Is Terra Classic Truly Sold? Here’s What You Need to Know About LUNC and USTC and Luna

The Terra Classic (LUNC) and USTC project has been the subject of much speculation, especially regarding its future and ownership. Terra Classic was initially developed by Terraform Labs (TFL) but suffered a major collapse in 2022, after which TFL halted its development. The community took over the project, driving LUNC and USTC forward independently, though TFL still technically owned the blockchain.

Despite TFL's withdrawal, there has been no formal sale or transfer of ownership of LUNC or USTC. Legal issues surrounding TFL and its ongoing court proceedings are critical, as they could impact Terra Classic's governance and future direction. These legal decisions will play a key role in shaping the project's trajectory.

Since TFL's exit, the Terra Classic community has demonstrated resilience, working to keep the project alive and innovative. However, the outcome of the legal battles will be decisive in determining whether the community can continue independently or face changes to the ecosystem. Investors and holders of LUNA, LUNC, or USTC should stay informed about legal developments and community efforts to make informed decisions.

$LUNC
$LUNA
$USDC

#ETHOnTheRise #TerraClassicUpgrade #XRPReclaimsTop3 #MicrosoftBTCInvestmentVote #ETHOnTheRise

A simple explanation of the Ethereum currency and what experts expect?
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$ETH Ethereum is a decentralized platform that allows developers to build and run applications (called smart contracts) without relying on a central authority. It uses blockchain technology to store data securely, enabling peer-to-peer transactions and applications

Here’s how it works in simpler terms:

1. Blockchain: Ethereum's blockchain is like a digital ledger where transactions and data are recorded in blocks, which are linked together (hence "blockchain"). This ensures transparency, security, and immutability (data can't be changed once added)

2. Smart Contracts: These are self-executing contracts with the terms of the agreement directly written into code. They automatically execute actions once conditions are met, without needing intermediaries (e.g., banks or lawyers)$ETH

3. Ether (ETH): This is the native cryptocurrency of the Ethereum network. It’s used to pay for transactions, computational tasks, and smart contract execution.

What to Expect from Ethereum:

1. Ethereum 2.0: Ethereum is transitioning from a "Proof of Work" (PoW) system to a more energy-efficient "Proof of Stake" (PoS) model. This upgrade, called Ethereum 2.0, aims to improve scalability, speed, and security while reducing energy consumption

2. DeFi (Decentralized Finance): Ethereum powers many DeFi projects, which are financial services like lending, borrowing, and trading, but without traditional banks or intermediaries.

3. NFTs (Non-Fungible Tokens): Ethereum is also the foundation for many NFTs, which are digital collectibles, artwork, and other assets stored on the blockchain.

4. Scalability Improvements: With Ethereum 2.0 and other solutions like layer-2 technologies, Ethereum aims to handle more transactions per second, reducing costs and transaction delays.

Overall, Ethereum has the potential to revolutionize industries by enabling decentralized applications and services, making it a key player in the future of the digital economy.

#ETHOnTheRise #ETHETFsApproved

5 Altcoins Under $0.10 That Could Skyrocket by 5000% in 2025! 🚀🚀🚀🚀

The article discusses five promising altcoins priced under $0.10 that could experience significant growth by 2025. These coins are:

1. VeChain (VET): Priced at $0.07, it focuses on supply chain logistics, offering transparency and traceability for industries like automotive, agriculture, and pharmaceutical Its real-world applications could drive adoption and growth.

2. Shiba Inu (SHIB): A popular meme coin priced at ~$0.000027, with a large community and growing ecosystem through projects like ShibaSwap, Shiba Inu Metaverse, and NFTs It has the potential for massive growth if it evolves with real-world use cases.

3. Hedera Hashgraph (HBAR): Priced at $0.08, it offers a fast and secure alternative to traditional blockchain technology with a unique consensus algorithm. With backing from companies like Google and IBM, it is poised to serve enterprise-level applications and decentralized platforms.

4. Waves (WAVES): At ~$0.09, Waves is a platform for decentralized applications, DeFi, NFTs, and tokenization. Its low transaction costs and growing ecosystem make it a strong contender for future growth.

5. BitTorrent (BTT): Priced at ~$0.0000145, BitTorrent has moved to the blockchain, offering decentralized file sharing and storage. If it continues to innovate, it could capitalize on the demand for decentralized storage and media sharing.

The potential for these altcoins to soar by 5,000% by 2025 depends on technological advancements, adoption, and strategic partnerships. However, given the volatility of the crypto market, such gains are not guaranteed, and thorough research and risk management are crucial for investors.

