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TOKYO: Cryptocurrency Ether pulled back sharply from a record high and rival Bitcoin also fell on Friday amid speculation that US President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets. The drops came after Biden on Thursday unveiled a raft of proposed changes to the US tax code, including a plan to nearly double taxes on capital gains to 39.6% for people earning more than $1 million. But while social media lit up with posts about the plan hurting cryptocurrencies, and individual investors complaining about losses, traders and analysts said declines a...

Cryptocurrency Ether pulled back sharply from a record high and rival Bitcoin also fell on Friday amid speculation that United States President Joe Biden’s plan to raise capital gains taxes will curb investment in digital assets. The drops came after Biden on Thursday unveiled several proposed changes to the US tax code, including a plan to nearly double taxes on capital gains to 39.6 percent for people earning more than $1 million a year. But while social media lit up with posts about the plan hurting cryptocurrencies, and individual investors complaining about losses, traders and analysts...

Skip to main content Currently Reading NFT Craze Enters Film World: 'Claude Lanzmann' Documentary is First Oscar Nominee to Be Released as Digital Token (EXCLUSIVE) Manori Ravindran, provided by FacebookTwitterEmail Oscar-nominated documentary “Claude Lanzmann: Spectres of the Shoah” is the first Academy Award nominee to be released as an NFT (non-fungible token). The film, which examines the life and work of the “Shoah” director, was a contender in the 2016 documentary short Oscar race and aired on HBO; however, it’s never been made available for public purchase, either physically...