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A new bill in the New York State Senate is aiming to reshape the future of cryptocurrency mining in the state. Introduced by Senator Liz Krueger, the proposed legislation would impose progressive taxes on Bitcoin mining firms, with the largest operators shouldering the heaviest burden.

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Bitcoin price aims for $125,000 as the gold rally and reduced inflation risks strengthen investors' conviction in interest rate cuts and a rally from alternative assets.

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Ethereum (ETH) price has gained bullish momentum in the past two days akin to Bitcoin (BTC) and Gold. The top-tier altcoin, with a fully diluted valuation of about $541 billion, surged over 4% during the past 24 hours to reach a range high of about $4,517 before retracing to trade around $4,485 at press time.

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Canaan Inc. secures a 50,000 Bitcoin mining rig order, marking its largest sale in over three years and boosting shares by 26%.

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Australias Fitell Corporation, a Nasdaq-listed company, has made headlines by purchasing 216.8 million PUMP tokens for $1.5 million. This bold acquisition is part of the firms growing Solana-centric treasury strategy, signaling a dramatic shift from its original fitness equipment business toward becoming a digital asset-focused enterprise.

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Zcash, with a gain of more than 130% since Sept. 25, fueled a rally among privacy coins on Oct. 2. ZEC Leads the Rally On the day bitcoin ( BTC) reached $120,000 for the first time since Aug. 14, privacy coins stole the limelight with many seeing double-digit gains.

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The crypto market has witnessed another unlocking of XRP tokens from Ripple's escrow account on Thursday, October 2nd, as the much-anticipated “Uptober” season kicks off to a bullish start.

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Ripple, a leading enterprise blockchain firm, has committed $1.3 million to establish a Center for Digital Assets (CDA) at the University of California, Berkeley. What sets this funding apart is that it comes in Ripples own Ripple USD (RLUSD) stablecoin, signaling a strategic push to expand real-world use cases for blockchain-based financial assets.

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The cryptocurrency market is witnessing a surge in whale activity, with XRP leading the charge. According to Whale Alert data, more than 1.3 billion XRP tokens were transferred within just eight hours, signaling a sharp increase in institutional-scale transactions.

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A long-awaited Litecoin exchange-traded fund (ETF) is still on the horizon, but the US government shutdown has clouded the approval timeline. This has left issuers and investors guessing what could be the next move.

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On Thursday, Ethereum (ETH) briefly surpassed the $4,400 mark, registering a 3% increase within 24 hours. This surge capped off a positive September, leaving markets cautiously optimistic as October began.

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On October 1st, Ripple's Chief Technology Officer, David Schwartz, announced his resignation after nearly a decade at the company, sparking discussions about the potential impact on XRP's recent price uptick. As the cryptocurrency market digests this news, Ripple's native token, XRP, which has been striving for a rebound, may face renewed volatility.

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Ether.fi price rose as the decentralized and non-custodial Ethereum staking protocol's native token mirrored broader crypto gains with a 25% spike in the 24 hours to hit an eight-month high of $1.79. Ether.

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Dogecoin (DOGE), the original meme coin, is showing signs of renewed strength as October trading kicks off on a bullish note. The asset has not only recovered from recent market volatility but also sparked a surge in investor confidence, with open interest data signaling a potential breakout.

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Dogecoin is cooling off after its recent rejection near $0.307, with price action now consolidating between $0.220 and $0.240. Despite the pullback, bullish momentum remains intact, and market signals suggest a retest of the $0.32 level could be only a matter of time.

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After several days of selling pressure and uncertainty, Bitcoin is showing renewed strength, climbing back to reclaim the $118,000 level just a few hours ago. The recovery has lifted sentiment across the market, with momentum turning bullish as traders speculate that the next leg of the cycle may already be underway.

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Liquidity magnets above $0.25 could fuel DOGE's climb if momentum doesn't stall.

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Fitell acquires 216M PUMP tokens for $1.5M, signaling a deeper commitment to Solana's ecosystem and DeFi opportunities.

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The price of bitcoin and ethereum are rising alongside stocks, which have historically gained during similar shutdowns.

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Bitcoin surged above $120,000 on Thursday, hitting its highest valuation since the start of August. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,796.57 Ethereum (CRYPTO: ETH) $4,503.90 Solana (CRYPTO: SOL) $232.23 XRP (CRYPTO: XRP) $3.07 Dogecoin (CRYPTO: DOGE) $0.2593 Shiba Inu (CRYPTO: SHIB) $0.00001268 Notable Statistics: Coinglass data shows 137,574 traders were liquidated in the past 24 hours for $448.47 million.

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Sharps Technology has approved a $100M repurchase and secured a $400M PIPE supporting its Solana treasury, alongside an MoU for discounted SOL. STSS has declined while SOL has gained, reflecting divergent trends into Q4.

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Stellars native token, XLM, posted a strong rally over the past 24 hours, climbing from $0.39 to $0.40 and briefly touching above $0.41. The price surge was accompanied by trading volumes more than double the daily average, highlighting strong market participation.

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Vivopower has closed a $19 million equity raise at a premium to market, signaling strong institutional support for its XRP-focused treasury strategy. The funds will be used to scale its XRP holdings and retire debt.

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Enterprise blockchain firm Ripple has allocated $1.3 million to fund a new Center for Digital Assets (CDA) within the engineering school of the University of California, Berkeley.

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Bitcoin Magazine Bitcoin Price Explodes to $121,000 as Q4 Begins — All-Time Highs Up Next? Bitcoin is kicking off October with momentum, surging past $121,000 and closing in on its all-time high. Bitcoin Price Explodes to $121,000 as Q4 Begins — All-Time Highs Up Next? Micah Zimmerman.