#AIAndGameFiBoom #MicrosoftBTCInvestmentVote #ETHOnTheRise #BinanceBNSOLPYTH #shiba⚡ $BTTC
$SHIB
$VET

What Is TRX Crypto: Key Features to Know
TRX is the native cryptocurrency used on the TRON network. TRX serves as the platform’s internal currency and is used to pay for content and services on the TRON blockchain. When the TRON Foundation launched TRON (TRX) in 2017, 100 billion tokens were issued. Of these, 34.25 billion TRX were distributed through an ICO held to fund the TRON project’s development.
Currently, 86.47 billion TRX are in circulation, as the TRON super representatives burned some of the tokens to help stabilize their market value. There aren’t any plans to issue more TRON (TRX) tokens in the future.

What Is TRX Crypto Used For?
• Paying for content and services within the TRON network
• Rewarding network nodes to encourage participation
• Voting for and supporting super representatives
• Investing and trading on cryptocurrency exchanges
Since the TRON blockchain is widely used in the entertainment industry, TRX on TRON is often seen as the ‘fuel’ for gaming and media content. The aim is to make the coin a go-to payment option for the global online entertainment market. TRON (TRX) uses a delegated Proof-of-Stake (DPoS) consensus system, meaning mining is unavailable.

Key TRON Strengths and Weaknesses

*TRON (TRX) Pros

• Fast transactions thanks to high network capacity
• Low fees for transfers and smart contracts
• A convenient option for creators to earn from their content
• An active network with many DeFi projects and gaming apps
• Partnerships with major companies and strong developer support

*TRON (TRX) Cons

• Centralized network controlled by a small number of nodes
• Regulatory challenges due to TRON’s active marketing
• Competition with bigger platforms like Ethereum and Solana
• Frequent criticism for using technology similar to other blockchains
• TRON (TRX) token price volatility

Conclusion
TRON is one of the best-known cryptocurrency smart contract projects.

#XRPTrends #MicrosoftBTCInvestmentVote #XRPReclaimsTop3 #TrxUstd #BTC☀ $TRX
$TON
$T

Shiba Inu Heading to the Moon... but a Small Dip May Be Ahead! 🚀
🐕🐕🐕🐕

Shiba Inu (SHIB) enthusiasts, get ready for an exciting ride! While the long-term outlook remains bullish, short-term technicals suggest a slight pullback before the rally continues. Here’s why:

🔻 Price Drop in the Short-Term?
The weekly chart remains strong, but the daily one signals that SHIB might experience a brief decline before resuming its upward momentum. Based on the current wave count, SHIB has completed wave one of a five-wave rally and is now correcting in wave two.

📉 Where’s the Bottom?
The likely target for this correction is around $0.0000205, a key support level formed by the 0.5 Fibonacci retracement. After this dip, SHIB could bounce back with a target of at least $0.0000575 for wave three!

📊 Indicators Are Neutral
Both the RSI and MACD are trending downward, but still above their bullish thresholds, signaling that this dip is likely just a short-term correction within a longer-term bullish trend.

📉 Short-Term Drop Potential
On the six-hour chart, SHIB is moving within an ascending parallel channel, which typically indicates corrective movements. The price has already been rejected at the channel’s midline twice, confirming a potential breakdown. Once SHIB hits that $0.0000205 support, it may reverse course and continue its climb to new highs!

🚀 The Future Looks Bright for SHIB!
Stay tuned and watch out for the upcoming bullish wave after this minor dip! Shiba Inu’s journey to the moon is just getting started! 🌙

$SHIB
$XRP
$SOL

#shiba⚡ #SHIBAUSDT #XRPReclaimsTop3 #XRPTrends #MicrosoftBTCInvestmentVote

#XRPTrends

XRP price history: Major breakout in 2025?
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Pantoja further suggested that reaching $2 could pave an "easy path" for XRP to climb as high as $8, indicating a potential continuation of its bullish momentum if market conditions remain favor Fibonacci extension levels, a commonly used tool in technical analysis, suggest that XRP could reach up to $18 or $20 in the current market cycle. Meanwhile, Brandt has recently suggested that XRP’s price is set for a significant uptick in 2025. He says a "massive coil" has been identified on XRP’s technical chart pattern. 

This makes XRP price flight towards $24 a reality. Bollinger Bands also suggests the upstick in December and January.

