Day: May 4, 2025

Ethereum Price Sits Above Crucial Support Level — Is A Fall To $1,500 Possible?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The quick burst of bullish momentum in the crypto market in the closing weeks of April saw the Ethereum price close the month above $1,800. However, the altcoin failed…

South Korean presidential candidates court crypto investors

With an estimated 16 million cryptocurrency investors representing 36% of South Korea’s voting population, presidential candidates are aggressively courting the crypto community ahead of the June 3 election. According to a report by Point Daily, crypto voters’ political significance has grown as Bitcoin’s market capitalization in Korea now exceeds 2,600 trillion won. This has rivaled the combined value of KOSPI-listed companies. As Point Daily notes, these 16 million investors account for a substantial portion of the country’s approximately 44.25 million eligible voters from the previous general election. Major parties are…

Tim Draper Foresees Bitcoin Could Be Worth Infinite US Dollars

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Bitcoin could be worth an infinite amount of U.S. dollars, says Tim Draper, sounding alarms over collapsing fiat trust, historic dollar weakness, and accelerating crypto dominance. Tim Draper Urges Bitcoin Readiness Amid Currency Collapse Fears Tim Draper, a prominent venture capitalist known for early bitcoin investments, shared a stark economic forecast on May 1 via […] Original

Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Historically, the Bitcoin price is an indicator of the blockchain’s health, with high activity often correlating with strong and positive price action. However, the largest cryptocurrency market seems to have witnessed a significant shift, with prices now less responsive to changes in on-chain activity. For instance, the Bitcoin price continues to hold above $95,000 and looks set to reclaim the $100,000 level despite the sustained dip in blockchain activity. An on-chain analytics firm has weighed in on…

Kidnapped dad of crypto businessman freed from ransom attempt: Report

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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 between 5 million and 7 million euros, or up to $7.9 million, to release the captive man. Although the details on the identity of the victims remain scant, likely for security reasons, the crypto…

Blackrock Discusses Bitcoin as Strategic Asset Too Risky Not to Own

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Bitcoin is flipping the institutional narrative as Blackrock warns it’s no longer about risk exposure—but the greater risk of missing out on crypto’s unstoppable financial ascent. Blackrock Pushes Bitcoin Into Spotlight: Could Be Too Risky Not to Own Any in Today’s Market Robbie Mitchnick, head of digital assets at Blackrock, the world’s largest asset manager, […] Original

Is $100K The Next Target Or A Trap At The Golden Pocket?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin bulls are trying to push higher from just under $97,000, attempting to confirm its latest breakout above a multi-day consolidation range. After stalling near $95,000 for over a…

Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport

The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi Azikiwe International Airport in Abuja, as part of its digital transformation efforts to enhance border security and financial disclosure transparency. The pilot, which began on April 9, 2025, processed 69 transactions, with outbound declarations ($1,200,281.22) making up 51% and […] Source CryptoX Portal

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

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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 moving the Maldives away from reliance on tourism and fisheries by attracting foreign direct investment into blockchain and Web3 technologies. The project outlines plans for the Maldives International Financial Centre, an 830,000-square-meter facility that…

Analyst Identifies When Bitcoin Price Will Reach Cycle Top — Here’s The Timeline

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…