π Bitcoin ETFs Keep Buying β 26,729 BTC Added in May (So Far)
In May 2025, spot Bitcoin ETFs have already added 26,729 BTC to their holdings β showing continued institutional interest.
π While it's far from the all-time monthly record of 116,000 BTC set in February 2024, the steady accumulation signals ongoing confidence from major players.
In May 2025, spot Bitcoin ETFs have already added 26,729 BTC to their holdings β showing continued institutional interest.
π While it's far from the all-time monthly record of 116,000 BTC set in February 2024, the steady accumulation signals ongoing confidence from major players.
π5
Vitalik Buterin proposes scaling Ethereum without sacrificing decentralization π
He suggested updating Ethereumβs roadmap to significantly raise the network's throughput (by increasing the gas limit), while still allowing users to run their own nodes. βοΈ
His proposal centers on partially stateless nodes β nodes that validate blocks without storing the full state, keeping only relevant data (e.g., token balances the user interacts with). Combined with EIP-4444, which limits on-node history to 36 days, this would reduce the burden on full nodes. π§
The goal: scale Ethereum by 10β100Γ, while preserving the core principle of user sovereignty β the ability to access and verify blockchain data independently, without relying on third-party services. π
He suggested updating Ethereumβs roadmap to significantly raise the network's throughput (by increasing the gas limit), while still allowing users to run their own nodes. βοΈ
His proposal centers on partially stateless nodes β nodes that validate blocks without storing the full state, keeping only relevant data (e.g., token balances the user interacts with). Combined with EIP-4444, which limits on-node history to 36 days, this would reduce the burden on full nodes. π§
The goal: scale Ethereum by 10β100Γ, while preserving the core principle of user sovereignty β the ability to access and verify blockchain data independently, without relying on third-party services. π
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π HODL Mode: 17% of All BTC Untouched for Over 10 Years
A record-breaking 3.37M BTC (over 17% of total supply) havenβt moved in 10+ years β the highest ever.
π€ Coins dormant for 3β5 years also surged to 2.87M BTC, up by 700K.
Meanwhile, 8% of BTC is actively circulating (moved in the last month) β the highest level since Jan 2024.
π Takeaway: Some are cashing out, but long-term holders are stronger than ever. The diamond hands are still in charge πβ
A record-breaking 3.37M BTC (over 17% of total supply) havenβt moved in 10+ years β the highest ever.
π€ Coins dormant for 3β5 years also surged to 2.87M BTC, up by 700K.
Meanwhile, 8% of BTC is actively circulating (moved in the last month) β the highest level since Jan 2024.
π Takeaway: Some are cashing out, but long-term holders are stronger than ever. The diamond hands are still in charge πβ
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π Arthur Hayes predicts altseason by Q3!
Legendary ex-Bitmex CEO is back with bold forecasts:
πΈ Altseason kicks off this summer or early Q3.
πΈ ETH > SOL in performance over next 18β24 months.
πΈ BTC to hit $250K by end of 2025.
πΈ And long-term? Hayes sees $1M Bitcoin before Trump leaves office.
Ready or not β the moon math is back! ππ
π Full article
Legendary ex-Bitmex CEO is back with bold forecasts:
πΈ Altseason kicks off this summer or early Q3.
πΈ ETH > SOL in performance over next 18β24 months.
πΈ BTC to hit $250K by end of 2025.
πΈ And long-term? Hayes sees $1M Bitcoin before Trump leaves office.
Ready or not β the moon math is back! ππ
π Full article
π5
π³ Strategy keeps stacking BTC!
From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin.
π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply.
π° Total spent since 2020: $40.18B
π Avg buy price: $69,726
From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin.
π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply.
π° Total spent since 2020: $40.18B
π Avg buy price: $69,726
π4π2
π¦πΊ Australian Court Rules Bitcoin Is Money, Not an Asset π΅
βοΈ In a landmark decision, an Australian judge has ruled that Bitcoin qualifies as a form of money, not an asset β a classification that could exempt it from capital gains tax.
π The ruling may pave the way for up to $1 billion in tax refunds for investors and set a major legal precedent for how digital assets are treated in Australia.
