Texas Surges in U.S. States’ Race to Put Public Funds Into Crypto
Texas’ bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
Texas
Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
MARA Holdings Closes Deal for Texas Wind Farm
The acquisition adds 114 megawatts of wind capacity to MARA’s asset base as it expands into energy infrastructure.
Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now
The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto
A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January departure.
‘There’s No Catch’: Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies
Bitcoin mining provides an opportunity for independent power producers to sell their electricity on a worldwide market, according to Sangha Renewables President Spencer Marr.
Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds
Five U.S. states have reached a settlement agreement with GS Partners – the European operation behind several crypto investment schemes, including tokenized investments in a Dubai skyscraper – that will see investors get 100% of their money back, according to a Monday announcement from the Texas State Securities Board (TSSB).
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.
ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
The Department of Energy’s statistics wing is feigning an “emergency” to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.