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šŸ’„šŸ’„ Kenya Revenue Authority Enhances System to Monitor Cryptocurrency Transactions šŸšØšŸšØ 1. KRA's New Tax Monitoring System: Kenya Revenue Authority (KRA) is launching a real-time system to monitor cryptocurrency transactions, capturing date, time, type, and value of each transaction. The system is designed to trace every transaction, making tax evasion more difficult. 2. System Launch Timeline: The new system is expected to go live by the end of the year and will work closely with cryptocurrency exchanges to record detailed transaction data. 3. Significant Market Size: Kenya has nearly 4 million cryptocurrency users, with a transaction volume of $18.6 billion in 2023. This growing market demands close attention. 4. Existing and Updated Tax Laws: Previously, KRAā€™s tax laws mainly applied to companies without a physical presence in Kenya. Updated tax laws, introduced last September, now require cryptocurrency investors to pay taxes on income from their transactions. 5. Cryptocurrency Exchangesā€™ Tax Obligation: Under current regulations, cryptocurrency exchanges must pay 3% of each transaction amount to the government. 6. Advanced Technology for Tax Compliance: KRA plans to employ artificial intelligence (AI) and machine learning to analyze transaction data, improving the efficiency and accuracy of tax compliance. Additionally, from December 25, 2024, M-PESA payroll and cash register numbers will be used as electronic tax registers to combat tax evasion. 7. International Case Example: A cryptocurrency exchange in Nigeria is under trial for not registering for taxes, with Binance as the sole defendant in the case, indicating that African countries are increasingly serious about cryptocurrency taxation. 8. Implications for Kenyan Crypto Traders: Kenyan cryptocurrency investors will need to consider tax liabilities more carefully moving forward as the government intensifies efforts to integrate crypto transactions into the formal tax system. #TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #BNBRisesTo600
šŸš€ SUI Price Holds at $2 ā€” Aiming for $3 Resistance! šŸš€
BULLISH šŸŸ© #APU #APUUSDT 1D SMALL REJECTION ! CLICK $APE
SEC v. Ripple: Has Regulator Missed Key Deadline?
BULLISH šŸŸ© #WELL #WELLUSDT 1D SIDEWAYS AS EXPECTED ! CLICK $WLD
BEARISH šŸŸ„ #WEN #WENUSDT 1D WAIT .. CLICK $W
BEARISH šŸŸ„ #COQ #COQUSDT 1D BEARS ARE ABOUT TO WIN ? CLICK $COTI
BULLISH šŸŸ© #DRIFT #DRIFTUSDT 1D BULLS NEED TO HOLD IT ! CLICK $DYDX
BEARISH šŸŸ„ #NEON #NEONUSDT 1W LONG FALLING WEDGE CLICK $NEO
BEARISH šŸŸ„ #VRA #VRAUSDT 1D BOTTOM IS NEAR CLICK $VANRY
$TON price started to pump after all th tap 2 earn trend started, on chain activity of Ton blockchain increased significantly, which is good for ton ecosystem Now the ton economy is pretty much based on tap 2 earn bots, but as most of bots are just scam projects and users don't really get much profit for months of farming so many people say it will be bad for Toncoin because users will leave it. What I think is a little different, although I believe telegram bots are a waste of time except a few. But this trend will not stop because the user base of telegram is huge. So there will still be millions of people farming on tg bots. Moreover, they are easy and because of large user base some so called influencers will always be promoting these bots for referrals. SO I AM BULLISH ON TON, and as $NOT and $DOGS is closey related to TON; I am bullish on them as well
šŸš€šŸš€ BREAKING šŸš€šŸš€ $BTC ETFs are setting records, reaching a massive 950,000 BTC in assets under management (AUM)! This milestone shows the growing confidence in Bitcoin ETFs as a key financial instrument, attracting both institutional and retail investors. As more capital flows into these funds, could this be the catalyst for Bitcoin's next price surge? Source: Cryptopolitan
Cheers to eight years! Now with Neo X, the best is yet to come. https://x.com/Neo_Blockchain/status/1846887696847065292/video/1
BEARISH šŸŸ„ #VANRY #VANRYUSDT 1D BEARS ARE LAUGHING !
