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17 May 23

Ethereum dips as PEPE whales take profits

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the past week, ethereum’s price has seen a slight 4% dip, coinciding with PEPE whales taking profits, as the token dropped 20%. Over the past week, ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has seen a slight downturn […]

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30 Mar 23

Denmark’s supreme court rules bitcoin profits are taxable

The supreme court of Denmark in a recent judgment ruled that profits obtained from the sale of bitcoin were taxable, with the ruling applying to investors and miners. Investors and miners are to be taxed for gains on BTC sale The ruling which was given on March 30, 2023, involved two cases where the court […]

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25 Mar 23

Tether set to post $700m in profits for Q1 2023

Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a profit of $700m for Q1 2023. According to Tether’s chief technology officer (CTO), Paolo Ardoino, the projected profit for Q1 2023 would match the profit of Q4 2022, which was also $700m. It means that Tether would have […]

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22 Mar 23

Shiba Inu burn rate increases with Koyo offering to burn 50% of profits

One of the SHIB Army’s primary goals is to raise the meme coin’s price, including burning Shiba Inu tokens. The SHIB burn rate has increased since the beginning of March, with the Koyo Token project being a key contributor. Koyo to invest its earnings in Shiba Inu The Koyo token, which acts as a form […]

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