Regarding the Federal Reserve's plan to purchase $40 billion in short-term U.S. Treasury bonds each month, this indicates that the Fed's monetary policy has shifted from "balance sheet reduction" to "technical expansion." The core objective is to inject liquidity into the financial system and alleviate short-term funding pressures.

The U.S. Congress is urging the SEC to allow Bitcoin and cryptocurrencies to be included in 401(k) retirement plans.

This marks a systematic push by the U.S. through political and administrative power to transition cryptocurrencies from "marginal assets" to "mainstream compliant assets," attempting to open a traditional funding channel worth hundreds of trillions of dollars.

The total asset size of defined contribution retirement plans like 401(k) exceeds $13 trillion. Even with an initial allocation ratio of just 1%, it could bring over $100 billion in long-term, stable incremental funds to the crypto market. This far exceeds the amount of funds introduced by Bitcoin spot ETFs to date.

The highest-level institutional endorsement: entering the retirement investment menu is equivalent to providing cryptocurrencies with "national-level" compliance and legitimacy endorsement, which can greatly alleviate mainstream investors' (especially older adults) concerns and complete large-scale market education.

Stabilizing market volatility: pensions belong to long-term allocated funds, and their "regular fixed amount" investment model (a portion deducted automatically from wages each month) acts like an "automated water pipeline," helping to smooth out the high volatility of the crypto market and providing a more solid bottom support.

In summary, Congress's urging of the SEC is a critical battle for cryptocurrencies to gain "authentication" in the mainstream financial world. Its core goal is to introduce long-term, massive compliant funds into the industry and attempt to lock in a long-term regulatory-friendly environment through public opinion.