Author: admin
Netherlands begins public hearing on virtual currency tax rules to increase transparency and fight tax evasion
The Dutch Ministry of Finance has announced the start of a public consultation on a bill aimed at tightening tax regulations for cryptocurrencies and increasing transparency in digital asset ownership. The consultation period will be open until November 21, 2024, providing ample opportunity for cryptocurrency service providers, the public, and other stakeholders to provide feedback and contribute to the development of the final bill. At the center is the the proposed bill; Scheduled to come into effect on January 1, 2026, encryption service providers operating in the Netherlands will be required to collect, verify, and submit user data to the…
Solana's Sol/USD On October 24th, the network's real economic value reached an all-time high, with transaction fees and maximum extractable value (MEV) chips totaling $11,089,500. what happened: This milestone was completed by Solana. Ethereum ETH/USDhas surpassed it in transaction fees and MEV chips since October. This is a notable change that highlights the network's growth in both user engagement and transaction volume, according to the company. Block Works Research. Much of this increase was due to the popularity of meme coins on Solana, which drove significant trading activity on the platform. Data from Whale Hunter revealed that the Solana Telegram…
Ethereum founder Vitalik Buterin criticizes Michael Saylor's views on corporate ownership of Bitcoin as “insane”
Ethereum (ETH) founder Vitalik Buterin has a disagreement with MicroStrategy's executive chairman Michael Saylor regarding the custody of Bitcoin (BTC). In an interview, Saylor said that unlike Bitcoin held by unregulated entities, lawmakers and law enforcement authorities pursue virtual currencies held by regulated public entities such as financial giants BlackRock and JP Morgan. He said it was unlikely. “When you have a bunch of unregulated crypto anarchists who don’t recognize government, don’t recognize taxes, and don’t recognize reporting requirements, and you have Bitcoin, I think that increases the risk of seizure.” Buterin responded to Saylor's comments by saying that he…
Analyst says Bitcoin's stay below all-time highs won't last long, predicts when Bitcoin will reach cycle peak
Analysts who nailed Bitcoin’s pre-halving correction this year believe that BTC is gearing up for a major breakout. Pseudonymous analyst Recto Capital told his 507,400 followers on social media platform Ta. “Bitcoin is still in the ‘reaccumulation near all-time highs’ phase (green circle), but it won’t last for too long.” Source: Rekt Capital/X Analysts then believe that Bitcoin will reach its cycle peak in about a year, based on how long it previously took for BTC to reach its cycle peak after a halving event that cuts miners' rewards in half. suggests that it is possible to reach. Bitcoin's most…
In August, the cryptocurrency news website Web3 Is Going Just Great published an article about the arrest of Roman Ziemian, founder of the cryptocurrency trading platform FutureNet, who was suspected of defrauding victims of a total of $21 million. . For news site administrator Molly White, a software engineer and one of the world's fiercest critics of the cryptocurrency industry, it was a routine post. Over the years, Mr. White has documented scams, hacks, and scams committed by influencers, cryptocurrency project founders, and Web3 companies on his website. And last week, things got a little less routine. On October 18,…
According to a report by Binance Research, retail investors are leading the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of total demand.According to the report, Bitcoin ETFs have seen accelerating adoption since their debut, with cumulative holdings now reaching over 938,700 BTC and approximately $63.3 billion in assets under management (AUM), according to a recent report from Binance. According to the book, it is equivalent to 5.2% of the total Bitcoin supply. the study.The report finds that net inflows into these ETFs have consistently exceeded initial expectations and that strong investor demand is leading to market reshaping…
Experts predict this undervalued altcoin will rise 1000% as Bitcoin and Ethereum break resistance
of most popular cryptocurrencies teeth Bitcoincontrols 56% of the market. Although it is a difficult act to follow, Ethereum Attacking it pretty hard and going after it bitcoin price Achieve higher and higher yields. But as experienced investors know, there's a lot to be gained in unknown and undervalued cryptocurrencies, and many underdogs have made more people money. bitcoin price There has been escalation. roll block is one of them, most popular cryptocurrencies Currently on pre-sale in the market. Let's explore. Rollblock (RBLK): Presale of the most popular cryptocurrency Cryptocurrency pre-sales are where smart money is spent to get tomorrow's…
Lido, a well-known liquid staking protocol, aims to revolutionize Ethereum’s proof-of-stake logic through a major update to the cryptocurrency. The project has just released a community staking module. This allows anyone to become a network validator by simply making a commitment. 2.4 Ethereum. Until today, running a validator node on Ethereum required 32 ETH.This solution could allow for easier access to consensus and further decentralization within the network. Let's find out more below. Lido Enables Community Staking Module in Ethereum Crypto Ecosystem: 2.4 ETH Validators Lido, the famous $25.2 billion LSD protocol, just voted to release and enable a much-talked-about…
Crypto analyst says Bitcoin could explode 164% this cycle, but Solana thinks it could do even better – here's why
A closely watched cryptocurrency strategist is suggesting that Bitcoin could soar by triple digits this cycle, and that one altcoin could even outperform BTC. Pseudonymous analyst Immortal told his 217,800 followers on social media platform X that Bitcoin’s cycle high could end up being 164% higher than its current value. “This cycle top is going to be $127,000 to $180,000 if you're lucky. But you're not ready to have this conversation.” He also believes that if former President Donald Trump, who has expressed support for cryptocurrencies, wins the US presidential election in November, Bitcoin could rise even further. “If the…
What is the current price of Ethereum? Ethereum (1 ETH) is trading at $2,544.29 as of 8 a.m. ET. The highest intraday price reached by the cryptocurrency in the past year was $4,088.00 on March 12, 2024. ethereum price chart *Return comparisons are as of 8 a.m. ET. Ethereum is not the first altcoin, but it is one of the most well-known. This cryptocurrency has seen rapid growth in blockchain and value since its launch in 2015. ethereum price This chart captures data as of 8 a.m. ET each day and does not display intraday highs or lows. Ethereum’s 52-week…