17 Jul 2025, 22:18

Pakistan and El Salvador Sign Agreement to Cooperate on Bitcoin Adoption

During a meeting between Bilal bin Saqib and Nayib Bukele, Pakistan and El Salvador signed an agreement to cooperate on Bitcoin adoption at the national level. Saqib views El Salvador as a model for digital transformation in a resource-constrained environment. Other areas of collaboration include blockchain-based financial inclusion and the development of crypto policies for emerging economies. The agreement was signed in San Salvador during a meeting between Bilal bin Saqib, Chairman of the Pakistan Cryptocurrency Council (PCC) and Special Advisor to the Prime Minister on Cryptocurrencies and Blockchain, and Nayib Bukele, the President of El Salvador. In addition to advancing Bitcoin adoption, both countries agreed to collaborate on blockchain-based financial inclusion and the development of crypto policies for emerging economies. The Letter of Intent they signed outlines joint efforts to promote the public adoption of Bitcoin, expand financial inclusion, and foster supportive regulatory frameworks. The official discussions centered on leveraging El Salvador’s experience as a model for countries with limited resources but ambitious plans for digital transformation. Saqib emphasized the importance of seizing the moment, stating that emerging economies need not wait—they can embrace blockchain and cryptotechnology now, guided by Bukele’s example. Crypto-Reserves: Digital Assets as Strategic State Reserves El Salvador, despite ongoing criticism from the International Monetary Fund (IMF), continues to actively accumulate Bitcoin. According to data from BitcoinTreasuries.NET , the country holds more than 6,240 BTC—worth approximately $740 million at the time of writing. Meanwhile, Pakistan is increasing its participation in the digital economy, bolstered by a $7 billion IMF loan program extending through 2027. Earlier in the summer, the PCC—working with the Ministry of Finance—initiated the allocation of 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence centers. However, the IMF raised concerns, particularly regarding preferential electricity rates for energy-intensive industries like Bitcoin mining. Saqib also discussed plans for establishing a strategic Bitcoin reserve during The Bitcoin Conference in May 2025, reflecting Pakistan’s drive to secure a role in the future digital financial ecosystem. This partnership represents a pragmatic approach for emerging economies to harness the transformative potential of cryptocurrency and blockchain technology, aiming for greater financial inclusion, innovation, and resilience amid a rapidly evolving global economy.

17 Jul 2025, 22:15

Trump administration is looking into a de minimis tax exemption for Bitcoin transactions under $600

White House Press Secretary Karoline Leavitt said the Trump administration is looking into a de minimis tax exemption for Bitcoin transactions under $600. This is to make it easier for Americans to use Bitcoin and other cryptos on a day-to-day basis. Karoline Leavitt revealed that President Trump has already signaled support for the exemption and that the administration continues to support it. 🚨 The White House is now exploring a de minimis tax exemption for #Bitcoin to make crypto payments easier. That means no more capital gains tax on small BTC transactions. Mass adoption just got one step closer 🇺🇸📲 #Crypto #BTC #Altseason pic.twitter.com/G5hkxlkO3L — PLETHORALLC (@plethorallc) July 17, 2025 “We are definitely receptive to it to make crypto payments easier and more efficient for those who seek to use crypto as simple as buying a cup of coffee,” Leavitt said. “Of course right now that cannot happen, but with the de minimis exemption, perhaps it could in the future, and we will continue to explore legislative solutions to accomplish that.” This would be another win for the crypto industry. However, $600 is still on the higher side. Earlier this month, Senator Cynthia Lummis introduced legislation to reform US crypto taxation. She aims to exempt transactions under $300 and alter the tax implications for mined or staked crypto. Trump’s office to hold a signing ceremony The House passed three major crypto bills on Thursday, locking in a rare legislative win for the industry. In what’s now the biggest regulatory overhaul for crypto so far, lawmakers voted on the GENIUS Act, the CLARITY Act, and the CBDC Anti-Surveillance State Act. Leavitt added that the bill was very important to keeping Trump’s campaign promise. “This piece of legislation is going to make America the crypto capital of the world, and that’s what the president promised,” she said. The GENIUS Act is mostly about regulating stablecoins. On the other hand, the CLARITY Act makes it clear that the SEC and CFTC will be responsible for different types of digital commodities, like Bitcoin. Meanwhile, some Democrats are still criticizing the bill for creating what they see as an overly weak regulatory framework that could pose long-term financial risks. They’ve also raised concerns that the legislation opens the door for major corporations to issue their own private crypto tokens. “If this bill passes, it will allow Elon Musk and Mark Zuckerberg to issue their own money. The bill still permits Big Tech companies and other conglomerates to issue their own private currencies,” said Massachusetts Sen. Elizabeth Warren. The Anti-CBDC Act says that the Federal Reserve can’t make a digital currency that is used by the whole country. The press secretary reiterated Trump’s opposition to a central bank digital currency (CBDC). She noted that he signed an executive order in January prohibiting its development. Leavitt said more crypto legislation will emerge from Capitol Hill. “The administration supports Congress’s efforts to codify that executive order into law, and I believe there will be future pieces of legislation in regards to crypto that will be moving through Capitol Hill,” she said. Bitcoin mining remains an issue Senator Cynthia Lummis recently unveiled a digital asset tax reform draft that addresses these Bitcoin issues. The one that is yet to be addressed is that the IRS doesn’t see it as a product. The IRS usually only taxes people who make goods at the point of sale. However, Bitcoin miners are taxed by the IRS both when they mine Bitcoin and when they sell it. Bitcoin is the only thing that the IRS treats this way. KEY Difference Wire helps crypto brands break through and dominate headlines fast

