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Phoenix Group Expands Bitcoin Mining Capacity in Ethiopia to 132 Megawatts, Emphasizing Sustainable Energy Solutions

Phoenix Group has significantly expanded its Bitcoin mining capability in Ethiopia, now reaching a total capacity of 132 megawatts, contributing to its...

Standard Chartered Suggests Bitcoin Could Reach $120,000 in Q2 Amid Rising Institutional Interest and ETF Inflows

Standard Chartered forecasts Bitcoin could hit $120K in Q2, driven by strong ETF inflows and increasing demand amid global market volatility. ...

Tether Gold (XAUT) Achieves Significant Growth with Over 7.7 Tons of Gold Backing Amid Economic Uncertainty

Tether's recent attestation report reveals XAUT's substantial gold backing, indicating a strong demand for digital asset security amid economic uncertainty. As...

Tether’s $1 Billion USDT Minting on Tron Raises Market Optimism and Potential for Price Growth

Tether minted $1 billion USDT on the Tron network today, boosting its total minted tokens to 12 billion since January. Major...

El Salvador’s Bitcoin Reserves Grow Amid IMF Compliance Claims and Structural Reforms

The International Monetary Fund (IMF) has recognized El Salvador's adherence to its agreement to cease Bitcoin accumulation in the public sector. ...

Stripe Explores Stablecoin Development Following Bridge Acquisition, Targeting Global Businesses

Payment giant Stripe has officially confirmed it is developing a stablecoin product. The firm is leveraging technology from its recent $1.1...

Bitcoin ETFs Experience Influx Amid Positive Sentiment Shift in Crypto Market

This week's crypto market experienced a significant momentum shift as Bitcoin ETF inflows soared to their highest levels in four months, signaling...

Swiss National Bank Rejects Bitcoin Reserve Inclusion Amid Local Industry Pressure

The Swiss National Bank has firmly rejected proposals to include Bitcoin in its reserves, underscoring ongoing concerns about stability in the volatile...

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