Grosscrypto News

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

 IMF raises concern over Pakistan’s Bitcoin mining power plan: report  - Latest Cryptocurrency News

IMF questions Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining amid energy shortages and budget talks.

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US government urges court to reject Coinbase user’s crypto records fight

 US government urges court to reject Coinbase user’s crypto records fight  - Latest Cryptocurrency News

US government argues Coinbase user James Harper has no right to block IRS access to his crypto records in Supreme Court filing.

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BlackRock’s Bitcoin ETF ends 31-day inflow streak with biggest outflow ever

 BlackRock’s Bitcoin ETF ends 31-day inflow streak with biggest outflow ever  - Latest Cryptocurrency News

BlackRock ended its spot Bitcoin ETF inflow streak with its largest outflow on record, nearly $12.7 million more than its previous biggest outflow day.

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Ethereum's ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase

 Ethereum's ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase  - Latest Cryptocurrency News

SharpLink Gaming intends to use most of the proceeds from its proposed share sell-off to purchase Ether, according to a recent SEC filing.

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ETH, SOL 'very rare' staking ETFs may launch imminently — Analysts

 ETH, SOL 'very rare' staking ETFs may launch imminently — Analysts  - Latest Cryptocurrency News

REX Shares took a “regulatory end-around” with its Ethereum and Solana staking ETF filings, and the launch looks “imminent,” an ETF analyst says.

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Ethereum futures data and network activity growth back ETH’s price strength

 Ethereum futures data and network activity growth back ETH’s price strength  - Latest Cryptocurrency News

ETH holds on to the bulk of its weekly gains, while BTC and altcoins sell off.

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NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

 NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds  - Latest Cryptocurrency News

Mayor Eric Adams’s push for a Bitcoin-backed municipal bond faces strong opposition from Comptroller Brad Lander, who found the plan "legally dubious and fiscally irresponsible."

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FTX starts $5B payouts — Here’s what you need to know

 FTX starts $5B payouts — Here’s what you need to know  - Latest Cryptocurrency News

The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets.

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Bitcoin ‘supply shock’ could amplify price in coming months — Sygnum

 Bitcoin ‘supply shock’ could amplify price in coming months — Sygnum  - Latest Cryptocurrency News

Institutional demand for Bitcoin and increasing regulatory clarity are positive factors for Bitcoin in 2025, head of research Katalin Tischhauser says.

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Bitcoin drop to $100K likely, but futures market reset means dips won’t last long

 Bitcoin drop to $100K likely, but futures market reset means dips won’t last long  - Latest Cryptocurrency News

Bitcoin’s chance of falling to $100,000 has increased, but the $3.7 billion open interest wipeout means traders will view dips as buying opportunities.

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