1.  Bitcoin Soars to $111,507, Reaches New Monthly High
Bitcoin (BTC) has hit a fresh monthly high, trading at $111,507, marking a 3.8% increase in the last 24 hours, according to the latest data from CoinGecko. 

2. Abraxas Capital's 10x Leveraged Short on BTC, ETH, SOL Faces $25M Unrealized Loss
Abraxas Capital is reportedly using two wallet addresses to short BTC, ETH, and SOL with 10x leverage on Hyperliquid, possibly to hedge their spot holdings, currently facing over $25 million in unrealized losses.

3. Papa John's Launches Papa Rewards for Bitcoin Pizza Day
MetaEra
Papa John's introduces Papa Rewards to celebrate Bitcoin Pizza Day, offering incentives for cryptocurrency enthusiasts.

4. On May 22, 2025, OKX officially launched the wrapped Bitcoin asset xBTC, enabling seamless participation in multi-chain DeFi ecosystems including Solana, Sui, and Aptos, with support for lending and liquidity mining.