Crypto VCs are facing their toughest era.
Venture capital was built to make the best young talent work for the rich, but it fundamentally depends on regulatory clarity and legal enforcement. Crypto is different. Itās nearly lawless.
There are no guaranteed exit channels. In traditional markets, exits happen through M&A.
In crypto, VCs have no control over CEXs. No guarantees, no leverage.
As this cycle unfolds, weāll see fewer VC-backed moonshots, and more early-stage teams focused on real product-market fit.
Once PMF is proven, airdrops will shrink, which leads to less farming.
The paradigm is shifting faster than most realize.
In a landmark meeting at GHQ, Field Marshal Asim Munir extended support to the Pakistan Crypto Councilās digital and AI mission, reinforcing Pakistanās strategic pivot towards a tech-driven economy. The focus is clear: empower the youth, regulate innovation, and harness digital potential for economic growth.
The meeting with PCC CEO Bilal Bin Saqib marks a defining moment in Pakistanās shift towards blockchain, cryptocurrency, and AI. Munirās endorsement signals a growing alignment between state institutions and the countryās digital transformation goals.
Bilal shared updates on PCCās journey, including strategic partnerships, upcoming global representations, and youth-centric digital empowerment plans. With over 50 million crypto users and $300 billion in annual trade volume, Pakistanās grassroots crypto movement is now receiving institutional momentum.
The newly announced Pakistan Digital Assets Authority (PDAA) is poised to regulate the sector, facilitate asset tokenization, and legalize Bitcoin mining using surplus energy. The aim is clear: turn Pakistan into a regional hub for blockchain finance and AI infrastructure.
As global tech leaders prepare for the Bitcoin 2025 Conference in Las Vegas, Pakistan is stepping onto the international stage. Bilal Bin Saqibās invitation to speak reflects Pakistanās rising status in the global crypto and AI conversation.
With 70% of the population under 30 and 50,000 IT graduates entering the workforce each year, Pakistanās youth are not waiting for the futureāthey are defining it. The PCCās mission is to give them the tools to lead, build, and export innovation to the world.
The countryās crypto story is no longer just a grassroots revolution. With national backing, clear policy direction, and global engagement, Pakistan is laying the foundation to become a leader in decentralized innovation.
#PakistanCrypto #AsimMunir #DigitalPakistan #BlockchainEconomy #YouthInTech
Prior to the pump swap launchā¦
Every pump fun token migrated to @RaydiumProtocol
Now⦠the launch of Lets Bonk && LaunchLabs once again has me bullish on $RAY itself
Largely because of the volume, and fees accrued.
Now you probably are gonna ask⦠how is that bullish???
Well, itās essentially the HyperLiquid playbook, fees go back to buying the token, and the data is bullish
- LaunchLabs has 10%+ of memecoin market share (this includes LetsBonk)
- lifetime buybacks over $125MILLION
- memes account for 64% of their fees generated
- Itās a flywheel, memecoin super cycle doesnāt die, Raydium only gets stronger.
š„ Trumpās Tariff Threats Rattle Markets ā Bitcoin & Altcoins Slide
Markets trembled Friday after former President Donald Trump reignited trade tensions. He proposed a 50% tariff on the EU over stalled negotiations and warned Apple of a 25% tax on iPhones made outside the U.S.
On the back of these threats, Bitcoin (BTC) dipped below $110,000, with the broader crypto market following suit.
āI told Tim Cook long ago ā if iPhones are to be sold in the U.S., they should be made in the U.S.,ā Trump posted on Truth Social.
Calling the EU "very difficult to deal with," Trump criticized the lack of progress in trade talks, suggesting a 50% import tax starting June 1. He didn't clarify when Appleās proposed tax would begin.
The news triggered a sharp reaction: Bitcoin dropped around 2%, while Ethereum, $XRP , and Dogecoin each lost about 3%, dragging the total crypto market cap down 3.5%.
