Tag: Doge

IMF Rejects Pakistan’s Plan To Subsidize Power For Crypto Mining, Cites Market Destabilization Concerns

The International Monetary Fund (IMF) has reportedly rejected Pakistan’s proposal to utilize excess power to offer cheaper electricity to the crypto mining sector, despite the country’s surplus energy capacity. Pakistan’s Crypto Mining Proposal Faces Uncertainty On Thursday, news outlet Independent Urdu reported that the IMF has rejected Pakistan’s proposal...
Read More

Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers: Data

On-chain data suggests the veterans of the Bitcoin network were the ones that took profits during the latest market selloff. Older Bitcoin Groups Recently Realized A Large Amount Of Profit In a post on X, the on-chain analytics firm Glassnode has revealed how profit-taking has been distributed among the...
Read More