Curious about the latest in the crypto world? Here’s a roundup of today’s most important developments shaping Bitcoin’s price, blockchain innovation, decentralized finance, NFTs, Web3, and crypto regulation.
House Speaker Mike Johnson Shrugs Off Questions About Trump’s Memecoin Dinner
In a recent interview on May 25 with CNN’s Jake Tapper, US House Speaker Mike Johnson downplayed concerns surrounding a high-profile dinner hosted by former President Donald Trump. The event gathered the largest holders of Trump’s Official Trump (TRUMP) memecoin at his Virginia golf club, but the guest list remains under wraps.
When pressed about transparency and potential foreign influence, Johnson admitted he was unaware of the attendees or the event’s funding details. “I was a little busy this past week,” Johnson said, referencing his work on the $1.6 trillion federal budget bill, before asserting that Trump “is the most transparent president” and “has nothing to hide.”
The secretive nature of the dinner has sparked criticism from opponents who fear undisclosed foreign money could be buying access to the former president. Still, Johnson sidestepped questions about public disclosure, keeping the matter vague.
Michael Saylor Hints at Another Big Bitcoin Move
MicroStrategy co-founder Michael Saylor, a well-known Bitcoin advocate, signaled he plans to ramp up the company’s Bitcoin holdings again. On May 25, Saylor shared the now-familiar Bitcoin price chart that he typically posts to announce new purchases when markets reopen.
“I only buy Bitcoin with money I can’t afford to lose,” Saylor tweeted to his 4.3 million followers on X (formerly Twitter), reinforcing his high-risk, high-reward approach.
Currently, MicroStrategy owns around 576,230 BTC—valued at over $62.5 billion—with unrealized gains surpassing $22 billion. Investors continue to watch MicroStrategy closely, treating its Bitcoin buying activity as a proxy for broader institutional interest in the cryptocurrency space.
Pakistan Allocates 2,000 MW of Electricity for Bitcoin Mining and AI Development
In a strategic push to modernize its economy, Pakistan has designated 2,000 megawatts of surplus electricity specifically for Bitcoin mining and artificial intelligence data centers, according to a May 25 report by 24NewsHD TV Channel.
The initiative is part of a broader digital transformation plan led by the Pakistan Crypto Council and supported by the Ministry of Finance. Finance Minister Muhammad Aurangzeb highlighted the government’s hope that this move will attract substantial foreign investment and create high-tech job opportunities nationwide.
Looking ahead, the government aims to expand the program to include renewable energy sources, balancing technological advancement with environmental sustainability.
Today’s developments highlight how global crypto markets continue evolving — from political controversies in the US to bold infrastructure plans in Asia, and major institutional moves that signal growing confidence in Bitcoin. Stay tuned as these stories unfold and impact the broader blockchain ecosystem.
