Long known for measuring progress through Gross National Happiness and environmental sustainability, Bhutan is taking a major step toward financial innovation— by investing heavily in Bitcoin, the world’s most popular cryptocurrency.
The Himalayan kingdom, nestled between India and China, has quietly mined millions of dollars’ worth of Bitcoin in recent years, leveraging its surplus hydropower to run energy-intensive supercomputers. Bhutan is among the few countries worldwide that invest in digital assets at a national level.
Bitcoin and crypto reverse losses as Fed official hints at the agency's intervention
Collins stated in an interview with the Financial Times that the agency is prepared to deploy "various tools" to stabilize the market should liquidity concerns rise.
While an interest rate change is the natural expectation, she noted that the Fed could use other tools in its arsenal to address monetary policy.
"The core interest rate tool we use for monetary policy is, certainly not the only tool in the toolkit and probably not the best way to address challenges of liquidity or market functioning," she told the Financial Times.
Collins' comments follow rising signs of uncertainty in the bond market. Investors are ditching the 10-year Treasury Note — a benchmark for mortgages and other long-term loans — sending its yield to nearly 4.5% despite the risk-off sentiment in stocks.
The Dogecoin price is currently trading below $0.2, which means that it still has more than a 500% rise to reach the $1 target. Mostly, the expectations for when the meme coin will reach the price has been 2025, as crypto traders and analysts expect the market to follow a similar timeline to the 2020-2021 bull market. However, that has not been the case as this cycle seems to have deviated from the last and has not followed the same timeline.
Bitcoin could hit $250,000 as early as this year with technology giants such as Microsoft and Apple entering the cryptocurrency space, industry veteran and founder of the Cardano blockchain Charles Hoskinson told CNBC.
Crypto markets have been hammered amid a sell-off of risk assets stoked by U.S. President Donald Trump’s “reciprocal tariffs” on countries across the world. Bitcoin traded below the $77,000 mark on over the last week, but on Wednesday spiked above $82,000 as Trump dropped levies to 10% for 90 days for most countries to allow for trade negotiations.
Sill, bitcoin has fallen far from its more than $100,000 record high hit in January — even as industry players remain bullish on the cryptocurrency.
Hoskinson, who has been in the crypto industry for more than a decade and helped co-found the Ethereum blockchain, said he believes bitcoin will reach $250,000 “by the end of this year or next year.”
The rapid expansion of solar energy has further complicated the landscape, as more consumers turn to alternative energy sources to mitigate high costs.
Bilal Bin Saqib, chief executive officer of the council, told Reuters the location of the mining centre will be finalised based on the availability of excess power in specific regions.
Documents seen by Reuters outline the role of Changpeng Zhao, founder of Binance, who will serve as a strategic adviser to the Pakistan Crypto Council.
Zhao was in May last year sentenced to four months in prison after pleading guilty to violating U.S. laws against money laundering at the world's largest cryptocurrency exchange.
His role on the Pakistan council will include supporting blockchain infrastructure, advising on regulatory frameworks, and assisting with national initiatives, such as digital currency, mining, and youth education in blockchain technologies.
Saqib said the country has 15-20 million crypto users and is the third-largest global freelancer economy, with a growing fintech space.
"Pakistan is in the top 10 global crypto adopters despite it not being regularised," he said.
Saqib said he wants regulatory sandboxes, or safe environments for testing, to foster innovation and growth in the fintech and freelancer economy.
He also said upskilling Pakistan's youth in blockchain and AI can drive job creation and the economy, boosting exports through digital services, and positioning the country as a hub for emerging tech talent on the global stage.
#CryptoTariffDrop Watching from a flight to Latin America, NYU professor and valuation expert Aswath Damodaran saw not just panic, but the anatomy of a full-blown market crisis in motion.
The crisis cycle
In his latest blog, Damodaran uses the event to map out what he calls the “crisis cycle”—a framework based on historical market meltdowns like the 2008 financial crash and the COVID-19 collapse.
He explains that every crisis begins with a shock, in this case, the unprecedented tariff announcement. This is followed by an immediate market reaction, where investors revise expectations, sell off assets, and demand higher returns to bear increased risk.
#CryptoTariffDrop Barrick Gold Corp. has provisionally approved plans to develop a vast copper-and-gold project in Pakistan, and expects to sign a $3 billion funding package for the mine in the third quarter.
Financing for the Reko Diq project is led by the World Bank’s International Finance Corp., with participation from state funding agencies in the US, Germany, Japan and elsewhere, Barrick Chief Executive Officer Mark Bristow said Tuesday in an interview in Islamabad.
The company said earlier that its partners — the governments of Pakistan and Balochistan — have provisionally signed off on the first phase of Reko Diq’s development, with major works set to start this year, ahead of targeted first production in 2028. The $6 billion plan is contingent on securing the finance package, Barrick said.
Barrick, the world’s No. 2 gold producer, is moving ahead with Reko Diq as it focuses on so-called tier one assets and pushes into copper, a commodity that’s key to the clean-energy transition. The project, in the remote and politically fractious province of Balochistan bordering Afghanistan and Iran, is one of the world’s largest untapped sources of copper and gold.
