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$BTC Digital Currency Definition BTC: According to the Ministry of Finance, digital currencies are defined as digital representations of value that are digitally stored and exchanged, but not considered legal tender. ency transactions are subject to taxation, with the government focusing on ensuring compliance with tax laws. strict regulations on cryptocurrencies, Vietnam has shown interest in blockchain technology, with potential applications in various sectors.
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#VietnamCryptoPolicy Vietnam's cryptocurrency policy has shown a mix of caution and openness. Here are some key points : Regulatory Framework: The State Bank of Vietnam (SBV) has issued several directives and circulars to regulate digital currencies, emphasizing the need for banks and payment intermediaries to enhance risk management systems related to digital transactions.
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#MetaplanetBTCPurchase Metaplanet's Bitcoin purchase plan is quite ambitious. Here's what we know so far : Current Holdings: Metaplanet currently holds 10,000 Bitcoin, valued at over $1 billion, making it the 7th largest publicly traded company with a Bitcoin treasury, surpassing Coinbase's 9,267 BTC.
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$BTC Bitcoin's price has been consolidating, and analysts are divided over its next move. Here's what's happening ,🔻 👉Current Price: Bitcoin is trading at $105,452.95, with a 0.41% increase. 👉Pullback Phase: Some analysts believe Bitcoin is nearing the final leg of its pullback after dropping to $105,000. Strong support exists between $92,703 and $105,314. 👉Resistance Levels: Bitcoin needs to break above $107,743 to trade higher. If it fails, it might retrace to $101,000. 👉Bullish Signals: Declining BTC reserves on centralized exchanges and increasing demand could drive the price up. 👉Bearish Signals: High leverage in the market and elevated basis yields might lead to a pullback. 🧧Possible Scenarios🧧: 👉Upside*: Bitcoin could surge past $110,624 and reach a new all-time high if buying pressure increases. 👉Downside: A drop to $92,219 is possible if bulls fail to drive the price up. 🧧Expert Opinions:🧧 👉Michaël van de Poppe: Believes Bitcoin needs to break above $106,000 to trade higher. 👉Alex Kuptsikevich: Thinks Bitcoin's longer-term bullish trajectory remains intact above $32,300. 👉Bitcoindata21: Suggests significant pullbacks are unlikely before reaching $150,000.
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#TrumpBTCTreasury hashtag is related to former US President Donald Trump's recent actions and statements about Bitcoin and cryptocurrency. Here are some key points: Trump's Bitcoin Holdings: Trump disclosed owning between $500,000 and $1 million in cryptocurrency, primarily Bitcoin, in a required financial disclosure. NFT Collection: Trump's second NFT collection, "Series 2," saw significant sales, although the floor price of his NFTs has decreased. Cryptocurrency Policy: Trump's stance on cryptocurrency has shifted, with him now expressing support for Bitcoin and criticizing President Biden's regulatory approach. Bitcoin Treasury Proposal: Trump has proposed the idea of creating a Bitcoin treasury, which would involve the US government holding Bitcoin as a reserve asset.
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