📊 Crypto Weekly Roundup – 28 May to 4 June 2025 📈 Market Overview Bitcoin (BTC) is trading at approximately $105,400, maintaining stability despite recent market fluctuations. Ethereum (ETH) has risen to around $2,630, driven by renewed institutional interest. XRP and Solana (SOL) have also experienced modest gains, reflecting a cautiously optimistic market sentiment. 🏦 Institutional Movements BlackRock's recent acquisition of $58 million in bitcoin underscores growing institutional confidence in digital assets. This significant investment is anticipated to bolster market liquidity and could signal a bullish trend for bitcoin in the near term. 🇺🇸 Political Developments President Trump's social media company, Trump Media & Technology Group, has announced plans to launch a Bitcoin ETF, aiming to further integrate cryptocurrencies into mainstream financial markets. Additionally, the administration is advocating for deregulation in the crypto sector to enhance U.S. leadership in digital finance. 🌍 Global Crypto Initiatives Pakistan has initiated its first government-led Strategic Bitcoin Reserve, demonstrating a commitment to embracing digital assets. The government has also allocated 2,000 megawatts of electricity to support bitcoin mining and AI data centers, positioning the country as a potential hub for crypto innovation. 🎉 Fun Fact Attendees of President Trump's recent crypto gala dinner received exclusive NFTs as memorabilia. The rarest of these, the "Diamond Hands" NFT, has already sold for approximately $16,000 on the secondary market, highlighting the growing intersection of politics and digital collectibles. Stay tuned for more updates next week!