House Ways and Means Committee circulates seven digital asset tax drafts overhauling U.S. crypto taxation on stablecoins, mining and wash sales.

Bitcoin OG miner moves 2,650 BTC ($203M) into FalconX and Cumberland, retains 6,000 BTC; BTC trades at $77388.8 with bullish MACD.

Bernstein stays bullish on IREN, Riot and CleanSpark as Bitcoin miners pivot to AI compute demand, with BTC trading at $77009.99 amid neutral RSI and MACD golden cross.

Luxxfolio mines 500 LTC at $54.01 price with 60 L9 miners and zero sales as LTC tests bearish EMA50 resistance at $55.98.

Tether open-sources Bitcoin Mining Development Kit, boosting BTC mining innovation amid $77,725 price action and bullish trends.

According to DecryptMedia, U.S. Senators Bill Cassidy and Cynthia Lummis have introduced a legislative proposal aimed at supporting Bitcoin mining operations. They argue that government assistance is essential for the development and sustainability of the Bitcoin mining sector. This move could have significant implications for U.S.-based Bitcoin miners, potentially fostering growth and competitiveness in the global crypto industry.

According to DecryptMedia, the Trump brothers' Bitcoin mining firm, American Bitcoin, has accumulated over 7,000 BTC in its reserves. Despite this significant holding, the company's stock has seen a steep decline, losing 94% of its value from the post-IPO peak. This highlights challenges in aligning operational success with shareholder confidence in the volatile cryptocurrency sector.

According to @TATrader_Alan, the Dogecoin (DOGE) to Bitcoin (BTC) trading pair is forming a falling wedge pattern, nearing its apex. This setup suggests a significant potential breakout for DOGE. Key catalysts amplifying momentum include the launch of the DOGE Layer-2 testnet, House of Doge integrating traditional payment systems, new SEC clarity on utility assets like DOGE, and the Qubic compute network targeting DOGE mining. Combined technical and fundamental indicators suggest a major capital rotation into Dogecoin.

According to BitMEX Research, the Foundry Pool's winning block at height 941,882 was observed approximately 3 minutes and 16 seconds after the losing block. This discrepancy raises questions about the timing and propagation of blocks in the Bitcoin (BTC) network, potentially impacting mining strategies and confirmations.

According to the source, Bitcoin has reached a significant milestone in its mining cycle, marking a pivotal moment for the cryptocurrency's ecosystem. The report highlights that due to increasing mining complexity and resource requirements, many current miners may struggle to remain operational by the time the next milestone is achieved. This development underscores the evolving dynamics in Bitcoin mining and its potential impact on market activity and network security.

According to @StockMKTNewz, 20 million out of the total 21 million Bitcoin (BTC) that can ever exist have already been mined. With Bitcoin's issuance rate slowing down due to halvings, it is expected that the final Bitcoin will not be mined until approximately the year 2140. This milestone highlights Bitcoin's fixed supply design, which is a fundamental aspect of its value proposition.

According to VanEck, Bitcoin miners are strategically positioned to benefit from the increasing demand for AI technologies. The convergence of blockchain infrastructure and AI workloads has created new opportunities, as mining facilities can repurpose their computational power to support AI-driven operations. VanEck highlights that this shift could unlock additional revenue streams for miners while diversifying their business models.

According to Matthew Sigel, Head of Digital Assets at VanEck, central banks are increasingly adopting Bitcoin, with Kazakhstan being a notable example. Sigel highlighted that several countries are mining Bitcoin at a governmental level, signaling a broader institutional acceptance of the cryptocurrency.

According to the source, Foundry, a prominent Bitcoin mining pool operator, is expanding its operations to include Zcash mining. This move marks a significant diversification for Foundry, which is known for its dominance in Bitcoin mining. The strategic entry into Zcash, a privacy-focused cryptocurrency, could influence the mining landscape and attract interest from miners looking to diversify their portfolios.

According to Kashif Raza, the 20,000,000th Bitcoin (BTC) has officially been mined, marking a historic milestone in the cryptocurrency's timeline. This achievement took approximately 6,267 days since Bitcoin's inception. Notably, the mining of the final 1 million BTC is projected to take an additional 114 years, emphasizing the programmed scarcity of the digital asset and its long-term implications for traders and investors.

According to Lookonchain, Bitcoin mining firm MARA recently transferred 298 BTC, valued at approximately $20.57 million, to Cumberland. This activity could indicate potential liquidity management or trading strategies by MARA, which may impact Bitcoin's market dynamics in the short term.

According to @OnchainLens, Bitcoin mining firm Mara has deposited 298 BTC, valued at $20.57 million, into Cumberland. This transfer highlights significant activity within the mining sector and could signal potential market movements for Bitcoin (BTC). Traders may monitor such large transactions for insights into institutional or miner-related liquidity trends.

According to Glassnode, 20 million Bitcoin (BTC) have now been mined, marking a significant milestone in the cryptocurrency's limited supply. This achievement took 6,267 days, reflecting Bitcoin's deflationary nature. Notably, the final 1 million BTC is projected to take 114 years due to the halving mechanism, emphasizing Bitcoin's scarcity and long-term value proposition for traders and investors.

According to BitMEX Research, not all Bitcoin miners face the same electricity costs, which significantly impacts their profitability. Additionally, they highlight that the marginal cost of mining Bitcoin for the least efficient miner tends to follow the Bitcoin price rather than influencing it. This observation underscores the intricate relationship between mining costs and Bitcoin pricing dynamics.

According to Ki Young Ju, the latest filings from Marathon Digital Holdings (MARA) indicate that the cost of mining one Bitcoin (BTC) stands at $70,027. This information highlights the operational expenses associated with Bitcoin mining, which could influence trading strategies and profitability assessments for miners and investors alike.