| | | | |

South Korea’s ruling party considers three-year grace period for crypto taxes

Byadmin

A local news publication in South Korea recently reported that the current government is considering delaying the implementation of the cryptocurrency tax for another three years. So, instead of January 2025, the Korean government will stop taxing cryptographic capital gains until January 2028. Cryptocurrency Tax Relief Will Likely Be Provided to South Korean Investors Cryptocurrency…

| | | |

Crypto Expert Says Bitcoin Price Will Recover Again Once These Things Happen

Byadmin

Crypto analyst Willy Woo recently explained what needs to happen for Bitcoin to continue its bull run. The leading cryptocurrency has been in decline for some time and has not made any significant advances since reaching its current all-time high (ATH) of $73,750 in March earlier this year. What needs to happen for Bitcoin to…

| |

El Salvador’s ‘Bitcoin Office’ reports that a volcano-based geothermal system has mined 474 BTC in three years

Byadmin

El Salvador’s National Bitcoin Office reports that its volcano-based geothermal system has mined nearly 474 BTC over the past three years. According to a new report from Reuters, the Central American nation, which became the first country in the world to make Bitcoin legal tender in 2021, has since extracted around $30 million from the…

| |

How to avoid taxes on crypto？

Byadmin

Avoiding taxes on crypto is not advisable, as it can lead to legal consequences and financial penalties. However, you can minimize your tax liability through legal means. Here are some strategies to consider: Remember that attempting to evade taxes by hiding cryptocurrency transactions is illegal and can result in severe penalties. It’s essential to comply…

| |

Top 19 Cryptos To Pump 15X in Few Months

Byadmin

As the cryptocurrency market continues its dynamic evolution, investors and enthusiasts alike seek insights into the assets poised for significant growth. Amidst the ebbs and flows of market sentiment, identifying promising projects becomes paramount for informed decision-making. In this comprehensive overview by Altcoin Daily, they delve into the top 19 cryptocurrencies primed for a potential…

| |

Top Cryptocurrency Exchange Binance Converts $1,000,000,000 Secured Asset Fund from Bitcoin and BNB to USDC Stablecoin

Byadmin

The leading global crypto exchange established the “Secure User Asset Fund” (SAFU) in 2018 to protect Binance users from “extreme situations.” The fund typically tries to maintain a balance of $1 billion, although fluctuating cryptocurrency prices have affected the value of its holdings over the years. At the end of 2022, the fund held $700…

| |

Toncoin and WIF beat Dogecoin and Shiba Inu to win the title of best performing altcoins

Byadmin

Toncoin (TON) and Dogwifhat (WIF) are in the spotlight as they emerge as the best performing altcoins since the start of the year, ahead of other altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB). Toncoin and WIF are leaders Data from CoinMarketCap shows that Toncoin and WIF are the best-performing altcoins among the top 50…

| | |

Bitcoin Spot ETF outperforms 3,400 rivals with $2.3 billion weekly inflow

Byadmin

Last week’s influx by all ten spot Bitcoin ETF issuers, including Grayscale, put the new offerings ahead of the 3,400 ETFs that existed before the U.S. Securities and Exchange Commission (SEC) gave its approval to the new group of Bitcoin backers. BTC in the region. . Spot Bitcoin ETF attacks its traditional rivals An illustration…

|

Crypto exchanges see Bitcoin deposit boom amid Ethereum withdrawal

Byadmin

According to recent data, the amount of Bitcoin held on centralized cryptocurrency exchanges increased by 32,058 Bitcoin over the past month. At the same time, Ethereum reserves on these exchanges have decreased as 262,904 Ether worth $597.42 million have been withdrawn from trading platforms since December 4, 2023. Bitcoin Rises as Ethereum Falls in Latest…