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#BTCBackto100K
According to the research do by #CryptoCrunchapp They listed some countries according to the $BTC on their walletsas the countries.Now we can discuss about that. Because these numbers are very important to the volatility of the whole crypto market.These countries can influence the crypto market heavily because they hold $BTC and the BTC is the key member of crypto market.
According to the research most of $BTC is hold by 🇺🇸 USA , second place is going to China 🇨🇳 , third place is gone to UK 🇬🇧. The numbers are as follows.
USA 🇺🇸 - 207 189
China 🇨🇳 - 194 000
UK 🇬🇧 - 61 000
UKRAINE 🇺🇦 - 46 351
BHUTAN 🇧🇹 - 13 029
ELSALVADOR - 6002
FINLAND 🇫🇮 - 1981
VENEZUELA 🇻🇪 - 240
GEORGIA 🇬🇪 - 66
What will be the next country entering to crypto space?????
According to the research do by #CryptoCrunchapp They listed some countries according to the $BTC on their walletsas the countries.Now we can discuss about that. Because these numbers are very important to the volatility of the whole crypto market.These countries can influence the crypto market heavily because they hold $BTC and the BTC is the key member of crypto market.
According to the research most of $BTC is hold by 🇺🇸 USA , second place is going to China 🇨🇳 , third place is gone to UK 🇬🇧. The numbers are as follows.
USA 🇺🇸 - 207 189
China 🇨🇳 - 194 000
UK 🇬🇧 - 61 000
UKRAINE 🇺🇦 - 46 351
BHUTAN 🇧🇹 - 13 029
ELSALVADOR - 6002
FINLAND 🇫🇮 - 1981
VENEZUELA 🇻🇪 - 240
GEORGIA 🇬🇪 - 66
What will be the next country entering to crypto space?????
My 30 Days' PNL
2024-12-18~2025-01-16
+$4.42
+5.96%
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image of #cryptocrunchapp , this is the number $BTC that each country has, but what do I think and pay attention to? My beloved country does not have BITCOIN, hopefully it will follow later....
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Forbes Web3 Loyalty Platform: Blockchain Innovation with Potential Risks, Are You Ready?
Forbes Web3, in partnership with the Qiibee Foundation, is set to launch a blockchain-based loyalty platform designed to revolutionize the web3 community’s interaction with global brands. Launching later this year, the platform will allow users to securely and transparently earn, track, and redeem rewards.
Imagine collecting gift cards from Amazon and Apple, donating to charity, or redeeming airline miles, all through blockchain technology. With a decentralized system, users have full control over their rewards, ensuring fast and secure transactions. Forbes Web3 introduces a new way that increases consumers’ purchasing power while reflecting their personal values and interests.
Imagine collecting gift cards from Amazon and Apple, donating to charity, or redeeming airline miles, all through blockchain technology. With a decentralized system, users have full control over their rewards, ensuring fast and secure transactions. Forbes Web3 introduces a new way that increases consumers’ purchasing power while reflecting their personal values and interests.
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Switzerland Will Issue Global Crypto Tax Reporting Standards
Previously, the highest authority in Switzerland issued a public consultation regarding plans to adopt global standards for crypto tax reporting to ensure the same treatment as traditional assets.
The Federal Council, a group of seven members who collectively lead the Swiss government, intends to implement the Crypto Asset Reporting Framework (CARF) to increase tax transparency.
On May 15, the Federal Council launched a consultation paper to gauge public sentiment around joining the Automatic Exchange of Information (AEOI), a collaboration between international tax administrations to fight tax evasion. Switzerland's extension into the AEOI is currently scheduled for January 1, 2026.
The Organization for Economic Co-operation and Development (OECD) established AEOI and other initiatives for the Group of 20 (G20) countries, which were later expanded to include other countries.
Switzerland previously adopted the OECD Common Reporting Standards (CRS) in 2014, but ignored CARF, which regulates the handling of crypto assets and their providers.
"The implementation of CARF will expand Switzerland's progressive crypto market regulation and help maintain the credibility and reputation of the Swiss financial center," said Fewan Federal, quoted from Cointelegraph, Monday (20/5/2024).
However, implementation of CARF requires parliamentary approval and cannot be based solely on responses to consultation documents. By 2027, nearly 50 countries are expected to fully adopt CARF regulations to help each other fight money laundering.
Swiss federal authorities intend to bridge the gap in tax transparency mechanisms and ensure equal treatment of traditional assets and financial institutions.
#cryptocrunchapp
Previously, the highest authority in Switzerland issued a public consultation regarding plans to adopt global standards for crypto tax reporting to ensure the same treatment as traditional assets.
