Bitcoin is nearing completion in 2022 in unstable macroeconomic conditions. In the US, inflation remains at high values, which forces the Fed to act more aggressively. In many ways, this contributed to the drawdown of the flagship crypto asset this year by 70% relative to ATH, fixed at $69,000.
The cost of bitcoin is falling by 6.98%, falling below the $ 20,000 mark for the first time since December 16, 2020, according to trading data.
At Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin as of 10.00 Moscow time fell by 6.98% to 19.487 thousand dollars.
And according to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, the cost of bitcoin decreased by 6.50% — to 19,554 thousand dollars. The dynamics are given everywhere in a day.
CRYPTOCURRENCY BRAIN DRAIN IN INDIA IS ABSOLUTE MADNESS, SAYS POLYGON CO-FOUNDER
Sandeep Nailwal, CEO and co-founder of Polygon, sees the massive chaos reigning in the Indian cryptocurrency market. In his opinion, because of this disorder, thousands of developers, investors and entrepreneurs are leaving for countries with a more friendly regulatory framework.
THE FIRST BLOCKCHAIN SHOOTER IS READY TO LAUNCH
The next time a skeptic doubts the dynamics of the blockchain gaming market, kindly inform them that by the end of 2021, the industry has attracted more than 1.5 million users, and the daily volume of trading in decentralized gaming applications has grown to half a billion dollars. . Then giggle with pleasure.
SINGAPORE TAXES INCOME EARNED FROM NFT TRANSACTIONS
Income tax registration in Singapore will be determined depending on the nature and use of the NFT.
Bitcoin collapsed on Thursday to the maximum in almost a month amid the sell-off of risky assets. BTC lost 7.7%, ending the day at about $40,700. Ethereum fell by 7.7%, other leading altcoins from the top ten also declined: from 5.4% (Finance Coin) to 8.5% (Terra).
The total capitalization of the crypto market, according to CoinGecko, sank by 7.3% in a day, to $ 1.94 trillion. Bitcoin was sold more actively than altcoins, which led to a decrease in the bitcoin dominance index by 0.3%, to 39.8%. The cryptocurrency fear and greed index collapsed by 22 points to 30, returning to a state of fear.
Fidelity International Launches Physical Bitcoin ETP in Zurich
The FBI Is Launching a "Virtual Asset Exploitation Unit" with a Specialized Team of Cryptography Experts
The FBI Is Launching a "Virtual Asset Exploitation Unit" with a Specialized Team of Cryptography Experts
"Chancellor on brink of second bailout for banks”" this message was written in the first block of bitcoin. It translates as: "The Chancellor is on the verge of a second bank bailout”" This is the headline of an article in The Times about the consequences of the 2008 economic crisis.
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