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blockonomi.com New York Bill Seeks Energy Excise Tax on Crypto Mining Activity

TLDR: Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above 2.25M kWh in New York. Taxes scale from 2¢ to 5¢ per kWh for crypto miners above set thresholds under new NY plan. Exemptions apply if mining uses off-grid renewable energy not tied to electric grid. All collected funds would support energy [...] The post New York Bill Seeks Energy Excise Tax on Crypto Mining Activity appeared first on Blockonomi.

blockonomi.com FLOKI ETP Debuts in Europe, Boosting Meme Coin Legitimacy

TLDR The first FLOKI ETP has launched in Europe, marking a major milestone for the meme coin sector. The FLOKI ETP is now available on Sweden’s Spotlight Stock Market, making it accessible to European investors. FLOKI becomes the second BNB Chain project, after BNB, to list an ETP on a European regulated exchange. Valour expanded [...] The post FLOKI ETP Debuts in Europe, Boosting Meme Coin Legitimacy appeared first on Blockonomi.

blockonomi.com Dogecoin Price Eyes $0.80 But Magax At $1 Is Expected By Analysts To Surpass 17,000% By September 2026

Dogecoin’s Community Strength Fuels Bullish Price Predictions Dogecoin (DOGE) holds strong community and market interest. Analysts predict DOGE could reach $0.80, driven by retail and social media, while new tokens like Magax also show high growth potential. Magax, currently in Stage 3 of its presale at $0.000318 per token, is being tipped by analysts for [...] The post Dogecoin Price Eyes $0.80 But Magax At $1 Is Expected By Analysts To Surpass 17,000% By September 2026 appeared first on Blockonomi.

blockonomi.com Coinbase Stock Gains 2% After Rothschild Upgrade and Samsung Deal

TLDR Coinbase stock gained more than 2% following a strategic upgrade by Rothschild & Co. Rothschild set a $417 price target for Coinbase stock, emphasizing its business diversification. Coinbase’s reliance on retail transaction fees is expected to drop to nearly 50% next year. The partnership with Samsung integrates Coinbase services into 75 million U.S. Galaxy [...] The post Coinbase Stock Gains 2% After Rothschild Upgrade and Samsung Deal appeared first on Blockonomi.