最新报道：The following article is adapted from The Block's newsletter, The Daily, published weekday afternoons. Happy Thursday! Analysts believe that despite strong long-term fundamentals, Bitcoin is in a "precarious" position as short-term investors prepare for upcoming macro events. In today's newsletter, the US government begins publishing key macroeconomic data on-chain, Kanye West's YZY token crashes, leaving 50,000 wallets in the red, Solana's latest upgrade proposal enters the voting phase, and more. Meanwhile, Federal Reserve Governor Lisa Cook is suing President Trump for attempting to fire her amid central bank tensions. Let's get started. P.S. Don't forget to check out The Funding, a biweekly summary of cryptocurrency VC trends. It's a great read—and like The Daily, it's free to subscribe to! The US government has begun publishing key macroeconomic data, such as GDP and PCE, on a public blockchain for the first time, following Commerce Secretary Howard Lutnick's hint at such a move earlier this week. According to Bubblemaps, over 50,000 wallets (approximately 74% of traders) lost money on Kanye West's Yeezy Money token, totaling over $74.8 million after the price plummeted following the YZY launch. JPMorgan analysts said Bitcoin's current price is "too low" compared to gold, given its volatility has fallen to historical lows, and projected a "fair value" of $126,000 by the end of the year. Solana's proposed Alpenglow upgrade, designed to replace its current consensus mechanism with a faster, more resilient architecture, has entered the voting phase. Most Polymarket bettors still expect Bitcoin to fall below $100,000 by the end of the year, although the probability has dropped to 61%, down from 72% earlier this week. Never miss the most impactful events in the digital asset ecosystem with The Block's daily digest.