It became clear on Sunday that the Digital Asset Mining Energy (DAME) excise tax proposed by the Biden administration was blocked as part of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. The Biden administration justified the proposed 30% tax on crypto
Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the focus of the crypto space to a great extent. Remarkably, crypto exchange Binance is on the frontline investigating the possibilities of onboarding BRC-20 to augment Bitcoin’s NFT era. Notably, Leonidas, a popular Ordinals member on Crypto Twitter, magnified the
Bitcoin (BTC) jumped more than 3.4 percent during the early hours of trading on Monday, May 29. This occurs when the United States is ready to increase its debt limit from its present level of $31.4 trillion. According to CMC, Bitcoin (BTC) is trading 3.4% higher at $28,009 with a
Bitcoin (BTC), the world’s largest cryptocurrency, surpassed the $28k mark early Monday morning. And also Bitcoin has taken center stage as the most intriguing subject on crypto Twitter, capturing the attention and interest of users. As reported by CoinMarketCap, the current price of BTC stands at $28,081.93, accompanied by a
An agreement in principle to extend the debt limit date, now at $3.4 trillion, has been agreed between US President Joe Biden and Representative Kevin McCarthy only days before the default date. The proposed compromise between the two sides would increase the debt ceiling for two years while imposing expenditure
The NFT market, which faced a significant downturn last year, is now showing promising signs of a rebound. Optimism among investors regarding cryptocurrencies and the increasing demand for digital assets like Bitcoin have contributed to the overall rise in the cryptocurrency market. Based on the latest data, $OXBT BRC-20 NFTs
In order to bring inflation under control, the International Monetary Fund (IMF) advises the Federal Reserve of the United States to maintain hiking interest rates for a longer length of time. The IMF also recommended that the Biden administration use stricter fiscal policies to bring down the national debt. Under
In a surprising turn of events, Peter Schiff, who has been openly critical of cryptocurrency for years and once dismissed NFTs as lacking value and prone to replication, is now gearing up to debut his own NFT art collection on the Bitcoin platform. I'm pleased to announce an art project
Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain
The cryptocurrency landscape is entering a new phase with the latest introduction of Bitcoin Core version 25.0. According to updates, this new iteration signifies a significant leap in the Bitcoin protocol’s progression, showcasing a plethora of feature upgrades. Alongside these advancements, it also brings numerous bug resolutions and substantial performance