Optimism is growing in the crypto sector as current SEC Chair Gary Gensler prepares to step down in January. Many anticipate his successor will adopt a more favorable stance toward digital assets.

#XRPReclaimsTop3 #MicrosoftBTCInvestmentVote #ETHOnTheRise #BTC☀ $XRP

Will Pepe coin hit 0.10 dollars 2024-2025
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Predicting the exact price movement of any cryptocurrency, including Pepe Coin (PEPE), is very risky.

For Pepe Coin to reach $0.10, several important events are likely to occur:

1. Increased demand: A massive increase in user adoption, partnerships, and usage could drive demand for Pepe Coin.

2. Market sentiment: The broader cryptocurrency market will need to experience sustained upward trends, as coins tend to follow broad market trends.

3. Community growth: Since many meme coins, like Pepe Coin, are driven by community buzz, a strong, active, and growing community could significantly impact price movement.

4. Strategic developments: New use cases, platform integrations, or technological updates could further enhance the utility and appeal of Pepe Coin.

However, reaching $0.10 would require a significant increase in market cap, which could be difficult given its current status (meme coins are often underpriced due to high supply).  It is important to conduct thorough research, consider your investment goals, and prepare for high volatility if you are looking to invest in such assets.

For a more informed perspective, consider monitoring market trends, news, and any developments related to Pepe Coin during 2024 and 2025.

#MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3 #NFTIsBack #ThanksgivingBTCMoves
$SHIB
$DOGE
$PEPE

XRPhas reached an all-time high and surpassed#SOLin market capitalization.
#XRPhas reached an all-time high and surpassed#SOLin market capitalization.

XRPhas reached an all-time high and surpassed#SOLin market capitalization.
#XRPhas reached an all-time high and surpassed#SOLin market capitalization.

XRPhas reached an all-time high and surpassed#SOLin market capitalization.
#XRPhas reached an all-time high and surpassed#SOLin market capitalization.
#XRPTrends #XRP_ETF #xrpsucess #XRPcryptowolf #BSCOnTheRise
$XRP

Binance Bitcoin Button Game: A Chance to Win 1 BTC

Binance has reintroduced its exciting Bitcoin Button Game, offering participants a chance to win a substantial Bitcoin prize. To participate:
* Join the Game: Visit the designated activity page on the Binance platform and join the game.
* Timing is Key: Once 73,750 players have joined, the game begins. Each player receives a 60-second countdown timer. The objective is to click the button as close to 00:00 as possible without going over.
* The Winner Takes It All: The player who manages to click the button at the precise moment of 00:00 will claim the 1 BTC prize.
* Increasing Your Chances: To increase your chances of winning, Binance offers various strategies:
* Daily Check-in: Earn a free daily click.
* Trading: Achieve a trading volume of $50 on Binance Spot or Convert.
* Sharing: Invite friends to join the game.
* Depositing: Make a $50 deposit.
* Referrals: Earn up to 50 extra clicks through Binance Referral Pro.
* Simple Earn: Subscribe with 0.01 BNB and hold for at least 3 days.
Remember: Even if you don't win the grand prize, the players closest to 00:00 at the end of the game will share a portion of the prize pool.
Good luck to all participants!

#XRPTrends #BTC☀ #ThanksgivingBTCMoves #BinanceBNSOLPYTH #BSCOnTheRise $BTC

Is Floki Inu a Good Investment?

An Overview Of Floki Inu
Floki Inu was launched in 2021, inspired by Elon Musk and his Shiba Inu dog. FLOKI was built on Ethereum and Binance Smart Chain making it a multichain token. Since then, FLOKI has maintained its demand in the market by creating deflationary pressure, meaning its supply decreases with time which leads to higher demand and price. Following are some of FLOKI’s key use cases:

• FLOKI is required to play and earn in the NFT gaming metaverse, Valhalla
• Used as native currency for trading collectibles or NFTs on FlokiPlace
• FLOKI holders can participate in governance by voting on upgrades and other decision
• FLOKI can be used as collateral to receive a crypto loan
 
FLOKI Current Price - $0.0002591
FLOKI Market Cap - $2.49 Billion
FLOKI Circulating Supply - 9.60T Floki
FLOKI 24-Hour Price Change - 5.60%
FLOKI 24-Hour Trading Volume - $1.38 Billion
FLOKI All-Time High - $0.0003462
FLOKI All-Time Low - $0.00000002

FLOKI has successfully managed to keep its demand and value up by creating a scarcity of tokens. It was initially launched at $0.0000042, and since then the price has grown substantially and now sits at $0.0002591. 
 
