Advancements in quantum computing pose challenges to Bitcoin's security. A dual strategy is recommended for Bitcoin's quantum preparedness. Continue Reading: Quantum Computers Challenge Bitcoin’s Future in Unprecedented Ways The post Quantum Computers Challenge Bitcoin’s Future in Unprecedented Ways appeared first on COINTURK NEWS .
Solana’s price action signals a deepening downtrend as it approaches a critical support zone between $131 and $126, challenging bulls to defend key levels. Technical analysis highlights the importance of
The next crypto bull market isn’t a question of if, but when, and seasoned investors aren’t waiting. They’re moving capital now into high-potential presales with real utility, strong fundamentals, and explosive upside. Several projects have emerged as strategic picks, but one name is standing out across every analyst report and trading desk. MAGACOIN FINANCE is rapidly gaining momentum as the most anticipated altcoin of the year. Backed by strong fundamentals, a fully audited framework, and a live ecosystem, this project is now being tracked as a breakout leader in 2025. Early movers are already locking in positions before prices lift off. Here are the top presales to watch before the next parabolic rally begins. Why MAGACOIN FINANCE has the Upper Hand in 2025 MAGACOIN FINANCE is quickly emerging as one of the most watched altcoins of 2025. With a bold vision, aggressive rollout, and unmatched market presence, this project is capturing early attention from crypto insiders and strategic investors looking for serious upside. Analysts tracking top altcoins refer to it as a breakout contender, citing its fixed supply, governance model, and fully organic ownership as key differentiators. The fundamentals are already functioning while the broader market is still waking up. Investor demand is also climbing fast. With each presale milestone filled in record time, MAGACOIN FINANCE has positioned itself as a strategic opportunity for long-term crypto holders and institutional buyers alike. Its momentum is organic, its structure lean, and its entry point remains one of the most asymmetric opportunities available in today’s market. Qubetics: Powering Interoperability Across Chains Qubetics is another standout contender gaining massive traction. Its ecosystem is built for next-generation blockchain applications, combining real-world asset tokenization with no-code development tools. With advanced cross-chain capabilities, support for multichain wallets, and seamless Apple Pay integration, Qubetics is proving it can drive mass adoption beyond crypto-native users. Analysts are forecasting a breakout, especially as its mainnet rollout completes and key features like decentralized VPN and fractional ownership marketplaces go live. Institutional-grade infrastructure and simplified onboarding are giving it long-term relevance. No wonder large investors are already rotating into Qubetics with aggressive positioning ahead of its post-launch trading. With a full mainnet launch slated for Q2 2025 and a streamlined bridge system in place, analysts expect significant ROI for those who got in early. Insider sentiment remains strong, with projections reaching over 5,000% in potential gains. BlockDAG: Utility Meets Momentum BlockDAG continues to post powerful numbers, attracting attention for its real-time staking access, airdrop incentives, and massive presale traction. Unlike speculative tokens, BlockDAG emphasizes live blockchain usage through its X1 Miner App, enabling users to earn and engage daily. The token has already delivered a good ROI and with staking and dApp use built into its rollout, BlockDAG is turning early adoption into tangible returns. Lightchain AI: The AI-Blockchain Fusion Lightchain AI is rewriting the script for what blockchain can do with artificial intelligence. Its Proof-of-Intelligence (PoI) model rewards real computational work instead of idle staking. That means every token earned comes from real utility, not idle inflation. The upcoming mainnet will activate a purpose-built AI Virtual Machine (AIVM), designed to run parallelized tasks at scale. Analysts are watching closely. Early signals show Lightchain AI attracting long-term investors looking for ROI potential. From staking rewards to a transparent DAO structure, Lightchain AI is capturing aggressive capital—and insiders are forecasting it as one of the top “risk-on” plays of the cycle. Ruvi AI: Real-World Utility at Scale Ruvi AI is earning a reputation as one of the most utility-focused AI tokens on the market. Operating across marketing, entertainment, and finance sectors, it merges artificial intelligence with blockchain for scalable, real-world applications. Its smart contract audit and liquidity partner support position it well for long-term sustainability. Projections for this token range up to $1, with analysts forecasting a good potential ROI by the end of 2025 — a serious move for those betting early on next-gen AI platforms. Final Word The 2025 bull market is shaping up to be one of the most transformative cycles in crypto history. Projects with strong fundamentals, early adoption, and real-world traction are already gaining serious momentum, and MAGACOIN FINANCE in front. Every chart, every forecast, and every early-stage indicator suggests that MAGACOIN FINANCE is building toward breakout territory. For investors looking to position themselves ahead of the curve, this is the opportunity that strategic players are not missing. To learn more about MAGACOIN FINANCE, visit: Website : https://magacoinfinance.com Exclusive Access : https://magacoinfinance.com/entry Continue Reading: Best Crypto Presales to Buy Before the Next Major Bull Market Sends Prices Parabolic
