Trump's crypto assets account for 37% of its total assets CZ: Satoshi Nakamoto comes from the future

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering weekly key news, mining information, project trends, technological progress and other industry trends. This article is one of the news weekly news magazines, which will take you to take a look at the major events in the blockchain industry this week.

Headlines

▌Analysis: Trump 's crypto assets account for about 37% of his total assets

The National Defenders Fund (SDDF) report that cryptocurrencies may account for 37% of Donald Trump’s wealth. Due to limited public information, the report can only speculate on its potential revenue, including transaction fees for TRUMP and World Liberty Financial Tokens (WLFI). The Meme coin launched by Trump significantly increased its crypto assets, but the exact wealth is difficult to determine due to price fluctuations and unclear holdings.

▌CZ: Satoshi Nakamoto is the artificial intelligence from the future

Binance founder CZ posted on social media that “Satoshi Nakamoto is AI from the future. I was just asked in a live interview in Turkey (still in progress) “Who I think Satoshi Nakamoto might be”. I always tweet when I meet.”

▌Trump told Musk: You can stay as long as you want

US President Trump told Musk: "You can stay as long as you want." Trump said Musk helped a lot and was treated unfairly, and Musk wanted to return to his auto career. Previous reports that on April 23, Musk said that the work of the U.S. Department of Efficiency (DOGE) is important. May will return to Tesla, and the time allocated to the DOGE department will be significantly reduced. “As long as the president wants, he will stay in the DOGE department for a day or two every week.”

▌Crypto industry leaders write to the Trump administration, calling for stopping prosecution of software developers

Led by the DeFi Education Fund, more than 70 crypto industry insiders jointly wrote a letter to David Sacks, head of AI and crypto affairs at the White House, urging the Trump administration to terminate the Justice Department's "over-enforcement" of open source software developers such as Tornado Cash co- founder Roman Storm to protect American developers and achieve the goal of building the United States into the "global crypto capital."

▌CZ: Advising on establishing cryptocurrency reserves for multiple countries

April 30th news, CZ today published its views on the progress of cryptocurrency global strategic reserves on the Dubai TOKEN2049 stage, and is consulting several countries outside Europe to guide them on how to build cryptocurrency reserves like the United States. CZ also mentioned the reason why he invested in X platform. What I am most interested in is free funding, but in order to own it, you need freedom of speech, which is the basis.

policy

▌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.

▌Solana and other institutions propose to the US SEC to put US stocks on the chain to promote financial innovation

Solana Policy Institute, Superstate Inc., Lowenstein Sandler LLP and Orca Creative submitted a new framework to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force on Wednesday to bring equity securities such as stocks on the chain. The pilot project is called "Project Open". The Solana Policy Institute said that "Project Open is a reflection of the progress of financial innovation in the United States" and can enhance the transparency of the US financial market, realize instant settlement and reduce costs. BlackRock CEO Larry Fink also pointed out: "Every stock, every bond, every fund - every asset - can be tokenized."

▌U.S. SEC terminates investigation into PayPal stablecoin PYUSD and does not take law enforcement actions

PayPal disclosed in a filing filed on Tuesday that the Securities and Exchange Commission (SEC) has terminated its investigation into its dollar stablecoin PYUSD and has taken no enforcement action. PayPal said that SEC law enforcement previously issued a subpoena in November 2023, requesting documents related to PYUSD, and notified the investigation to close the case in February 2025.

▌Bloomberg ETF analyst: US SEC is expected to announce the final approval results of 5 encrypted ETFs in October or after

The U.S. Securities and Exchange Commission (SEC) postponed its decision on applications for five crypto-related exchange-traded funds (ETFs) including Franklin Templeton Spot Solana (SOL) and XRP ETFs, Grayscale Spot Hedera (HBAR) ETFs. Bloomberg ETF analyst James Seyffart posted on X platform that the move was expected because the final deadline for most projects is October 2025 or later, but he did not rule out the possibility of further delays this week. According to the approval schedule, many postponed ETF products will still face final approval deadlines between the third and fourth quarters.

▌Nigerian government passes law to recognize Bitcoin as a securities

Nigerian President Tinubu signed the Investment and Securities Act 2025 last month, officially classifying Bitcoin and other digital assets as securities. This marks the first time that Nigerian regulators have officially recognized the legal status of Bitcoin. The new bill will give the Nigeria Securities and Exchange Commission (SEC) regulatory authority over virtual asset service providers (VASPs), digital asset operators (DAOPs) and digital asset exchanges (DAEs). The bill also cracks down on the Ponzi scheme, and violators face fines of at least 20 million naira (about $12,430) and up to 10 years in prison.

Blockchain application

▌Encryption project World is launched in the United States, with plans to launch Visa card and Tinder pilot projects

The human verification encryption project World is launched in the United States, where users can obtain WLD tokens by verifying their identity and establish World ID. The project will be launched in six cities: Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco. Meanwhile, World plans to launch a Visa card that allows users to pay with WLD tokens and other digital assets. In addition, World has partnered with Match Group to launch a pilot among Tinder users in Japan, aiming to help users verify their true identities. World will also provide access to the forecast market Kalshi through its app.

▌Baanx and Visa cooperate to launch USDC stablecoin payment card

Baanx and Visa cooperate to launch a stablecoin payment card bound to a self- hosted wallet, and the first release supports USDC issued by Circle. The card "enables cardholders to consume USDC directly from their crypto wallets", transfer the USDC balance to Baanx in real time when authorized through a smart contract, and then exchange it for fiat currency to complete the payment. Baanx is also working with Mastercard to develop a wallet card that binds MetaMask. “We are empowering people to hold and consume dollar stablecoins in a self-custodial, real-time manner – that’s the future of finance,” Baanx said.

