Cryptocurrency

Cryptocurrency News

Lessons From the Meltdown: a Value Approach to Token Valuation

In the aftermath of the 1929 crash in stocks and bonds, following a once-in-a-generation trauma, arose a whole new school of financial analysis that would blossom out 50 years later. In hindsight,.

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Cryptocurrency News

Did Tesla Make Profit on its Bitcoin Investment?

The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is.

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Cryptocurrency News

SEC Calls 9 Cryptos ‘Securities’ in Insider Trading Case

The SEC and DOJ brought insider trading charges against three people Thursday, but assertions cryptocurrencies are securities may hold greater implications. The U.S. Securities and Exchange Commission used its first.

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Cryptocurrency News

‘Crypto Savior’ FTX Is Reportedly Raising Fresh Capital at Latest Valuation of USD 32BN

Major crypto exchange FTX, which has positioned itself as the industry’s savior, is reportedly looking to raise fresh capital at its January USD 32bn valuation. CEO Sam Bankman-Fried is in talks.

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Cryptocurrency News

‘Stablecoins’ To Face Bank-Like U.S. Regulation Under Draft Bill: Report

Issuers of so-called “stablecoins,” virtual currencies whose value is pegged to traditional currencies, would face bank-like regulation and oversight under a draft bill from senior U.S. House lawmakers, according to.

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Cryptocurrency News

Bitcoin Recovers After Brief Sell-Off On News Tesla Sold 75% Of Its Holdings

Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about 75% of its holdings of the virtual token. New York: .

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Cryptocurrency News

Tesla Sells 75% Of Its Bitcoin Holdings After Turbulent Crypto Foray

Tesla Inc. sold a significant chunk of its stake in Bitcoin, an investment that helped legitimize the world’s largest electronic currency. Tesla Inc. sold a significant chunk of its stake.

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Cryptocurrency News

Bitcoin Miners In Texas Back Online After Power Surge Caused Curtailments

Large-scale bitcoin mining operations in Texas are back online after sweltering temperatures that caused electricity use to spike led to power curtailments earlier in the month, an industry group said.

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Cryptocurrency News

Local Tax ‘First’ for Digital Yuan as Pilot Continues to Broaden Scope

Chinese citizens have begun using the digital yuan to pay “inter-city” tax bills – doing away with the need to conduct wire transfers to local tax authorities via banks. Per the China Securities.

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Cryptocurrency News

Gamers Play Different Strategies: Minecraft Says No to NFTs, While Square Enix Unveils Its NFT Project

The popular sandbox video game Minecraft has banned non-fungible tokens (NFTs) and blockchain innovations from integrating with its platform. On the other hand, Japanese entertainment conglomerate Square Enix has announced its NFT project. Mojang Studios, the Microsoft-owned.

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