! ! ! CRYPTO WORLD NEWS #4 ! ! !
MAY 3, 2025
💰 Bitcoin's Surge and Institutional Investments
Bitcoin has surged by 30% from its April low, reaching highs not seen since February. In significant industry developments, Binance and Abu Dhabi-based MGX finalized a $2 billion investment using the Trump-backed World Liberty Financial’s USD1 stablecoin. This represents the largest crypto investment to date and the first institutional investment in Binance. Additionally, Japan-based Metaplanet issued $24.8 million in bonds to purchase more bitcoin and announced plans to raise $250 million via a new U.S. subsidiary in Florida .