Over the last week alone, the price has increased by 11.01%, and in the last month, its value surged by 71.98%. On top of that, FLOKI increased in value by 738.96% over the last 12 months. Analysts reveal that the coin will continue to grow due to strong community support and vast use cases.

#ThanksgivingBTCMoves #XRPTrends #BSCOnTheRise #FLOKISKYROCKET #BinanceBNSOLPYTH $FLOKI

Will Solana Smash $500? Price Prediction Gives a Bullish Outlook

Solana is in the spotlight again, with Binance analysts predicting it could hit $500 in the near future.
Solana is known for its lightning-fast transaction speeds and low fees. Its ecosystem is booming, with projects in DeFi, NFTs, and Web3 flourishing.
Now, recent network upgrades and increased adoption make this target likely more realistic than ever before.
The surge in institutional interest and Solana’s growing reputation as an Ethereum alternative are key drivers. It’s a bold forecast in a volatile market, but the potential is hard to ignore.
Meanwhile, new platforms like PlutoChain ($PLUTO) could expand the possibilities for Bitcoin by introducing innovative Layer 2 solutions.
Let’s check out the deets.

Institutional interest in Solana is another important factor worth mentioning here.
Major firms, including large venture capital investors, have poured billions into the Solana ecosystem.
For example, the explosive success of NFT marketplaces like Magic Eden has drawn attention to Solana’s ability to handle high transaction volumes with low fees — something Ethereum has struggled with during peak activity.

#XRPTrends #BSCOnTheRise #ThanksgivingBTCMoves #BinanceBNSOLPYTH #SolanaUSTD $SOL

Will BitTorrent coin recover?

The all-time high is still a long way off. However, analysts do expect BitTorrent to start a cautious recovery. Throughout the year, the price is projected to trend upward. In September the price will reach €0.000134 and by December, it is expected to reach $0.000294

What is the future price of BTTC

Exciting possibilities lie ahead! Trading Signal: According to the current data, it is advisable to consider a buy position for BTTC/USDT with a target price of $0.00000146 and a stop loss at $0.00000135. 🚀 BitTorrent ($BTTC ): The Decentralized Game-Changer Set to Redefine 2025!

How Many BitTorrent Chain (BTTC) Coins Are There in Circulation?

There are currently 968,246,428,571,000 BTTC in circulation. BitTorrent Chain has a limited supply, much like other cryptocurrencies that employ finite supplies as an anti-inflation mechanism. The limited total supply prevents devaluation of BTTC tokens through inflation, meaning they could represent a good long-term store of value.
Part of the total supply is allocated to the Binance ecosystem, BitTorrent Chain partners, and TRON Foundation. The number of BTTC coins in circulation multiplied by the current price of BitTorrent Chain in the market is equal to the market cap of BTTC The market cap defines the rank of BTTC and determines its market share and dominance

#ThanksgivingBTCMoves #XRPTrends #BinanceBNSOLPYTH #BitwiseFiles10ETFs $BTTC
$XRP
$SOL

#BSCOnTheRise

Volume trading is a trading strategy that uses volume analysis to identify momentum and trends in the market. By studying the number of shares or contracts traded over a specific time period, traders can gain valuable insights into the strength and direction of price movements.

Key aspects of volume trading include:
* Understanding volume: Volume represents the number of units traded for a particular asset within a specific time frame.
* Chart analysis: Traders use charts that display both price and volume to visualize the relationship between price movements and trading activity.
* Volume analysis: Increasing volume often indicates strong price movements, while decreasing volume may indicate a weak trend.
* Volume indicators: Technical indicators such as the Accumulation/Distribution Indicator and Moving Average Volume help traders better understand trends.
* Pattern recognition: Identifying patterns such as volume gaps or volume reversals can provide clues about potential changes in trend.
* Combining with technical analysis: Volume trading is most effective when combined with other technical analysis tools such as support and resistance levels and chart patterns.
* Risk management: Setting stop-loss orders is crucial to protecting capital.
* Practice and learn: Practice on a demo account and continually educate yourself to improve your trading skills. By following these guidelines, traders can enhance their ability to identify potential trading opportunities and make more informed decisions in the market.