While not yet a broad policy shift, the case could influence future crypto taxation frameworks β both in Australia and beyond.
βοΈ In a landmark decision, an Australian judge has ruled that Bitcoin qualifies as a form of money, not an asset β a classification that could exempt it from capital gains tax.
π The ruling may pave the way for up to $1 billion in tax refunds for investors and set a major legal precedent for how digital assets are treated in Australia.
While not yet a broad policy shift, the case could influence future crypto taxation frameworks β both in Australia and beyond.
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Crypto soothsayer
π³ Strategy keeps stacking BTC! From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin. π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply. π° Total spent since 2020: $40.18Bβ¦
βοΈ Saylorβs Strategy under fire
π A class action lawsuit has been filed against Strategy (ex-MicroStrategy), Michael Saylor, and executives, alleging they misled investors about the risks and profitability of their aggressive Bitcoin investment strategy.
π The case covers April 2024 to April 2025.
πΌ Claims include failure to disclose risks tied to Bitcoin volatility and potential losses under updated accounting rules.
π° Plaintiffs seek damages and legal costs.
Strategy says it will βvigorously defendβ itself β but the legal storm has just begun. π©
π A class action lawsuit has been filed against Strategy (ex-MicroStrategy), Michael Saylor, and executives, alleging they misled investors about the risks and profitability of their aggressive Bitcoin investment strategy.
π The case covers April 2024 to April 2025.
πΌ Claims include failure to disclose risks tied to Bitcoin volatility and potential losses under updated accounting rules.
π° Plaintiffs seek damages and legal costs.
Strategy says it will βvigorously defendβ itself β but the legal storm has just begun. π©
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π Arkham revisits Germanyβs infamous Bitcoin sell-off
The German government sold 49,958 BTC for $2.9B at an average price of $57,900 β right at what now looks like a key support level. π°π
In hindsight, the sale appears poorly timed: with current prices much higher, Germanyβs "supportive exit" may have cost taxpayers around $2.35B in unrealized gains. π
A historic example of why timing matters β even for governments. β³
The German government sold 49,958 BTC for $2.9B at an average price of $57,900 β right at what now looks like a key support level. π°π
In hindsight, the sale appears poorly timed: with current prices much higher, Germanyβs "supportive exit" may have cost taxpayers around $2.35B in unrealized gains. π
A historic example of why timing matters β even for governments. β³
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π Ethereum supply on exchanges hits 10-year low
For the first time in a decade, only 4.9% of all ETH is held on centralized exchanges β signaling strong holding sentiment. π
Meanwhile, BTC supply on exchanges has also dropped to 7.1%, its lowest level since Nov 2018.
Unlikely that ETH is simply moving to DEXes β the trend points to reduced sell pressure and potential for upward price momentum. π§
For the first time in a decade, only 4.9% of all ETH is held on centralized exchanges β signaling strong holding sentiment. π
Meanwhile, BTC supply on exchanges has also dropped to 7.1%, its lowest level since Nov 2018.
Unlikely that ETH is simply moving to DEXes β the trend points to reduced sell pressure and potential for upward price momentum. π§
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π’ Bybit launches stock trading with USDT
Bybit now allows users to trade top stocks like TSLA, MSTR, NVIDIA, META and more β directly using USDT.
The new feature is part of Bybitβs Gold & FX platform expansion. It opens access to traditional markets without leaving the crypto ecosystem. π§ π
π More details in the official announcement
Bybit now allows users to trade top stocks like TSLA, MSTR, NVIDIA, META and more β directly using USDT.
The new feature is part of Bybitβs Gold & FX platform expansion. It opens access to traditional markets without leaving the crypto ecosystem. π§ π
π More details in the official announcement
π₯7
πΊπΈ SEC delays decision on Solana ETFs
The SEC has postponed its decision on Solana ETF applications from 21Shares, Bitwise, and VanEck. π€·
π The regulator opened a public comment period, signaling that final approval (or rejection) wonβt come soon.
While the delays were expected, the market continues to watch closely β approval could mark a major milestone for SOLβs institutional adoption. π§
π 21Shares & Bitwise
π VanEck filing
The SEC has postponed its decision on Solana ETF applications from 21Shares, Bitwise, and VanEck. π€·
π The regulator opened a public comment period, signaling that final approval (or rejection) wonβt come soon.