Rumors are swirling about the US government’s potential incorporation of XRP into its national reserves, as well as the possible seizure of Ripple’s XRP escrow. But prominent attorney Bill Morgan has publicly cast doubt on these rumors. Is The US Planning To Seize Ripple’s Escrowed XRP? According to widely followed crypto analyst John Squire, the United States government could potentially take control of the XRP tokens currently held in Ripple’s escrow. This revelation comes at a significant time, following President Donald Trump’s previous confirmation of plans to create a Strategic Bitcoin Reserve and a separate Digital Asset stockpile holding cryptocurrencies such as Solana (SOL), Cardano (ADA), and Ripple’s XRP. However, Bill Morgan refuted claims that the US government intends to utilize XRP as part of a broader strategy to support its financial system. “No it won’t,” Morgan asserted in a post on X. Another industry commentator, going by the online alias Pumpius , also informed his X followers about the rumors about the US authorities potentially repurposing Ripple’s XRP escrow as part of the national financial reserves. Pumpius compared the XRP scenario to spot Bitcoin exchange-traded funds (ETFs), which were once considered unlikely but ultimately became a reality, indicating that the Ripple-affiliated crypto could make its way to US reserves. Notably, the longstanding Ripple vs SEC lawsuit is nearing its conclusion, spurring optimism within the community. Regulatory clarity on XRP’s legal status is stirring speculation about its potential inclusion. A host of companies have in recent months announced reserves of the Ripple-created cryptocurrency. Singapore-based Web3 company Trident Digital announced it will start a strategic XRP treasury of up to $500 million. Others like Webus, VivoPower, and Wellgistics have also announced XRP-centric reserves. These moves are indicative of growing institutional interest in Ripple’s XRP ecosystem. While Ripple’s technology is gaining traction among corporations, claims related to US reserves remain unsubstantiated. The fourth-largest crypto is down 1.1% in the past 24 hours, alongside a slight correction in the broader crypto market.
Discover the forefront of tokenized assets with a deep dive into three promising platforms turning real-world assets into digital ones. This article explores how Ondo (ONDO) , Maker (MKR) , and others are poised for potential growth, reshaping the financial landscape. Ondo Price Snapshot Amid Altcoin Season and Global Bull Outlook ONDO recent performance reflects a sharp decline, with a one-week drop of 6.81% and a one-month fall of 23.82%. The half-year performance shows a significant decrease of about 54.05%. These numbers indicate a consistent downward movement in recent periods. The price behavior portrays a market that has struggled to recover, with traders witnessing a steady deterioration and clear corrections over time. The shifts in price have been considerable, signaling a need for cautious observation as market dynamics continue to evolve. Current price levels range from $0.70 to $1.05, with resistance at $1.27 and support at $0.57. A secondary barrier exists at $1.62, while another support level is noted at $0.21. Indicators like the Awesome Oscillator and Momentum Indicator near -0.100 and -0.123 suggest active selling, reinforcing a bearish sentiment. The Relative Strength Index at 37.25 hints at potential oversold conditions but does not confirm a strong rally. Trading ideas may focus on short-term pauses at $0.57 or potential reversal signs if the price breaches $1.27. With bears dominating and volatility high, any move above key resistance could signal a cautious entry for bulls aiming to restructure the current downtrend. Maker Market Outlook: Steady Half-Year Growth Amid Key Price Levels Maker saw a 6.54% gain over the past month and a notable 17.23% climb in the last six months. A recent drop of 14.15% highlights short-term volatility, yet the longer-term trend remains positive. The coin traded consistently between $1340 and $1880, demonstrating gradual strength over time. Price action reflects moments of pressure followed by recovery, suggesting a market capable of bouncing back after downturns while slowly building upward momentum. Currently, Maker is trading with significant barriers in view. There is clear support around $1111.33 and resistance at approximately $2191.33. The price is fluctuating within these defined bounds. Buyers are active near the support threshold, while sellers resist near the resistance level, indicating a balance between bulls and bears. Trading