#ThanksgivingBTCMoves #XRPTrends #AIAndGameFiBoom #BinanceBNSOLPYTH #BitwiseFiles10ETFs $BTC
$ETH
$SOL

Leak Reveals December Crypto Bombshell As Bitcoin And Ripple’s XRP Price Suddenly Soar
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The bitcoin price has rocketed this year, pushed on by the election of Donald Trump as U.S. president—fueling a huge $15 trillion bitcoin price bet.
Now, as Elon Musk quietly confirms a bitcoin and crypto market game-changer, bitcoin bulls are ramping up their 2025 price predictions after Donald Trump's election triggered a regulatory "green light."

Ripple's XRP has surged 13% this week as traders bet Trump's pick for SEC chair will mean an end to Ripple's drawn-out legal battles, with the XRP price soaring almost 200% since the U.S. election at the beginning of November.

Yuya Hasegawa, bitcoin and crypto market analyst at Tokyo-based Bitbank, said in emailed comments, adding the U.S. Thanksgiving holiday could be a catalyst for the bitcoin price to climb over the closely-watched $100,000 per bitcoin level.
"In the crypto market, there also is a market anomaly surrounding Thanksgiving. During a bull market, bitcoin tends to suffer losses around Thanksgiving, but the price restarts rallying after a week or two. This 'Thanksgiving anomaly' was observed during the bull run of 2016 and 2020, the years when bitcoin’s halving happened. Bitcoin went through its fourth halving this April, so a lot of market participants may be believing that a dip around Thanksgiving could be a huge opportunity
However, Hindi and other bitcoin and crypto market watchers expect the recent volatility to continue into the next few weeks after the bitcoin price and other smaller cryptocurrencies, including Ripple's XRP, have rocketed higher through November.

#ThanksgivingBTCMoves #AIAndGameFiBoom #AIAndGameFiBoom #BitwiseFiles10ETFs #BitwiseFiles10ETFs
$XRP
$BTC

Shiba Inu Burn Rate Soars 7,400% as CEO Burns 80 Million Coins, Will Shiba Inu Price Reach $0.0004?
🐕🐕🐕

The Shiba Inu burn rate has surged by 7,400% over the past week as nearly 2 billion coins have been destroyed. Will Shiba Inu Price Reach $0.0004 in the Future?

Meanwhile, the growing accumulation of Shiba Inu whales has added to the market’s optimism surrounding the coin’s future price action. CoinGape Media reports that a large whale has continued to scoop up the coin amid a bull market.

Market watchers are once again keeping an optimistic eye on the Shiba Inu price, primarily due to the latest Shiba Inu burn data. Notably, Saturday’s burn statistics indicated a massive 7,400% spike in the cryptocurrency’s weekly burn rate, with nearly 2 billion coins destroyed. In contrast, crypto enthusiasts are eyeing a potential $0.0004 target for the popular dog-themed meme coin as they await a bull market in Q4.

SHIB burn rate surges 7,400% weekly as Kaaldhairya burns 80 million coins
According to the official Shibburn tracker on X, SHIB’s weekly burn rate surged 7,418% on Saturday, November 30. This massive surge comes on the back of 1.93 billion coins being removed from the meme token’s market supply. Notably, with the massive burn surge, the total supply of the meme coin was valued at 589.26 trillion tokens at the time of reporting.

What’s next for SHIB price?

At the time of reporting, SHIB price was trading at $0.00002593, down slightly by 0.06%. Its intraday low and high were $0.00002551 and $0.00002633, respectively.

Meanwhile, a Shiba Inu price analysis by CoinGape Media reveals that the token is looking for potential gains ahead, although the chances of hitting the $1 target this year are still slim. Besides, if the coin maintains its monthly bullish momentum, it could break the $0.00003 resistance. This bullish momentum could pave the way for a $0.0004 price target in turn.

#ThanksgivingBTCMoves #AIAndGameFiBoom #BinanceBNSOLPYTH #BitwiseFiles10ETFs

Is Dogecoin Price Ready to Rally Beyond $1 Like XRP?
🦮🐕‍🦺🦮🐕‍🦺🦮🐕‍🦺

Dogecoin price shows strong bullish momentum, signaling potential gains amid market optimism. DOGE rally mirrors XRP’s, fueling $1 target

Dogecoin’s rally showcases strong market momentum fueled by optimism and technical patterns. If the bullish pennant confirms, Dogecoin could break past $1, mirroring XRP’s trajectory. Broader market surges and potential integrations further bolster Dogecoin’s prospects for historic gains.

Will Dogecoin Price Skyrocket Past $1 Like XRP?
Over the past month, Dogecoin’s value has soared by 150%, including significant gains recorded in the last week. The meme coin’s upward trend has rekindled hopes of it approaching its all-time high (ATH) again. 

