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Pakistan has unveiled an ambitious plan to use its 2,000 megawatts of excess electricity for bitcoin $BTC mining and artificial intelligence (AI) data centers in a bid to reduce energy waste and accelerate the country’s digital transformation.
Pakistan Uses 2,000 MW of Surplus Electric Power for Bitcoin Mining, Artificial Intelligence to Accelerate Technological Development
As of March 2025, Pakistan's total electricity generation capacity will be 46,600 MW, a slight increase from the previous year.
However, a significant portion of this capacity remains idle at 14%, especially during low demand periods in winter when national demand can drop to as low as 12,000 MW.
To address this inefficiency, the Pakistani government plans to repurpose underutilized thermal power plants and aims to convert excess electricity into revenue-generating opportunities through high-value digital assets and computing power.
In the first phase of the initiative, which is launched in 2025, 2,000 MW has been allocated to support the development of crypto mining facilities and AI infrastructure.
Pakistan plans to integrate renewable energy sources such as solar, wind and hydropower into these activities in the future. This shift represents a long-term step towards sustainable energy use within its emerging digital economy.
This strategy not only aims to ease the financial burden of capacity payments for idle facilities but also prepares Pakistan to join the global race for blockchain and AI innovation.
*This is not investment advice.$BTC

Bitcoin and the cryptocurrency market have been negatively affected by the tension between Israel and Iran.
At this point, cryptocurrency markets fell sharply as investors reacted to renewed military activity in the Middle East and Israeli airstrikes on Iran led to broader risk aversion.
Bitcoin fell to $103,000 before recovering to $104,600, while Ethereum and altcoins also experienced significant declines.
ETH is down 8.8% in the last 24 hours, while XRP is down 5% and Solana (SOL) is down 9%.
However, one analyst said that despite the declines and rising geopolitical tensions, XRP and Solana are still seeing positive influence from corporate narratives and continue to attract institutional interest.
Speaking to Coindesk, Bitget Research Chief Analyst Ryan Lee said that XRP is attracting attention with its growing share in institutional treasuries.
At this point, Ryan Lee stated that companies such as Chinese company Webus International ($ 300 million), VivoPower ($ 121 million), Wellgistics ($ 50 million) and Trident ($ 500 million) are creating XRP buying pressure approaching $ 1 billion.
“The increase in institutional XRP treasuries is a sign of greater institutional adoption of XRP due to its low-cost, high-speed payment capabilities.”
At this point, Lee said that regulatory clarity around XRP and ETF speculations could push XRP to $5 by mid-2025. However, Lee added that downside risks for XRP also remain.
Interest in Solana (SOL) Continues!
Ryan Lee, who also outlined his Solana estimates, said institutional interest in Solana remains buoyant, as SOL benefits from solid network fundamentals and ETF demand, with data pointing to further gains.
Solana rose to around $165, supported by over $1.2 billion in Q1 execution revenue and increased open interest in the futures markets, Lee noted.
This signals renewed confidence in Solana among both retail and institutional players.
At this point, the analyst stated that if the current momentum in Solana continues, the SOL price could rise to the $200-250 range or even exceed $300.
*This is not investment advice.
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Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has delivered one of his starkest economic warnings yet, declaring that the global financial system has entered its final phase. His book, which has sold millions of copies and been translated into dozens of languages worldwide, has made him a leading voice in financial education.
Now, he says the crisis he’s long predicted is no longer in the future — it’s here. Kiyosaki shared on social media platform X on May 21:
The END is here … The party is over. Hyperinflation is here. Millions, young and old to be wiped out financially. Good news. Gold will go to $25,000. Silver to $70. Bitcoin to $500K to $1 million.
The renowned author pointed to a recently failed U.S. bond auction. “The Fed held an auction for U.S. bonds, and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money,” he said. Kiyosaki described the move as confirmation that confidence in the dollar is vanishing, and that the system is now cannibalizing itself. “The END I have been warning the world about is HERE. May God have mercy on our souls,” he wrote.
On May 20, Kiyosaki lambasted the financial industry’s long-standing claim that U.S. bonds are safe, calling it a “Big F’n Lie.” He stressed: “Lesson: Nothing is safe if there is ‘counter party-risk.’” He criticized financial advisors for misleading clients, comparing trust in fiat and institutional finance to trusting a known criminal with your children.
Instead, the famous author renewed his call for people to exit paper assets and embrace tangible stores of value: “As you know, I have been a broken record pleading with people to buy real gold, silver, and bitcoin… no ETFs. ETFs are more expensive toilet paper.” He continued:
Gold, silver and bitcoin are money. Everything else is toilet paper. That is why I have been saying for years…‘Savers (of toilet paper) are losers.’
For years, Kiyosaki has warned that the U.S. economy is teetering on collapse, propped up by debt, manipulation, and what he calls “fake money.” He continues to urge people to prepare by holding bitcoin, gold, and silver — not fiat, not bonds, and not trust in the system

