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Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin

A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin. According to the "Crypto Wealth Report” published on Sept. 5, Henley & Partners said there were roughly 88,200 millionaires worldwide with crypto holdings, with 40,500 holding

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Bitcoin miners earned $50B from BTC block rewards, fees since 2010

Bitcoin (BTC) miners have profited roughly 37% from mining Bitcoin since its inception, new data reveals.Calculations from on-chain analytics firm Glassnode suggest that since 2010, fees and block reward subsidies have netted miners over $50 billion.Bitcoin miner revenue passes $50 billion markAmid an ongoing debate over miner costs and susceptibility to

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Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges – Bitcoin News

According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes on revenues earned by cryptocurrency exchanges used by an

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