Why Trump's crypto project didn't see the expected attention: There are 3 reasons The World Liberty Financial project, which Donald Trump, one of the US presidential candidates, "will be effective in America's crypto center", did not receive the expected attention in the first days. While only 4% of the tokens put up for sale are still bought, experts are citing 3 reasons. World Liberty Financial, the decentralized finance project announced by Donald Trump in the summer, has not yet received the expected attention. In the project, where only 4% of the supply was sold as of the first 3 days, only 850 thousand units of 20 billion (pre-sale supply) tokens were sold. SEC restrictions, site collapse, Trump mass... Experts, on the other hand, attribute the lack of interest in the project to 3 reasons. The first of these is shown as the restrictions of the SEC. As it is known, the US Securities and Exchange Commission (SEC) limited its participation in this project in the first place only to accredited investors. This investor group should have a fortune of at least $1 million, as well as having an annual salary income of at least 200 thousand dollars ($300 thousand in married couples). The fact that these salaries and incomes are also earned for more than 2 years is one of the conditions... According to analysts, this harsh restriction may have kept the investment in the project low. According to Nansen analyst Edward Wilson; It was a surprise to him that he had so little interest. "So the Trump audience is not so dependent on crypto, even though a crypto-friendly policy is being pursued," Wilson said. Therefore, along with the SEC restrictions, the Trump mass's lack of interest in crypto is seen as a reason. Another issue was that the World Liberty Financial website collapsed for a while on the day the pre-sale began. The inability of users who cannot access the site to make purchases may have reduced their token sales.
The 1st @eigenlayer Restaking reward distribution is complete! Renzo auto-compounds all restaking rewards: - ezETH generated 769.01 ETH (593,727.31 EIGEN) for August 15th to October 8th - ezEIGEN generated 1,731.05 EIGEN for October 1st to October 8th Never worry about claiming rewards; they are always reflected in the APR Restake ETH and stETH:
**Ethereum Faces Bearish Trends Amidst Stiff Competition and Weak Fundamentals** Ethereum (ETH), the second-largest cryptocurrency, is trailing behind Bitcoin (BTC) this year. While BTC has surged over 50%, ETH has only rallied by less than 20% in 2024. šŸ“‰ **Technical Analysis:** - ETH formed a double-top pattern around $4,000 and dropped below $2,824, confirming a bearish breakout. - A death cross pattern emerged, with the 200-day and 50-day Hull Moving Averages crossing bearishly. - A bearish pennant pattern and consolidation at the 50% Fibonacci Retracement level signal potential further declines, targeting $2,111. **Fundamental Challenges:** - Ether ETFs have seen outflows of over $530 million, contrasting with Bitcoin ETFs' $20 billion inflows. - Solana (SOL) is outperforming Ethereum in DeFi and NFT spaces, with higher DEX volumes and popular meme coins. - High-profile Ethereum whales, including Vitalik Buterin, have sold significant amounts of ETH recently. **Join the Discussion:** What are your thoughts on Ethereum's future? Share your insights in the comments! šŸ’¬ You might also like: Bitcoin forms a golden cross, analysts predict parabolic moves ahead.
Holdstation wallet now live on Berachain testnet. Hopefully, they bring paymaster to Berachain soon
ROBINHOOD CONFIRMS PLAN TO SUPPORT BITCOIN, ETHER FUTURES TRADING AMID DESKTOP ROLLOUT.
