US tax authority is arranging a crypto summit – wants to listen to the industry
The US tax authority, the IRS, will arrange a summit with several big crypto companies in early March.
The total market cap for all cryptocurrencies has increased by $4 billion over the last 24 hours. Eight people have been arrested for running a pyramid scheme that raised $68 million from investors.
The crypto markets have increased in value over the last 24 hours. At present, about 80 of the 100 biggest cryptocurrencies show green numbers.
The market cap for all cryptocurrencies has risen by $4 billion in the last 24 hours – from $181 billion yesterday to $185 billion today.
Eight people in Tokyo, Japan, have been arrested by the police for managing a pyramid scheme with cryptocurrencies. In total, the people that got arrested managed to raise $68 million from Japanese investors. The ones who ran the pyramid scheme allegedly also promised investors returns between three and 20 percent each month, Cointelegraph writes.
If we look at the biggest cryptocurrencies, most of them show green numbers. Xrp (+8,12%), stellar (+5,49%), bitcoin (+0,98%) and ethereum (+0,68%) have increased in value, while bitcoin cash (-1,51%) has lost in value over the last 24 hours.
The cryptocurrencies on top 100 that performed the best during the last 24 hours were digitex futures (+43,16%) and boscoin (+14,96%), and the ones who performed the worst were metaverse etp (-17,51%) and insight chain (-8,01%).
*All numbers in this article are from Coinmarketcap.com.
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