🤖 Techy… The bitcoin blockchain saw a record 682K+ transactions on Monday, and over half of those were ordinals. Since their introduction earlier this year, the bitcoin NFTs have surged in popularity.
📜 Policy… The Biden admin proposed a tax on crypto miners equal to 30% of their electricity costs. Mining giant Riot suggested the tax could drive companies overseas, and have negative environmental effects.
🪙 Coins… Pepecoin, a crypto inspired by a controversial frog cartoon, saw $250M in 24-hour trading volume this week, passing fellow memecoins doge and shiba inu. Meanwhile, pepe whales sold off huge amounts of the token.
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