Listen to this. Do not be told the story. You should be the one to tell the story...
It's just like the beginning of Bitcoin.
Good Day!
HanumankinĆ_Web3
--
šØ Ripple CEO Brad Garlinghouse revealed that #Ripple has secured partnerships with 100 banks to leverage #xrp for global payments.
The DeFi ecosystem on the XRP Ledger (XRPL) is poised for a significant breakthrough. CTF Token, the leading DeFi asset on #XRPL , is gaining substantial traction, bolstered by partnerships with major corporations like Amazon and Walmart.
With a potential $20 billion market cap, CTF Token could skyrocket from its current price of $0.92 to an impressive $748.50 per token. $XRP $XRP
Seems like the 10,000 BTC was all his holdings. Lol š guess the pizzas š were so pricey, the delivery guy retired to a yacht while my buddy still googling how to un-eat almost a billion dollar mistake! #HODL #ETHBreaks2k #BMTOnBinance #RippleVictory
BINANCE ACCOUNT BAN NOTICE: 6 Behaviors that Lead to PERMANENT BLOCK ā Avoid Now
ā ļø Binance does NOT give a second chance ā a single mistake can make you lose your account forever. Here are 6 PROHIBITED things if you don't want to "lose color" on the exchange: ā 6 Behaviors that Lead to PERMANENT BAN on Binance 1ļøā£ Having multiple unauthorized accounts Binance automatically detects duplicate accounts through IP, devices, and KYC information. It is allowed to use only 1 account, unless authorized by Binance (for example, business account).
Learn These 13 CandlesāAnd Youāll Never Face Losses Again! š„
Learn These 13 CandlesāAnd Youāll Never Face Losses Again! š„
If youāve ever stared at a candlestick chart wondering what the marketās trying to tell youāthis is your wake-up call.
Mastering candlestick psychology isnāt just a neat trick. Itās your edge. Candles donāt just show price⦠they tell stories. Stories of buyer strength, seller weakness, fear, greedāand most importantly, turning points.
Letās break it all down with 13 powerful candlestick patterns every trader must know.
Top 5 Bullish Candles ā When Buyers Step Up
1. Most Bullish
Look: Full green body, no shadows
Meaning: Buyers were in complete control from open to close. Strong momentum.
2. Reversal Bullish
Look: Long lower wick, small body
Meaning: Sellers pushed price down, but buyers stepped in with force. A powerful reversal signal.
3. Typical Bullish
Look: Green body with small wicks
Meaning: Solid upward momentum with minor resistance.
4. Neutral Bullish
Look: Small body, long upper and lower wicks
Meaning: Market indecision, but bulls still slightly in charge.
5. Weak Bullish
Look: Tiny green candle with shadows
Meaning: Slight buying pressure, but not convincing. Could go either way.
Top 5 Bearish Candles ā When Sellers Take Over
6. Most Bearish
Look: Full red body, no shadows
Meaning: Complete seller dominance. Bears owned the session.
7. Failed Bullish Attempt
Look: Long upper wick, red close
Meaning: Bulls tried to rally, but failed. A strong bearish sign.
8. Typical Bearish
Look: Red body with moderate wicks
Meaning: Bears taking the lead, buyers showing some resistance.
9. Neutral Bearish
Look: Small red body, long wicks
Meaning: Mixed emotions. Slight edge to the bears.
10. Weak Bearish
Look: Tiny red candle with shadows
Meaning: Sellers are losing steam. Watch for possible reversal.
3 Must-Know Dojis ā The Marketās Pause Button
11. Standard Doji
Look: Open and close are nearly identical
Meaning: Indecision. Buyers and sellers are evenly matched.
12. Long-Legged Doji
Look: Very long wicks, tiny body
Meaning: Volatility with no clear winner. Often seen before big moves.
13. Dragonfly/Gravestone Doji
Look: One long wick either above (Gravestone) or below (Dragonfly) the body
Meaning: Reversal potential. Watch the next candle for confirmation.
Conclusion: Trade the Emotion Behind the Candle
Each candlestick is a footprint left behind by bulls and bears. When you learn to interpret these footprints, you donāt just see priceāyou understand emotion.
Want to level up even more? Always combine candlestick patterns with trend context and volume. One candle can hint at a reversal, but the bigger picture confirms the story.
Did this guide help you? Smash that like, drop a comment, and share it with fellow traders!
$XRP #BREAKING: Teucrium to Launch First Leveraged XRP ETF in the U.S. After SEC Approval
In a landmark move for the crypto market, Teucrium has received SEC approval to launch the first-ever leveraged XRP ETF in the United States. This signals a significant shift in regulatory sentiment toward crypto-based investment vehicles and opens new doors for institutional and retail investors alike.
