Ethereum’s latest upgrade Pectra is driving rapid adoption of smart accounts changing the way users interact with the network. Data from analyst 0xKofi shows over 26,000 wallets have adopted the new smart account standard EIP-7702 enabling traditional Ethereum wallets to function like programmable smart contracts. This allows automation of spending scheduled payments multi-step transactions and even paying transaction fees in tokens other than ETH. Users can easily activate these advanced features by authorizing smart contracts without changing their wallet addresses.

Ethereum mainnet leads adoption with 13,013 smart accounts followed by Optimism with 5,588 Binance Smart Chain at 5,261 Coinbase-backed Base at 2,851 and Gnosis with 229 accounts. Altogether these accounts have executed nearly 124,000 authorizations since the upgrade. Binance Smart Chain currently has the highest number of active smart contracts at 69 closely followed by Ethereum’s 66 while Base, Optimism and Gnosis have 37, 9 and 6 respectively.

Exchange and wallet providers are actively embracing EIP-7702. WhiteBIT leads with 6,922 authorizations followed by MetaMask’s 5,188 and OKX Wallet’s 3,452 showing growing institutional confidence.

Data

Nakamoto Holdings Inc. has been announced as the title sponsor of the Bitcoin 2025 Conference, the world’s largest gathering of Bitcoin enthusiasts, uniting builders, leaders, and believers in the world’s most resilient monetary network. The event will take place May 27-29, 2025, at the Venetian Convention and Expo Center in Las Vegas, Nevada.

This landmark sponsorship follows Nakamoto’s recent merger with KindlyMD, Inc. (NASDAQ: KDLY), a Utah-based healthcare services provider, announced on May 12, 2025. The $710 million transaction, financed through $510 million raised via private placement in public equity (PIPE) at $1.12 per share and $200 million in senior secured…

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Bitcoin is surging in 2025, igniting speculation about a historic Bitcoin supercycle. After a volatile start to the year, renewed momentum, recovering sentiment, and bullish metrics have analysts asking: Are we on the cusp of a 2017 Bitcoin bull run repeat? This Bitcoin price analysis explores cycle comparisons, investor behavior, and long-term holder trends to assess the likelihood of an explosive phase in this cryptocurrency market cycle.

How the 2025 Bitcoin Cycle Compares to Past Bull Runs

The latest Bitcoin price surge has reset expectations. According to the BTC Growth Since Cycle Low chart, Bitcoin’s trajectory aligns closely with the 2016–2017 and 2020–2021 cycles,…

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Brazilian fintech company Méliuz has made headlines by acquiring 274.52 bitcoin worth $28.4 million after receiving strong shareholder support for its new bitcoin treasury strategy. The company now holds a total of 320.2 BTC valued at over $33.3 million based on current market prices.

Chairman Israel Salmen confirmed that Méliuz is now officially the first listed Bitcoin Treasury Company in Brazil. The firm said its goal is to grow its bitcoin holdings over time using its financial resources and market position to boost shareholder value through digital asset exposure.

Since its first bitcoin purchase on March 6 Méliuz stock has surged 116 percent rising from $0.68 to $1.47. Other firms like New York-based DayDayCook are joining the movement with plans to accumulate thousands of bitcoins in the coming years. The trend reflects growing confidence in bitcoin as a long-term store of value for corporate treasuries and a shift toward crypto-based financial strategies.

Source

Major investment players are doubling down on crypto with new filings showing Abu Dhabi’s Mubadala Investment Company and Citadel Advisors expanding their positions in BlackRock’s spot Bitcoin ETF iShares Bitcoin Trust or IBIT. Mubadala now holds 8.7 million IBIT shares worth $408 million as of March 31 up from 8.2 million at the end of 2024.

Citadel Advisors also made a big move growing its stake to over 3 million IBIT shares valued at $147 million up from just 1 million in December. The firm further showed strong exposure with $676 million in call options and $366 million in put options tied to IBIT. These developments signal continued confidence in Bitcoin among major institutions.

Other big players are also backing IBIT including Goldman Sachs Avenir Group and Millennium Management which still holds 17.5 million shares worth $823 million. Despite some exits like the State of Wisconsin Investment Board overall institutional interest in crypto remains solid and growing.

13F filing

Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake in the iShares Bitcoin Trust (IBIT), according to a 13F filing released today. The fund reported holding 8,726,972 shares as of March 31, 2025, an increase from 8,235,533 shares reported at the end of 2024. 

In a 13F filed today, Mubadala, the Abu Dhabi sovereign wealth fund, disclosed owning 8,726,972 shares of IBIT as of March 31, valued at $408.5 million.

That’s an increase from 8,235,533 shares previously reported as of December 31.

This is an important one.

Filing:…

— MacroScope (@MacroScope17) May 15, 2025

This big move from Mubadala adds fuel to the fire for U.S. spot Bitcoin ETFs, which have been…

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DDC Enterprise Ltd., a China- and U.S.-based consumer brand and e-commerce company, has announced plans to adopt Bitcoin as a strategic reserve asset, targeting the accumulation of 5,000 BTC over the next 36 months. The move, revealed in a shareholder letter today by Founder, Chairwoman, and CEO Norma Chu, positions DDC as one of the first companies in its sector to embrace Bitcoin as part of its core financial strategy. 

“I am exceptionally enthusiastic to announce DDC’s Bitcoin Accumulation Strategy, a cornerstone of our long-term value creation plan,” said Chu. “Bitcoin’s unique properties as a store of value and hedge against macroeconomic uncertainty align perfectly…

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