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South Korea is looking at how to do away with crypto tax through a new income tax policy.
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Dogecoin whales have gone on a buying spree, acquiring 160 million DOGE in the past 24 hours amid the ongoing price correction. Whales are massively acquiring Dogecoin, leveraging the recent dip to buy the meme coin at a discount. In the past 24 hours, large holders have amassed 160 million DOGE in anticipation of a price uptick. The growing confidence in Dogecoin stems from the meme coin’s recent price explosion. For context, the dog-themed token recently broke a multi-year price high, appreciating extensively to trade around $0.4316 on November 13. As it dropped from this peak, accumulation has picked up. #Dogecoin #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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XRP is surging towards $1, with analysts predicting it could hit the milestone soon, driven by bullish momentum and growing market confidence. Last night, XRP broke into the $0.80 region while Bitcoin’s bull run cooled. Specifically, XRP’s price rose from an intraday low of $0.6844 to as high as $0.8452, marking a one-day gain of 23.5%. At press time, while the broader crypto market is bearish, XRP remains surprisingly strong. While Bitcoin is down 3% and Ethereum has dropped 5%, XRP is defending the gains it accrued on Thursday and trading above the $0.80 price level. #XRP #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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Goldman Sachs has disclosed increased exposure to Bitcoin through the US exchange-traded funds, acquiring an impressive $710 million of the investment vehicle. The leading investment banking firm disclosed the staggering exposure in a Thursday filing with the US Securities and Exchange Commission (SEC). The $710 million exposure made it one of the largest holders of the January-launched Bitcoin products, offering indirect exposure to the pioneering cryptocurrency. Notably, Goldman Sachs increased its position on the US Bitcoin spot ETFs from the last quarter, indicating the firm’s warm disposition towards cryptocurrency. The investment bank disclosed it held $418.65 million worth of Bitcoin ETFs in Q2, growing its exposure by nearly 70% in the last quarter. #Bitcoin #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewss
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"Cardano’s Massive 40% Rally Continues, Signaling Momentum Toward the $1 Milestone"
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The Securities and Exchange Commission (SEC) and its Chairperson Gary Gensler are the subjects of a lawsuit from 18 US States accusing the agency of regulatory overreach. In a Thursday disclosure, FOX Business reporter Eleanor Terrett confirmed the lawsuit, signed by the Attorney Generals of the 18 US States and filed at the US District Court for the Eastern District of Kentucky, Frankfort Division. Notably, the plaintiffs accuse the US SEC and Gensler of imposing laws beyond their jurisdiction and, hence, wrestling regulatory authorities off the states. Interestingly, Republican Attorneys represented the 18 US States, including Nebraska, Tennessee, West Virginia, Texas, Louisiana, Florida, and Montana, in collaboration with the DeFi Education Funds. #SEC #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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