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news of the week
We will deliver the news of the week (April 1st to April 7th) together.
This week, the most widely read news was that the web3 project team (PT) of the Liberal Democratic Party’s Headquarters for the Promotion of Digital Society released its proposals regarding the tax system for crypto asset (virtual currency) transactions.
Regarding the market, the report on the 3rd, which summarizes the fact that Bitcoin (BTC) is struggling in the latest high range and that Arbitrum (ARB) has plunged to less than 20% at one point, is attracting attention.
In addition, an article reporting that the US government plans to sell bitcoin also received a lot of attention.
table of contents
- This week’s news ranking
- Market news ranking
- Virtual Currency/Blockchain Industry News
This week’s news ranking
1st place: Liberal Democratic Party web3PT publishes proposals on taxation of virtual currency transactions (4/7)
On the 6th, the Liberal Democratic Party Digital Society Promotion Headquarters web3PT released the completed “web3 white paper (draft)”. Proposals on the tax system for virtual currency transactions are posted. (the article ishere)
2nd place: US government plans to sell bitcoins worth a total of 156 billion yen in 2023 (4/1)
The US government plans to sell a total of 41,490.72 BTC (worth 156 billion yen) in four installments in 2023 for bitcoins seized in investigations related to the Dark Web “Silk Road”. I understand. It is also clear about past sales. (the article ishere)
3rd place: Financial Services Agency warns 4 overseas virtual currency exchanges such as Bybit (4/3)
On March 31, the Financial Services Agency issued a warning to four overseas virtual currency exchanges for offering virtual currency trading without registration based on administrative guidelines. Four companies, including Bybit, received warnings. (the article ishere)
Market news ranking
1st place: Development of bitcoin’s latest high price range, Arbitrum is temporarily down 20% from the previous day (4/3)
Bitcoin fell 2.67% from the previous day to $27,715. The top price is heavy around $ 30,000, which was the bottom of the bull market in 2021, and the market continues to struggle in the latest high range while selling. Among altcoins, the Arbitrum price plummeted by just under 20% at one point. (the article ishere)
2nd place: The correlation coefficient between Bitcoin and gold reaches a record high, Dogecoin soars due to the influence of Twitter (4/4)
According to a report by data analytics firm kaiko, the correlation coefficient between Bitcoin and gold has reached over 50%, the highest in years. Among altcoins, the price of Dogecoin (DOGE) soared by more than 25% compared to the previous day due to the change in Twitter’s icon. (the article ishere)
3rd place: Bitcoin struggles in the $ 28,000 range, US micro strategy purchases increase to 140,000 BTC (4/6)
Bitcoin fell 1.78% from the previous day to $28,059, with a heavy topside as the psychological milestone of $30,000 approaches. Also, on this day, the US Micro Strategy’s increase in Bitcoin purchases attracted attention. (the article ishere)
Virtual Currency/Blockchain Industry News
Liberal Democratic Party Web3PT Creates Proposal for Expanding Adoption of NFT in Sports Industry (4/6)
It was revealed on the 6th that the Liberal Democratic Party Web3PT has compiled proposals regarding the use of NFTs (non-fungible tokens) in the sports industry. Regarding the use of NFTs in the sports industry, including fantasy sports, which are gaining popularity overseas, the aim is to clarify the regulatory environment so as not to violate Japan’s gambling crimes, and to encourage companies to enter. (the article ishere)
Apple’s macOS, using “Bitcoin White Paper” as a sample (4/6)
The possibility that the Bitcoin whitepaper is hidden in all versions of Apple’s macOS “Mojave” since 2018 has surfaced. According to a blog post by technologist Andy Baio, we have confirmed the existence of a PDF of the Bitcoin whitepaper on macOS from Mojave to the current version, Ventura. (the article ishere)
US Micro Strategy buys 3.8 billion yen worth of Bitcoin (4/6)
US business intelligence firm MicroStrategy announced on the 5th that it had bought $29.3 million worth of Bitcoin. With this, the company’s bitcoin holdings increased to 140,000 BTC. (the article ishere)
A plan to send a “bitcoin treasure chest” worth 200 million yen a month to equip a lunar rover with a secret key (4/3)
Cryptocurrency data analysis company LunarCrush announced on March 23 that it plans to send a “treasure chest” containing 62 BTC (equivalent to 230 million yen) to the moon on a SpaceX rocket. SpaceX is a space development venture run by Elon Musk. (the article ishere)
P2P cryptocurrency exchange Paxful announces end of service (4/5)
Ray Youssef, CEO of peer-to-peer (P2P) cryptocurrency exchange Paxful, announced today that the company will be shutting down its trading services. He also explained why the service was terminated. (the article ishere)
Canadian authorities investigate “ChatGPT” developer OpenAI (4/7)
Canada’s Personal Information Protection Commission (CPC) announced on the 4th that it has launched an investigation into OpenAI, which developed the AI language model “ChatGPT”. The investigation follows complaints that “ChatGPT collects, uses and discloses personal information without consent,” said CPC Chairman Philippe Dufresne. (the article ishere)
Solana announces new data storage technology “State Compression” NFT issuance cost up to 24,000 times cheaper (4/7)
On the 6th, the Solana (SOL) project announced a new technology “State Compression” used for data storage. As one of the use cases, it introduces the large-scale issuance of NFTs. (the article ishere)
The post Weekly virtual currency news | LDP web3PT’s tax system proposals attract attention, US government plans to sell bitcoin, etc. appeared first on Our Bitcoin News.
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