Bitcoin (BTC) enthusiasts are celebrating Bitcoin Pizza Day with a banger. BTC made a new all-time high on Wednesday and has entered price discovery mode. The OG cryptocurrency is trading above $110,000 for the first time ever. The milestone comes as the crypto community cherishes the anniversary of the first real-world Bitcoin transaction.
Is Bitcoin now a safe-haven asset?
The Bitcoin rally to record highs comes in the midst of tectonic moves that are shuffling how traditional assets are perceived by financial markets. 
US Treasury yields are on the rise, with the 30-year Treasury bond yield briefly surpassing 5% this week as Moody’s downgraded the US sovereign debt rating and the US Congress is debating a new tax bill that could shed billions in taxes and add them to the government deficit. 
The correlation between Bitcoin price and the US stock markets is also on the decline. While Bitcoin was making new all-time highs, the S&P 500 lost 1.61% on Wednesday. Institutional and retail investors are increasingly viewing Bitcoin as a portfolio diversifier and a hedge against macroeconomic uncertainty.
 
Henry McVey, KKR’s head of global macro and asset allocation, explained earlier this week in a note that asset managers are seeing both their offensive assets (stocks) and defensive assets (government bonds) decline in value at the same time. “During risk-off days, government bonds are no longer fulfilling their role as the 'shock-absorbers' in a traditional portfolio,” McVey added. 

BTC has decisively outperformed major US equities in 2025. The biggest cryptocurrency is currently up 18% year-to-date, while the S&P 500 closed trading on Wednesday at 5844.61,  0.41% short of its opening levels for 2025. Gold, the most classic safe-haven, has also hit new all-time highs this year above $3,200 per troy ounce, and is rallying again after a brief retracement.
How high can Bitcoin go?
The latest all-time high fuels the debate over Bitcoin’s long-term potential. The list of skyrocketing price predictions is no longer limited to cryptocurrency enthusiasts and long-term HODLers. Institutional analysts and asset managers are also joining the party.
Geoff Kendrick, Head of Digital Assets at Standard Chartered, published a projection on Tuesday saying that Bitcoin could reach $500,000 by 2029. Kendrick points to growing institutional and government interest, especially via indirect exposure through vehicles like MicroStrategy: "The quarterly 13F data (which gauges future demand for Bitcoin from institutions) is the best test of our thesis that BTC will attract new institutional buyer types as the market matures, helping the price reach our $500,000 target level,” Kendrick said.
"We believe that in some cases, MSTR holdings by government entities reflect a desire to gain Bitcoin exposure where local regulations do not allow direct BTC holdings,” he added. Kendrick had already projected a BTC $200,000 price target for the end of 2025 in February.
Cathie Wood’s ARK Invest also published highly ambitious price targets for Bitcoin in April. David Puell, a Research Trading Analyst at the investment firm, set a base case target of $710,000 for Bitcoin by the end of 2030, with a bull case as high as $1.5 million or more. 

ARK’s price models consider adoption by institutional investors, Bitcoin’s role as digital gold, safe-haven demand in emerging markets, and growing use in on-chain financial services. According to Puell, institutional investment is the largest driver in their bull scenario, with Bitcoin potentially capturing a significant share of the global market portfolio and Gold’s market cap.
What is Bitcoin Pizza Day?
Every May 22, Bitcoin enthusiasts celebrate the first purchase of a real-world product with BTC. On this day in 2010, Laszlo Hanyecz, a programmer and early bitcoiner based in Florida, made history by buying two Papa John’s pizzas for 10,000 BTC. 
Hanyecz explained to CBS News’ popular TV show 60 Minutes five years ago how that historical transaction happened. He posted a question on the Bitcoin forum: “If anybody is interested, I am offering 10,000 BTC in exchange for some pizza.” Then, somebody picked that offer, ordered and paid for the pizza with his credit card, and got the bitcoins from Hanyecz, who received the pizza at his house in return.

