Here’s a summary of the latest foreign crypto news
1. Bitcoin Surges, MicroStrategy Expands Holdings
Bitcoin price recently crossed $97,000, up nearly 18% since late March. Despite missing earnings expectations, MicroStrategy (renamed “Strategy”) now holds 553,555 BTC valued at $37.9 billion.
(Source: investors.com)
2. UAE-Backed Trump Crypto Deal with Binance
A UAE-backed fund, MGX, plans to use the Trump family’s USD1 stablecoin (World Liberty Financial) to acquire a $2 billion stake in Binance. This was announced during the TOKEN2049 event in Dubai.
(Source: nypost.com)
3. $LIBRA Crypto Scandal in Argentina
Argentina's meme coin $LIBRA, promoted by President Javier Milei, initially surged but crashed, resulting in $250 million in losses. It's now a political scandal under investigation, dubbed “Cryptogate.”
(Source: Wikipedia)
4. U.S. Strategic Bitcoin Reserve Created
In March 2025, Donald Trump signed an executive order establishing the U.S. Strategic Bitcoin Reserve, making Bitcoin a national strategic asset.
(Source: Wikipedia)
5. Wall Street’s Crypto Push
Morgan Stanley is exploring crypto trading on its E*Trade platform, while SoFi has resumed crypto investment services—spurred by pro-crypto U.S. policies.
(Source: FT.com)
6. Dubai Becomes a Crypto Powerhouse
Over 15,000 people attended the TOKEN2049 event in Dubai. Emirates NBD launched crypto services, and DMCC plans to build a “Crypto Tower” by 2027. Bitcoin is now accepted for real estate in Dubai.
(Source: Reuters)
