LIVEMoney Mate
@Money_Mate
Takip edilenler
Takipçiler
Beğeniler
Paylaşılanlar
Bitcoin price today: rebounds to $70k on spot Ether ETF speculation
Bitcoin price rose sharply on Tuesday, tracking a rally in Ether after a media report flagged some progress towards the approval of spot-Ether exchange-traded funds for U.S. markets.
The world’s largest cryptocurrency rose 5.8% in the past 24 hours to $70,987.1 by 01:08 ET (05:08 GMT).
But world no.2 token Ether was the star performer on Tuesday, surging 17% to a 1-½ month high of $3,656.01.
Ether surges as report says SEC asks ETF applicants to update key filings
A report from Coindesk showed that the U.S. Securities and Exchange Commission asked applicants for spot Ether ETFs to update some key filings, ahead of a key deadline for the approval of the funds later this Thursday.
While the report said that there was still no guarantee that the regulator will approve the ETFs, it did mark some progress towards an eventual approval.
Bloomberg analysts Eric Balchunas and James Seyffart updated their expectations for a spot Ether ETF approval to a 75% probability from 25%, citing the Coindesk report and stating that the SEC could be “doing a 180” on a potential approval.
The SEC was seen largely averse towards a spot Ether ETF, especially as recent reports said the regulator was also pursuing action against the EthereumFoundation over Ether’s potential nature as a security.
But a spot ETF approval could trigger a similar rally in Ether as it did for Bitcoin earlier in 2024, where the token surged to a record high on increased capital inflows as institutional investors piled into the ETFs.#ETHETFS #btc70k #BTC #BinanceLaunchpool $BTC
The world’s largest cryptocurrency rose 5.8% in the past 24 hours to $70,987.1 by 01:08 ET (05:08 GMT).
But world no.2 token Ether was the star performer on Tuesday, surging 17% to a 1-½ month high of $3,656.01.
Ether surges as report says SEC asks ETF applicants to update key filings
A report from Coindesk showed that the U.S. Securities and Exchange Commission asked applicants for spot Ether ETFs to update some key filings, ahead of a key deadline for the approval of the funds later this Thursday.
While the report said that there was still no guarantee that the regulator will approve the ETFs, it did mark some progress towards an eventual approval.
Bloomberg analysts Eric Balchunas and James Seyffart updated their expectations for a spot Ether ETF approval to a 75% probability from 25%, citing the Coindesk report and stating that the SEC could be “doing a 180” on a potential approval.
The SEC was seen largely averse towards a spot Ether ETF, especially as recent reports said the regulator was also pursuing action against the EthereumFoundation over Ether’s potential nature as a security.
But a spot ETF approval could trigger a similar rally in Ether as it did for Bitcoin earlier in 2024, where the token surged to a record high on increased capital inflows as institutional investors piled into the ETFs.#ETHETFS #btc70k #BTC #BinanceLaunchpool $BTC
BTC Technical Analysis ‼️
-#BTC If Bitcoin fails to rise above the $52,800 resistance zone, it could start another downside correction in the near term.Immediate support on the downside is near the $51,500 level and the trend line.The first major support is $50,550 and the 50% Fib retracement level of the upward move from the $48,240 swing low to the $52,843 high. If there is a close below $50,500, the price could gain bearish momentum. In the stated case, the price could dive toward the $48,500support zone.Technical indicators:Technically Indicators are showing asHourly MACD - The MACD is now gaining pace in the bullish zone.Hourly RSI (Relative Strength Index) - The RSI for BTC/USD is now above the 50 level.Major Support Levels - $51,500, followed by $50,500.Major Resistance Levels - $52,500, $52,800, and $54,000.#Write2Earn #BTC #TrendingTopic. #STX $BTC
• The Beijing government published an energy saving implementation plan for 2024, in which it demanded a complete ban on cryptocurrency mining in the city, in
accordance with Chinese laws (cryptocurrency mining and trading in mainland China is prohibited from 2021)
Meanwhile, while the local stock market is falling for the third year, the Chinese are using gray schemes to buy BTC and other cryptocurrencies
Thanks to Hong Kong's pro-crypto policies, Chinese citizens have begun using their annual USD 50,000 quota (the maximum foreign currency purchase amount) to purchase crypto in Hong Kong, despite the fact that it can or' be used for overseas travel or education
#Write2Earn #TradeNTell #TrendingTopic #BTC
accordance with Chinese laws (cryptocurrency mining and trading in mainland China is prohibited from 2021)
Meanwhile, while the local stock market is falling for the third year, the Chinese are using gray schemes to buy BTC and other cryptocurrencies
Thanks to Hong Kong's pro-crypto policies, Chinese citizens have begun using their annual USD 50,000 quota (the maximum foreign currency purchase amount) to purchase crypto in Hong Kong, despite the fact that it can or' be used for overseas travel or education
#Write2Earn #TradeNTell #TrendingTopic #BTC
Bitcoin faces ‘sell the news event’ before 2024 BTC price all-time high
Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
#Write2Earn #TrendingTopic #BitcoinBullRally2024 #BTC #TradeNTell
Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
#Write2Earn #TrendingTopic #BitcoinBullRally2024 #BTC #TradeNTell
Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR
The app will be released in the second quarter, and the VR token price has surged 60% in the last 24 hours.
The crypto-meets-virtual reality (VR) developer Victoria VR says it's working to release the first metaverse app from a blockchain-related company on the Apple headset "Vision Pro."
The project's metaverse consists of "ultra-realistic graphics and immersive gameplay," which will be able to supplement Vision Pro's technologies, the company said in a statement on Friday.
The app is expected to be available in the second quarter of this year.