That transaction, worth about $25 at the time, forever established Bitcoin as more than just a digital curiosity, validating its potential as a medium of exchange with real-world value.
Bitcoin Pizza Day has since become a legendary event in crypto culture, celebrated every year around the world. Every year on May 22, Bitcoin enthusiasts meet in community events to eat some pizza. It serves as a reminder of both Bitcoin’s humble beginnings, its astonishing journey to mainstream adoption, and its current success as an investment and trading asset.
How much would those two pizzas be worth today?
If Laszlo Hanyecz had held onto his 10,000 BTC, those two pizzas would now be worth a whopping $1.1 billion at the current price of $110,000 per Bitcoin.
With that amount, Hanyecz could purchase today some of the most unique real estate properties like Ken Griffin’s mansion in Florida (allegedly the world’s most expensive house), “The Streets of Monaco”, the world’s largest yacht, or US sports franchises like the Miami Marlins of Major League Baseball. 
What was once a $25 pizza order could now match the economic scale of some of the most exclusive assets in the world. Still, Hanyecz has never regretted the transaction. 
“People laugh at that, but at the time, it was not worth anything,” he said.

India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy.

Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity
The Supreme Court of India urged the central government to establish a clear policy on cryptocurrency regulation, citing concerns about its economic impact and likening bitcoin transactions to illegal financial activities. During a bail hearing Monday for a man accused of running unlawful bitcoin trades in Gujarat, a bench comprising Justices Surya Kant and N. Kotiswar Singh raised the issue with Additional Solicitor General Aishwarya Bhati, who appeared on behalf of the Centre. The bench stated:

Why does Centre not come out with a clear cut policy on regulating cryptocurrency? There is a parallel under-market for it and it can affect the economy. By regulating the cryptocurrency, you can keep an eye on the trade.

Justice Kant went further, asserting: “Trading in bitcoin is an illicit trade more or less like a Hawala business.” Bhati responded by stating that she would need to seek instructions from the government before providing a formal position.

The bench made these remarks while reviewing the bail request of Shailesh Babulal Bhatt, who was arrested for allegedly deceiving investors by offering unrealistic returns through bitcoin investments. According to the prosecution, Bhatt was a major aggregator in Gujarat’s bitcoin ecosystem and had reportedly resorted to coercive tactics, including kidnapping, to expand his fraudulent operations.

This is not the first time the Supreme Court has flagged the lack of regulation in India’s cryptocurrency sector. On May 5, the court expressed concern over the absence of a clear legal framework, again comparing bitcoin transactions to hawala operations. The defense argued that a 2020 Supreme Court ruling, which overturned a Reserve Bank of India (RBI) circular banning banks from handling crypto transactions, effectively legitimized cryptocurrency trading and weakened the charges against the accused. The case also seeks to quash multiple FIRs filed nationwide alleging Bhatt defrauded investors.

India’s cryptocurrency regulation remains unresolved since a 2019 draft bill proposed banning private tokens and introducing a central bank digital currency. While no formal law was enacted, the government began taxing crypto in 2022—imposing a 30% gains tax and 1% TDS—treating it as a speculative asset without legal status. Enforcement has increased, with stricter KYC and oversight measures. Regulatory bodies remain divided: SEBI is open to supervising crypto, while the RBI continues to oppose it, citing financial stability concerns.

