NiftyNoon: Pakistan Announces a Strategic Bitcoin Reserve: More Countries Stacks Sats! 🇵🇰🟠📈
Pakistan announces its own Bitcoin strategic reserve, signaling a major global shift in its stance on cryptocurrencies (May 30, 2025)
Nifty Thought:
Pakistan has announced its intention to establish a government-led Bitcoin Strategic Reserve, following the lead of the United States. This significant move, declared by Bilal Bin Saqib, head of Pakistan’s crypto council, at the Bitcoin 2025 conference, marks a major departure from the country's previous position of not legalizing cryptocurrencies. The decision reflects a broader global trend of nation-states adopting pro-crypto policies. Pakistan has also been exploring initiatives like utilizing excess energy for Bitcoin mining and developing a comprehensive regulatory framework for digital assets, with Binance co-founder Changpeng Zhao advising the crypto council.
Highlighted News:
🇵🇰 Pakistan is launching Bitcoin Strategic Reserve:
https://x.com/inspirdanalyst/status/1927827993134588162?s=46
👨⚖️ We have gone from “reciprocal tariffs,” to a 90-day tariff pause, to the US Court of International Trade reversing tariffs, to a US Appeals Court overturning the Court of International Trade. Now, tariffs are back again:
https://x.com/KobeissiLetter/status/1928170528935727299
📜 US Digital Asset Market Structure bill, the CLARITY Act:
https://x.com/bitcoin_laws/status/1928145042310418847?s=46
🟩 Square rolls out Bitcoin payments for all merchants using Square POS:
https://x.com/tftc21/status/1927792938760720601?s=46
🟠 Strong finish to the Bitcoin conference:
https://x.com/amandaterry/status/1928270163532730724?s=46
⚜️ Cantor Fitzgerald Asset Management announced plans to launch a Gold Backed Bitcoin Fund, the business’s first Bitcoin-focused investment vehicle:
https://x.com/official_cantor/status/1928172801606774825?s=46
Project and Community News:
Vice President JD Vance Delivers Remarks at Bitcoin 2025 Conference at Las Vegas, NV: https://x.com/vp/status/1927759955890753650?s=46
21Shares has filed for a Dogecoin ETF: https://x.com/EricBalchunas/status/1927832820166123799
SEC says certain proof-of-stake blockchain protocol staking activities are *not* securities transactions: https://x.com/nategeraci/status/1928242545110200555?s=61
Hyperliquid perpetual futures on Coinbase International Exchange and Coinbase Advanced: https://x.com/coinbaseintexch/status/1928145027022123367?s=61
@solstrategies_ acquired 26,478 SOL for USD$4.7M and fully exited Bitcoin position this week: https://x.com/solstrategies_/status/1928104184009695478
@okx teamed up with @Blockworks_ to explore how blockchain is reshaping industries and charting a new alternative for the world around us: https://x.com/okx/status/1928091205847634257?s=46
USD1 is now available through Wintermute’s OTC desk: https://x.com/worldlibertyfi/status/1928108497129935116?s=46
Utilizing @chainlink Proof of Reserves on @base and @ethereum provides independent, transparent onchain verifications that cbBTC reserves are backed 1:1 by BTC: https://x.com/coinbasepltfrm/status/1928119253212819681?s=46
Loud - Initial Attention Offering: https://x.com/stayloudio/status/1928061056322334915?s=46
@dreamnet_io x @sendaifun Hackathon and NFT NYC attendees are invited. June 26, 6-8pm: https://x.com/doodles/status/1928089822322667612
OpenSea has evolved: https://x.com/opensea/status/1928154151306838432?s=61
CRYPTOPUNKS - FREE TO CLAIM wins Bronze at the ADC 104th Annual Awards in the Book Design category: https://x.com/cryptopunksnfts/status/1928073255413338561?s=46
Skeleton Meebit sold for 18.88 ETH overnight: https://x.com/punk9059/status/1928082232029118566
Welcome to episode 1 of Get Rekt or Die Trying, an unfiltered and raw series inside Rekt Drinks: https://x.com/rektdrinks/status/1927810119930101815
Quick Stats:
👾 Blur ETH Daily Volume: 426 ETH (▲ 37.58%)
🌊 OpenSea ETH Daily Volume: 1411 ETH (▲ 122.51%)
🟠 BTC : $105,875.34 (▼ 2.42%)
🔷 ETH: $2,618.08 (▼ 2.70%)
🟣 Solana: $163.55 (▼ 4.84%)
🟪 Polygon: $0.22 (▼ 3.53%)
Top NFT Sales:
CryptoPunks #308: 69.00 ETH
CryptoPunks #704: 56.00 ETH
CryptoPunks #314: 56.00 ETH
NFT Daily Winners:
🍭 Mocaverse: 1.45 ETH (▲ 0.64%)
👾 Tensorians: 2.85 SOL (► 0.00%)
🏳🌈 Chromie Squiggles: 4.75 ETH (► 0.00%)
NFT Daily Losers:
🐧 Pudgy Penguins: 9.61 ETH (▼ 0.21%)
🏴☠ Captainz: 0.44 ETH (▼ 0.39%)
⛩ Azuki: 2.29 ETH (▼ 0.64%)
🚬 CryptoPunks: 45.99 ETH (▼ 0.65%)
🦧 Bored Ape Yacht Club: 13.45 ETH (▼ 1.03%)
😡 Mad Lads: 38.00 SOL (▼ 1.20%)
🐱 Quantum Cats: 0.03 BTC (▼ 2.14%)
🧦 Bitcoin Puppets: 0.03 BTC (▼ 2.39%)
🐵 NodeMonkes: 0.03 BTC (▼ 2.85%)
👩🏻 Milady Maker: 2.72 ETH (▼ 3.61%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 9.10%)
Notes:
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