Lula Government's Tax Reform will affect your Bitcoin!! Brazil is among the leading countries in the world in the adoption of cryptocurrencies. Here, the arrival of crypto assets impacted the minds of the Central Bank, which, inspired by the DeFi ecosystem, developed Drex, the country's CBDC. However, with the growth and popularization of virtual assets, the Federal Revenue Service understood that it was time to take its 'share' in this business and, with that, since 2017, the regulator has been attentive and active in this market, going from the 'recommendation' of reporting cryptocurrencies in income tax, to the obligation, followed by a fine and Malha Fina. Now, with the Tax Reform, a lot will change, but the Government has already made it clear: operations with cryptocurrencies and digital assets will be subject to taxes.
$BANANA is just reaching its resistance level at $50.00! 📈 The price is currently at $45.39, just one step away from the major resistance mark. A break above it could signal strong bullish momentum! Stay alert for potential entry points. 📊
Binance (2024-08-14) The global cryptocurrency market cap is $2.14 trillion, up 3.01% over the past day, according to data from CoinMarketCap. Bitcoin (BTC) has been trading between $58,393 and $61,578 over the past 24 hours. At 09:30 AM (UTC) today, BTC is trading at $60,907, up 3.26%. Most of the top cryptocurrencies by market cap are trading higher. Outperformers include BANANA, HOOK, and QKC, up 27%, 19%, and 16%, respectively.
🔔 Binance Square Community, We are excited to announce another Live Audio Session on: Topic: The Role of AI in Crypto Trading Date: August 14, 2024 Time: 10:00 UTC - 11:00 UTC Platform: Binance Square Official 🗣️ Join us to explore how AI is transforming crypto trading. Learn valuable insights, get informed, and engage in discussions with our experts! 💬 Ask questions and share giveaways worth US$$ 100! 🔔 Stay tuned for details of the Live Audio Square tomorrow. Don't miss out — join in and enrich your crypto knowledge!
Crypto Whale Buys $3.13 Million Worth of $PEPE In addition to their $PEPE E investments, the whale has also acquired other cryptocurrencies, including Ether ($ETH ). Over the past week, the whale has purchased a whopping 420 billion PEPE tokens on two separate occasions. They used approximately 3.13 million of #usdt USDT to purchase Pepe. The first purchase was made during the major cryptocurrency crash on August 5. The second purchase of the meme coin was completed just a few hours ago. The whale is not the only investor in the crypto industry looking to capitalize on market opportunities. Given the volatility of the crypto market, investors are often on the lookout for the right time to enter or exit positions to maximize gains. Today, the whale has acquired another chunk of PEPE, bringing their total investment in the token to approximately $3.2 million.
According to PANews, several significant token unlocks are scheduled for next week, involving cryptocurrencies such as Aptos (APT), The Sandbox (SAND), Arbitrum (ARB), and others. These unlocks will release substantial amounts of tokens into circulation, potentially impacting their market dynamics. Aptos (APT) is set to unlock approximately 11.31 million tokens on August 12 at 8:00 AM Beijing time. This represents 2.40% of its current circulating supply, valued at around $65 million. The Sandbox (SAND) will unlock approximately 205.6 million tokens on August 14 at 4:00 PM Beijing time, accounting for 9% of its circulating supply, with an estimated value of $54.5 million.
Don't rush into things, the crisis is not about cryptocurrencies, but rather a probable financial collapse, pointing to possible war scenarios and also political ones. Selling cryptocurrencies at this time, making negative profits, may be the worst option, especially since you have nowhere to invest. Scalping movements may make a lot of sense on these cloudy days, but it is also a risk. Waiting for a more consistent market position may be the most prudent option. You are not the one who made a bad investment, the entire market is collapsing, understand this and calm down to make the best decision!
Crypto burning involves permanently removing a certain amount of cryptocurrency from circulation. The advantages of crypto burning include: 1. Supply reduction: By reducing the total supply of the cryptocurrency, burning can create scarcity, potentially increasing the value of the remaining coins. 2. Increase in value: When supply decreases and demand remains the same or increases, the price can rise, benefiting cryptocurrency holders. 3. Rewarding holders: Burning can be used as a method to reward long-term holders by increasing the value of their holdings.
$1000SATS is on the rise, finding support at $0.00015 and now eyeing its first target of $0.000387 with a significant increase in trading volume. Expecting $BTC to continue the uptrend!
Investing in AI Cryptocurrencies not only provides a monetization opportunity but also allows investors to participate in cutting-edge technology. The integration of AI and blockchain is expected to redefine multiple industries, and those who invest early in these innovative technologies will be well positioned to capitalize on their long-term benefits. When considering these factors, AI cryptocurrencies represent a strategic and visionary investment option in the current financial landscape. Future Potential The future of AI cryptocurrencies is promising, with significant potential to revolutionize numerous industries. The combination of AI and blockchain can transform sectors such as healthcare, logistics and energy, offering smarter and more efficient solutions. Furthermore, adoption of AI cryptocurrency is expected to grow as more investors recognize its unique advantages and ability to generate attractive returns.
General Aspects of Artificial Intelligence Cryptocurrencies
1. Process Optimization 2. Predictive Analytics 3. Enhanced Security
Practical applications
1. Automated Trading. 2. Smart Decentralization 3. DApp Development
“Venezuela and Cryptocurrencies: A Delicate Dance between Innovation and Crisis”
Venezuela has a complex history with cryptocurrencies. In 2018, Nicolás Maduro's government launched the petro, a cryptocurrency backed by the country's natural wealth, such as oil, iron, gold and diamonds. However, after seven months, all operations with the petro were suspended due to a corruption scandal involving the state-owned oil company PDVSA. Estimated losses from these operations vary between US$13 billion and US$16 billion. Furthermore, cryptocurrency remittances have become essential to support Venezuelan families, representing around 6% of the country's GDP.
