Today's Hot Events in the Crypto World (May 7, 2025)
1. The People's Bank of China announces interest rate cuts and reserve requirement ratio reductions.
The People's Bank of China announced a reduction in the reserve requirement ratio by 0.5 percentage points, releasing about 1 trillion yuan in liquidity, and lowered the policy interest rate by 0.1 percentage points, while introducing multiple structural monetary policy tools to support technological innovation, consumption, and the pension sector. This move may enhance market liquidity, indirectly benefiting crypto assets and other risk investments.
2. Futu Securities launches cryptocurrency deposit and withdrawal services.
Futu Securities officially supports deposits and withdrawals of Bitcoin (BTC), Ethereum (ETH), and USDT, allowing users to quickly switch between crypto assets and traditional financial assets (such as stocks and bonds) on its platform. In the future, it will support more mainstream cryptocurrencies to further bridge the channels between crypto and traditional asset allocation.
$BTC Japanese listed company Metaplanet increases holdings by 555 BTC
Metaplanet announced the purchase of 555 bitcoins at an average price of approximately $89,000, bringing its total holdings to 5,555 BTC (approximately $465 million), continuing to advance its 'Bitcoin financial strategy', demonstrating institutional confidence in the long-term value of BTC.
The US Senate will vote today on the "GENIUS Stablecoin Bill," which requires stablecoins to be fully backed by assets such as the US dollar and government bonds. If passed, it will have a profound impact on the US stablecoin market, but bipartisan disagreements may increase the difficulty of passing the bill.
A comprehensive overview of hot events in the crypto circle on May 6, 2025
1. Regulatory and policy dynamics
1. U.S. (Digital Asset Market Structure Bill) draft released The U.S. House of Representatives is set to release the draft of the bill today, aimed at clarifying the regulatory framework for digital assets, delineating the responsibilities of the CFTC and SEC, and regulating stablecoins, DeFi, and self-custody rights. This bill could become a significant catalyst for market volatility.
2. Florida withdraws Bitcoin strategic reserve bill The Florida Senate announced the withdrawal of two cryptocurrency bills (HB 487 and SB 550), and previously, the Arizona governor vetoed a proposal to invest public funds in cryptocurrencies, indicating a conservative local policy toward crypto assets.
Bitcoin ETF continues to attract funds On May 5, there was a net inflow of 7,887 BTC (approximately $742 million) in a single day, with BlackRock's iShares accounting for 6,954 BTC. Institutional investor Strategy recently invested $180 million to increase their Bitcoin holdings, bringing their total to 555,000 BTC.
Ethereum ETF fund inflow increases The Ethereum ETF saw a net inflow of 10,619 ETH (approximately $19.2 million) in a single day, with BlackRock's iShares being the main contributor, indicating a recovery in institutional confidence in ETH.
#美联储FOMC会议 Florida Withdraws Bitcoin Strategic Reserve Bill The Florida Senate has announced the withdrawal of two cryptocurrency bills (HB 487 and SB 550), following the veto by the Governor of Arizona on a proposal to invest public funds in cryptocurrency, reflecting a conservative attitude towards crypto assets at the local policy level.
#美国众议院市场结构讨论草案 1. Release of the U.S. "Digital Asset Market Structure Bill" The U.S. House of Representatives will release the discussion draft of the bill today, aimed at clarifying the regulatory framework for digital assets, delineating the responsibilities of the CFTC and SEC, and regulating stablecoins, DeFi, and self-custody rights. This bill could become an important catalyst for market volatility.
#美国众议院市场结构讨论草案 1. Release of the U.S. "Digital Asset Market Structure Bill" Draft The U.S. House of Representatives will publish a discussion draft of the bill today, aiming to clarify the regulatory framework for digital assets, delineate the responsibilities of the CFTC and SEC, and regulate stablecoins, DeFi, and self-custody rights. This bill could become an important catalyst for market volatility.
Today's Hot News and Market Analysis in the Cryptocurrency World (April 30, 2025)
1. Overview of Hot News 1. Bitcoin saw its largest April increase in four years, highlighting its safe-haven attribute. Bitcoin has increased by about 12% this month, significantly outperforming gold's 6.1%, becoming a safe-haven choice during turbulent market periods (such as U.S. tariffs). Standard Chartered believes that Bitcoin's decentralized nature may give it a superior ability to hedge financial risks compared to gold. Institutional funds continue to flow into Bitcoin spot ETFs (with a net inflow of $2.9 billion in April). If the monthly closing is within the range of $93,300-$96,500, it will consolidate the current support level and lay the foundation for future upward movements.
2. The impact of Trump's tariff policy and the Federal Reserve's policy game on the market.
#SEC推迟多个现货ETF审批 DEX and leverage trading heat up, XBIT predicts BTC may rise to $200,000 The trading volume of decentralized exchanges (DEX) surged by 47% in one week under the impact of tariffs. The XBIT platform has become a safe haven due to its zero liquidity pool design and multi-signature cold wallet solution. XBIT predicts that Bitcoin may exceed $200,000 in 2025, but the risks of high-leverage trading have intensified, with a total liquidation of $275 million across the network in the past 24 hours, and the phenomenon of double liquidation for both long and short positions is significant.
