How to set up stop-loss and take-profit orders

Key takeaways

Bitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains.

Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges.

In the algorithm era and bot pestering, proper trading tools like stop-loss and take-profit orders will help you protect your trades.

Setting up advanced BTC trading strategies doesn’t guarantee a successful risk management plan. Monitoring the market regularly helps you understand current conditions. This way, you can avoid strategic mistakes.

Stop-loss and take-profit orders in trading were used long before Bitcoin. In traditional financial markets, they were already used as a risk management and profit-securing tool.

They help reduce losses and boost revenue by automatically buying or selling an asset when its price reaches a set level. 

With Bitcoin’s emergence in 2009 and its subsequent <a data-ct-non-breakable="null"

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Is this the end of Bitcoin DeFi?

Opinion by: Markus Bopp, CEO of TAP Protocol

Not long ago, the idea of Bitcoin as a government-backed reserve asset seemed like a stretch. The US Federal Reserve’s move to establish a Strategic Bitcoin Reserve marks a clear turning point. Once dismissed as a speculative asset or niche investment, Bitcoin is increasingly being treated by some governments and financial institutions as a national store of value.

This evolution puts blockchain development at a crossroads. On one hand, memecoins, once dismissed as internet jokes, have dominated transaction volumes and social buzz on leading platforms. On the other hand, institutions and governments are taking the world’s most popular cryptocurrency — Bitcoin (BTC) — seriously and investing in infrastructure to secure it for the long term.

If Bitcoin is to be treated like gold, it must be secured like gold. Very soon, we will see

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Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

Key points:

Bitcoin attacks liquidity clustered close to spot price into the weekly close.

Market commentators eye significant BTC price levels below $95,000.

The Fed’s upcoming interest rate decision is the key macro event to watch next week.

Bitcoin (BTC) fell toward $95,000 into the May 4 weekly close as traders braced for more macro-induced downside.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
BTC price liquidations mount after 10-week highs

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retreating from multimonth highs toward the May open.

Hitting liquidity clustered around spot price, Bitcoin created a recipe for volatility as market participants discussed key levels.

“Dense longs cluster 95.7k-96k, heavy shorts 96.5k-97k right around current price (~96.2k),” popular trader TheKingfisher wrote in part of ongoing analysis on X. 

“These are price magnets. Expect chop/volatility as they get tested.”BTC liquidation heatmap. Source:

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‘Everything is lining up’ — Tokenization is having its breakout moment

Tokenization of real-world assets (RWAs) is evolving from an abstract concept to a practical financial tool as institutional players increasingly test and deploy blockchain-based infrastructure at scale.

This past week alone saw a flurry of announcements from both traditional financial institutions and blockchain-native firms advancing their RWA initiatives.

On April 30, BlackRock filed to create a digital ledger technology shares class for its $150 billion Treasury Trust fund. It will leverage blockchain technology to maintain a mirror record of share ownership for investors.

The DLT shares will track BlackRock’s BLF Treasury Trust Fund (TTTXX), which may only be purchased from BlackRock Advisors and The Bank of New York Mellon (BNY).

On the same day, Libre announced plans to tokenize $500 million in Telegram debt through its new Telegram Bond Fund (TBF). The fund will be available to accredited investors and usable as collateral for onchain borrowing.

The week’s

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Binance to launch crypto payments in Kyrgyzstan with new partnership

Binance has signed a memorandum of understanding (MOU) with Kyrgyzstan’s National Agency for Investments to introduce crypto payment infrastructure and blockchain education in the country.

The MoU was formalized during the inaugural meeting of the Council for the Development of Digital Assets, attended by Kyrgyz President Sadyr Japarov, the exchange said in a May 4 press release.

As part of the agreement, Binance will introduce Binance Pay to Kyrgyzstan, enabling crypto-based transactions for visitors and residents.

The partnership also focuses on educational collaboration. Binance Academy will work with Kyrgyz government agencies and financial institutions to develop blockchain-focused learning programs.

