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Bitmine Stakes $266M Ethereum, Pushing Total Staked $3.3B
6+ hour, 33+ min ago (504+ words) Bitmine staked 86,400 Ethereum worth $266.3 million on January 10, bringing total staked holdings to 1,080,512 ETH valued at approximately $3.33 billion. The move continues the aggressive staking expansion that began December 26, 2025, when the company first deposited 74,880 ETH. Tom Lee, Fundstrat Global Advisors co-founder and…...
California’s billionaire tax proposal draws backlash from crypto proponents
1+ week, 6+ day ago (803+ words) Many crypto industry proponents have criticized a proposed 5% tax on California billionaires, saying it would push wealth out of the state while doing little to fix the problems in the healthcare system it is designed to fund. Introduced by the…...
Bitmine begins staking ETH, deposits $219M into Ethereum PoS for yield
2+ week, 1+ day ago (485+ words) The move comes as the largest Ethereum (ETH) treasury company seeks yield generation from its 4.066 million ETH holdings. According to EmberCN monitoring, the deposit occurred on December 27. At an estimated 3.12% annual percentage yield, staking the entire treasury would generate roughly…...
Bessent urged to rethink taxes on crypto staking rewards
1+ mon, 3+ week ago (415+ words) U.S. Senator Todd Young of Indiana is calling on the Internal Revenue Service (IRS) to review Biden-era tax guidelines for cryptocurrency rewards. Senator Todd Young is urging the IRS to reconsider its 2023 guidelines on the tax treatment of cryptocurrency rewards earned…...
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