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Home Blockchain

Here’s what happened in crypto today

by DigestWire member
May 31, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, the IMF has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining, BlackRock posts its largest spot Bitcoin ETF outflow day ever, and crypto exchange MEXC reports a 200% spike in fraud attempts during Q1 2025.

The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program.

The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan.

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