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A State Senator Is Pushing to Attract Bitcoin Miners to Oklahoma

John Michael Montgomery explains on CoinDesk TV’s “First Mover” why he thinks the Sooner State should offer tax incentives to crypto miners.

Oklahoma State Senator John Michael Montgomery explains why he is pushing the state to attract bitcoin miners with tax incentives. (CoinDesk TV)

Videos

Why US Lawmakers Are Considering Legislation on El Salvador’s BTC Adoption

A new bill titled the Accountability for Cryptocurrency in El Salvador (ACES) Act has been presented in the U.S. House of Representatives by a bipartisan group of regulators. “The Hash” panel discusses the legislation's intention to protect the U.S. economy from El Salvador's bitcoin adoption while also touching on concerns raised by global financial institutions like the International Monetary Fund (IMF). 

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Videos

Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin

Lightning Lab's Elizabeth Stark announced a Taproot-enabled protocol called Taproot Asset Representation Overlay (Taro) that has received $70 million in Series B funding to bring stablecoin capability to the Bitcoin network. “The Hash” panel discusses how this project can revitalize Bitcoin’s early function as a means for payments and the technological capabilities of the Taproot upgrade.

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Markets

Bitcoin Range-Bound; Support at $43K-$45K

Buyers could remain active on pullbacks into the Asia trading day.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site

The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.

Marathon Digital to Buy $121M of Mining Machines

Videos

Swan Bitcoin CEO on LFG’s Bitcoin Reserves Impacting the Crypto Markets

Swan Bitcoin CEO Cory Klippsten discusses the Luna Foundation Guard’s recent bitcoin buying spree for its UST reserves, commenting on the Anchor Protocol and Terraform Labs Co-Founder Do Kwon’s recent statement about Terra’s impact on the crypto markets. Plus, comments on bitcoin adoption curve and why he thinks BTC’s market cap could reach $21 trillion eventually. 

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Finance

Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin

The Taproot-powered “Taro” protocol aims to bring low-fee stablecoin and asset transfers to the Bitcoin Lightning Network.

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Policy

US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption

The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.

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Finance

First Mover Americas: Bitcoin's Pause Fails to Deter Optimism

The latest moves in crypto markets in context for April 5, 2022.

Puzzle cubes displaying logos of different cryptocurrencies and exchanges at the CryptoCompare Digital Asset Summit at Old Billingsgate in London, U.K., on Wednesday, March 30, 2022. Bitcoin and other cryptocurrencies had been, up until the last few weeks, mired in a similar downtrend as other riskier assets, like U.S. stocks. Photographer: Luke MacGregor/Bloomberg via Getty Images

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