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Here’s what happened in crypto today


Today in crypto, the government of Maldives signs $9 billion deal to establish crypto hub, a group of pro-crypto US Senate Democrats have said they would oppose a stablecoin bill in its current form, and OKX founder and CEO has responded to Justin Sun’s criticism.Maldives signs $9 billion...

Kidnapped dad of crypto businessman freed from ransom attempt: Report


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...

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


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...

Saylor signals impending Bitcoin purchase following Q1 earnings call


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...

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


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...

Is this the end of Bitcoin DeFi?


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...

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


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...

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


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...

Binance to launch crypto payments in Kyrgyzstan with new partnership


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...

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


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...

Warren Buffett to step down as Berkshire Hathaway CEO by year's end


Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company's annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire's board of directors.According to CNBC...

Bitcoin miners should pay costs in depreciating currency — Ledn exec


Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin...

Ethereum nears key Bitcoin price level that last time sparked 450% gains


Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound.ETH price fractal from 2019 hints at bottom The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact...

Why tokenized gold beats other paper alternatives — Gold DAO


Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold.In an interview...

Bitcoin mining — Institutions boost investments amid favorable US climate


Opinion by: Fakhul Miah, managing director of GoMining InstitutionalThe Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment...

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