Tag: Altcoin News

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Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Yearn.Finance Token Jumps as Team Promises ‘Aggressive Buybacks’

  YFI, the governance token issued by the decentralized finance (DeFi) protocol Yearn.Finance, has seen its price almost double in a week following the announcement of a completed token buyback worth some USD 7.5m. The buyback, which Yearn.Finance said made up 0.77% of the total supply of YFI tokens, was announced via the protocol’s Twitter…
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Crypto Market Sentiment Falls Further as Ethereum Enters Neutral Zone

The crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to the market sentiment analysis service…
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Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red

  Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500…. Read More: Bitcoin and Ethereum Near Crucial…
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Investors Not Impressed by Polkadot’s Parachains Launch

  Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem. While Polkadot’s utility token DOT was relatively flat on December 18, the day of the launch, it is in the red on Monday, December 20. ……
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DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns

  People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned…. Read More: DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns  Read…
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TRX Drops as Justin Sun Leaves Tron to Become His Excellency Ambassador

Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization (WTO), and now he’s stepping away from the day-to-day operations at the Tron Foundation. At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at USD 0.0834 and was down 1.4% in an hour.…
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Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto

  Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public officials…. Read More: Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto  Read more…
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Bitcoin and Ethereum Consolidate, SOL and AVAX Rally

Bitcoin price is attempting a recovery wave above the USD 47,500 level. BTC even surpassed the USD 48,000 level. It is currently (11:30 UTC) consolidating, and it could rally if there is a clear move above the USD 48,500 level…. Read More: Bitcoin and Ethereum Consolidate, SOL and AVAX Rally  Read more »Pay, Trade, Buy…
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Crypto Trades Expected to Become Reportable by Platforms In 3 Years – Survey

  Cryptoasset trades are expected to be subject to official reporting requirements as soon as within three years, with the United States likely being the first country to introduce such regulations on trading platforms, a new survey conducted by business analytics firm IHS Markit in October this year has found…. Read More: Crypto Trades Expected…
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