🎉 Bitcoin Hits $112k, Kraken Launches Solana Stocks
Source: theblock.co — 5/22/2025
Happy Bitcoin Pizza Day! Back in 2010, two pizzas were bought for 10,000 BTC, which are now worth $1.1 billion. Celebrating this, Bitcoin recently reached a new peak of $112,000, as analysts highlight the "buy in May" strategy. Meanwhile, Kraken aims to launch Solana-based tokenized stock trading outside the U.S., offering over 55 assets like Apple and Tesla. Additionally, SafeMoon's CEO was convicted of crypto fraud, facing up to 45 years in prison. In legislative news, a stablecoin bill could significantly boost U.S. Treasury demands. However, the Cetus Protocol suffered a $223 million exploit, causing a sharp fall in related tokens. Stay updated with The Block's daily digest.