albertss (albertss)

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According to Odaily, in its strategic report, 10x Research has identified Bitfarms as a major beneficiary of the ongoing consolidation in the Bitcoin mining industry. Since the report's release, Bitfarms' stock has soared by 25%.

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The overall market sentiment fell into extreme panic, and Altcoin performance was generally weaker than the benchmark index.

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“From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes. It feels like they’re just waiting for politicians to approve or propose a formal law to move things forward,” Reyes told CoinDesk.

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