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Joe Biden’s budget plan covers a mining tax and crypto wash trading


An excise tax on cryptocurrency mining has been proposed by the administration of US President Joe Biden in an effort to reduce energy consumption and promote a more environmentally sustainable policy in response to the expansion of digital asset mining. An organization that leases or possesses...

Former Activision Boss Bobby Kotick Wants To Buy Tiktok: Report


TikTok is in an exceptionally tough spot these days. Despite everyone you know using it for hours on end, the video-sharing app is currently facing legislation that would force its ban in the U.S pending a potential sale, and prospective buyers are lining up. Regrettably, one of these buyers...

Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens Surge


As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in...

These 3 US Presidents Would Have Bought Bitcoin: Historian


While the current President Joe Biden and his predecessor Donald Trump have shown skepticism towards cryptocurrency, there are historians who believe that some former presidents may have embraced it. The post These 3 US Presidents Would Have Bought Bitcoin: Historian appeared first on Cryptonews

US President Joe Biden Sparks Crypto Speculation With Laser Eyes Avatar on X


US President Joe Biden’s laser-eyed post on his X and Instagram accounts late Sunday intrigued the crypto community. The image posted was captioned: “Just like we drew it up.” Biden’s post follows the Kansas City Chiefs’ victory over the San Francisco 49ers in the Super Bowl...

Crypto Mogul Novogratz Chooses Phillips Over Biden for Political Support


Source: a video screenshot, Bloomberg Television / YouTube Mike Novogratz, a prominent investor in the cryptocurrency space and a long-time supporter of Joe Biden, is set to fundraise for Representative Dean Phillips, a Democratic primary challenger to the president.  Novogratz, the CEO of Galaxy...

58 US Lawmakers Probe Biden and Yellen on Hamas’ Crypto Operations


Fifty-eight U.S. lawmakers have probed President Joe Biden and Treasury Secretary Janet Yellen regarding Hamas’ digital asset operations, as well as whether the U.S. has had success in seizing illicit cryptocurrencies. Despite reports that terrorist groups have raised millions in crypto,...

President Biden Worried About AI After Watching Latest Mission: Impossible


President Joe Biden signed an executive order designed to create the first real US regulations and suggestions about artificial intelligence on October 30. The order came after months of meetings about AI tech, though the White House also confirmed that, strangely, the new Mission: Impossible film...

White House’s AI Safety Order Leads to Slide for AI Tokens


President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...

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