“Binance is excited to partner with the National Agency for Investments of the Kyrgyz Republic to drive forward the development of crypto-assets in the region,” Kyrylo Khomiakov, Binance’s regional head for Central and Eastern Europe, said.

On April 4, former Binance CEO Changpeng “CZ” Zhao said he would <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/binance-founder-changpeng-zhao-advise-kyrgyzstan-crypto" rel="null" target="null"

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Pro-crypto Democrats pull support for stablecoin bill in last minute

A group of US Senate Democrats known for supporting the crypto industry have said they would oppose a Republican-led stablecoin bill if it moves forward in its current form.

The move threatens to stall legislation that could establish the first US regulatory framework for stablecoins, according to a May 3 report from Politico.

Per the report, nine Senate Democrats said in a joint statement that the bill “still has numerous issues that must be addressed.” They warned they would not support a procedural vote to advance the legislation unless changes are made.

Among the signatories were Senators Ruben Gallego, Mark Warner, Lisa Blunt Rochester and Andy Kim — all of whom had previously backed the bill when it passed through the Senate Banking Committee in March.

The bill, introduced by Senator Bill Hagerty, is formally known as the Guiding and Establishing National Innovation for

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Bitcoiners blast Arizona governor’s ‘ignorance’ after Bitcoin bill veto

Bitcoiners and United States government officials have criticized Arizona Governor Katie Hobbs’s decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves.

“This will age poorly,” Casa co-founder and cypherpunk Jameson Lopp said in a May 3 X post. Bitcoin (BTC) entrepreneur Anthony Pompliano said, “Imagine the ignorance of a politician to believe they can make investment decisions.”

Call for government officials who understand Bitcoin is “the future”

“If she can’t outperform Bitcoin, she must buy it,” Pompliano said. Crypto lawyer Andrew Gordon said, “We need more elected officials who understand that Bitcoin and crypto are the future.”

Source: Julian Fahrer

Wendy Rogers, who co-sponsored the bill with State Representative Jeff Weninger, also voiced her disappointment.

“Politicians don’t understand

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OKX fires back at Tron's Justin Sun over mysterious 'freeze notice'

OKX founder and CEO Star Xu has publicly defended the crypto exchange after Tron founder Justin Sun accused it of failing to act on a law enforcement request to freeze stolen funds following a recent hack of Tron’s official X account.

“OKX also has consumers protection policy according to law, we can’t freeze a customer’s funds according to your personal X post or an oral communication. I think you should understand it as the CEO of HTX,” Xu said in an X post.

OKX says there is no communication in the spam box, either

Xu said that the crypto exchange had not received any related correspondence through OKX’s official channels. “Our LE cooperation team just checked the email, including the spam box; we haven’t received any request related with this case,” Xu said.

Source: Star Xu

In what is now an unavailable X post,

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Warren Buffett to step down as Berkshire Hathaway CEO by year's end

Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company’s annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire’s board of directors.

According to CNBC, Buffett reiterated that Greg Abel, the company’s vice chairman of non-insurance operations, who was previously named by Buffett as his successor, will take over. The Berkshire founder announced:

“The time has arrived when Greg should become the Chief executive officer of the company at year-end, and I want to spring that on the directors effectively and give that as my recommendation.”

Buffett added that he would stay at the company in an advisory role “but the final word would be what Greg decided,” the CEO said. Buffett’s decision to step down as CEO comes at a time when Berkshire Hathaway is

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Bitcoin miners should pay costs in depreciating currency — Ledn exec

Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn.

In an interview with Cointelegraph, Glover said that holding onto the BTC carries several benefits including, price appreciation, tax deferment, and the potential to make extra revenue by lending out BTC held in corporate treasuries. The executive added:

“If you are mining, you are generating all this Bitcoin. You understand the thesis behind Bitcoin and why it is likely going to continue to appreciate in the future. You do not want to sell any of your Bitcoin.”

This debt-based approach is similar to companies like Strategy, which issue corporate debt and equity

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