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🇺🇸 IRS confirms crypto holders not required to report gains or losses after blockchain protocol upgrades.
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😱🔥Binance drew attention with its Solana move!👀🔥 Binance announced that its Solana staking product #BNSOL will be launched towards the end of September. The move in question will allow exchange users to use their #SOL coins securely. The staking system that Binance will offer with BNSOL will be suitable for dynamic price ranges. Binance, which will be able to benefit from the increasing popularity of Solana, will create BNSOL in a functional structure. BNSOL will offer various opportunities in the field of decentralized finance (DeFi). Binance winks at the Solana blockchain Binance, which has a blockchain rival to Solana and Ethereum, attracted attention with the BNSOL it will launch for the Solana staking system. Binance's move was interpreted as "the breadth of the potential user portfolio". Users will be able to perform staking transactions on Solana's high-performance blockchain using BNSOL. BNSOL, which has dynamic price options, will focus on liquidity. Unlike the traditional staking system, BNSOL will allow users to unlock liquidity while staking. The system in question will facilitate the savings of its owners without losing their shares. Binance announced BNSOL with a mysterious tweet signed on August 29. Binance, published in the press release, stated that security measures were implemented to protect users' assets and that BNSOL provided maximum efficiency. The price of SOL, which was affected by the negative atmosphere of the cryptocurrency, fell by three percent 22 in a month. Despite the ongoing memecoin craze on the Solana blockchain, attention was paid to SOL trying to hold on for 130. #binance #solana

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😱🔥TOP 4 Altcoins To Buy In September 2024🚀 XRP (#XRP ) With a market cap of $32 billion, $XRP is a long-standing player in the cryptocurrency space, developed by Ripple Labs in 2012. XRP facilitates currency exchanges and boasts the first decentralized exchange (DEX) through its XRP Ledger. Its open-source technology is also recognized for being environmentally friendly, contributing to its continued popularity. Dogecoin ($DOGE ) Dogecoin, with a market cap of $15 billion, started as a joke in 2013 but quickly gained traction thanks to a dedicated community and viral memes. Despite its success, #DOGE remains a volatile investment with significant price fluctuations, partly due to its limited real-world use cases. Toncoin ($TON ) Toncoin, developed by Telegram in 2018, has a market cap of $13 billion. Initially intended for in-app transactions within Telegram, Toncoin has evolved into a community-driven blockchain. Its proof-of-stake network ensures fast processing and validation times, making it a significant player in the altcoin market. Cardano (#ADA ) Cardano, with a market cap of $12 billion, was an early adopter of the proof-of-stake consensus mechanism, which offers faster transaction times and improved energy efficiency. Known for its focus on security and low fees, Cardano is considered a leader in blockchain innovation, despite facing criticism for not delivering on some of its early promises. #altcoins

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😱🔥Ripple CEO gave the good news: Coming soon #Ripple 's famous CEO Brad Garlinghouse spoke at South Korea Blockchain Week as follows: Ripple's famous CEO Brad Garlinghouse, who has knowledge of #XRP . Garlinghouse said that the company will issue its coin stable in a few weeks. The US executive stated that he is "more optimistic than ever" for cryptocurrencies on a 5-year basis. Ripple CEO Brad Garlinghouse gave a period of a few weeks for the stablecoins that will be affiliated with him. Speaking at Blockchain Week in South Korea, Garlinghouse said, "There are only weeks, not months, for the stablecoin." "We saw an opportunity when USDC lost parity" Garlinghouse, who also earned money to complete the trial stages of their new stablecoin RLUSD, also made the following statements: "In fact, we saw an opportunity here instead of USDC 1 dollar in banking last year. We said, 'This world needs a reliable player who does business with many financial players.'" As you may remember, USDC, which was launched by Circle companies, experienced various difficulties in the stock in March 2023 due to the conditions in the bankrupt Silicon Valley Bank. The parity, which was supposed to remain in 1 direction, had decreased to 0.80. Circle had approximately 3.3 billion assets in this bank. When the US government stepped in and obtained a deposit guarantee certificate, the environment calmed down and the USDC parity returned to 1 place. Garlinghouse continued his criticisms of Gary Gensler at the conference and at the same time stated that there was no IPO plan for the Ripple company. Expressing that he was more optimistic than ever in 5 years, Garlinghouse said, "Even if it is not by the SEC, it is being re-evaluated in crypto by the new government and it is clearly increasing." #XRPUSDT #BradGarlinghouse

