Bitdeer said the agreement marks “a crucial expansion into Asia” and expects fundraising efforts to commence this month. Source: https://www.coindesk.com/business/2023/05/03/bitdeer-to-raise-500m-for-bhutan-crypto-mining-operations-in-deal-with-government/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said. Source: https://www.coindesk.com/markets/2023/05/03/fed-preview-bitcoin-rally-may-run-into-a-hiccup-if-powell-sticks-to-data-dependent-policy-path-crypto-observers-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

One trader infamously took on a 50% slippage for getting out of their pepe position. Source: https://www.coindesk.com/markets/2023/05/03/pepecoin-overtakes-dogecoin-shiba-inu-trading-volumes-as-early-buyers-take-profits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf Source: https://www.coindesk.com/policy/2023/05/03/bitflyer-usa-fined-12m-by-nydfs-for-not-meeting-cybersecurity-requirements/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected. …

Ether also rose. Equity markets dropped, including stocks of two regional banks. Source: https://www.coindesk.com/markets/2023/05/02/bitcoin-climbs-above-285k-as-investors-weigh-fresh-bank-woes-cool-jobs-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/policy/2023/05/02/white-house-pushes-for-punitive-tax-on-crypto-mining/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days. Source: https://www.coindesk.com/business/2023/05/02/balaji-closes-bitcoin-bet-with-15m-in-donations-including-500k-for-bitcoin-core-development/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/05/02/coinbase-grew-quickly-by-working-with-us-regulators-will-it-expand-even-more-by-disregarding-the-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The spike triggered a series of liquidations on the exchange. Source: https://www.coindesk.com/business/2023/05/02/bitcoin-flash-rally-briefly-pushed-btc-derivatives-above-56k-on-bitfinex/?utm_medium=referral&utm_source=rss&utm_campaign=headlines