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Bitcoin News
Blockonomi
19h
81
Image Credit: Blockonomi
Bitcoin Goes Mainstream as PSG and Pakistan Add BTC to Treasury Strategies
- PSG becomes the first major sports club to add BTC to its treasury holdings.
- Pakistan announces a national Bitcoin Strategic Reserve and plans to mine using surplus energy.
- BTC is evolving from a speculative asset to an institutional and sovereign financial strategy.
- Bitcoin trades at about $106,000 despite adoption news, indicating short-term market caution.
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Bitcoinmagazine
20h
152
CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”
- CEO Paolo Ardoino of Tether announced at the 2025 Bitcoin Conference in Las Vegas that Tether will become the largest Bitcoin miner globally.
- Tether currently holds over 100,000 Bitcoins and more than 50 tons of gold, with a commitment to reinvest heavily in Bitcoin.
- Ardoino emphasized Tether's strong support for Bitcoin, its origins in cryptocurrency, and its AI system designed for societal benefit.
- Additionally, Paolo mentioned Tether's investment in energy production and hinted at their collaboration with Rumble for a Bitcoin-focused wallet project.
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Livebitcoinnews
20h
107
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Pakistan to Establish Government-Led Bitcoin Reserve
- Pakistan is moving closer to embracing digital currencies with plans to create a state-backed Bitcoin reserve.
- The country has allocated 2,000 MW of surplus electricity for Bitcoin mining and AI data centers.
- Pakistan is forming the Pakistan Digital Assets Authority to regulate the crypto sector, prioritizing investors and industry advancements.
- With 40 million crypto wallets in use, Pakistan is positioning itself as a significant player in the crypto market and aiming to become a leading tech market.
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Bitcoinist
20h
170
Image Credit: Bitcoinist
Bitcoin Bound: European Firm K33 Raises $6.2 Milion For Strategic Buys
- Norwegian broker K33 raised $6.2 million to buy and hold Bitcoin, with cash from convertible loans and share and warrant issues.
- The funding round included 45 million krona from interest-free convertible loans and 15 million krona from new share sales and free warrants.
- The fresh funds will be used for K33's Bitcoin Treasury Strategy to potentially buy around 57 BTC, aiming to capitalize on Bitcoin's long-term growth.
- K33's CEO Bull Jenssen believes Bitcoin will be the best performing asset in the next decade, emphasizing the potential to build a crypto reserve independently and explore new revenue opportunities.
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TronWeekly
20h
193
Image Credit: TronWeekly
K33 Raises $6.2M to Launch Bitcoin Treasury Strategy
- K33 has raised $6.2 million to launch their Bitcoin Treasury Strategy through interest-free loans, new shares, and warrants.
- The firm plans to purchase around 57 BTC with Bitcoin trading above $108,000, aiming to raise an additional $7.7 million if investors fully exercise their warrants by March 2026.
- K33, a European crypto firm, is among the public companies that now hold Bitcoin as a treasury asset, showcasing confidence in Bitcoin's growth potential and positioning itself for long-term market benefits.
- The company secured funds for its Bitcoin Treasury Strategy through interest-free loans, new shares, and warrants, with plans to expand its Bitcoin holdings by raising additional funds through warrant bonuses.
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TheNewsCrypto
21h
345
Bitcoin Follows Global M2 Money Supply, Analyst Predicts $400K Target
- Analyst Kyle Chassé predicts a $400K target for Bitcoin based on its correlation with global M2 money supply.
- Chassé's analysis indicates a three-month lag between Bitcoin rallies and monetary expansion, with current M2 growth above $111 trillion suggesting continued Bitcoin strength.
- Julien Bittel from Global Macro Investor also supports this thesis, noting that liquidity gains have preceded Bitcoin rallies by around 12 weeks, with M2 serving as a leading signal for price fluctuations.
- The recent surge in global M2 above $111 trillion suggests that Bitcoin could experience continued upward pressure in the coming months, but changes in global monetary policy could pose risks to Bitcoin's price movements.
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Cryptopotato
21h
238
Image Credit: Cryptopotato
Key Indicator Signals Early Upside Despite Quiet Bitcoin (BTC) Market
- Bitcoin reached a record high of almost $112,000 on May 22 and has remained close to that mark, keeping investors on edge for a potential breakout.
- The Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment, with the 7-day SMA suggesting an early upside signal while the 90-day SMA remains stable, reflecting a neutral zone.
- Accumulation signals are improving, with mid-sized Bitcoin whales showing a strong historical correlation to BTC's price movements and collectively accumulating additional BTC.
- On-chain analyst Willy Woo warns of a potential prolonged consolidation phase for Bitcoin if fresh buying pressure does not emerge, highlighting the importance of this week's spot market activity for BTC's direction in the coming months.
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Livebitcoinnews
21h
353
Image Credit: Livebitcoinnews
Use Robinhood Wallet for XRP Mining and Pocket $7,700 Each Day
- XRP Mining platform allows users to make payments using Robinhood wallets and potentially earn up to $7,700 daily in 2025.
- Cloud mining offers a passive income solution through renting mining power globally with AI-based strategies like those offered by XRP Mining.
- XRP Mining, founded in the UK in 2018, has become a leader in cloud mining, utilizing advanced AI technology and clean energy for sustainability.
- To join XRP Mining, users can register on xrpmining.com, choose a suitable mining package, recharge using various currencies, start mining, and withdraw earnings.
- XRP Mining's offerings include different investment amounts and daily income values based on the selected mining package.
- The platform supports various stablecoins like USDT-TRC 20, BTC, XRP, ETH, and more for top-ups and mining activities.
- XRP Mining ensures a stable power supply using renewable energy sources and high-security measures to safeguard user funds.
