US Treasury proposes crypto transactions over $10K be reported to IRS, & Other News

Exchange inflows, on-chain data show retail traders fueled Bitcoin's sell-off

View this email in your browser The best of crypto news, prepared fresh and hot every day: Exchange inflows, on-chain data show retail traders fueled Bitcoin's sell-off Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip. Read more US Treasury proposes crypto transactions over $10K be reported to IRS Saying crypto posed "a significant detection problem by facilitating illegal activity," the government body specifically mentioned that crypto businesses were in its crosshairs. Read more NFT market projected to double by October as trading volume surges Using a linear regression method, analysts at Invezz have determined that NFT trade volumes could rise to $125.9 million in July and $175.2 million in October. Read more SPONSORED: As healthcare goes digital, blockchain platform vows to fix industry's flaws Digitization in healthcare is increasing, and this blockchain-based project offers a suite of tools that tackle the widespread inefficiencies that exist in current systems. Read more SPONSORED: Cross-chain protocol brings together liquidity sources from multiple networks A cross-chain aggregation protocol enables multi-chain assets to be freely exchanged, and different blockchains to be accessed with ease. Read more 1.5 million people follow us on social media Download our official app:

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