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Days before the 30% tax came into effect, Nischal Shetty, CEO and founder of WazirX, one of India's biggest exchanges, said what people will do now "is find ways to not be part of the [domestic] system because people are not going to leave crypto." The Esya Centre report found
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Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered from financial troubles as early as 2018. People familiar
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New reports into Sam Bankman-Fried and his collapsed exchanges revealed that Alameda Research, the now-bankrupt crypto trading firm, almost collapsed in 2018, even before FTX was in the picture.A report published in The Wall Street Journal citing former employees revealed that Alameda incurred heavy losses from its trading algorithm. The
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As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna.The report says that 34% of boomers spend “a
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Bitcoin (BTC) may not be good value enough for a macro price bottom, according to analysis from CryptoQuant.In a blog post on Dec. 29, a contributor to the on-chain analytics platform flagged one BTC price indicator with further to fall.Profitability indicator lacks key crossAt nearly 80% below all-time highs, BTC/USD
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Historically, 2022 could end up being the second-worst year for Bitcoin since 2011. At the current price, BTC has a year-to-date (YTD) performance of -65%, topped only by 2018 when the price lost -73% in one year. As Arcane Research notes in its year-end report for 2022, physical gold (-1% YTD)
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Connors: 2023 will be a barbell for digital assets. It will be the core Layer 1s, Bitcoin, Ethereum, and it will be the use of NFTs by TradFi companies, which is a corollary to my first point. In 2022, the ecosystem was you had your alt level ones like Solana,
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As the bankruptcy proceedings take shape, chances are that these current withdrawals will be investigated and thanks to on-chain data, the flow of funds can easily be tracked.Alameda Research, the defunct trading firm belonging to the Sam Bankman-Fried, the founder and former Chief Executive Officer of bankrupt cryptocurrency trading platform,
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The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail. Original Source
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To understand how prevalent the practice has become since the NFT markets emerged, when all of the filters were applied, over $30 billion of NFT trading volume from all time could be linked to wash trading. This number is staggering, though it only represents about 1.5% of all trades that
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