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We bring you chaos and a $1200 giveaway.
| Bitcoin followed a dramatic drop on February 22. Bloody Monday saw Bitcoin (BTC) drop over 7.5% as the entire market dipped. All major cap coins saw multiple figure drops as BTC tumbled to its lowest level in a week. |
| We've launched $1200 IOST Giveaway! 10 lucky winners to get 2500 IOST each. Top inviter gets 5K! |
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Indian ban on cryptocurrency may extend to IPO promoters
Anti-crypto sentiment in India is boosted with initial public offerings (IPO) participants like promoters, investment banks, and lawyers likely to be barred from holding or investing in cryptocurrencies. Meanwhile, the threat of a total virtual currency ban continues to loom over one of the largest digital currency markets in the world.
Treasury Secretary Supports Fed-Backed Digital Dollar Concept
Janet Yellen may be open for United States regulators to consider digital currency, but it seems she is still seriously concerned about bitcoin (BTC). In an interview with The New York Times' DealBook DC Policy Project, Yellen said that it makes sense for the Federal Reserve to study the digital dollar.
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BoJ's annual digital yen pilot begins this spring
Japan's central bank (BoJ) is set to launch a digital yen pilot this spring, but the central bank is still far from deciding whether it will push ahead with issuance.
Ethereum Fees Exceeded $30 Amid Sudden Market Drop
Ethereum transaction fees have skyrocketed above $50 as the crypto market plunged into the red zone. In the last 24 hours, ETH's price has dipped to around $1,700, down over 12% on the day. |
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North American Bitcoin ETF May Soon Shatter $1 Billion Under Management, Analyst Says
A Bloomberg Intelligence analyst estimates that the first North American Exchange Traded Bitcoin Fund (ETF) will reach $ 1 billion in Assets Under Management (AUM) in the coming days. |
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The Market Wants Bitcoin and Tether, USD is Dying as Reserve Currency
Bloomberg's chief commodity strategist, Mike McGlone, said digital dollars and Bitcoin are a reserve currency that the market wants. "USD is losing its reserve currency status; the market wants Bitcoin and Tether," - he said.
Marvel artist joins blockchain art industry and sells work for $ 25k
A unique drawing of Spider-Man, created by Marvel comic artist Adam Kubert, sold for 12.75 ETH, or approximately $ 25,000 at the time of the deal. Cobert's artwork is one of 25 unique art pieces to be launched as Unique Tokens (NFTs) by several Marvel artists. |
Football Fan Tokens Rise as Poland's Biggest Club Goes to Crypto
The spread of blockchain-based soccer fan tokens across Europe continued on Monday as Poland's most successful soccer club partnered with sports fintech firm Chiliz. Legia Warsaw that holds the record for the most number of Polish league championship wins, will launch a token on the fan engagement and rewards platform Socios.
Korean crypto traders will be forced to pay income tax from 2022
The South Korean authorities have decided to speed up introducing a tax on profits from cryptocurrency transactions. According to the local Korean Herald, the tax of 20% on profits will be introduced from January 2022, citing a ruling from the Ministry of Economic and Finance.
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