US-listed spot Bitcoin exchange-traded funds (ETFs) are driving an aggressive wave of accumulation, buying nearly six times more Bitcoin last week than was created by miners. According to a May 4 report from asset allocator HODL15Capital, spot Bitcoin ETFs acquired 18,644 BTC over the past week. In contrast, only 3,150 BTC were mined during the same period—roughly 450 coins per day. Institutional Demand For Bitcoin ETFs Surges as Post-Halving Supply Squeeze Tightens The buying frenzy highlights the growing appetite from institutional investors, especially as supply becomes increasingly constrained following the recent halving. Despite a net outflow on April 30, data from Farside Investors shows the total net inflow for the week amounted to approximately $1.8 billion. Since April 16, there has been just one day of net outflows, with the broader market recovery bolstering investor sentiment. U.S. Bitcoin ETFs bought 18,644 Bitcoin last week vs. 3,150 mined pic.twitter.com/hTcUWECGr6 — HODL15Capital (@HODL15Capital) May 4, 2025 The buying spree also coincided with a modest price rally. Bitcoin surged to a six-week high of $97,700 on May 2 before pulling back to around $94,000, where it currently sits—unchanged from the same time a week earlier. Leading the charge is BlackRock’s iShares Bitcoin Trust (IBIT), which has posted an uninterrupted 17-day inflow streak and brought in nearly $2.5 billion over the past five trading sessions alone. ETF Store president Nate Geraci noted in a May 3 blog post that despite limited distribution access, spot Bitcoin ETFs have ballooned into a nearly $110 billion market. “Many wealth management platforms still block financial advisers and brokers from offering these products,” he said. “That’s why I’ve said spot Bitcoin ETFs are operating with one hand tied behind their backs. Imagine the impact when those restrictions are removed.” SEC to Announce Decision on Litecoin ETF Meanwhile, the U.S. Securities and Exchange Commission is expected to announce its second deadline decision on a proposed spot Litecoin ETF from Canary Capital by May 5. The firm also filed for a spot XRP ETF last October. Bloomberg ETF analyst James Seyffart commented that Litecoin has the best chance of early approval but still expects a delay. Fellow analyst Eric Balchunas echoed the cautious outlook. The @CanaryFunds Litecoin ETF filing is due for a decision (possibly a delay) by Monday 5/5. SEC went early & delayed a bunch of filings but not this. If any asset has a chance of early approval it's Litecoin IMO. Personally think a delay is more likely but def something to watch pic.twitter.com/FilnUcMtUH — James Seyffart (@JSeyff) May 4, 2025 According to their latest update, Solana and Litecoin lead the pack with a 90% approval likelihood, followed by XRP (85%), Dogecoin and Hedera (80%), and Cardano, Avalanche, and Polkadot (75%). While spot Bitcoin and Ethereum ETFs have already received approval, the SEC has yet to greenlight any ETF product with staking functionality — something already seen in markets like Canada and Europe. In a parallel development, the Crypto Council for Innovation, backed by major firms including a16zcrypto, Consensys, and Kraken, has called on the SEC for regulatory clarity on staking. In a letter to Commissioner Hester Peirce, the coalition argued that staking is a technical process, not a securities transaction, and urged the agency to support its responsible inclusion in ETFs. Currently, more than 70 crypto ETF applications are awaiting a decision from the SEC, according to Bloomberg. The post Spot Bitcoin ETFs Scooped Up Nearly 6x More BTC Than Miners Produced Past Week appeared first on Cryptonews .
