Bitcoin is up .5% at $50,104
Ethereum is up .5% at $2306.40
and Binance Coin is up 2% at 520.70

BitTorrent up 15%

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President Biden announced tax plan adjustments yesterday that pushed bitcoin and the broader market into a slide

Turkish exchange Thodex is being accused of fraud

The Graph launches micro transaction system Scaler

Huobi asset management has launched four crypto funds

Links:

• Bitcoin sinks below $50,000 as cryptos stumble over Biden tax plans | Reuters
• Thodex Bitcoin ($BTC) Cryptocurrency Investors Fear Losses as CEO Goes Missing - Bloomberg
• The Graph Launches Microtransaction System for Blockchain Data Providers - CoinDesk
• Huobi Asset Management Raises $50M for Crypto 'Tracker' Funds - CoinDesk