within these parameters appears promising. Pullbacks near support may offer entry points, while approaching resistance could signal taking profits. Additional levels, such as a second resistance near $2731.33 and second support near $571.33, add further caution. Moving indicators suggest a careful approach, requiring tactical entries based on real-time price behavior. IOTA Faces Significant Drops and Key Technical Levels IOTA lost nearly 29% of its value over the past month and almost 45% over the last six months. Its recent performance includes a weekly drop of about 6.51%, emphasizing persistent bearish pressure. The price action during these periods indicates an overall decline, with selling pressure consistently exceeding buying interest. Investors have shown increased caution as market momentum has slowed. Historical data suggests diminished investor sentiment and a trend primarily characterized by declines, making it a challenging environment for any bullish opportunities. IOTA is currently trading in a range between $0.14 and $0.24, with a resistance zone at $0.31 and another barrier near $0.41. The nearest support level is around $0.10, with a secondary support at $0.00046. Technical indicators reveal a continued bearish dominance, as shown by an Awesome Oscillator value of -0.026, a momentum indicator at -0.028, and an RSI of 34.89. The lack of a clear trend means the coin is likely to remain within these boundaries. Trading strategies should focus on cautiously building positions near support at $0.10 and considering profit-taking near resistance at $0.31. Conclusion Ondo (ONDO) , Maker (MKR) , and IOTA offer distinct solutions in the expanding field of real-world asset platforms. Each has its own strengths, showcasing innovation and practical applications. Ondo focuses on secure and profitable financial services. Maker leads in stability and decentralized finance. IOTA brings new efficiency in transactions. Together, they illustrate the versatile potential of blockchain technology in real-world contexts. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Based on historical data, the ten most heavily stocked bitcoin wallets collectively held over 1.12 million coins in 2023, accounting for approximately 5.66% of the current circulating supply. Jump ahead to the present, and these top ten addresses now control 5.55% of the supply, with a few notable shifts among the highest-ranking holders. What follows
Key takeaways Ethereum price prediction suggests an average market price of $5,458 by the end of 2025. In 2028, Ethereum is anticipated to trade between $15,431 and $17,750, with an average expected price of $15,859. In 2031, ETH could trade between $47,322 and $56,126 with an average price of $48,649. The Ethereum network, launched in 2015, is a decentralized platform that enables developers to create smart contracts and dApps without intermediaries, enhancing security. The Ethereum blockchain is accessible to everyone and built to support scalability, programmability, security, and decentralization, allowing for the creation of secure digital technology. Its native digital currency, ether (ETH), and smart contracts have attracted investors’ recognition and interest, while developers appreciate its utility in developing blockchain and decentralized finance applications. It also helps traders trade Ethereum more easily So, what can traders and investors expect in the coming months and years? “Is ETH likely to go up? What will ETH be worth in 5 years?” Let’s get into the details by exploring Ethereum’s price predictions from 2025 through 2031. Overview Cryptocurrency Ethereum Token ETH Price $2,391 Market Cap $305.82M Trading Volume (24h) $40.64B Circulating Supply 120.7M ETH All-time High $4,891.70 on Nov 16, 2021 All-time Low $0.4209 on Oct 21, 2015 24-hour High $2,448.41 24-hour Low $2,382.26 Ethereum price prediction: Technical analysis Metric Value Price Volatility 2.49% 50-day SMA $2,300.76 200-day SMA $2,420.46 Sentiment Bullish Fear and Greed Index 62 (Greed) Green days 16/30 (53%) 14-day RSI 52.65 Ethereum price analysis ETH/USD 1-day chart ETH/USD 1-day chart Based on the 1-day chart for Ethereum (ETH) for June 21, current price action suggests a weakening bullish structure. ETH has broken below the middle line of the Bollinger Bands, indicating potential bearish momentum. The Relative Strength Index (RSI) stands at 40.60, near the oversold territory, and is trending downward, reflecting weakening buying pressure. Price has also fallen under the 20-day simple moving average (SMA), now acting as resistance around $2,560. Unless buyers reclaim this level, ETH may test lower Bollinger support near $2,346. Momentum is tilting bearish, and without a reversal above $2,560, short-term downside risk remains dominant on the daily timeframe. ETH/USD 4-hour chart analysis ETH/USD 4-hour price chart Based on the 4-hour chart for Ethereum (ETH), the outlook currently skews bearish. The price has fallen below the lower Bollinger Band near $2,381, which could signal oversold conditions but also reflects intensified selling pressure. The MACD indicator is deeply negative, with the MACD line at -8.45 and a wide gap