New York State Senator Pushes Legislation To Tax Crypto Miners

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…

Bitcoin Rally To $125K Possible: Here’s Why

Key takeaways: Over $313 million in Bitcoin bearish positions were liquidated, signaling conditions for a short squeeze. Gold’s momentum highlights investors’ search for alternatives as interest rate cut expectations gain traction. Bitcoin (BTC) flirted with the $121,000 level on Thursday, marking its highest point in seven weeks. Bulls remain confident, noting that current conditions are…

ETH Setup Hints at 100% Rise After Potential Bottom at 3.9K

Key takeaways: Ethereum may have found a floor at $3,900, signaling a local bottom. A rare Power of 3 pattern suggests a potential 80% to 100% breakout in Q4.  Ether (ETH) may have signaled a local bottom at $3,900, with a key technical pattern pointing to the possibility of another large-scale breakout. As identified in…

Fresh Bitcoin Accumulation Set To Take Place At $120K

Key takeaways: Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases. Short-term holders are absorbing losses, signaling market stabilization. Neutral LTH flows may set the stage for a decisive breakout. Bitcoin (BTC) rallied above $120,000 for the first time since Aug. 13 as onchain data suggesting the market may be entering an accumulation…

How to Spot Early Crypto Gems in 2025

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…

How to Spot Early Crypto Gems in 2025

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…

Spend Your Bitcoin, Don’t Just Hoard It

Opinion by: Carel van Wyk, CEO of MoneyBadger  “Hodl” is the rallying cry for many in the typical Bitcoin community because they believe they should spend “bad money” (fiat) and hoard “good money” (Bitcoin) as it may appreciate in value. But they misunderstand Gresham’s Law, which says, “Bad money drives out good,” because today, there…

What Wealth Managers Should Know About the Resurgence of the Institutional Loan Market

Happy Uptoper! In today’s “Crypto for Advisors” newsletter, Gregory Mall, chief investment officer at Lionsoul Global, explains the evolution of bitcoin-backed lending in both decentralized and centralized financial systems. Then, Lynn Nguyen, CEO of Saros, answers questions about tokenized stocks in “Ask an Expert.” Thank you to our sponsor of this week’s newsletter, Grayscale. For…

Can BNB, Solana, and Dogecoin Prices Continue Climbing in October?

Key takeaways: BNB, SOL, and DOGE show strong “Uptober” momentum, with upside targets at $1,480, $250, and $0.31, respectively. Failure to hold key trendlines could result in a pullback for BNB to $835. BNB (BNB), Solana (SOL), and Dogecoin (DOGE) opened October in the green, echoing broader crypto market gains as “Uptober” euphoria builds. Can…

Melania Trump Touts Memecoin, Silent On $10M Team Sales

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,”…