⚡️ BlackRock discusses staking and options for crypto-ETFs with the SEC
🗣️ Representatives from BlackRock held a meeting with the SEC's crypto department, where they discussed:
🟠 the possible addition of staking to the structure of crypto-ETFs; 🟠 parameters for launching options on such funds; 🟠 conditions for position and liquidity limits; 🟠 general principles for approving new products in the digital asset space.
🗣️ Robert Mitchnik, head of the digital assets division at BlackRock, was present at the meeting. He previously emphasized that the implementation of staking for spot Ethereum-ETFs is an important step but will require solutions to several complex issues.
🗣️ The SEC continues active consultations with market participants as part of its updated approach to the crypto industry.
🗣️ In the near future, the regulator plans a new round table dedicated to the topic of tokenization.
🕯 In the past day, positions worth over $870 million have been liquidated — mostly shorts on BTC and Ethereum, which surged sharply: BTC — up to $104,000, ETH — up to $2,200.
↗️ The market capitalization of cryptocurrencies jumped by $235 billion — in one day.
📊 The Fear and Greed Index is already at 73 — a confident step into the 'extreme greed' zone. Investors are inspired. Or maybe, they are already overheated?
💬 Main points from Jerome Powell's speech: #green_lamp $BNB $SOL $ETH 🟠 The GDP decline in the first quarter is just "noise" in the statistics. 🟠 Inflation expectations are rising in the short term. 🟠 People blame tariffs for the rise in prices. 🟠 Consumer and business sentiment is declining. 🟠 If tariffs remain, both inflation and unemployment will be higher. 🟠 The Fed may face a conflict between its two goals. 🟠 The labor market is currently holding strong. 🟠 Without distortions in the data, the economy looks stable. 🟠 Rates may not be lowered until 2026 if inflation rises again. 🟠 "We do not see a real economic slowdown — everything is still moving along". 🟠 "Taxes for Trump, rates for us. Everyone should stew in their own pot". 🟠 "So far, there has been no tariff shock". 🟠 "If the labor market starts to crumble — we will intervene". 🟠 "Imports surged sharply before tariffs, but that is temporary. In the second quarter, exports will save GDP". 🟠 "GDP jumped — but that is not a reason to change course". 🟠 "We meet with presidents if they invite us. I don’t ask to meet".
🪙 BTC is climbing again — on May 7, the price broke $97,000, gaining +3% in 24 hours. 📈 Trading volume: $31.7 billion (+37%)
What is fueling the rally?
🟠 USA vs China — is there again a 'peace'? Rumors are circulating that Washington and Beijing are sitting down for negotiations. The US Treasury Secretary spoke of 'readiness for dialogue', and China nodded in response. The market has switched to risk-on mode, with crypto among the first.
🟠 The Fed is starting — all eyes on Powell It’s unlikely rates will be touched (95.6% for 'no changes'), but the tone of the Fed Chair today will be key. A little more dovish tone — and Bitcoin could soar higher.
🟠 Short positions — pain In a day, $84 million worth of short positions in BTC were wiped out. Long positions totaled only $15 million. This resembles the short squeeze at the end of March when the price jumped by 6%.
🟠 Technicals give green light BTC broke out of the range after a 'falling wedge' — a classic upward reversal pattern. Key levels have already been reclaimed, including the start of the year — $93K. Next on the path: $98K → $100,200.
⚠️ But don’t rush with the fireworks — a bearish divergence looms on the RSI.
📉 If BTC cannot hold $93K, there is a risk of sliding down to $90–87K.
📜 Republicans have rolled out a bill that finally divides powers between regulators:
— SEC will handle token sales, investments, and everything resembling securities — CFTC will control exchanges, brokers, and digital goods
⚙️ Inside, there are quite workable things: — Transparent registration of crypto companies — Strict KYC: where the money comes from, what assets there are, where and how they are stored — You can operate in a “transitional mode” — submit a notification and go ahead
🗣️ French Hill: “The law will ensure transparency and user protection. We already have support from both sides.”
⚡️ Interestingly: the text clearly states the right to hold crypto independently. ❌ No regulator can prohibit you from having your own wallet. This is the law.
🚀 SEC and CFTC will even establish their innovation offices. Apparently, they are preparing not only to regulate but also to understand what they are doing.
☝️ But not everything is so peaceful — Democrats in the Senate have already criticized GENIUS (another crypto law), saying there are too many loopholes and political undertones.