from the signal line, suggesting strong bearish momentum. Moreover, the Balance of Power indicator at -0.87 further confirms dominant selling activity. Unless ETH reclaims the midline around $2,483 and sustains a move above it, the near-term trend remains under pressure, with potential to revisit the $2,300–$2,350 support zone. Ethereum technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $ 2,303.63 BUY SMA 5 $ 2,460.59 BUY SMA 10 $ 2,566.04 SELL SMA 21 $ 2,585.85 SELL SMA 50 $ 2,441.09 BUY SMA 100 $ 2,133.26 BUY SMA 200 $ 2,393.17 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $ 2,520.85 BUY EMA 5 $ 2,396.26 BUY EMA 10 $ 2,188.13 BUY EMA 21 $ 2,051.13 BUY EMA 50 $ 2,136.97 BUY EMA 100 $ 2,401.23 BUY EMA 200 $ 2,649.41 SELL What can you expect from the ETH price analysis next? Based on the 4-hour and 1-day charts, Ethereum (ETH) is showing signs of bearish momentum, with prices retreating below significant support levels. On the 1-day chart, the RSI is declining and now hovering near the 40 level, indicating fading bullish strength and possible continuation of downward pressure. The Bollinger Bands show price action testing the lower band, suggesting volatility and weakness. On the 4-hour chart, the MACD is deeply negative with widening bearish histograms, confirming ongoing sell-side dominance. Unless ETH reclaims the $2,500 range with strong volume, the short-term trajectory remains cautious, with potential dips toward the $2,300 support region. Is ETH a good investment? Ethereum is the largest DeFi hub with a vibrant layer-two ecosystem in the crypto market. The blockchain constantly develops, making it a go-to choice for many Web3 developers. ETH, its native token, shows promise, and the possibility of an Ethereum ETF approval makes it favorable for day traders. Over the long term, explore our price predictions. However, the opinions expressed are not investment advice; traders should consider researching before investing. What is a realistic price for Ethereum in 2025? The realistic price for Ethereum in 2025 is around $5,458 at the maximum. What will 1 Ethereum be worth in 2030? One Ethereum is expected to be worth $38,085, maximum in 2030. How high can ETH realistically go? Ethereum’s price potential depends on multiple factors, including market trends, institutional adoption, network upgrades, and macroeconomic conditions. Realistically, ETH could reach $5,000 to $7,000 in the next bullish cycle if demand increases and Ethereum’s Layer 2 solutions and scalability improvements boost adoption. If institutional interest strengthens, ETH may push past $10,000 over the long term, especially if Ethereum remains the dominant smart contract platform. However, volatility remains a key risk, with price corrections likely along the way. Regulatory clarity and Ethereum’s shift to proof-of-stake (PoS) efficiency could also positively influence its long-term valuation. Will ETH reach $10,000? Ethereum is projected to exceed $10,000 as early as 2027, with its potential low starting at $10,333 and a high of $12,545 Will ETH reach $25,000? Ethereum is predicted to surpass the $25,000 level by 2029 and reach a potential high of $26,554. This optimistic outlook is based on Ethereum’s ongoing development, network security, and increasing adoption. However, cryptocurrency markets are highly volatile, so long-term projections should be cautiously approached. Will ETH reach $40,000? Based on our analysis, Ethereum will likely reach the $40,000 mark. The highest expected price is around $56,126 in 2031. Does Ethereum have a good long-term future? Most well-known altcoins are trading at lower levels, but ETH is trading above its average price of the last two years. However, a positive outbreak can be expected. The ETH/USD pair is expected to reach the $56,126 mark by 2031, so holding it longer can be beneficial. Recent news/ opinion on Ethereum At ETHGlobal, Ethereum co-founder Vitalik Buterin emphasized the urgent need for privacy solutions, urging developers to focus on four critical areas: private money, identity, voting, and messaging. He framed privacy as a civilizational priority, encouraging the ecosystem to build tools that safeguard individual autonomy in an increasingly digital world. "On a civilizational level, there's quite alot of urgency in us figuring out privacy." @VitalikButerin urges builders at ETHGlobal to focus on 4 key categories of privacy apps to help solve for this: 1) private money 2) private identity 3) private voting 4) private messaging pic.twitter.com/1x49zNiVZm — ETHGlobal (@ETHGlobal) May 30, 2025 Ethereum announced that its much-anticipated network upgrade, Pectra, is coming to Mainnet on May 7th. According to the announcement, Pectra introduces EIP-7702 and many more features. Ethereum's next network upgrade, Pectra, is coming to mainnet on May 7th, at epoch 364032 🎉 Pectra introduces EIP-7702, several improvements to validator UX, a doubling of the blob count (.oO!) and many other features! More on this below 👇 pic.twitter.com/W6HWVzkPra — timbeiko.eth (@TimBeiko) April 23, 2025 Ethereum price prediction June 2025 In June 2025, Ethereum is projected to reach a minimum price of $3,772, an