Crypto Influencer Mitch Profits Significantly from DOLAN Investments
Dynamic fee keeps printing! pufETH/WETH @puffer_finance pool surprisingly earns more than its bigger pufETH/wstETH counterpart. Likely the reason is high Ethereum gas fees recently, so exchanges which do not involve wrapping/unwrapping are happening more often
Morning #SHIBARMY! My goal for today is _______
šŸšØšŸ”„ š—”š—Ÿš—§š—–š—¢š—œš—” š—¦š—˜š—”š—¦š—¢š—” š—¢š—” š—›š—¢š—Ÿš——? š—•š—œš—§š—–š—¢š—œš—” š—–š—¢š—„š—„š—˜š—–š—§š—œš—¢š—” š—˜š—«š—£š—˜š—–š—§š—˜š——!šŸ”„šŸšØ As Bitcoin ($BTC ) rockets toward $66,000, altcoin bulls are eagerly waiting for their moment to shine! But, could the altcoin season be delayed? Letā€™s break it down šŸ‘‡ šŸŒŸ Bitcoin Hits $66K: Altcoin Surge in Sight? Bitcoin has been riding high, fueled by global economic optimism and China's stimulus news. The king of crypto is closing in on its all-time high, and many altcoins have already seen massive gainsā€”some surging 30-50% in October alone! Is this the start of altcoin dominance, or should we pump the brakes? According to AMBCrypto, the long-awaited altcoin season might need more time to unfold. Here's the kicker: For the true altcoin rally to begin, 37 out of the top 50 altcoins need to outperform BTC. Right now, only 17 have done so, with stars like $SUI leading the charge, boasting an eye-popping 155% increase! šŸ’” Conditions for Altcoin Season: šŸš€ BTC's Correction Incoming? The analysis hints at a potential BTC pullback to below $64,000 before it rockets to new highs. āš” Altcoin Accumulation: Weā€™re not there yet! While short-term gains are possible, the real altcoin season hinges on Bitcoin's momentum and the broader market conditions. ā³ Patience is Key! Altcoin season is brewing, but we may have to wait just a little longer for the fireworks to truly begin. Stay sharp, stay informed, and ride the waves of the crypto market! šŸŒŠšŸ’° #CryptoDeNostradame #Bit_guru #BTCSoarsTo68K #ParrotBambooCrypto #BinanceSquareFamily {spot}(BTCUSDT)
Traders Adjust Fed Rate Cut Expectations After Retail Sales Data
++ Corretora Kraken lanƧa o kBTC, um token na rede #Ethereum lastreado em 1:1 com o #Bitcoin para ser usado em plataformas DeFi.
šŸš€ **Kraken Unveils kBTC: A New Contender in Wrapped Bitcoin Arena!** - **Kraken's kBTC**: The U.S.-based crypto exchange Kraken has launched its own Wrapped Bitcoin, kBTC, built on Ethereum and fully backed 1:1 by Bitcoin held in Kraken Financial. - **Transparency**: Kraken emphasizes on-chain verifiability for transparency. - **Interoperability**: kBTC can be used in decentralized apps via OP Mainnet. - **Security**: Audited by Trail of Bits for robust security. What do you think about Kraken's move? Share your thoughts in the comments! šŸ’¬šŸ”— Read more: 21.co and Crypto.com team up to improve wrapped Bitcoin liquidity
$RONIN is seeing an increase, having established strong support at $1.25. If this upward momentum continues, this cryptocurrency is aiming for an ambitious target of $3.46, supported by expectations that Bitcoin will soon regain its bullish trend and further drive this movement. Before, we recorded a 10x growth gain.
Helium (HNT) Price Technicals Indicate a Bullish Reversal to $8?
Crypto Price Today (Oct 17, 2024): Bitcoin Whale Activity Soars, Fear & Greed Index Alerts Greed
FTX Unstakes $28 Million in SOL, Raising Concerns of a Market Selloff
Red Alert As Ethereum Price Forms Several Dangerous Patterns
Kraken Announces Its Own Wrapped Bitcoin on Ethereum
ChilizĀ  Slumps By 7% to $0.07366 As Trading Volume Slows Down Sharply
Russia challenges rivals using Digital Ruble.
ZK rollup Scroll integrates Chainlinkā€™s CCIP for cross-chain token transfers and interoperability Zero-knowledge rollup Scroll has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP)ā€¦
Tether Lending Model Now Planned to Expand to Commodity Trading Firms Tether is considering lending to commodities trading firms, a sector traditionally dependent on banks for credit...