While the delays were expected, the market continues to watch closely β approval could mark a major milestone for SOLβs institutional adoption. π§
π 21Shares & Bitwise
π VanEck filing
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π¨ Warning: Bitcoin-stealing malware in printer drivers
π΅π» Researchers have discovered malware in official drivers from Chinese printer brand Procolored, known for UV printers for mugs, T-shirts, and more. π¨β οΈ
π The malware was hidden in drivers uploaded to MEGA since October 2023 and silently replaced copied crypto wallet addresses with those of attackers.
πΈ Over $950,000 in BTC has already been stolen.
π§Ό If you installed Procolored software β scan your system or reinstall your OS immediately.
The company claims it removed the infected files on May 8.
π Details
π΅π» Researchers have discovered malware in official drivers from Chinese printer brand Procolored, known for UV printers for mugs, T-shirts, and more. π¨β οΈ
π The malware was hidden in drivers uploaded to MEGA since October 2023 and silently replaced copied crypto wallet addresses with those of attackers.
πΈ Over $950,000 in BTC has already been stolen.
π§Ό If you installed Procolored software β scan your system or reinstall your OS immediately.
The company claims it removed the infected files on May 8.
π Details
πΎ5β€1
π Fidelity: Bitcoin is catching up to gold as a store of value
Jurrien Timmer, Fidelityβs Director of Global Macro, says BTCβs price above $100K and rising Sharpe ratio shows itβs ready to rival gold.
π Key insights:
βͺοΈBitcoin's risk-adjusted returns now rival goldβs β boosting its store-of-value (SoV) status.
βͺοΈTimmer recommends a 4:1 gold-to-BTC ratio for SoV portfolios.
βͺοΈDespite a weak Q1, BTC ETF inflows are recovering as macro conditions improve.
π In 2025, gold surged 30%, while BTC rose only 3.8%, but analysts now project BTC targets of $110Kβ$444K this year.
Jurrien Timmer, Fidelityβs Director of Global Macro, says BTCβs price above $100K and rising Sharpe ratio shows itβs ready to rival gold.
π Key insights:
βͺοΈBitcoin's risk-adjusted returns now rival goldβs β boosting its store-of-value (SoV) status.
βͺοΈTimmer recommends a 4:1 gold-to-BTC ratio for SoV portfolios.
βͺοΈDespite a weak Q1, BTC ETF inflows are recovering as macro conditions improve.
π In 2025, gold surged 30%, while BTC rose only 3.8%, but analysts now project BTC targets of $110Kβ$444K this year.
π₯7
π Solana Unveils Major Upgrade: Alpenglow
π§βπ» Solana developers have proposed Alpenglow, the networkβs largest technical overhaul to date, aiming to radically boost speed, scalability, and reliability.
π§ Key changes:
πΈNew consensus: TowerBFT will be replaced by Votor, enabling block finalization in just 100β150 ms.
πΈImproved data transfer: Rotor will replace Turbine, easing load on nodes and accelerating block propagation.
π― The goal: to make Solana faster and more stable β even under heavy usage.
Anza, a Solana Labs division, is leading the upgrade. Founder Anatoly Yakovenko calls it a βsimple and elegant solution to core challenges.β
π More details
π§βπ» Solana developers have proposed Alpenglow, the networkβs largest technical overhaul to date, aiming to radically boost speed, scalability, and reliability.
π§ Key changes:
πΈNew consensus: TowerBFT will be replaced by Votor, enabling block finalization in just 100β150 ms.
πΈImproved data transfer: Rotor will replace Turbine, easing load on nodes and accelerating block propagation.
π― The goal: to make Solana faster and more stable β even under heavy usage.
Anza, a Solana Labs division, is leading the upgrade. Founder Anatoly Yakovenko calls it a βsimple and elegant solution to core challenges.β
π More details
π4π₯3β€1
π Long-term Bitcoin holders are cashing out
According to CryptoQuant, BTC holders with coins aged 18β36 months have sold over 2 million BTC since November 2023 β totaling $138 billion in realized value. π°
π» These long-term holders are gradually exiting, and analysts expect another 500,000 BTC could hit the market by the end of 2025.
