Xrp To $1 | Bitcoin Mining Tax Go Bye Bye | Sui Blockchain $150 M Deal With Red Bull

Sui, a recently launched blockchain, has partnered with Formula One’s Oracle Red Bull Racing team in a multiyear deal. The news caused a 1.7% increase in the value of Sui’s native token before it dropped.

Meanwhile, there is speculation among investors and enthusiasts about XRP reaching the $1 mark, sparked by comments from trader DonAlt. In another development, a proposal to impose a 30% tax on firms engaged in Bitcoin mining using computing resources has failed. The tax aimed to address environmental concerns associated with mining and the use of fossil fuels.

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