Headlines
▌Bitcoin market value surpasses silver to become the world's seventh largest asset
According to market information, Bitcoin market value surpasses silver to become the world's seventh largest asset, with a current market value of $1.933 trillion.
▌BlackRock IBIT holdings exceed 600,000 BTC
BlackRock official data shows that as of May 1, IBIT's holdings reached $58,892,429,661.09, and its holdings reached 607,685.49 BTC.
Market
As of press time, according to Coingecko data:
BTC's latest transaction price is $96,504.42, with a daily increase or decrease of -0.4%;
ETH's latest transaction price is $1,831.45, with a daily increase or decrease of -0.7%;
BNB's latest transaction price is $598.50, with a daily increase or decrease of -0.6%;
SOL's latest transaction price is $147.86, with a daily increase or decrease of -1.7%;
DOGE's latest transaction price is 0.1802 US dollars, and its intraday increase or decrease is -0.8%;
XPR's latest transaction price is 2.20 US dollars, and its intraday increase or decrease is -0.8%。
Policy
▌UK Financial Conduct Authority seeks public feedback on UK cryptocurrency legislation
The UK Financial Conduct Authority (FCA) is soliciting opinions on crypto assets as part of developing more legislative measures. According to a discussion paper published today, the FCA is particularly interested in hearing about intermediaries, staking, lending, borrowing and DeFi or decentralized finance.
According to the FCA, the plan is to develop clear crypto legislation to boost confidence and support the growth of the industry. As part of the FCA's five-year strategy from 2025 to 2030, the FCA will focus on smarter regulation to support continued economic growth. In addition, the FCA will also work to help consumers take control of their financial lives and use this as an opportunity to combat financial crime
▌The EU intends to completely ban privacy coins and anonymous crypto transactions in 2027
The European Parliament and the Council have reached a preliminary agreement on the Anti-Money Laundering Regulation (AMLR), which is scheduled to be fully implemented in 2027. The regulation will prohibit crypto asset service providers (CASPs) from supporting cryptocurrencies with anonymous features, such as Monero and Zcash, and restrict the use of anonymization tools such as crypto mixers. Although self-hosted wallets are not directly banned, their anonymous trading functions will be strictly restricted.
According to AMLR, CASP must perform customer due diligence on all transactions, including transfers from self-hosted wallets. In addition, the regulations prohibit the provision of anonymous accounts and require the evaluation of high-risk privacy wallets and mixing services. The relevant report is expected to be completed three years after the regulations come into effect, that is, before 2030.
Blockchain Applications
▌Moonshot has launched Hosico cat
On May 2, according to Moonshot Listings monitoring, Moonshot has launched the Solana chain Meme coin Hosicocat, with a market value of US$35.26 million, a 24-hour increase of 10.16%.
▌BlackRock applies to the U.S. 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 share class for the BlackRock BLF Treasury Trust Fund, labeled DLT, the abbreviation for 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. Treasury bonds. DLT shares can only be purchased through Bank of New York Mellon (BNY), which plans to use blockchain technology to maintain a mirror record of stock ownership for its customers.
Cryptocurrency
▌Goldman Sachs: Will increase investment in digital assets and bet on tokenization
Mathew McDermott, head of global digital assets at Goldman Sachs, said at TOKEN2049 that it will expand digital asset trading activities, explore crypto lending, and bet heavily on tokenization. Mathew McDermott said that more and more Goldman Sachs clients are eager to participate more actively in digital asset transactions, and Goldman Sachs will focus on business implementation. Hope to obtain various regulatory approvals. Goldman Sachs was previously active in secondary market transactions such as private equity, and will promote tokenization and collateral liquidity business in the future.
▌U.S. stocks opened higher, S&P 500 rose 0.99%
Non-agricultural data was better than expected, U.S. stocks opened higher, the Dow rose 1.03%, the S&P 500 rose 0.99%, and the Nasdaq rose 0.9%. Nvidia (NVDA.O) rose 2.2% as it reportedly adjusted its AI chips following U.S. export regulations. Apple (AAPL.O) fell 4% as Cook expected Trump's trade policy to add $900 million in costs. The Nasdaq China Golden Dragon Index rose 2.6%.
▌CIA uses Bitcoin as a tool for its actions
The CIA is increasingly using Bitcoin as a tool for its actions, and the use of cryptocurrency is a matter of national security, said Michael Ellis, deputy director of the Central Intelligence Agency. Ellis said intelligence agencies work with law enforcement to track BTC, which is a point of data collection in counterintelligence operations.
While Ellis' comments indicate that Bitcoin is maturing as an asset, they also reflect the growing involvement of governments and institutions in Bitcoin and cryptocurrencies. This growing involvement runs counter to the libertarian and cypherpunk spirit that originally embodied cryptocurrency.
Important Economic Dynamics
▌Spot gold rose by $8 in the short term, reaching $3,260/ounce
Spot gold rose by $8 in the short term, reaching $3,260/ounce, up 0.68% on the day.
▌Institutional forecast: The Bank of England will cut interest rates in May and cut interest rates three more times this year
Sanjay Raja, senior economist at Deutsche Bank, said in a report that the Bank of England is expected to cut interest rates by 25 basis points in May and cut interest rates three more times in August, November and December this year.
As inflation in the UK slows and labor market data show signs of easing, the UK is likely to accelerate the pace of interest rate cuts. Given the rising uncertainty on multiple fronts, we believe that the Monetary Policy Committee will open the door to faster and even larger interest rate cuts in the coming months or quarters.
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.