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#BTC breaks 56K, ATH coming soon?#Crypto exchange Kraken has shared "the real story" of the SEC lawsuit against it. Kraken has also moved to dismiss the complaint.

Trump orders two U.S. nuclear submarines deployed near Russia due to Medvedev's threats.

Recently, the crypto assets market has experienced turbulence. The price of SOL coin saw a significant drop last night, leading to approximately 200,000 investors suffering huge losses, including many large investors facing liquidation risks. In light of this situation, several institutions have jointly called on the U.S. Securities and Exchange Commission (SEC) to focus on its staking mechanism during the review of SOL's ETF application this quarter. This move has sparked widespread discussion in the market. Analysts point out that if the SEC can approve this proposal, SOL may replicate Ethereum's previous upward pattern. However, the approval process seems to have been delayed, which has led investors to maintain a cautious attitude towards future trends. Market observers believe that SOL's current key support level is around $160, and the stability of this level will directly affect its short-term trend. At the same time, the overall environment of the Crypto Assets market is facing many challenges. News of potential tariffs from the U.S. government, the upcoming interest rate decision from the Federal Reserve, and the SEC's recent launch of the ProjectCrypto initiative have all added uncertainty to the market. Changes in these macro factors may have a profound impact on various digital assets, including SOL. In such a market environment, investors need to remain vigilant and closely monitor market trends and changes in regulatory policies. At the same time, they should recognize the high-risk nature of Crypto Assets investment, make cautious decisions, and allocate assets reasonably. In the face of market volatility, maintaining a rational and long-term investment perspective is crucial.

With the development of the RWA project, choosing the right coin issuance entity is crucial. Singapore is favored for its open regulatory environment and legal framework, but recent tightening of regulations has led the project party to consider U.S. foundations or UAE foundations as alternative options. At the same time, compliance operations still require support from a professional team.