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⚠️ The Greek government will introduce taxes on cryptocurrencies in 2025, with profits from cryptocurrency trading likely to be taxed at 15%.
Local officials state that the country's budget is losing a lot of money, and crypto investors are "mostly unemployed individuals or taxpayers with no income but significant assets in real estate."
#TaxFreeCrypto #greekGovernmentTax #crypto
Local officials state that the country's budget is losing a lot of money, and crypto investors are "mostly unemployed individuals or taxpayers with no income but significant assets in real estate."
#TaxFreeCrypto #greekGovernmentTax #crypto
‼️ Hackers who breached the WazirX exchange have already sold altcoins worth a total of $62.3 million for 18,111 ETH
The wallet still holds various coins worth $106 million, excluding Ether. Most of them are SHIB tokens (worth $80 million).
🚫 The hackers now have 33,409 ETH ($115 million), of which 15,000 coins were stolen directly from the exchange wallets, and another 18,000 were obtained from selling coins.
#wazirX #WazirXHacked
The wallet still holds various coins worth $106 million, excluding Ether. Most of them are SHIB tokens (worth $80 million).
🚫 The hackers now have 33,409 ETH ($115 million), of which 15,000 coins were stolen directly from the exchange wallets, and another 18,000 were obtained from selling coins.
#wazirX #WazirXHacked
🚫 OKX has exited Nigeria due to regulatory issues
Access to the platform for Nigerian users will be available until August 16, after which only withdrawal options will remain.$BTC
Access to the platform for Nigerian users will be available until August 16, after which only withdrawal options will remain.$BTC
💸 U.S. spot Bitcoin ETFs attracted over $422 million during yesterday's trading session — the positive trend has continued for eight consecutive days.
Meanwhile, Glassnode reported a complete exhaustion of BTC sellers. $BTC
Meanwhile, Glassnode reported a complete exhaustion of BTC sellers. $BTC
🔒 Ahead of a potential launch of an ETH ETF, let's remember that 40% of Ethereum's supply is currently in a locked state:
~28% is staked
~12% is locked in smart contracts and bridges
The entry of ETF operators into the market could significantly boost prices.
$ETH
~28% is staked
~12% is locked in smart contracts and bridges
The entry of ETF operators into the market could significantly boost prices.
$ETH
‼️The crypto market in extreme fear
For the first time since January 2023, the fear and greed index has dropped to 25 points — indicating extreme fear zone.
$BTC
For the first time since January 2023, the fear and greed index has dropped to 25 points — indicating extreme fear zone.
$BTC
⚠️ Bitwise Accused of Defrauding Investors
A lawsuit for $2 million has been filed against the investment company Bitwise Asset Management. The firm is accused of fraud with the Bitwise 10 Crypto Index Fund, deceiving investors, and reckless management of client assets.
📊 According to the plaintiffs, top executives at Bitwise are involved in creating a so-called Pump and Dump scheme.
"Bitwise Asset Management CEO Hunter Horsley, along with executives Teddy Fusaro and Matt Hougan, conspired and deceived the plaintiff's family. They committed securities fraud, for which the filed lawsuit seeks damages exceeding $2 million," the statement reads. $BTC
A lawsuit for $2 million has been filed against the investment company Bitwise Asset Management. The firm is accused of fraud with the Bitwise 10 Crypto Index Fund, deceiving investors, and reckless management of client assets.
📊 According to the plaintiffs, top executives at Bitwise are involved in creating a so-called Pump and Dump scheme.
"Bitwise Asset Management CEO Hunter Horsley, along with executives Teddy Fusaro and Matt Hougan, conspired and deceived the plaintiff's family. They committed securities fraud, for which the filed lawsuit seeks damages exceeding $2 million," the statement reads. $BTC
🔼Bitcoin is capable of reaching a new all-time high in August and hitting $100,000 by the U.S. presidential election in November, according to Standard Chartered
✔️ Bank analysts suggest that the prices will respond to the prospects of Joe Biden's participation in the presidential race. August 4th is the registration deadline for candidates. $BTC
✔️ Bank analysts suggest that the prices will respond to the prospects of Joe Biden's participation in the presidential race. August 4th is the registration deadline for candidates. $BTC
📊 Long-term Bitcoin investors are accumulating cryptocurrency at a rapid pace
Bitcoin whales are increasing their holdings at a monthly rate of 6.3%, according to CryptyQuant analysts.
$BTC
Bitcoin whales are increasing their holdings at a monthly rate of 6.3%, according to CryptyQuant analysts.
$BTC
🔹Bitcoin was able to maintain its position above $57,000 and now it is back above $59,000.
🔹Most of the money in the market is currently flowing into Bitcoin.
🔹While Bitcoin might decline slowly, but when it pumps, it can reach $60,000 to $65,000 with just one or two candles.
Is toofan ko kitni der hi rok lenge urdne se😎
#BTC☀ $BTC
🔹Most of the money in the market is currently flowing into Bitcoin.
🔹While Bitcoin might decline slowly, but when it pumps, it can reach $60,000 to $65,000 with just one or two candles.
Is toofan ko kitni der hi rok lenge urdne se😎
#BTC☀ $BTC
❓ Remember the new validator client for the Solana network called Firedancer, whose launch will significantly increase the blockchain’s throughput?
Its release is getting closer.
As project representatives have clarified, developers will soon be able to earn money by finding bugs in this client version 0.1, also known as Frankendancer.
✔️ The corresponding program will run from July 10 to August 21, with the maximum earnings reaching up to $1 million.
The initiative is sponsored by Jump Crypto.
Its release is getting closer.
As project representatives have clarified, developers will soon be able to earn money by finding bugs in this client version 0.1, also known as Frankendancer.
✔️ The corresponding program will run from July 10 to August 21, with the maximum earnings reaching up to $1 million.
The initiative is sponsored by Jump Crypto.
🔽The price of BTC is now approaching the average cost of mining for all miners after the halving.
This is one of the important signals of a market bottom.
This is one of the important signals of a market bottom.
🔹Bitcoin's price is respecting the support level and has bounced back again.
🔹It is trading above $57,000, and it is important to maintain positions above this level; otherwise, we might see a drop again.
🔹The German government is selling Bitcoin, which is causing the market to perform negatively, but the situation should improve soon. #BTC_Bounce_Back_to_57k
🔹It is trading above $57,000, and it is important to maintain positions above this level; otherwise, we might see a drop again.
🔹The German government is selling Bitcoin, which is causing the market to perform negatively, but the situation should improve soon. #BTC_Bounce_Back_to_57k
🔴Hackers Pink Drainer Fall Victim to Crypto Scam
The hacking group Pink Drainer suffered from a crypto scam — as a result of an "Address Poisoning Attack" (APA).
💵 The hackers mistakenly transferred 10 ETH (approximately $30,200) to someone else's wallet, thinking it was their own.
#ETH🔥🔥🔥🔥 #etherreum #ETHETFsApproved
The hacking group Pink Drainer suffered from a crypto scam — as a result of an "Address Poisoning Attack" (APA).
💵 The hackers mistakenly transferred 10 ETH (approximately $30,200) to someone else's wallet, thinking it was their own.
#ETH🔥🔥🔥🔥 #etherreum #ETHETFsApproved
🐹 Hamster Kombat (HMSTR) was listed on the Bybit premarket, trading around $0.06–0.09#Hamsterkombat
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
#bitcoin #Binance
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