The past week in crypto was filled with action, milestones, and a dash of drama. With BTC reaching its highest weekly close, the sentiment across the board is turning bullish again. Add in some exciting airdrop updates and regulatory wins, and you’ve got the perfect mix for another solid week ahead.
Let’s dive in.
BTC Hits Its Highest Weekly Close Ever
Bitcoin didn’t just nudge higher—it blasted through resistance to close the week just shy of $106,500. That’s now its highest weekly close in history.
To be exact, the candle closed at $105,071 on May 18. That pushed Bitcoin less than 3% away from its all-time high of $109,358, set back in January. The last time Bitcoin came close to this level was back in December, when it closed at $104,400.
It’s now been six straight green weekly candles. That’s no small feat. In fact, the pattern reminds many of Bitcoin’s November run, when it jumped $30,000 in three weeks.
Daily candles are also turning heads. On May 18, BTC printed its highest-ever daily close too, briefly pushing over $105,000.
At the time of writing, Bitcoin is dancing around $104,730, showing a healthy 2% daily gain.
If momentum holds, a fresh ATH might be around the corner.
It’s a great time to be a trader, and we will have a good flow of trading content about Bitcoin and altcoins coming.
Related: Check the charts of $DOGE and watch these levels!
Airdrop Checker Updates: What’s New?
As always, we keep an eye on airdrop tools, claim windows, and new reward opportunities. Here are the top updates:
Grass Launches New App and Domain
Grass is back with upgrades. A new app and domain were just released, marking the start of Epoch 7 of its airdrop campaign.
Announcement: See Grass Tweet
The Grass token price has also seen upward movement, increasing anticipation for another round of airdrop rewards.
However, we noticed that over 2,500 users didn’t complete the required 100 hours of uptime. If you’re one of them—there’s still time. And if you’re new, this is a good chance to get into DePin airdrops.
Want help? Read our full Grass airdrop guide.
Stabble Season 1 Airdrop Checker Goes Live
Good news for Stabble fans—the checker for Season 1 is now available. If you’ve interacted with the platform, now’s the time to check if you’re eligible. Claim while it’s hot.
World Liberty Financial Approves USD Airdrop
Yes, you read that right.
WLFI holders will soon receive a $1 airdrop following a successful governance vote. We voted “yes” to help pass this proposal, and now it’s live.
More details are coming soon, but this marks another win for the Trump meme coin ecosystem.
💡 Want to stay ahead? Check out the Best DeFi Airdrops of Q2 2025 and get back to farming.
MicroStrategy Faces Lawsuit After Buying 7,390 BTC
You know it’s serious when a Bitcoin buy leads to a court case.
Strategy, formerly known as MicroStrategy, just picked up 7,390 BTC for a whopping $765 million. This purchase pushed their total Bitcoin stash to over 576,000 BTC, worth nearly $59.2 billion.
But not everyone is thrilled.
The firm is now facing a class-action lawsuit, filed in Virginia. Investors accuse executives, including Michael Saylor, of not disclosing enough about the risks tied to Bitcoin’s volatility.
Despite Bitcoin’s 16.3% year-to-date gain, the lawsuit claims the company made the investment look safer than it is.
This could become a landmark case, especially if more companies adopt similar crypto-heavy strategies.
For now, it’s a wait-and-see situation. But the legal spotlight on corporate Bitcoin holdings is definitely heating up.
Kraken Launches Regulated Crypto Derivatives in Europe
More regulated options are rolling out in the EU.
Kraken just announced the launch of regulated crypto derivatives, now available to both retail and institutional users across the European Economic Area (EEA).
These products, including perpetual and fixed maturity futures, are already popular. Daily volume ranges from $1 billion to $2 billion, according to Kraken’s own estimates.
This move comes after Kraken’s acquisition of Greenfield Wealth, a Cypriot firm. With it, Kraken secured a license from CySEC, Europe’s regulatory body in Cyprus.
So what’s the big deal?
Access to these derivatives means more liquidity, better execution, and easier fiat on/off ramps for European traders. The contracts themselves aren’t new, but the regulated access is a big step.
Kraken has also been busy in the U.S., where they acquired NinjaTrader for $1.5 billion. And let’s not forget their earlier purchase of Crypto Facilities, an FCA-regulated futures platform in the UK.
All signs point to Kraken going all-in on derivatives, and Europe just got a front-row seat.
Trump Meme Coin Dinner Update: Washington, Here We Come
As many of you already know—we’re heading to Washington, D.C.
That’s right. We’ve been officially invited to the Trump Meme Coin Dinner with President Donald Trump. The event is set for May 22nd, and we couldn’t be more excited. We just passed the security background check, so we just need to iron our suits and we’re good to go!
Trump, whether you love him or hate him, has become a big part of crypto in 2025. The $TRUMP meme coin is now more than just a token—it’s a cultural force.
Over the next few days, we’ll be attending the dinner, doing interviews, and meeting with both crypto insiders and mainstream media. If we get any alpha at the event, we’ll make sure to share it on our X immediately, so keep those notifications on!
We’ll be sharing the full story right after the event. Expect a full blog covering the food, the vibes, and—of course—the memes.
In the meantime, content on the site may be a little slower than usual. But we promise, it’ll be worth the wait.
Final Thoughts
With BTC’s highest weekly close now in the books, and airdrops rolling out left and right, crypto momentum is strong.
The market feels alive again. Builders are building. Traders are trading. And communities are buzzing.
Whether you’re farming airdrops, holding long-term, or just watching from the sidelines—this week proves that crypto never sleeps.
We’ll be back soon with more from D.C., but for now, make sure your airdrop claims are up to date and your trading setups are tight.
The next big move might be just around the corner.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
