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As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current 20% for people earning more than $1 million a year.
In other news, there was an apparent exit scam carried out by Thodex exchange owner Faruk Fatih Özer, which has affected about 391,000 users of the Turkish crypto exchange. Rumors are afloat that the owner may have fled the country with nearly $2 billion worth of crypto assets.
Everyone knows how to invest in crypto. It’s simple. You can buy a crypto fund like BITO or GBTC. Or you can buy crypto on sites like PayPal (NASDAQ:PYPL), Square,...
In recent times, the global crypto market has been driven by negative market sentiment, causing several projects to lose their value. Projects that have been able to...
Michael Burry, the investor who famously shorted the 2008 housing bubble, has dumped nearly all the stocks in his portfolio during Q2, suggesting there may be carnage ahead for...
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