Crypto News Weekly Digest 10.02.2023

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2023-02-10

 

Crypto market

 

BTC - $21871 -3.56%. Bitcoin after the night fall (https://t.me/c/1597252347/2766) is trading in a small sideways trend. Altcoins in the red zone. The trading volume is $74.1 billion. The fear and greed index is neutral (48).

 

Growth leaders among altcoins are RPL, NEO.

Fall leaders are DYDX, GRT, IMX.

BTC dominance is 43.35%.

Altseason index 35.

 

Bitcoin was the most disliked crypto on Twitter in 2022

 

In the TOP of positive tweets - Ethereum and Solana. They are especially fond of the inhabitants of Indonesia and Uzbekistan.

Most of the negative has resulted in bitcoin, which is associated with a drop in its value.

BTC was in the TOP of negative tweets in 16 countries at once. The first three places are Canada, Qatar and Finland.


 

The largest supermarket chain in South Africa has added payment in BTC.

 

First, the payment solution was tested in 10 outlets, then expanded to 39. Now all 1,628 stores of the Pick n Pay network accept cue ball.

The commission for each payment is only 4 cents. Transaction processing takes 30 seconds.

To pay, you need to scan the QR code, go to the Lightning Wallet bitcoin wallet and confirm the transaction.

 

The police of Abkhazia confiscated 396 mining farms in 2 days.

 

Mining has been banned here since 2018, but this does not scare illegal immigrants. Because of them, in a number of cities people sit for 5 hours without electricity.

The local police carried out a couple of successful raids. It turned out that illegal immigrants were mining in the Sukhumi recreation center, a former military sanatorium, a concrete plant and a parking lot.

 

The United States introduced mandatory taxation of cryptocurrencies and NFTs.

 

A declaration in 2023 must be submitted to everyone who received as a gift, earned, transferred or sold cryptocurrencies in 2022.

Income tax, depending on the category of profit, varies from 10% to 37%.

For storing crypto on a wallet for more than a year, you need to pay up to 20% tax.

 

Dubai Introduces Mandatory Crypto Licensing for Companies

 

Any project working with crypto from 2023 must have permission to do so.

The regulator has standardized all areas of interaction with crypto — from issuance to advertising

 

Oxford student jailed for 4 years for stealing $2.6 million in crypto

 

Another scammer who got burned by inattention. He used the same username on a crypto-stealing phishing site and on his college coursework.

The investigation has been ongoing since 2018, and if it were not for the above fact, the case would not have gone to court.

 

The Chinese were given $26.5 million in digital yuan for the Lunar New Year.

 

Shenzhen raffled off coupons for paying in cafes and restaurants for $14.7 million.

In Hangzhou, $12 vouchers for each resident. They were spent in 9 seconds.

In Tianjin, you could pay for E-CNY with a 50% discount for going to a restaurant, cinema, or shopping in a store.

 

Visa will launch settlements in stablecoins

 

Kew Sheffield from Visa said that the existing fiat (dollar, euro) transfer system has a number of limitations.

Therefore, the payment company will allow customers to convert digital currency to fiat and vice versa.

Sheffield did not give an exact timeline, but said that the technology had already been tested and was satisfied with the result.