The leveraged ETF will provide 2x daily exposure to XRP, offering traders the opportunity to capitalize on short-term price movements of the popular digital asset.
This comes at a time when XRP has been gaining momentum in both price and adoption, especially after Ripple's partial legal victory over the SEC in 2023. With this new ETF, XRP joins the ranks of other major cryptos like Bitcoin and Ethereum, which already have several ETF options in the market.
Stay tuned ā this could be a game-changer for altcoin investment strategies.
Crypto taxes vary worldwide. Some countries treat crypto as property and charge capital gains tax, while others apply income tax. There are also countries that have no crypto taxes at all.
Taxable events include more than just selling. Trading, spending, or earning crypto through mining and staking can trigger taxes. Holding or transferring between personal wallets is usually tax-free.
Regulations are still evolving. Governments are introducing clearer tax rules and stricter reporting requirements, so itās important for crypto traders and investors to stay updated.
Introduction
Cryptocurrency taxes work differently depending on where you live. While some countries charge high taxes on crypto, others donāt tax it at all. Each government has a different set of rules for classifying crypto, which affects how much tax you need to pay.Ā
How Are Cryptocurrencies Taxed?
Most countries tax crypto based on how you use it. In many places, itās treated like property or an investment asset, meaning capital gains tax applies when they are sold or traded (the same way as stocks). There are countries that also charge income tax if you earn crypto through mining, staking, or as payment for goods and services.
As mentioned, crypto taxation rules will vary from place to place. We will discuss some general rules before discussing different countries individually, but keep in mind that the information presented here is for educational purposes only. If you are unsure about your crypto tax situation, we recommend talking to a licensed tax advisor in your location.
When do you have to pay crypto taxes?
When trading or investing in crypto, common taxable events include:
Selling crypto for cash ā If you sell Bitcoin or other crypto for cash, you might owe taxes on any profit you make.
Trading one crypto for another ā Swapping one crypto for another is usually a taxable event (e.g., trading ETH for SOL).
Buying things with crypto ā Paying for goods or services with crypto is like selling it, so you might owe taxes.
Getting paid in crypto ā If you mine, stake, or get paid in crypto, itās usually taxed as income.
When you donāt have to pay taxes on crypto
Buying and holding crypto ā If you buy crypto and donāt sell it, thereās usually no tax involved.
Transferring between your wallets ā Moving crypto between personal wallets is generally tax-free.
How Different Countries Tax Crypto
United States
The Internal Revenue Service (IRS) treats cryptocurrency as property. This means capital gains tax applies when crypto is sold, traded, or spent. The tax rate depends on how long the crypto is held:
Short-term gains (held under a year) ā Taxed like regular income (10% to 37%).
Long-term gains (held over a year) ā Taxed at 0%, 15%, or 20%, depending on your income.
If crypto is earned as income, such as through mining or staking, it is subject to income tax at the personās regular tax rate. The IRS also requires crypto brokers to report transactions on Form 1099-DA starting in 2025.
Crypto losses can be used to offset gains, and investors can deduct up to $3,000 per year against ordinary income.
Canada
Canada treats crypto as a commodity, and taxes depend on how you use it:
Selling or trading crypto ā Capital gains tax applies, but only 50% of the profit is taxable.
Earning crypto ā Considered business income and taxed at rates up to 33% federally plus provincial taxes.
Losses from crypto trades can help reduce your taxable income in future years.
United Kingdom
The UK treats crypto as property. Capital gain tax applies and varies according to your income bracket:
Basic rate taxpayers ā 10% tax on gains above the annual allowance (Ā£3,000 from 2024 onward).
Higher rate taxpayers ā 20% tax on gains.
If you earn crypto through mining, staking, or as payment, itās taxed as income. You can also use losses to reduce your taxable gains.
Australia
In Australia, the Australian Taxation Office (ATO) considers crypto as property and applies capital gains tax when you sell or trade it:
Short-term gains (less than a year) ā Taxed as regular income (up to 45%).
Long-term gains (over a year) ā Get a 50% tax discount.
Earning crypto is treated as income, and tax rates depend on the individualās earnings. Crypto losses can also be carried forward to offset future gains.
Japan
Japan has one of the highest crypto tax rates in the world. The government classifies crypto gains as miscellaneous income, meaning:
Tax rates range from 15% to 55%, depending on income.
Losses canāt be used to reduce other taxable income.
Japanās tax structure makes it less attractive for crypto investors. However, some reforms are being discussed to make the system more favorable for long-term investors.
