Uzbekistan Establishes State-Supervised Crypto Mining Zone
- New Mining Zone Established: Uzbekistan created a state-supervised crypto mining zone called 'Besqala Mining Valley' in Karakalpakstan on April 17, 2025, allowing registered companies to mine crypto using multiple power sources and sell on foreign platforms, marking a significant policy shift.
- Tax Incentives: Miners in the zone benefit from tax exemptions until January 1, 2035, and must pay a monthly fee equal to 1% of their mining income to the zone's directorate, aimed at attracting investment and boosting local economic development.
- Flexible Power Usage: The new regulations permit miners to utilize renewable energy, hydrogen, and grid electricity, albeit at higher tariffs, which is expected to lower entry barriers for smaller miners and promote larger-scale mining operations.
- Access to International Markets: Miners in the zone can sell mined crypto assets directly on international platforms, breaking the previous requirement to transact solely through domestic exchanges, enhancing liquidity and potentially attracting more foreign investment.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.011 | 0.0139 | 0.017 | 0.0199 | 0.023 | 0.0259 | 0.029 |
| Fibonacci | 0.0139 | 0.0162 | 0.0176 | 0.0199 | 0.0222 | 0.0236 | 0.0259 |
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