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According to BlockBeats, Asian currencies have shown significant gains against the U.S. dollar. The New Taiwan dollar appreciated by approximately 4.6% to reach 29.64, marking its highest level since June 2022. Meanwhile, the Malaysian ringgit rose by 1.2% to 4.209, the strongest it has been since October 3, 2024. Additionally, the Philippine peso increased by 0.3% to 55.465, reaching its highest point since September 20, 2024.

According to Foresight News, Ethereum co-founder Vitalik Buterin shared on Warpcast that he has significantly reduced the CSS lines on his blog from 5875 to 233. He emphasized the importance of simplification, stating that today is a good day for such efforts. Buterin suggested that all software, including legal frameworks, should adopt more simplification practices.

According to PANews, the U.S. Securities and Exchange Commission (SEC) is set to make its first decision today, May 5, 2025, regarding the Litecoin (LTC) spot ETF application submitted by Canary Capital. Unlike most cryptocurrency ETF applications, this Litecoin ETF proposal has not undergone any prior SEC delay reviews, leading to market speculation about a potentially earlier approval. However, despite the absence of previous delays, analyst James Seyffart anticipates that the SEC is likely to postpone its final decision rather than approve or reject the application outright.

According to PANews, Ethereum (ETH) has recently dropped below the $1,800 mark, currently trading at $1,796.41 per coin. This represents a daily decrease of 1.88%.

On May 05, 2025, 01:32 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 94,000 USDT and is now trading at 93,949.992188 USDT, with a narrowed 2.06% decrease in 24 hours.

On May 05, 2025, 01:31 AM(UTC). According to Binance Market Data, Ethereum has dropped below 1,800 USDT and is now trading at 1,797.329956 USDT, with a narrowed 2.31% decrease in 24 hours.

According to PANews, U.S. President Donald Trump announced plans to authorize the Department of Commerce and the Office of the United States Trade Representative to initiate procedures for imposing tariffs of up to 100% on films produced abroad and imported into the United States. This move aims to address trade imbalances and protect domestic film production.

According to PANews, the Solana Foundation has announced the successful resolution of a critical zero-day vulnerability affecting the confidential transfer feature on its network. Discovered on April 16, the foundation swiftly coordinated with validators to update the network, completing the fix within two days. The vulnerability was linked to the ZK proof system used for verifying confidential transfers of Token-2022 standard tokens. If exploited, attackers could theoretically forge proofs to mint unlimited amounts of specific tokens or steal them from user accounts. The Solana Foundation chose not to disclose the vulnerability until the fix was implemented to ensure security. There is currently no evidence that the vulnerability was exploited, and all user funds remain secure. The foundation also noted that while the confidential transfer feature has been available for some time, its adoption rate is currently low.

On May 04, 2025, 22:33 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 95,000 USDT and is now trading at 94,931.703125 USDT, with a narrowed 1.37% decrease in 24 hours.

On May 04, 2025, 21:45 PM(UTC). According to Binance Market Data, BNB has crossed the 590 USDT benchmark and is now trading at 590 USDT, with a narrowed narrowed 1.49% decrease in 24 hours.

According to Cointelegraph, a recent police operation in Paris, France, led to the rescue of a man held captive for ransom. The victim, the father of an unnamed crypto entrepreneur, was freed during a raid on May 3, resulting in five arrests. Reports from Le Monde and Le Parisien indicate that the kidnappers demanded between 5 million and 7 million euros, equivalent to up to $7.9 million, for his release. The victims, whose identities remain undisclosed for security reasons, co-own a crypto marketing firm based in Malta. This incident bears similarities to the January 2025 kidnapping of Ledger co-founder David Balland in France, who was also held for a crypto ransom before being rescued by law enforcement. This case is part of a troubling trend of ransom attempts targeting individuals associated with cryptocurrency, perceived to possess significant wealth. In November 2024, WonderFi CEO Dean Skurka was abducted in Toronto, Canada, and forced to pay a $1 million cryptocurrency ransom. Similarly, in February 2025, six individuals in Chicago, Illinois, were charged with kidnapping a family and their nanny, demanding a crypto ransom. The FBI reported that the suspects gained entry to the family's home by pretending to have damaged their garage door, subsequently abducting them for five days and extorting $15 million in cryptocurrencies for their release. In another alarming incident, online streamer Amouranth was targeted in a home invasion in March 2025. Armed suspects held her at gunpoint in Texas, demanding access to her cryptocurrency. Four individuals were charged and arrested in connection with this crime. These incidents highlight a growing pattern of crypto-related kidnappings and ransom demands, underscoring the need for increased security measures for those involved in the cryptocurrency industry. As these cases become more frequent, law enforcement agencies worldwide are urged to enhance their efforts to protect potential targets and prevent such crimes.

