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Crypto & Blockchain News
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..
Binance founder Changpeng Zhao advised the country's government to use bitcoin and Binance Coin (BNB) as initial assets to form a national cryptocurrency reserve.
Kuwait is toughening its crackdown on illegal cryptocurrency mining, conducting raids and blocking sites to reduce the strain on the power grid caused by the energy crisis.
Phoenix Group has expanded its bitcoin mining capacity in Ethiopia by 52 MW, reaching 132 MW in the country and exceeding 500 MW globally, utilizing mostly renewable hydropower.
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