Bitcoin Mining Gains Political Support As Signuptoken.com Approaches 4K Registrations
A bill protecting Bitcoin mining rights passes in the Arkansas Senate and House. April 12, a critical date for Ethereum investors. Signuptoken.com is making news with its exciting De-Fi project.
The US state of Arkansas joined Montana and Texas this year in proposing legislation to control Bitcoin mining while providing legal protection to businesses that operate such operations. This is in contrast to national regulators, such as the Securities and Exchange Commission (SEC), which has fined and taken legal action against businesses that operate US cryptocurrency exchanges such as Binance and Coinbase.
According to the law, crypto miners will enjoy the same privileges as data centers, which the state recognizes as beneficial to the regional economy.
Meanwhile, Ethereum’s Shanghai upgrade fills the news. Be prepared to see an influx of ETH into the market. After all, this is the first case where investors have been able to exchange ETH for real ETH. Signuptoken.com is exciting the crypto world with its unique email registration system that allows users to join the Ethereum-based project with just an email registration.
US Cryptocurrency Legislation – Bitcoin’s Journey
Regulators in the US have been following Bitcoin since its inception. Now, after becoming one of the biggest virtual assets in the world. Various US states are considering final legislation to regulate the first cryptocurrency.
Recently, the Arkansas State Legislature, following Senator Joshua Bryant’s motion on March 30, passed a bill granting rights to mine Bitcoin. The law was quickly approved by the Arkansas state legislature which said “Data centers provide jobs, pay taxes and provide broad economic value to local communities.”
Despite the relentless crackdown by the SEC targeting exchanges, recent developments by several US states to enact Bitcoin legislation indicate a pro-crypto stance across the country.
18 Million ETH Flood Post Shanghai Upgrade
Ethereum’s biggest upgrade to date is complete with the release of this huge token. The Merge, which combines the old blockchain with a new network powered by the environmentally friendly proof of stake transaction validation method, severed its relationship with storage facilities for cryptocurrency miners.
Investors could only withdraw tokens representing staked ETH on platforms such as Lido before Shanghai, which corresponded to derivative claims on ETH. They also had access to block proposal fees, such as the tips paid to validators with each transaction, but not to newly created ETH.
Expect a significant drop in the price of Ethereum after the Shanghai upgrade, as analysts speculate that 50% – 70% of miners will cash out.
Signuptoken.com – Reinventing conventional de-fi
Do you remember signing up for your first Gmail or Yahoo account? I do. From that moment everything we knew about the world and how we interacted with it changed. Email registration was the first Web 2 revolution.
Now we are at the gate of the next big revolution, Web 3.0, and De-Fi (decentralized finance) is the way forward. And Signuptoken.com hopes to empower the layman the old-fashioned way, with a simple email signup to enter the world of digital assets.
The signuptoken.com tokens are cutting edge as they are based on Ethereum. Furthermore, the project’s sophisticated email validation mechanism ensures that false registrations are not allowed. There are currently over 3,000 email signups on Signuptoken.com, but there are only a few spots left for those who want to be among the first billionaires!
It is now possible for you to become a millionaire by joining Signuptoken.com. Don’t miss this chance – join Signuptoken.com right away!
Register and enter the millionaire league:
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