CryptoLens

🚨 BlackRock restricts withdrawals in $26B private credit fund
BlackRock limited withdrawals from its $26B HPS Corporate Lending Fund after investors requested $1.2B, about 9.3% of assets.
The fund paid $620M, but once it hit its 5% quarterly redemption cap, the rest of the requests were blocked. This mechanism is known as a redemption gate.
Private credit funds lend directly to companies at 8–12%, but these loans run 3–7 years and are not traded publicly. That creates a mismatch between liquid investor withdrawals and illiquid long-term loans.
The private credit market has grown to roughly $3

⚠️ BlackRock restricts withdrawals from credit fund to $26b (Bloomberg)
Investors have started to massively pull money out of BlackRock’s HPS Corporate Lending Fund, which invests in the private credit market.
▪️ Investors requested withdrawals of 9.3% of assets
▪️ Managers allowed only 5% to be withdrawn
▪️ Instead of ~$1.2 billion, investors will receive about $620 million
Investor anxiety is growing in the $1.8 trillion private credit market.
Following the news, BlackRock’s shares dropped more than 7%, and other private credit sector managers also came under pressure.
#Blackrock

Strategic petroleum reserves:
🇺🇸US : 200 Days
🇨🇳China : 104 Days
🇯🇵Japan : 260 Days
🇰🇷South Korea : 210 Days
🇸🇬Singapore : 245 Days
🇵🇰Pakistan: 25 days
🇮🇳India : 25 Days
#Oil

💰 Public bitcoin miners sold 15,000+ BTC since October
⚫️ Cango sold 4,451 BTC in February
⚫️ Bitdeer liquidated its entire BTC treasury
⚫️ Riot Platforms sold BTC in December
⚫️ Core Scientific plans to sell ~2,500 BTC in Q1
Mining BTC is one thing. Holding it is another ⛏
#btc $BTC

JUST IN: Brent crude oil price surges to $85, up 20% in the past 6 days.
#Crudeoil #Oil #GeopoliticalRisksPushOilPricesHigher

⚡️ Crypto-friendly fintech giant Revolut files for US banking license
The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH.

⚠️ Iran regime's crypto activity topped $3B as illicit transactions surged in 2025
Iran, Russia, North Korea, and other sanctioned countries boosted their use of cryptocurrency last year, according to Chainalysis.
Illicit cryptocurrency addresses received at least $154B in 2025, sanctioned entities accounted for about $104B of those flows.

🔥 The SEC has reached a settlement with Justin Sun and TRON after the regulator previously paused the case
#SEC���

🏦 Eric Trump accuses big banks of fighting crypto
He says major US banks are lobbying against stablecoin yields to protect their deposits, while paying customers only 0.01–0.05% and earning about 4% from the Fed
Banks want the spread, crypto wants the users 😏#ERIC #EricTrump

🐦 A “kind” scammer?
A whale accidentally sent 126k TON (~$220k) to a scammer after copying a fake lookalike address from transaction history 👉
😮 The scammer returned 116k TON and kept 10k TON (~$17k), leaving a note: “Sorry, the amount was too big. I know this is your hard-earned money”
Ethics patch v0.1 installed