Day

May 4, 2025

Kidnapped dad of crypto businessman freed from ransom attempt: Report

May 4, 20250
The father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive for ransom over several days.According to reporting from Le Monde, the May 3 raid resulted in five arrests. Local outlet Le Parisien also said the kidnappers demanded...

Maldives to build $9 billion crypto hub to attract investment: Report

May 4, 20250
The government of Maldives signed an agreement with MBS Global Investments, a Dubai-based family office, to develop a $9 billion crypto and blockchain hub in Malé, the capital of the South Pacific archipelago nation.According to a report from the Financial Times, the agreement, which was signed on May 4, was done in the hopes of...

Saylor signals impending Bitcoin purchase following Q1 earnings call

May 4, 20250
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company.The company’s most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company’s total holdings to 553,555 BTC.According to data from...

Is this the end of Bitcoin DeFi?

May 4, 20250
Opinion by: Markus Bopp, CEO of TAP ProtocolNot long ago, the idea of Bitcoin as a government-backed reserve asset seemed like a stretch. The US Federal Reserve’s move to establish a Strategic Bitcoin Reserve marks a clear turning point. Once dismissed as a speculative asset or niche investment, Bitcoin is increasingly being treated by some...

How to set up stop-loss and take-profit orders

May 4, 20250
Key takeawaysBitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains.Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges.In the algorithm era and bot pestering, proper trading tools like stop-loss and...

Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

May 4, 20250
Key points:Bitcoin attacks liquidity clustered close to spot price into the weekly close.Market commentators eye significant BTC price levels below $95,000. The Fed’s upcoming interest rate decision is the key macro event to watch next week.Bitcoin (BTC) fell toward $95,000 into the May 4 weekly close as traders braced for more macro-induced downside.BTC/USD 1-hour chart....

‘Everything is lining up’ — Tokenization is having its breakout moment

May 4, 20250
Tokenization of real-world assets (RWAs) is evolving from an abstract concept to a practical financial tool as institutional players increasingly test and deploy blockchain-based infrastructure at scale.This past week alone saw a flurry of announcements from both traditional financial institutions and blockchain-native firms advancing their RWA initiatives.On April 30, BlackRock filed to create a digital ledger...

Binance to launch crypto payments in Kyrgyzstan with new partnership

May 4, 20250
Binance has signed a memorandum of understanding (MOU) with Kyrgyzstan’s National Agency for Investments to introduce crypto payment infrastructure and blockchain education in the country.The MoU was formalized during the inaugural meeting of the Council for the Development of Digital Assets, attended by Kyrgyz President Sadyr Japarov, the exchange said in a May 4 press release.As part...

Pro-crypto Democrats pull support for stablecoin bill in last minute

May 4, 20250
A group of US Senate Democrats known for supporting the crypto industry have said they would oppose a Republican-led stablecoin bill if it moves forward in its current form.The move threatens to stall legislation that could establish the first US regulatory framework for stablecoins, according to a May 3 report from Politico.Per the report, nine...

Bitcoiners blast Arizona governor’s ‘ignorance’ after Bitcoin bill veto

May 4, 20250
Bitcoiners and United States government officials have criticized Arizona Governor Katie Hobbs’s decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves.“This will age poorly,” Casa co-founder and cypherpunk Jameson Lopp said in a May 3 X post. Bitcoin (BTC) entrepreneur Anthony Pompliano said, “Imagine...
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