House Majority Whip Tom Emmer recently raised concerns about government agencies under the Biden administration starting to collect data on Bitcoin mining firms. Emmer criticized the Office of Management and Budget (OMB) for approving a request from the Energy Information Administration (EIA) to implement an information collection regime on the Bitcoin mining industry without a
Safety
In recent years, there has been a noticeable decline in the volume of Bitcoin stored in exchange wallets. This shift in investor behavior marks a significant departure from the trend observed in mid-March 2020 when over 17% of Bitcoin’s total supply was housed on exchanges, representing a record high. Despite Bitcoin’s 2021 bull run, which