"It forms an elaborate digital environment that shows off the many capabilities of the Apple Vision Pro while simultaneously showcasing the power of Web3 technology," according to the release.
Apple's much-hyped first futuristic headset hit the shelf on Feb. 2 and would be its first foray into the virtual reality ecosystem. Despite fizzling interest in the metaverse, this isn't the first time a tech giant has delved into the VR sector. Vision Pro would be a competitor to tech giant Meta's (formerly Facebook) existing "Meta Quest" headset.
#Write2Earn #AppleVisionPro #bitcoin #PYTH #TrendingTopic
The app will be released in the second quarter, and the VR token price has surged 60% in the last 24 hours.
The crypto-meets-virtual reality (VR) developer Victoria VR says it's working to release the first metaverse app from a blockchain-related company on the Apple headset "Vision Pro."
The project's metaverse consists of "ultra-realistic graphics and immersive gameplay," which will be able to supplement Vision Pro's technologies, the company said in a statement on Friday.
The app is expected to be available in the second quarter of this year.
"It forms an elaborate digital environment that shows off the many capabilities of the Apple Vision Pro while simultaneously showcasing the power of Web3 technology," according to the release.
Apple's much-hyped first futuristic headset hit the shelf on Feb. 2 and would be its first foray into the virtual reality ecosystem. Despite fizzling interest in the metaverse, this isn't the first time a tech giant has delved into the VR sector. Vision Pro would be a competitor to tech giant Meta's (formerly Facebook) existing "Meta Quest" headset.
#Write2Earn #AppleVisionPro #bitcoin #PYTH #TrendingTopic
The identity of the creator of Bitcoin, known by the pseudonym Satoshi Nakamoto, remains unknown. Satoshi Nakamoto introduced Bitcoin in a 2008 whitepaper and was actively involved in the early development of the cryptocurrency. However, Nakamoto's true identity has never been revealed, and they have since stepped back from public view. The mystery surrounding Satoshi Nakamoto has led to various speculations, but the person's identity remains one of the most significant mysteries in the cryptocurrency world.
#BitcoinForAll #bitcoin #TrendingTopic #fomc #Write2Earn
#BitcoinForAll #bitcoin #TrendingTopic #fomc #Write2Earn
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
.
.
.
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
.
.
.
India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry.
The nation's finance minister Nirmala Sitharaman revealed the budget in parliament on Thursday as usual. Expectations were low for a change in the stiff taxes on crypto transactions, which include a 30% tax on profits and a 1% TDS on all transactions. However, there was a glimmer of hope because of efforts from the domestic crypto industry and a study from a think tank pushed hard for a reduction in the TDS.
India's crypto industry has urged the government to reduce the 1% TDS to 0.01% ever since it was first announced two years ago. Indian crypto exchanges have been in survival mode, trying to extend their runways in response to the 1% TDS.
Dilip Chenoy, the chairman of the Bharat Web3 Association, the policy body advocating for India's Web3 sector, said given this is an interim budget we didn't expect any big movement but "we are eagerly anticipating changes to be announced post-elections."
"High TDS and income tax rates continue to be hurdles which have caused both creators and consumers to move out of India," Chenoy said. "This migration has significantly affected the prospects of Web3 in India. We have and will continue highlight such concerns to key stakeholders.”
#BTC #TradeNTell $BTC #ETH #sol
.
.
.
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
.
.
.
India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry.
The nation's finance minister Nirmala Sitharaman revealed the budget in parliament on Thursday as usual. Expectations were low for a change in the stiff taxes on crypto transactions, which include a 30% tax on profits and a 1% TDS on all transactions. However, there was a glimmer of hope because of efforts from the domestic crypto industry and a study from a think tank pushed hard for a reduction in the TDS.
India's crypto industry has urged the government to reduce the 1% TDS to 0.01% ever since it was first announced two years ago. Indian crypto exchanges have been in survival mode, trying to extend their runways in response to the 1% TDS.
Dilip Chenoy, the chairman of the Bharat Web3 Association, the policy body advocating for India's Web3 sector, said given this is an interim budget we didn't expect any big movement but "we are eagerly anticipating changes to be announced post-elections."
"High TDS and income tax rates continue to be hurdles which have caused both creators and consumers to move out of India," Chenoy said. "This migration has significantly affected the prospects of Web3 in India. We have and will continue highlight such concerns to key stakeholders.”
#BTC #TradeNTell $BTC #ETH #sol
Bitcoin price prediction 2025
The Bitcoin price prediction for 2025 is currently between $ 29,268 on the lower end and $ 149,245 on the high end. Compared to today's price, Bitcoin could gain 247.57% by 2025 if BTC reaches the upper price target.
#BitcoinPrice2024 #BitcoinPricePredictions $BTC
The Bitcoin price prediction for 2025 is currently between $ 29,268 on the lower end and $ 149,245 on the high end. Compared to today's price, Bitcoin could gain 247.57% by 2025 if BTC reaches the upper price target.
#BitcoinPrice2024 #BitcoinPricePredictions $BTC
En son kripto haberlerini keşfedin
⚡️ Kripto dünyasındaki en son tartışmaların bir parçası olun
💬 En sevdiğiniz içerik üreticilerle etkileşim kurun
👍 İlginizi çeken içeriklerin keyfini çıkarın
E-posta / Telefon numarası
Öne Çıkan Konular
BinanceTurns7
1.2M görüntüleme
350 Yayınlar
#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
Binance Square Official
1.1k Beğeni
44.2k görüntüleme
BinanceTournament
4.1M görüntüleme
1,443 Yayınlar
Binance
137.8M görüntüleme
46,032 Yayınlar
