This is when people start to panic. Will the market go back below 90,000? Are you holding on to your long orders? Set a good stop loss! This market trend is not that fast.
This is when people start to panic. Will the market go back below 90,000? Are you holding on to your long orders? Set a good stop loss! This market trend is not that fast.
The company WhiteBird, known as a crypto exchange, has announced the launch of a cryptocurrency exchange.
For clients, the cryptocurrency exchange will be available as early as the beginning of 2025. According to Maxim Shabanov, the company has real prospects of capturing up to 50-70% of the local market and 30% of the market in neighboring countries in terms of cryptocurrency trading volume. WhiteBird will offer access to margin trading and major tokenized assets, the prices of which are equivalent to the most popular cryptocurrency trading pairs: #BTC, #ETH, #USDT, and TON. In the future, the company plans to expand the list of trading pairs and introduce additional tools, such as spot trading. As the infrastructure of WhiteBird develops, it hopes to attract institutional investors and enter the international market. The reliability of client funds will be ensured through the use of multi-signatures and cold storage methods for cryptocurrencies. By using non-custodial crypto wallets, clients will be able to manage their assets directly, minimizing the risk of loss of funds. Additionally, a high level of security for client funds will be guaranteed through integration with reliable cybersecurity solution providers. Since 2020, WhiteBird has been on the list of residents of the High Technology Park. The platform operated as a crypto exchange, but it has a cryptocurrency exchange license. It currently has over 50,000 private clients, and around 150 companies actively use the platform. Over the past four years, the turnover of client funds has exceeded 1.5 billion rubles.
Since September 20, the decree "On the circulation of digital signs (tokens)" has been in effect in Belarus, which prohibits individuals from buying and selling cryptocurrency for money outside of Belarusian crypto exchanges or crypto exchangers. Moreover, such sites must be residents of the High-Tech Park. At the end of September, the HTP presented a list of these legal entities: there were 13 of them - crypto exchanges, crypto exchangers and crypto brokers, as well as sites that trade in company tokens. Office Life studied what they do
Top 20 Countries by Cryptocurrency Transaction Volume
More than 22% of global cryptocurrency transactions are in the United States. This is about $1.3 trillion in monetary terms. The top three also include the United Kingdom and Russia, RBC writes, citing data from the analytical company Chainalysis Of other countries, it is interesting to see India, Turkey and Ukraine in the top 10, and Vietnam, Poland and Mexico in the top 20.
One of the most important rules in investing is to remove all emotions, especially panic and greed. And especially in cryptocurrency. Because of emotions in cryptocurrency, many lose and lose money. 2. Withdraw your money. As soon as you make a profit, withdraw what you invested. And then use the following rule 👇
Affordable Tokens With Huge Potential For Big Wealth By 2025
The cryptocurrency market is currently calm, waiting for another price surge. Altcoins remain at an attractive entry level, already showing growth and preparing for a meteoric rise at any moment. In such conditions, investors are looking for promising tokens that can bring significant income in the coming years. This article lists ultra-affordable tokens that have huge potential to create wealth by 2025. These digital assets attract attention with their unique proposition and growth logic, promising to change the rules of the game in the market. CYBRO pre-sale is gaining momentum: more than 25 million tokens have already been sold CYBRO is a platform for receiving increased earnings in the Blast blockchain. The initial version of the platform will be launched in the second quarter of 2024, but you can join this promising project today, at the CYBRO token presale stage. At this stage, CYBRO tokens can be purchased almost half as cheaply as after the listing, which provides a generous return on invested capital of 140%. The supply of tokens is limited, and more than 25 million tokens have already been sold. Those who invest at least $1,000 in CYBRO at the presale stage will receive a weekly reward in ETH, which can be withdrawn after the token generation (TGE).CYBRO token holders will be able to earn cashback, discounts on trading and lending operations within the platform, earn interest on staking, and participate in airdrops. These benefits will lay a solid foundation for CYBRO's value to grow after the TGE in Q3 2024. CYBRO can be used to grow your crypto portfolio by investing in various vaults on Blast, the only second-layer blockchain that offers native yield for ETH and stablecoins. CYBRO's ultimate goal is to provide users with the highest possible yield for each strategy while maintaining a simple and transparent interface.
On 10/19/2024, the following cryptocurrency rates were set at exchange trading: Bitcoin rate - $68,348.1, Ethereum rate - $2,639.31, BNB rate - $598,853, Ripple rate - $0.546344, Solana rate - $153,995. BTC trading against the dollar ended with an increase of $926,155 to $68,348.1, which amounted to 1.37367%. In total, BTC increased by $5,348.7 in a month.
ETH trading against the dollar ended with an increase of $27.2813 to $2,639.31, which amounted to 1.04445%. In total, ETH increased by $176.87 in a month.
BNB vs. USD ended up $6.77389 higher at 598.853, up 1.14409%. BNB has increased by $32.853 in total for the month
XRP vs. USD ended up $4.73342E-5 higher at 0.546344, up 0.00866455%. XRP has fallen by -$0.0442 in total for the month
SOL vs. USD ended up $3.13688 higher at 153.995, up 2.07936%. SOL has increased by $10.635 in total for the month $BNB
Where to buy cryptocurrency and not have problems with the law - 5 Belarusian services
Cryptocurrency scares many people with its lack of control and associated risks. However, in Belarus, everything is different, because Decree No. 8 controls this area. Which Belarusian projects make it possible to buy cryptocurrency legally and safely? There are 4 projects in Belarus that operate in accordance with Decree No. 8 and are residents of the High-Tech Park – Whitebird, Bynex, Free2ex and Currencybel.com. Another project from Belarus is the BITCASH crypto wallet.
