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led by Donald Trump, has raised $2.4 billion through a stock and note offering, backed by around 50 major investors, to purchase Bitcoin and establish a Bitcoin reserve. This move deepens the company’s ties to the crypto world, signaling growing institutional confidence, particularly among pro-crypto and right-wing groups. However, critics have raised concerns about potential conflicts of interest given Trump’s role as U.S. President. This high-profile endorsement of Bitcoin by a major public company underscores the asset’s increasing mainstream appeal.

Mudrex The cryptocurrency market is buzzing with renewed energy this week, driven by significant institutional adoption and the promise of clearer regulations. Investor sentiment is cautiously optimistic as key economic events loom, potentially shaping the market’s trajectory. Below, we dive into the latest updates, from major corporate moves to regulatory developments and educational insights to help you navigate the crypto landscape.

The Indian government is preparing to release a comprehensive paper outlining its approach to regulating cryptocurrencies and Virtual Digital Assets (VDAs). Drawing on global best practices and recommendations from the IMF and Financial Stability Board, the paper aims to balance innovation with economic stability. By soliciting public feedback, India is laying the groundwork for a long-term crypto policy that could foster innovation and attract global investors to its burgeoning crypto ecosystem

Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price.After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders.
Bitcoin’s (BTC) price trades 6% below its all-time highs of $111,900, and traders warn the asset may see a “larger correction” in June as $100,000 becomes a key level of interest.

The Kurdistan Regional Government (KRG), the official executive body of the semi-autonomous Kurdistan Region in northern Iraq, has ordered the Ministry of Interior to create a special committee to shut down companies operating in the fields of electronic trading and digital currencies. The directive, issued by the Presidency of the Council of Ministers and dated May 27, follows instructions from the Central BankIraq. It calls for the formation of a joint committee to implement the shutdowns. This development comes shortly after the arrest of two suspects in Duhok accused of running a cryptocurrency scheme that defrauded investors of $15 million, according to local security sources. The KRG’s action reflects an increased effort to address issues related to digital financial operations and potential fraud.

Russia’s largest commercial bank, Sber, launched a Bitcoin-linked bond product that’s now trading on OTC markets and may soon be listed on the country's top stock exchange