Pakistan's Strategic Move Towards Cryptocurrency Integration
Pakistan is embarking on a transformative journey to integrate cryptocurrency and blockchain technology into its national economic framework. This initiative is spearheaded by the newly established Pakistan Crypto Council (PCC), led by Chief Advisor to the Finance Minister, Bilal Bin Saqib.Bitcoin $BTC agazine+14CoinDesk+14Reddit+14
A cornerstone of this strategy is the creation of a national Bitcoin reserve, inspired by similar moves in the United States. The reserve will consist of Bitcoin holdings from criminal and civil forfeitures, with a policy of long-term retention rather than speculative trading. This approach aims to establish Bitcoin as a strategic asset within Pakistan's financial system.
To support this digital infrastructure, Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. This move addresses the country's surplus electricity capacity and is expected to attract foreign investment, create high-tech employment opportunities, and foster economic growth. Reuters
The PCC is also working towards formalizing cryptocurrency regulations to provide a clear legal framework for digital assets. This includes exploring blockchain-based solutions for remittances, which could streamline the process and reduce costs for the significant Pakistani diaspora. Business Recorder+7The Express Tribune+7Profit by Pakistan Today+7CoinDesk
With over 60% of its population under the age of 30, Pakistan is positioning itself to become a hub for blockchain and Web3 innovation. The government's proactive stance on cryptocurrency and blockchain technology reflects a commitment to embracing digital transformation and fostering a more inclusive financial ecosystem.#CoinDesk
Polygon Labs and GSR have unveiled Katana, a new Layer-2 blockchain designed to unify decentralized finance (DeFi) liquidity and streamline yield generation across protocols. Built on Polygon's AggLayer, Katana aims to address the fragmentation in DeFi by aggregating liquidity from various sources, enhancing efficiency in lending, trading, and yield-bearing strategies .#Bitcoin2025
Marc Boiron, CEO of Polygon Labs, highlighted that Katana was developed to tackle the issue of digital assets being scattered across multiple apps and ecosystems, which complicates certain investment strategies. By leveraging AggLayer, Katana aspires to become a deep liquidity hub accessible to all chains, facilitating seamless interoperability .$BNB
Currently in its private mainnet phase, Katana allows a select group of users to deposit assets like ETH, USDC, USDT, and WBTC, with incentives in the form of lootbox-style rewards and the opportunity to earn KAT tokens, the network's governance and utility token. The public mainnet launch is anticipated by the end of June .$BTC $ETH
This initiative aligns with Polygon's broader vision of creating an "Internet of Value," where assets can move freely and efficiently across a unified blockchain ecosystem. By integrating with popular DeFi applications such as Sushi and Morpho, Katana aims to enhance liquidity and user experience across the DeFi landscape .#CoinDesk
Vitalik Buterin recently shared his thoughts on the X platform regarding the Nordic countries pulling back from their push toward a fully cashless society. He pointed out that relying too heavily on centralized systems has shown to be fragile and unreliable. Highlighting the importance of having a backup like physical cash, Buterin suggested that Ethereum should strive to be both resilient and private enough to serve a similar role in the digital world.$ETH
Germany Calls for Calm as US-EU Trade Tensions Rise
Germany's finance minister, Lars Klingbeil, urged for calm negotiations after U.S. President Donald Trump#TrumpTariffs threatened a 50% tariff on all EU imports starting June 1. Klingbeil warned the tariffs would hurt both the U.S. and European economies, saying, “This trade conflict harms everyone and must end quickly.”
Trump criticized the EU for being difficult in trade talks and said discussions were “going nowhere.” His post caused markets to dip, with both U.S. and European stocks#StocksDown falling and investors turning cautious.
The EU had sent a proposal to the White House, offering to lower tariffs on industrial goods, open up more access for U.S. farm exports, and cooperate on AI, energy, and tech. But Trump rejected the offer, calling it worse than others.
Talks between EU and U.S. negotiators continue, but no progress has been reported. Meanwhile, the EU is preparing tariffs on U.S. goods worth up to €116 billion if the dispute worsens.$BNB
Both sides face a tight deadline as the June 1 tariff threat and the EU’s July response date approach, leaving businesses uncertain and bracing for impact.$BTC
Judge Tosses Wire Fraud Charges Against Mango Markets Exploiter Avi Eisenberg
A federal judge has dismissed wire fraud charges against Avi Eisenberg, the investor who notoriously manipulated the decentralized exchange Mango Markets in a 2022 exploit that shook the crypto world.#MangoMarkets
Eisenberg gained attention after he executed a series of massive trades that artificially inflated the price of Mango’s governance token (MNGO) by over 1,000% in just 20 minutes. $BTC Using the inflated value as collateral, he was able to borrow and withdraw approximately $110 million in crypto assets from the protocols. $BTC
Bullish positions in the cryptocurrency market suffered over $500 million in losses following renewed tariff threats from President Trump. $TRUMP The announcement triggered a sharp decline in Bitcoin’s price, which in turn dragged down other major cryptocurrencies including Ether, Solana, XRP, and Dogecoin. $BTC
A notable highlight of the market turmoil was a massive $9.53 million BTC-USDT $USDC swap liquidation on OKX, underscoring heightened volatility and hinting at possible market inflection points.
After a turbulent 2024 filled with regulatory pressure and macroeconomic uncertainty, the cryptocurrency market is showing strong signs of recovery in 2025. With Bitcoin reclaiming the $75,000 mark and Ethereum nearing $4,000, investor optimism is steadily returning — driven largely by institutional adoption and a surge in crypto-related financial products.
Institutional Capital Leading the Charge
One of the major catalysts for this rebound is the increasing inflow of institutional capital. Since the approval of several spot Bitcoin ETFs earlier this year, traditional financial players like BlackRock, Fidelity, and Vanguard have deepened their exposure to crypto. Analysts at JPMorgan Chase estimate that institutional investments now account for over 40% of total crypto trading volume — a significant jump from just 25% a year ago.
"The ETF market has legitimized Bitcoin and opened the door to more conservative investors," says Marissa Chang, head of digital asset strategy at Fidelity. "This shift isn't a short-term hype — it's a structural evolution."
Ethereum's Ecosystem is Maturing
Ethereum continues to evolve, with its transition to a full Proof-of-Stake network now seen as a success. Layer 2 networks like Arbitrum and Optimism are gaining traction, helping to reduce gas fees and improve scalability. Meanwhile, the Ethereum ETF approval is now under review by the SEC, which could be a major boost for the network if it passes.
DeFi platforms are also seeing renewed growth. Uniswap and Aave have reported double-digit increases in user activity, signaling that decentralized finance is regaining relevance after the 2022–2023 slump.
Regulatory Climate Softens
Perhaps surprisingly, U.S. regulators appear to be softening their stance. The Digital Asset Regulation Act (DARA), passed in early 2025, introduced clear definitions and guidelines for crypto projects, leading to fewer lawsuits and more compliant innovation. praised by both startups and investors.