- CoinGape's Newsletter
- Posts
- 🚨 Inside Web3: Behind the Blockchain Curtain
🚨 Inside Web3: Behind the Blockchain Curtain
News

Pakistan is reportedly facing increased scrutiny from the IMF over the country's decision to allocate 2000 MW of power for Bitcoin mining. Coingape report last week shared how Pakistan may attract concerns from IMF over its Bitcoin reserve.

Twenty One Capital is expanding its Bitcoin holdings through a $100 million capital injection from the sale of convertible notes. Armed with additional cash, the Tether-backed company aims to close the gap between itself and MARA Holdings.
Markets

Solana is facing headwinds as a bearish pattern is forecasting another crash to $145. At press time, SOL price trades at $163 amid intense volatility that has seen the price fluctuate between a daily low of $161 and a daily high of $173.

Bitcoin (BTC) is down 4.06% on the week. With the weekly and monthly closes in less than two days, sell signals are emerging across all time frames, hinting at exhaustion of the bullish trend. To make matters worse, known crypto analysts are flashing signs of a bitcoin price correction ahead.