Crypto Clash In Texas: Will Senate Bill Crush The State's Bitcoin Gold Rush?

A new bill in Texas is expected to make the state less appealing for Bitcoin (CRYPTO: BTC) miners. Republican Senators Lois Kolkhorst, Donna Campbell, and Robert Nichols propose eliminating tax breaks and requiring miners using over 10 megawatts (MWs) to register as flexible load operators with the state grid operator ERCOT.

Timeline of Bitcoin-gold

Bitcoin Gold (CRYPTO: BTG) and Solana (CRYPTO: SOL) are trading lower by some 3.30% to $14.45 and 4.55% to $15.42 Friday afternoon. Several altcoins are experiencing ongoing, marked weakness and trading lower after crypto exchange FTX commenced Chapter 11 proceedings.

Are you looking for a token that's getting more and more interest from the wider crypto market as each day goes by? That token could be Uniglo, which is gathering tons of traction while still during pre-sale.

Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower Monday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO: ETH). The broader cryptocurrency sector was lower throughout weekend trading, and volatile throughout Monday's trading session amid ongoing U.S. economic concerns and ahead of this week's CPI report.