The Federal Council, a group of seven members who collectively lead the Swiss government, intends to implement the Crypto Asset Reporting Framework (CARF) to increase tax transparency.
On May 15, the Federal Council launched a consultation paper to gauge public sentiment around joining the Automatic Exchange of Information (AEOI), a collaboration between international tax administrations to fight tax evasion. Switzerland's extension into the AEOI is currently scheduled for January 1, 2026.
The Organization for Economic Co-operation and Development (OECD) established AEOI and other initiatives for the Group of 20 (G20) countries, which were later expanded to include other countries.
Switzerland previously adopted the OECD Common Reporting Standards (CRS) in 2014, but ignored CARF, which regulates the handling of crypto assets and their providers.
"The implementation of CARF will expand Switzerland's progressive crypto market regulation and help maintain the credibility and reputation of the Swiss financial center," said Fewan Federal, quoted from Cointelegraph, Monday (20/5/2024).
However, implementation of CARF requires parliamentary approval and cannot be based solely on responses to consultation documents. By 2027, nearly 50 countries are expected to fully adopt CARF regulations to help each other fight money laundering.
Swiss federal authorities intend to bridge the gap in tax transparency mechanisms and ensure equal treatment of traditional assets and financial institutions.
#cryptocrunchapp
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Hello everyone, this time I will explain to all of you the basic things or considerations that you need to pay attention to before entering the world of cryptocurrency investment, pay attention to the important points below.
To invest in cryptocurrency, there are several things you need to understand:
1. Basic Knowledge: You need to understand what cryptocurrency is, how it works, and the technology behind it, such as blockchain.
2. Risk: Investing in cryptocurrencies carries high risk due to large price volatility. You must be prepared to face significant value fluctuations.
3. Diversify: It is best not to invest your entire portfolio in cryptocurrency. Diversify your investments to reduce risk.
4. Safe Storage: You must understand how to store your crypto safely, either through a secure digital wallet or a trusted storage service.
5. Regulations: Understand the rules and regulations regarding cryptocurrency in your country, as these may affect your investment activities.
6. Research: Always do in-depth research before investing your money. Learn about a specific cryptocurrency project, its development team, and its uses.
7. Long-Term Outlook: Consider whether you are investing short-term or long-term, as well as what the future trends and projections are for the chosen crypto.
$BTC #Binance #Web3 #ContentMasteryChallenge01 #cryptocrunchapp
To invest in cryptocurrency, there are several things you need to understand:
1. Basic Knowledge: You need to understand what cryptocurrency is, how it works, and the technology behind it, such as blockchain.
2. Risk: Investing in cryptocurrencies carries high risk due to large price volatility. You must be prepared to face significant value fluctuations.
3. Diversify: It is best not to invest your entire portfolio in cryptocurrency. Diversify your investments to reduce risk.
4. Safe Storage: You must understand how to store your crypto safely, either through a secure digital wallet or a trusted storage service.
5. Regulations: Understand the rules and regulations regarding cryptocurrency in your country, as these may affect your investment activities.
6. Research: Always do in-depth research before investing your money. Learn about a specific cryptocurrency project, its development team, and its uses.
7. Long-Term Outlook: Consider whether you are investing short-term or long-term, as well as what the future trends and projections are for the chosen crypto.
$BTC #Binance #Web3 #ContentMasteryChallenge01 #cryptocrunchapp
wishing #BCCOIN tremendous success and growth in the ever-evolving world of cryptocurrency. May it pave the way for innovation, create valuable opportunities, and build a strong, supportive community #cryptocrunchapp
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$NOT
NOT is approaching a strong support level at $0.0075, which could prevent further declines. If this support holds, we could see a rebound as investors regain confidence. Currently, the downtrend line and the oversold RSI suggest a potential bounce.
Price Targets:
If NOT rebounds from $0.0075, immediate targets could be around $0.01 and $0.012. Watch these levels closely, as they could indicate the start of an uptrend
#Notcoinnews
#GravityAlphaMainnet
#BinancePizzaVN
#cryptocrunchapp
#btcupdates
NOT is approaching a strong support level at $0.0075, which could prevent further declines. If this support holds, we could see a rebound as investors regain confidence. Currently, the downtrend line and the oversold RSI suggest a potential bounce.
Price Targets:
If NOT rebounds from $0.0075, immediate targets could be around $0.01 and $0.012. Watch these levels closely, as they could indicate the start of an uptrend
#Notcoinnews
#GravityAlphaMainnet
#BinancePizzaVN
#cryptocrunchapp
#btcupdates
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