Pakistan’s Bold Move: National Crypto Authority to Boost Bitcoin and Digital Asset Ecosystem

Pakistan is taking a significant step towards embracing the future of finance with the establishment of the Pakistan Digital Assets Authority (PDAA). This new regulatory body, backed by the Ministry of Finance, aims to oversee a wide range of digital assets, including crypto exchanges, stablecoins, DeFi platforms, and even regulated Bitcoin mining. Finance Minister Muhammad Aurangzeb has positioned this initiative as a strategic push for leadership in the digital finance space. The PDAA will also explore asset tokenization and leverage surplus national electricity for Bitcoin mining, signaling a comprehensive approach to integrating digital assets into Pakistan's economy. This development marks a pivotal moment for cryptocurrency adoption in the region and could have far-reaching implications for the global crypto market, particularly for Bitcoin.

Pakistan to Launch National Crypto Authority for Digital Asset Oversight

Pakistan is making a strategic push into digital finance with the creation of the Pakistan Digital Assets Authority (PDAA), a new regulatory body backed by the Ministry of Finance. The authority will oversee crypto exchanges, stablecoins, DeFi platforms, asset tokenization, and even regulated Bitcoin mining using surplus national electricity.

Finance Minister Muhammad Aurangzeb framed the move as a bid for leadership in Web3 innovation, not merely catching up to global trends. The initiative follows recommendations from the Pakistan crypto Council, which counts former Binance CEO Changpeng Zhao among its advisors.

BlackRock's Bitcoin ETF IBIT Hits Record $877M Inflow, Enters Top 5 US ETFs

BlackRock's iShares bitcoin Trust (IBIT) attracted $877 million in inflows on May 22, pushing its total assets under management to $70.1 billion. The fund now holds 643,755 BTC and ranks among the top five U.S. ETFs by inflows this year.

IBIT's trading volume surged to $4.2 billion, with shares reaching an all-time high of $63.23. Institutional heavyweights like Blackstone and Goldman Sachs have emerged as major holders, underscoring Wall Street's growing embrace of crypto assets.

The milestone reflects accelerating institutional adoption, with IBIT crossing $47.5 billion in cumulative inflows since launch. Bitcoin's legitimacy as an institutional asset class continues to solidify through such mainstream financial products.

Bitcoin's Mature Market Spurs Search for Early-Stage Crypto Opportunities

Bitcoin's dominance remains unchallenged, with its market capitalization and institutional adoption setting the standard for cryptocurrencies. Yet as BTC trades above $60,000, analysts temper expectations, forecasting gains tied to macroeconomic trends, ETF flows, and halving cycles rather than the exponential returns of its early years.

This shift has ignited a hunt for protocols mirroring Bitcoin's 2010 conditions—scarcity, low dilution risk, and grassroots participation. Projects like Bitcoin Solaris emerge as contenders, promising the raw potential once exclusive to BTC. "The market always seeks the next asymmetric opportunity," observes one trader, noting how retail investors now pivot toward nascent networks with fixed supplies.

Best Crypto to Buy Now as Bitcoin Hits New All-Time Highs: $200k Next?

Bitcoin surged to a record $111,880 on May 22, 2025, marking its highest price ever on Bitcoin Pizza Day. The milestone underscores the cryptocurrency's accelerating institutional adoption, with BlackRock's Bitcoin ETF drawing $7 billion in inflows this year alone. Firms like D.E. Shaw have boosted holdings by 345%, signaling deepening confidence among traditional investors.

As capital floods into the market, attention is turning to undervalued tokens poised to benefit from Bitcoin's momentum. The rally reflects a broader shift toward crypto as a legitimate asset class, with price discovery now entering uncharted territory.

U.S. Dominates Bitcoin Scene in Digital Power Struggle

Bitcoin recently surged to an unprecedented $111,980, briefly touching a historical peak. This remarkable rise was spearheaded by institutional investors based in the United States. The stage is shared among Wall Street giants and pro-crypto politicians, indicating a broader digital power struggle between the U.S. and China, which goes beyond mere market growth.

According to data from the blockchain analysis platform CryptoQuant, U.S.-based banks, exchanges, and investment funds now hold a significant portion of bitcoin worldwide. This accumulation places upward pressure on the cryptocurrency‘s price, coinciding with a technical pattern known as the “golden cross,” often a precursor to substantial market moves.