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USD 1.2M Bid Placed on NFT Piece by Silk Road Founder Ross Ulbricht


  A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go. Ulbricht, currently in his ninth year of serving a double life without parole in a US federal prison, previously...

Crypto Donors Pay $1Million in Fees for a Failed Bid


A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...

Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow


dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1

Bitcoin Trims Losses Ahead of Major Options Expiry


recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho

Bitcoin Fundamentals Remain Strong Despite Flash Crash - Analysts


most altcoins were still down markedly over the past 24 hours, despite dip buyers coming to the rescue to bid up the prices of many coins from their lows yesterday. For now, the price of bitcoin remains down by 10% for the past day, trading at around USD 46,129, while ETH is also down by 10% to a pr

Bitcoin’s Legal in El Salvador – But Still Has a Mountain to Climb


ntroversy is already blighting the move, masterminded by the El Salvador President Nayib Bukele. Some claim that a clause in the new law that forces businesses to accept BTC as a form of payment if requested is an example of “strong-arm tactics.”In a bid to drive up the pace of adoption – and

Sotheby’s Bored Ape NFT Auction Attracts Nearly USD 20M In Bids


UTC, but the price offered for the Yacht Club collection has already exceeded the initial estimate of between USD 12m and USD 18m. As of September 6, 10:00 A.M. UTC, the current bid is USD 19m, with a total of 44 bids placed to date. For the Kennel Club collection, for which bidders ca

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