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Crypto & Blockchain News
Bitcoin experienced a correction after reaching a record high of $111,800, sparking discussions about the possible start of altseason and high market volatility.
On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
Bitcoin's mining difficulty rose 3.7% in 24 hours, making mining more difficult and highlighting the need for energy efficient solutions in the industry.
U.S. bitcoin-ETFs raised 25,500 BTC in a week, indicating high investor interest.
Bitcoin surpassed $106k thanks to a short squeeze and bullish sentiment, but high volatility and resistance at $109k pose correction risks.
The Russian Ministry of Energy announced a complete ban on cryptocurrency mining in the Transbaikal Territory and Buryatia, which will come into effect in May 2025.
BitRiver and En+ have entered into a 1.2 billion ruble legal dispute over disagreements in a joint cryptocurrency mining project.
CleanSpark mined 633 bitcoins in April 2025, raised a $200 million loan facility from Coinbase and is expanding capacity in Tennessee and Wyoming.
The company sold $38.8 million worth of bitcoins, signaling financial challenges in the mining industry.
On May 6, 2025, the bitcoin network hashrate remains at a level close to the all-time high of 1 zettahash per second (ZH/s) reached in April 2025, when the network first surpassed this..
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