BREAKING
260d 1h ago

Pakistan Allocates 2000 Megawatts to Boost Bitcoin Mining and AI Data Centers Amid Cryptocurrency Legalization Efforts

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Pakistan is taking significant strides towards embracing the cryptocurrency sector with the allocation of 2000 megawatts of power capacity to support Bitcoin mining and AI data centers. This initiative marks the commencement of a comprehensive national strategy aimed at legalizing cryptocurrencies and fostering foreign investment. The Ministry of Finance has articulated that this endeavor, spearheaded by the Pakistan Cryptocurrency Council, is set to optimize excess energy resources, thereby creating high-tech job opportunities across the country. As the regulatory landscape evolves, Pakistan positions itself as a key player in the global crypto arena, leveraging its energy surplus to bolster economic growth in innovative technology sectors.

Share News:
Don't Miss Breaking News