Bhutanese prime minister pushes for global embrace of Bitcoin mining

As Bhutan battles youth migration and economic strain, its prime minister says Bitcoin mining offers a path forward, and others should follow. Bhutan, a Buddhist kingdom on the eastern edge of the Himalayas known for its monasteries, seems to be…

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Syrian research explores Bitcoin legislation to stabilize currency amid challenges

The Syrian Center for Economic Research (SCER) has outlined an ambitious proposal to integrate Bitcoin into the Middle Eastern country’s financial system. On Dec. 31, Bam, the founder of the Arabic crypto channel Bitcoin 21, shared the SCER’s proposal on social media platform X while stating: “The Syrian Center for Economic Research publishes a proposal […] The post Syrian research explores Bitcoin legislation to stabilize currency amid challenges appeared first on CryptoSlate.

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Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high

Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a major jump and diversification from its traditional automotive business. Kaixin in…

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Bitcoin Breaks $71,000 Barrier Amid Election Speculation Frenzy

Bitcoin broke past $71,000 Tuesday morning to lead other major altcoins into a bullish trend a week before the US elections. According to CoinGecko’s tracking, Bitcoin touched $71,075 after dipping last week due to rumors circulating over a possible investigation on Tether and the ongoing Middle Eastern conflict.

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Bitcoin’s post-halving volatility during US hours reveals historical patterns

Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during US working hours, i. e. , between 8 A. M. and 8 pm Eastern Time (13:00-01:00 UTC), respectively, and Eastern Daylight Time (12:00-0:00 UTC).

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Bitcoin ETF inflows in US mark largest price boost since approval

Quick Take An in-depth analysis of Bitcoin price variations across different regions, based on a 30-day metric, reveals intriguing patterns. The data from 8 am to 8 pm in Eastern, Central European, and China Standard Time provides insights into regional influences on Bitcoin price changes during typical work hours.

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Are Qatar And Middle East Tycoons Doubling Down On Scarce Bitcoin?

Taking to X on December 4, Mike Alfred, who claims to be an “engaged value investor and board director,” said there have been rumors suggesting that Bitcoin (BTC) traders are facing increased competition from “Qatar’s sovereign wealth fund and other Middle Eastern investors.

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Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy

Abu Dhabi’s Phoenix Group, a Bitcoin (BTC) mining service provider, has completed an initial public offering (IPO) that sold 907 million shares, raising approximately 1. 3 billion UAE Dirhams, or $370 million, according to a Nov.

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Bitcoin Payments App Strike Expands to More Than 65 Countries From Three

Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries, from Antigua and Barbuda to Vanuatu and Zambia.

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Bitcoin, crypto, Nasdaq await interest rate decision as banking turmoil promises extra volatility

Just like the Pope is Catholic, Bitcoin is volatile.  Today, it may be even more so. The ECB is due to announce its latest interest rate decision at 9:15 AM Eastern time in what sets up as one of the most pivotal of the year (this is the second time I have used that pun […] The post Bitcoin, crypto, Nasdaq await interest rate decision as banking turmoil promises extra volatility appeared first on Invezz.

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Bitcoin Magazine Ukraine Launches First Print Issue

Eastern Europe will soon see its first print publication out of Bitcoin Magazine Ukraine, aimed at enabling freedom through Bitcoin.

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Bitcoin Mining Is Proving To Be A Lifeline For Africa’s Oldest National Park

Virunga National Park, located in Eastern Congo, is mining bitcoin to preserve revenue in the face of disease and militia attacks.

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A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says

Since the outbreak of war in Eastern Europe, Bitcoin and cryptocurrency have featured on both sides of the conflict. The post A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says appeared first on CryptoSlate.

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Unknown wallet transfers $3B worth of Bitcoin linked to old address

(Article updated at 10:30 PM Eastern Time to note new details that this might not be a new purchase) A mysterious investor supposedly spent or transferred over $3 billion, or nearly 133,000 Bitcoin on August 10, making a new wallet one of the top three largest individual Bitcoin holders.

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Bitcoin Stays Above $38K While Nickel Surges to $101K in Surprise Run

Crypto markets remained muted as some other sectors showed explosive growth amid conflict in eastern Europe.

