The Crypto Assets sector is facing a series of significant events and decisions. The U.S. Congress is about to hold a crucial vote on the market structure of Crypto Assets and stablecoins, which could have far-reaching implications for the entire industry. At the same time, Kazakhstan is considering investing national reserves in Crypto Assets, showing the increasing acceptance of digital assets by the TradFi system.

At the same time, the yield on 30-year U.S. Treasury bonds continues to decline, drawing investors' attention to inflation issues. This macroeconomic factor may influence the direction of the Crypto Assets market.

In terms of corporate dynamics, Grayscale has secretly submitted a draft filing for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), a move that may open new channels for institutional investors to enter the Crypto Assets market.

On a technical level, the Bitcoin community is discussing a controversial upgrade proposal BIP-119, with a decision expected to be made by the end of the year. This upgrade could have a significant impact on the functionality and security of the Bitcoin network.

Overall, the Crypto Assets market is at a critical turning point, with policy making, institutional participation, and technological innovation collectively shaping the future of this emerging industry. Investors and industry participants need to closely monitor these developments to adapt to the ever-changing market environment.