wealth

According to Crowdfund Insider, digital bank Revolut announced that its trading division, Revolut Trading Ltd, has received an extension of permissions approved by the UK's Financial Conduct Authority (FCA) to launch more comprehensive investment and wealth management services in the UK market.Under the newly approved Variation of Permissions (VoP) license, Revolut can now manage investment portfolios for clients and participate in certain transactions as a principal. This means that the platform will be able to offer leveraged investment products, professionally managed portfolios, and customized wealth management services for high-net-worth users in the future, all of which will be integrated into its mobile application, alongside everyday banking and payment tools.It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools, continuing its transformation into a "one-stop financial platform." Earlier this year, Revolut officially obtained a full banking license in the UK. Analysts believe that the FCA's approval indicates an increase in its maturity as a regulated financial institution, while also reflecting that fintech companies are accelerating their competition with traditional banks and wealth management institutions.

According to Jin Shi reports, Carol Kong, a foreign exchange strategist at the Commonwealth Bank of Australia, stated that the inflation data released this week will not be welcomed by FOMC officials, including the incoming Federal Reserve Chairman Waller. The U.S. Senate has approved Waller to serve as the Federal Reserve Chairman. Kong expects that the FOMC will have to enter a rate hike cycle starting in December this year, with three rate increases expected during this cycle.

Gate released the private wealth management report for April 2026. The report indicates that the overall cryptocurrency market is showing a strong fluctuation due to the continuous inflow of ETF funds and expectations of interest rate cuts. In April, BTC and ETH rose approximately 11.9% and 7.3%, respectively. Among them, the net inflow of BTC ETF reached $2.44 billion in a single month, setting a new high in nearly six months, and the total management scale surpassed $100 billion for the first time, indicating a significant rebound in market risk appetite.In terms of product performance, the overall annualized return of Gate's private wealth USDT strategy is approximately 5.6%, continuing its steady performance. The "Interstellar Hedge (USDT)" has achieved a cumulative return of 18.2%, with all 22 cycles generating positive returns, achieving a win rate of 100%; the "Star Core Intelligent Investment (USDT)" has reached a maximum return rate of 9.5% in the past year; the "Gravitational Hedge (USDT)" has maintained a win rate of 100% for two consecutive years, with a maximum drawdown of only 0.01%, demonstrating outstanding risk control capability. Overall, the historical maximum drawdown of each strategy is generally controlled within 0.9%.Looking ahead, the report points out that the BTC RHODL ratio has risen to 4.5, the third highest level in history, while exchange reserves have fallen to a seven-year low, indicating an enhanced trend of long-term holding and continued supply contraction, with a generally optimistic outlook for the medium to long-term market.

According to Jinshi News, Sarah Hammoud, a foreign exchange strategist at the Commonwealth Bank of Australia, stated that the risk is that U.S. core inflation may be higher than the market consensus due to the spillover effects of energy prices on other prices such as airfare and food. If U.S. core inflation is higher than expected, it will push up U.S. yields and the dollar exchange rate. The market generally expects that the CPI data will reinforce expectations that the Federal Reserve will maintain interest rates unchanged in the short term, and traders have ruled out the possibility of rate cuts this year.

Bitget launches VIP exclusive ETH wealth management, aimed at VIP users participating in CC PoolX from May 6, 18:00 to May 10, 18:00 (UTC+8). During the event, relevant users can go to the "Easy Coin Earning" section to purchase ETH, enjoying a maximum of 5% APR. The participation period is from May 10, 18:00 to May 15, 18:00 (UTC+8).At the same time, Bitget will allocate a total of 100 NVDAON rewards to VIP users who meet specific trading thresholds based on the deposit time, amount, and holding duration of ETH. For more details, please refer to the Bitget official platform.

Bitget launches VIP exclusive BTC wealth management, aimed at VIP users participating in UMXM PoolX from May 6, 18:00 to May 9, 18:00 (UTC+8). During the event, relevant users can go to the "Simple Earn" section to purchase BTC, enjoying up to 2% APR. The event period is from May 9, 18:00 to May 14, 18:00 (UTC+8).At the same time, Bitget will allocate a total of 100 NVDAON rewards to VIP users who meet specific trading thresholds based on the BTC deposit time, amount, and holding duration. For more details, please refer to the Bitget official platform.

Bitwise CEO Hunter Horsley stated at the Consensus 2026 conference: The market declined in the fourth quarter of last year, and the first quarter of this year also saw a drop. However, the inflow of funds from the U.S. wealth management channel reached the highest record for any quarter in the past eight years. In other words, for financial advisors in the wealth channel, the first quarter of this year was their best quarter for investing in these products. Therefore, when the market fell, they chose to buy the dip.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the Federal Reserve needs to be cautious of current economic behaviors that seem to be based on future "rich returns," such as consumption driven by the wealth effect or local markets overheating due to investments in data centers.

On-chain detective ZachXBT tweeted that the DSJ Exchange (DSJEX) and the BG Wealth Sharing Ponzi scheme collapsed last week, with a total amount involved exceeding $150 million. The scheme had been operating since 2025, luring victims with high returns of 1.3%-2.6% daily. Between April 27 and May 3, criminals transferred and laundered over $92 million across chains to cover their tracks.ZachXBT stated that it had assisted Tether, Binance security teams, OKX, and U.S. law enforcement, and has currently frozen over $41.5 million in funds, including a single freeze of $38.4 million USDT on the TRON chain by Tether on May 4. ZachXBT warns that such scams primarily target ordinary retail investors, and victims should report to local police in a timely manner.