"It's all running vertical now with 30-year Treasury yields on the cusp of hitting the 5% mark. For some context, 10-year yields in the US were at a low of 3.88% on Monday. This points to further liquidation in Treasuries and that's a sign that we are seeing distress in the parts of the market that we should not normally talk about i.e. funding, credit, repo," ForexLive's analyst Justin Low said in a market update discussing the implosion of the basis trade.
Low added that it's "all going sideways at the moment" as a sharp rise in yields itself can have a far-reaching impact on markets, housing and the economy.
Futures tied to the S&P 500, Wall Street's benchmark equity index, fell 2% amid increased volatility in the Treasury market. Bitcoin fell briefly below $75,000 early today and has since recovered to trade near $76,000, CoinDesk data showed.
The MOVE index, which represents the options-implied 30-day price turbulence in the Treasury market, jumped to 140, the highest since October 2023, according to data source TradingView.
According to Rong, this partnership will help important industries like healthcare, finance, supply chains, and self-driving systems — all of which rely on accurate and fast data.
He explained that Hedera makes it possible to track where the data used by AI comes from in a way that’s clear and cannot be changed. This kind of trust is important to reduce fake information, mistakes, and fraud in AI results. #VoteToDelistOnBinance #TrumpTariffs
He further noted that Hedera’s network is very fast and consumes very little power, which aligns with Nvidia’s objective of creating high-performance and environmentally friendly technology.
This convergence indicates an emerging trend where blockchain and AI are collaborating rather than competing. As the stakes rise on AI ethics, data transparency, and the environment, Nvidia and Hedera are taking the lead in building a safer, more transparent, and sustainable digital future
Murphy said the lawsuit was prompted by statements made during a financial intelligence conference in 2019.
At that event, a DHS official reportedly claimed the agency had discovered Nakamoto’s identity and interviewed him face-to-face in California. Three other individuals were present during that meeting, each of whom played a role in the development of Bitcoin.
The crypto attorney now wants access to internal DHS documents, emails, and notes that could confirm whether such an interview ever took place. He argued that if the encounter were real, it would almost certainly have left behind a paper trail. His legal action aims to bring those records to the public’s attention.
Meanwhile, Murphy called on DHS Secretary Christy Noem to release the information voluntarily. However, if the DHS declines to release the files, the crypto attorney says he’s prepared to continue the case until the truth comes out.
Who is Satoshi?
This legal action is the latest twist in the decade-long search for Satoshi Nakamoto, whose mystery has sparked countless theories, debates, and investigations.
In recent times, the theories around Satoshi’s identity have ranged from plausible to outlandish.
Bitwise has introduced three new ETFs that provide yield-seeking investors with exposure to leading Bitcoin treasury companies, using a covered call strategy designed to capitalize on equity volatility while preserving Bitcoin-linked upside.
The funds include:
$IMST, tracking Strategy (formerly MicroStrategy, ticker: MSTR), which currently holds 528,185 BTC.
$IMRA, focused on MARA Holdings (MARA), a top-tier Bitcoin miner with 47,600 BTC in treasury.
$ICOI, offering exposure to Coinbase (COIN), which holds 9,480 BTC and serves as a key on-ramp for institutional and retail Bitcoin adoption.
Each ETF employs an actively managed options overlay, writing out-of-the-money calls on the underlying equity while maintaining a long position. This approach is designed to deliver monthly income distributions—particularly attractive in today’s high-volatility environment—while retaining meaningful upside exposure to Bitcoin-linked companies.
While none of the funds directly hold Bitcoin, all three underlying equities are deeply intertwined with Bitcoin’s performance and trajectory. Strategy and Marathon are among the most prominent corporate holders of BTC, while Coinbase continues to serve as critical infrastructure for the broader ecosystem.
#CryptoTariffDrop Alongside it comes the Veridian Wallet, a tool designed to keep personal info secure and let users prove who they are online without the usual hassles of sharing sensitive data.
This launch comes at a time when proving one’s identity online is more important and riskier than ever. Whether it’s for healthcare, banking, shipping, or school records, current systems often leave data exposed, and with smart devices and AI popping up everywhere, those flaws are getting tougher to fix, the Foundation said.
“From healthcare and financial services to supply chains and academics, identity verification serves as the cornerstone of trust,” Thomas A. Mayfield, head of Decentralized Trust and Identity Solutions at Cardano Foundation, wrote in the release. “Despite this, existing solutions often fail to provide adequate security and credential control, resulting in frequent data breaches. Last year alone, 1.7 billion records were compromised in the United States.”
“We’ve thought about splitting out our Bitcoin mining and energy infrastructure businesses for some time,” Genoot said. “Meeting Eric and Don Jr., and seeing their deep passion for Bitcoin and infrastructure, was the perfect catalyst.”
According to Genoot, the goal is clear: to build one of the world’s largest and most efficient Bitcoin mining platforms, rooted in American soil and aligned with pro-Bitcoin sentiment growing under President Donald Trump’s administration. “Eric told me, ‘I don’t want to get involved in anything that isn’t the biggest and the best,’” he said.
