Gate Ventures: New stock index highs and policy divergence coexist, market uncertainty rises Odaily Planet Daily News: According to Gate Ventures' latest weekly report, the overall performance of the global market is stable, but inflationary pressure and policy divergence are rising simultaneously. The S&P 500 rose above 7200 points for the first time, with the Fed maintaining interest rates but experiencing significant divergence. Coupled with severe fluctuations in oil prices due to supply shocks from Hormuz, market expectations of stagflation have strengthened. In this context, the overall cryptocurrency market maintains a volatile pattern, with BTC generally sideways and ETH experiencing a slight correction. ETF funds have shown differentiation, and market sentiment remains in a cautious range. At the industry level, the CLARITY Act clarifies the profit boundary of stablecoins and further promotes the clarification of regulatory frameworks; The rapid growth of EURC in the retail payment scene in Spain reflects the landing of localized stablecoin applications; The Solana ecosystem is advancing with the quantum signature scheme Falcon, indicating that the industry's forward-looking layout for long-term security is strengthening. In terms of investment and financing, a total of 15 financing transactions were completed this week, with a total scale of 167 million US dollars, a month on month increase of 205%, and the infrastructure track still dominates. Among them, Four Pillars completed Series A financing to strengthen institutional level research and infrastructure capabilities; Belo receives $14 million in investment from Tether to accelerate the expansion of stablecoin payment networks in Latin America. Overall, capital is continuing to concentrate towards infrastructure and cross asset platforms, accelerating the industry's evolution towards institutionalization and multi asset integration.