According to BlockBeats, Elon Musk has updated his X username to 'gorklon rust'. Previously, his username was 'Elon Musk'. This change was made on May 5.

According to Cointelegraph, Strategy co-founder Michael Saylor has hinted at another Bitcoin (BTC) purchase, marking the fourth consecutive week of acquisitions by the BTC treasury company. On April 28, Strategy acquired 15,355 BTC, valued at over $1.4 billion at the time, increasing its total holdings to 553,555 BTC. Data from SaylorTracker indicates that Strategy's investment has appreciated by approximately 39%, translating to over $15 billion in unrealized gains. The company has been instrumental in driving institutional exposure to BTC, both directly through its corporate treasury concept and indirectly via institutions holding Strategy's stock in their portfolios. Strategy's financial performance in Q1 2025 fell short of analyst expectations, with reported revenue of approximately $111 million, a 3.6% decrease from Q1 2024, and missing forecasts by 5%. Despite this, the company has acquired 61,497 BTC so far in 2025 and plans to raise $21 billion through an equity offering to finance further BTC purchases. Asset manager Richard Byworth has suggested that Strategy should consider acquiring companies with substantial cash reserves and converting those reserves to Bitcoin for its treasury. He also proposed purchasing Bitcoin on the open market, as exchange balances are dwindling, rather than through over-the-counter transactions, which do not affect market prices. This approach could elevate Bitcoin's price, increasing the value of Strategy's reserves and attracting more investors to BTC. The impact of Strategy's Bitcoin acquisitions on market dynamics continues to be a topic of intense discussion. Adam Livingston, a BTC analyst and author of "The Bitcoin Age and The Great Harvest," has argued that Strategy's demand for BTC is effectively halving Bitcoin by surpassing the daily miner output. Livingston noted that Strategy's average daily Bitcoin accumulation rate of approximately 2,087 BTC significantly exceeds the collective daily mined supply of around 450 BTC. This aggressive acquisition strategy is seen as a catalyst for Bitcoin adoption and price increases, further solidifying Strategy's role in shaping the cryptocurrency market.

According to BlockBeats, data from Coinglass reveals that since 2016, Ethereum has experienced varied performance in May, with six instances of gains and three of losses. The most significant increase occurred in May 2017, with a monthly rise of 161.43%, while the largest decline was in May 2022, with a drop of 28.85%. From 2016 to the present, the average return rate for Ethereum in May stands at 27.39%, with a median of 7.09%.

According to BlockBeats, data from Farside indicates that the total net inflows for Bitcoin ETFs have once again surpassed $40 billion, reaching $40.207 billion. This figure is approaching the historical peak of $40.78 billion recorded on February 7. The renewed interest in Bitcoin ETFs highlights the ongoing demand and investment in cryptocurrency-related financial products.

According to PANews, Nasdaq-listed Bitcoin mining company Bitfarms has released its April production and operations update. The report reveals that the company has no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, Bitfarms intends to use previously acquired machines to achieve its growth targets for this year. The company is prioritizing the development of its high-performance computing (HPC) business and expanding its energy infrastructure over acquiring new hardware. In addition, Bitfarms reported a mining output of 268 BTC in April, averaging 8.9 BTC per day. The company's Bitcoin treasury holdings have decreased to 1,005 BTC, down from 1,140 BTC the previous month. Based on Bitcoin's price as of April 30, the holdings are valued at approximately $94 million.

According to PANews, Strategy's Chairman Michael Saylor shared insights on Bitcoin Tracker via the X platform, stating, 'Too much blue, not enough orange.' Historically, Strategy has disclosed Bitcoin acquisitions the day following such announcements.

On May 04, 2025, 13:26 PM(UTC). According to Binance Market Data, BNB has dropped below 590 USDT and is now trading at 589.799988 USDT, with a narrowed 1.40% decrease in 24 hours.

According to Odaily, U.S. President Donald Trump has reiterated his stance that the Federal Reserve should reduce interest rates. He emphasized that American small businesses do not require any relief measures. Additionally, Trump stated that he would not consider removing Federal Reserve Chairman Jerome Powell from his position before his term ends in 2026.

According to PANews, a growing number of young Americans are turning to the meme coin market as a new avenue for financial freedom. Data reveals that among individuals aged 18 to 29, 42% of men and 17% of women have engaged in cryptocurrency investment or trading. Despite the significant risks associated with the meme coin market, the investment trend continues to gain momentum, fueled by relaxed regulations under U.S. President Donald Trump's administration and the influence of social media. Industry experts suggest this phenomenon reflects a new generation's dissatisfaction with traditional financial methods and their pursuit of alternative investment opportunities.