Crypto investor Mr. Man has published a statement on X that outlines what he views as an ongoing, deliberate reconstruction of the global financial system. His post frames this transformation not as a violent revolution or a collapse, but as a gradual replacement happening from the inside out. He also highlights the role of Ripple, XRP, RippleNet, and RLUSD in this new system. According to his tweet, this process involves a fusion of technology, regulatory alignment, and behavioral conditioning. These elements combine to alter how money is used, controlled, and accessed — and Mr. Man claims it is being done largely without public awareness. 1 of 2 This rabbit hole is the story of how the global financial system is being quietly replaced. Not destroyed, not revolutionized, but rebuilt from the inside out, using layers of technology, regulation, and psychology to reshape how money moves, who gets access to it, and… pic.twitter.com/pNLFlup34f — Mr. Man (@MrManXRP) May 3, 2025 rp From Delayed Settlement to Real-Time Compliance He said that at the heart of this transformation is the emergence of a new kind of money. This form of money is programmable, trackable, and capable of executing logic through smart contracts. It is not merely digital in the way credit cards are digital, but more sophisticated, more conditional, and more interactive. Mr. Man explains that these tokens can contain information about who owns them, where they are allowed to go, and under what conditions they can move. While mainstream attention remains focused on cryptocurrencies like Bitcoin and Ethereum, he says the more significant shift is in institutional integration of networks such as Ripple, Stellar, Chainlink, Axelar, and XinFin. These technologies, he asserts, are becoming embedded in the financial system’s underlying infrastructure without receiving public recognition. Mr. Man describes the system as outdated, built on delayed settlement, correspondent banking relationships, and paper-based trust mechanisms. That model is being replaced by one he characterizes as interoperable, real-time, and compliant by design. Transactions in the emerging system will be attached to metadata, identity-linked trust scores, and policy logic. In his view, money is being transformed into an interactive tool — one that reports, obeys, and adapts to programmatic constraints. Ripple’s Role and the Rise of Tokenized Finance He identifies Ripple’s role as foundational in this transformation, not simply because of XRP, but because of RippleNet and RLUSD . He explained that these act as liquidity bridges between legacy financial institutions and the developing programmable environment. Mr. Man also names Sygnum and LCX as key players in asset tokenization, transforming traditional financial instruments like stocks and bonds into digital assets that can be traded or stored in programmable wallets. Institutions such as CME and Hidden Road are said to manage institutional-grade liquidity and risk in the background. Bitstamp and Robinhood serve the retail segment — not by providing true access, Mr. Man argues, but by offering the perception of access, while directing retail activity toward systems that are increasingly monitored and restricted. He claims that a new financial operating system is already being put in place. It is being introduced in stages, often during crises or alongside regulatory shifts, when public attention is either distracted or seeking reassurance. Mr. Man points to ISO 20022 messaging standards , real-time payment infrastructure, centralized identity frameworks, and cross-border regulatory convergence as mechanisms coordinating the rollout. Basel III, he says, goes beyond capital adequacy and serves as a locking mechanism for defining value and enforcing liquidity requirements. According to his post, this entire transition is set to be formalized by January 2026 — a moment he calls “The Endgame.” We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Conditional Access and the Role of Identity Mr. Man contends that while this new system is being prepared for institutional use, retail investors are being led into it passively. Platforms such as Bitstamp and Robinhood give consumers an impression of participation, but the core rails, he states, are being reserved for permissioned wallets, institutions, and regulated digital instruments. Under this system, money can include conditions, such as expiration dates, and may look like benefits, subsidies, or other restricted-use instruments. He cautions that this structure can empower only if users have full control and transparency over the rules. To underline the psychological aspect of this transition, he references the quote from Hamlet: “Nothing is either good or bad, but thinking makes it so.” He claims that most people remain unaware of the depth of these changes due to distractions, including inflation, elections, and cultural conflict. He warns that by the time the system becomes fully active, access and participation rules will already be established. The Final Phase and the Question of Sovereignty In closing, Mr. Man asserts that this evolution is nearly complete and waiting only for activation. Those who understand its mechanics and position themselves accordingly — through digital identity sovereignty, regulated asset rails, and tokenized yield — will benefit from the shift. He said others will enter the system passively, driven by crisis, convenience, or policy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Role of Ripple and XRP In the New Global Financial System appeared first on Times Tabloid .