This came just after Bitcoin hit an all-time high of $111,970, surging nearly 50% from $75,000 in early April, according to Binance data.
Nicolai SĆøndergaard, Research Analyst at Nansen, told FXStreet the tariff threats are likely a negotiating tactic, not confirmed policy.
āThis looks more like a temporary shock than a lasting shift,ā he said. āStill, it shows how reactive risk assets are to political signals in todayās fragile macro environment.ā
Meanwhile, U.S. stocks initially dropped 1% before recovering to close down just 0.37%.
#TrumpTariffs #MarketPullback #DinnerWithTrumph #BTCBreaksATH110K $BTC
XRP Dips 2.83% Despite U.S. Futures ETF Launch and Strong Institutional Momentum
XRP is currently trading at $2.3511, down 2.83% over the past 24 hours from an open of $2.4195, with a 24-hour trading volume of approximately $4.16 billion and a recent market capitalization of around $121.6 billion. The price decline is attributed to a combination of factors, including profit-taking after recent ETF-related optimism, broader market volatility, and XRP's underperformance relative to the overall crypto market despite positive developments such as the launch of the first U.S.-based XRP futures ETF, ongoing speculation about spot ETF approval, and Rippleās legal win over the SEC. While institutional interest and ETF momentum remain strong, increased exchange reserves and cautious sentiment have contributed to short-term selling pressure.
Ethereum Faces 2.73% Drop as High Volume Meets ETF Delays and Sui Network Hack Fallout
Ethereum is currently trading at $2,561.00 on Binance, with a 24-hour opening price of $2,632.88 and a price change of -2.73%, while 24-hour trading volume remains high, reflecting sustained market activity and a market capitalization above $300 billion. The recent price decline is attributed to a combination of factors including the U.S. SEC's delay in approving a spot Ethereum ETF, significant asset movements related to the Sui Network's Cetus Protocol hack, and mixed institutional flowsādespite notable inflows into Ethereum ETFs and increased holdings by large investors, broader market sentiment and regulatory uncertainty have contributed to short-term downward pressure on ETHās price.
Chung Daily Note - 2025/5/23
Happy Friday! The weekend is near! Finish strong and celebrate your progress! š
š”12h left to collect @redbullracing & @TimpersHD's iconic moments via Gate, powered by @AbstractChain
Some highlights from today's note
šøTrump proposes 25% tariff on iPhones not made in the U.S
šøTrump proposes 50% EU tariff starting June 1
šø@sophon airdrop checker
Read More Below š
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š° News
⢠Trump proposes 25% tariff on iPhones not made in the U.S
⢠Trump proposes 50% EU tariff starting June 1
⢠H100 acquires 4.39 BTC, becoming Swedenās first public Bitcoin treasury firm
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š Good Reads
⢠@Solofunk30 - InfoFi: Emerging Speculation Markets
⢠@GLC_Research - The Kaito Thesis: From Attention to Earnings
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š New Protocols
⢠@polyminal
⢠@aux_xyz
⢠@cookingcityHQ
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š° Crypto Fundraising
⢠@PlasmaFDN (DeFi) - $TBD investment from @foundersfund
⢠@XNET_Mobile (Blockchain Service) - $TBD investment from @AlphaSigmaFund
⢠@stablecorp (CeFi) - 1.8m Strategic
⢠@FermiLabs (DeFi) - 1.2m Pre-Seed led by @BigBrainVC @equilibrium_co
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šµ Airdrops
⢠@sophon airdrop checker
⢠@tenprotocol airdrop checker
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š”Videos & Podcasts
⢠@0xSteadyLads - The Lads Return for the BTC ATH!
⢠@BanklessHQ - Bitcoin Hits New All-Time High! Is the Real Crypto Pump Still Ahead?
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š Opportunity
@virtuals_io Genesis Launch is live: earn Points by staking, trading, and yapping. Dev Locks and TP Cooldowns shape your rewards. Stay aligned for airdrops, boosted multipliers, and a stronger role in the AI agent economy!
That's all!