Selected News Highlights 1. Crypto Market Experiences Another Huge Shock, Total Market Cap Falls Below $3 Trillion; Crypto Concept Stocks Plunge, Strategy and BitMine Drop Nearly 10% 2. Global Risk Assets Plunge Last Night, US Stocks, Precious Metals, and Cryptocurrencies All Suffer 3. Geopolitical Tensions Escalate! US Military Deploys More Warships to the Middle East 4. The Clarity Act Passes the Agriculture Committee's Review with Difficult Partisan Voting, Deepening Partisan Divide 5. Citrea Bitcoin ZK Rollup Mainnet Launches, Igniting Block Space Debate Again Articles & Threads 1. "CZ Caught in Overseas Public Opinion Storm, a16z Increases Holdings in $HYPE, Mainstream Ecosystem Updates Overview" In the past 24 hours, the crypto market has shown a clear divergence across multiple dimensions. Mainstream topics focus on the expectation of a recovery in risk appetite triggered by the rapid rise in $HYPE, and the ongoing trust crisis surrounding CZ and Binance. In terms of ecosystem development, Ethereum focuses on high-performance infrastructure and advancing on-chain financial narratives. The Perp DEX track promotes both trading volume and mechanism innovation, while prediction markets and asset issuance protocols further highlight the accelerating competition at the application layer through real-world cases and financing progress. 2. "What Benefits Can ERC-8004 Bring to Ethereum?" While AI is reshaping the software industry, and most companies struggle to truly benefit, Ethereum has chosen a different path. This article uses ERC-8004 as its core to explain why ETH and AI are not merely functional additions, but rather fundamentally symbiotic: AI requires a trustworthy and immutable settlement and collaboration foundation, and Ethereum precisely provides this crucial capability. By establishing a verifiable identity and reputation system for AI agents, ERC-8004 enables cross-organizational AI-to-AI collaboration and brings new growth logic to DeFi, RWA, and on-chain activity. Market Data Daily Overall Market Funding Sentiment (Reflected by Funding Rates) and Token Unlocking Data Source: Coinglass, TokenUnlocks Funding Rate Token Unlocking