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Binance-Celsius halted Bitcoin trading Bitcoin and other cryptocurrencies fell further on Tuesday as investors fled riskier assets in expectation of substantial increases in interest rates to combat inflation. Two of the world’s largest cryptocurrency exchanges banned operations on Monday as the broader market implosion proceeded apace. The Celsius Network, which …
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Bitcoin Bank Custodia Sues Fed, Demands Master Account The Custodia’s complaint alleges “illegal” delays in the bank’s approval procedure for a master account with the Federal Reserve, which would reduce costs and risks. Custodia, a Bitcoin bank, is suing the Federal Reserve for delaying the approval procedure for a “Master …
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Bitcoin has dropped below $30,000, a 55% drop from its peak. The worldwide cryptographic money market entered its most horrendously terrible part ever on Tuesday, with Bitcoin dipping under $30,000 per coin and leaving a huge number of merchants in a frenzy mode. The complete worldwide cryptographic money market dropped …
Continue reading “Bitcoin has fallen below $30,000, a 55% decrease from its all-time high.”
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Bitcoin is now legal in Central African Republic The Central African CFA franc. The Central African Republic has become the world’s second country to adopt bitcoin as its official currency, following El Salvador’s decision last year. According to a statement from the presidency, lawmakers in the CAR’s parliament voted unanimously …
TIM EDITORIAL
Bitcoin, Ether, Litecoin and other cryptocurrencies Seizes More Than $102 Million by US Secret Service As cryptocurrency and Bitcoin become more popular, the Secret Service has stepped up efforts to combat fraudulent transactions. According to the agency’s statistics, it has seized more than $102 million in cryptocurrency in 254 cases …
Continue reading “The Secret Service Seizes More Than $102 Million in Crypto Assets.”
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After stepping down as CEO of Twitter, Jack Dorsey plans to devote his full attention to cryptocurrency. The 45-year-old announced earlier today that he would step down as CEO of the $19.75 billion company, with chief technical officer Parag Agrawal taking over. The move comes after months of rumors about …
Continue reading “After Resigning as Twitter CEO, Jack Dorsey Has Become a Bitcoin Prophet.”
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As bitcoin either dropped to multi-month lows, $130 billion wiped off crypto markets in just one day- as major coins continued their multi-day sell-off. Bitcoin saw one of the most bashful bounces into a positive territory Monday after the cryptocurrency continued its next slide from the previous week. Cryptocurrencies are …
Continue reading “$130 Billion Wiped Off Crypto Markets In 24 Hours”
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Welcoming the growing hype around digital currency and acknowledging people’s inclination towards it, the Indian government announced its future plans to impose a 30% taxation on all the profits made on digital assets, inclusive of cryptocurrencies and NFTs. Brushing off the initial concerns over putting a straight ban on the …
Continue reading “India Plans To Regulate Cryptocurrencies With A Hefty 30% Tax On Gains”
TIM EDITORIAL
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