According to online reports, according to QCP Asia analysis, although Israel resumed limited strikes a few hours after the ceasefire agreement, market sentiment turned into overall risk appetite. The Nasdaq hits a new high, and the S&P 500 approaches its historical peak. Coinbase (COIN) rose 12% to close at a six-month high of US$344.94, mainly due to two major regulatory benefits: first, the United States passed the GENIUS Act to clarify the stablecoin compliance framework; second, Coinbase was approved by Luxembourg regulators, becoming the first U.S. -funded exchange authorized by MiCA. In this context, institutions continue to increase their holdings of bitcoin. ProCap Fund purchased US$386 million in BTC, and the total amount of coins held by companies has reached 3.45 million.