Crypto | Ethereum | Bitcoin

2024-04-05 19:54:55 Brazil Eyes Crypto Taxation Changes in New Bill

Brazil is planning to change the way how cryptocurrencies are being taxed. A new bill that deals with investment taxation for individuals will propose to change how crypto is considered, allowing it to be taxed similarly as shared and capital instruments with a variable exchange rate. According to the proposal to be presented in the coming days to the National Congress, crypto investors will have to pay 15% of the income of the operations made with cryptocurrency.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-04-05 09:44:56 Binance executive remains detained as Nigerian court postpones case

Crypto exchange Binance, currently facing criminal charges in Nigeria, notably lacked legal representation at its April 4 court hearing in the African nation. Instead, the hearing was only attended by its compliance chief, Tigran Gambaryan, who the Nigerian government has detained since the end of February. However, despite expectations for the proceedings to advance, the Nigerian High Court postponed the case until April 19.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-04-04 20:39:56 JPMorgan says Ethereum could avoid 'security' label amid decreasing Lido share

The declining market share of Lido, Ethereum's largest liquid staking protocol, indicates that Ethereum would likely avoid being classified as a security in the future, according to JPMorgan analysts. "The share of Lido in staked ETH has decreased further from around one third a year ago to around a quarter at the moment," JPMorgan analysts, led by Nikolaos Panigirtzoglou, wrote in a report on Wednesday.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-04-01 17:49:58 Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg

The owner of Thai crypto exchange Bitkub Online plans to sell shares to the public next year and is in the process of hiring financial advisers, Bitkub Capital Group CEO Jirayut Srupsrisopa told Bloomberg. Thailand's biggest crypto exchange provides about 80% of the Bangkok-based parent's profit and is 9.2% owned by Asphere Innovations. The initial public offering (IPO) is expected to value the exchange at around 6 billion baht ($165 million), Jirayut said.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-03-30 18:59:59 Bitcoin wallet wakes up after 12 years of dormancy, moves 500 coins

A bitcoin wallet that has been inactive for nearly 12 years transferred its entire 500 — worth just under $35 million at current prices — to multiple new addresses. The wallet originally received 500 bitcoins on July 14, 2012 — worth less than $4000 at the time — when the bitcoin price was less than $8, as noted by Lookonchain. The identity of the individual or entity behind the bitcoin transfer remains unknown, as is the reason for the transfer.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-03-29 22:00:00 FTX estate's $7.5 billion sale of locked solana attracts strong interest

The FTX estate’s sale of 41 million locked solana worth $7.5 billion has seen heavy demand, according to nine sources close to the discussions. Galaxy Asset Management was picked by the FTX estate in September 2023 to facilitate token sales as the estate reckoned that it would provide the services in a cost-effective and discrete manner. The registered investment advisor is allocating the tokens to prospective bidders, some of whom are raising funds to make larger bids.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-03-29 16:04:55 ​Establish your crypto brokerage with B2Trader!

With a burgeoning community of over 300 million crypto traders globally, @B2Broker, alongside its B2Trader Brokerage Platform, facilitates an effortless entry for startups and established businesses into the dynamic crypto market.

Why Opt for B2Trader?

Enhance sales with our straightforward, easy-to-use integration tools.
Widen your crypto trading services and community outreach.
Take advantage of the market's growth phase with our tailored enterprise solutions.

Noteworthy Features of the Platform:

Capability to handle 3000 transactions per second.
Engage with over 3000 crypto trading pairs.
Receive instant market updates, with data refreshed every 100 milliseconds.

More to Explore:

Accessible trading interface, CRM, and all-encompassing back-office solutions.
Secure blockchain technology for wallets & an effective system for automated payouts.
Extensive mobile applications, compatibility with REST and FIX API protocols, and high-end White Label solutions.

Boost Your Brokerage Offerings:

By incorporating trading platforms like MT4, MT5, and cTrader, you can significantly enhance your brokerage services, providing your clients with superior trading experiences through a comprehensive range of functionalities.

Ensure success with B2Trader, your reliable technology partner Open / Comment

2024-03-28 19:29:58 MicroStrategy trades at 'unjustifiable premium' to bitcoin, says firm shorting company's stock

Investment firm Kerrisdale Capital has argued in a new research report that MicroStrategy's shares have become overvalued. "We are long bitcoin and short shares of MicroStrategy, a proxy for bitcoin which trades at an unjustifiable premium to the digital asset that drives its value," Kerrisdale Capital said in the report. "Shares of MicroStrategy have soared amid a recent rise in the price of bitcoin but, as is often the case with crypto, things have gotten carried away."

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-03-26 21:29:59 Bitcoin ETFs break trend recording modest inflows as GBTC continues outflow

According to data from BitMEX, the Bitcoin (BTC) ETF market experienced its first day of net inflows since March 15, collecting a modest $15.7 million, or 221.2 Bitcoin. This event paused five consecutive days of net outflows and represented the second-smallest day of inflows recorded. Despite this positive shift, the larger narrative remained overshadowed by the substantial outflows from GBTC, which amounted to $350.1 million or 4,933.7 BTC. Consequently, GBTC’s cumulative outflows have reached $14,150.6 billion, equivalent to 275,059 BTC.

Source

@Crypto_Ethereum_Bitcoin Open / Comment

2024-03-25 18:50:00 $9 billion in Bitcoin options set to expire on March 29

Deribit data indicates that nearly $9 billion worth of Bitcoin (BTC) options are due to expire on March 29, the last Friday of the month, with the total open interest amounting to 133,914 BTC. The put/call ratio is reported at 0.80, signifying more calls in circulation compared to puts, and reflects bullish market sentiment — for every 100 calls, there are 80 puts. Call open interest stands at 74,213 BTC, outstripping put open interest, which totals 59,701 BTC.

Source

@Crypto_Ethereum_Bitcoin Open / Comment