Odaily Planet Daily reports that CZ posted on the X platform stating that, according to his understanding, the UAE has been using government resources to mine Bitcoin for some time. Previously, Vivek Sen wrote that the UAE has now officially started mining Bitcoin using government resources.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Michael Saylor 再次发布比特币 Tracker 信息,或预告 Strategy 增持 BTC
Gate News update, April 12, Strategy founder Michael Saylor again shared information related to the Bitcoin Tracker, and said "Think ₿igger". According to the previously observed pattern, Strategy typically discloses information about additional Bitcoin purchases on the second day after the related news is released.
GateNews39m ago
Analyst: Bitcoin’s current pullback is relatively mild compared with past ones, but the bottom has not been confirmed yet.
Crypto analyst Axel Adler Jr said the current Bitcoin pullback is smaller than historic bearish-market levels, but a bottom has not yet been confirmed. He believes the market is still in a mild bear phase, and that a true recovery will require patience and waiting.
GateNews53m ago
Bitcoin Price Signals Short Squeeze as Open Interest Nears $25B
Bitcoin is set for a potential short squeeze as on-chain indicators illuminate a crowded setup against a backdrop of rising open interest and persistently negative funding rates. After BTC briefly breached $73,000 last Friday, traders are watching how leveraged shorts might be forced to cover as fun
CryptoBreaking1h ago
American musician G.Love mistakenly downloaded a malicious Ledger app, losing 5.92 BTC, and the funds have already flowed into a certain CEX
Philadelphia musician G.Love had about 5.92 Bitcoins stolen due to mistakenly downloading a counterfeit app. On-chain investigator ZachXBT traced the flow of funds and questioned Apple’s App Store review process, saying it allows counterfeit apps to be listed, increasing user risk.
GateNews1h ago
Bitcoin long-term holdings increased to 12.4 million coins, and the 30-day change has remained positive.
CryptoQuant analyst Darkfost says the Bitcoin market is entering an early stabilization phase, with stronger long-term holding behavior. The amount of BTC held for more than a year has increased, and investors are more inclined to hold than to distribute. This suggests the market is transitioning toward long-term conviction; the current trend is viewed as an early stability signal, but it needs longer-term confirmation.
GateNews2h ago
Bitcoin Halving Two-Years Anniversary: Annual inflation rate drops to 0.85%, officially becoming a rarer asset than gold
The Bitcoin halving in April 2024 lowered its annual inflation rate to 0.85%, for the first time below gold’s 1.5–2%. Bitcoin’s scarcity comes from code rules: supply will gradually decrease, and another halving is expected again in 2028. This halving cycle witnessed increased participation from institutional investors, strengthening Bitcoin’s position as digital gold.
ChainNewsAbmedia2h ago