BTC breaks through $97,000, Bank of Japan continues to keep interest rates unchanged

Headline

▌BTC breaks through $97,000

According to the market, BTC breaks through $97,000 and is now at $97,000.03, with a 24-hour increase of 3.23%. The market is volatile, so please do a good job of risk control.

▌The Bank of Japan continues to maintain interest rates unchanged

The Bank of Japan maintained its target interest rate at 0.50% for the second consecutive meeting, in line with market expectations.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $96,667.30, with a daily increase or decrease of +2.7%;

ETH's latest transaction price is $1,852.03, with a daily increase or decrease of +4.3%;

BNB's latest transaction price is $601.10, with a daily increase or decrease of +0.4%；

SOL's latest transaction price is 151.40 US dollars, with a daily increase or decrease of +4.7%；

DOGE's latest transaction price is 0.1822 US dollars, with a daily increase or decrease of +6.3%；

XPR's latest transaction price is 2.23 US dollars, with a daily increase or decrease of +2.3%.

Policy

▌JP Morgan's blockchain unit expands to the Middle East and North Africa

JPMorgan's blockchain business unit Kinexys (formerly Onyx) has expanded its presence in the Middle East and North Africa, partnering with eight leading banks in the region. The development marks a broader shift toward blockchain integration in banking infrastructure. JPMorgan said Thursday that six of the eight banks are Qatar National Bank, Saudi National Bank, First Abu Dhabi Bank, Emirates National Bank, Commercial Bank of Dubai and Bank ABC. A JPMorgan spokesman did not disclose the names of the remaining two banks. The banks are using Kinexys to improve cross-border payments, treasury functions and transaction efficiency.

▌North Carolina House Passes State Crypto Investment Bill

The North Carolina House of Representatives has passed a bill that would allow the state's treasurer to invest public funds in approved cryptocurrencies, and the bill will now be submitted to the Senate for consideration. The House of Representatives passed the Digital Asset Investment Act (House Bill 92) on April 30 by a vote of 71 to 44. The bill, introduced in February by Republican House Speaker Destin Hall, allows the Secretary of the Treasury to allocate 5% of the state's investments to designated digital assets. Investments can only be made after obtaining an independent third-party assessment that confirms that cryptocurrency holdings are maintained through a secure custody solution and that risk oversight and regulatory compliance standards are met.   The new amendment allows the treasurer to study the feasibility of allowing members of retirement and deferred compensation plans to choose to invest in digital assets held as exchange-traded products (ETPs).

Blockchain Applications

▌Layer-2 Rollup Protocol Aztec Announces Testnet Launch

The privacy-focused Layer-2 Rollup protocol Aztec announced the launch of its testnet, which uses protocol-level encryption technology to allow users to store private data on the blockchain in encrypted form. The project team said they have been working on the product for more than 8 years, pushing this cutting-edge technology one step further to the mainnet. Co-founder Zac Williamson said that unlike conventional ZK Rollup, Aztec prioritizes privacy rather than scalability, and a single transaction requires more on-chain resources. Earlier in 2022, Aztec Network completed a $100 million Series B financing round, led by a16z.

▌BNB Chain releases MCP to accelerate AI Agent deployment

BNB Chain releases Model Context Protocol (MCP) protocol to accelerate AI Agent deployment. As part of the "AI First" strategy, the MCP open protocol is used to standardize secure two-way communication between AI applications and external systems that provide data or tools. It connects blockchain data and AI models through standardized interfaces, enabling builders to build intelligent, context-aware applications.

Cryptocurrency

▌Bitwise executives: Bitcoin may reach $1 million in 2029

André Dragosch, head of European research at Bitwise, predicts that Bitcoin may reach $1 million in 2029, and its market value will surpass gold (currently $21.7 trillion). His analysis pointed out that the basic target price of Bitcoin in the 2025 cycle is $200,000. If the US government directly allocates Bitcoin through a "budget neutral" strategy, it may rise to $500,000. The performance of the US spot Bitcoin ETF exceeded expectations in its first year, and BlackRock's IBITETF set a record for the fastest growth in history. Dragosch believes that as the channels of large investment banks such as Merrill Lynch and Morgan Stanley are gradually opened, "structural capital inflows" will extend the Bitcoin cycle.

