ASIA
13 mája, 2024
144 views 4 mins 0

CHINA EMERGING AS SURPRISING SOURCE OF BITCOIN DEMAND

Last week, I put the massive buying pressure coming to bitcoin in context, but there is another — perhaps the largest — source of potential demand entering the scene. We already know the Bitcoin ETFs, MicroStrategy issuing more shares to buy more bitcoin, Tether’s constant buying, and the halving will all be major sources of demand this cycle. For example, […]

ASIA
13 mája, 2024
139 views 13 secs 0

CHINESE PARTNERSHIP TO BRING LARGE-SCALE BITCOIN MINING TO ETHIOPIA

The Ethiopian government is set to enter a partnership with companies from China to establish powerful new Bitcoin mining infrastructure in the country, all centered around a massive hydroelectric dam.   On Thursday, February 14, actors involved with the project announced a partnership between Ethiopian Investment Holdings, a state-owned investment firm, and Data Center Service PLC, subsidiary […]