After reaching a new yearly high of about 26%, the so-called Kimchi premium has normalized and returned to zero.
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Bitcoin saw another 10% price drop as it falls beneath $50,000 today to reach the current $48,200 level. The cryptocurrency had dropped as low as $47,500 in today’s session but rebounded from support at a .786 Fib Retracement level to push back above $48,000.
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Thodex exchange founder Faruk Fatih Ozer is reported to have left the country after Masak, the financial crimes investigation board, blocked the exchanges accounts on Wednesday and started an investigation into an alleged scam of epic proportions.  So far, the Turkish police have detained 62 people and have…
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The cryptocurrency market saw a major sell-off in the last 24 hours, with the total market capitalization falling by 12.6% and dropping under the $2 trillion level.
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The global markets crashed today on the heels of Biden’s tax plans. Bitcoin Crashes Below $50k The world’s largest cryptocurrency by market cap bitcoin (BTC) today witnessed a steep crash shortly after U.S. President Joe Biden’s speech where he hinted the government is mulling a plan to…
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Klaytn, a blockchain project from South Korea's Internet company, Kakao, announced its partnership with the blockchain technology company, ConsenSys. The strategic partnership is aimed at advancing Klaytn's digital asset integration.  The company tweeted: "Beginning today, #Klaytn will be partnering with @Consensys to advance development of Korea's CBDC…
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The Seoul metropolitan government said this week it had found and even seized such assets from over 600 "tax delinquents"—individuals and heads of companies living in the city. [...] Read More... The post Seoul seizes $22M from digital asset exchange accounts over back taxes appeared first on…
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Bitcoin has fallen below $50,000 for the first time since March 7. Here’s everything you need to know.
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Despite the poor performance from Bitcoin over the past week, in which it managed to drop by a severe 17%, there are several cryptocurrencies that managed to print fresh ATHs over the past week.
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Online trading platform Robinhood has recently announced a new appointment in the form of Christine Brown, the former Vice President of their Market’s Products Operations. Brown will continue with her position as VP alongside her new role as chief operating officer. Brown joined Robinhood in 2017, and…
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