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Bitcoin $89,460.60 -3.18%
Ethereum $3,030.01 -3.35%
BNB $882.69 -2.05%
Optimism $0.30 -7.06%
Arbitrum $0.20 -6.91%
Solana $132.92 -5.06%
Polygon $0.22 +2.77%
Cosmos $2.18 -6.24%
Avalanche $13.36 -7.66%

Ethiopia suspends new electricity licenses for crypto mining firms

according to Bitcoin.com News, Ethiopia has temporarily suspended issuing new power licenses to cryptocurrency mining companies. Currently, there are 25 Bitcoin mining farms in operation, with another 20 waiting, and the power grid has reached its limit.

The Ethiopian Electric Power Company (EEP) has previously sold "idle power" to miners in foreign currency, but experts warn that this may affect the electricity needs of local residents.

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Ethiopia suspends new electricity licenses for crypto mining firms

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

US investors consider crypto less as risk-taking drops: FINRA study

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