Would web sales tax bring bitcoin 'bump'?
If the Cyprus bank "haircuts" are inspiring savers to take a new interest in bitcoin, the Marketplace Fairness Act could do the same for online retailers. The proposal, currently working its way through the US Senate, would require web-based businesses to collect sales taxes from online customers based on the jurisdictions in which they live. The requirement would apply to all retailers with sales exceeding $1 million. Supporters of the bill argue it would level the playing field for small brick-and-mortar businesses that already have to collect sales taxes on customer purchases. They add....
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No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board. The most bullish expert believes BTC could be forming a Bump and Run Reversal (BRR). In 2018 […]
After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10. Metrics from the most used marketplaces show that volume has slid considerably following the same fallout cryptocurrency market have felt during the last four days.
NFT Sales and Trade Volumes Plummet
So far, September has not been the best month for NFTs and sales in this space. Last month, non-fungible token (NFT)....
TigerDirect's decision to begin accepting bitcoin payments has sparked "video card madness" at the online electronics dealer, brand manager Steven Leeds told CoinDesk. "Every single video card has seen a more than 50 percent spike [in sales]," Leeds said. Rounding out the top four items in terms of sales increases since the company's 23rd January announcement were power units, tablets and Xbox units. Further, Leeds revealed that TigerDirect's website has seen a 30% bump in traffic on the news. The top selling item in the first day was the Sapphire Radeon R9 280X VAPOR-X, of which 30 units....
Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The NFT collection that recorded the most sales volume over the last seven days was Clonex as the NFT collection’s sales saw a 94.05% rise.
7-Day NFT Sales Slide by 13.75%
After the week of March 20-26, 2022, Google Trends data shows the search term “NFT” slid from a score of 39....
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers and Keepers Collections Give NFT Sales a Push NFT sales have risen during the last seven days as sales volume increased by more than 56% tapping $170.48 million this week. Sales stemmed from 18 different blockchain projects and Ethereum (ETH) captured $139.31 million of the aggregate. ETH-based NFT....