[Decrypt: New York Democratic Lawmakers Propose Higher Taxes on Bitcoin Miners to Address Environmental Impact] Democratic lawmakers in New York have proposed higher taxes on Bitcoin miners, aiming to mitigate the potential environmental impact of crypto mining. Previously, New York passed legislation restricting certain energy-intensive mining activities to reduce carbon emissions. This move could lead to miner migration or industry opposition, further affecting the balance of the local economy and policies. (Decrypt)

[Bitcoin Market Cap Surpasses Amazon, Ranks Among Global Leaders] Bitcoin's market cap recently surpassed Amazon, becoming one of the highest-valued assets globally. As of now, Bitcoin's market cap is approximately $600 billion, while Amazon's market cap is around $540 billion. This marks a further elevation of Bitcoin's status in the global financial market. (Cointelegraph)