Coins ( ₿ )
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Stocks & Crypto Coins Updates

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@Coins

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Amazon will launch its NFT platform on April 24.

will be available on the site of the American giant via a tab "Amazon Digital Marketplace". This tab will only be available in the United States at first.

The platform will gradually be opened to the rest of the world, including Europe.

https://en.thebigwhale.io/article/nfts-amazon-lancera-sa-plateforme-le-24-avril

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SEC files emergency action against Miami investment adviser BKCoin for $100 million Crypto fraud.

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4 days ago, the entire crypto market collapsed in a matter of minutes:

Over $200 million was liquidated within an hour.

Since then, Bitcoin has traded completely flat.

It just posted it lowest daily volume since 2015.

Liquidity is drying up in real time.

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SEC is increasing its staff to investigate and prosecute crypto firms.

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FTX just updated its books. The company is missing:

$6.4 billion in cash and stablecoins

$1.58 billion worth of Bitcoin

$870 million worth of ETH

$109 million worth of SOL

….and $209 million "other" miscellaneous cryptos.

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Vitalik dumping all his free shit tokens.

Currently sold 50B $MOPS for 1.25 $ETH($2K), sold 10B $CULT for 58 $ETH($91K), sold 500T $SHIK for 380 $ETH($600K).

https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b#tokentxns

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Thailand offers tax breaks for companies issuing investment tokens.

https://www.reuters.com/technology/thailand-offers-tax-breaks-companies-issuing-investment-tokens-2023-03-07/

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Mining equipment maker Canaan says its fourth-quarter revenue fell 60%.

Total computing power sold in Q4 decreased by 45.8% to 1.9 million Th/s from 3.5 million Th/s in Q3.

Canaan saw a decrease of 82.1% from Q4 2021.

The company blamed low demand for mining hardware as well as the lower price of bitcoin during the reporting period.

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Mysten Labs (team behind SUI) partners with Alibaba Cloud to enhance Web3 User Experience.

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Addresses associated with the U.S. government transferred out 49,000 $BTC ($1.08B) seized from the Silk Road hacker 5 hrs ago.

Among them, 9,826 $BTC ($217M) was transferred to #Coinbase, and 39,175 $BTC ($867M) was transferred to 2 new addresses.

https://mempool.space/address/bc1qmxjefnuy06v345v6vhwpwt05dztztmx4g3y7wp

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President Biden to propose a 5.2% federal pay increase, WAPO reports.

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Coinbase announces Wallet as a Service. Now any company can seamlessly onboard their users to web3.

Coinbase expands its web3 business solutions, so any company can build fully customizable onchain wallets for their customers.

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President Biden calls to double capital gains tax from 20% to 39.6%.

This would mark the highest capital gains tax rate since 1978.

Corporate taxes would also rise from 21% to 28%.

Meanwhile, corporations just posted their worst quarterly earnings since the pandemic.

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Voyager keeps selling assets!

Voyager sold $56M worth of assets in the past 24 hours, including:

- 27,255 $ETH ($42M)
- 11M $VGX ($6.3M)
- 400B $SHIB ($4.4M)
- 160,000 $LINK ($1M)

And received 33.7M $USDC from Wintermute Trading, Binance US and Coinbase.

Voyager currently holding $757.8M worth of assets, including:

- 459.8M $USDC
- 102,306 $ETH ($157.7M)
- 122.4M $VGX ($61.7M)
- 4T $SHIB ($44.2M)
- 1.28M $LINK ($8.5M)
- 8.95M $MANA ($4.9M)
- 6.6M $FTM ($2.4M)
- 454,805 $APE ($2M)
- 3.44M $SAND ($2M)
- 3.9M $ENJ ($1.55M)

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In just the span of 1 month, over 100k Bitcoin Ordinals were inscribed in a parabolic NFT minting frenzy that has brought attention to Bitcoin in a way it hasn’t seen in years. Ordinal theory ascribes a unique number to each satoshi and enables inscribing of metadata to each satoshi, functionally turning them into “NFTs”. The metadata can include pictures, gifs, and videos with a max size of 4MB, the upper limit for a Bitcoin block. Users inscribing metadata to specific satoshi units can fundamentally change Bitcoin's fungibility.

This added functionality has reignited the demand for Bitcoin block space. The average size of a block has increased from about 1.2 MB to 2 MB since the start of the year. Ordinals could be a godsend in ensuring the sustainability of the Bitcoin blockchain. As users pay to inscribe metadata, miners find a new, much-needed stream of revenue.

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Forwarded from Bitcoins
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Celebrating Bitcoin $BTC reaching $111 ATH back in 2013. A historic video.

@bitcoins
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