šŸ‡ŗšŸ‡øABD İşsizlik Haklarından Yararlanma Başvuruları aƧıklandı. ā€¢AƧıklanan: 241K ā€¢Beklenti: 241K ā€¢Ć–nceki: 258K The US Unemployment Benefit Claims have been announced. ā€¢ Announced: 241K ā€¢ Expectation: 241K ā€¢ Previous: 258K #Btc #ParrotBambooCrypto $BTC {spot}(BTCUSDT)
Ethereumā€™s Path to $3,000 Hinges on Key Resistance Levels
$BNB Ā is currently retesting its major resistance level. If it successfully breaks through, the next target will beĀ $710. $BTC Ā $ETH
šŸŖ©Shiba Inu Burn Rate Jumps 14,575% Amid 279,650,585 SHIB BurnšŸŖ© šŸŖ·The Shiba Inu (SHIB) community recently witnessed a massive surge in its token burn rate, skyrocketing by an astounding 14,575%. In a significant burn event, a total of 279,650,585 SHIB tokens were removed from circulation. Token burns like these are designed to reduce the overall supply of SHIB, potentially increasing its scarcity and long-term value.šŸŖ· šŸŒ¹This remarkable increase in the burn rate is a testament to the ongoing efforts of the SHIB community, which remains committed to supporting the projectā€™s deflationary strategy. The SHIB burn mechanism plays a crucial role in reducing excess supply and driving more favorable market conditions for long-term holders.šŸŒ¹ While the impact of this burn on the price of SHIB remains to be seen, events like this underscore the tokenā€™s commitment to growth and sustainability. As SHIB continues its deflationary mission, many investors are hopeful that these efforts could eventually lead to price appreciation, especially as SHIB is actively building out its ecosystem with initiatives like Shibarium and other developments.This recent burn reinforces SHIBā€™s community-driven nature, where collective action seeks to influence the tokenā€™s future. Stay tuned for more updates as SHIBā€™s journey unfolds!šŸ‘… #shibaāš” #BinanceLabsInvestsLombard #Write2Earn! #wifhatdog #TON {spot}(SHIBUSDT)
Cardano (ADA) Primed for Breakout: Analyst Predicts $0.50 Target
Ripple leads $25 million round in Binomial as the derivatives exchange launches futures trading platform in US The new platform, dubbed Botanica, will give investors a way to trade perpetual futures, traditional futures and optionsā€¦
Italy Reveals 62% Increase in Bitcoin Capital Gains Tax The Italian government has proposed a capital gains tax jump on Bitcoin and other crypto assets, rising from 26% to 42%...
Exploring Inspir3: The Future of Lifestyle, Loyalty, and Rewards in the MultiversX Ecosystem
šŸ”„šŸ”„ HOT NEWS šŸ”„šŸ”„ Bittensor whales now dominate with 77% of long positions, heavily impacting the price of $TAO ! With major players controlling a large portion of the market, this could significantly sway TAOā€™s future price movements. Are we about to witness a surge or a dip as these whales move the market? Source: AMBCrypto
M2 is increasing, and Bitcoin's price shows a strong 0.94 correlation with the global M2 money supply from 2013 to 2024. With upcoming rate cuts, this link could indicate bullish trends ahead. M2 includes cash, checking accounts, savings, and short-term saving vehicles
BNB on the Path to $800: Can the Rally Begin After Breaking Key Levels?
Bitcoin Price Soars to 10-Week High, Time to Cash Out or Start of a Bull Run? Letā€™s Find Out
.. the smile stays ;) #bitcoin #altcoin #crypto #smile
Bitwise Expands XRP ETF Filing With New Investor Protections, Things to Know
Newly listed coin $BNSOL after hitting high $168 now down to $153.. Good launching price and keep eye on it .. The $BNSOL /USDT chart presents a volatile situation, with a sharp rejection from the 168.0 USDT level, triggering a rapid drop to the 146.8 USDT low. However, itā€™s showing signs of stabilization around 153.4 USDT, following an upward push from 151.7 USDT. Traders should keep a close eye on the key resistance at 155.0 USDT, as a breakout could open the path back toward 161 USDT levels, offering a solid profit window. However, if price action rejects from the current levels, a slide back to the 146.8 support is possible, warranting caution. Trading within these boundaries could be highly profitable for short-term players ready to act quickly on the next move. #BNSOL #bnsolstaking #USStockEarningsSeason #BTCUptober
