Blockchain Daily Briefing: Arthur Hayes: The 2025 Crypto Bull Market in China and the U.S. Will Be Spectacular, Liquidity Will Be Everywhere

1. Arthur Hayes: The 2025 crypto bull market in China and the U.S. will be spectacular, and liquidity will be everywhere.

2. Last week, Solana ecosystem DEX trading volume decreased by over 10%, while Ethereum DEX grew by 12%.

3. U.S. Congressman Ro Khanna: Expects the current U.S. administration to release a positive statement and regulatory roadmap for the crypto industry in the coming weeks.

4. The market capitalization share of DeFi has fallen to its lowest level in three years.

5. The probability of a 50 basis point rate cut by the Federal Reserve in September is 48%.

6. U.S. Congressman Vivek Ramaswamy predicts that Harris will embrace Bitcoin and the crypto industry.

7. The number of addresses holding more than one BTC has exceeded 1 million.

8. Optimism is developing a native interoperability system for Layer 2 blockchains.

9. Musk: The live interview with Trump will reduce audience engagement, and an unedited audio of the conversation with Trump will be released afterward.

10. The liquidators of Three Arrows Capital are seeking at least $1.3 billion in compensation from Terraform Labs.