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France Charges 25 People, Including 6 Minors, in Crypto Kidnapping Cases

French authorities have charged 25 people, including six minors, for their roles in a spate of crypto kidnappings in Paris, with the majority of the suspects connected to the recent failed kidnapping attempt of a crypto exchange CEO’s family, Paris’s public prosecutor’s office said, Le Monde reported Saturday.
The investigation is focused on the kidnapping attempt of the daughter and grandson of the CEO of crypto exchange Paymium, Pierre Noizat, that occurred on May 13, the report said.
The probe also looked at other unsuccessful kidnapping attempts, including an earlier attempt on Noizat’s family members, plus an attempted abduction near the western city of Nantes last Monday that authorities thwarted.
The arrests follow a spate of high-profile crypto kidnappings that have plagued France this year.
In May the father of a French crypto millionaire was kidnapped, the BBC reported. At the start of the year David Ballard, a co-founder of crypto-wallet developer Ledger was kidnapped alongside his wife. Both of the men had a finger severed, with videos of the appendage used to extract a ransom.
Following the recent kidnappings France’s Minister of the Interior Bruno Retailleau hosted a meeting with crypto stakeholders in May to discuss measures to keep them secure.
The suspects involved in the May 13 case were between the ages of 16 and 23 years; six of them were minors, the Le Monde report said. They were mostly born in France while three individuals were from Senegal, Angola and Russia, the report cited prosecutors as saying.
This case is characterized by «very young profiles, lured by money and then caught up in a situation that is beyond them,» observed lawyer Ambroise Vienet-Legué, who is defending an 18-year-old suspect in the Nantes part of the case, the report said.
A source familiar with the investigation told CoinDesk that the suspects are believed to be locally-hired muscle, who are paid by a criminal operation in Southeast Asia to carry out the kidnappings for as little as $10,000.
Eighteen people are in pre-trial detention, three have requested a deferred hearing while four are under judicial supervision, the public prosecutor said.
Though France has been the epicenter of crypto kidnappings, similar crimes are on the rise across the globe, including recent several cases in the U.S.
CoinDesk reached out to Paris’s prosecution office for a comment.
Read more: Suspects in Manhattan Crypto Kidnapping, Torture Case Plead Not Guilty As Investigation Widens
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Bitcoin Pushes Toward $107K Even as Trump Sends National Guard to Los Angeles

Bitcoin (BTC) BTC maintained a steady climb Saturday as U.S. domestic tensions intensified.
Markets remained focused on crypto resilience despite unsettling headlines, including an immigration-related standoff in Los Angeles.
According to a report by CNBC, over 100 arrests have been reported as clashes continued between protesters and federal agents, prompting President Trump to authorize the deployment of 2,000 National Guard troops. By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, according to Northern Command.
Further escalation came with Defense Secretary Pete Hegseth warning that U.S. Marines at Camp Pendleton could also be mobilized if violence persists. Still, Bitcoin’s stability at $106,332 suggests crypto investors remain unfazed, treating the unrest as a regional event rather than a market-moving crisis.
Bitcoin traded within a narrow $1,057 range, from $105,043 to $106,101, and is currently hovering at $106,332. The price action showed a strong rebound after briefly dipping below $105,100, as buying interest re-emerged around the $105,400 support level, according to CoinDesk Research’s technical analysis model.
An early breakout attempt above $106,100 ran into selling pressure, creating a high-volume resistance zone. That move was short-lived as profit-taking set in, though the coin held onto its gains. The consolidation structure remains bullish, with the pattern of higher lows hinting at a potential push toward $107,000 if resistance breaks cleanly.
Despite broader macro headwinds, BTC continues to attract buyers during dips, underscoring its role as a perceived hedge amid rising uncertainty.
Technical Analysis Highlights
- BTC traded within a $1,288 range (1.22%) between a low of $105,043.65 and a 24-hour high of $106,332.
- Resistance around $105,900–$106,100 was broken as price surged beyond this zone with strong volume during the early afternoon.
- Support at $105,400 held firm through several retests, reinforcing bullish sentiment.
- A breakout to $106,332 occurred around 13:48, followed by minor profit-taking and stabilization above $106,000.
- The hourly chart shows an ascending trend with consistent higher lows, invalidating the earlier «pump and dump» interpretation.
- With momentum intact, BTC may test the $107,000 resistance level if current support near $105,800 holds.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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Bitcoin Holds Above $105K Despite Donald Trump’s Threats Against Elon Musk

Bitcoin BTC held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week.
On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.”
Trump, who has often boasted of past support from Musk, firmly dismissed the idea of mending ties. “No,” he said when asked whether he wished to repair the relationship. “I would assume so, yeah,” he added when asked if the rift was permanent.
Despite the intensifying feud between two of the most influential figures in U.S. politics and technology, Bitcoin remained unfazed. The cryptocurrency held onto earlier gains and continues to trade near weekly highs. The market’s composure suggests that traders may increasingly view BTC as a hedge against institutional dysfunction, or at least as an asset insulated from the partisan fallout that tends to impact equities more directly.
Technical Analysis Highlights
- BTC traded in a 24-hour range of $1,162 (1.13%), from a low of $104,624 to a high of $105,786, according to CoinDesk Research’s technical analysis model.
- Strong support formed at $104,800, where above-average volume confirmed buyer interest.
- Resistance at $105,200 was broken and has since flipped into a short-term support zone.
- Volume peaked at 378 BTC during key breakout moments, especially around 13:43–13:46 and 13:53.
- A short consolidation occurred between $104,300–$104,600 before the final surge to near highs.
- An ascending price channel remains intact, showing bullish structure despite intermittent pullbacks.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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Ether Holds Steady Above $2,500 as ETF Demand Signals Institutional Confidence

Ether ETH has rebounded firmly from key support near $2,460, recovering losses and stabilizing above the $2,500 threshold amid broader market volatility.
The rally follows a higher low formation backed by above-average volume, signaling growing market confidence.
Institutional participation appears to be reinforcing the trend, with BlackRock’s ETHA ETF reporting $492 million in net inflows last week.
Total holdings now exceed $4.84 billion, reinforcing long-term bullish sentiment even as price action remains sensitive to geopolitical developments.
Traders are watching to see if ETH can challenge resistance in the $2,520–$2,530 range.
Technical Analysis Highlights
- ETH traded within a $72 range over 24 hours, from a low of $2,460.35 to a high of $2,532.41.
- A key support zone formed at $2,460–$2,470, where ETH bounced on strong volume during midnight hours.
- Final hour surge reached $2,515.11, backed by 5,919 ETH in volume.
- Higher low structure established with interim support at $2,485 and resistance at $2,503.
- Final retracement held support at $2,507, with price consolidating around $2,510 into the close.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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