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What is DeFi? Introduction & Opportunities Introduction: The Problem with Traditional Finance Traditional banks and financial institutions often come with slow processes, high fees, and limited access for many people worldwide. DeFi (Decentralized Finance) offers a modern solution — fast, open, and transparent financial services for everyone. What is DeFi? (Simple Definition) DeFi stands for Decentralized Finance — financial services built on blockchain technology that don’t rely on banks. Instead, smart contracts automate transactions, giving you full control of your money. Core DeFi Concepts DEXs (Decentralized Exchanges): Trade crypto directly with others. Example: Uniswap. Lending: Lend or borrow crypto assets. Example: Aave. Staking: Lock up crypto to earn rewards. Yield Farming: Maximize earnings by moving funds between different DeFi projects. Key Platforms to Know Uniswap: Easy crypto swapping. Aave: Earn interest or take crypto loans. Curve Finance: Best for stablecoin trading with low fees. Benefits of DeFi Access: No bank needed, just a crypto wallet. Control: Full ownership of your funds. Transparency: All transactions are visible on the blockchain. Risks in DeFi Smart Contract Bugs: Bad code can be hacked. Impermanent Loss: Providing liquidity can sometimes lose you money. Scams: Always research before investing.

Caitlin Long, the CEO of Custodia Bank, said the Federal Reserve tricked the public by pretending to ease up on crypto rules but actually keeping the most important anti-crypto restriction alive. Caitlin posted a detailed thread on X Sunday explaining that while the Fed made noise about scrapping four pieces of anti-crypto guidance, it left one major piece in place. This surviving policy, she said, was issued alongside the Biden White House’s anti-crypto statement back on January 27, 2023, and it still blocks banks from touching crypto in any real way. Caitlin said the guidance left untouched does three main things. First, it blocks banks from holding cryptoassets as principal, meaning they can’t even pay a small gas fee. Second, it stops banks from issuing stablecoins on permissionless blockchains. Third, it keeps a clear preference for permissioned blockchains — ones controlled by big banks — even though the OCC and FDIC dropped that idea. Caitlin said, “The Fed has maintained a regulatory preference for permissioned stablecoins,” warning that this creates a first-mover advantage for big banks’ private stablecoins before the broader stablecoin bill becomes law. Fed favors big banks while stifling crypto custody Caitlin said the Fed’s refusal to let banks deal with crypto directly has bigger consequences than most realize. Not only does it block Wall Street banks from making markets in major tokens like BTC, ETH, and SOL, but it also screws over banks trying to offer crypto custody. Caitlin explained that crypto custodians usually need to estimate gas fees ahead of time. If the estimate is too low because network fees spiked, the transaction would fail. In the current setup, a bank acting as a custodian can’t pay the missing amount, which would force the transaction to die. This issue grows even messier because custodians often split up large crypto holdings into smaller pieces to manage risk better. Every split means new on-chain transactions and more gas fees. Caitlin said that since banks can’t pay those fees directly, the whole process becomes too risky, discouraging them from offering crypto custody services at all. In short, the Fed threw sand into the gears for banks looking to seriously work with crypto. Caitlin summed it up by saying the Fed effectively handed big banks a head start in launching permissioned stablecoins while making it harder for others to catch up once the stablecoin market fully opens. She added that this maneuver gives Wall Street giants an advantage now, before Congress passes the stablecoin law that would remove the Fed’s preference for permissioned systems. Fed hides real actions while White House cheers Caitlin criticized the Fed’s public relations stunt. She said the Fed made a big deal about all the rules it rolled back but never mentioned the critical one it kept. “The Fed definitely won on PR spin,” she wrote, adding that even smart people got fooled. She warned that now that people know the truth, they should be furious. She said the White House praised the Fed’s actions, clearly unaware—or pretending to be—that the worst policy stayed. Caitlin said this raises questions about what the White House expected from the Fed, what the Fed promised, and how the relationship between the two might be shifting. She said most media outlets have talked about brewing fights over interest rates, but almost nobody is covering the growing tension over bank regulation. Cynthia Lummis, the head of the Senate Banking Committee’s Digital Assets Subcommittee, was not tricked. She called the Fed’s move “lip service” and made it clear she wasn’t buying the act. Cynthia, who has serious power over digital asset rules in the Senate, could take steps to fix what she called a “deceptive maneuver.” In her own post on X, Cynthia added, “Unlike the OCC and FDIC, the Fed STILL uses reputation risk in bank supervision.” She also said that the same Fed staffers who pushed Operation Chokepoint 2.0, the infamous Biden-era effort to pressure banks away from controversial industries, are still the ones handling crypto policy today.

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Bitcoin Weekly Update – 28.04.25 to 04.05.25 HTF: We’ve got a weekly close above the PSH local range highs, solid sign of a potential trend shift. That said, a sharp nuke into the 72k zone is still on the table. I’m planning to catch longs on retracements, with particular interest in the 8D level, which holds some refined odds. Orderflow and overall structure don’t currently suggest we’ll sweep that level before making a push toward the 100k region, but markets love surprises. I’m staying ready. MTF/LTF: This grinding structure into resistance, combined with the bad sentiment and a lot of sidelined participants, is my main reason for expecting an impulse higher before any major retracement. I’m willing to risk around 1% at the long level. For the short, I’ll wait for clear Orderflow confirmation and signs of weakening momentum into the area. Right now, sellers are getting absorbed, if that continues near 100k, I might reduce or skip the short altogether. Still, it’s more likely I’ll put on some risk either way, just to stay hedged. Orderflow / Sentiment: If sentiment flips hard around the 100k area, I’ll likely take some spot gains off the table. If sentiment stays mixed or bearish, I’ll leave spot untouched and instead look to short those levels. Right now, most people are either sidelined, bearish, or plain desperate. That’s typically fuel for more upside. Still, two things keep me curious and cautious: The persistent bullish crypto news and the key 72k level below. Sentiment remains in the gutter, so I’ll try to ride the momentum as long as the wall of worry holds, until fear of missing out brings the crowd back in. Outlook: BVOL24h is sitting at support. We’ve got April 29 this week, a date MT pointed toward.

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