The move comes at a pivotal moment for US-based mining. With China out of the picture post-2021 crackdown, and Washington now openly exploring the idea of a strategic Bitcoin reserve, America’s place in the global mining ecosystem is under transformation.
Nishant Bhardwaj, a financial investor with a decade of experience, has issued ambitious price targets for various crypto assets, including XRP, Ethereum, and BNB.
While a growing number of market participants believe the bull market is over, Bhardwaj expressed strong conviction in a continued bullish market. In a tweet, he highlighted bold outlooks for 14 crypto assets, including prominent ones like XRP and some mid-cap tokens.
Ethereum to $9,000 After 63% Dip
According to Bhardwaj, Ethereum could reach as high as $9,000 in this cycle. Notably, Ethereum is trading at $1,810, down by 47% this year, as it ranks among the worst-performing crypto assets in 2025. Ethereum has also dropped 63% from its all-time high of $4,892, with some losing faith in its ability to recover before the cycle ends.
🌟 The Visionary Behind Binance: The Story of Changpeng Zhao (CZ) 🌟
📅 Updated: 2025 From coding prodigy to crypto titan, Changpeng Zhao (CZ) has redefined the blockchain world. As Binance celebrates its 8th anniversary, let’s explore the inspiring journey of its founder – a man who turned a bold vision into a global crypto empire! 🚀💫 🌍 Early Days: From Humble Beginnings to Tech Genius CZ’s story starts in rural China 🇨🇳, where he was born before moving to Canada as a teenager. His knack for coding emerged early – by 20, he was building trading syst
🚨 Breaking News: Binance to Potentially Delist Multiple Crypto Assets in 2025 – Here’s What You Nee
📅 Updated: 2025 The crypto world is buzzing with speculation as Binance, the world’s largest cryptocurrency exchange, has hinted at a potential delisting of several digital assets in its latest quarterly review. While no official list has been released yet, insider sources and market analysts suggest this move could impact projects failing to meet Binance’s stringent compliance, liquidity, and innovation standards. Let’s unpack the details! 🌍💡 🔍 Why Delistings Happen: Binance’s Strict C
🚨 Breaking News: Binance to Potentially Delist Multiple Crypto Assets in 2025 – Here’s What You Nee
📅 Updated: October 2025 The crypto world is buzzing with speculation as Binance, the world’s largest cryptocurrency exchange, has hinted at a potential delisting of several digital assets in its latest quarterly review. While no official list has been released yet, insider sources and market analysts suggest this move could impact projects failing to meet Binance’s stringent compliance, liquidity, and innovation standards. Let’s unpack the details! 🌍💡 🔍 Why Delistings Happen: Binance’s S
HomeCrypto NewsMarketCrypto Founder Says XRP At $2.11 Feels Like a Walk in The Park: Here's Why
Crypto Founder Says XRP At $2.11 Feels Like a Walk in The Park: Here’s Why
Date:
April 2, 2025
Written By:
Sam Wisdom Raphael
XRP
Follow TheCryptoBasic
A notable XRP community figure and crypto founder has maintained his optimism in XRP’s potential despite the recent price slump.
For context, as the broader market witnesses a downtrend, with the global crypto market cap losing $780 billion since February, XRP has continued to face the harsh weather. The altcoin came dangerously close to losing the $2 mark during a bearish wave on March 29. Notably, it slumped to $2.06 on this day. #TrumpTariffs #BinanceAlphaAlert #BSCTradingTips However, the bulls defended the support fervently, triggering a mild recovery to around $2.1. Nonetheless, this position still represented a massively bearish zone for XRP. Despite this, Alpha Lions Academy founder Edoardo Farina has maintained his confidence in XRP’s potential.
#BSCMemeCoins Binance founder CZ has hiked the fee for messaging him on ReachMe, a paid chat platform he recently adopted, after being flooded with messages.
On Mar. 27, CZ shared an update on X about his experience with ReachMe, a platform that helps influencers monetize direct messages. Initially setting the fee at 0.04 Binance Coin bnb-0.52%BNB, about $24 per message, he was quickly overwhelmed with spam and irrelevant questions. #CircleIPO #BinanceSquareFamily Raising the price to 0.1 BNB ($60) still didn’t deter the flood of messages, leading him to set the fee at the current 0.2 BNB ($120) per message. CZ claims that his goal is to reach an equilibrium of around 10 messages per day, though he doubts it’s achievable. Most messages, he noted, are either too short or too broad, such as “How do I run a successful startup?” #TrumpTariffs #BinanceAlphaAlert
🌌 Forgotten Runiverse: A Magical Web3 Adventure Takes the World by Storm in 2025! ✨
Hello, Binance Square fam! 👋 Are you ready to dive into a mystical realm where blockchain meets epic gaming? 🎮 Today, we’re exploring Forgotten Runiverse—a groundbreaking Web3 MMORPG (Massively Multiplayer Online Role-Playing Game) that’s enchanting players worldwide in 2025. With its recent global launch and exciting updates, this isn’t just a game—it’s a revolution! 🌟 Let’s unpack everything you need to know about this magical universe. 🧙♂️ 🌍 What is Forgotten Runiverse? A Quick Intro F