Countries That Donāt Tax Crypto
Some countries do not tax crypto at all, making them popular among investors. Examples include the United Arab Emirates, Malta, and the Cayman Islands.
United Arab Emirates (UAE)
The UAE doesnāt charge personal income tax or capital gains tax on crypto. However, businesses dealing with crypto may be subject to a 9% corporate tax.
The UAE has positioned itself as a crypto-friendly hub, attracting many blockchain enthusiasts and companies.
Malta
Malta offers a 0% tax rate on long-term crypto gains but applies income tax (15%-35%) on short-term trades. The country is known for its clear regulatory framework, which encourages crypto businesses to operate within its jurisdiction.
Cayman Islands
The Cayman Islands has no income, capital gains, or corporate taxes on crypto, making it a tax haven for investors. The region has become a popular location for crypto hedge funds and blockchain startups.
Whatās Next for Crypto Taxes?
Crypto taxes are changing as governments try to catch up with the industry. Some key trends include:
Clearer regulations ā More countries are setting clear tax rules for crypto investors.
Stronger reporting requirements ā Many governments are requiring crypto exchanges to report user transactions to tax authorities.
Global tax standards ā There may be international guidelines in the future to prevent tax evasion.
As rules change, itās important to stay updated on your countryās tax laws to avoid penalties.
Closing Thoughts
Crypto taxes vary a lot depending on where you live. Some places have high taxes, while others donāt tax crypto at all. If you invest or trade crypto, make sure you know your countryās tax rules. Keeping track of transactions and consulting a tax expert can help you stay compliant and avoid unnecessary fines and penalties.
Understanding crypto taxes doesnāt have to be complicated. With the right information, you can make smart financial decisions and avoid surprises when tax season comes around.
Further Reading
How Is Cryptocurrency Taxed?
Crypto Day Trading vs. HODLing: Which Strategy Is Best for You?
How to Trade Crypto Responsibly
Disclaimer: Binance does not provide tax or financial advice. Depending on the country's tax framework, when you trade commodities and the event produces capital gains (or losses), you may have to pay taxes. The regulatory framework for taxation of cryptocurrencies differs from country to country, hence we strongly advise you to contact your personal tax advisor for further information about your personal tax circumstances. It is your personal responsibility to select the correct tax jurisdiction that applies to you.
This article is for educational purposes only. This content is presented to you on an āas isā basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
RUMORšØ
Bank of England explores Rippleās inter-ledger protocol for synchronized RTGS payments
Read
1/3
The Bank of England (BoE) has successfully conducted a Proof of Concept (PoC) in collaboration with Ripple, testing the application of Rippleās Interledger Protocol (ILP) for synchronizing Real-Time Gross Settlement (RTGS) payments across different currencies. This initiative aims to enhance the efficiency and security of cross-border payment flows between distinct financial systems. During the PoC, the BoE experimented with Rippleās ILP to facilitate coordinated cash movement between two simulated RTGS systems, addressing the need for seamless international transactions. Given that RTGS has served as a reserve system for nearly three decadesāallowing financial institutions to maintain Pound Sterling accounts and enabling instant, risk-free payment exchangesāthe BoE has been exploring ways to improve this systemās capabilities. Rippleās ILP emerged as a potential technical solution for the synchronization of cash transfers in future RTG 2/3
The collaboration between the BoE and Ripple signifies a major step toward optimizing cross-border settlements and increasing Rippleās visibility in global finance. The BoE has previously expressed interest in exploring digital currency solutions, including the potential development of a Central Bank Digital Currency (CBDC) for the UKāthough no specific technology was endorsed in the bankās initial publications. However, the successful use of Rippleās ILP in the recent PoC suggests growing confidence in Rippleās technology and its potential role in shaping future financial infrastructure. This recognition not only strengthens Rippleās credibility but also opens up numerous opportunities for further collaboration, helping Ripple establish a more significant global presence 3/3
Over the past year, Ripple Labs has made significant strides in expanding its ecosystem and innovating within the financial sector. From the launch of Ripple USD (RLUSD)āa U.S. dollar-backed stablecoin designed to promote financial inclusionāto partnerships like the one with BDACS for on-chain custody solutions, Ripple has been pushing the boundaries of digital finance. Its global influence continues to grow, as evidenced by Saudi Arabiaās National Commercial Bank (NCB) joining RippleNet. Furthermore, Rippleās ambitious moves into tokenization, including the creation of a $3.8 billion tokenized money market fund on the XRPL, underscore its mission to revolutionize the digital asset industry. As Ripple continues to drive innovation, its expanding ecosystem positions the company at the forefron #BTCNextATH #UkraineRussiaCeasefire #AltcoinETFsPostponed #USTariffs #MarketRebound $BTC
