sophiaadaalex

@sophiaadaalex

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The sectors said this information should be a priority to protect from theft or surveillance by foreign adversaries who might seek to harm the US.

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Despite the withdrawal, Copper continues to see Europe as one of its key markets alongside the US and the Middle East, Kuchinad noted, adding:

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“Withdrawing our application to register as a crypto asset institution in the UK is the right decision for our business and reflects our refocus on driving growth in priority markets and the expansion of our product portfolio,” he stated.

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According to Balchunas, the next step for MSTR is inclusion in the S&P 500 Index, which he expects to occur next year.

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“The ‘exit tax’ at issue violates both the Apportionment Clause and the Due Process Clause of the Constitution [...] the charges also rely on provisions of the U.S. tax laws that were, at all relevant times, inscrutably vague as to their application to digital assets of the kind that underlie the charges,” Ver’s lawyers argued.

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In a Dec. 3 filing to a California federal court, Ver argued that the Internal Revenue Service’s (IRS) exit tax for those who renounce their US citizenship with more than $2 million in assets is unconstitutional and “inscrutably vague.”

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Roger Ver — also known as Bitcoin Jesus — urged a United States judge to dismiss a case alleging he committed tax evasion when selling millions of dollars in Bitcoin, claiming the case is unconstitutional.

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“While reaching $100,000 for Bitcoin seems inevitable at some point, it’s uncertain whether it will happen before the end of the year, as we can expect the market to experience some ups and downs along the way.”

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Still, Szymon Sypniewicz, co-founder and CEO of Ramp Network, is uncertain that it will cross the $100,000 mark before the end of 2024. Sypniewicz recently told Cointelegraph:

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Bitcoin was just $200 away from reaching the $100,000 all-time high on Nov. 22 when it surpassed $99,800.

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“As long as this continues, BTC should be able to reclaim the ~$96400 support,” they said.

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Pseudonymous crypto trader Rekt Capital said in a Dec. 3 X post: “Bitcoin continues to retest the series of Lower Highs as support.”

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Traders expect Bitcoin to hold its current price but remain skeptical about it reaching $100,000 by the end of 2024.

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The Bitcoin long-term holder realized price — the average price long-term investors paid for their Bitcoin — was $24,994 at the time of publication.

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Flashbots said that by distributing the “monolithic process of block building across a large network, we can prevent systemic chokepoints that invite censorship and rent extraction from users.”

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But assigning “specialized” tasks to specific actors has led to centralization problems, Ethereum’s co-creator Vitalik Buterin said late last month.

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Ethereum follows the proposer-builder separation method for block construction, where builders create blocks for proposers to review; they often choose the most profitable one.

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Flashbots’ product manager Shea Ketsdever wrote on X that the first release of BuilderNet is now live on Ethereum’s mainnet and will be available as a drop-in solution for decentralized sequencing on layer 2s “later on.”

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This is “absolutely massive” as it will “kill censorship” and exclusive order flow deals on Ethereum, Coinbase’s protocol specialist Viktor Bunin said on X.

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BuilderNet, launched on Nov. 26, said it aims to allow “many parties to collaborate in building blocks.” This comes at a time when about 88% of all Ethereum blocks have been built by Beaverbuild and Titan Builder in recent weeks.

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