Tags : Plan

Bitcoin

Miami mayor says New York’s plan to halt Bitcoin mining

A new bill has been introduced in the New York State Senate that proposes to halt Bitcoin (BTC) mining for three years while researchers will be assessing its impact on the environment. Senator Kevin Parker initially presented his proposal, titled Senate Bill S6486, to the Environmental Conservation Committee on Monday. However, it attracted criticism from […]Read More

Market

Biden’s capital gains tax plan to pull crypto down to

There are often multiple causes for an asset’s sharp decline, but Bitcoin’s (BTC) 10% “nosedive,” which took place on April 22, may be blamed on the Biden Administration’s reported plan to tax capital gains at double the current rate on America’s wealthiest.  Bitcoin is habitually volatile, so one probably shouldn’t read too much into a […]Read More

Bitcoin

MicroStrategy Announces Plan to Raise Money to Buy More Bitcoin

Bitcoin has seen some mixed price action over the past couple of days, first seeing a massive selloff before testing new highs of over $50,000 The cryptocurrency has since erased these highs and plunged lower, with bulls failing to take firm control of its price action This has taken a toll on altcoins, with many […]Read More

Market

A turn for the worse? India’s crypto plan unsettling to

The Indian Crypto community has been involved in discussions with the government about how it should perceive cryptocurrencies and blockchain technology before finding ways to regulate the industry ever since the government placed a now-defunct blanket ban on banks servicing crypto firms in April 2018.  In the latest update, on Jan. 29, the government revealed […]Read More

Bitcoin

Bitcoin Eyes Bull Run Towards $40K Ahead of Biden’s Stimulus

Bitcoin extended its recovery trend as traders shifted their focus on Joe Biden’s stimulus plan expected later on Thursday, hoping that a generous spending package would pressure the US dollar and boost demand for alternative safe-haven assets. The US president-elect’s proposal expects to increase the federal deficit by around $2 trillion. His bill might contain […]Read More