Latest news with #cryptowealth
Reuters
11 hours ago
- Business
- Reuters
Bitcoin Cloud Mining Gets Retail Investor Boost in 2025 as VNBTC Rolls Out New Daily Profit Plans
LONDON, United Kingdom, June 19, 2025 (EZ Newswire) -- VNBTC, opens new tab, a leading cloud mining platform, is rapidly growing by making mining accessible, secure, and rewarding for individuals without the need for costly hardware or technical expertise. As the global bitcoin mining landscape shifts with billion-dollar expansions from mining magnates like Holmes' M2, an increasing number of retail investors are discovering an alternative path to earning crypto through cloud mining. 'While institutional mining companies push the boundaries of scale, many everyday users want a simpler, greener way to build crypto wealth,' said a VNBTC spokesperson. 'That's where cloud mining shines — especially with platforms like VNBTC that offer free cloud mining and flexible plans tailored to different budgets.' Why Cloud Mining Matters in 2025 The bitcoin ecosystem continues to evolve amid rising energy costs, increased regulatory scrutiny, and growing demand for sustainable crypto solutions. Large-scale operations like M2 are expanding aggressively, yet the barrier to entry remains high for most individual investors. Cloud mining platforms such as VNBTC democratize access by eliminating the need for personal mining rigs, electricity costs, or maintenance. VNBTC Platform Features VNBTC's Top Mining Plans: Flexibility Meets Profitability VNBTC offers a diverse selection of mining plans designed to cater to every type of investor—from absolute beginners to experienced crypto enthusiasts. Whether you want to test the waters or maximize your returns, there's a plan to suit your needs. By offering a range of plans, VNBTC empowers users to scale their mining activity as their confidence and capital grow. Whether you're looking for a low-risk introduction or aiming for higher yields, VNBTC's flexible options make cloud mining accessible and profitable for everyone. Growing Community and Supportive Ecosystem VNBTC not only offers mining plans but also encourages users to build passive income through a lucrative referral program, rewarding up to 3% commission on direct referrals and 1.8% on indirect ones. Additionally, their global bounty program empowers crypto enthusiasts to earn by promoting VNBTC's services creatively across social media and content platforms. How to Get Started in 3 Simple Steps 'As mining giants scale up, the opportunity for retail investors is bigger than ever,' explains the spokesperson. 'VNBTC is committed to helping people from all walks of life tap into the crypto revolution — safely, simply, and profitably.' About VNBTC VNBTC is a pioneering cloud mining platform dedicated to democratizing crypto mining worldwide. Combining cutting-edge technology with user-friendly interfaces and transparent operations, VNBTC provides a seamless experience for mining Bitcoin, Ethereum, Dogecoin, and more—without the technical hassle or hardware costs. For more information, visit opens new The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact James ### SOURCE: VNBTC Copyright 2025 EZ Newswire See release on EZ Newswire
Coin Geek
19-05-2025
- Business
- Coin Geek
Philippines' crypto wealth grows beyond P2E origins: report
Getting your Trinity Audio player ready... The Philippines is fast emerging as a crypto wealth hub, with Filipino crypto owners now ranking among the top globally in terms of average holdings. According to the Crypto Friendly Cities Index 2025 by global financial migration platform Multipolitan, the country ranks 20th in crypto wealth concentration, with Filipino crypto holders owning $14,194.46 (PHP790,000). This marks a shift from the early days when crypto interest in the Philippines was largely driven by play-to-earn (P2E) gaming. The report noted, 'Axie Infinity in the Philippines became a lifeline for thousands of gamers looking to earn income through play-to-earn mechanics.' At the height of its popularity, Filipinos made up 40% of Axie Infinity's global user base. While the value of Axie's tokens has dropped from its peak during the pandemic, crypto ownership in the country continues to expand. Multipolitan highlighted that the Philippines is no longer defined solely by speculative activity or gaming but is part of a larger transformation in global finance. Southeast Asia's crypto powerhouse: Where the Philippines stands Within Southeast Asia, the Philippines trails Singapore (ranked 5th globally), where each crypto holder owns an average of $85,536.63. Malaysia is placed 18th with $20,895.49 per holder, followed by Vietnam at 19th, with each owner holding $16,681.28 in crypto assets. Globally, Slovenia leads with an average of $240,460.17 per crypto owner, followed by Cyprus ($174,972.89), Hong Kong ($97,531.40), and South Korea ($94,827.77). These high averages indicate concentrated crypto wealth, typically associated with jurisdictions that provide regulatory clarity and strong digital infrastructure. 'Crypto wealth no longer belongs exclusively to traditional finance capitals like New York, London, or Singapore. It's borderless, fluid, and finding new homes wherever innovation and clarity converge,' the Crypto Friendly Cities Index 2025 stated. Source: Multipolitan Regulatory environment shapes crypto-friendly cities The report emphasized that cities and countries offering clear, consistent, and crypto-supportive regulations are increasingly drawing both talent and capital. 'Regulatory clarity isn't just beneficial—it's essential,' it noted, citing cases such as Binance relocating operations and Coinbase (NASDAQ: COIN) threatening to leave the U.S. due to hostile regulations. In the Philippines, regulators are gradually catching up. In 2024, the Securities and Exchange Commission (SEC) drafted rules for Crypto Asset Services Providers (CASPs), aiming to protect consumers and create a more stable legal framework for digital assets. This comes as fraudulent activity and unclear rules continue to pose risks. Cities compete for crypto capital Multipolitan's analysis clearly shows where the future of finance is headed and which cities are positioning themselves to lead. Cities like Dubai, Singapore, and Zug are drawing global crypto entrepreneurs, institutional investors, and digital nomads, thanks to clear regulations, tax advantages, and high quality of life. 'These cities aren't just friendly to crypto—they're building entire financial ecosystems around it,' the report said. 'The next epicenter of global finance won't just embrace crypto—it will thrive on it.' Among the key drivers identified are regulatory arbitrage, digital infrastructure, and crypto culture. In the Crypto Friendly Cities Index 2025, cities such as Zurich, Lisbon, Abu Dhabi, and Singapore ranked highly across all five measured metrics: regulation, tax regime, wealth & lifestyle, digital infrastructure, and crypto infrastructure. The report emphasized that 'first movers aren't just leading—they're dominating.' Crypto wealth concentration: Who holds the keys? Beyond adoption, Multipolitan also introduced a Crypto Wealth Concentration Index, which adjusts ownership data using a Gini coefficient to assess the inequality of crypto holdings. This sheds light on how deeply integrated crypto is among populations and whether it's concentrated among a few elites or broadly distributed. The United Arab Emirates stood out as the global adoption leader, with over 25% of its population holding crypto, thanks to 'proactive government policies and clear regulations.' Meanwhile, the United States continues to lead in trading volume, recording $2.07 trillion, largely due to institutional involvement. By contrast, countries like Slovenia and Cyprus, despite smaller populations, showed higher average holdings per user, suggesting high wealth concentration among a relatively small but active group. 'The question now isn't who's adopting crypto—it's who will hold the keys to crypto's immense wealth in the future,' the report concluded. The future financial capital Multipolitan sees the race toward becoming a global crypto hub as more than a trend—it's a foundational shift in financial geography. 'The global financial landscape is shifting,' the report declared. 'Cities that move quickly to embrace crypto aren't merely positioning themselves for relevance—they're securing their place as the financial centers of tomorrow.' This shift is especially relevant for countries like the Philippines, where crypto adoption has gone from grassroots use in gaming communities to broader financial integration. Watch: The Philippines is moving toward blockchain-enabled tech title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">
