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Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz Wins 0.5 BTC on Biden Election Bet, Holds Twitter Lottery

Mike Novogratz revealed that he won half a Bitcoin in an election bet he placed on a Biden election win over the weekend. He then held an impromptu Twitter lottery giveway.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event

Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event

China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.

China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed

China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed

As part of China’s rollout of its central bank digital currency (CBDC), the government had a $1.5 million giveaway of digital yuan to its citizens in Shenzhen.

Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status

Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status

Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.

China to Award DCEP Worth $1.5 Million to Shenzhen Residents to Test Digital Yuan

China to Award DCEP Worth $1.5 Million to Shenzhen Residents to Test Digital Yuan

China’s central bank, the People's Bank of China (PBOC), has teamed up with Shenzhen city to distribute DCEP worth 10 million yuan, approximately $1.5 million to residents.

Dogecoin (DOGE) now Available for Purchase at 1,800 ATMs in 45 US States

Dogecoin (DOGE) now Available for Purchase at 1,800 ATMs in 45 US States

Dogecoin, the meme-based cryptocurrency, can now be purchased directly from Coinflip ATMs in 45 of the 50 US states.

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

Members of the Korean Tax Policy Association are calling on the government to consider applying a low-level tax on crypto transactions. The South Korean administration is contemplating taxing cryptocurrencies as part of its tax reform plan for 2021, but specialists feel it requires in-depth conceptualization.

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

What is Dogecoin?

What is Dogecoin?

Dogecoin is an altcoin cryptocurrency founded in 2013 based on the popular Doge meme, and is one of the more colorful coins on the cryptocurrency spectrum.

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.

April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

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