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Jennifer Sor
06 Jul 2022, 02:26

Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'

Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'

Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'

"Some miners may either go bankrupt or have parts of their assets purchased for cents on the dollar by stronger ones," said Arcane Research.

4 out of 5 traders go slow on cryptocurrency investments after new crypto tax – WazirX
Kritti Bhalla
05 Jul 2022, 16:16

4 out of 5 traders go slow on cryptocurrency investments after new crypto tax – WazirX

Four in five traders have slowed down their investments in cryptocurrency since the implementation of a new tax, a recent survey by Indian crypto exchange WazirX has revealed. The company’s survey — involving 9,500 respondents — highlighted that 83% of the traders believe that the new tax has deterred their trading frequency. Another 24% — or a quarter of the traders — are considering shifting their trading activities to international exchanges.

Meet Washington's 'Crypto Queen,' a Republican senator who owns $100,000 in bitcoin and wrote a bill to finally regulate the industry
Katie Canales
04 Jul 2022, 19:24

Meet Washington's 'Crypto Queen,' a Republican senator who owns $100,000 in bitcoin and wrote a bill to finally regulate the industry

Sen. Cynthia Lummis owns bitcoin, understands crypto, and has the power to police it, a rare combination in an aging Congress and new technology.