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Why Is Bitcoin Going Up; Pakistan Proposes Crypto Mining Using Surplus Energy
Pakistan has proposed using excess energy for Bitcoin mining, marking a departure from its previous stance on cryptocurrencies. The plan was introduced by the newly-formed Crypto Council, led by CEO Bilal Bin Saqib, during its first meeting. Senior government officials support the initiative, which aims to establish Pakistan as a crypto hub by utilizing surplus energy, Coinfomania reported. Meanwhile, Bitcoin’s price has shown bullish momentum. The BTCUSD H1 chart indicates a move towards a significant resistance level. A breakout may strengthen the upward trend and attract more intraday buyers. This move ... (full story)
