Tag: Crypto

Bitcoin Mining In Pakistan – Government Eyes Using Surplus Power

Pakistan’s government plans to use its extra electricity for Bitcoin mining operations, turning unused power into a money-making opportunity. Officials have started talking with other government departments about creating special electricity rates for foreign Bitcoin miners to help cut costs on wasted power, reports suggest. Power Officials Create New...
Read More

TRUMP Token Skyrockets After President Donald Trump’s Endorsement

TL;DR The controversial token linked to the US president, which saw the light of day just ahead of his inauguration, has gone through some Sunday volatility after Trump’s latest interaction. The asset rose by double-digits but then started to retrace minutes later, in what could be another volatile end...
Read More

US Bitcoin ETFs End Outflow Streak With $744 Million Weekly Influx — Details

The US-based Bitcoin ETFs (exchange-traded funds) have been on a negative streak of capital outflows in the past few weeks, reflecting dwindling appetite and worsening sentiment amongst investors. However, the latest daily performances of these crypto-based financial products suggest that fresh demand might be growing among investors. Bitcoin ETFs...
Read More

White House Says Gold Reserves May Be Used to Purchase Bitcoin

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, suggested in an interview that the U.S. could capitalize on the gains from its...
Read More