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President Biden Vows to Close Crypto Loopholes, Sending Ripples Through the Market
Cryptocurrency

President Biden Vows to Close Crypto Loopholes, Sending Ripples Through the Market

In a bold move aimed at strengthening the integrity of the tax system and levelling the playing field, President Biden has pledged to eliminate tax loopholes for crypto traders and hedge fund managers. With an estimated $18 billion in lost tax revenue attributed to these loopholes, the President aims to restore fairness and accountability within the crypto industry. The announcement sent shockwaves through the market, prompting a brief dip in Bitcoin's value before it rebounded, showcasing the industry's resilience. Read Also: Israel's Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance https://twitter.com/WatcherGuru/status/1674462671989530630 President Biden To Address Tax Evasion Practices President Biden made his int...
Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.
Blockchain

Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.

According to the Twitter page, Cardano Blockchain Insight, the Project Catalyst Fund 7  has been concluded, which is the reason the important data collated by Cardano Enthusiasts can be inspected. Important data like the one that allows seeing how many projects were financed and the number of votes collated and cast. From the data, 269 projects got funding in the course of the 7th round. Read Also: Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP). Over 50,000 wallets were actively disseminating votes on the platform, which is nearly 30% growth since the last founding round. https://twitter.com/InsightsCardano/status/1542630001878630400 Facts About Cardano Catalyst It allows deploying funding to offers that are focused on solving existi...
329,221,379 SHIB Tokens Burnt Resulted In The 332% Increase In SHIB Burning Boost The Crypto Enthusiasts’ Energy.
Cryptocurrency

329,221,379 SHIB Tokens Burnt Resulted In The 332% Increase In SHIB Burning Boost The Crypto Enthusiasts’ Energy.

In response to the ongoing bearish, the SHIB ARMY has not conceded to it at all, they sort for everything to maintain the community in the presence of the market collapse. In the last 24 hours, 329,221,379 SHIB tokens were burned. As stated by the post on Shibburn.com, 18 transactions were made in the course of the burn of which 6 of the transaction claimed over 10 million each. Read Also: Ripple CEO States Reasons While Ripple Survive Despite Crypto Bear Market And Advice New Crypto Members " this too shall pass" The burning over the 24 hours has resulted in the 332% increase in SHIB burning which eventually lead the crypto enthusiasts to be more optimistic about the popular meme coin. Just some days ago, it was announced by Crypto analyst the increased whale activity around ...