Crypto markets are gearing up for a surge according to Arthur Hayes co-founder of BitMEX who predicts Bitcoin is on the verge of breaking $110,000 and possibly reaching up to $200,000. Hayes forecasts this significant rally could begin as soon as June or early in the third quarter fueled by increased liquidity and higher trading volumes. He suggests such a rally is essential for a true altcoin boom although warns older cryptocurrencies might lag behind.

Hayes favors Ethereum over Solana for the coming bull market highlighting Ethereum’s stronger developer community deeper fundamentals and superior security from its proof-of-stake model. Despite Solana’s impressive recent gains Ethereum remains his top choice due to its larger ecosystem and higher overall market stability.

Looking further ahead Hayes is bullish on Bitcoin’s long-term potential projecting a staggering $1 million price by the end of a possible second Trump presidency in 2028. He argues excessive dollar liquidity from U.S. government financial strategies will boost Bitcoin and other risk assets significantly in the years ahead.

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Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption.

The business intelligence firm purchased the Bitcoin at an average price of $103,498 per coin between May 12 and May 18, funded through a combination of stock offerings. The company raised $705.7 million through an at-the-market (ATM) offering of Class A common stock, and an additional $59.7 million from issuing 621,555 shares of Series A STRK preferred stock.

This latest acquisition brings Strategy’s total Bitcoin…

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Major cryptocurrency player Strategy has acquired an additional 7,390 bitcoins worth approximately $764.9 million. The purchase took place at a high average price of $103,498 per bitcoin highlighting bullish confidence in bitcoin’s future value. This recent acquisition brings Strategy’s total holdings to a remarkable 576,230 bitcoins further solidifying its position as one of the largest institutional holders of cryptocurrency.

The year-to-date performance for Strategy is also impressive boasting a bitcoin yield of 16.3%. The significant growth demonstrates the ongoing strength and market momentum for bitcoin. Such moves by major financial institutions signal increasing mainstream acceptance and reinforce investor optimism about cryptocurrency adoption and stability.

As of May 18 2025 Strategy’s total investment in bitcoin stands at roughly $40.18 billion with an average acquisition price around $69,726 per bitcoin. This strategic expansion by the company may influence other corporate giants to follow suit potentially boosting bitcoin’s market value even further.

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Metaplanet Inc. a Tokyo-based bitcoin treasury company has acquired 1,004 more bitcoin pushing its total holdings to 7800 BTC. The purchase was made at an average price of ¥15,134,304 per bitcoin resulting in an investment of nearly ¥15.2 billion. This move highlights the company’s aggressive strategy to expand its bitcoin portfolio.

The firm reported a bitcoin yield of 417% for the period between July and September 2024. In the following quarter the yield surged to an impressive 3,098%. These results show the strong performance of Metaplanet’s bitcoin investments over the past months and signal growing confidence in its treasury strategy.

Metaplanet continues to prioritize shareholder value through its Bitcoin Treasury Operations. By increasing its bitcoin reserves the company aims to capitalize on long-term crypto growth while reducing dilution risks. The latest acquisition further solidifies Metaplanet’s position as a key institutional player in the global crypto space.

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Steak ‘n Shake recently made headlines by officially accepting bitcoin payments via the Lightning Network across all its U.S. locations. The integration of Bitcoin payments at over 500 locations is a monumental moment for both the fast food industry and the broader retail sector.

This is not just something that Steak ‘n Shake is testing in a handful of locations, they are doing a full-scale rollout, fully embracing Bitcoin. 

With more than 100 million customers a year, Steak ‘n Shake’s integration of Lightning—Bitcoin’s fast, low-fee payment layer—makes it easier than ever to use Bitcoin in day-to-day life. Buying a burger and a shake with sats? That’s now a…

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CME Group is set to debut XRP futures and Micro XRP futures contracts on Monday May 19 marking a major step for regulated crypto derivatives. The contracts will go live on CME Globex and be cleared through CME ClearPort with early access available Sunday evening. Each standard contract will represent 50,000 XRP while Micro contracts will represent 2,500 XRP both cash-settled using the CME CF XRP-Dollar Reference Rate.

Giovanni Vicioso CME’s Global Head of Cryptocurrency Products said interest in XRP and its underlying ledger continues to rise as institutional and retail adoption grows. The addition of XRP futures gives investors a regulated capital-efficient tool to trade the fourth-largest digital asset by market cap. These new products join CME’s expanding crypto lineup which already includes Bitcoin Ethereum and recently added Solana futures.

Launch comes amid ongoing legal uncertainty for Ripple as a judge denied a proposed settlement with the SEC. Despite that XRP futures offer institutions a new path for exposure while demand for crypto derivatives surges.