Despite its current lackluster price action, many crypto analysts have agreed through various analyses over the past few years that XRP has a very bright parabolic rally ahead. This sentiment has particularly gained ground due to its price action in Q4 2024, leading to a multi-year high of $3.34 in January 2025. 
Although XRP has retraced quite a bit from this high, this hasn’t stopped bold long-term projections from resurfacing. One of the more striking forecasts comes from a crypto analyst who believes the altcoin will not only rally into double digits soon but eventually stabilize at $1,000 and become one of the most expensive digital assets in the world.
Crypto market commentator BarriC shared a post on social media platform X outlining a future price trajectory for XRP that begins with a major surge in the coming months. BarriC’s post begins by criticizing the perception that the current price range, which remains below $3, reflects failure. Instead, he views this phase as an accumulation opportunity before a massive breakout. 
According to the analyst, there’s a high possibility that the XRP price will climb to somewhere between $10 and $20 in the next few months. Such a move would undoubtedly be accompanied by a surge in the trading volume and activity surrounding XRP. One such primer is if the cryptocurrency somehow gains full utility and adoption with banks in the next few months, or through the launch of a Spot XRP ETF. This surge, BarriC noted, would likely coincide with the final stages of the current altcoin season.
Following that, he expects a significant market correction, similar to past cycles, which would bring XRP back down to the $5 to $10 range. Previous cycles dating back to 2016 have typically ended with a sharp 50% market dip. If this happens again, the lower boundary for the next cycle could land between $5 and $10. This mid-cycle dip, according to BarriC, will be the last time XRP is considered cheap before it enters a fundamentally different phase.
BarriC’s prediction is ultimately based on banks’ mass institutional adoption of XRP. He noted that when the asset becomes deeply integrated into the daily operations of banks and financial institutions, we will see a $1,000 XRP. Once trillions of dollars begin flowing consistently through the XRP Ledger, there will be no more volatility and bear market phases for its price. 
At that point, BarriC believes the altcoin will stabilize at a $1,000 valuation, not as a temporary peak but as a structural price floor. In this case, future investors may only be able to afford fractions of one XRP, much like Bitcoin currently.
At the time of writing, XRP is trading at $2.30, down by 2.35% in the past 24 hours. XRP has been steadily declining from $2.62 in the past seven days.
Trade Here $XRP

JP Morgan boss Jamie Dimon said on Monday that his bank will allow its customers to buy $BTC —the latest sign of the bank's increased openness to the asset, despite Dimon's years of criticizing the largest crypto by market value and digital assets more widely. 

In remarks during the investment bank's investor day, Dimon said that JP Morgan clients would soon be able to buy BTC, although the bank wouldn't custody it. 

"We are going to allow you to buy it," Dimon said at the bank's annual investor day on Monday. "We're not going to custody it. We're going to put it in statements for clients."

The pronouncement represents a pivot for JP Morgan and wider embrace of the traditional finance world that once shunned Bitcoin.  

Dimon has been particularly critical of Bitcoin, saying at one point that the biggest digital coin's "true use case" was for criminals. 

The billionaire banker has also called Bitcoin "a fraud," and last year described it as a "pet rock," before telling journalists he'd "shut it down" if he could. 

"I've always been opposed to crypto, Bitcoin, etcetera," he said in 2023. 

But now—likely due to client demands—the bank will allow customers to buy it, Dimon said. 

Other top U.S. banks are also offering crypto-related products. Morgan Stanley boss Ted Pick said in January the bank would work with regulators to see how they could offer crypto safely and said in January that it would allow financial advisors to pitch some spot bitcoin exchange-traded funds to qualified customers.

Despite criticizing Bitcoin itself, Dimon, who's been CEO of the world's largest investment bank since 2006, has praised blockchain technology, and the bank has used the technology for its own projects.

U.S. regulators are now taking a more relaxed approach to the space since crypto-friendly Donald Trump became president last year.

Under the new commander in chief, the Securities and Exchange Commission in January rescinded the Staff Accounting Bulletin (SAB) No. 121, a bill that prevented banks from custodying digital assets.
#Bitcoin❗
#Bitcoinarena