OKX will restart its decentralized exchange aggregator after nearly two months of downtime over suspected misuse by North Korea’s Lazarus Group. According to a May 5 X post from founder and CEO Star Xu, the relaunch of OKX Web3, the exchange’s self-custody wallet and DEX aggregator, comes with a real-time abuse detection system and upgraded onchain security tools designed to flag and block suspicious activity automatically. Xu described the service as a “browser and search engine for blockchain,” with the goal of enabling safer access to DeFi protocols. The restart follows a March 17 suspension of the aggregator after OKX identified attempts by the Lazarus Group to exploit its DeFi services. At the time, the exchange said it had detected “unsuccessful efforts by Lazarus Group” to “misuse” their DeFi services, prompting a temporary pause to roll out new security features. You might also like: OKX publishes proof of reserves with over 100% assets held for 22 cryptocurrencies The suspension also came amid increased regulatory scrutiny. In March, Bloomberg reported that EU financial watchdogs were investigating OKX’s DEX aggregator and wallet services for a potential role in laundering funds tied to the $1.4 billion Bybit hack. OKX responded by clarifying that its Web3 wallet acts solely as a DEX aggregator and does not have custody of user assets. The firm said the concerns were based on a misunderstanding of how aggregator swaps function. Per a May 4 announcement , OKX Web3 now includes a dynamic database to detect and block wallet addresses linked to hackers and other bad actors in real time, while issuing proactive alerts to warn users about risky transactions. Additionally, it will feature wallet profiling tools that identify users as possible whales or snipers based on their activity. The company further noted that OKX Web3 had been audited by CertiK, Hacken, and SlowMist, and its infrastructure has undergone extensive testing through a bug bounty program. OKX Web3’s relaunch comes just days after OKX introduced a new self-custodial payments feature called OKX Pay. The new offering streamlines crypto transfers and allows users to send USDT and USDC stablecoins with zero fees, while retaining full custody over their assets. Read more: OKX Ventures-backed Haedal Protocol rallies 50% ahead of Bithumb listing
NPR and PBS leaders announced on May 4th that they would challenge President Donald Trump’s executive order to slash public subsidies to both organizations, saying it was ‘blatantly unlawful.’ Trump signed the order late Thursday, alleging ‘bias’ in the broadcasters’ reporting. The CEOs of NPR and PBS declared they were looking into options to challenge the Trump administration following the president’s executive order to cut public funding to news and media organizations. Trump and congressional Republicans have threatened to cut funding to the organizations for months, with both leaders of PBS and NPR testifying before the House DOGE panel in March to defend their federal funding. Patricia Harrison, the chief executive of the Corporation for Public Broadcasting, said the White House had no legal authority over the companies, as NPR vowed to challenge the order, calling it ‘an affront to the First Amendment.’ In March, Trump issued an executive order seeking to hollow out Voice of America (VOA) — another independent, government-funded media organization the president had long accused of bias — but a judge has since blocked that order. U.S. media unites to resist Trump’s proposed funding cuts PBS CEO: Trump Administration Is Coming After Us In Different Ways Paula Kerger: "This is different. They're coming after us on many different ways… So we have never seen a circumstance like this, and obviously we're going to be pushing back very hard, because what's at risk… pic.twitter.com/ZiWtgbWDxF — Mr Producer (@RichSementa) May 4, 2025 NPR CEO Katherine Maher and PBS CEO Paula Kerger said they were both looking at legal options after Trump signed an executive order last week to slash public subsidies for both organizations. They also explained why his order stood out from previous attempts to cut their government funding. Maher said potential funding cuts would hit local stations and their audiences the hardest, adding that NPR had 246 member organizations with newsrooms in every state. PBS’ Kerger also added that Trump’s ‘blatantly unlawful’ executive order, issued in the middle of the night, threatened her media organization’s ability to serve the American public with educational programming as it had for over five decades. “We’re looking at whatever options are