The Wall Street investment bank JPMorgan says digital assets have now replaced real estate as its “preferred alternative asset class,” and considers USD 38,000 a fair price for bitcoin (BTC)…. Read More: Bitcoin Undervalued, Crypto Now Better Than Real Estate – JPMorgan Read more »Pay, Trade, Buy Bitcoin with Credit Card
The market for non-fungible tokens (NFTs) shows signs of recovery – with the number of users, transactions, and amount of wallets buying NFTs seeing an uptick despite the continued low trading volume. More than 250,000 users interacted with NFTs over the week ended on May 23, up by around 25% from 200,000 users that…
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Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term…. Read More: Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds…
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Japan could be set to overhaul its crypto tax system – with opposition leaders joining a chorus of MPs and business leaders calling for a change in tax law to stop an “outflow” of crypto-related talent and convince Japanese crypto firms not to relocate overseas…. Read More: Japanese Opposition Leader Urges Crypto Tax Reform…
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Christine Lagarde, the President of the European Central Bank (ECB), has stated that cryptoassets should be regulated and are worth nothing – but has admitted that her son is a crypto investor. Lagarde was speaking during an episode of the long-running Dutch TV talk show “College Tour,” which aired on Sunday. The show involves…
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2021 will go down in history as the year when crypto witnessed massive user adoption, largely thanks to the non-fungible token (NFT) boom. NFTs went mainstream, catching the attention of millions around the globe. Today, with its ups and downs, the NFT space continues to expand while its total market value is now being…
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Bitcoin (BTC) is down almost 40% year-to-date, while most leading altcoins have dropped 50% to 70% since the start of 2022. So it’s fair to say, we are in a bear market. However, that doesn’t mean you have to exit the crypto markets because we’re having a bad first half of the year. Read…
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With the Bitcoin (BTC) and crypto market appearing to stabilize after last week’s brutal crash caused by the collapse of Terra (LUNA), analysts are offering their takes on where the market may be headed next. And as usual, opinions are divided, with some predicting the bear market is “complete,” and others arguing that we…
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While some furious South Korean crypto investors are readying multiple lawsuits for Do Kwon and the masterminds of the troubled terra (LUNA) protocol, others in the country are snapping up LUNA tokens at rock-bottom prices – even though the coin is currently being delisted from most major exchanges in the country…. Read More: South…
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Another headache appears to be incoming for Do Kwon (full name Kwon Do-hyeong) and his company Terraform Labs – with investors in South Korea ready to wage a legal battle against the CEO. Munhwa Ilbo reported that as many as three separate legal cases are now being mounted – each involving hundred of South…
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