Tether Expands Bitcoin Mining in Africa via OCEAN’s Decentralized Platform
Tether has announced a strategic expansion of its Bitcoin mining operations in Africa by partnering with OCEAN Mining. This move underscores Tether’s commitment to decentralized mining infrastructure, leveraging OCEAN’s innovative block template technology to reduce reliance on centralized intermediaries. The deployment aligns with Tether’s broader vision for a more resilient and distributed Bitcoin network.
Tether Extends Mining Operations on Africa with OCEAN Mining
Tether has announced that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining as part of its African strategy. This decision marks a shift in the company’s operational mining infrastructure toward software that permits miners to construct block templates independently without reliance on centralized intermediaries. The deployment will utilize OCEAN’s Decentralized Alternative Templates for Universal Mining (DATUM) Gateway protocol, which aims to support low-latency, high-throughput mining activity across geographies with limited internet capacity. Tether stated that the protocol’s design meets its internal requirements for performance and independence, particularly in locations where network connectivity may otherwise present operational limitations.
Tether Supports Bitcoin Mining Pool Ocean by Deploying Hashrate
Stablecoin giant Tether has announced it will direct resources to help the Bitcoin mining pool Ocean by deploying both existing and future hashrate. The El Salvador-based company aims to support the resilience, transparency, and decentralization of Bitcoin’s foundational infrastructure. Hashrate is the computational power used by the Bitcoin network, and more hashrate means more efficient block finding and rewards. Tether CEO Paolo Ardoino said deploying hashrate to Ocean aligns with their mining investment strategy.
Bitcoin Fear & Greed Index Reaches 31, Market Volatility Continues
The Bitcoin Fear and Greed Index is currently at 31, reflecting investor anxiety. Despite BTC price holding important support levels, the market remains volatile with bears prevailing. Traders are feeling fear and exercising caution. There is potential for a short-term price spike to $89,500 due to clustered liquidation levels, but the market could experience significant ups and downs over the next 22 hours. Bitcoin is currently trading at $85,539.92, and its price trajectory might be uncertain over the rest of the week or might even drop. This expected volatility is partly based on the current instability in the bond market, which also impacts stock prices.
Trump Administration Plan To Buy Bitcoin Using Tariff Revenue
The Trump administration announces plans to use tariff money to buy Bitcoin, aiming to create a strategic reserve of cryptocurrencies. This move comes as Bitcoin is 25% down from its peak, sparking debate on whether this is the right time for the U.S. to buy Bitcoin at a lower price using tariff funds. Last month, U.S. President Donald Trump signed an executive order to create a strategic reserve of cryptocurrencies using digital tokens the government already owns. He also tasked the U.S. commerce and treasury secretaries to develop budget-neutral strategies to buy more Bitcoin without additional costs to taxpayers.
84,600 Dollars For Bitcoin: Are The Bulls Back?
The Bitcoin (BTC) has recently made headlines by reaching 85,800 dollars on April 14, 2025, before stabilizing at 84,600 dollars, temporarily breaking a downward trend. This surge follows an unexpected announcement from US President Donald Trump regarding a partial easing of tariffs on imports, particularly for semiconductors, a crucial sector for the global economy. However, enthusiasm quickly waned when Trump specified that these exemptions, notably for smartphones, could be temporary. This uncertainty, combined with ongoing trade tensions between the United States and China, hampered further upward momentum.