available to us…I think it’s a little preliminary for us to be able to speak to specific strategies that we would take.” ~ Katherine Maher, CEO of NPR Kerger also said the industry had never met a circumstance like this, adding that both organizations were ‘obviously’ going to push back ‘very hard’ because U.S. stations, public television, and public radio stations across the country were at risk. Trump says he would ‘love to’ defund both NPR and PBS Trump said on April 29th that he would ‘love to’ defund both NPR and PBS, saying that the government was wasting so much money on the “whole group,” which was “very unfair” and “very biased.” Trump and his allies have continually come after NPR and PBS for what they have allegedly called ‘a left-leaning bias’ funded by the government. Trump attempted multiple times to slash the budget for public broadcasting during his first term, going on to call NPR a ‘liberal disinformation machine’ last year. Trump said the media landscape was filled with abundant, diverse, and innovative news options, and government funding of news media in this environment was outdated, unnecessary, and corrosive to the appearance of journalistic independence. However, NPR’s Maher said public media corporations will vigorously defend their right to provide essential news, information, and life-saving services to the American public. At the same time, PBS’s Kerger pointed out that U.S. media will challenge Trump’s recent executive order “using all means available.” The current administration has — in a matter of months — shut out the Associated Press (AP) from covering White House events, stripped media outlets, including NPR and POLITICO, of their traditional workspaces in the Pentagon, shuttered the government-funded Voice of America, and reopened investigations into television networks over multiple alleged offenses — many having to do with the promotion of “diversity, equity, and inclusion.” KEY Difference Wire helps crypto brands break through and dominate headlines fast
Despite its public shutdown, crypto mixer eXch appears to be still involved in laundering operations, with analysts identifying its mixed-pool model as a key risk for compliance. Crypto mixing service eXch, which gained a reputation for its involvement in laundering millions in stolen funds from Bybit, seems to remain active behind the scenes despite its public shutdown in late April. Analysts at a blockchain forensic firm TRM Labs explained in a recent report that eXch continues to provide application programming interface access to its business partners, including mixers and privacy services. TRM has observed on-chain activity that suggests ongoing laundering behaviors, especially tied to its mixed-pool infrastructure. Example flow of Bybit exploit funds moving through eXch and bridging back and forth between ETH and BTC | Source: TRM Labs The analysts have linked eXch to significant criminal activity, including a long-term association with child abuse material threat actors. “We have identified that eXch has been directly exposed to more than $300,000 in CSAM-related funds. However, we expect this figure to increase as we continue our attribution on eXch.” TRM Labs The exchange’s mixed-pool mechanism, designed to fragment transactions, has raised red flags for investigators. TRM Labs explained that in a mixed pool “all received and sent transactions are mixed together and there is no way to discover how many people are behind certain addresses and traceability is extremely difficult.” This lack of transparency complicates risk assessments, as illicit deposits may be linked to legitimate withdrawals, the analysts added. You might also like: Bybit CEO: 88% of the stolen funds still traceable, 8% gone dark through crypto mixers Crypto mixer eXch announced its official shutdown on April 17. However, the protocol removed the message a few hours later — leaving “no public record of its communication on this topic,” and on April 28, the platform resumed operations, TRM Labs says. As eXch’s team earlier said , the project had become the target of a “transatlantic operation” aiming to shut it down and potentially prosecute key figures for money laundering and terrorism. Blockchain analytics firms like Elliptic and others flagged eXch as a key hub in the laundering process. Following the Feb. 21 theft that drained over 400,000 Ethereum ( ETH ) from Bybit’s cold wallet, the Lazarus Group used a web of decentralized exchanges, cross-chain bridges, and privacy tools, including eXch, to hide the stolen assets’ origin. Read more: Pro-Bitcoin Countries to Ban Crypto Mixers After Bybit Case?