▌Trump Media Group plans to launch Truth Social utility token

"As part of the rewards program, we are exploring the introduction of a practical token in the Truth digital wallet, which can initially be used to pay for Truth+ subscription fees and may also be applicable to other products and services in the Truth ecosystem in the future," Trump Media & Technology Group said in a letter to shareholders. In January, the company launched the fintech brand Truth.Fi, which previously submitted a trademark application covering the "downloadable computer software used as a digital wallet" service.

▌European digital bank Bunq launches cryptocurrency service powered by Kraken

European digital bank Bunq announced the launch of Bunq Crypto on April 29, allowing users to invest in more than 300 cryptocurrencies, including Bitcoin, Ether and Solana. The service will be launched first in the Netherlands, France, Spain, Ireland, Italy and Belgium, with technical support from Kraken. "Our global users have long been looking forward to a simple, secure and direct way to invest in digital assets," Bunq said. "About 65% of European consumers want to manage banking, savings and cryptocurrency investments through a unified platform," and more than 50% of respondents want to be exposed to cryptocurrencies, but believe that existing platforms are difficult to meet demand in terms of simplicity and security.

▌Interchain Foundation Strategic Investment Stride Launches DEX Stride Swap

According to official news, the Interchain Foundation announced the investment in the current pledge agreement Stride, which supports its development of the decentralized trading platform Stride Swap based on IBC Eureka on the Cosmos Hub. The DEX will serve as a Cosmos multi-chain DeFi infrastructure and support instant cross-chain exchange of Cosmos native assets such as ETH, SOL, USDT, ATOM, USDC, etc.

Cryptocurrency

Kraken 's revenue in the first quarter was $472 million, driven by fluctuations in the early days of Trump's administration

Kraken said in his blog that its revenue in the first quarter of 2025 was $472 million, a year-on-year increase of 19%, driven mainly by market volatility in the 100 days before Trump's second term. The exchange is scheduled to be listed in the first quarter of 2026. Adjusted EBITDA rose 17% year-on-year to $187.4 million, while trading volume increased by 29% year-on-year. "We also surpassed the broader industry benchmarks, indicating an increase in market share and deepening customer engagement," Kraken said. Despite the overall market weakening, platform assets continued to grow in the quarter.

▌Blockchain Group plans to increase Bitcoin holdings to 260,000 by 2033

According to Cointelegraph, European Bitcoin finance company Blockchain Group plans to increase its Bitcoin holdings to 260,000 (US$24 billion) by 2033.

▌USDT 's market value reached US$149 billion and continued to hit a new record, surpassing Qualcomm and Schwab Financial

Paolo Ardoino, CEO of stablecoin issuer Tether, released data on the X platform, showing that USDT's market value reached US$149 billion, continuing to hit a record high, surpassing technology giant Qualcomm and financial giant Schwab Financial to rise to 119th in the global market value ranking. It is worth mentioning that USDT's market value hit US$146 billion on April 24 and US$147 billion on April 25, which means it has grown by more than US$3 billion in about a week.

▌US Senator Lummis: BTC is the only way for the United States to get rid of the vortex of $36 trillion in debt

U.S. Senator Cynthia Lummis, speaking in Congress, said the United States has no time and no traditional choice, either defaulting causes collapse and fall into hyperinflation, or using bitcoin and technology to get out of the situation. The Bitcoin Act will be the only solution to the US $36 trillion debt, and the relevant initiatives have been supported by Trump. If the Bitcoin Act is enacted into law, the United States will purchase 200,000 bitcoins each year over the next five years, creating a reserve of 1 million bitcoins that has been held for at least two decades. According to VanEck's previous estimates, if the United States follows this roadmap, it is expected that the Bitcoin reserves can offset up to $21 trillion in national debt by 2049.

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.

Important economic trends

▌The core PCE of the United States hit a new low since June last year

The annual rate of the core PCE price index in the United States in March was 2.6%, a new low since June 2024, in line with expectations. The U.S. core PCE price index recorded a monthly rate of 0% in March, hitting a new low since April 2020, lower than expected 0.1%.

▌Interest rate futures are expected to cut interest rates by 100 basis points in the remaining time of 2025

Interest rate futures are expected to cut interest rates by 100 basis points for the rest of 2025, compared with 94 basis points on Wednesday. (Jin Shi)

▌The number of non-farm employment in the United States after the seasonal adjustment in April is 177,000, and the expected number is 130,000.

According to Jinshi, the United States has a non-farm employment population of 177,000 after the seasonal adjustment in April, with an expected 130,000, and the previous value was revised from 228,000 to 185,000.

▌For the first time, analysts believe that the average annual price of gold is more than $3,000

According to a Reuters survey, the average gold price is expected to reach $3,065 per ounce in 2025 and $3,000 per ounce in 2026. This is the first time that some analysts expect the average annual gold price to exceed $3,000. The average silver price is expected to be $33.10 per ounce in 2025 and $34.58 per ounce in 2026. (Jin Shi)

▌Traders Full Price Fed to Cut 25 basis points Four Rate by End of 2025

Traders fully price the Fed will cut interest rates by 25 basis points four times by the end of 2025. (Jin Shi)