A new survey indicates that there is increasing adoption of digital assets among Americans. The study by Piplsay, backed by MarketCube, found that 33% of Americans own at least one type of cryptocurrency, with …
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TIME Magazine To Accept Crypto For Subscription Payments
The benefit of cryptocurrency being more publicly visible than ever before is that there are more companies that are hopping on the train and embracing cryptocurrency. This includes companies like Tesla …
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NFT sales volume plummets from recent highs. Is the hype over?
Only weeks ago, it seemed impossible for the digital art market to cool off. Throughout February, the non-fungible token (NFT) craze was in full spotlight, with the mania reaching its …
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Court authorizes IRS to request customer records from crypto firm Circle
The Internal Revenue Service (IRS) is seeking customer records from crypto firm Circle to check U.S. residents are meeting their tax obligations. According to a Thursday statement from the Department …
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Morgan Stanley Bidding for South Korean Cryptocurrency Exchange Bithumb
Morgan Stanley and NYSE’s parent company Intercontinental Exchange (ICE) were revealed as interested parties in acquiring South Korea’s largest crypto exchange Bithumb. According to a South Korean media report, the …
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Crypto exchangers could see 100,000 new users per day
Crypto exchanges are seeing a tremendous surge in their user numbers. Posting on Twitter, market analyst Willy Woo found that there are roughly 35,000 new daily users on-chain. This could …
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Bitcoin (BTC) and Ethereum (ETH) See Record Inflows
Inflows in stock traded bitcoin and Ethereum products have hit a record this quarter according to Coinshares. Some $4.2 billion has been invested during the first quarter of 2021, compared …
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South Korea Tax Agency Suppresses Persons Hiding Assets Using Cryptocurrency
According to the Korea Herald on Monday (Mar. 15, 2021), the National Tax Service (NTS) clamped down on over 2,400 tax offenders who hid their assets using bitcoin and other cryptocurrencies to …
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FalconX says $50M raise will attract billion-dollar hedge funds to Bitcoin market
After raising $50 million at a valuation near $700 million, crypto brokerage and trading startup FalconX is preparing to expand its customer base of deep-pocketed hedge funds. According to chief …
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JPMorgan To Eye Bitcoin And Crypto Clearinghouse Options Amid Huge Price Rally
Bitcoin and cryptocurrency interest among Wall Street banks has exploded in recent months—climbing along with the surging bitcoin price. However, the bitcoin and cryptocurrency market remains relatively immature, with traders having to deposit …
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