Binance Advisor Leads Pakistan’s Initiative to Harness Excess Electricity for Bitcoin Mining and AI
Pakistan is taking significant steps to leverage its surplus electricity by venturing into Bitcoin mining and AI infrastructure development. This initiative follows the recent appointment of Binance founder Changpeng Zhao as a strategic crypto advisor. Bilal Bin Saqib, head of the Crypto Council and advisor to the finance minister, revealed that the country is in discussions with multiple Bitcoin mining firms. The location for the mining center will be determined based on electricity availability, marking a pivotal move in Pakistan’s crypto and energy strategy.
Pakistan Plans to Utilize Surplus Electricity for Bitcoin Mining
Pakistan is reportedly planning to allocate its excess electricity to Bitcoin mining and AI infrastructure. The move comes days after appointing Binance founder Changpeng Zhao as strategic crypto advisor. Bilal Bin Saqib, the Crypto Council’s head and advisor to the finance minister, said that the country has been in talks with several Bitcoin mining firms. The location of the Bitcoin mining centre will depend on the availability of surplus power in some regions. Pakistan is in the top 10 global crypto adopters despite it not being regularised, with 15-20 million crypto users. The country aims to foster fintech innovation and growth through regulatory sandboxes and SAFE environments for testing.
Binance Coin (BNB) Price Prediction 2025-2031
Binance coin price prediction for 2025 indicates a maximum price of $1,087.08. By 2028, the maximum price is projected to reach $2,898.87 with a minimum of $2,536.51. By 2031, BNB’s price could surge to $4,710.66. Despite initial setbacks due to executive changes, Binance has shown resilience and positive trends.
Gate Q1 2025 Transparency Report Highlights Robust Growth
Gate, a leading global digital asset platform, has released its Q1 2025 Transparency Report showcasing breakthroughs. CORE metrics reached historic highs, security infrastructure underwent full-scale upgrades, product offerings expanded, and global strategies accelerated. The platform maintained industry leadership with remarkable user growth and trading volume breakthroughs, particularly in Futures Trading, where the number of traders and overall trading volume surged.
Solana Whale Offloads $10.7M in SOL, Sparking Investor Caution
Solana [SOL] rallied 11% on macro relief, but a major whale move has raised caution. One of Solana’s largest whales, who recently unstaked 1.32 million SOL, began offloading roughly 100,000 SOL worth $10.7 million to Binance. This move appears linked to repaying a $20 million USDC loan secured after depositing 1.2 million SOL into Kamino. Trump’s tariff pause and Atkins’ SEC appointment reignited crypto risk appetite, fueling early altcoin momentum.
