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El Salvador and Bhutan: Betting on Bitcoin’s future | Opinion
Both nations demonstrate that, with thoughtful planning and strong leadership, Bitcoin can be a cornerstone of national economic strategy. дальше »
2024-12-12 15:03 | |
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Bhutan Transfers Fresh $49 Million In Bitcoin To Binance – What’s Behind The Move?
The Royal Government of Bhutan is still making strategic use of its Bitcoin assets. On December 10 the government dispatched 502 Bitcoin, or around $49. 42 million, to two platforms, Binance and QCP Capital. дальше »
2024-12-11 03:00 | |
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Bhutan government transfers $33.31M in BTC to Binance
In the rapidly shifting cryptocurrency world, Bhutan is steadily establishing its footprint with a unique and calculated approach to digital assets. This small Himalayan nation recently caught the attention of crypto-watchers worldwide when it deposited 365 Bitcoin (BTC), valued at approximately $33. дальше »
2024-11-15 22:08 | |
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Binance Founder Sees More Nations Making Bitcoin Legal Tender Amid Bhutan’s $1 Billion BTC Holdings
Bhutan has emerged as a major player in the Bitcoin ecosystem, with its holdings surpassing the $1 billion mark. дальше »2024-11-14 18:36 | |
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El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively. дальше »
2024-11-13 21:39 | |
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Bhutan’s Bitcoin holdings surpass $1b
Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s… дальше »
2024-11-12 23:29 | |
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Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies
Bhutan’s Bitcoin reserves have quietly swelled to over $1 billion, positioning the small Himalayan kingdom as a unique player in the world of sovereign wealth. According to Arkham Intelligence data, Bhutan’s government-owned Druk Holdings has reportedly amassed over 12,500 BTC, marking a significant commitment to digital assets amid growing interest in crypto as a strategic […] The post Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies appeared first on CryptoSlate. дальше »
2024-11-12 20:30 | |
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Bhutan Govt Sells $66 Million In Bitcoin On Binance: Arkham
The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66. 16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X. дальше »
2024-10-30 08:00 | |
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Bhutan Government Moves $66 Million Of Bitcoin Stockpile To Binance: Is A Sell-Off Imminent?
Bhutan, a Himalayan nation with fewer than 1 million people, has triggered speculation after moving $66 million worth of its Bitcoin stash to crypto exchange Binance. дальше »2024-10-30 21:30 | |
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Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k
Blockchain data shows that Bhutan’s government recently transferred over $66 million in Bitcoin to Binance. Data from the blockchain analytical platform Arkham Intelligence showed that the Bhutan government-labelled address initiated three transfers out of its balance within four hours. дальше »
2024-10-30 20:20 | |
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Kingdom of Bhutan deposits $66m in Bitcoin on Binance
The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1. Arkham data confirmed that Bhutan’s government sent 929 Bitcoin (BTC), worth over $66 million, on Oct. 29 to a Binance deposit… дальше »
2024-10-30 17:15 | |
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Bhutan’s path to economic self-reliance is Bitcoin mining | Opinion
If Bhutan adopts a Bitcoin standard, it might one day act as a lender of last resort for countries and institutions facing acute crises. дальше »
2024-10-8 14:02 | |
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Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves
Bhutan holds over 13,000 BTC, over two times of El Salvador’s Bitcoin reserves. The contrasting crypto strategies of Bhutan and El Salvador reflect diverse national approaches to adopting BitThe post Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves appeared first on AMBCrypto. дальше »
2024-9-19 22:30 | |
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This Country Quietly Mined Over 13,000 BTC, Overtaking El Salvador’s Bitcoin Reserves
In a surprising development, Bhutan has significantly increased its Bitcoin holdings, surpassing El Salvador and establishing itself as a major player in the cryptocurrency world. According to data shared by crypto analytics firm Arkham Intelligence on Monday, the Himalayan kingdom now holds just over 13,000 BTC, valued at approximately $780 million. In addition to Bitcoin, […] дальше »
2024-9-18 22:55 | |
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Bitcoin and the Himalayas: How Bhutan Became a Crypto Powerhouse
Tiny nation state Bhutan has mined 13,011 Bitcoin (BTC) worth over $780 million—almost one-third of its entire gross domestic product (GDP). дальше »
2024-9-18 22:47 | |
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Bhutan fourth largest Bitcoin holder among countries with 13,029 BTC stash
The Royal Government of Bhutan holds 13,029 Bitcoin (BTC), worth roughly $755 million at current prices, according to on-chain data gathered by Arkham Intelligence. Additionally, wallets tied to the Himalayan kingdom hold 656. дальше »
2024-9-17 22:51 | |
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Bhutan’s Bitcoin mining stash exceeds $750m: Arkham
Bhutan, a country with a population of under one million, ranks as the world’s fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept. 16.… дальше »
2024-9-16 21:15 | |
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Bhutan to increase Bitcoin mining operations sixfold ahead of halving
Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025. Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining… дальше »
2024-4-6 11:02 | |
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100,000 Koreans To Test New Digital Won In Central Bank’s Pilot CBDC Program
Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical stage, per a recent report. Related Reading: Bhutan Secretly Spent Millions On Its Bitcoin Mines: Report Reveals Bank of Korea Partners with Financial Authorities For Digital […] дальше »
2023-11-23 21:00 | |
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Bitdeer completes its Bhutan mining facility
Crypto cloud mining service platform Bitdeer has completed the construction of its new mining facility in Bhutan. The company explained that at the end of July, they had acquired approximately 23,000 newly purchased mining machines, with 7,000 additional machines currently… дальше »
2023-8-8 16:38 | |
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Bitcoin Mining Facility In Bhutan Is Completed, Confirms Bitdeer
In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its state-of-the-art mining facility in the Kingdom of Bhutan. дальше »
2023-8-8 12:25 | |
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Bitdeer Launches Fund For Bitcoin Mining Operations In Bhutan
Bitdeer, a Bitcoin mining company headquartered in Singapore, has launched a closed-end fund to invest in the Bitcoin mining industry in Bhutan. This represents a part of the firm’s efforts to expand its mining operations in the South Asian country. дальше »
2023-7-29 16:40 | |
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Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers
Bitcoin cloud mining and mining services company, Bitdeer Technologies Group, has released operational updates for June 2023, highlighting continued efforts to expand infrastructure and increase the managed hash rate. дальше »
2023-7-10 14:40 | |
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Bhutan partners with Bitdeer and seeks to raise $500m
The Singapore-based cloud mining company Bitdeer has partnered with Bhutan’s investment arm to raise $500 million. Per a Bloomberg report, the funds will be used to develop carbon-free crypto-mining infrastructure in the Himalayan country. The CEO of DHI, Ujjwal Deep… дальше »
2023-5-3 14:12 | |
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Inside Bhutan’s secretive Bitcoin mining operation
Bhutan's clandestine entry into the world of cryptocurrency mining has recently come to light, raising many questions about the depth of its involvement. Druk Holding & Investments, the state-owned holding company, has confirmed its foray into the mining space, but what has driven this secretive mission? The answer lies in the country's ambitious plans to finance its fourth industrial revolution and the unexpected role of the pandemic in triggering these efforts. дальше »
2023-5-1 19:31 | |
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Bhutan spends 5% of its GDP on mining bitcoin
Concealed amidst the grandeur of the Himalayas, Bhutan, the quaint nation, harnesses its plentiful hydroelectric capabilities, comprising 30% of its GDP, to electrify the households of nearly all its 800,000 inhabitants. дальше »
2023-5-1 12:32 | |
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Bhutan Bought Millions in Bitcoin and Other Cryptos
Bhutan has been secretly investing in cryptocurrencies, including Bitcoin and Ether, according to new bankruptcy filings. The post Bhutan Bought Millions in Bitcoin and Other Cryptos appeared first on BeInCrypto. дальше »
2023-4-18 23:54 | |
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Bhutan held millions of dollars worth of crypto in BlockFi and Celsius
Bhutan, a small country in the Himalayas known for its happiness index and isolation from the world, has secretly been investing in cryptocurrency for over a year. дальше »
2023-4-17 19:21 | |
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Crypto Market Forecast: Week of April 17th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin surges as Montana passes a "right to mine" bill, a CBDC for International Central Banks is set to be launched, and court documents reveal the Bhutan Investment Funds. дальше »
2023-4-17 15:01 | |
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Ripple partners with Digital Euro Association to work on CBDCs
The Digital Euro Association (DEA) announced a partnership with Ripple (XRP/USD) to collaborate on central bank digital currencies (CBDCs), DEA posted on its website. Ripple is also cooperating with Bhutan’s central bank to carry out the latter’s pilot CBDC project. дальше »
2022-2-14 18:02 | |
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Royal Monetary Authority of Bhutan, Ripple Partner to Pilot CBDC Using Private Blockchain
Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to... дальше »
2021-9-29 12:59 | |
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Ripple to Partner With Royal Monetary Authority in Bhutan
Ripple has partnered with the central bank of Bhutan to create its a digital Ngultrum, that will explore CDBC use cases in retail, cross-border and wholesale payments, the latest step in the central bank's innovative payment initiatives. дальше »
2021-9-25 20:22 | |
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Ripple Partners With Bhutan To Pilot CBDC Project
Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. дальше »
2021-9-25 14:02 | |
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Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development
Bhutan’s central bank, the Royal Monetary Authority (RMA), has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. The post Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development appeared first on CryptoSlate. дальше »
2021-9-24 13:00 | |
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