ChainCatcher news, according to CoinMarketCap data, Bitcoin's current market capitalization is $2.05 trillion, with a daily increase of 3.61%. Its market cap is about twice the total market capitalization of China's four major banks.According to the latest market data, the total market capitalization of China's four major banks is approximately $1.035 trillion. (Industrial and Commercial Bank of China: $341.76 billion; China Construction Bank: $217.6 billion; Agricultural Bank of China: $262.4 billion; Bank of China: $213.76 billion)

ChainCatcher news, according to Jin10 data report, ECB board member Simkus stated that there is no core scenario for ECB interest rates, and it is necessary for the ECB to cut interest rates in June.

ChainCatcher news, according to Jinshi reports, the Bank of England has cut interest rates by 25 basis points, lowering the benchmark rate from 4.5% to 4.25%, marking the fourth rate cut in this round of easing, in line with market expectations.

ChainCatcher news, according to Bitcoin.com, the Central Bank of Bolivia, under the leadership of President Edwin Rojas Ulo, is designing a new cryptocurrency called "Virtual Boliviano," aimed at international settlements.It is reported that the proposal will be officially announced during the celebration of Bolivia's 200th Independence Day on August 6. To ensure the robustness of the design, the central bank is collaborating with international institutions and other central banks. Officials stated that the "Virtual Boliviano" is expected to modernize the payment system while helping to save foreign exchange reserves.

ChainCatcher news, according to Jin Shi reports, "Fed mouthpiece" Nick Timiraos stated that Powell downplayed any speculation about the Fed seeking to ease economic weakness caused by Trump's tariffs through interest rate cuts. Powell mentioned the word "wait" 22 times during the press conference to emphasize that the Fed is not in a hurry to act. This statement reveals the monetary policy divergence between the U.S. and other economies caused by Trump's trade policy, for the simple reason that other economies have not significantly raised tariffs on imported goods. The issues they face are soft demand and employment, but without the inflationary pressures that the Fed may have to deal with later this year.Moreover, since the U.S. economy has just gone through a period of high inflation, the Fed believes it cannot risk preemptively cutting interest rates to support slowing employment, lest it exacerbates price pressures in the short term. As a result, the Fed's stance differs from that of the European, Canadian, and British central banks. Powell hinted that the Fed would only cut rates if there is evidence of a significant slowdown in economic growth, and it could be a rapid rate cut.

ChainCatcher News, Bank of Japan Governor Kazuo Ueda: Concern about the impact of rising prices on core inflation.

ChainCatcher news, according to CoinDesk, the Office of the Comptroller of the Currency (OCC) continues to change its previous opposition to the application of cryptocurrencies in the banking industry, issuing an explanatory letter stating that banks can buy and sell the crypto assets they custody at the request of customers.The latest policy statement released by the OCC on Wednesday also clearly states that banks can outsource crypto business to third parties, including custody and execution services. As long as these activities meet the safety and soundness requirements of regulators, the OCC will grant banks more freedom in cryptocurrency.

ChainCatcher news, according to Cointelegraph, Standard Chartered predicts that BNB could more than double by the end of this year, reaching $1,275, and is expected to reach $2,775 by the end of 2028.

ChainCatcher News, on May 7, the Governor of the People's Bank of China, Pan Gongsheng, announced at a press conference held by the State Council Information Office that the reserve requirement ratio will be lowered by 0.5 percentage points and the policy interest rate will be reduced by 0.1 percentage points.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the U.S. Senate Banking Committee has voted to approve the nomination of Michelle Bowman as the next Vice Chair for Supervision at the Federal Reserve (13 to 11), and her nomination has now been submitted to the full Senate for consideration.It is reported that Michelle Bowman has expressed a more open attitude towards digital assets and their future in the financial system, and has urged state and federal governments to establish partnerships to jointly regulate stablecoins, while lawmakers are drafting related legislation.

ChainCatcher news, according to CoinDesk, Standard Chartered's Head of Asset Research Geoff Kendrick predicted in a research report released on Tuesday that the native token of BNB Chain, BNB, is expected to reach $2,775 by the end of 2028.The report noted that since May 2021, the price movement of BNB has closely aligned with an unweighted portfolio composed of Bitcoin and Ethereum, and this correlation is expected to continue. Kendrick anticipates that this relationship will persist, with BNB's price rising from the current approximately $600 to $2,775 by the end of 2028.Kendrick stated that as long as Binance remains one of the largest centralized exchanges (CEX), "the value drivers of BNB are unlikely to change quickly," which means the token has the potential to become a benchmark for digital assets. He pointed out that BNB Chain is almost entirely used for decentralized exchanges (DEX), lending protocols, and liquid staking, which means it is a "more centralized and 'traditional' smart contract platform compared to competitors like Ethereum and Avalanche."

ChainCatcher news, according to CoinDesk, global banking giant Citi has partnered with the digital asset division of Switzerland's major securities trading platform, SIX Digital Exchange (SDX), to tokenize privately held shares, aiming to simplify the $750 billion market that currently relies on PDF files and paper documents.Citi will act as the custodian and issuance agent, providing tokenized versions of late-stage, privately held company equity on SDX's regulated blockchain platform—the Central Securities Depository (CSD) platform.

