As of May 20, 2025, Michael Saylor's company, Strategy (formerly MicroStrategy), has made a significant $BTC Bitcoin acquisition. Between May 12 and May 18, the firm purchased an additional 7,390 BTC for approximately $764.9 million, at an average price of $103,498 per Bitcoin . This brings Strategy's total holdings to 576,230 $BTC , acquired at an average cost of around $69,726 per coin, totaling approximately $40.18 billion .
Despite this substantial investment, Strategy is currently facing a class-action lawsuit filed on May 16, 2025. The lawsuit alleges that the company and its executives, including Michael Saylor, misled investors about the risks and profitability of their Bitcoin strategy, citing a $5.9 billion unrealized loss in Q1 2025 .
🚀 Binance Square Launches $5,000 EOS Trading Challenge
Binance Square, in collaboration with Vaulta, has initiated the #MyEOSTrade campaign—a trading challenge offering a $5,000 EOS token voucher reward pool.
🗓️ Campaign Duration: May 19, 2025, 06:00 UTC – May 26, 2025, 23:59 UTCBinance
💡 How to Participate:
Trade EOS on Binance Spot: Execute trades of at least $20 equivalent in EOS. Multiple trades increase your chances of earning rewards.
Share Your Trade via EOS Terminal on Binance Square: Include a caption explaining your trade setup (minimum 100 characters) and tag it with #MyEOSTrade.
Optional Bonus: Share a screenshot of your trade performance on X (formerly Twitter), include the link to your Binance Square post, and submit the X post link via a provided survey. Up to three submissions are allowed.
🏆 Reward Distribution:
Best Entry: $500 total (capped at $25 per user) for participants with the lowest EOS buy price.
Highest Exit: $500 total (capped at $25 per user) for participants with the highest EOS sell price.
Main Prize Pool: $3,000 total (capped at $5 per user), distributed proportionally based on the number of eligible Binance Square posts.
Bonus Prize Pool: $1,000 total (capped at $10 per user), distributed based on eligible X posts.coinstats.
This initiative aims to foster community engagement and provide traders with an opportunity to showcase their strategies while earning rewards. Binance
📈 What Is MyEOSTrade?
MyEOSTrade is a platform that enables users to trade cryptocurrencies directly on the EOS blockchain. It offers a range of tools and features to enhance the trading experience, including:Binance
Decentralized Trading: Trade cryptocurrencies directly on the $EOS blockchain.
User-Friendly Interface: An intuitive platform suitable for traders of all levels.
Advanced Trading Tools: Access to various trading indicators and analytics.
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025 saw significant progress today, May 20, 2025. The U.S. Senate advanced the bill with a key procedural vote, passing 66-32 to limit debate, allowing it to move toward final passage. This follows a failed attempt earlier in May when the bill fell short of the 60 votes needed due to Democratic concerns, particularly over potential conflicts of interest tied to President Donald Trump’s family crypto ventures, including the USD1 stablecoin. After negotiations, revisions to the bill’s text secured support from some Democratic holdouts, notably Sen. Mark Warner (D-VA), who called it a “meaningful step forward” for regulating the $250 billion stablecoin market.However, opposition persists. Progressive groups like Americans for Financial Reform and Democracy Defenders Action, along with Sen. Elizabeth Warren (D-MA), argue the bill could enable corruption and give Big Tech excessive economic power by allowing companies like Amazon or Meta to issue stablecoins. Critics also highlight national security risks, citing crypto’s use in illicit financing. Despite this, proponents, including Sen. Bill Hagerty (R-TN), emphasize the bill’s consumer protections, such as 1:1 reserve requirements, transparency mandates, and anti-money laundering compliance, positioning it as a step toward U.S. leadership in digital finance.The Senate is poised to continue debate, with a potential final vote before Memorial Day. The bill’s bipartisan support, backed by Sens. Tim Scott (R-SC), Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and others, suggests a strong chance of passage, though amendments addressing Democratic concerns may still be proposed. #MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert #MyEOSTrade #SaylorBTCPurchase
Update on Merlin Trading Competition (May 20, 2025) Binance has launched a Merlin Trading Competition featuring $MERL tokens with a prize pool worth $1 million in MERL rewards. The competition, announced today, May 20, 2025, runs from 09:00 UTC on May 20, 2025, to 09:00 UTC on June 3, 2025. Key details include:Eligibility and Rules: Participants are ranked based on their cumulative purchase volume of $MERL tokens on the Binance Alpha platform or via Binance Wallet (keyless). Only purchases count toward the ranking; selling is excluded.Rewards: The top 10,000 users by purchase volume will share 9,840,000 MERL tokens, with each eligible user receiving 984 MERL tokens.Participation: Traders can join through Binance Alpha or Binance Wallet, and the competition is open to users globally, as highlighted by posts on X expressing excitement about the event.This competition aims to boost engagement with Merlin Chain ($MERL), a Bitcoin Layer 2 solution enhancing scalability and functionality through ZK-Rollups and decentralized oracles. The event has generated significant buzz on X, with users describing it as an opportunity to "turbocharge" their trading and compete for substantial rewards. For more details, you can visit the official Binance announcement: Binance Merlin Trading Competition. #MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert #MyEOSTrade #SaylorBTCPurchase
Binance Alpha has announced the upcoming listing of the SOON token, scheduled to commence trading on May 23, 2025. This marks the initial market debut of the SOON token, offering early access through Binance’s Alpha platform.
🎁 Airdrop Opportunity
Eligible users will be able to redeem an airdrop allocation of SOON tokens by utilizing Binance Alpha Points. Full details, including the airdrop claim process and activity rules, will be published on the official $ALPHA a event page on May 23.