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

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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.
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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.
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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.
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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.
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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.
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