BREAKING
257d 21h ago

Pakistan to Establish National Strategic Bitcoin Reserve: A New Era for Cryptocurrency in the Country

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

In a significant development at the “Bitcoin 2025” conference, Bilal Bin Saqib, the Special Assistant to the Prime Minister of Pakistan, revealed the government’s intention to create a **national strategic Bitcoin reserve**. This initiative aims to **solidify Pakistan’s position** in the burgeoning crypto landscape. Bin Saqib emphasized the long-term vision, stating, “We will hold these bitcoins and never sell them,” echoing similar moves seen in the **United States**. Additionally, the government has announced the allocation of an extra 2000 megawatts of electricity to facilitate Bitcoin mining and AI data centers. This strategy is designed to enhance **revenue generation**, stimulate **job creation**, and draw in **foreign investment**. Moreover, Bin Saqib, who is also an advisor to the **Trump crypto project**, World Liberty Financial, is confident that these measures will significantly benefit Pakistan’s **blockchain ecosystem** and foster economic growth.

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