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Azariah Doublev
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🚨 The Internal Revenue Service
#IRS
has issued new guidance on how
#staking
rewards should be taxed, which could influence
#investor
behavior, particularly for those involved in proof-of-stake cryptocurrencies like
$ETH
#NewsAboutCrypto
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💵 The core PCE being below expectations hinted at a potential for the Federal Reserve to maintain or even accelerate its easing policy. There was a noticeable uptick in $BTC prices, with reports indicating #Bitcoin recovering to around $95,000 immediately after the announcement. 🪙 Lower #inflation figures might encourage the Fed to consider further rate cuts, which could reduce the opportunity cost of holding non-yielding assets like #cryptocurrencies . This scenario typically leads to increased investment in cryptocurrencies as investors seek higher returns in a lower interest rate environment. But the market remains sensitive to further economic indicators and policy announcements. So it's kind of early to be #bullish yet. Follow for more... #CorePCESignalsShift
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🌟 "For unto us a child is born, unto us a son is given..." Isa 9:6 A precious gift was given for all humanity. WE CELEBRATE THAT #merrychristmas⭐🎄 #chritmas photo credit: overthinkingchristian
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🗞📉 The Total Value Locked (#TVL ) in Usual's ecosystem has reached a new all-time high of $1.5 billion, marking a 72% increase in the last week. This growth suggests robust trust and interest from investors in Usual's offerings. Additionally, #usual provides high yield opportunities with products like Curve LP APYs ranging from 45% to 73%, and #USUALx at a staggering 550% APY. These yields are among the highest in the #DEFİ space, indicating Usual's strategy to attract yield hunters is effective. #USUALonLaunchpool $USUAL
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Follow me for timely #CryptoNewss 🚨 Updates on assets like $BTC $BNB $SOL 🪙 and occasional #GIVEAWAY🎁 #NewsAboutCrypto #Follow4more
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$PENGU 🐧 has been #trading with a significant fully diluted valuation (FDV). Before its official launch, pre-market trading on platforms like Whales Market showed #pengu trading at prices suggesting an FDV between $4.5B to $5.3B. I have speculations about the potential wealth distribution for Pudgy Penguins #NFT holders, with some estimates suggesting significant #Airdrops for holders
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