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Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020


The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...

India Considers 18% GST on Bitcoin Transactions


The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...

XRP Crashes as Coinbase To Suspend Trading


The fourth-largest cryptoasset, XRP, crashed to September lows after US-based major exchange Coinbase said it will suspend its trading on Tuesday due to a recent regulatory crackdown on XRP-affiliated Ripple. At the time of writing (04:03 UTC), XRP trades at USD 0.2248 and is down by almost 21%...

OKCoin to Suspend XRP Trading and Deposits on January 4


OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have...

SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale


The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....

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