In Donald Trump's own words – a partial transcript of his Bitcoin 2024 speech
In Donald Trump's own words – a partial transcript of his Bitcoin 2024 speech
(The following excerpts from former President Donald Trump's speech — aided by AI transcription — focus on parts of his remarks in Nashville, Tennessee, in which he directly addressed cryptography and the industry.) Donald Trump: Our country is blessed to have the extraordinary talent, energy and genius represented in this room. He is truly a great genius. Not all of you, but most of you, many of you, this is the kind of spirit that built America. This is the spirit that will help us make America great again. That's what we're doing. I stand before you today full of respect and admiration for what the Bitcoin community has achieved. It's amazing, actually, I kind of tell my kids, it's amazing, because they do so much about - that's why they're so aware of it, much more so than people who are a little bit older. But I say this is the steel industry of 100 years ago, it really is. I think you're just in your infancy. I can see it happening. In just 15 years, Bitcoin has gone from being just an idea posted anonymously on an Internet message board to becoming the ninth most valuable asset in the world. Can you believe this? Is this right? That's a big deal. Think about it. It's already bigger than Exxon Mobil. It will soon be surpassing the entire market value of silver. Not bad with gold. How about gold? Let's go gold. …
🔵$SAGA $ETHFI $AEVO Technical updates and reviews 🔵
Saga: Saga is currently priced at $1.28, down 16% from its recent high of $1.55 and its recent low. This indicates strong selling pressure. The RSI is likely in oversold territory and the MACD is bearish. Saga is in a strong downtrend, with no signs of reversal yet. Consider selling if the price falls below $1.25, with a target of $1.15 and a stop loss at $1.40.
Ethfi: Ethfi is currently priced at $2.07, with a recent high of $2.40 and a low of $2.01. The RSI is likely in neutral territory while the MACD is bearish. Ethfi is in a downtrend, but the current price shows some resilience. Consider selling if the price drops below $2.01, with a target of $1.90 and a stop loss at $2.20.
AEVO: AEVO is currently trading at $0.46, down 14% from its recent high of $0.54 and its recent low. This indicates selling pressure. The RSI is likely in oversold territory and the MACD is bearish. AEVO is in a downtrend with no signs of reversal yet. Consider selling if the price drops below $0.45, with a target of $0.40 and a stop loss at $0.50. #BinanceTournament #Binance #bnb #ETH
Binance Square Scams: An Overview Be careful with the following scams on Binance Square: 1. Phishing scams: Scammers impersonate Binance support or trusted sources to extract sensitive information through fake emails, social media messages, or websites imitating the official Binance platform. 2. Ponzi and Pyramid Schemes: These scams promise high returns with little risk when recruiting new members. Early investors may receive returns, but these are actually investments from newer participants. 3. Pump and Dump Schemes: Scammers manipulate cryptocurrency prices through coordinated purchases and sales, creating excitement on social media and online forums to inflate prices. 4. Initial Fake Coin Offerings (ICOs) and DeFi Projects: Scammers create convincing websites and white papers to lure investors into purchasing tokens from non-existent or fraudulent projects. 5. Giveaway scams: Scammers promise free cryptocurrency in exchange for a small initial contribution, often using the names of well-known personalities or organizations to appear legitimate. 6. Social Media Impersonation: Scammers create fake profiles of influencers, celebrities or Binance employees to promote scams and direct followers to phishing sites or persuade them to send funds to their wallets. 7. Malicious bots and scripts: Automated bots and malicious scripts can manipulate market orders, create false trading volumes, or exploit vulnerabilities in trading algorithms.#scamalert#scamriskwarning#alert#BinanceTurns7#BinanceHODLerBANANA
$BTC $ETH $BNB #Binance #criptomoedas Markets are cyclical. Experiencing ups and downs is not uncommon. 📈 📉 It is important to have a long-term horizon when making investment decisions. Here's a reminder that it's only been 3 months since Bitcoin's recent halving.⚠️ Not financial advice. Always do your own research.
Ethereum Price Soars to $3,500 Again: Can Bulls Trigger a Bigger Rise?
On the rise $ETH $3,475.93 +0.39% Ethereum price gained pace above the $3,350 resistance zone. ETH has even tested $3,500 and is looking for more upside in the short term. Ethereum is showing strength and has tested the $3,500 level. The price is trading above $3,350 and the 100 hourly simple moving average. There is a bullish trendline forming with support at $3,320 on the hourly ETH/USD chart (data feed via Kraken). The pair may continue to rise above the $3,500 and $3,550 resistance levels.
$TRB Sounds strong. The way it confirms its $65 support and moves forward with substantial volume suggests we will reach our $124 target much sooner than expected if $BTC remains bullish. There have been 16x gains recorded in the recent rally.
$VTHO HO is staying very strong after taking an exceptional bomb. The way it's going, it looks like another rally is on the way. This time it will surpass $0.0048 in a shorter period of time. $VET will take the lead along with this. We have seen a 360% increase in profits in the past.
$CTSI Is showing its real potential. It established its primary support at around $0.12. It is now ready to cross our next target of $0.28 if Bitcoin remains bullish during this period. We saw a 610% increase in the previous rally.