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  • 🌙 Bitcoin Hits Record High Above $109,000

🌙 Bitcoin Hits Record High Above $109,000

Crypto markets posted modest gains, with Ethereum and Solana rallying 4%.

Author

Mike Gavela
May 21, 2025

In partnership with

Crypto Roundup - May 21

Bitcoin continues its historic climb, surging past $109,000 and signaling sustained investor confidence amid macroeconomic uncertainty. Meanwhile, Solana’s DeFi ecosystem gains institutional traction as Marinade Labs unveils a new staking platform targeting professional investors. In a sharp legal escalation, Bancor has filed a lawsuit against Uniswap, accusing the protocol of stealing proprietary DeFi technology — a case that could have ripple effects across the decentralized finance sector.

Top Stories

  • Bitcoin hits all-time high of $109,100, fueled by institutional inflows and macro hedge interest.

  • Marinade Labs launches institutional staking platform for Solana, aiming to bring compliant DeFi access to funds.

  • Bancor sues Uniswap, alleging theft of automated liquidity tech — a potential landmark case for DeFi IP.

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TOP STORIES

Bitcoin Hits Record High Above $109,000 - "The Defiant"

Crypto markets posted modest gains, with Ethereum and Solana rallying 4%.

thedefiant.io/news/markets/bitcoin-hits-record-high-above-usd109-000

Marinade Labs Launches Institutional Staking Platform for Solana - "The Defiant"

Marinade Labs announced the launch of Marinade Select today, May 21 – a new staking marketplace built for institutional clients interested in staking on the Solana network.

thedefiant.io/news/defi/marinade-labs-launches-institutional-staking-platform-for-solana

Bancor Sues Uniswap for Allegedly Stealing Core DeFi Technology - "The Defiant"

The lawsuit claims Uniswap has used Bancor’s patented automated market maker technology without permission since 2018.

thedefiant.io/news/defi/bancor-sues-uniswap-for-allegedly-stealing-core-defi-technology

FUNDRAISING

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led by Blockchain Capital

Other investors in the Series C round included Bain Capital Crypto and Distributed Global.

coindesk.com/business/2023/05/25/sam-altmans-crypto-project-worldcoin-raises-115m-led-by-blockchain-capital

OTHER HEADLINES

Should crypto cash flows be discounted?

Discounted cash flow is as close as you can get to a fundamental truth in the art of financial valuation.

blockworks.co/news/discounted-cash-flow-financial-valuation

Bitcoin price at all-time high while other metrics at lows

As BTC hit a new all-time high above $109,400 today, other Bitcoin metrics were averaging near all-time lows.

protos.com/bitcoin-price-at-all-time-high-while-other-metrics-at-lows

How Bitcoin’s ‘dual narratives’ are pushing the price to records

Bitcoin hit a new all-time high past $109,000. Two factors are driving interest in Bitcoin, says analyst Noelle Acheson. Investors on both sides of the risk spectrum are buying.

www.dlnews.com/articles/markets/two-narratives-take-bitcoin-price-to-all-time-high

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