Welcome back to the Evercode Lab Weekly Crypto News Digest, where we break down the biggest stories in the crypto and blockchain space, shaping the future of digital finance and Web3 innovation. From landmark partnerships to market movements, this week’s updates highlight the unstoppable momentum of blockchain adoption worldwide.
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Bitcoin Breaks Records: BTC Rose Above $110,000
As on the previous Bitcoin continues to make headlines, smashing through the $109,000 mark and setting a new all-time high in the process. The world’s largest cryptocurrency by market cap is gaining traction amid growing institutional interest and favorable macroeconomic conditions.
As crypto markets regain bullish momentum, Bitcoin’s rally sets the tone for what many believe to be a continuing altcoin season in 2025. Keep an eye on how this influences ETH, SOL, and other key players!
Bitcoin Pizza Day Celebrated Worldwide
We continue to stream news about Bitcoin! On May 22, crypto enthusiasts worldwide celebrated the 15th anniversary of the iconic Bitcoin Pizza Day, marking the day of the first documented BTC transaction for a physical item: two pizzas for 10,000 BTC. What started as a novelty in 2010 is now a global event that reminds the crypto community of how far BTC has come.
From NFT pizza drops to community events, the day not only honors the past but also reflects on the growing adoption of crypto in daily life!
U.S. Bank Consortium to Launch New Stablecoin
This week, according to The Wall Street Journal, a syndicate of major U.S. banks is gearing up to launch a new U.S. dollar-pegged stablecoin, aiming to enhance transaction efficiency and compliance. This move is expected to heat up the already competitive stablecoin market, which includes USDC, USDT, and other decentralized alternatives.
The upcoming regulation-friendly stablecoin could accelerate the convergence of traditional finance and DeFi ecosystems.
FIFA Taps Avalanche for Official Blockchain Launch
The crypto market is the place where sports and blockchain can stand side by side. In a move signaling major institutional Web3 adoption, FIFA has announced it will launch its official blockchain on Avalanche. The platform is expected to support ticketing, NFTs, and digital fan engagement initiatives during upcoming global football events. The new platform will be fully integrated with the Ethereum Virtual Machine (VM). The organization will migrate the FIFA Collect NFT collection from Algrand and Polygon.
The decision to switch to a new network is driven by the desire to enhance the speed, expand the capacity, and improve the security of the ecosystem, according to Francesco Abbate, the CEO of FIFA Collect.
Kraken to Launch Tokenized Stock Trading
Finishing our digest with great fresh news. The crypto exchange Kraken has announced its entry into the tokenized equities market, with plans to support trading of fractionalized shares of giants like Apple and Tesla. This bold step reflects a growing trend of DeFi platforms bridging traditional stock trading and crypto ecosystems.
xStocks, which are tokens tied to real-world securities, will operate on the Solana blockchain and will be available for trading 24/7. Each xStock is backed by a share or a stake in an exchange-traded fund (ETF) through a partner of Kraken, a Swiss company called Backed Finance. The value of xStocks will be in sync with the market value of the underlying assets.
With this launch, Kraken is opening the door for global retail users to gain exposure to real-world assets via blockchain.
Conclusion
From Bitcoin reaching historic price levels to major players like FIFA and Kraken embracing blockchain tech, this week once again proves that Web3 adoption is not just growing – it’s accelerating! As stablecoin innovation, tokenized assets, and sports NFTs gain traction, businesses looking to enter the blockchain space should keep a close eye on these developments.
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