The surging trading volumes helped the bank reach profitability for the first time.
Solana's SOL and Ripple's XRP were notable outperformers.
Sen. Cynthia Lummis (R-Wyo.) slammed Joe Biden's administration proposal to impose a 30% tax on Bitcoin (CRYPTO: BTC) mining operations, calling it a "blatant attack" on innovation and American excellence. What Happened: In a so-called "orange paper" shared on Tuesday, the senator outlined several benefits of Bitcoin mining operations and how taxing them could adversely affect energy infrastructure, the environment, and the state's tax revenues. The Biden administration's dangerous scheme to tax
