Bitcoin (BTC) defies inflation playbook, rallies 19%. Here’s what has changed

Bitcoin Bitcoin$80,824.77 The continued rally goes against typical inflationary strategies. This raises the question of whether cryptocurrencies have quietly transitioned from risk assets to inflation hedges. The leading cryptocurrency by market capitalization has gained 19% in just over a month, surpassing $80,000 on Monday for the first time since January. The rebound comes as oil…

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Bitcoin (BTC) defies inflation playbook, rallies 19%. Here’s what has changed

Bitcoin Bitcoin$80,824.77 The continued rally goes against typical inflationary strategies. This raises the question of whether cryptocurrencies have quietly transitioned from risk assets to inflation hedges. The leading cryptocurrency by market capitalization has gained 19% in just over a month, surpassing $80,000 on Monday for the first time since January. The rebound comes as oil…

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Ukraine struck a luxury skyscraper 4 miles from the Kremlin, threatening Moscow’s Victory Day parade

On Monday, an upscale residential building near central Moscow was targeted by a drone. It is one of Ukraine’s deepest attacks on Moscow, which is preparing for a Victory Day military parade. Ukraine often launches such attacks to disrupt military parades, which this year will not feature equipment. A Ukrainian drone struck a luxury high-rise…

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Aave asks court to block $71 million crypto seizure tied to North Korea claims

Leading decentralized lending platform Aave has asked a U.S. federal court to block attempts by North Korean terrorism victims to seize approximately $71 million in cryptocurrency following last month’s rsETH-related exploit, intensifying a dispute that has already divided Arbitrum’s governance. The filing, filed Monday in the Southern District of New York, seeks to quash a…

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Former employee of Stefon Diggs to take the stand for a second day in NFL player’s assault trial

BOSTON (AP) — A woman who worked as Stefon Diggs’ live-in cook and accused the former New England Patriots wide receiver of assault is expected to continue testifying Tuesday at his trial. There were conflicting accounts of what happened at his home that first day. Jamila Adams, known as “Mila,” testified Monday that Diggs slapped…

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Human to human hantavirus transmission suspected on cruise but risk to public low, WHO says

Author: Olivia Le Poidevin and Charlotte Van Campenhout GENEVA/AMSTERDAM, May 5 (Reuters) – The World Health Organization said on Tuesday it suspected seven confirmed or suspected cases of hantavirus on a luxury cruise ship, with rare human-to-human transmission among close contacts on board. A Dutch couple and a German citizen died, and a British citizen…

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