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😱🫨These 2 Altcoins Promise Major Comebacks Before the End of the Year🚀🚀 Cardano (#ADA ): Set for a Rally Past $10 Cardano ($ADA ), one of the top altcoins, is a top pick for several reasons. From its solid fundamentals as a Layer-1 blockchain offering DeFi solutions to its significant upside potential, ADA is a must-have crypto. Moreover, as a top crypto coin, it is a favorite among institutional investors. The Cardano price is one of the cheapest among the top altcoins. Key support is at $0.3, trading significantly below its all-time high of $3—a 90% decline. With plenty of room to run amid an anticipated new peak, it is among the best coins to invest in. As an up-only period approaches, a Cardano price prediction suggests a jump past $10 before the curtain closes on the year. With retailers and institutions alike betting big, it is a must-have crypto. Ripple (#XRP ) at $12 By the Year’s End? Ripple ($XRP ), another Layer-1 token, concludes this list of altcoins to watch for huge gains this year. It plays a key role in the crypto space, facilitating cross-border transactions and payments. While it has been largely overwhelming due to the legal battle with the SEC, it is now back to its full potential. The final judgment in the Ripple/SEC case—a $125 million penalty—ends the 4-year-long legal tussle. With the XRP price currently hovering above the $0.5 support, it is no surprise that investors have been bidding high. Ridiculously underpriced and boasting huge growth prospects, it is on the list of cryptos to bet on this year. This is echoed by a recent XRP price prediction. According to the forecast, we will likely see the altcoin above $12 before the year’s end. As BTC races toward $100,000, a compelling way to make the most of this bullish wave is by doubling down on XRP. #altcoins #XRPUSDT

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😱🔥3 AI Altcoins Will Go on a Bull Run in September – Key Signals Show This: NEAR Protocol Eyes Recovery Amid Volatile Market $NEAR Protocol (#NEAR ) is currently trading between $3.44 and $4.64. It’s been a rough week with a 17.65% drop, adding to a 9.54% decline over the past month. However, the coin shows potential for recovery. The nearest resistance is at $5.43, while support is found at $3.03. Should it break past $5.43, it could target the next resistance at $6.63, a gain of nearly 50% from the current range. Short-term indicators like the RSI at 46.34 suggest a balanced market, hinting at possible upward momentum given its oversold status in the past weeks. Will NEAR bounce back? Only time will tell. Render ($RENDER ) Faces Uncertainty with Mixed Trends Render (#RENDER ) is currently trading between $4.23 and $6.00. The coin has seen its price drop by nearly 19% in the past week, signaling caution among traders. Its 10-day and 100-day moving averages are closely aligned at around $5.09, hinting at a potential consolidation phase. The Relative Strength Index (RSI) stands at 47.44, indicating a neutral market sentiment. Key support is near $3.63, while major resistance looms at $7.18. The coin could rise to $7.18 if it breaks past current levels, which would be an increase of around 20%. However, falling to its support level would mean a decline of over 30%. Internet Computer (#ICP ) Battles to Hold Ground Amidst Price Fluctuations Internet Computer ($ICP ) trades between $6.67 and $8.17, trying to stabilize after sharp declines. It’s down over 50% in six months but shows slight recent recoveries. With nearest resistance at $9.13 and support at $6.14, the short-term outlook is mixed. The RSI and Stochastic indicators suggest mild bullish trends, though not definitive. It’s currently above the 100-day moving average of $7.48, hinting at potential growth. If it breaches $9.13, it could aim for $10.64, a climb of about 30%. Conversely, failing to hold above $6.14 could push it below $5. Risks exist, but recovery seems possible. #altcoins #AI

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