Welcome back to Altcoins at a Glance, where we summarize news and events that happened with your favorite altcoins. It has been a crazy week with all the fear, uncertainty, and doubt surrounding the crypto industry. Many cryptocurrencies have plummeted…
Search Results For: siege
Crypto Electricity Tax Nixed in Important Debt Ceiling Deal
Crypto miners in the United States can now breathe a sigh of relief as plans by the Biden administration to impose a 30% tax on their electricity consumption have been scrapped in the latest deal to raise the country’s debt…
Bitcoin Will be an Inviolable Right Under Kennedy’s Presidency
Democratic Presidential Candidate Robert F. Kennedy Jr. made a public appearance as a White House contender at the Bitcoin 2023 conference in Miami, Florida. He announced his exciting plans to support Bitcoin as a tool for protecting freedom in the…
Crypto Clarity Sought in New Bill
Congressmen Tom Emmer and Darren Soto have introduced the Securities Clarity Act. The bill seeks to clarify the classification of digital assets. It aims to exclude investment contract assets from the definition of security. It will also provide certainty for…
Blaming Crypto for Bank’s Epic Failure Questioned by U.S. Senator
On May 16, the Senate held a hearing to examine the recent bank failures that rocked the United States financial system. One of the witnesses is Scott Shay, the former chairman, and co-founder of Signature Bank. Senator Cynthia Lummis, a…
Crypto as a Right Proposed in a Progressive Texas Resolution
Texas will probably be one of the safest U.S. states for the crypto industry in the future. A new bill was introduced in the Texas House of Representatives that seeks to extend the Bill of Rights to digital currencies. This…
Bitcoin to be Accepted in Liechtenstein
Liechtenstein, a small European country known for its financial innovation and stability, is planning to accept Bitcoin (BTC) as a payment option for state services, according to Prime Minister Daniel Risch. The proposal envisages immediately swapping any cryptocurrency received for…
Crypto Mining Tax Gets Strong Rejection from Presidential Contender
The crypto industry has faced a gauntlet of challenges, and it seems like the ordeal is not yet over. The Biden administration aims to add a thirty percent tax on electricity consumed by crypto miners. This new measure is supposed…
Coinbase Remains Strong Despite Regulatory Worries, Launches New International Exchange
Coinbase, the largest crypto exchange in the United States, has announced the launch of a new trading platform for institutional clients outside the US. The new platform, called Coinbase International Exchange, will offer perpetual futures contracts for Bitcoin (BTC) and…
Crypto Finds Strong Support from Members of Congress
The crypto industry has gone through a lot of challenges. The bear market dragged its total market cap from $3 Trillion to around $700 million. To make matters, worst government regulators made it hard for crypto projects to do business…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
