Crypto News

US Senator Goes Full Bull on Bitcoin Mining With FLARE Act

A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expansion U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction of the Facilitate Lower Atmospheric Released Emissions (FLARE) Act,Source link

Why Trump’s Tariffs Could Actually Be Good for Bitcoin

So far, crypto markets haven’t behaved as expected under the Trump Administration. Investors hoped that regulatory reform and policies like a Bitcoin Strategic Reserve would drive prices appreciably higher. But it’s been the opposite. Bitcoin has fallen from highs well above $100,000 at the beginning of the year to a trough in the mid-80,000s for most of March.Crypto prices have suffered from being increasingly correlated with traditional assets like stocks and bonds, which have been hit by macroeconomic uncertainty. Tariffs — surcharges the U.S. places on imports from other countries — have Wall Street worried about a global recession. Crypto investors have been steering clear of crypto assets, which are seen as relatively risky. “This is all about markets’ ‘risk...

SEC, Gemini Seek 60-Day Pause on $900M Crypto Lending Case

The request to stay Gemini v. SEC forms part of a broader regulatory pullback under Trump, following instances with Coinbase and Ripple.Source link

Eric Trump Backs New Bitcoin Mining Venture With Hut 8, Plans to Go Public

The venture plans to scale fast, mine Bitcoin cheaply, and expand the family’s crypto footprint ahead of a potential public offering.Source link

Grayscale Seeks SEC Approval to List Crypto ETF With BTC, ETH, XRP, SOL, ADA Holdings

Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S.Source link