Entire Banking system may collapse in the near future
Banks are desperately launching stablecoins to survive
Stables process more than Visa and Mastercard for now
Here's what the future holds for banks and how to preparešš§µ
26.02.2025: A turning point in finance
ā Bank of America is now forced to launch its own stablecoin
ā The same bank that warned against crypto just months ago
ā Now they have no choice but to adapt
ā Hereās why this changes everything
ā 3
ā Traditional finance is drowning in inefficiencies
ā Banks are burning $149.6B on salaries alone, with no way to sustain it
ā Crypto platforms operate at a fraction of that cost - just 1%
ā And the most shocking part is still ahead
ā 4
ā The banks that once mocked crypto are now rushing to adapt
ā They dismissed it, but now theyāre desperately trying to keep up
ā Why? Because they witnessed something they canāt ignore
ā Stablecoins moved $33 trillion - surpassing Visa and Mastercard combined
ā And the transformation is just beginning
ā 5
ā A groundbreaking stablecoin bill has just been introduced
ā This isnāt just regulation - itās a shift in the financial landscape
ā A new era of digital money is unfolding right now
ā And the smart money is already making its move
ā 6
ā Charles Schwab is diving into digital assets, signaling a major shift
ā JP Morgan, Bank of America and Citi are rushing to launch their own stablecoins
ā Behind the scenes, banks are scrambling to keep up with the new reality
ā Theyāre not adopting crypto by choice - theyāre being forced into it
ā The system they built is crumbling, and they know it
ā 7 Why banks want to create their stables?
ā Banks are rushing to launch stablecoins, but not by choice
ā Hereās why they have no other option:
ā $33T in stablecoin transactions last year - more than Visa & Mastercard ā Crypto payments are instant & nearly free, banks canāt compete ā Governments are legalizing stablecoins, forcing banks to adapt ā Loss of monopoly on money transfers ā stablecoins bypass SWIFT, cutting fees and eliminating delays
ā If they donāt move fast, they risk becoming obsolete
ā 8
ā The old financial system is failing in real-time
ā Burdened by high costs, delays, and inefficiencies
ā DeFi is proving a faster, cheaper alternative
ā The transition is no longer a question of if, but when
ā 9
ā Banks limit access, charge high fees, and move money slowly
ā Stablecoins provide fast, cheap, and borderless transactions
ā No more banking hours - your money is always accessible
ā A financial shield against currency devaluation
ā 10
ā Stablecoins arenāt optional anymore - theyāre the future of finance
ā Even Bank of Americaās CEO admits their inevitability
"It's pretty clear there's going to be a stablecoin... and we'll be able to move them back and forth because now it hasn't been legal for us to do it."
Future of banks
ā The future of banking is inevitable - fully digital, decentralized, and automated
ā Traditional banks will either integrate with crypto and DeFi or fade into irrelevance
ā Stablecoins, tokenized assets, and smart contracts will replace outdated systems
ā The institutions that adapt will survive, those that resist will collapse
With that being said and as i talked about the future i have to share with you thisš
If youāre serious about long-term gains in crypto, focus on true innovationābecause thatās where real opportunities are found.
Thatās why I believe in MPG $LUNAR.
Institutional interest is rising, and market conditions are aligning for an altcoin surge. While many projects make bold claims, MPG $LUNAR delivers tangible progress and real innovation.
What makes MPG $LUNAR different? Overlord AI ā Transforming Game Development Converts simple text prompts into detailed 3D environments in minutes, drastically reducing development time. Fully integrated with Unreal Engine, enabling seamless world-building at unprecedented speed. This isnāt just an improvementāitās a fundamental shift in how games are created.
AI-Powered NPCs ā Next-Level Interaction Z-DAY is the first Web3 game featuring dynamic NPCs that understand voice commands and adapt in real time. Supports over 65 languages, allowing for natural conversations and an immersive global experience. A step forward in gaming that enhances both engagement and realism.
Live Products & Continuous Innovation Z-DAY is live, with campaign mode available now and Battle Royale & Co-Op modes launching soon. Two mobile games, SushiMoonshi and Space Pump, are already on the market. Overlord AI is actively setting new standards for game development efficiency. This is not just a visionāitās a working ecosystem.
Strong Fundamentals & Transparent Growth Self-funded from the start, with no VC backing, presales, or team token allocations. Deflationary tokenomics, with 9.4% of the total supply already burned, creating long-term scarcity. A project built on resilience, not hype.