$BTC you will ask me why re-accumulation Zone not horizontal with up trend zone I think this year due to venture fund , and higher liquidity inflation rate to btc , Also, the increasing international credits for Bitcoin this year are very large, so my friend, do not wait for Bitcoin to return to the re-accumulation zone. between 40k and 30k it will correction and continue this coming week it will correction above 60k and continue BlackRock entry at 51k, it's the largest investment company in the world, with assets estimated at more than $4 trillion. It's a multinational financial services corporation that provides investment management, risk management, and advisory services to institutions and individuals worldwide. Don't tell me it allows Bitcoin to fall below its entry point. #BTCUptober
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TOP 10 COINS BY LUNARCRUSH GALAXY SCORE $YFI $BIFI #ETH #BTC $TAO #XMR #SOL #UNCX $MATH $WLD
šŸŽ‰ Bitcoin ETFs Break $20B Barrier! šŸŽ‰ - US spot Bitcoin ETFs have hit a whopping $20 billion in total net flows as of Oct. 17, despite Bitcoin's price being in a seven-month slump. - Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted this milestone as the "most difficult metric to grow" in the ETF world. - In just 10 months, Bitcoin ETFs achieved what took gold ETFs five years, showing massive investor interest. - While Bitcoin's price hasn't budged above $68,300 since June 2024, the ETF inflows tell a different, more optimistic story. Keep hodling, folks! šŸš€
šŸš€ **Bitcoin ETFs Hit $20B Milestone Despite Price Slump!** šŸš€ Hold onto your digital wallets, folks! US-based spot Bitcoin ETFs have just crossed the $20 billion mark in net flows, even though Bitcoin's price has been on a seven-month rollercoaster. šŸŽ¢ - **Milestone Alert:** It took just 10 months for Bitcoin ETFs to hit $20B, a feat that took gold ETFs five years! - **Analyst Insight:** Eric Balchunas from Bloomberg calls this the "most difficult metric to grow" in the ETF world. Got thoughts on Bitcoin's future? Drop a comment below and let's get the crypto convo started! šŸ’¬
Bitcoin ETFs hit $20B milestone as price remains stuck in downtrend
TRADING EDUCATION: CANDLESTICK PATTERNS The Bearish Evening Doji Star candlestick pattern is a three-candle formation that indicates a potential bearish reversal. This pattern starts with a strong bullish candle, followed by a Doji that opens higher than the preceding candle. It concludes with a long bearish candle, suggesting a shift in market sentiment. Signal: This pattern serves as a warning of a possible bearish reversal following an upward trend. Trend: The Bearish Evening Doji Star typically appears at the peak of an uptrend, signaling that buying pressure may be weakening and that sellers are gaining control. #Doji #Patterns_Tickeron #BTCUptober #BNBRisesTo600 #Write2Earn! $BNB $ETH $BTC {future}(BNBUSDT) {future}(BTCUSDT) {future}(XRPUSDT)
Kraken crypto exchange launches own Wrapped Bitcoin token
Bittensor whales dominate with 77% of long positions: Impact on TAO?
U.S. September Retail Sales Slightly Exceed Expectations
**Bitcoin ETFs Hit $20 Billion Milestone Amid Price Slump** Spot Bitcoin exchange-traded funds (ETFs) in the U.S. have achieved a significant milestone, crossing $20 billion in total net flows as of October 17. This comes despite Bitcoin's price being stuck in a seven-month downtrend. - **Key Figures**: The $20 billion mark is considered the "most difficult metric to grow" for ETFs, according to Bloomberg's senior ETF analyst Eric Balchunas. - **Comparison**: It took Bitcoin ETFs just 10 months to reach this milestone, whereas gold ETFs took about five years. - **Market Context**: Bitcoinā€™s price has struggled to rise above $68,300 since June 2024, reflecting ongoing market challenges.
šŸš€ Crypto News Flash! šŸš€ - **Dogecoin (DOGE) Bounces Back:** After a sluggish period, Dogecoin has surged by 16%! Once a meme, now a top 10 crypto, DOGE is showing its resilience. - **Ethereum (ETH) Eyes Next Bull Run:** ETH hit $4.09k in March but now stands at $2.63k. Investors are optimistic about another bull run. šŸ‚ - **Zig Network (ZIG) Revolutionizes Crypto:** With its revenue-sharing model, Zig Network is the hot pick for 2024. The presale is live at $0.01, offering passive income and governance power. šŸ’¬ What are your thoughts on these trends? Comment below!
Presale Token PCHAIN Flashes Buy Signal That Triggered the Dogecoin Price 2021 Rally From $0.01 t...