Day: August 4, 2025

Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report 

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Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […] Original

Cardano Development Proposal Secures $71 Million From Treasury

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Cardano’s core development team has received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network. Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, six against, and seven abstaining, according to the governance action. The 12-month development plan focuses on improving scalability, the developer experience, and interoperability. However, the proposal garnered some concern from the community over costs,…

Bitcoin Drops 5% As Historical August Bearish Trend Continues

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Bitcoin will likely need to hold above the $110,000 support level to get a chance at retesting its all-time high, according to an analyst, as Bitcoin fell 5% over the weekend. Bitcoin fell from about $118,330 on Friday, dropping to $112,300 on Sunday, a bearish start to a historically bad month for Bitcoin. “A lot will depend on how risk sentiment holds together after Friday’s dire [US] jobs report and new tariff developments,” IG markets analyst Tony Sycamore told Cointelegraph on Monday as Bitcoin reclaimed $114,800. He said the pullback…

HASHWHALE BITCOIN MINING FREE BTC MINING

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Disclaimer: This Video Is For Educational Purposes Only. Crypto Has Risks. #crypto #cryptocurrency #mining #bitcoin ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Finding a Foot Long Crystal! 😮

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Another exciting and unexpected crystal find from the Unicorn Pocket at the Fisher Mountain mine in Arkansas with @thecrystalcollector at @avantmining! We had no idea this crystal was going to be so big in the beginning so it was very exciting to pull out! We hope you have been enjoying our digging videos from our recent trip to Arkansas! More coming soon, so stay tuned 😊🫶 #shorts #digging #quartz #crystals #minerals #findingcrystals #rockhounding #rocks #gemstone ▶ Coinbase Website: Coinbase.com ▶ CEX Website:…

XRP Positioned to Play Key Role in Bridging Tokenized Assets Across Jurisdictions, Says Ripple CTO

XRP is rapidly emerging as the backbone of tokenized financial markets, with Ripple’s CTO spotlighting its real-time liquidity, cross-border agility, and unmatched settlement scalability. Ripple CTO Highlights How XRP Powers Scalable Settlement in Tokenized Markets Ripple Chief Technology Officer David Schwartz addressed XRP’s strategic function in global asset settlement in a post on social media […] Source CryptoX Portal

Banker EXPOSES EU COLLAPSE – Billionaires FLEE to BITCOIN (2025) | Phil Lojacono

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Phil from Berglinde discusses the Bitcoin-backed lending revolution and why these credit markets remain dramatically mispriced compared to traditional finance. The conversation covers institutional Bitcoin adoption challenges in Europe, multi-institution custody solutions, and Swiss banking perspectives on regulatory frameworks. Phil explains how Bitcoin collateral offers superior risk-adjusted returns while European regulators lag behind American progress. Topics include the Swiss National Bank’s MicroStrategy holdings, direct democracy principles that mirror Bitcoin’s decentralization, and why the European Union’s centralized approach is failing. The discussion explores…

David Sacks Says AI Job Loss Fears Overhyped

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White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human supervision to generate real business value. His comments come after Microsoft researchers unveiled a list of the 40 positions most likely to be replaced by AI, some of which are roles also found within the crypto industry.  But Sacks said the “AI job loss narrative is overhyped,” pointing out in a Saturday post on X that AI still needs…

SEC v Ripple: SEC Has Just Days Left to Respond on XRP Case, Says Legal Expert

XRP is accelerating in adoption as institutional confidence rises, legal clarity deepens, and ETF buzz builds—while the SEC faces a tightening August deadline in court. Deadline Pressure Builds on SEC in Ripple Case While XRP Gains Traction The crypto community remains closely focused on the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple, hoping […] Source CryptoX Portal