BTC market value becomes the seventh largest asset in the world. IBIT holdings exceed 600,000 BTC

Headlines

▌Bitcoin ' s market value surpasses silver and becomes the seventh largest asset in the world's market value

According to market information, Bitcoin's market value surpasses silver and becomes the seventh largest asset in the world's market value, with a current market value of US$1.933 trillion.

▌BlackRock IBIT holdings exceed 600,000 BTC

Official BlackRock data shows that as of May 1, the market value of IBIT holdings reached US$58,892,429,661.09, with holdings reaching 607,685.49 BTC.

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Quotes

As of press time, according to Coingecko data:

BTC's recent transaction price is US$96,504.42, with an increase of -0.4% intraday;

ETH's latest transaction price is US$1,831.45, with an intraday increase and decrease of -0.7 % ;

BNB's recent transaction price is US$598.50, with an intraday increase and decline of -0.6% ;

SOL's latest transaction price is US$147.86, with an intraday increase and decrease of -1.7 % ;

DOGE's latest transaction price is US$0.1802, with an intraday increase and decrease of -0.8 % ;

XPR's recent transaction price is US$2.20, with an intraday increase and decrease of -0.8 % .

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policy

▌The UK Financial Conduct Authority solicits public feedback on UK cryptocurrency legislation

The Financial Conduct Authority (FCA) is seeking comments on crypto assets as part of developing more legislative measures. According to a discussion paper released today, the FCA is particularly interested in listening to opinions on intermediaries, pledges, loans, borrowings and DeFi or decentralized finance. According to the FCA, the plan aims to develop clear crypto legislation to boost confidence and support the industry’s growth. As part of FCA’s five-year strategy for 2025-2030, FCA will focus on smarter regulation to support sustained economic growth. In addition, the FCA will also be committed to helping consumers control their financial lives and use this as an opportunity to combat financial crimes

▌The EU plans to completely ban privacy coins and anonymous crypto transactions in 2027

The EU Parliament and the Council have reached a preliminary agreement on the Anti-Money Laundering Regulations (AMLR), which is planned to be fully implemented in 2027. The regulation will prohibit cryptoasset service providers (CASPs) from supporting cryptocurrencies with anonymity features such as Monero and Zcash, and restrict the use of anonymization tools such as cryptocurrencies such as cryptocurrencies. Although self-custodial wallets are not directly banned, their anonymous transaction capabilities will be strictly restricted. According to AMLR, CASP must perform client due diligence on all transactions, including transfers from self-custodial wallets. In addition, regulations prohibit the provision of anonymous accounts and require assessments of high-risk privacy wallets and currency mixing services. The relevant reports are expected to be completed three years after the regulations take effect, that is, by 2030.

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Blockchain application

▌ Moonshot is online Hosico cat

According to Moonshot Listings monitoring, Moonshot has launched the Solana chain Meme currency Hosicocat, with a market value of US$35.26 million, a 24-hour increase of 10.16%.

▌BlackRock applies to US SEC to apply blockchain technology to its Treasury Trust Fund

According to Bloomberg, global asset management giant BlackRock has submitted an application to the U.S. Securities and Exchange Commission (SEC) to create a blockchain-based stock category for BlackRock's BLF Treasury Trust, which is the abbreviation of distributed ledger technology. DLT will seek to use blockchain technology to record stock ownership or simplify certain fund operations of money market funds that invest in high-quality short-term U.S. Treasuries. DLT shares are only available through Bank of New York Mellon (BNY), which plans to use blockchain technology to maintain mirror records of stock ownership for its customers.

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Cryptocurrency

Goldman Sachs: It will increase its investment in digital assets and bet on tokenization business

Mathew McDermott, global head of digital assets at Goldman Sachs, said at TOKEN2049 that it will expand digital asset trading activities, explore crypto lending and bet on tokenization. Mathew McDermott said that more and more Goldman Sachs customers are eager to participate more actively in digital asset trading, and Goldman Sachs will focus on business implementation. Hope to obtain various regulatory approvals. Goldman Sachs was previously mainly active in secondary market transactions such as private equity, and will promote tokenization and collateral liquidity businesses in the future.

▌U.S. stocks opened higher, S &P 500 rose 0.99%

Non-agricultural data was better than expected, with U.S. stocks opening higher, Dow Jones Industrial Average up 1.03%, S&P 500 up 0.99%, and Nasdaq up 0.9%. NVDA.O rose 2.2%, it is reported that it adjusted its AI chips after U.S. export regulations. Apple (AAPL.O) fell 4%, and Cook expected Trump's trade policy to increase costs by $900 million. Nasdaq China Golden Dragon Index rose 2.6%.

▌ CIA uses Bitcoin as a tool for its actions

Michael Ellis, deputy director of the CIA, said that the CIA is increasingly using Bitcoin as a tool for its operations, and the use of cryptocurrencies is related to national security. Ellis said intelligence agencies work with law enforcement to track BTC, a point in data collection in counterintelligence operations. Although Ellis' comments suggest that Bitcoin is maturing as an asset, it also reflects the increasing participation of governments and institutions in Bitcoin and cryptocurrencies. This growing engagement runs contrary to the liberalism and crypto-punk spirit that cryptocurrencies originally contained.

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Important economic trends

▌Spot gold rose by $8 in the short term, reaching $3,260 per ounce upward

Spot gold rose by $8 in the short term, hitting $3,260 per ounce upward, up 0.68% intraday.

▌Institutional forecast: Bank of England will cut interest rates in May and will cut interest rates three more times this year

Sanjay Raja, a senior economist at Deutsche Bank, said in a note that the Bank of England is expected to cut interest rates by 25 basis points in May and three more rates in August, November and December this year. As inflation slows in the UK and labor market data show signs of easing, the UK may accelerate its rate cuts. Given the rising uncertainty in multiple aspects, we believe that the Monetary Policy Committee will open the door to faster, if not greater, interest rate cuts in the coming months or quarters.

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Golden Encyclopedia

▌What is address poisoning attack

In the cryptocurrency world, hostile behavior by attackers to influence or deceive consumers by tampering with cryptocurrency addresses is called address poisoning attacks. On a blockchain network, these addresses composed of different alphanumeric strings are the source or destination of the transaction. These attacks use various methods to undermine the integrity and security of crypto wallets and transactions.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.