Bitwise CEO Hunter Horsley observed that the four-year cycle of Bitcoin is being broken. He pointed out that the market generally expects 2026 to be a down year, which will lead to a dumping in 2025, resulting in the down year phenomenon. Horsley believes that the launch of the Spot ETF has changed the market structure, and the future environment for Crypto Assets will be more favorable.

Golden Finance reported that Pieverse, a Web3 startup focused on building payment and Compliance infrastructure, announced the completion of a $7 million strategic financing round. This round was co-led by Animoca Brands and UOB Ventures, with participation from 10K Ventures, Signum Capital, Morningstar Ventures, Serafund, Undefined Labs, and Sonic.

Odaily RWA Project RWA Inc. announced the completion of a $1.175 million private sale funding round on the X platform, with participation from Castrum Capital, Maven Capital, Unreal Capital, Decubate.com, SkyGardians Capital, Undefined Capital, DuckDAO and others, as a complement to the $9 million long funding commitment in previous rounds.