Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC

If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.

The US could see the biggest GDP contraction since the COVID-19 lockdown, as President Donald Trump’s tariff plans continue to cause havoc. 323 Total views 1 Total shares The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now

Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that the next Bitcoin (BTC) target is going to be $6,000, CNBC reported on April 2.During an interview on CNBC’s “Futures Now” show, Kelly stated that “probably a reasonable target [for Bitcoin] is close to $6,000 for this move.” Kelly’s statement…

Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform. 89 Total views 17 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTInvestment firm Fidelity has written down the value of its initial stake in Twitter…

The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool. 459 Total views 28 Total shares High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to…

Excitement for Yearn Finance’s yETH vault has reached a fever pitch after rumors of the product’s release circulated on Twitter. Analysts predict that the imminent launch of yETH by Yearn Finance could trigger a renewed surge in buying pressure on the ETH markets. The product, which is being voted on by YFI token holders, will…

Robert W. Wood is a tax lawyer representing clients worldwide from the offices at Wood LLP in San Francisco. He is the author of numerous tax books and writes frequently about taxes for Forbes, Tax Notes and other publications. The views and opinions expressed here are solely those of the author and do not necessarily…