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🚀 Exciting News in Crypto Regulation! 🚀 The US House of Representatives has passed the Financial Innovation and Technology Act of the 21st Century (FIT 21), aimed at clarifying crypto regulations. This bipartisan move seeks to define which aspects of cryptocurrency regulation fall under the SEC and which fall under the CFTC. Historically, dual oversight has been a challenge, with the SEC's stricter approach versus the CFTC's more lenient one. Key Points of FIT 21: - Classification based on project control and token/voting rights exceeding 20%. - Encourages projects to decentralize. - Public fundraising as a commodity with a valuation under $75 million and retail participation below 10%. This could pave the way for significant development in decentralized applications. In this evolving landscape, tools like Kryptos—a free crypto tax software with portfolio management—become invaluable. Kryptos simplifies tax compliance and portfolio tracking, ensuring you stay on top of your crypto game. Stay informed and ahead in the crypto world! 🌐💼💡 #FIT21

💡Crypto Tax Tip - España 🇪🇸 Sabías? There are a 3 crypto transacciones that are completely tax-free? 🔸Buying cripto 🔸Holding cripto (unless subject to Wealth Tax) 🔸Transferring cripto between your own wallets No matter what you invest in — Crypto, $ETH ETFs, or #NFTs. TAXES remains the same! Keep your crypto taxes organized & compliant with https://t.co/aiWKHsc8m9 #Kryptos #STEPN $UNI $Mini #altcoin #BTC

If you're wondering why Ethereum ($ETH) is going up so much, let us explain it in simple terms. There's a chance that an ETF (Exchange-Traded Fund) for ETH might get approved. An ETF for ETH means that big institutions would buy ETH and then sell it to their clients. This influx of money into the market is why the price is rising. To make the most of your gains, consider using Kryptos, a free crypto tax software. Kryptos helps you track your crypto transactions, calculate your tax liabilities, and stay compliant with tax regulations, ensuring that you don't have to worry about the complexities of crypto taxes. This explanation is not for scientists, just regular folks like us! 😆 #ETHETFs

🚀📈 #Bitcoin has crossed the $68,000 mark! Currently trading at $68,081.99 USDT, up 1.95% in the last 24 hours. 🚀💰 Stay on top of your crypto gains with Kryptos - the free crypto tax software! 💻📊 #ETHETFS #BTC #BinanceLaunchpool

Bitcoin's Path to $100,000 is Revived, But Analysts Caution Against Possible Correction! The crypto market is buzzing again with fresh optimism after Bitcoin's impressive rally following its April dip. Traders are once again betting on BTC reaching the elusive $100,000 mark in 2024, fueled by the Federal Reserve's decision not to raise interest rates and strong U.S. non-farm employment data. The surge has rekindled options traders' bullish outlook for Bitcoin at $75,000 and $100,000. Positive Shift in Market Sentiment: QCP Capital Analysts Weigh In ! QCP Capital analysts have observed a noticeable shift in market sentiment. They stated, “After the Friday rebound heading into the weekend, we're seeing a spike in volatility and rates. Bitcoin's risk reversal is now positive (calls are priced higher than puts)." This trend has prompted a surge in demand, reinforcing traders’ renewed expectations for Bitcoin to climb to $75,000 and $100,000 by September. John Glover's Bold Prediction: BTC to $92,000 Amid Elliott Wave Analysis! John Glover, the Chief Investment Officer of Ledn, remains unwavering in his bold prediction that Bitcoin will reach $92,000. He bases this projection on the Elliott Wave theory, which also suggests a potential correction to $52,000-$55,000 before the ascent. Glover explained, “Bitcoin's price action aligns with my Elliott Wave analysis for Wave 4. Despite the recent dip to $56,500 possibly signaling the end of the correction, I anticipate Bitcoin will retrace to the $52,000-$55,000 range before completing Wave 4.” Once this correction phase wraps up, he envisions Bitcoin rising sharply towards $92,000 in the subsequent fifth wave. In summary, while the bullish outlook for Bitcoin has returned, experts remain mindful of a possible correction before the crypto giant aims for its next big milestones. Stay up on trend with the most update Crypto Tax Software: Kryptos ! 🚀

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