Crypto Daybook Americas: Trump’s Fed Outburst Fails to Jolt Bitcoin

Santiment stated in a post that the main holders of Bitcoin are wallets holding 100000 to 10000 BTC, currently accounting for 67.77% of the total supply of cryptocurrency. During the market volatility in April, these wallets continued to increase their holdings, with over 53600 BTC added since March 22nd.

According to LedgerInsight, the Bank for International Settlements (BIS) released a paper this week exploring the financial stability risks of cryptocurrencies and decentralized finance (DeFi). Most central bank officials believe that cryptocurrency is too small in scale and self-contained, therefore it has not yet posed a financial stability risk. The report points out that the cryptocurrency market has reached a critical size, although it still believes that the connection between cryptocurrency and traditional finance (TradFi) is minimal. However, the issuance of Bitcoin ETFs, the expansion of stablecoins, and the tokenization of real-world assets (RWAs) are changing this situation. In the report, it is recommended to further study the role of DAO in governance, how it affects financial stability, and how regulatory agencies can participate in it. When outlining the operation of DeFi, the difference between DeFi protocols and applications is pointed out, with the latter typically having a user interface and "centralized vectors". In other words, dApps are potential regulatory touchpoints. At the same time, it is urgent to study the impact of RWA tokenization on financial stability, including the systemic risks of closer ties between DeFi and TradFi. In addition, stablecoins play a central role in DeFi, and their potential instability is an area that requires further analysis.

According to Foresight News, as revealed by @ trenddiver101, the Trump team plans to hold a private dinner for large holders of the TRUMP token and is currently building a related webpage with the domain name [trumpdinner. (gettrumpmemes. com)]

ABCDE co-founder Du Jun tweeted, "ABCDE has stopped investing in new projects and raising funds for the second phase, completely because I want to change my stance and rethink how to participate in the development of the industry. The team is great, and there are no issues with fundraising. The two cornerstone LPs have sufficient funds and are willing to continue supporting them. This is not a matter of funding or capability, but a choice of direction. To be frank, I am increasingly unable to agree with the current ecological atmosphere of the primary market: many projects are extremely short-sighted, only thinking about how to go online on the exchange as soon as possible, and often leaving behind a mess of chicken feathers. What is even more worrying is that some first tier funds not only fail to reflect on this, but also heavily promote their "listed projects" and short-term market value performance, without mentioning the value creation of the projects themselves, let alone whether these projects will survive healthily after listing. This is not a game I am willing to participate in, let alone the original intention of founding ABCDE. For me, such a job is a waste of time rather than creating value, and I neither lack nor want to earn this money. Next, I hope to invest my time and resources into things that truly drive industrial progress. Spend time, effort, and strategy, accompany a team with a sense of mission, and incubate enterprises that can truly bring long-term value to the industry and society. As a member of the industry, I believe we have a responsibility to promote the return of ecology to rationality and health, rather than being swept up by short-term games  

Odaily Planet Daily News: The Bank for International Settlements (BIS) has released a paper exploring the financial stability risks of cryptocurrencies and decentralized finance (DeFi), which points out that although it is widely believed that the connection between cryptocurrencies and traditional finance (TradFi) is minimal, with the issuance of Bitcoin ETFs, the expansion of stablecoins, and the continuous development of tokenization of real-world assets (RWA), the size of the cryptocurrency market has reached a critical point that triggers financial stability risks. In addition, the report from the Bank for International Settlements also pointed out that during market crises, small investors usually increase their exposure to cryptocurrencies, while "wealthy" investors withdraw, thus concluding that the cryptocurrency market has become a means of transferring wealth from the poor to the rich. The report from the Bank for International Settlements suggests that DeFi should implement regulatory requirements similar to TradFi, including "know your customer" compliance constraints, information disclosure, and adequate training and qualification certification for market professionals. （LedgerInsights）