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Biggest Movers: XRP, SOL Move 5% Lower to Start the Week


Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. XRP Xrp, formerly known...

Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges


According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes...

PS5 Sales Are Unstoppable, And Sony Thinks It's Just The Start


The PlayStation 5 continues to outperform Sony’s wildest expectations. The console manufacturer announced another banner year for hardware sales, including over 6 million in the last quarter alone. With Spider-Man 2 just around the corner, Sony says it’s planning to sell an unprecedented 25 million...

Biggest Movers: LTC, LINK Rebound on Monday, Despite Crypto Market Red Wave


Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session. Litecoin (LTC) Litecoin (LTC)...

Biggest Movers: DOGE, SHIB Drop to Multi-Week Lows, Following Crypto Red Wave


Dogecoin dropped to a multi-week low on Saturday, as a red wave continues to wash away recent crypto bulls. The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%. Dogecoin (DOGE) Dogecoin (DOGE)...

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