Tag: Bitcoin

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Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to...

White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News

On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s...

Bitcoin (BTC) Stumbles as Fed Opts for Another Rate Hike

Alex Dovbnya As the Federal Reserve raises interest rates, the price of Bitcoin faces more turbulence Bitcoin, the flagship cryptocurrency, slipped into the red after...

The Fed’s FOMC Raises Fed Funds Rate by 25 Basis Points; Bitcoin Price Flat on the News

The Fed, however, is fighting a two-front war, with its rate hikes possibly having helped expose balance sheet issues at a number of...

North Carolina County Enacts One-Year Ban On Commercial Bitcoin Mining, But Not Without Pushback

After a public hearing, Buncombe County voted to approve a moratorium on bitcoin mining in order to craft zoning standards and regulations for...

Bitcoin Liquidity On The Move Ahead Of Major Event

As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency...

Kazakhstan’s Bitcoin mining industry has several challenges ahead

In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021....

Global Loss of Confidence in Fiat Boosting Bitcoin Adoption: Michael Saylor

With several market analysts giving their takes on the key driver behind this renewed surge, MicroStrategy’s former CEO, Michael Saylor, recently expressed his...

MATIC Rebounds, as SOL Falls Back Towards Support – Market Updates Bitcoin News

Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1%...

Bitcoin BRC-20 Token Standard Becomes Latest Crypto Trend

PEPE and MEME now account for a majority of the 8,500...

Stacks (STX) Soars 13% Daily, Bitcoin Stopped at $29K (Market Watch)

After the two-day-long price declines, bitcoin finally went on the offensive hours ago but was stopped before tapping $29,000. The altcoins, despite being more...

Breaking the Barriers of Traditional Banking With Digital Assets – Op-Ed Bitcoin News

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A...