Reincarnation Community News on May 7

Key News Analysis

1. 【BlackRock Increases Holdings by 5,613 BTC】(Importance: 35%)

Content: BlackRock's IBIT ETF increased its holdings by 5,613 BTC (worth $529 million) in a single day, bringing its total holdings to over 620,000 BTC, with an accumulated increase of 47,000 BTC since April 21.

Analysis: Institutional investors' continuous accumulation has reinforced the consensus on the 'structural bottom' at $95,000, but caution is needed regarding short-term overbought risks. BlackRock's current holding cost is approximately $94,000, with a short-term target potentially aiming at the psychological barrier of $100,000.

2. 【Federal Reserve May Delay Rate Cuts to Address Inflation】(Importance: 30%)

Content: Federal Reserve officials hinted that they may delay interest rate cuts due to Trump's tariff policies, emphasizing the need to see actual employment data before taking action. Market expectations for today's FOMC meeting maintaining interest rates stand at 94%, but Powell's remarks may release hawkish signals.

Analysis: If the Federal Reserve emphasizes 'persistent inflation,' it could trigger a BTC pullback to the support level of $95,000; if unexpected clues for rate cuts are released, it could push BTC to break through $100,000.

3. 【U.S. Cryptocurrency Regulatory Hearing Stalemate】(Importance: 20%)

Content: House Democrats boycott the cryptocurrency hearing, questioning the Trump family's conflict of interest, while Republicans plan to advance the 'Cryptocurrency Market Regulatory Framework Draft' to clarify the division of responsibilities between CFTC and SEC.

Analysis: Regulatory uncertainty is temporarily suppressing market sentiment, but the bipartisan struggle may actually delay the introduction of strict policies, benefiting the compliance process in the medium term.

4. 【New Hampshire Opens Bitcoin Investment】(Importance: 10%)

Content: The state has passed a bill allowing pension funds and other institutions to allocate Bitcoin, becoming the 9th crypto-friendly state in the U.S.

Analysis: Local policy breakthroughs may trigger a 'state-level competition,' but the scale is limited and has a small impact on funding.

5. 【Thumzup Plans to Raise $500 Million to Purchase BTC】(Importance: 5%)

Content: The Nasdaq-listed company plans to convert 90% of its liquid assets into BTC, currently holding only 19 coins.

Analysis: Micro-enterprises following suit may not become a trend, but it reflects the rising FOMO sentiment in the market.