ChainCatcher news, according to Bitcoin.com, the European Central Bank (ECB) has chosen the Ethereum privacy layer protocol COTI as a pilot partner for the digital euro, collaborating with institutions such as KPMG and Accenture to develop a CBDC technology solution set to launch in early 2026.COTI will utilize its proprietary Garbled Circuits encryption protocol to build core privacy features for the digital euro. Nearly 70 selected institutions are required to complete the technical verification of the conditional payment system before 2026.COTI CEO Shahaf Bar-Geffen stated that this is the second CBDC collaboration following the Israeli digital shekel project, focusing on how to embed privacy protection into the underlying architecture of the system. The European Central Bank will provide technical specifications support, such as APIs, to partners, and the pilot results will culminate in an evaluation report by the end of the year.

ChainCatcher news, according to Spazio Crypto, UAE real estate giant MAG has signed a $3 billion real asset tokenization (RWA) agreement with blockchain infrastructure company Mavryk, in partnership with Dubai financial derivatives institution MultiBank Group.According to the agreement, MAG's luxury real estate projects, including Dubai Riverfront, The Ritz-Carlton Residences, and Keturah Reserve, will be tokenized on the blockchain through MultiBank.io's compliant RWA market. MAG Senior Executive Vice President Talal Mofaq Al Ghaddah stated that these real estate assets will be issued as independent RWA tokens on the Mavryk blockchain.MultiBank will launch a native functional token MBG, which will provide features such as trading discounts and priority home purchasing rights within the ecosystem, and will adopt a deflationary buyback and burn model. The platform plans to expand its current asset scale from $3 billion to $10 billion.

ChainCatcher news, according to Crowdfund Insider, digital bank Revolut has rejected an investment proposal that valued the company at approximately $65 billion. Previously, in a secondary share sale in 2024, the company was valued at $45 billion.The report states that Revolut is expanding its business into the telecommunications industry and plans to launch its own mobile communication package service. The company has also introduced an employee incentive program called "Karma," which tracks and rewards employee performance through a points system.

ChainCatcher news, according to CoinDesk, Tether CEO Paolo Ardoino criticized the EU's stablecoin regulatory framework during an interview on the Less Noise More Signal podcast. This framework forces stablecoin companies like Tether to keep a significant portion of their reserves (up to 60%) in uninsured bank deposits. Due to the interplay of high-risk loans and new cryptocurrency regulations, Europe may soon face a wave of bank failures.Paolo Ardoino added that the European regulatory system is designed to assist banking institutions in the eurozone by providing more liquidity, but it has resulted in "huge systemic risks," as large European banks like UBS will not incorporate stablecoins into the banking system, ultimately forcing stablecoin issuers to choose smaller banks, thereby further exacerbating the risks.

ChainCatcher news, Tron founder Justin Sun stated on X that the First Digital Trust (FDT) and ARIA fraud case involves over $500 million in funds, with individuals including Christian Alexander Boehnke De Lorraine Elbouef, Vincent Chok, Yai Sukonthabhund, Matthew William Brittain, and Cecilia Teresa Brittain. The funds flowed through FDT and Legacy Trust in Hong Kong to banks in Dubai such as Mashreq Bank, ADIB, Emirates NBD, and EFG.He urged the Dubai government, regulatory authorities, and relevant banks to take immediate action to freeze suspicious fund flows and conduct internal reviews to prevent becoming a haven for financial crime.

ChainCatcher News, Bank of America stated that it is willing to issue its own stablecoin if Congress enacts relevant legislation.Bank of America is the second-largest lending institution in the United States, and its CEO Brian Moynihan has previously stated, "As long as legislation allows, we will enter the stablecoin business."

ChainCatcher news, the decentralized data value infrastructure CESS Network has officially signed a cooperation agreement with the internationally leading health data platform HealthBanks Biotech, assisting in the on-chain storage of data related to blood banks, stem cells, and immunotherapy. This collaboration will fully utilize CESS's decentralized data infrastructure to ensure high privacy, high availability, and long-term integrity for medical data.By integrating with CESS's multi-layer blockchain network architecture, HealthBanks will achieve decentralized storage, access, and sharing of its critical life sciences data, driving the digital health sector towards a more transparent, trustworthy, and compliant future. This also marks an important milestone for CESS in the field of medical health data management, laying a solid foundation for the large-scale application of decentralized technology in the life sciences industry.

ChainCatcher news, on May 1 at the TOKEN2049 Dubai conference, Huobi HTX global advisor and TRON founder Justin Sun engaged in a fireside chat with Eric Trump, son of Donald Trump, and Zach Witkoff, co-founder of the Trump family project WLFI (World Liberty Financial). Justin Sun stated that the high transparency of cryptocurrencies is crucial, as blockchain can record all transactions, which will replace the opaque operations of traditional banks. He also announced that TRON will collaborate with WLFI's decentralized stablecoin project USD1, aiming to extend financial freedom globally.Eric Trump pointed out that traditional finance has many issues such as privilege and inefficiency, while cryptocurrency is a tool for financial freedom that can help users break free from dependence on government or inflationary currencies. He emphasized that cryptocurrency will replace traditional banks. Currently, the Trump administration's supportive stance on cryptocurrency has sent positive signals, which will lead the crypto revolution.