Senator Ted Cruz introduces FLARE Act to repurpose flared gas for Bitcoin mining The bill proposes tax incentives for companies repurposing flare gases into digital asset mining.
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The Impact of USDT Supply Changes USDT’s circulating supply fluctuates based on market demand. When demand increases, Tether issues more USDT tokens, while redemptions reduce supply. These supply changes can have a notable impact on the crypto market, as large issuances are often associated with increased liquidity and bullish sentiment. Conversely, a significant reduction in USDT supply may indicate market uncertainty or declining demand for crypto assets. Traders and analysts closely monitor USDT supply movements as a potential indicator of future market trends.
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Law enforcement arrest Garantex co-founder in Indian coastal town Besciokov is expected to be extradited to the US following legal proceedings in India. Indian authorities confirmed the arrest of Garantex co-founder Aleksej Besciokov, a Lithuanian national wanted by the US for allegedly laundering billions through the crypto exchange.
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