New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the first legislative initiative of its kind, will be levied in tiers, with no charge for miners consuming 2.25 million kilowatt-hours…
Synthetic stablecoins are returning to the spotlight this year — this time with renewed confidence in financial engineering designed to neutralize volatility through delta-hedged strategies. On Wednesday, SUI Group, a publicly traded company providing exposure to the Sui blockchain, announced plans to launch suiUSDe and USDi, described as the first native stablecoins of the Sui…
The DoubleZero protocol, a high-speed network of fiber-optic connections dedicated to serving high-throughput blockchain traffic, launched its mainnet-beta on Thursday, along with the public debut of the utility token that powers the network. DoubleZero’s decentralized physical infrastructure network (DePIN) now hosts over 70 direct high-speed links between 25 geographic locations to route blockchain traffic directly…
Key takeaways: Builders: Look for active repositories, steady commits and external validation to confirm real progress. Usage: Fees and retained revenue matter more than hype — use clean, consistent definitions. Liquidity: Depth and spread across venues show true tradability, not inflated volumes. Token design: Check float, fully diluted valuation and unlock cliffs to spot supply…
Key takeaways: The biggest traders in 2025 are moving markets not just with capital but with narratives. James Wynn shows why extreme leverage can deliver spectacular wins but also wipe out capital in minutes. Andrew Kang proves that pairing clear macro or policy shifts with conviction trades can pay off… if you size correctly. GCR…
US First Lady Melania Trump has resumed promoting her Solana-based memecoin, MelaniaMeme (MELANIA), after months of silence, even as the project faces ongoing questions about millions of dollars in unexplained token sales. In a Thursday X post, Trump returned with an artificial intelligence-generated video promoting the Official MelaniaMeme token as the path “into the future,”…
Artificial intelligence company OpenAI has become the world’s largest startup after reaching a $500 billion valuation in a secondary share sale. Citing anonymous sources, Bloomberg reported on Thursday that current and former OpenAI employees sold $6.6 billion in stock to investors including Thrive Capital, SoftBank Group Corp, Dragoneer Investment Group, Abu Dhabi’s MGX and T.Rowe…
Bitcoin may surge to a new all-time high of $150,000 before the end of 2025 as investors pile into safe-haven assets alongside gold, according to Capriole Investments founder Charles Edwards. Bitcoin’s (BTC) recovery above the $120,000 psychological mark may lead to a “very quick” breakout to a $150,000 all-time high, Edwards told Cointelegraph during an…
Plasma founder Paul Faecks denied accusations of insider selling after the project’s native token, XPL, dropped by more than half its value over the weekend. On Thursday, Faecks rejected speculation that the team offloaded tokens into the market, stressing that investor and team allocations remain locked for three years with a one-year cliff. “No team…
Two members of Sweden’s parliament, the Riksdag, have proposed that the country investigate establishing a strategic Bitcoin reserve to tackle inflation and diversify its holdings. They also want the government to promise it won’t change the legislation governing the monetary policy of Sweden’s central bank, to show it doesn’t intend to introduce a digital central…