The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.” In a Friday notice, the Norwegian government said it would be conducting an investigation in autumn that could result in a temporary ban on crypto mining data centers. Officials said they had the authority to enforce such a ban under Norway’s Planning and Building Act, which includes provisions on allocating energy. “It is uncertain how big a problem crypto mining will…
Day: June 20, 2025
The Venture Capital Race and Rise of Decentralized AI
The convergence between blockchain technology and artificial intelligence is intensifying, with key industry figures like Ben Goertzel convinced that AI should be decentralized. This convergence was even highlighted by the World Economic Forum, which argued in 2024 that “Synergies between spatial computing, blockchain and AI will augment our experiences and increasingly guide our interactions with the digital world.” Prominent crypto venture capitalist Marc Andreessen believes control over AI is a top strategic priority for China and the United States, as the two nations enter a “Cold War-style” race for technological…
Inside the World’s Deepest Gold Mine! 🔥⛏️ 5KM Underground in South Africa!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This gold mine in South Africa is the deepest on Earth—5,000 meters down! 🌍💛 The heat here is crazy, but workers wear special suits and oxygen to stay safe. They dig up 8,000kg of GOLD every year! This mine opened in 1986… would you work here for gold? 💰 👇 Comment below! 👍 Like & Subscribe for more wild stories! #GoldMine #DeepestMine #SouthAfrica #Mining #GoldRush #ExtremeJobs #DangerousWork #AmazingFacts ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Kraken Picks Wyoming Over Silicon Valley as State Cements Role in US Crypto Policy
Key Notes Wyoming leads US crypto regulation with over 30 specialized laws covering custody, staking, and DAO formation since 2020. Kraken received the first Special Purpose Depository Institution charter, enabling full-reserve banking operations for digital assets. The exchange deepened Wyoming ties through $300K university grants and co-hosting major blockchain events in the state. Kraken has officially moved its headquarters from San Francisco to Cheyenne, Wyoming, reinforcing its long-standing confidence in the state’s supportive regulatory approach to digital assets. The relocation highlights Wyoming’s increasing prominence in shaping US crypto policy and…
Solana Analyst Sees $123 And $116 As Mid-Zone Support Levels – Here’s Why
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is currently testing a critical demand zone near the $150 level after enduring weeks of persistent selling pressure and a broader shift in market sentiment. The asset is now trading roughly 20% below its May…
From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining
The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community Norway’s government announced June 20 its intention to implement a temporary ban on the establishment of new data centers engaged […] Original
QCP Insights: Geopolitical Tensions Freeze Crypto Markets While Oil Holds Steady
Bitcoin and ethereum remain range-bound as traders hedge for potential downside risk, awaiting a macro catalyst, while oil and gold prices respond to Middle East tensions. Crypto Derivatives Point to Caution As Markets Brace for Macro Triggers Global markets appear to be in a holding pattern as traders digest ongoing geopolitical risks and prepare for […] Source CryptoX Portal
Crypto ETF Approvals Likely as SEC Continues Pro-Industry Shift
The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and James Seyffart. In a social media post on Friday, Seffart said he and Balchunas have raised their odds for the vast majority of crypto ETF approvals to “90% or higher,” citing “very positive” engagement from the SEC. The analysts also suggested that the SEC “likely” views cryptocurrencies such as Litecoin (LTC), Solana (SOL),…
Crypto User Attacked In France Over Ledger Hardware Wallet
France has reportedly seen another incident targeting cryptocurrency users, this time involving the kidnapping of a 23-year-old man in a Paris suburb. According to a Thursday report from French news outlet Le Parisien, the victim was abducted in Maisons-Alfort and held captive for several hours while the perpetrators demanded his partner to turn over 5,000 euros ($5,764) in cash, along with the key to a Ledger hardware wallet containing an unreported amount of crypto. The report suggested that the criminals used violence to extract information regarding his digital assets. The…
KindlyMD, Nakamoto secure $51.5m more for Bitcoin push
Utah-based telehealth provider KindlyMD is now channeling millions into Bitcoin via its expected merger with Nakamoto. The latest $51.5 million PIPE round proves investors are all-in on the crypto pivot, even as skeptics question the long-term play. KindlyMD and Nakamoto Holdings, the Bitcoin (BTC)-focused investment firm founded by David Bailey, announced on June 20 that they have secured an additional $51.5 million in PIPE financing, bringing their total committed capital for Bitcoin treasury accumulation to $763 million. The latest round, priced at $5 per share in KindlyMD stock, was fully…