Such supply pressure could influence price dynamics β especially if demand doesn't keep up.
According to CryptoQuant, BTC holders with coins aged 18β36 months have sold over 2 million BTC since November 2023 β totaling $138 billion in realized value. π°
π» These long-term holders are gradually exiting, and analysts expect another 500,000 BTC could hit the market by the end of 2025.
Such supply pressure could influence price dynamics β especially if demand doesn't keep up.
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Bitcoin nearly hit $108,000, stopping just short of its all-time high at $109,800 β then decided it was time for a βhealthy correction.β π
Think of it like running a marathon, seeing the finish line... and deciding to tie your shoelaces first. π
Marketβs still bullish overall, but the correction reminds everyone: even rockets need to refuel before the final push. π
Think of it like running a marathon, seeing the finish line... and deciding to tie your shoelaces first. π
Marketβs still bullish overall, but the correction reminds everyone: even rockets need to refuel before the final push. π
π6π₯5
KULR Technology Group has expanded its Bitcoin holdings, purchasing an additional 83.3 BTC for $9 million at an average price of $103,234 per coin. π°
As of May 20, the company holds a total of 800 BTC, acquired for $78 million at an average price of $97,597. KULR began its Bitcoin accumulation last year, following the strategy popularized by Michael Saylor. π
In response to the news, Saylor dubbed KULRβs CEO, Michael Mo, βMichael Mo(re) Bitcoinβ β a nod to both his name and growing BTC appetite. π
As of May 20, the company holds a total of 800 BTC, acquired for $78 million at an average price of $97,597. KULR began its Bitcoin accumulation last year, following the strategy popularized by Michael Saylor. π
In response to the news, Saylor dubbed KULRβs CEO, Michael Mo, βMichael Mo(re) Bitcoinβ β a nod to both his name and growing BTC appetite. π
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π¨ A U.S. tourist in London lost $123,000 in crypto after falling victim to a fake Uber scam π
πΊ After a night out, Jacob Irwin-Cline got into the wrong car β the driver knew his name, offered a spiked cigarette, and gained access to his phone and crypto wallets while he was sedated.
The thief drained $72K in XRP, $50K in BTC, and smaller coins before ditching him in an unknown area. π°π
This is the latest in a wave of so-called "$5 wrench attacks" across Europe β where brute force beats blockchain. π§
β οΈ Reminder: Crypto is decentralized, but your phone isn't. Stay alert.
πΊ After a night out, Jacob Irwin-Cline got into the wrong car β the driver knew his name, offered a spiked cigarette, and gained access to his phone and crypto wallets while he was sedated.
The thief drained $72K in XRP, $50K in BTC, and smaller coins before ditching him in an unknown area. π°π
This is the latest in a wave of so-called "$5 wrench attacks" across Europe β where brute force beats blockchain. π§
β οΈ Reminder: Crypto is decentralized, but your phone isn't. Stay alert.
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Circle co-founder Sean Neville is building an AI-native bank, backed by an $18M raise led by a16z Crypto. π€ π°
His new venture, Catena Labs, aims to launch a fully regulated financial institution designed for a world where AI agents conduct most transactions.
Think: AI doing your banking β with humans watching the dashboard. π§ π³
Key points:
πΈExisting financial systems are βtoo slow and rigidβ for AI agents
πΈCatena will use AI-specific compliance & risk models
πΈStablecoins like USDC = AI-native money
πΈEarly toolkit: Agent Commerce Kit (ACK) for verified AI identity
His new venture, Catena Labs, aims to launch a fully regulated financial institution designed for a world where AI agents conduct most transactions.
Think: AI doing your banking β with humans watching the dashboard. π§ π³
Key points:
πΈExisting financial systems are βtoo slow and rigidβ for AI agents
πΈCatena will use AI-specific compliance & risk models
πΈStablecoins like USDC = AI-native money
πΈEarly toolkit: Agent Commerce Kit (ACK) for verified AI identity
π7π₯2β€1