Author: John Smith
Cryptocurrencies are becoming increasingly integrated into the modern financial reality, and like any other asset, they are subject to taxes. As a relatively new and rapidly growing asset class, cryptocurrencies attract increasing interest from investors and governments. As the global economy adapts to this digital innovation, countries take different cryptocurrency regulation and taxation approaches. How do cryptocurrency tax policies work around the world? Which countries require you to pay taxes on cryptocurrencies? In the United States, it is simply impossible not to pay taxes — the authorities are very strict about this and tax almost everything, including digital assets. Crypto…
BounceBit, the native Bitcoin restaking blockchain, is one of the cryptocurrency projects enjoying a bumper Santa rally as its token jumps over 16%. On Dec. 24, the price of BounceBit (BB) rose to above $0.43, and this came after the token’s dip in the past week, which saw bears push it to under $0.32. As Bitcoin’s (BTC) price recovered to above $97,000 amid a fresh holiday-driven bounce, BB reached a new seven-day high. These gains came a day after the BTC restaking platform announced a major partnership agreement with cloud computing giant Google Cloud. In their announcement, BounceBit and the Google cloud…
Pepe coin price joined other meme coins in a rebound as the Santa Claus rally happened on Christmas Eve. Pepe (PEPE), the third-biggest meme coin, surged in a high-volume environment as investors bought the recent dip. This rally happened as Bitcoin (BTC) jumped to $98,500, and the crypto fear and greed index approached the greed zone. Most cryptocurrencies rallied, with the market cap of all coins tracked by CoinGecko hitting a high of $3.60 trillion. Pepe had a 24-hour volume of $2.2 billion, while the futures open interest rose for the third consecutive day, reaching a high of $151 million.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple seems set for another boost during the New Year’s surge as DTX Exchange makes its investors happy with a 550% upside potential in 2025. The anticipation in the cryptocurrency market toward the New Year is rising. Ripple’s XRP price has recovered its upward trend as it reduced its fall over the past week to single digits. Many indicators hint at another dramatic rise soon. With the crypto markets reaching historic highs, XRP’s price has attracted new investors. The…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZ leads the pack in 2024’s crypto race, uniting sports and meme culture for explosive growth potential alongside rising stars like SUI, WIF, SHIB, and PNUT. Big changes are on the horizon for cryptocurrencies in 2024. Some digital coins could see their values skyrocket far beyond expectations. Investors are eager to find out which cryptos might offer the most profit. This article highlights top cryptocurrencies that could boost a portfolio and deliver impressive returns in the next year. Score…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto shifts focus to Lightchain AI, blending AI and blockchain at $0.003, with analysts eyeing it as the next big altcoin. After recent market corrections, crypto analysts are now on the lookout for the next big opportunity in digital currency. While Solana (SOL) and Ripple (XRP) seem to be stabilizing, the spotlight is shifting to Lightchain AI (LCAI), an up-and-coming altcoin priced at just $0.003. With its unique mix of artificial intelligence (AI) and blockchain technology, LCAI has been…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. As the next potential Bitcoin rally draws closer, several altcoins display massive potential for exponential growth. Rexas Finance is unique for its tokenization of real-world assets (RWAs), a novel paradigm set to reshape the investment space. Rexas Finance: The future of tokenized real-world assets Rexas Finance is tokenizing real-world assets such as…
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion. This rally happened after data showed that its NFT sales jumped by 40% in the last 24 hours to $1.38 million. It also rallied after a major whale continued accumulating more PENGU tokens. JasmyCoin (JASMY), popularly known as Japan’s Bitcoin, rose for the third consecutive day, and reached its highest level since December 8. This rebound happened even after a big whale moved Jasmy tokens worth…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solaxy gains momentum with a $4.5m presale, targeting Solana’s scalability issues with its smart Layer 2 solution and massive staking rewards. Solaxy (SOLX) is developing a Layer 2 solution to enhance the user experience on Solana, and investors are taking notice. Less than two weeks have passed since the presale started, and the project’s funds are just $419,000 away from the $5 million mark. Since the project is still in its early stages, investors have a chance to secure…
2024 has seen a dramatic surge in interest in meme coins, with almost a third of investor interest focused on speculative tokens rather than fundamental projects. In 2024, one narrative appeared to dominate the crypto space more than any other: meme coins. These tokens, often deemed as dumb coins made for jokes or community-driven projects, have captured more than 30% of global investor interest, according to the latest survey conducted by crypto price aggregator CoinGecko. Top crypto trends in 2024 | Source: CoinGecko In total, the meme coin narrative claimed 14.36% of global crypto narrative interest in 2024, nearly doubling…