average price of $4,125, and a maximum price of $4,243 Price Prediction Potential Low ($) Average Price ($) Potential High ($) June 2025 $3,772 $4,125 $4,243 Ethereum price forecast 2025 There are a number of changing aspects that may affect Ethereum’s success in 2025. Vitalik Buterin’s RISC-V plan might make Ethereum’s technical infrastructure stronger, which could bring in more developers and make it easier to scale. But the sudden drop in base layer activity and gas costs that are lower than they’ve ever been raise doubts about how many people want to utilize the network and how long it will last. Ethereum might pick up speed again if it successfully executes protocol changes and Layer 2 solutions become more popular. Changes in the broader crypto market, new rules, and the adoption of crypto by businesses will also be very important. Ethereum’s price path in 2025 is still unclear and will be affected by both internal and external market factors, even if it has room to develop. Ethereum’s price outlook remains optimistic, with projections suggesting the potential for new all-time highs, possibly reaching near $6,000, driven by adoption, innovation, and network growth. However, external economic uncertainties or unfavorable conditions could press ETH prices toward an annual low of $4,825, with average estimates based on market sentiment hovering around $5,458. Year Potential Low ($) Average Price ($) Potential High ($) 2025 $4,825 $5,022 $5,458 Ethereum price predictions 2026 – 2031 Year Potential Low ($) Average Price ($) Potential High ($) 2026 $7,189 $7,440 $8,605 2027 $10,333 $10,705 $12,545 2028 $15,431 $15,859 $17,750 2029 $21,969 $22,603 $26,554 2030 $32,258 $33,162 $38,085 2031 $47,322 $48,649 $56,126 Ethereum price prediction 2026 The price projection for Ethereum in 2026 shows that it has a lot of room to grow. The lowest expected price is $7,189, and the average price is $7,440, if the market is good. The highest price, on the other hand, may go up to $8,605. Ethereum ETH price prediction 2027 Ethereum is expected to maintain its upward trajectory in 2027. However, the year’s predictions suggest a minimum price of $10,333, an average trading value of around $10,705, and a maximum price of $12,545. It is important to do your research before investing. Ethereum price prediction 2028 Ethereum’s price forecast for 2028 demonstrates steady appreciation. The potential low is estimated at $15,531, while the average price may reach $15,859 and the maximum price could rise to $17,750 Ethereum ETH price prediction 2029 Ethereum’s 2029 prices are expected to match those of 2029. The price range will be from a low of $21,969 to a high of $26,554 with an average of $22,603 signaling steady growth. Ethereum price prediction 2030 By 2030, Ethereum’s forecast minimum price could rise to $32,258– while the expected average trading price is projected at $33,162. A potential high that may reach $38,085 showcases Ethereum’s increasing appeal to investors. Ethereum price prediction 2031 By 2031, Ethereum’s price targets could reach a minimum of $47,322, an average of $48,649, and a maximum of $56,126. Ethereum price prediction 2025-2031 Ethereum market price prediction: Analysts’ ETH price forecast Firm Name 2025 2026 DigitalCoin Price $5,434.54 $6,429.94 Coincodex $ 3,306.72 $ 4,973.93 Cryptopolitan’s Ethereum price prediction Cryptopolitan forecasts Ethereum’s price to range between $3,841.60 and $4,366.40 by the end of 2025. By 2031, prices may surge and trade at $44,900.80 Ethereum historic price sentiment ETH price history | Coinmarketcap Ethereum began trading at $1.83 on March 13, 2016. By June 16, it surged to $14.48, surpassing a $1B market cap, but it dropped 45% to $11.33 on June 18 due to the DAO hack. By December 5, after a hard fork, the price fell further to $6.83. Ethereum recovered to $46.35 by March 16, 2017, and soared to $401.49 by June 12, during the ICO boom. It dipped to $157.36 by July 16 but rebounded to $253 by September 15. Ethereum surpassed $1,000 in January 2018 but dropped to $91.01 by December. Prices remained volatile between 2020’s high of $735 and low of $130. Ethereum started at $737, peaked at $4,293 in May 2021, and ended the year at $3,679, reflecting a year of significant growth. Prices declined to $1,196 by the end of 2022 amidst broader market downturns. In 2023, Ethereum started at $2,539, briefly rising to $3,595 in March before stabilizing at $3,117 in May and dropping to $2,458.90 by August. In November, ETH climbed as high as $3,739.93; in December, the coin is trading between $3,504.23 and $3,670.22. In December 2024, ETH reached a price of $3,349. As of January 2025, ETH is trading between $3,350 and $3,624. However, the closing price for Ethereum in January was $3,282. As of February 2025, ETH is trading at $2,796. ETH value decreased further in March as it dipped to the $2000 range. At the end of March, ETH further declined and traded at $1,827. At the start of April, ETH traded at $1,917. Ethereum ended April at $1786. At the start of May, the ETH price is trading between $1804 and $1867 Ethereum ended May at $2,521. In June, ETH is trading between $2,483 and $2,521.
