Paraguay

News 2025 August 15, 00:01 (23 days ago )

6h Crypto Recap: Bitcoin ETF, Mining Developments, and Market Predictions

#BlackRock's Bitcoin ETF has achieved a remarkable milestone, surpassing $90 billion in assets under management (AUM). This achievement highlights the growing institutional interest in #Bitcoin and the potential for further market expansion.

In a surprising move, former President #Trump has ordered 16,000 #Bitmain ASIC miners amid ongoing trade tensions. This acquisition is seen as a strategic effort to bolster the U.S. mining industry and enhance domestic Bitcoin production.

Concerns over Bitcoin mining in #Paraguay have eased following assurances from local power providers. This development comes as the country looks to balance energy demands with the growing mining sector.