Author: NBTC
Pakistan Announces Investment in Bitcoin Mining Amid Tensions with India! Here Are the Details
Pakistan has unveiled an ambitious plan to use its 2,000 megawatts of excess electricity for bitcoin mining and artificial intelligence (AI) data centers in a bid to reduce energy waste and accelerate the country’s digital transformation. Pakistan Uses 2,000 MW of Surplus Electric Power for Bitcoin Mining, Artificial Intelligence to Accelerate Technological Development As of March 2025, Pakistan’s total electricity generation capacity will be 46,600 MW, a slight increase from the previous year. However, a significant portion of this capacity remains idle at 14%, especially during low demand periods in winter when national demand can drop to as low as…
There has been a remarkable new development in the cryptocurrency world. A new blockchain project called “Stable” supported by USDT0, an initiative associated with the Bitfinex exchange and Tether, has been announced. Tether CEO Paolo Ardoino is among the advisors of the project. This new chain, called “Stable,” will use USDT, the world’s largest stablecoin, for transaction fees (gas fees). The target audience for the chain, which is still in its development phase, will not be individual users but rather financial institutions. The development team prefers to remain anonymous, describing the team only as “protocol engineers, fintech executives, and crypto…
The Bitcoin price today is trading near $107,690 following a slight dip from Monday’s peak above $110,800. While the broader uptrend remains intact on higher timeframes, intraday charts reveal early signs of exhaustion, especially as BTC tests a confluence of resistance near the 0.618 Fibonacci level and the upper Bollinger Band. Traders are watching closely to see whether Bitcoin price action can stabilize above key moving averages or if further downside pressure will emerge in the near term. What’s Happening With Bitcoin’s Price? BTC/USD price dynamics (Source: TradingView) Over the past 48 hours, Bitcoin price has been consolidating below the…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 6.73% today against the US Dollar ETH/BTC increased by 2.44% today Ethereum is currently trading 5.21% below our prediction on Jun 14, 2025 Ethereum gained 5.36% in the last month and is down -28.01% since 1 year ago ETH price is expected…
U.S. interest payments hit $1.1T in Q1 2025, marking a record and sharp budgetary rise. Rising rates and $34T debt drive steep increase in federal debt servicing costs. Interest payments could reach $1.7T by 2034, rivaling defense and Medicare spending. According to newly released figures from the Bureau of Economic Analysis and Bravos Research, the U.S. government’s interest payments reached an all-time high, totaling $1.1 trillion in the first quarter of 2025. This move shows the continued economic strain from growing debt levels and sustained high interest rates. The latest analysis signals a growing burden on the federal budget, with…
Ethereum restaking protocol EigenLayer is introducing artificial intelligence into its decision-making process, seeking to ensure that proposed actions comply with the protocol’s rules. Working with AI development platform Sentient, EigenLayer will introduce Judge Dobby, which Sentient calls an “AI adjudicator” focused on the subjective decision-making needed to reason through complex, real-world corporate governance scenarios. “While traditional AI systems excel at tasks with clear, correct answers, such as translation, classification, and recommendations, governance is full of gray areas,” Sentient said in a release. “Current models fail to offer meaningful legitimacy when answering subjective questions, such as who deserves funding in a…
China has announced plans to sell seized digital assets through licensed exchanges in Hong Kong. The initiative is in collaboration with the China Beijing Equity Exchange (CBEX) to manage digital assets seized in criminal cases. In line with this, CBEX will engage third-party agencies to help sell the assets on regulated exchanges. According to reports, the digital assets seized from criminal proceeds will be converted into yuan and deposited into designated accounts. This is the first time a mainland Chinese agency will be carrying out a process to dispose of seized digital assets. This development is possible because Hong Kong…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. FIFA, Maplestory, Off the Grid, Inversion. These are among the few high-profile names to have launched (or plan to launch) chains on Avalanche’s tech stack lately. Why Avalanche and not Ethereum? The answer starts with Avalanche9000, the network’s largest upgrade that went into effect last December. It was Avalanche’s own version of “The Merge,” which radically overhauled validator economics. As part of ACP-77, Avalanche validator’s high fixed stake cost requirements (2000 AVAX) were replaced with a low-cost, pay-as-you-go model. Reduced upfront costs have made it attractive to…
Are you keeping an eye on the pulse of institutional involvement in the crypto market? If so, the latest report from the Chicago Mercantile Exchange (CME) Group is bound to grab your attention. CME, a leading derivatives marketplace, just revealed absolutely stunning growth in its cryptocurrency trading products for May. What’s Behind the Massive Surge in CME Crypto Volume? According to a recent PR Newswire press release, CME Group’s average daily trading volume (ADV) for cryptocurrency derivatives witnessed an incredible 145% increase in May compared to the previous month. This isn’t just a small bump; it’s a significant leap that…
The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC$104,420.77 mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday.”Four of the five operators in our coverage reported record revenue and profits,” analysts Reginald Smith and Charles Pearce wrote. In aggregate, the miners earned gross profit of about $2.0 billion with gross margins of 53%. Those figures compare with $1.7 billion and 50% in the previous quarter, the bank said. MARA Holdings (MARA) mined the most bitcoin in the bank’s coverage universe for the ninth quarter in a row, the…