Tesla Transfers All $770 Million of Its Bitcoin to Unknown Wallets
TESLA, one of the largest corporate holders of bitcoin, has moved its remaining 11,509 coins, worth about $770 million, to new addresses, The Block reports, citing data from analytics firm Arkham Research. In a series of transactions, the company, which made an unprecedented $1.5 billion investment in bitcoin in February 2021, moved about $770 million in the cryptocurrency to seven new addresses on Tuesday. Prior to this, Tesla conducted six test transactions, interacting with bitcoin wallets for the first time since selling off most of its holdings in 2022. As of October 15, Tesla held about 9,720 BTC, worth about $650 million, down from 43,000 at its peak. However, Arkham believes Tesla holds up to 11,509 BTC across 68 addresses, worth $770 million at current prices. Elon Musk's SpaceX is estimated to hold 8,285 bitcoins, according to Bitcoin Treasuries. Tesla is the third-largest holder of bitcoin among publicly traded companies, behind MicroStrategy and MARA. The electric car maker accepts bitcoin as payment for vehicle purchases. It is not known why the company is moving BTC after more than two years of inactivity, although some suspect it may be preparing to sell even more of its coins.Musk authorized the sale of $272 million in bitcoin in the first quarter of 2021, raking in $128 million in profit as bitcoin climbed to nearly $62,000, according to data from The Block. Tesla also sold $936 million in the second quarter of 2022, raking in $64 million. The company will release its third-quarter financial results after the market closes on Oct. 23. Bitcoin remains high on Wednesday, trading near its late-July highs of $67,800 the day before. BTC is up 0.35% at $67,374 as of 8:40 a.m. ET.
Max Keiser predicts Bitcoin will rise to $220,000 "soon"
Bitcoin will rise in price to $220,000 "soon". This forecast was presented by TV presenter and founder of Heisenberg Capital Max Keiser. The expert referred to gold quotes reaching a new historical maximum above $2,700. The previous ATH for the precious metal was recorded in 2020, when the world faced a pandemic, which required the world's leading central banks to reduce interest rates and launch quantitative easing programs. In September, the Fed began a cycle of monetary easing with a step of 50 bp. This is the first time this has happened since March 2020. Kaiser expects BRICS to launch a "gold-backed US dollar killer" at the upcoming summit in Russia. In July, the organization announced its intention to create a blockchain-based payment system to weaken the dominance of the USD and SWIFT. Earlier, Bernstein linked the rally of the first cryptocurrency to the increased chances of Donald Trump winning the US presidential election in November. Recall that Kaiser predicted Bitcoin would rise to $220,000 back in 2021.
The second season is approaching. Hamster Kombat gamers will become CEOs of game studios. The developers of the famous "tapalka" announced the second season of Hamster Kombat. Judging by the trailer, gamers will be offered to try on the role of the CEO of a game development studio. It will be possible to hire developers and, in fact, create games. But, of course, taps will still be at the heart of the gameplay. At the same time, the game interface will change significantly, and the types of additional activities will be updated. The launch date of the second season of Hamster Kombat was not announced. The community met the announcement of the continuation of the "hamster" sluggishly. The HMSTR rate increased, but only by 2.7%. At the same time, in a month the token fell in price by almost 60%. The authors of Hamster Kombat commented on the situation with the rate, noting that they will try to attract newcomers to the game with the help of new products in the Hamster ecosystem. #HMSTR #usdt
What is Binance Square? Binance Square (formerly Binance Feed) aims to be a one-stop social platform covering the latest trends in the Web3 world. The platform offers a wide range of content from renowned crypto experts, enthusiasts, and trusted media outlets, and serves as a link between content creators and their followers, customizing users' feeds based on their interaction history with the platform. Square #bnb #ETH $SOL #btc
How businesses should pay taxes on cryptocurrency turnover in the new year
The draft Tax Code for 2025 does not establish what cryptocurrency transactions legal entities can perform, but only regulates the procedure for their taxation. The list of "permitted" transactions with digital signs for legal entities, as before, is determined by Decree No. 8 "On the Development of the Digital Economy".
Income of individuals from cryptocurrency: paying taxes correctly from January 1
Changes in the taxation of income received from transactions with digital signs (tokens, cryptocurrency) have been introduced into the draft Tax Code of the Republic of Belarus for 2025. In particular, a procedure has been established for determining the tax base for income tax on income received from transactions with cryptocurrencies for individuals.
You don't have to pay taxes on cryptocurrency: what else is allowed?
The benefits for the cryptosphere remain in force for another 2 years. This is provided for by Decree No. 80 "On Certain Taxation Issues". What does this mean and what legal opportunities does it give to Belarusians? We answer the main questions about using cryptocurrencies without legal problems. Is Cryptocurrency Legal?
Blockchain technology, a distributed ledger system, will be able to solve tasks traditionally performed by banks as it develops in the future. This was stated by Alexander Chernoshchyokin, Senior Vice President, Head of the Small and Medium Business Unit at PSB, during the session “Technological Transformation of Finance” at the RBC Tech forum.
Psychology of an investor and a trader: what is the difference?
An investor is long-term investments and absolute calm, and a trader is fuss and constant stress? Often these are the associations that come to mind when talking about these two roles. But is this true? Together with experts from the crypto platform Dzengi.com, we understand the psychological differences between investors and traders so that it is easier for you to understand which type you belong to.