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“It Often Takes A Week For The Market To Understand,” Says Binance CEO As Bitcoin Soars

Bitcoin briefly went above the $44k price level as the crypto markets staged a comeback. This comes about a week after the crisis in Eastern Europe that crashed equity and crypto markets. 

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Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis

Bitcoin's mainstream acceptance over the past few years has managed to link the top cryptocurrency with traditional finance in more ways than one. While institutional interest has been a positive signThe post Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis appeared first on AMBCrypto.

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FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis

Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as a “crisis” hedge.

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Over $450M In Liquidations – Bitcoin, Ether, Cardano, XRP Lose Billions Amid Russia’s Invasion Of Ukraine

On Thursday, reports of President Putin giving an Invasion order on Eastern Ukraine weighed down heavily on cryptocurrencies...

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If Russia Invites Bitcoin Adoption, The Global Arms Race Will Begin

Recent pro-Bitcoin developments from Russia could put the Eastern power in a lead position as inflation grows. How will other powers react?

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Another step forward: Belarus to permit institutional investment in digital assets

Belarus, a landlocked country in Eastern Europe has maintained a progressive crypto narrative over the years. The country publicly explored a potential move into mining digital coins like Bitcoin in FThe post Another step forward: Belarus to permit institutional investment in digital assets appeared first on AMBCrypto.

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Bitcoin Magazine Opens Bureau In Ukraine

Bitcoin Magazine is expanding our reach in Eastern Europe and the greater Commonwealth of Independent States (CIS) region by opening up a bureau in Kyiv, Ukraine.

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China’s Anhui province begins its clampdown on Bitcoin (BTC) mining

Eastern China’s Anhui province became the latest regional county to ban Bitcoin mining in the country, weeks after the government unleashed a harsh plan to stamp out the activity in the nation, reported news outlet Reuters this morning.

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A Geopolitics Summer, is it Affecting Bitcoin?

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Premium crypto.ro domain – launched as a media platform in Romania

An important education platform has been born in Eastern Europe,  a new online resource that invites Romania to document daily on the digital currency Bitcoin, as well as other cryptocurrencies. crypto.

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New Report Traces Origin of Extensive Celebrity Bitcoin Scams to Eastern Europe

Bitcoin scam ads appear to be growing as hackers are looking to capitalize on the asset’s rally. In a recent investigation, authorities appear to have traced a Bitcoin ad-based scam operation to addresses in Russia.

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Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

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Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin

Canada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that its entire cash reserves have been converted into bitcoin.

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Another Company Goes All-in In Bitcoin; ‘A Much Better Alternative To Saving Cash’

After billionaire investor Paul Tudor Jones and MicroStrategy, now a small company, a restaurant called Tahinis that specializes in middle eastern cuisine has jumped into Bitcoin. The company took to its Twitter account to share that they have converted their “entire” cash reserves, originally used as savings, into Bitcoin.

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Americans Are Googling ‘Bitcoin’ in the Middle of the Night

1 AM Eastern time is the most popular time in the US to search the biggest word in crypto.

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The Eastern Carribean CBDC Is More Bitcoin & Less Authoritative Token

Located just north of South America, the Eastern Caribbean corridor is one of the world’s fastest-growing cryptocurrency hotspots. Several high profile companies such as Tether have shifted their headquarters to this region.

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About The Clouds: Bitcoin Holds Retest Of Key Weekly Level

Last night at 8PM eastern standard time, Bitcoin price closed its weekly candle at roughly $9,325. While the close marked yet another week of failed attempts to break above $10,000, it also marked the first retest of the Ichimoku indicator Kumo, or “cloud.

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Notes From WEF: Oil-Producing Nations Want Dollar Alternatives, Just Not Bitcoin

Middle Eastern elites at the World Economic Forum are highly skeptical of bitcoin, but there are whispers about its potential for cross-border settlements in the energy sector.

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Notes From the WEF: Oil-Producing Nations Want Dollar Alternatives, Just Not Bitcoin

Middle Eastern elites at the World Economic Forum are highly skeptical of bitcoin, but there are whispers about its potential for cross-border settlements in the energy sector.

