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Africa’s Bitcoin Mining Map Expands As Ethiopia Seeks Global Partner

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Ethiopia has announced it is looking for a global partner to build a state-backed Bitcoin mining operation, moving from a model of hosting private miners toward something run with government involvement. Related Reading: Pump.fun Pushes Past Memecoins, Launches Investment Arm To Back New Projects The call for partners was made at the Finance Forward Ethiopia […]
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US Treasury Secretary Discusses Strategic Bitcoin Reserve Plans As Price Crashes Below $90,000

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On Tuesday, US Treasury Secretary Scott Bessent confirmed plans for the country’s Strategic Bitcoin Reserve (SBR), coinciding with a sharp decline in BTC and the overall cryptocurrency market.  All Seized Bitcoin To Be Held In Strategic Reserve In a discussion about the government’s approach to BTC and the recent seizures of the cryptocurrency, Bessent reassured […]
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Party’s Over For Bitcoin Bulls: Analyst Reveals The Next Steps

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Bitcoin’s price action in recent days has shifted from controlled upward momentum to rejection in the past 24 hours. After failing to hold above $97,000 last week, Bitcoin has rolled over with expanding downside momentum, printing consecutive indecisive bearish candles on the daily timeframe. An interesting view was laid out in a recent technical analysis […]
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Popular Strategist Removes Bitcoin From Portfolio Due To Quantum Threat — What’s Happening?

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The global head of equity strategy at Jefferies has removed Bitcoin from his model portfolio, citing the potential threat of quantum computing as his reasoning. Why Market Strategist Cut 10% BTC Exposure Christopher Wood, global head of equity strategy at Jefferies, has dropped a 10% allocation to Bitcoin, the world’s largest cryptocurrency by market capitalization, […]
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Tennessee Plans Strategic Bitcoin Reserve Allocating Up To 10% Of State Funds

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Despite facing a significant setback with the delay of the crucial vote on the crypto market structure bill, cryptocurrency adoption continues to gain momentum across the United States. Tennessee is now looking to follow Texas’s lead by introducing a new bill, HB1695, aimed at establishing its own Strategic Bitcoin Reserve. Tennessee’s Bitcoin Reserve Proposal  According […]