New York's new bill proposes tiered tax levels for bitcoin mining's energy use, but miners running fully on renewables get a pass, with revenue going to families who need help with power bills https://bitcoinnews.com/legal/new-york-bitcoin-mining-tax/

NEW: Canaan Inc. secured a 50,000-unit order for its Avalon A15 Pro mining rigs from a U.S. buyer, marking its largest order in over three years and reflecting growing demand for efficient Bitcoin mining equipment.

🔴 Fed left flying blind on jobs data. The BLS confirmed its site won’t be updated until the shutdown ends. This means today’s Nonfarm Payrolls and Unemployment Rate reports will not be released.

NEW: New York lawmakers, led by Democratic Senator Liz Krueger and Assemblymember Anna Kelles, introduce Senate Bill S8518 to tax Bitcoin miners for energy use in proof-of-work.

It now costs over 5 MILLION Turkish Lira to acquire one Bitcoin in 🇹🇷 Turkey. In October 2023, it cost less than 750K Turkish Lira. Currency debasement comes at you fast.

NEW: Ray Dalio says he owns Bitcoin but does not think central banks will take it on as a reserve currency because “there’s no privacy” and “the code could be broken.” 🤔 From Ray Dalio

Bitcoin has spent only an infinitesimal amount of time above its current price level.

Bitcoin is flying off the shelves. Are you paying attention yet?

Tether now holds 86,000 BTC, 7 tons of gold, and over 100 billion dollars worth of U.S. Treasuries in its coffers. https://bitcoinnews.com/markets/tether-buys-bitcoin-8888-btc/

Tether now holds 86,000 BTC, 7 tons of gold, and over 100 billion dollars worth of U.S. Treasuries in its coffers. https://bitcoinnews.com/markets/tether-buys-bitcoin-8888-btc/