Bitcoin Surges Above $70K! Bitcoin has once again crossed the $70,000 milestone, strengthening bullish sentiment across the crypto market. Institutional demand and strong market momentum are driving the rally. Traders are now watching closely to see whether BTC can break the next resistance and start a new upward trend. ‍#BitcoinSurgesAbove70K #Bitcoin #BTC #CryptoMarket #Gateio

Bank of America Group recently announced an important recommendation: advising clients to consider cryptocurrency as an allocation option when conducting long-term portfolio planning, with a recommended allocation ratio not exceeding 4%. This initiative marks a gradual shift in traditional financial institutions' attitudes toward cryptocurrency. As a leading global financial group, Bank of America's formal recommendation carries significant industry bellwether significance. The recommendation points out that allocating a portion of portfolio funds to Bitcoin and other cryptocurrencies can serve as part of a diversified asset allocation strategy. According to reports, this recommendation targets high-net-worth clients and institutional investors seeking to optimize their portfolio composition. By allocating no more than 4% of funds to digital assets, investors can participate in potential growth opportunities in the cryptocurrency market while maintaining risk control.

CoinPage News - According to a Wu Blockchain tweet: Canadian listed mining company HIVE Digital Technologies will gradually reduce its ASIC Bitcoin mining operations in Sweden due to tax disputes and operational uncertainties. Meanwhile, the company is expanding AI data center capabilities in Canada through its subsidiary BUZZ, planning to increase liquid-cooled computing capacity from 4MW to approximately 16.6MW, and deploy thousands of GPUs for AI purposes.