The crypto market is traversing through a sharp pullback today, largely due to profit-taking after a notable uptrend. That surge was previously fueled by lower U.S. inflation data, strong Chinese tech earnings, and optimism surrounding a U.S.-China trade deal. However, investor caution has returned, particularly with Producer Price Index figures on the horizon, and the $3.1 billion options expiry.
The volatility has been evident in the numbers in the crypto market. At the time of press, the global crypto market cap has fallen by 2.24% to $3.29 trillion, with 24-hour trading volume down 22.55% to $118.77 billion. The tremors can be felt in Bitcoin, Ethereum, and XRP prices, and we will be exploring what lies ahead for the top 3 cryptos.
Bitcoin (BTC) Price Prediction:
Bitcoin price is now trading at $102,3098.18, with a 1.65% drop since yesterday. BTC’s market cap now hovers around $2.03T, while trading volume has slipped by 11.28% to $44.85B. Talking about BTC’s price bandwidth today, it briefly touched a daily low of $101,540.87 and hit a high of $104,303.57.
Looking at the chart, Bitcoin faces immediate resistance at $105,000, and if bulls mark that level, it could make another attempt at the psychological resistance at $110,000. On the flip side, support at $101,000 is critical, a break below this could hammer the price toward the $100,000 level. $BTC
Ethereum (ETH) Price Prediction:
Ethereum has retraced back 2.44% since yesterday to $2,556.63, with a steep drop of 38.89% in intraday volume now at $23.47B. ETH’s market cap has slipped to $308.88B. ETH found support at $2,517.25, while facing resistance near $2,645.07.
The RSI sits in the overbought territory, yet indicates that bullish momentum remains intact for now. Should ETH bounce off its 200-day EMA at $2,431, it may rally again toward the $2,645.07 resistance, after encountering one at $2,517.25. And possibly retest $3,000, a major psychological hurdle. However, a daily close below the 200-day EMA could open doors for a retreat toward $2,000 support. $ETH
XRP Price Prediction:
XRP is currently trading at $2.47, with a sharp 5.72% decline, with market cap and volume both reflecting bearish pressure. The coin hit a low of $2.45 and was capped at a high of $2.62 in the last 24 hours.
Technicals show XRP facing immediate resistance at $2.50, and a break above could fuel a push toward the $3 psychological level. However, any deeper correction may drag XRP down to its 50-day EMA around the $2.20 support level, which could serve as a make-or-break zone. $XRP
#TradeStories

In the last few days Ethereum $ETH has experienced a strong recovery rally, rising from below $2,000 to almost $2,700. ETH may be set to continue its ascent toward $3,000 in the near future for three specific reasons even though some of this spike can be ascribed to general market momentum. There has been one of the biggest accumulation spikes in years in addresses with 10,000-100,000 ETH.
These wallets usually belong to high-net-worth individuals, funds and institutions. These organizations tend to position themselves ahead of significant movements rather than chase prices. The magnitude and velocity of this accumulation point to confidence in Ethereum's medium-term course. Significant whale accumulation has historically come before noteworthy rallies, and this time appears to be no exception
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3 Reasons Why Ethereum (ETH) Moving to $3,000
ByArman Shirinyan
Sun, 05/11/2025 - 10:04
Ethereum getting ready for move toward $3,000, and there are substantial reasons why
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3 Reasons Why Ethereum (ETH) Moving to $3,000
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In the last few days Ethereum has experienced a strong recovery rally, rising from below $2,000 to almost $2,700. ETH may be set to continue its ascent toward $3,000 in the near future for three specific reasons even though some of this spike can be ascribed to general market momentum. There has been one of the biggest accumulation spikes in years in addresses with 10,000-100,000 ETH.
These wallets usually belong to high-net-worth individuals, funds and institutions. These organizations tend to position themselves ahead of significant movements rather than chase prices. The magnitude and velocity of this accumulation point to confidence in Ethereum's medium-term course. Significant whale accumulation has historically come before noteworthy rallies, and this time appears to be no exception.
Staking activity has increased since Ethereum's Pectra upgrade, which combined aspects of the Electra and Prague upgrades. More ETH being locked into staking contracts suggests that investors are more confident in the network's long-term sustainability and that there is less supply in circulation, both of which encourage price pressure to rise. Additionally, the increase in staking suggests that holders anticipate higher yield and lower short-term volatility, which supports a bullish outlook.
A significant milestone has been reached in the Ethereum tokenization of real-world assets (RWAs). Just in May, tokenized U.S. Treasury prices on the Ethereum mainnet surged 12%, reaching $5 billion for the first time. This indicates that Ethereum is becoming more widely used by institutions as the backbone of actual finance. Ethereum's growing popularity for physical regulated financial products is evidence of the network's scalability, security and long-term viability.
Technically speaking, on high volume ETH has decisively broken above the 50, 100 and 200 EMA levels. A healthy reset before another leg upward may be provided by the pullback on May 11, and the RSI is still high but not extreme. It is not only possible but also likely that Ethereum will move to $3,000 if it maintains $2,500 as support.
#ETHCrossed2500
#Ethereum