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MicroStrategy boosted its Bitcoin holdings with a $1.5B purchase, while Binance topped CoinDesk’s exchange rankings. Bitcoin held above $100K, with forecasts of $220K-$250K, and BlackRock’s Bitcoin ETF surpassed $50B in assets. PayPal partnered with Perplexity for AI-driven crypto payments, and Canada’s clear crypto rules drew Wall Street interest. Bloomberg predicted 90% approval odds for Solana ETFs, and Jack Mallers’ Twenty One Capital bought 4,812 BTC. The Infinite Node Foundation acquired CryptoPunks IP, and Ethereum’s network upgrade boosted staking yields. Sourced from Cointelegraph, CoinDesk, Reuters, and verified X posts by Binance and PayPal, these stories highlight institutional momentum, regulatory progress, and technological advances. Readers must verify details due to market volatility, as these events signal crypto’s growing mainstream integration.
1. MicroStrategy Increases Bitcoin Holdings with $1.5B Purchase
MicroStrategy purchased 14,500 BTC for $1.5 billion, raising its total Bitcoin holdings to over 550,000 BTC, reinforcing its strategy as a corporate crypto treasury. The acquisition, announced via CoinDesk, reflects strong confidence in Bitcoin’s long-term value amid market volatility. The move has sparked renewed interest in corporate adoption of digital assets. Analysts view MicroStrategy’s aggressive buying as a catalyst for institutional investment trends.
Source: CoinDesk
2. Binance Tops CoinDesk’s Exchange Benchmark Ranking
Binance secured the #1 spot among 87 global exchanges in CoinDesk’s Exchange Benchmark Report, excelling in spot and derivatives trading. The ranking highlights Binance’s robust liquidity, security, and user base, reinforcing its market leadership. The announcement sparked positive sentiment among traders on X. Binance’s compliance efforts with global regulators further bolstered its reputation as a trusted platform.
Source: X Post by @CoinDesk
3. Bitcoin Holds Above $100K, Analysts Eye $220K-$250K
Bitcoin maintained a price above $103,000 after testing $100,000, with analysts like Scott Melker predicting a potential surge to $250,000 by December 2025. A gold-based forecast by Apsk32 suggested a more conservative $220,000 target, citing Bitcoin’s correlation with gold price movements. The bullish outlook is fueled by institutional buying and ETF inflows. Strong demand from U.S. and Asian markets continues to drive Bitcoin’s upward momentum.
Source: CoinDesk
4. PayPal Partners with Perplexity for AI-Driven Crypto Payments
PayPal announced a partnership with AI platform Perplexity to allow customers to transact using stablecoins or crypto holdings via AI chats, unveiled at Consensus 2025. The initiative aims to integrate blockchain with AI for seamless digital commerce. PayPal’s blockchain VP highlighted its potential to transform online shopping. The collaboration positions PayPal as a leader in merging AI and crypto technologies for mass adoption.
Source: CNBC
5. Canada’s Crypto Regulations Attract Wall Street Interest
Canada’s transparent crypto regulations have made it a launchpad for blockchain growth, drawing attention from Wall Street firms at Consensus 2025 in Toronto. Companies like JPMorgan and Chainlink announced a $100B platform to tokenize real-world assets, leveraging Canada’s framework. Robinhood’s crypto chief projected $900M in Canadian crypto revenue for 2025. The regulatory clarity has spurred partnerships between traditional finance and blockchain innovators.
Source: CNBC – U.S. has struggled for crypto clarity
6. Bloomberg Predicts 90% Approval Odds for Solana ETFs
Bloomberg ETF analysts estimated a 90% likelihood of SEC approval for Solana spot ETFs, alongside Crypto Index and Litecoin, driven by Solana’s robust DeFi ecosystem. The potential approval could attract significant institutional investment into SOL. Discussions on X highlighted optimism for Solana’s market impact. Approval would mark a milestone for altcoin-based financial products in the U.S. market.
Source: X Post by @Cointelegraph
7. Jack Mallers’ Twenty One Capital Buys 4,812 BTC
Jack Mallers’ Twenty One Capital purchased 4,812 Bitcoin for $459 million, reinforcing confidence in BTC’s long-term value. The acquisition, announced via Cointelegraph, aligns with institutional accumulation trends. It sparked discussions on X about Bitcoin’s role as a store of value. The move is seen as a strategic bet on Bitcoin’s resilience amid global economic uncertainty.
Source: X Post by @Cointelegraph
8. BlackRock’s Bitcoin ETF Surpasses $50 Billion in Assets
BlackRock’s iShares Bitcoin Trust (IBIT) reached $50 billion in assets under management, becoming the largest crypto ETF globally. The milestone, driven by institutional inflows, highlights Bitcoin’s growing acceptance in traditional finance. Cointelegraph noted IBIT’s dominance over other spot Bitcoin ETFs launched in 2024. The achievement has fueled optimism for further mainstream crypto adoption.
Source: X Post by @Cointelegraph
9. Infinite Node Foundation Acquires CryptoPunks IP
The Infinite Node Foundation acquired the intellectual property of CryptoPunks, a leading NFT collection, from Yuga Labs, aiming to expand its cultural and commercial reach. The deal, announced on X, reflects growing institutional interest in digital collectibles. It marks a shift in the NFT market toward established players consolidating assets. The acquisition could drive new use cases for CryptoPunks in Web3 ecosystems.
Source: X Post by @Cointelegraph
10. Ethereum’s Network Upgrade Boosts Staking Yields
Ethereum’s latest network upgrade, implemented on May 14, improved staking yields by optimizing validator rewards, boosting returns for ETH stakers. The upgrade enhances network efficiency and security, addressing concerns about scalability in DeFi applications. Cointelegraph reported increased institutional staking activity following the upgrade. The development strengthens Ethereum’s position as a leading blockchain for decentralized finance.
Source: X Post by @Cointelegraph
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