Crypto exchange CEO’s daughter fights off brazen kidnappers in Paris

Disclaimer: This article contains a video that may be disturbing for some readers.

A brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was foiled after the daughter and passersby reportedly fought off the kidnappers.

Three masked men attacked Noizat’s daughter and a male partner on May 13 while she was walking with her son in Paris’ 11th district. The assailants tried to force Noizat’s daughter and her son into a waiting van, the French state-owned media outlet France24 reported on May 13.

The accompanying male partner was assaulted when he tried to intervene, but Noizat’s daughter resisted and managed to take one of the guns off an assailant in a scuffle and throw it away, police said.

En plein Paris, un homme a été violenté par des individus cagoulés, habillés tout en noir. Ils tentaient de l’enlever.

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Tether buys $459M Bitcoin for Twenty One Capital

Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners.

Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor Equity Partners disclosed in a May 13 filing with the US Securities and Exchange Commission.

It brings Twenty One’s total Bitcoin holdings to 36,312 BTC, as Cantor Equity Partners holds 31,500 BTC on behalf of the firm, which will trade under the ticker XXI once the SPAC merger is complete.

Twenty One’s CEO, Jack Mallers, said on May 13 that they’re already in the approval process of the merger, but didn’t give an exact estimate on when the

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Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst

Key Takeaways:

Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20.

The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains.

Bitcoin (BTC) price continues to consolidate higher above $100,000 after the CBOE Volatility Index (VIX) dropped to its 30-year average of 20, down from a peak of 60 earlier in 2025. This decline follows a US-China trade deal on May 12, which introduced a 90-day tariff pause and a 115% reduction on both sides.

CBOE Volatility Index chart. Source: X.com

The agreement has fueled a “risk-on” sentiment, boosting Bitcoin and equities as investors lean into higher-risk assets, according to Bitcoin network economist Timothy Peterson. The analyst said, 

“$VIX dropped substantially yesterday on news of a potential China trade deal. It is now at ‘normal’

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US lawmakers call for change in corporate digital asset taxes

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.

In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US law in a way that could reduce what digital asset companies pay in taxes. The proposed adjustment was suggested as a way to modify a provision of the Inflation Reduction Act, signed into law in 2022.

“Our edge in digital finance is at risk if US companies are taxed more than foreign competitors,” said Lummis in a May 13 X post.

May 12 letter to Treasury Secretary Scott Bessent. Source: Cynthia Lummis

According to the two senators, the proposed modification would provide “relief

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CoinShares Q1 net profit falls to $24M

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.

Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins declined compared to the same period in 2024. Last year, CoinShares posted a net profit of $41.5 million and an EBITDA of $35.5 million in the first three months. Year-over-year, CoinShares’s net profit dropped 42.2% and its EBITDA fell 15.5%.

The firm’s ETPs contributed to the quarter’s performance. For Q1 2025, CoinShares’s ETPs saw net inflows of $268 million, with $202 million coming from its Physical Bitcoin (BITC) ETP. Revenue related to assets under management increased from $24.5 million to $29.6 million, a rise of 20.8%.

Year-to-date, CoinShares’s stock is down 9.4%, <a data-ct-non-breakable="null" href="https://www.google.com/finance/quote/CS:STO?window=YTD" rel="null" target="null"

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Coinbase invests in Canadian stablecoin issuer

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.

According to Coinbase Canada’s CEO, Lucas Matheson, the exchange is investing an undisclosed amount in Stablecorp and will help market its fiat-collateralized stablecoin, QCAD.

“It’s really important that we have a stablecoin for Canadians,” Matheson told Cointelegraph in an exclusive interview on May 13, adding that stablecoins are especially urgent because the country has “no peer-to-peer [payment] rail” and “wire transfers cost $45 and take 45 minutes of paperwork.”

“With stablecoins, 24/7, instant, borderless payments become possible — this is already feasible with existing tech,” he said. 

Lucas Matheson (left) and Sam Bourgi (right) on the sidelines of the Futurist Conference in Toronto. Source: Cointelegraph

Related: What Canada’s new Liberal PM Mark Carney means for crypto

Barriers to adoption

As of

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Solana network and DeFi activity suggest SOL price rally will continue

Key takeaways:

Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.

Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.

SOL’s 8% funding rate shows healthy leverage demand from bulls.

Solana’s native token SOL (SOL) surged 24.8% between May 6 and May 10, following the broader altcoin market rally after Bitcoin broke above $100,000. Since then, SOL has struggled to stay above $180, but derivatives and onchain data still suggest further gains are in store.

SOL/USD (blue) vs. altcoin market cap. Source: TradingView / Cointelegraph

While Solana ranks the fifth largest cryptocurrency by market capitalization, Solana Network is the vice-leader in key onchain metrics including the total value locked (TVL).

Blockchain ranked by TVL, USD. Source: DefiLlama

Solana’s $10.9 billion total value locked (TVL) surpasses the entire Ethereum layer-2 ecosystem, which includes Base, Arbitrum, and Avalanche. Even BNB Chain, which integrates seamlessly with

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What are the next steps for the US stablecoin bill?

Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry.

The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, failed to get enough votes to pass in the US Senate on May 8 amid calls from some Democratic lawmakers to halt any legislation related to digital assets until Republicans could address Trump’s potential conflicts of interest.

Immediately following the vote, some lawmakers from both parties suggested they could reconsider the bill as early as this week, but without agreeing on a bipartisan path forward.

After the GENIUS Act failed to proceed in a 48 to 49 vote in the Senate, Majority Leader John Thune made a motion to reconsider, setting

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Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

Key takeaways:

Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. 

Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs.

Analysts warn of a potential short-term correction, especially if gold weakens or seasonal trends play out.

Optimism has returned to the crypto markets, and many traders believe Bitcoin (BTC) price is on the path to new all-time highs. In just one month, Bitcoin surged 39%, briefly crossing the $105,000 mark. According to Glassnode analysts, “there are signs of renewed market strength, and the market is trading within a profit-dominated regime.”

Still, not everyone is convinced the rally will continue unchecked. Some investors are already taking profits, pushing Bitcoin’s realized cap to an all-time high of $889 billion. Even more profit-taking is expected at the $106,000 level.

Historically, euphoric market sentiment

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Altcoins’ roaring returns and falling USDT stablecoin dominance suggest ‘altseason’ is here

Key Takeaways:

Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason.

USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into Bitcoin and other cryptocurrencies.

The cryptocurrency market shows signs that an altseason, a period where altcoins significantly outperform Bitcoin (BTC), could be on the horizon. Technical charts and market sentiment align to suggest that May 2025 might start a broader altcoin rally, driven by key indicators and shifting capital flows.

The TOTAL2 chart, representing the total market capitalization of all cryptocurrencies, excluding Bitcoin, has broken above a downtrend line in place since January 2025. This breakout is accompanied by a bullish break of structure (BOS) on the daily chart, forming higher-low patterns.

TOTAL2 chart 1-day. Source: Cointelegraph/TradingView

A decisive move above the $1.25 trillion resistance level could support a decisive uptrend comprised of higher lows and higher

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