Norway announced plans to ban new data centres, purpose-built for crypto mining, to conserve electricity for more productive businesses, such as industries that employ more Norwegians and improve the country’s economy. Bitcoin and other proof-of-work cryptocurrencies use substantial electricity to validate their ecosystems. In April 2024, the Norwegian government announced plans to restrict data centres to focus resources on more productive forms of work. Norway’s digitisation Minister, Karianne Tung, said the initiative aimed to control and limit undesirable projects such as crypto mining. Terje Aasland, Energy Minister for Norway, said that the main impetus for temporarily banning crypto mining data centres was meeting the nation’s climate targets. Aasland said crypto mining was incompatible with the government’s climate targets because the technology uses excess electricity and doesn’t contribute meaningfully to the nation’s long-term investments. Norway has a history of cracking down on crypto mining. In 2022, the government proposed ending tax incentives for the crypto mining industry, forcing the sector to pay the standard rate for electricity. Trygve Slagsvold, Finance Minister for Norway, said the move was about prioritising energy to benefit the whole community. Slagsvold pointed out that crypto does little to help the local community, yet uses tremendous energy. Norway has been an attractive destination for Bitcoin miners because it powers its grid with 92% of its energy from hydropower. Another 7% of energy is powered by wind sources, making the country an incredibly resourceful economy as far as climate targets are concerned. However, this is not enough for the Norwegian government because it is concerned about the long-term viability of crypto mining. Residents of Hadsel, a Norwegian province, petitioned the government in October 2024 to shut down a local Bitcoin mine. Yet, they suffered a rude shock when their electricity prices skyrocketed due to energy companies accounting for lost revenue. Venture capitalists quickly pointed out that residents suffered when the government targeted Bitcoin. However, the mayor of Hadsel, Kjell-Borge Freiberg, said that residents had been complaining about the noise emanating from the Bitcoin mining data centre. The Bitcoin mining operations produced 20% of the energy company’s revenue. When the Bitcoin mine was shut down, the energy company passed on its lost revenue to consumers. It is also possible that the energy company is punishing the residents for disrupting its bottom line. The energy company, however, may lament that one customer could disrupt their business model by shutting down operations. It is estimated that residents of Hadsel, due to the closure of the mine, will pay an extra $235 to $280 on their annual electricity bill. Russia implemented a mining ban on ten regions, including ones that already experienced a vulnerable energy grid. Many countries, such as Norway, are taking a critical stance towards crypto mining, at times for meeting climate targets, while at other times to restrict the spread of anonymous currencies. Energy-rich countries, such as Norway, are budgeting their energy use to prioritise their grid for what they believe are more productive industries. Miners must either remain in the country, invest in low-power consumables, or relocate to another country. There is also the option to switch completely to proof-of-stake methods to appease the Norwegian government and make a profit at the same time. In 2024, Norway first attempted to scrutinize the crypto mining industry by announcing a new set of regulations to shape the market in a way that they felt was appropriate, specifically to adhere to their climate change targets and beliefs about sustainability. The new regulations started this process by requiring all data centres engaged in crypto mining to register their activities. The Norwegian government, however, is adamant that the regulations were not intended to punish the crypto industry but were designed to better align the industry with national targets.
Texas has officially joined the ranks of states embracing cryptocurrency by signing the Bitcoin Reserve bill SB 21 into law, marking a significant milestone in digital asset adoption. This legislative
Bitcoin remains in a critical consolidation phase between $97,000 and $112,000, as market participants closely monitor potential breakout signals amid subdued institutional activity. Despite the absence of fresh institutional capital