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bitcoinist.com Ethereum Sharp Exchange Outflows Sparks A Historic Supply Squeeze, Here’s What It Means

In a sudden upside move, Ethereum has strongly reclaimed above the $4,300 price mark as bullish sentiment gradually returns to the crypto market. At the same time, a massive amount of ETH has been observed leaving centralized crypto exchanges, which has led to one of the most crucial moments for the leading altcoin in the […]

bitcoinist.com SWIFT’s Blockchain Move Is Positive For Ripple? Why XRP Is Still The Better Option

SWIFT’s decision to test a blockchain prototype with Consensys (Ethereum) has stirred debate in the crypto space, raising concerns about whether XRP’s role in global finance may be under threat. While Ethereum may offer experimentation, a crypto analyst argues that the XRP Ledger (XRPL) already delivers enterprise-grade performance, compliance features, and real-world adoption that institutions […]

blockonomi.com New York Senator Proposes Crypto Tax on Energy Use by Miners

TLDR New York State Senator Liz Krueger has introduced a bill to impose a tax on crypto energy consumption by mining companies. The proposed tax will be levied in tiers based on annual energy usage, with miners using more power paying higher rates. Miners consuming up to 2.25 million kWh annually will be exempt from [...] The post New York Senator Proposes Crypto Tax on Energy Use by Miners appeared first on Blockonomi.