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Update: A report from the Cambridge Centre for Alternative Finance shows that by Q1 2025, 52.4% of $BTC mining will use sustainable energy, up from 37.6% in 2022. Natural gas will replace coal as the primary energy source, while the U.S. and Canada dominate global Bitcoin mining.

Bitcoin-Friendly Poilievre Loses Seat as Carney's Liberals Win 2025 Election

According to Bitcoin Magazine, U.S. Secretary of Commerce Howard Lutnick said the U.S. will accelerate bitcoin mining, support the construction of its own power infrastructure, and reduce reliance on the public power grid. The U.S. will allow miners to build power plants and data

On April 28, spot Bitcoin ETFs recorded a total net inflow of $591 million, marking seven consecutive days of net inflows. Spot Ethereum ETFs saw a net inflow of $64.12 million, continuing a three-day streak of net inflows.

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Treasury Secretary Scott Bessent claims Trump will be “intimately involved” in major trade negotiations. 🔹 Arizona has passed their #Bitcoin reserve bill. SB1025 will now head to the Governor Katie Hobbs’ desk for final approval. 🔸 On April 30, asset manager ProShares will launch three XRP futures ETFs. 🔹 Standard Chartered’s Geoffrey Kendrick predicts Bitcoin will hit $120K in Q2, urging investors to “buy now” as strategic shifts away from U.S. assets accelerate. 🔸 Senator Josh Hawley has officially introduced Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act. 🔹 Abu Dhabi’s ADQ, IHC, and First Abu Dhabi Bank to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, to accelerate the nation’s digital asset strategy. 🔸 Brazilian bank Itaú invests $210M in $BTC, launching Oranje to accumulate Bitcoin as a strategic reserve and reshape corporate treasury strategies. 🔹 Tether purchases 7.7 tons of gold to strengthen backing for its $XAUT token. 🔸 Coinbase to launch Bitcoin Yield Fund on May 1, offering 4-8% annualized returns to non-US institutional investors through a cash-and-carry trade strategy. 🔹 Saylor's Strategy acquires 15,355 $BTC for $1.42B, bringing their total holdings to 553,555 $BTC, worth $37.9B at an average price of $68,459.