🔥 In general, the battle for crypto in Washington is just beginning.
💬 Arthur Hayes: "Bitcoin bros in clubs — that's why the USA won't be buying BTC"
🗣️ The co-founder of BitMEX doubts that the US government will start buying Bitcoin en masse, even if the asset becomes strategic.
🗣️ "America is a country of scarcity. They can only not sell the already confiscated ~200,000 BTC. But printing dollars to buy Bitcoin — no politician would agree to that," says Hayes.
🗣️ The reason is the image of Bitcoin bros in nightclubs. This is still how society associates crypto, and politicians do not want to be associated with such a narrative.
ℹ️ As of today, the USA owns over 198,000 BTC (~$18 billion) — mainly through confiscations (Silk Road, Bitfinex, etc.). But new purchases are unlikely.
🕯 Regarding the market: Hayes believes that the scenario "Bitcoin → alt-season" will remain as in 2021.
🗣️ Other analysts are already doubting that BTC dominance will return to 70% — the market has changed.
🇪🇺 The EU will ban anonymous crypto wallets and private coins starting in 2027
🖥 The European Union has approved new rules to combat money laundering (AMLR), which will prohibit the use of anonymous accounts and private tokens starting in 2027 — including Monero (XMR) and Zcash (ZEC).
📜 According to Article 79 of the AMLR, crypto services and financial organizations are prohibited from: 🟠 opening or servicing anonymous accounts, 🟠 working with crypto assets that provide complete anonymity of transactions.
🗣️ The new rules also introduce: 🟠 mandatory customer verification for transactions over €1000, 🟠 direct AMLA oversight of CASP platforms operating in six or more EU countries, 🟠 selection of 40 companies for enhanced scrutiny starting in July 2027.
⚖️ These regulations are a continuation of MiCA and the entire AML package, aimed at minimizing the risks of cryptocurrency abuse in money laundering schemes.
#green_lamp 👀 Warming relations between the USA and China?
🖥 Bloomberg reports: Beijing has officially confirmed that it is considering the possibility of negotiations with the USA regarding tariffs.
🗣️ This is the first signal for dialogue since Trump raised tariffs to the ceiling. According to China, Washington has repeatedly hinted at a willingness to discuss — now the ball is in Beijing's court.
📈 Markets immediately perked up: — Hang Seng China Enterprises index +1%, — yuan and Australian dollar — up, — analysts are calling this news "the first rain after a long drought."
🗣️ But there is still a long way to go before agreements. Beijing wants to see a specific representative from the USA, and with Trump's approval.
⏳ The longer the pause, the higher the risk of isolation: India and Japan already have deals with the USA, while China is currently left out.
#green_lamp Сколько стоит добыть 1 BTC в разных странах?
После халвинга стоимость майнинга одного биткоина взлетела, и теперь эта игра подходит далеко не всем.
🔹 Вот как сейчас выглядят затраты: — Россия — ~$20 000 — Украина — ~$42 000 — США — $107 000 — Германия — $270 000 — Италия — $306 000
Для сравнения, в бедных, но «дешёвых» регионах: — Эфиопия — $2 000 — Судан и Куба — до $4 000
🗣️ Но есть нюанс: дешёвая розетка — это ещё не повод собирать риг. В некоторых из этих стран майнинг под запретом, а где-то просто нет оборудования и нужного хешрейта.
⚡️ Сегодня майнинг — это не про «воткнул в сеть и греби профит», а про капиталы, доступ к инфраструктуре и юрисдикции с адекватными законами.
Binance regularly delists coins that are not in demand. And since delisting from the top-1 exchange is the most negative news, projects often get rolled over. But the situation with the ALPACA coin has developed a little differently.
Almost immediately after the delisting announcement, the coin started to rise, which can be explained by the liquidation of short sellers who wanted to profit from this event. But the standard long squeeze turned into some insane pump of 3000%.
And of course, the gamblers are here as well. For the second day in a row, I watch on different channels how people are getting liquidated on these swings. Someone is down $200k, someone $300k... Some are left without deposits altogether...
Time passes, and people learn nothing. Always, I repeat, ALWAYS trading futures without stop losses will bring you losses. You may make money for a while, but at some point, everything will turn against you. So remember risk management, know when to stop, and always set stop losses.
