Pakistan Leverages Surplus Electricity for Bitcoin Mining to Boost Revenue and Digital Growth
Pakistan is exploring a strategic initiative to utilize its excess electricity for Bitcoin mining, aiming to transform unused energy into a profitable venture in the cryptocurrency sector. This forward-thinking approach not only seeks to generate new revenue streams but also supports the nation’s digital infrastructure development while minimizing energy waste. By tapping into the crypto market, Pakistan hopes to attract blockchain investments and position itself as a participant in the evolving financial landscape.
Pakistan Turns Extra Electricity into Bitcoin Mining Power
Pakistan is planning to use its surplus electricity to fuel Bitcoin mining operations. The goal is to turn unused energy into profit by entering the fast-growing crypto space. This move could open new revenue opportunities, support the country’s digital growth, and make better use of excess power. It also positions Pakistan to attract crypto investments while reducing energy waste — a smart step toward embracing the future of blockchain and digital finance.
Bitcoin Gains Role In Sino-Russian Trade Strategy
China and Russia are using Bitcoin to settle certain commercial transactions as part of the BRICS de-dollarization strategy. This marks a turning point in the internationalization of cryptocurrencies and reflects an intention to break free from West-dominated financial circuits. Matthew Sigel, head of crypto research at VanEck, revealed this initiative, which could foreshadow a new monetary order where cryptocurrencies redefine economic sovereignty.
Bitcoin-related Stocks Soar After Trump’s Tariff Truce
The American markets experienced a significant turnaround on Wednesday, April 9, causing a surge in bitcoin-related stocks. President Donald Trump announced a 90-day pause on tariffs, excluding China but sufficient to reignite interest in crypto assets. Strategy, the largest publicly traded Bitcoin holder, saw its stock rise by 23% to $292. Additionally, the ETF T-Rex 2X Long MSTR skyrocketed by 46%. This positive market movement was attributed to the respite provided by the tariff truce.
Bitcoin Inflows to Binance Hit $1.82B Ahead of CPI Data and Tariff Pause
Crypto investors have moved a significant amount of Bitcoin, over 22,000 BTC worth $1.82 billion, into Binance ahead of the U.S. Consumer Price Index (CPI) release on April 10. According to CryptoQuant’s Maarten Regterschot, this sharp increase suggests investors are repositioning due to macro uncertainty, particularly surrounding Donald Trump’s tariff policy and the inflation outlook. This spike in inflows often raises concerns as traders typically move crypto onto exchanges when preparing to sell.
Bitcoin Drawdown Widens to 27% Amid Trade Tensions
Bitcoin has experienced its largest drop since the FTX collapse, with a 27% drawdown from its all-time high. The decline comes amidst escalating global tariff disputes between the US and China. While a recent 90-day pause on reciprocal tariffs by Donald Trump has provided some relief, the market pressure remains. Compared to past bear markets, such as the 83% drop in 2018 and the 73% decline in 2022, this figure is modest but still significantly impacts holders. CryptoQuant data reveals that 25.8% of Bitcoin’s circulating supply has been affected.
Bitcoin Back To $82k as Trump Pauses Import Tariffs for 90 Days, Except China!
The global financial market got relief after U.S. President Donald Trump announced a 90-day pause on import duties for most countries, except China. Bitcoin’s price shot up by 7% in a single day, reaching $82,000. Trump also raised tariffs on Chinese goods to 125%, citing a lack of respect for world markets.
