• The Beijing government published an energy saving implementation plan for 2024, in which it demanded a complete ban on cryptocurrency mining in the city, in
accordance with Chinese laws (cryptocurrency mining and trading in mainland China is prohibited from 2021)
Meanwhile, while the local stock market is falling for the third year, the Chinese are using gray schemes to buy BTC and other cryptocurrencies
Thanks to Hong Kong's pro-crypto policies, Chinese citizens have begun using their annual USD 50,000 quota (the maximum foreign currency purchase amount) to purchase crypto in Hong Kong, despite the fact that it can or' be used for overseas travel or education
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Bitcoin faces ‘sell the news event’ before 2024 BTC price all-time high

Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
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Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR

The app will be released in the second quarter, and the VR token price has surged 60% in the last 24 hours.

The crypto-meets-virtual reality (VR) developer Victoria VR says it's working to release the first metaverse app from a blockchain-related company on the Apple headset "Vision Pro."
The project's metaverse consists of "ultra-realistic graphics and immersive gameplay," which will be able to supplement Vision Pro's technologies, the company said in a statement on Friday.

The app is expected to be available in the second quarter of this year.

"It forms an elaborate digital environment that shows off the many capabilities of the Apple Vision Pro while simultaneously showcasing the power of Web3 technology," according to the release.
Apple's much-hyped first futuristic headset hit the shelf on Feb. 2 and would be its first foray into the virtual reality ecosystem. Despite fizzling interest in the metaverse, this isn't the first time a tech giant has delved into the VR sector. Vision Pro would be a competitor to tech giant Meta's (formerly Facebook) existing "Meta Quest" headset.
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The identity of the creator of Bitcoin, known by the pseudonym Satoshi Nakamoto, remains unknown. Satoshi Nakamoto introduced Bitcoin in a 2008 whitepaper and was actively involved in the early development of the cryptocurrency. However, Nakamoto's true identity has never been revealed, and they have since stepped back from public view. The mystery surrounding Satoshi Nakamoto has led to various speculations, but the person's identity remains one of the most significant mysteries in the cryptocurrency world.

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Germany’s DZ Bank to run crypto trading trial in 2024#
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India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
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Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
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India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry.
The nation's finance minister Nirmala Sitharaman revealed the budget in parliament on Thursday as usual. Expectations were low for a change in the stiff taxes on crypto transactions, which include a 30% tax on profits and a 1% TDS on all transactions. However, there was a glimmer of hope because of efforts from the domestic crypto industry and a study from a think tank pushed hard for a reduction in the TDS.

India's crypto industry has urged the government to reduce the 1% TDS to 0.01% ever since it was first announced two years ago. Indian crypto exchanges have been in survival mode, trying to extend their runways in response to the 1% TDS.
Dilip Chenoy, the chairman of the Bharat Web3 Association, the policy body advocating for India's Web3 sector, said given this is an interim budget we didn't expect any big movement but "we are eagerly anticipating changes to be announced post-elections."

"High TDS and income tax rates continue to be hurdles which have caused both creators and consumers to move out of India," Chenoy said. "This migration has significantly affected the prospects of Web3 in India. We have and will continue highlight such concerns to key stakeholders.”
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Bitcoin price prediction 2025

The Bitcoin price prediction for 2025 is currently between $ 29,268 on the lower end and $ 149,245 on the high end. Compared to today's price, Bitcoin could gain 247.57% by 2025 if BTC reaches the upper price target.
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