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CoinMarketCap Puts Wash Traders On Notice With New Metric

CoinMarketCap Puts Wash Traders On Notice With New Metric

CoinMarketCaps new “Liquidity” metric will come down hard on exchanges that harbor wash traders.

Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders

Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders

Binance.US will now open its digital assets marketplace to Florida citizens and cryptocurrency traders.

India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time

India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time

India is out again to ban cryptocurrencies with a target on traders and miners.

Arkham Intelligence Announces Partnership with Ninja Traders

Arkham Intelligence Announces Partnership with Ninja Traders

Arkham partners with Ninja Traders to offer best-in-class onchain data, tooling, and analysis to crypto traders.

Flow Traders Enhances Wormhole's Multichain Swaps with Solver Network Participation

Flow Traders Enhances Wormhole's Multichain Swaps with Solver Network Participation

Flow Traders joins Wormhole's network to boost multichain swaps, providing enhanced liquidity and speed. This collaboration aims to improve cross-chain transactions through the Composable Intents platform.

Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors

Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors

U.S. President Joe Biden's fiscal 2024 budget plan proposes a crackdown on crypto wash sales and a doubling of the capital gains tax for certain investors, which could raise $24 billion. The proposed changes to crypto tax treatment aim to reduce the deficit by nearly $3 trillion over the next decade. The budget proposal seeks to eliminate the tax-loss harvesting strategy used by crypto traders, which allows them to sell assets at a loss for tax purposes before immediately repurchasing them. The proposal also aims to raise the capital gains tax rate for investors making at least $1 million to 39.6%.

Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error

Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error

Yearn.finance seeks the return of $1.4 million from traders after a multisignature scripting error drained its treasury.

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.

CoinGecko: Top NFT Traders Made Profits of $9.60 Million to $101.63 Million

CoinGecko: Top NFT Traders Made Profits of $9.60 Million to $101.63 Million

Top NFT traders made profits of $9.60M to $101.63M, with CryptoPunks accounting for 70.6% of gains.

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.

Thai Cafe Welcomes Traders to Offer Crypto Advice

Thai Cafe Welcomes Traders to Offer Crypto Advice

A cafe in the northeastern of Thailand has become popular with cryptocurrency traders, this restaurant now welcomes people to offer advice to the industry.

May 7: The Traders' War... New vs Seasoned...

May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

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