4E: The risk of government shutdown is approaching, Cook admits to holding coins, and the long-term logic of Bitcoin is being discussed again.

CoinVoice has learned that, according to 4E observation, the crisis of the U.S. government shutdown is once again approaching. With funding set to expire on September 30, Trump will meet with congressional leaders on September 29. If the spending bill is not passed, millions of federal employees may be affected. Analysts at Deutsche Bank warn that this is the highest risk window for a government shutdown since 2018-19. Trump previously stated, "If the government has to shut down, then it will shut down."

In the crypto market, Apple CEO Cook confirmed that he personally holds Bitcoin and Ethereum, describing them as a "reasonable allocation idea" in his investment portfolio, indicating that cryptocurrencies are gradually being recognized by more mainstream tech leaders. Meanwhile, well-known analyst PlanB believes that the bull-bear boundary for Bitcoin will emerge in June 2025, and the market may enter a long-term stable upward cycle.

In terms of institutional views, Cathie Wood stated that Ethereum is unlikely to surpass Bitcoin, and the scale effect of Bitcoin will continue to expand. However, she revealed that she recently purchased BitMine stocks to indirectly invest in the ETH ecosystem.

On a macro level, Citibank's latest report raises the forecast for the stablecoin market size in 2030 to a baseline of $1.9 trillion, with an optimistic scenario potentially reaching $4 trillion, corresponding to a trading volume that could exceed $200 trillion. The current market capitalization of stablecoins is approximately $296.8 billion, with USDT accounting for nearly 59%, indicating that the market is still in its early stages.

4E reminds investors: macro uncertainty combined with the gradual integration of the crypto market into the mainstream financial system presents both short-term risks and long-term opportunities. Investors should pay attention to the U.S. fiscal games and the progress of stablecoin regulation, and seize structural opportunities.