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Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US

The recent geopolitical turmoil between Iran and the United States seems to have pushed Bitcoin-related searches across the Middle Eastern nation to an all-time high

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Bitcoin price breakout caused by markets, not by Iran

How did your 2020 begin? While the world's greatest economic and military superpower was inching close to war with yet another Middle Eastern country, Bitcoin was sitting back and watching its value sThe post Bitcoin price breakout caused by markets, not by Iran appeared first on AMBCrypto.

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Worsening Lebanese Crisis May Spark Bitcoin Adoption

The middle eastern nation of Lebanon has been suffering its worst civil and economic crisis since its civil war in the mid-1970s. With no end in sight, the desperate yet resourceful population may start to explore Bitcoin as a weapon against the corrupt political and banking system.

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Bitcoin’s Edge Over Fiat Underscored by Lebanon’s Empty ATMs

Lingering political unrest rendered millions of Lebanese nationals unable to access their own money deposited with banks for the seventh consecutive day on Wednesday, highlighting once again how Bitcoin can serve as an alternative financial system.

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Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Last month, the U. K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations.

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Bitcoin Most Popular in Africa Right Now

The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa, according to Binance Research. Bitcoin Now Most Popular in Nigeria Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term in Google search by country.

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Crypto Twitter Divided Over Bakkt; 50% Expect the Bitcoin Futures to “Flop”

It’s time, guys and gals: Bakkt is finally here. Shortly after the publishing of this article, the Bitcoin (BTC) futures contracts from the much-ballyhooed exchange will finally be going live.

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Major Middle Eastern Bank’s Swiss Subsidiary Offering Bitcoin Services

Arab Bank’s Swiss subsidiary, based in Zug, has announced it will now offer Bitcoin and Ethereum custody and brokerage services. The post Major Middle Eastern Bank’s Swiss Subsidiary Offering Bitcoin Services appeared first on Bitcoin Magazine.

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Alchemy Opens Up Bitcoin Payment to 1.2 Million Merchants in Asia

Retail merchants across Asia can now receive bitcoin and cryptocurrency payments via a new hybrid solution launched by Alchemy. Alchemy Launches Hybrid Bitcoin Payment Solution In a press statement issued Wednesday (September 18, 2019), Alchemy — a global crypto payments service provider announced the launch of the platform.

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Hotmine’s Bitcoin Miners Are Using Mining Rigs To Heat Homes In Eastern Siberia

Oles Slobodenyuk, the CEO of Hotmine, has created a very interesting product. His company decided to create a Bitcoin mining machine that could be used as a way to heat homes. The place in which it will be used? Siberia, one of the world’s coldest regions. The idea of his project is to be able […]

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Hotmine's Bitcoin Mining Rig Doubles As Space Heater

At the Baikal Blockchain and Crypto Forum, mining rig manufacturer Hotmine's CEO Oles Slobodenyuk pitched the company's bitcoin mining rig to residents of Irkutsk, Eastern Siberia, claiming it can earn them up to $55 a month while radiating heat for up to 10 square meters.

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Chinese 'Internet Court' Rules Bitcoin Protected By Property Laws

After a plaintiff sued a closed exchange for not returning their bitcoin, a judge in Hangzhou’s Internet Court in eastern China ruled that bitcoin should be thought of as virtual internet property and is therefore subject to China's property laws.

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New Satoshi Nakamoto Theory Points to Estonia

No one knows the true identity of Bitcoin creator, Satoshi Nakamoto, yet most of us picture a Japanese computer scientist. This new theory however, points towards Estonia as Satoshi’s possible place of residence.

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U.S. Deptartment Of Justice Looks to Extradite Alleged Bitcoin Scammer

In a press release issued on June 19, 2019, the United States Department of Justice (DoJ) unsealed a complaint against a Swedish citizen named Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), for orchestrating a multi-million dollar investment scam using bitcoin.

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Swede facing extradition to US over $11M Bitcoin investment scam

A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), were charged with engaging in a scheme that defrauded more than 3,500 victims of over $11 million.

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