* Bitcoin Whale Activity: Crypto analyst Ali indicates that whales (large holders) have sold about 50,000 Bitcoin in the last ten days, which is considered a profit-taking action.
* Criticism from the Swiss Central Bank Governor: The Governor of the Swiss Central Bank expressed concerns over extreme crypto price volatility, making it unsuitable as a reserve currency.
* Launch of Binance Futures Perpetual Contracts: Binance Futures will launch USDⓈ-M perpetual contracts for ASRUSDT and ALPINEUSDT with leverage up to 75x on May 6, 2025.
* Figment Seeks Acquisition Opportunities: Figment, a staking services company, is reportedly actively seeking acquisition targets in the crypto sector.
* Shardeum Mainnet Launched: Shardeum, a Layer-1 with autoscaling features, has launched its mainnet.
* Kuwait Takes Action Against Crypto Miners: The Kuwaiti government is reportedly cracking down on crypto miners as they are considered an illegal electricity exploitation that could lead to blackouts.
* Apple Eases Crypto App Rules: Apple revised its US App Store guidelines to facilitate crypto payments and NFTs within apps.
* Discussion on Crypto Regulation Bill in the US: Republicans in the US House of Representatives released a discussion draft of a bill to broadly regulate the crypto industry.
* Donald Trump's Sentiment Towards Crypto: Policies supporting crypto from former US President Donald Trump are expected to trigger a wave of new transactions in the sector. David Sacks, referred to as Trump's "Crypto Czar," predicts an upcoming "Trump boom."
* Nigeria Recognizes Bitcoin as a Security: The Nigerian government has passed legislation recognizing Bitcoin as a security.