17 Jul 2025, 21:09

Canaan to supply 6,840 bitcoin miners to Cipher's Black Pearl site

More on Canaan, Cipher Mining Canaan Inc. (CAN) Q1 2025 Earnings Call Transcript Canaan Inc. 2025 Q1 - Results - Earnings Call Presentation Why I'm Still A Buyer Of Cipher Mining Even After The Selloff Canaan reports decline in Bitcoin production in June Cipher Mining's Black Pearl phase I hashrate tops forecast

17 Jul 2025, 20:09

Bitcoin Mining Firm Stock Spikes After $500 Million Raise for Dogecoin Treasury

Bitcoin mining firm Bit Origin is tapping Dogecoin for its crypto treasury, with its stock soaring after the move was revealed.

17 Jul 2025, 20:00

BlockDAG Ships Miners Ahead of GLOBAL LAUNCH Release While Avalanche ETF Delays & Chainlink Targets $22

The crypto market is treading cautiously, slowed down by regulatory delays and mixed sentiment. The Avalanche ETF decision remains on hold, keeping AVAX traders on edge. Meanwhile, Chainlink (LINK) has managed a clean breakout, holding its revised target at $22. But while some wait and others climb slowly, BlockDAG (BDAG) is already moving full speed ahead. Miner shipments have begun, and mining is now live on the X1 app, which already boasts over 2 million users. The presale has generated over $340 million so far. Buyers can still lock in the $0.0016 price until August 11. When comparing momentum, preparation, and delivery, BlockDAG easily stands out as the best crypto for 2025. Avalanche ETF Delay Adds Uncertainty to AVAX Outlook Grayscale’s pending Avalanche ETF continues to face delays from the SEC, making AVAX’s short-term outlook unclear. Although the ETF could provide traditional investors with safer access to Avalanche, regulators remain cautious. The ongoing pause highlights the broader hesitations around altcoin ETFs. Historical delays, particularly for non-Bitcoin assets, suggest a long road ahead. If approved, the Avalanche ETF could improve AVAX’s liquidity and public exposure, but the current regulatory stance puts any launch on hold. Until further decisions are made, AVAX may remain range-bound. Chainlink Price Target Raised After Breaking Out The Chainlink (LINK) price target now stands at $22, following a clean technical breakout above its previous trendline. With solid support above $15 and consistent higher lows from $10.50, LINK’s structure appears bullish. The key level to watch is $17.40, which analysts see as the next stepping stone. Momentum indicators, including the Awesome Oscillator and CMF, are showing strong inflows and buyer activity. As long as Chainlink maintains these levels, its $22 target remains well within reach. BlockDAG Scales Ahead with Hardware, Users, & Presale Strength BlockDAG isn’t waiting for approvals or sentiment shifts. It’s executing. Mining hardware has been shipped. The X1 app now supports over 2 million active users. Hardware sales have crossed $7.5 million, and 18,563 X-series mining devices have already been sold. Its presale is also making headlines, raising $340 million and distributing 24 billion BDAG coins. With the price at $0.0016 until August 11, and the official GLOBAL LAUNCH release price set at $0.05, the potential ROI for current buyers hits 3025%. BlockDAG isn’t just another crypto project, it’s a self-contained ecosystem built from the ground up. It isn’t reliant on rented networks or outside platforms. With everything from mobile mining to exchange listings handled internally, it’s showing how crypto can operate independently and efficiently. Early buyers are already benefiting through mining rewards, app participation, and hardware engagement. As BlockDAG enters the final stages of presale, this could be the last window for getting in before the market adjusts to launch pricing. Why BlockDAG Is the Best Crypto for 2025 While the Avalanche ETF delay shows the risks of regulatory dependence, and Chainlink’s price target hinges on technical levels, BlockDAG is proving that momentum comes from action. It already has 200,000 holders and a rapidly growing base of 2 million miners. With more than $340 million raised, a fixed entry point of $0.0016 until August 11, and full infrastructure rollout underway, BlockDAG is offering more than speculation. It’s delivering results and building trust. Unlike AVAX and LINK, which still need external events to move, BlockDAG is already creating value. As its GLOBAL LAUNCH release nears, this project continues to earn its reputation as the best crypto for 2025 . Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG Ships Miners Ahead of GLOBAL LAUNCH Release While Avalanche ETF Delays & Chainlink Targets $22 appeared first on TheCoinrise.com .