#特朗普就职百日 Trump's Tariff Policy and Federal Reserve Policy Game Affecting the Market The increase in tariffs by the United States caused short-term market fluctuations, with Bitcoin briefly dropping to $74,460, but then rebounding above $95,000. The market is focused on the upcoming release of the United States' first quarter GDP and PCE data. If the economic data is weak, it may boost expectations for a Federal Reserve rate cut, and Bitcoin may benefit from loose policies in the medium term.
The Bitcoin price increase in April reached a four-year high of 21,325,421,657, highlighting its safe-haven attributes. Bitcoin has risen approximately 12% this month, far exceeding gold's 6.1%, becoming a safe-haven choice during market turbulence (such as the U.S. imposing tariffs). Standard Chartered Bank believes that Bitcoin's decentralized nature may make it better at hedging financial risks than gold, with institutional funds continuously flowing into Bitcoin spot ETFs (a net inflow of $2.9 billion in April). If the monthly close is within the range of $93,300 to $96,500, it will solidify the current support level and lay the foundation for subsequent increases.
Summary of Hot News in the Cryptocurrency Circle on April 29, 2025
1. Bitcoin breaks $95,000, over 110,000 liquidations in 24 hours Price Dynamics: Bitcoin broke the $95,000 mark this morning, reaching a high of $95,000, currently quoted at around $94,835 - $94,861, with a 24-hour increase of 1.44%. Mainstream coins like Ethereum, Ripple (XRP), and Dogecoin are also rising. Liquidation Data: Due to extreme volatility, over 110,000 people in the cryptocurrency market were liquidated in the last 24 hours, with total liquidations amounting to $275 million (approximately 2 billion RMB), including $170 million in long liquidations and $110 million in short liquidations.
#空投操作全指南 Risks and Market Concerns Policy Uncertainty: The EU's Markets in Crypto-Assets Regulation (MiCA) will come into effect at the end of 2024, which may cause short-term impacts on liquidity. Technical Risks: Vulnerabilities in smart contracts and exchange security issues still exist. For example, the QuantMaster project suffered losses of hundreds of thousands of dollars due to an employee embedding malicious code.
#空投发现指南 Other Important Developments Regulation and Compliance: U.S. Senator Elizabeth Warren has called for an investigation into the meme coin TRUMP launched by Trump, questioning its potential violation of the Federal Bribery Act. The U.S. Congress plans to advance legislation on stablecoin and digital asset market structure before August, with related hearings scheduled for May 6. Industry Progress: Cambridge University Report: The proportion of sustainable energy used in Bitcoin mining has increased to 52.4%, with natural gas replacing coal as the largest energy source. Abu Dhabi Sovereign Fund: In collaboration with multiple institutions, plans to launch a Dirham-backed central bank regulated stablecoin, further expanding cryptocurrency application scenarios. BlackRock IBIT ETF: Bitcoin holdings reach 573,000 coins, narrowing the gap with competitor Strategy to 20,000 coins.
#阿布扎比稳定币 Institution Predicts Bitcoin May Reach $200,000 in 2025 Standard Chartered Bank: Predicts Bitcoin will rise to $120,000 in the second quarter of 2025 and hit $200,000 by the end of the year, driven mainly by U.S. investors' demand for 'de-dollarization' and the enhanced safe-haven properties of Bitcoin. Matrixport: Points out that the liquidity in the crypto market is improving, and if the trend continues, Bitcoin may break through the $100,000 mark in the coming months. Technical Analysis: 10x Research believes that Bitcoin faces resistance around $94,000-$95,000, and may undergo short-term consolidation before breaking through $100,000.
#亚利桑那比特币储备 Arizona, USA Passes Bitcoin Reserve Bill Policy Breakthrough: The Arizona House of Representatives passed two bills (SB 1025 and SB 1373) allowing the state treasury and pension systems to invest up to 10% of available funds in digital assets such as Bitcoin, becoming the first state in the nation to promote the allocation of public funds to cryptocurrency. The bill has been submitted for the governor's signature, and if enacted, it may inspire other states to follow suit. Potential Impact: This move could bring billions of dollars in institutional capital into Bitcoin, further solidifying its status as 'digital gold.' States like Missouri and Texas are also exploring similar legislation.
Bitcoin breaks $95,000, over 110,000 people liquidated in 24 hours - Price Dynamics: Bitcoin broke the $95,000 mark this morning, reaching a high of $95,000, with the current quote around $94,835-$94,861, a 24-hour increase of 1.44%. Mainstream cryptocurrencies such as Ethereum, Ripple (XRP), and Dogecoin have also risen simultaneously. Liquidation Data: Due to severe volatility, over 110,000 people have been forcibly liquidated in the cryptocurrency market in the past 24 hours, with a total liquidation amount of $275 million (approximately 2 billion RMB), including $170 million in long position liquidations and $110 million in short position liquidations. Leverage Risk: The current average leverage ratio for Bitcoin futures contracts exceeds 20 times, and price fluctuations exceeding 5% may trigger large-scale liquidations. Experts warn that high leverage and high volatility are the main risks in the market.