▌Dinari, a blockchain financial company, has completed a $12.7 million Series A financing round, led by Hack VC and others

Dinari, a blockchain financial company, announced the completion of a $12.7 million Series A financing round, led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime and Avalanche Fund. The company's total financing has reached $22.65 million, with a valuation of $40.15 million in 2024. According to Pitchbook data, Dinari's valuation in 2024 is $40.15 million. The current valuation is unclear, but the company said it has achieved profitability, but declined to disclose the specific amount. Dinari focuses on providing U.S. stock investment services to overseas investors, issuing tokens representing U.S. stock ownership through blockchain technology. Its API service has been connected to many financial technology platforms, and users can purchase tokens corresponding to stocks of companies such as Apple. Dinari will directly purchase and hold the corresponding stocks in the U.S. stock market to ensure 100% asset endorsement.

▌Canary Capital Submits S-1 Registration Application for SEI Spot ETF to the U.S. SEC

Late Wednesday, Canary Capital submitted an S-1 registration statement to the U.S. Securities and Exchange Commission, planning to manage what may become the first spot SEI ETF product in the United States, and the fund contains a pledge element. The proposed fund aims to provide investors with direct exposure to the price of SEI, the native cryptocurrency of the Sei network, and the assets will be managed by BitGo and Coinbase. The trust plans to pledge part of its assets through one or more infrastructure providers, which may bring additional returns to investors. In addition, the fund will handle the creation and redemption of shares in cash, similar to the existing spot Bitcoin and Ethereum ETF structure in the United States.

▌Bitcoin's historical return rate in May: 6 times closed up and 6 times closed down since 2013

According to Coinglass data, in the 12 "May" rallies in Bitcoin's history since 2013, 6 closed up and 6 closed down. The largest increase occurred in May 2019, when the monthly increase was 52.38%. The largest decline occurred in May 2021, when the monthly decline was 35.31%. Since 2013, the average return rate of Bitcoin's "May" rally has been 7.4%.

Important economic dynamics

▌U.S. stocks opened higher, and cryptocurrency stocks rose across the board

U.S. stocks opened, with the Dow up 0.51%, the S&P 500 up 1.02%, and the Nasdaq up 2%, driven by the cooling of the trade situation and the better-than-expected earnings reports of technology stocks. Microsoft (MSFT.O) rose 10%, Meta Platforms (META.O) rose 7.25%, and their Q1 performance both exceeded expectations. In addition, cryptocurrency stocks rose across the board, including: MicroStrategy (MSTR) rose 2.96% Coinbase (COIN) rose 2.41% MARA Holdings (MARA) rose 4.34% Riot Platforms (RIOT) rose 5.09%

▌Hassett leaked "big news on tariffs", and analysts expected an agreement with India

Hassett, director of the U.S. National Economic Council, said that tariff news is expected to be announced before the end of today (Thursday in the United States). Analysts at financial website Forexlive said: "Will they announce the first trade agreement, or at least the details? If so, be sure to pay attention to the news until the close of the U.S. market, as this will have a huge impact on the market. I expect it will be an announcement of an agreement with India. There are increasing signs that India can reach an agreement, which will be key, especially if the United States is willing to reduce its minimum tariffs to below 10%."

▌U.S. stock index futures extended gains, with S&P 500 futures up 1%

U.S. stock index futures extended gains, with S&P 500 futures up 1%, Dow futures up 0.54% and Nasdaq futures up 1.46%.

Golden Encyclopedia

▌What is an address poisoning attack

In the cryptocurrency world, hostile behavior by attackers to influence or deceive consumers by tampering with cryptocurrency addresses is called an address poisoning attack. On the blockchain network, these addresses, which consist of different alphanumeric strings, are the source or destination of transactions. 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 intended as actual investment advice. Please establish a correct investment concept and be sure to improve risk awareness.