Digital Energy Council (DEC): Advocating for Cryptocurrency Miners’ Interests in Washington, D.C.
A new lobbying group, the Digital Energy Council (DEC), has been created in Washington, D.C., that will work with regulators and lawmakers to advance the interests of cryptocurrency miners. DEC founder and president Thomas Mapes said the organization's main goal is to dis ...
BTC Market Analysis: Glassnode Predicts Price Breakout and Investor Breakeven Point
A number of factors indicate this, in particular the reaction of BTC to the news of the "debt" deal in the US Glassnode predicts that the trend will soon reach the level of $33,500 This is the break-even point for investors, who have invested in 2021-2022 ...
U.S. Drops Energy Tax for Mining Digital Assets, Citing Concerns and Criticism
Energy tax for mining digital assets has been dropped The CEA had previously proposed a levy with a 30% rate on electricity costs On Sunday, May 28, U.S. President Joe Biden and House Speaker Kevin McCarthy struck a deal on the nation's debt ceiling. The 99-pa ...
Senator Cynthia Lummis Doubts Proposed 30% Tax on Miners’ Income Will Pass
American Senator Cynthia Lummis, known for her cryptocurrency-friendly attitude, believes that the Biden administration's proposed 30% tax on miners' income is unlikely to pass. During the Bitcoin Miami 2023 conference, Cinthia Lummis emphasized her support for miners and c ...
Galaxy Digital CEO Michael Novogratz Claims US Government is Hostile to Cryptocurrencies
Galaxy Digital CEO, Michael Novogratz, has expressed his belief that the US government has taken a hostile stance towards the cryptocurrency industry. In an interview with Bloomberg, Novogratz stated that the Biden administration and the US Democratic Party don't like cryptocurrencies, largely du ...