And focus on spot trading. Over a couple of years, this will bring you much more profit than gambling on such "topics". Yes, it's slower, yes, it lacks those emotions. #Green_lamp $ETH
⚡️ Weak labor market in the USA — an opportunity for Bitcoin growth
📊 The latest JOLTS report showed the lowest number of job openings in 4 years — 7.2 million instead of the expected 7.5 million.
🗣️ Meanwhile, the consumer confidence index from CB is declining — already for the fifth consecutive month.
🟠 At first glance — alarming signals indicating a weakening economy. But for crypto, this has often meant the beginning of a new growth phase.
🟠 Historically, periods of declining activity in the labor market and consumer sector have preceded BTC growth — in 2020, 2023, and 2024, after phases of 'calm' (from 105 to 130 days), the market consistently moved upward.
🟠 If history repeats itself and the macroeconomy starts turning positive from mid-2025, the market has chances to fight for a new ATH by October.
🟠 But everything still depends on the Fed and the global backdrop: rates, balance, geopolitics — the main puzzles for the future battle.
🔹 Ethereum targets $2,000 — more and more reasons for growth
🕯 ETH is back in the spotlight: the price updated a local maximum at $1,860 — this is the peak since April 2. Although there was a pullback afterward, the market looks like it is preparing for a new impulse.
✔️ Here’s what fuels the bullish sentiment: 🟠 ETF optimism is returning: from April 19 to 28, $215+ million flowed into Ethereum funds — the largest inflow in two months. 🟠 Institutions are waking up: CoinShares reports that traditional investors are starting to see ETH as a safe haven — against the backdrop of a weak dollar and trading risks. 🟠 On-chain metrics are glowing: ETH is leading among L1 — TVL increased by +16% over the week, volumes on DEX — +30%. Aave, Lido, EigenLayer, Ether.fi have become more active. 🟠 Technical analysis supports the bulls: a bull flag is forming on the 4H chart, the target is $2,100. RSI remains above 60, hinting at continued growth.
🗣️ Resistance around $1,800 has already been broken — if the price consolidates above, this could trigger a new uptrend.
🗣️ In the short term, there is potential for growth up to $97,000, but the overbought stochastic RSI hints at the risk of a correction:
possible retest of $91,800,
in case of increased pressure — pullback to $88,000.
Additional volatility may be caused by macro data: 🟠 On April 30, reports on US GDP, employment, and the PCE index will be released. 🟠 Expectations for rate cuts by the Fed are met with rhetoric about maintaining a tight monetary policy.
🕯 The background is tense:
The S&P 500 is swinging by 2% almost every week — maximum volatility since 2022.
🗣️ The coming days will be critical: they could set the direction not only for Bitcoin but for the entire group of risky assets.
🗣️ Get ready: it’s getting hot in the markets again.
⚡️ BlackRock already controls almost 3% of the total Bitcoin supply
🗣️ According to Arkham Intelligence, through its spot Bitcoin ETF, BlackRock holds 2.77% of all BTC in circulation, which is over 582,000 coins worth about $56 billion.
🗣️ Important: BlackRock manages client assets, rather than buying bitcoins for its own balance. But the scale is impressive.
🔹 Just this week, the fund poured another $1.2 billion into Bitcoin. 🔹 On Wednesday, a record daily inflow of $643 million was recorded in one day (the highest in the last 13 weeks).
🗣️ Against the backdrop of almost $12 trillion in assets under management by BlackRock, these $56 billion in BTC look like a drop in the ocean. But the trend itself speaks louder than any numbers: big money is increasingly entering Bitcoin.
💬 Michael Saylor is confident: IBIT from BlackRock could become the largest ETF in the world within the next 10 years.
🗣️ Pressure on fiat is growing:
Larry Fink, CEO of BlackRock, stated directly: if the U.S. does not implement financial reforms, they risk losing their status as the world's reserve center in favor of digital assets.
He emphasized: Bitcoin and decentralized finance make markets more efficient and simultaneously challenge the dollar.
#Green_lamp 🗣️ Conclusion? Bitcoin is firmly establishing itself in the portfolios of the largest players.$BTC
Bitcoin companies are accelerating hyperbitcoinization — at stake $200 trillion
🗣️ Corporations that already hold Bitcoin on their balance sheets are acting more aggressively than governments and banks. They are playing ahead and betting on a scenario where BTC becomes the new world reserve currency.
💬 Co-founder of Blockstream Adam Back sees this as 'the arbitration of the future': the gap between the fiat economy and the potential of Bitcoin is the perfect entry point for major players.