Crypto News
Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints
Ethiopia is halting new electric power permits for data mining companies, effectively freezing the expansion of crypto-mining operations due to limited capacity. The decision follows a surge in interest, with 25 bitcoin mining firms already operating and nearly 20 more awaiting approval, drawn by Ethiopia’s cheap tariffs and abundant hydropower. EEP had marketed power salesSource link
Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data
Speculative positioning and macro tailwinds are driving Bitcoin's momentum ahead of Tuesday’s inflation print. But how far can it run?Source link
Bo Hines to Leave White House Crypto Post, Eyes Turn to Successor
As the Trump administration sharpens its crypto stance, Hines' successor will need to align both on policy and politics, Decrypt was told.Source link
White House Crypto Council Director Departs—Says US Now Positioned as Global Crypto Capital
A top White House crypto strategist exits after steering landmark policies that propelled the U.S. toward global leadership in digital assets, igniting unprecedented industry momentum and competitive advantage. Bo Hines Leaves White House Post, Points to US Progress Toward Global Crypto Lead White House Crypto Council Executive Director Bo Hines announced on the social mediaSource link
Ripple Eyes $19 Trillion Tokenization Boom as Institutional Adoption Accelerates
Ripple is positioning itself at the forefront of a $19 trillion revolution, as institutional-grade custody accelerates real-world asset tokenization across treasuries, gold, equities, real estate, and global markets. Ripple Sets Sights on $19 Trillion Tokenization Era Across Global Asset Classes Ripple published a report on Aug. 8, 2025, stressing that institutional-grade digital asset custody isSource link