Yesterday, a photo of the a16z boss and Brother Sun was released.
Brother Sun is starting to take the stage, indicating that the AI agent market is a bit overheated, and there is a need for a short-term pullback. It is recommended to take profits while you can, at least to recover the principal and leave the profits in the market.
The overall DeFi sector is starting to weaken, mainly due to the new DeFi brokerage regulatory bill introduced in the United States. It requires DeFi users to complete KYC and pay taxes, which could be implemented as early as 2027.
It is worth noting that the DeFi Education Fund tweeted that the industry is fighting back against the IRS's 'broker' rule.
To protect the DeFi and digital asset industry, they have decided to sue the U.S. Department of the Treasury and the IRS. a16z Crypto has also expressed support for the Blockchain Association's lawsuit against the IRS. It can be seen that some have already started to fight back. If this bill is really implemented, it will affect the liquidity of the crypto market, especially the liquidity of DeFi. We can continue to monitor the follow-up developments to see if this bill will be withdrawn after Trump takes office.