Bitcoin News posted on the X platform that Eric Trump increased his personal wealth from approximately $190 million to $280 million through American Bitcoin.Meanwhile, the company's stock price, after significant dilution, has fallen about 92% from its peak, resulting in a loss of approximately $500 million for public investors.

Binance will launch Chip (CHIP) on April 21, 2026, at 21:30. Binance Wealth Management will open the CHIP principal-protected earning product for subscription; users can purchase CHIP using credit cards, debit cards, etc., through one-click buy. The instant exchange trading platform will support CHIP exchanges for BTC, USDT, and other tokens; VIP borrowing will launch CHIP as a borrowable asset. Binance Futures will launch the CHIPUSDT perpetual contract, with a maximum leverage of up to 50 times.

Sharon Yeshaya, Chief Financial Officer of Morgan Stanley, stated that tokenization and on-chain finance will become key evolutionary directions for its wealth management business.The company is envisioning a "tokenized world," where customer assets and liabilities can flow as efficiently as funds through blockchain infrastructure, thereby reshaping asset allocation, lending, and cash management methods. Unlike viewing cryptocurrency as a standalone business, Morgan Stanley plans to embed on-chain capabilities into its core service system, including investment advisory, financing, and liquidity management, to drive an overall upgrade of the financial architecture. This strategy has been gradually implemented through digital asset pilots with ZeroHash and products like Bitcoin ETFs. Although the current share of cryptocurrency business in the overall system is still small, its position in the future wealth management system is rapidly increasing.

Gate released its latest transparency report, with a simultaneous strengthening of its financial management and security systems. Against the backdrop of market fluctuations, Yu Bi Bao and on-chain earnings have achieved dual growth in user and fund scale, with on-chain earnings holding 3,084 BTC and 175,700 ETH, both reaching historical highs; the ETF business's trading volume in March exceeded 18 billion USDT, with continuous improvement in ecological participation.In terms of security and transparency, the platform's latest overall reserve coverage rate reached 122%, with a BTC reserve rate as high as 147%, and various assets maintaining excess reserves, further enhancing risk resistance capabilities. Additionally, in the RootData exchange transparency ranking, Gate ranked second globally, with its comprehensive strength continuously validated by the market. Furthermore, Gate continues to expand its global influence, partnering with the F1 Red Bull Racing team to host an F1 Japan Grand Prix viewing event in March, deepening brand connections and user engagement through high-profile collaborations. Gate has formed a synergistic effect in the growth of financial management scale, continuous improvement in transparency, and global brand expansion, further consolidating its leading position in the industry.

X product head and Solana ecosystem advisor Nikita Bier stated, "X has always been the best source for traders and investors to obtain financial information. Every day, billions of dollars are allocated based on what people see on their timelines. We have launched a brand new Cashtags feature on the iPhone in the US and Canada, bringing real-time financial data directly into X. Here’s how it works: · When you search for or post a Cashtag (or contract address), X will automatically recommend matching stocks or crypto tokens for you to select target assets. · By clicking any Cashtag, users can view related discussion threads and the price chart of that asset—without leaving the X platform. This feature ensures that users can always accurately match discussions related to the corresponding stock or token. Cashtags are just the first step in our commitment to creating the preferred platform for the financial and crypto community. Our vision is not just to provide charts. The content on X is valuable and actionable, so trading should also be seamless. Today we announced a pilot integration with Canadian brokerage Wealthsimple. Canadian users will see a button on the Cashtags page that allows them to complete trades seamlessly on X."

According to the latest "March 2026 Private Wealth Management Monthly Report" released by Gate, in March, BTC and ETH overall showed a "decline followed by stabilization" repair structure. Institutional allocation is centered on BTC, with ETH as a supplement. In March, BTC ETF saw a cumulative inflow of approximately $86.8 billion, while ETH ETF saw about $12.6 billion.Gate's private wealth quantitative fund performed steadily, with an average annual return of 5.7% for the USDT strategy. The Xinghe Smart Investment (USDT) had the highest return rate in the past year, reaching 9.5%. The Interstellar Hedge (USDT) achieved a cumulative return rate of 18.0%, with all 21 periods realizing positive returns, resulting in a total win rate of 100%. At the end of March, the situation in the Strait of Hormuz marginally eased, and the market's expectations leaned more towards a short-term disturbance scenario, with oil prices and inflation shocks being controllable, allowing risk assets to maintain moderate performance.

According to official news, Gate will launch a Crazy Wednesday Flower Event from April 8 at 14:00 to April 12 at 16:00 (UTC+8). During the event, users can complete multiple tasks such as flash exchanges, spot trading, contracts, deposits, invitations, residual coin treasure, and on-chain earning to get a chance to open blind boxes and win prizes like XPIN, lucky bags, and trips for two to Kyoto, Keukenhof Gardens, and Provence, with a 100% winning rate.In addition, a limited-time USDT 14-day fixed-term financial product will be launched, with an annualized return of up to 8%, and new users can enjoy a 100% annualized return for 3 days. Both new and existing users can also participate in residual coin treasure financial products like USAT, USDD, 0G, APT, AZTEC, IDOS, with annualized returns of up to 300%. At the same time, users who sign up to participate in on-chain earning BTC, ETH, and SOL mining can enjoy increased annualized returns during the event, with staking annualized returns of up to 16%.