According to Michael Saylor, the Bank of England is reportedly on the brink of considering Bitcoin as a reserve asset, signaling a potential major shift in institutional adoption of cryptocurrency (source: Michael Saylor Twitter, May 30, 2025). This development could increase Bitcoin’s legitimacy among traditional financial institutions, potentially driving increased institutional demand and impacting crypto market liquidity. Traders should monitor official statements from the Bank of England for confirmation, as central bank adoption could trigger significant volatility and upward momentum in Bitcoin and related assets.

According to Crypto Rover, Méliuz has become the first publicly traded company in Brazil to add Bitcoin to its corporate treasury, acquiring 274.52 BTC valued at $28.4 million (source: Crypto Rover via Twitter, May 16, 2025). This move marks a significant milestone for institutional Bitcoin adoption in Latin America, likely increasing investor confidence in the crypto sector and potentially influencing other public companies in the region to consider similar strategies. For traders, this development signals growing mainstream acceptance of Bitcoin as a reserve asset, which could support BTC price stability and boost trading volumes in the Brazilian and wider Latin American crypto markets.