Dogecoin’s ATH was $0.7376, achieved on May 8, 2021. Analysts are comparing it to XRP’s recent rally past $1, which began near the $0.50 mark and has now pushed the XRP price toward $1.90. This has led to speculation that Dogecoin might replicate XRP’s bullish trajectory.

The price of Dogecoin has risen sharply, marking its highest level in over a week. Market speculation about Elon Musk’s potential plans to incorporate payment features into his social platforms is fueling this surge.

Analyst Predicts $1.3 Dogecoin Breakout
Crypto expert has highlighted a bullish pennant pattern in Dogecoin’s daily chart, signaling potential gains. The expert suggests that DOGE is on the verge of breaking out from the pennant formation soon.
Based on this technical analysis, the measured price target from the pole indicates a possible rally to $1.3. This projection has captured significant attention from market enthusiasts and Dogecoin supporters.

#ThanksgivingBTCMoves #AIAndGameFiBoom #AIAndGameFiBoom #BSCOnTheRise
$DOGE
$XRP

How High Can Pepe Coin Price Surge In December?
🐸🐸🐸🐸🐸

Pepe Coin price more than doubled in November. Explore how high the meme coin can get to in December this year

Meme coins had a strong performance in November, helped by the risk-on sentiment in the crypto industry. Pepe Coin price was one of the top performers as it more than doubled in value. So, how high can the third-biggest meme coin jump in December?
Pepe Coin Price Has Positive Technicals
Technical analysis of the Pepe Coin price points to a potential comeback now that it has dropped for two consecutive weeks. The token formed a cup and handle pattern between May and November this year. 

A C&H pattern forms when an asset forms a rounded bottom. In this case, the upper side of this cup was at $0.00001717, which broke out on November 13. Ideally, when this breakout happens, traders estimate the next target by measuring the depth of the cup. In the depth was about 65%. As such, if we measure 65% from $0.00001717, we estimate that the coin will rebound to $0.000028.
Pepe price has formed two other bullish patterns. First, it has created a falling wedge pattern, which has two falling and converging trendlines. This pattern often leads to a strong bullish breakout when the two lines are about to converge. 
Second, Pepe coin price has formed a break and retest pattern. This pattern forms when an asset breaks above a key resistance point – in this case, $0.00001717 – and then retests it. It retested it on November 26 and formed a morning star candlestick. 

Therefore, a combination of these patterns and the fact that it has remained above 50-day moving average, means that the coin will rebound in December, and possibly hit the C&H target at $0.000028. This view, however, will become invalid if the coin drops below $0.000016, a few points below the upper side of the cup. 
#ThanksgivingBTCMoves #AIAndGameFiBoom #BinanceBNSOLPYTH #BTC☀ #ETHETFsApproved
$PEPE

urgent 🚨🚨🚨
Russian President Putin signs law recognizing Bitcoin and cryptocurrencies as property, exempting them from VAT.
🌎🌎🌎🌎

A big step to boost digital currencies in the world 🌎

Russian President Vladimir Putin has approved new legislation that creates a tax framework for cryptocurrencies, recognizing digital assets like Bitcoin as property under the Russian Internal Revenue Code.

🚀 Bitcoin Mining Income Taxation 🚀

The legislation exempts cryptocurrency mining and sales from value-added tax (VAT) and imposes tax obligations on mining companies. Mining income will be taxed as personal income at a rate of 13%, rising to 15% for annual income exceeding 2.4 million rubles starting in 2025. Mining companies will also have to report user data to the authorities.

👌 Trials for Cross-Border Transactions 👌
The new law complements previous measures, such as the legalization of cryptocurrency mining in August 2024, which allows Russian legal entities and individual entrepreneurs to engage in mining, with exemptions for individuals who stay within specified energy consumption limits. Foreign digital financial assets can also be traded on Russian crypto platforms, with the Bank of Russia overseeing the listings to protect financial stability. 

🌎 Legalizing Crypto Mining 🌎
In addition, Russia has launched trials of cross-border cryptocurrency transactions to address challenges posed by international sanctions, using a national payment card system for ruble-to-cryptocurrency exchanges. Putin stressed the need for a strong legal framework to boost crypto adoption and its potential for economic growth.

#ThanksgivingBTCMoves #AIAndGameFiBoom #BinanceBNSOLPYTH #BitwiseFiles10ETFs #BTC☀ $BTC
$XRP
$BNB