Following the approval of Bitcoin and Ethereum ETFs from the SEC in 2024, ETF applications have come for many altcoins such as XRP, Litecoin (LTC) and Solana (SOL). While the chances of these altcoin ETFs being approved in 2025 are seen as quite high, Bloomberg ETF analysts determined the chances of approval as 90 percent for LTC and SOL; 85 percent for XRP; 80 percent for Dogecoin (DOGE) and Hedera (HBAR) ETF; 75 percent for Cardano (ADA), Polkadot (DOT) and Avalanche (AVAX). Related News: Bloomberg Shares Latest Forecasts on Altcoin ETFs: Chances of Approval Have Changed! - Solana and This Altcoin Are Ahead! What's the Latest on XRP, DOGE and AVAX? As expectations remain high, Bloomberg ETF analyst James Seyffart noted that the SEC is expected to make a decision on Canary Capital’s Litecoin ETF application by May 5. While the SEC has previously postponed several filings, Canary Capital’s LTC filing was not included in the postponement decisions. At this point, Seyffart predicts that there may be a chance for the Litecoin spot ETF to receive early approval, but it is likely that the SEC will choose to delay the final decision rather than approve or deny it outright. So Seyffart said he personally expects a delay. “The Canary Funds Litecoin ETF application is expected to be decided by Monday, May 5th. The SEC has been early in other ETF filings, delaying a handful of others. But it did not delay it. This increases the chances of the LTC ETF getting approval at an early date. Because if any asset has a chance of getting approval early, it is Litecoin. Personally, I think a postponement is more likely, but it's definitely something to keep an eye on.” Litecoin (LTC) continues to trade at $87.9 at the time of writing. *This is not investment advice. Continue Reading: Bloomberg Analyst Announces: Today Will Be Critical in Deep-Rooted Altcoin! "SEC Decision Awaited!"
Prominent Bitcoiner Kiyosaki reveals a crucial reason why he is investing in BTC right now
May 5 is the deadline for the Treasury Secretary to submit the evaluation on establishing a Strategic Bitcoin Reserve, as outlined in Trump’s March 6 executive order $BTC #Bitcoin
TAIPEI, May 5, 2025 /PRNewswire/ — CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals. Pre-Order Offer (April 21 – May 10) CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space. Simple, Secure, and Built for Daily Use CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions. The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens. Security and Risk Awareness by Design CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices. Optional Lifetime Warranty Plan CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users: Coverage is per 2-card set, with a quota of free replacements per year. Registration is required within 30 days of purchase. Shipping costs for replacements are customer-borne. Warranty resets yearly and is not cumulative. This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support. Built for Beginners, Trusted by Pros CoolWallet Go is ideal for: First-time hardware wallet users transitioning from exchanges or hot wallets. Experienced holders looking for a compact, secure backup or daily-use wallet. Shipments begin mid-May. Pre-order and learn more here: https://reurl.cc/Lanld7 Download the CoolWallet App Google Play Apple App Store About CoolWallet CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.
TAIPEI, May 5, 2025 /PRNewswire/ -- CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It's a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals. Pre-Order Offer (April 21 – May 10) CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space. Simple, Secure, and Built for Daily Use CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet's minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions. The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens. Security and Risk Awareness by Design CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users' private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices. Optional Lifetime Warranty Plan CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users: Coverage is per 2-card set, with a quota of free replacements per year. Registration is required within 30 days of purchase. Shipping costs for replacements are customer-borne. Warranty resets yearly and is not cumulative. This initiative reflects CoolBitX's commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support. Built for Beginners, Trusted by Pros CoolWallet Go is ideal for: First-time hardware wallet users transitioning from exchanges or hot wallets. Experienced holders looking for a compact, secure backup or daily-use wallet. Shipments begin mid-May. Pre-order and learn more here: https://reurl.cc/Lanld7 Download the CoolWallet App Google Play Apple App Store About CoolWallet CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company's flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.