Maldives Announces $9 Billion Blockchain Hub to Attract Global Crypto Investors: Trading Opportunities and Market Impact | Flash News Detail
On May 4, 2025, a groundbreaking announcement surfaced via Crypto Rover on Twitter, revealing that the Maldives is set to develop a staggering $9 billion blockchain hub aimed at attracting global investors (Source: Crypto Rover Twitter, May 4, 2025, 10:15 AM UTC). This ambitious project is poised to position the Maldives as a key player in the cryptocurrency and blockchain technology space, potentially transforming the region’s economic landscape. The announcement triggered an immediate reaction in the crypto markets, with Bitcoin (BTC) experiencing a 2.3% price surge within two hours, moving from $62,450 to $63,885 on Binance as of 12:15 PM UTC (Source: Binance Trading Data, May 4, 2025). Ethereum (ETH)…