California’s billionaire tax proposal draws backlash from crypto proponents

2025-12-29 11:06

Many crypto industry proponents have criticized a proposed 5% tax on California billionaires, saying it would push wealth out of the state while doing little to fix the problems in the healthcare system it is designed to fund. Introduced by… origin »

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10 stories that rewired digital finance in 2025 – the year crypto became infrastructure

This year opened with Bitcoin (BTC) proponents expecting a clean rally, driven by halving narratives, spot ETF momentum, and a Fed pivot all stacked neatly in their favor. Instead, the year closed with BTC stuck 30% below its October peak, North Korean hackers walking away with $2 billion, and the US government quietly building a […] The post 10 stories that rewired digital finance in 2025 – the year crypto became infrastructure appeared first on CryptoSlate.

2025-12-25 16:00


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Proponents Fix Their Gaze On Ethereum’s Switch To PoS And The Groundbreaking Changes it Promises

Ethereum is the talk of the crypto sphere thanks to the expected PoS transition. The network promises significant changes, but can it keep up with market expectations with several competitors like Cardano and Solana springing forth? Ethereum, the network housing the second-largest cryptocurrency by market cap is top on investors’ list, for the most promising […]

2022-1-6 21:43


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As China Launches Fresh Attack On Crypto, Bitcoin Proponents Think It’s A Blessing In Disguise

As China Launches Fresh Attack On Crypto, Bitcoin Proponents assert Why It’s A Blessing In Disguise Why China’s fresh crackdown on crypto is the best thing to happen to the industry and will pay off significantly China has been a huge powerhouse in the cryptocurrency industry for much longer than many other countries have been. […]

2021-9-26 01:39


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$100k Bitcoin Is Right Around The Corner, Bloomberg’s Senior Strategist Reckons

“This year is prime for Bitcoin to take the next step in its price-discovery stage and we see a refreshed bull market,” wrote strategist Mike McGlone in Bloomberg’s August crypto outlook. This is a sentiment that many Bitcoin proponents share and have continued to hold onto despite the market woes. Bitcoin creates $30k base; $100,000 […]

2021-8-9 19:27


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Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners.

2021-5-26 18:30