crypto

BitMEX founder predicts Bitcoin to hit K amid higher correlation with Nasdaq 100

BitMEX founder predicts Bitcoin to hit $30K amid higher correlation with Nasdaq 100

Bitcoin, the world’s largest cryptocurrency by market cap, is increasingly showing a tendency to move in the same direction with some of the world’s biggest tech stocks, a recent report by Bloomberg has revealed. Per the data reported by Bloomberg, the currency saw its highest 40-day correlation with Nasdaq 100 at 0.6945 on Friday. The

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DEA’s DEAPcoin Set For Listing On Digital Asset Exchange XT.com

Singapore, Singapore, 11th April, 2022, Chainwire Digital Entertainment Asset Pte. Ltd. (DEA), the Singapore-based GameFi organization behind the PlayMining ecosystem, revealed that its native DEAPcoin (DEP) token will be listed across one new exchange, enlarging its accessibility across multiple regions.  Per the DEA team, the platform’s DEP utility token will join the Singapore-based social trading

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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations

Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations

The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital marketplaces.” However, with oblique definitions on such key terms,

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Colombian gov’t invites companies to trial its crypto transaction framework

Colombian gov’t invites companies to trial its crypto transaction framework

Colombia takes another important step towards regulating the nation’s crypto sphere. The government of Colombia has approved on September 22 a pilot program that calls companies to test crypto transactions until December 31 within the regulatory sandbox just passed by the country’s financial watchdog. During a panel titled “Overview of the Regulation of Crypto Assets

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