- The mining team consists of industry professionals, and XRP Mining does not require users to own hardware for mining.
- XRP Mining's customer service operates 24/7 to assist users, making participation in cloud mining accessible and convenient for all.
- Using the Robinhood wallet for XRP mining streamlines the payment process, reducing barriers to entry for both experienced and novice cryptocurrency users.
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Coindoo
21h
37
Image Credit: Coindoo
PSG Confirms Bitcoin Treasury Allocation, Calls It Move for ‘Next Generation’
- Paris Saint-Germain (PSG) has confirmed allocating a portion of its treasury into Bitcoin, citing a move for the 'Next Generation'.
- More than 80% of PSG's fan base is under 34, and the club sees itself as the club of the new generation, similar to Bitcoin's representation of the financial future.
- PSG converted part of its fiat reserves into Bitcoin last year and continues to hold it on their books.
- The move by PSG aligns with the global trend of corporations and institutions adopting Bitcoin as a long-term store of value, bridging the worlds of global sport and digital finance.
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The Verge
21h
216
Image Credit: The Verge
AI could consume more power than Bitcoin by the end of 2025
- AI could surpass Bitcoin mining in energy consumption by the end of 2025, using close to half of all electricity consumed by data centers globally.
- Estimates from Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam, suggest that AI already accounts for up to a fifth of data centers' electricity use.
- The exact energy consumption of AI is uncertain, as big tech companies have not shared specific data. Researchers are projecting based on the supply chain of specialized computer chips for AI.
- Despite efficiency gains, AI's energy consumption is increasing, prompting the need for closer examination of its impact on electricity usage.
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Livebitcoinnews
21h
353
Image Credit: Livebitcoinnews
FTX Set to Distribute $5B in Stablecoins to Creditors
- FTX cryptocurrency exchange will distribute $5 billion in stablecoins to creditors by May 2025 as part of the bankruptcy repayment plan approved by the court.
- Total claims by creditors amount to $11.745 million, with anticipated recoveries between $14.459 million and $16.254 million, resulting in a recovery rate of 123% to 138%.
- Creditors express frustration over the payout structure based on 2022 asset valuations, which do not reflect the significant growth in cryptocurrency prices since then.
- The distribution of stablecoins marks a first in crypto bankruptcies, with creditors receiving payouts in phases based on claim amounts, while critics urge for a more accurate reflection of current asset values.
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Livebitcoinnews
22h
283
Image Credit: Livebitcoinnews
Bolivia Bans Crypto for Energy Payments Over Market Fears
- Bolivia has banned the use of cryptocurrencies for energy payments to maintain economic stability and reduce volatility.
- This ban, enacted through presidential order 5399, aims to prevent speculation in digital asset markets and maintain the stability of the national currency.
- The decision to forbid crypto fuel payments follows a previous plan to use digital currencies to address dollar shortages and fuel crisis, which has now been canceled.
- Bolivia's ban impacts the national oil corporation, YPFB, which had planned to use cryptocurrencies for energy purchases but will now revert to traditional financial systems.
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Coindoo
22h
37
Image Credit: Coindoo
Bitcoin Selling Pressure Remains Low, Says CryptoQuant Analysis
- The report analyzes Binance inflow data from Short-Term Holders (STH) and Long-Term Holders (LTH) to assess selling pressure.
- STH behavior is currently stable with only 8,000 BTC inflows, indicating moderate selling pressure.
- LTH activity shows minimal involvement with only 86 BTC inflows, signaling high conviction and no near-term price drag.
- Despite low inflows from both STH and LTH, current demand levels suggest that there is no significant downside pressure on Bitcoin prices.
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Zycrypto
22h
22
Image Credit: Zycrypto
Pakistan To Launch Strategic Bitcoin Reserve Amid Global Race For Digital Gold
- Pakistan plans to launch a strategic Bitcoin reserve, following the trend of nation-states embracing pro-crypto policies.
- The move is inspired by the US, where President Trump signed an executive order for a US strategic Bitcoin reserve, comprised of BTC from forfeitures.
- Pakistan's government will hold its Bitcoin reserve and not sell them, allocating 2,000 megawatts of excess electricity for Bitcoin mining and AI data centers.
- This marks a significant shift from Pakistan's previous stance on cryptocurrencies, moving from contemplating a ban to welcoming miners and building infrastructure for digital assets.
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Livebitcoinnews
22h
115
Image Credit: Livebitcoinnews
Web3 ai’s 1,747% ROI and AI Risk Tool Make It the Highest ROI Crypto Over Pi and Cardano
- Web3 ai's AI Tools and 1,747% ROI set it apart as the highest ROI crypto amidst Pi Coin and Cardano's trending resurgence.
- Pi's symmetrical triangle pattern indicates a potential 20% breakout, while Cardano could reach $0.80 on ETF speculation.
- However, Pi and Cardano lack the early-stage utility and massive ROI projection offered by Web3 ai.
- Currently in presale at $0.000402, Web3 ai already raised over $6 million, projecting a 1,747% ROI at launch.
- Web3 ai's AI-Powered Risk Management Tool aims to provide real-time portfolio protection and stands out as the highest ROI crypto.
- Pi Chart Pattern suggests a 20% upside move with stabilizing volume, higher lows, and strong consolidation.
- Cardano's potential ETF approval could drive the price towards $0.80, supported by strong technicals and ecosystem growth.
- Web3 ai's AI Risk Tool offers real utility with features like Value at Risk, Monte Carlo simulations, and stop-loss execution.
- The tool also provides customizable risk alerts and adapts to changing market dynamics, catering to active crypto investors' needs.
- Web3 ai's unique utility and infrastructure support set it apart from trending projects like Pi and Cardano, positioning it as the highest ROI crypto.
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