17 Jul 2025, 18:06

Alteri Launches $30M Tokenized Bitcoin Mining Infrastructure Fund on Chintai Nexus’ Compliant Blockchain

Singapore, Singapore, July 17th, 2025, Alteri is proud to announce the launch of a $30 million tokenized Bitcoin mining infrastructure fund through Chintai Nexus ’ compliant blockchain, providing accredited investors with direct, on-chain access to infrastructure-backed yield. The offering targets 3-6% monthly returns, delivered through automated smart contract distributions. Bridging Bitcoin Mining and Tokenized Assets The infrastructure fund represents a significant innovation in the real-world asset tokenization space, allowing investors to participate in Bitcoin mining economics without the operational complexity of running a mining operation themselves. Investor capital funds modular Bitcoin mining operations across ERCOT (Texas), with revenue generated from both mining rewards and participation in energy market programs such as curtailment and ancillary services. "This launch reflects the next stage of blockchain's evolution—from speculative finance to scalable, compliant capital formation," said David Packham, CEO of Chintai. "It's a live example of how real-world assets can be made investable, auditable, and automated through blockchain." Innovative Financial Engineering The fund combines elements of structured credit and infrastructure investing, creating a novel financial product native to blockchain. With development costs averaging $200,000 per megawatt and a projected break-even period of just over 12 months, Alteri's operations are designed for capital efficiency. The fund's architecture ensures verifiable on-chain distributions, with additional yield derived from energy arbitrage opportunities in the ERCOT grid. "We've structured this offering to provide institutional-grade access to Bitcoin mining infrastructure—at a valuation that's significantly lower than public market comps," said Alteri's founder. "It's designed to be transparent, operationally sound, and now fully accessible on-chain." Tax Advantages and Market Position US-based investors may benefit from 100% bonus depreciation on equipment in 2025, offering the potential for significant after-tax advantages. This feature makes the fund particularly attractive for institutional investors seeking tax-efficient exposure to digital asset infrastructure. The Alteri fund joins a growing ecosystem of tokenized real-world assets on the Chintai platform, which has previously facilitated the tokenization of real estate yields, ESG infrastructure investments, and carbon credits. Each new asset class brought on-chain demonstrates blockchain's expanding utility beyond purely digital assets. Expanding the RWA Ecosystem This launch represents a key milestone in the evolution of blockchain-based finance, moving beyond speculative digital assets to tangible, yield-generating infrastructure investments. By bringing Bitcoin mining economics on-chain, Alteri creates opportunities for greater market efficiency and investor accessibility. The tokenized structure also opens possibilities for future DeFi integrations that would be impossible with traditional securities, including potential composability with lending protocols, liquidity pools, and other on-chain financial primitives. About Chintai Nexus Chintai Nexus is a leading blockchain platform backed by prominent financial institutions, revolutionizing the integration of real-world assets into the digital economy. By leveraging blockchain's inherent security and transparency, Chintai empowers businesses and creators to tokenize RWAs, unlocking new opportunities for liquidity and global accessibility. About Alteri Alteri specializes in Bitcoin mining infrastructure deployment and tokenization, combining expertise in energy markets, cryptocurrency operations, and financial engineering. The company focuses on capital-efficient mining strategies with comprehensive management of operational aspects, including power sourcing, equipment deployment, and ongoing maintenance. Contact Mr Jamie Kingsley Chintai [email protected]