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Pakistan has allocated 2,000 MW of surplus electricity to support Bitcoin mining and AI infrastructure.The initiative is expected to attract billions in foreign investment and generate high-skilled jobs.A new regulatory authority and global partnerships aim to position Pakistan as a leader in crypto and AI innovation. Pakistan has committed 2,000 megawatts of surplus electricity to fuel Bitcoin mining and artificial intelligence centers, marking a bold step in its digital transformation agenda. The initiative, driven by the Pakistan Crypto Council and supported by the Ministry of Finance, aims to attract foreign investment while positioning the country as a serious player in the tech economy. In the first phase, the government will direct excess power to infrastructure supporting crypto mining and AI development, according to a May 25 report by local news outlet 24NewsHD TV Channel. 👍🚀$BTC $BNB #Write2Earn!
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Coinbase Investors File Suit Over Alleged Mishandling of User Data Leak Coinbase is facing a class action lawsuit from shareholders who allege the crypto exchange failed to promptly disclose a serious data breach and a regulatory violation, both of which contributed to a drop in the company’s stock price. The lawsuit, filed Thursday in the US District Court for the Eastern District of Pennsylvania, claims investors suffered significant financial losses as a result of the company’s omissions. According to court filings, the lead plaintiff, investor Brady Nessler, argues that Coinbase kept shareholders in the dark about key risks, including a breach of a 2020 agreement by its UK subsidiary, CB Payments, and a December cyberattack that compromised the personal data of tens of thousands of users. Coinbase didn’t return Crypto news’ request for comment by press time. $BTC $BNB #TrumpTariffs #Write2Earrn 😀🙄🙄
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Largest crypto token unlocks in June Among the largest token unlocks in June is Metars Genesis (MRS), a non-fungible token (NFT) project that will release $193 million worth of tokens on June 21 to fund an artificial intelligence partnership. Since March, MRS has released 10 million tokens per month, with nearly $1 billion in tokens unlocked so far. 👍😀$BTC $BNB $SOL #Write2Earn!
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The bulls will again attempt to drive the price above the $109,588 to $111,980 overhead resistance zone. If they manage to do that, the BTC/USDT pair could rally to the target objective of $130,000. The 20-day exponential moving average (20-EMA) ($104,199) is the critical level to watch out for in the near term. If the support cracks, the pair could plummet to $100,000 and later to the 50-day simple moving average ($94,916).#Write2Earn #MarketRebound $BTC $BNB
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