Strategic Positioning in Web3 Part of Neo Tokyo, an elite network of innovators and industry leaders. This provides access to high-level partnerships and resources, strengthening MPGās position in the AI and gaming space.
Currently, MPG $LUNAR has a market cap of $4.3Māa level where many groundbreaking projects have seen exponential growth.
With altcoin season approaching and AI gaming gaining momentum, this is a prime moment to explore what MPG is building.
For those who prioritize real utility, live products, and disruptive technology, this is an opportunity worth considering.
See why MPG $LUNAR is shaping the future of gaming and blockchain.
How to buy LUNAR #WhiteHouseCryptoSummit #MtGoxTransfers #USJobsSlump #BBWDocuSeries #TrumpCongressSpeech
šØBREAKING šØ Trump says cryptocurrency 'strategic reserve' includes XRP, SOL and ADA
U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."
šŗšøš° U.S. Residency for $5 Million? Trumpās Controversial āGolden Cardā šāļø
Donald Trump has introduced a new program allowing the wealthiest individuals to obtain U.S. residency in exchange for a $5 million investment. šµāØ
š“ The problem? The Financial Action Task Force (FATF/GAFI) has warned that similar programs in other countries have been used for money laundering and corruption. š°š¼ Oligarchs, corrupt politicians, and shady business figures have taken advantage of these schemes to move their wealth with little scrutiny.
ā ļø While many immigrants face long and difficult processes, the wealthiest could simply "buy" their residency, potentially undermining the integrity of the U.S. immigration system.
š What do you think? Is this a smart strategy to attract investment or an open door to corruption? Drop your thoughts below! ā¬ļøš„
Binance Opens Community Voting for Pi Network (PI) Listing ā Hereās How to Vote
Published On-Ā Mon, February 17, 2025 | 04:28 PM GMT [Updated On - Tue, Feb 18, 2025 | 06:18 AM GMT] Pi Network (PI), the mobile-based cryptocurrency project that has been in development for six years, is becoming the hot topic now. Following the February 12 announcement confirming that its mainnet will officially launch on February 20, excitement around the project has skyrocketed. Since the announcement, several major exchanges, including OKX, Bitget, MEXC, and Gate.io, have stepped up to support PI by preparing for potential listings. However, one major exchange was still missing from the pictureāBinance. Binance Puts Pi Network Listing in the Hands of the Community The Pi community has been actively pushing for Binance to list PI, and now, the exchange has responded. In its latest update, Binance has launched a community vote, asking users directly: āShould PI be listed on Binance?ā
Source: @binance (X) This gives Pi supporters a chance to make their voices heard and potentially influence one of the biggest listing decisions for the token. How to Vote for Pi Network (PI) on Binance If you want to take part in the vote, hereās how you can do it: Go to Binance Square ā Visit Binance's official Square account here to access the poll. If you already have a Binance account, you can directly vote. However, if you donāt have an account, youāll need to sign up first to participate in the voting.Cast Your Vote ā Choose "Yes" or "No" and share your thoughts in the comments.Voting Period ā The vote is open from February 17, 2025, 14:45 (UTC) to February 27, 2025, 23:59 (UTC). Strong Support from the Pi Community Within just 15 hours of the vote opening, a massive 85% of participants had already voted in favor of listing PI on Binance.
PI Listing Community Votes/ Source: Binance Square This overwhelming support highlights the strong demand for a Binance listing and could increase the likelihood of PI being added to the exchange soon. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
Today I want to share some of important points about pi coin because nowadays everyone is bullish on pi coin the key points to underline are Pi Coin has generated significant interest and hype, especially among cryptocurrency enthusiasts. This is a balanced view of the situation: Key Points About Pi Coin 1. Pi Network: Pi Coin is the native cryptocurrency of the Pi Network, a decentralized platform that aims to make crypto currencies more accessible and user-friendly. 2. Mobile Mining: Pi Network allows users to mine Pi Coins using their mobile devices, making it more inclusive and reducing the barrier to entry. 3. Community-Driven: Pi Coin has a strong community backing, with millions of users worldwide. Concerns and Risks 1. Lack of Transparency: There is limited information available about the Pi Network's development team, which raises concerns about accountability and trust. 2. Centralized Control: Some critics argue that the Pi Network's consensus algorithm, called the "Stellar Consensus Protocol," may be vulnerable to centralization and manipulation. 3. No Clear Use Case: Pi Coin's use case and potential applications are not well-defined, which may impact its long-term value and adoption. 4. Pump and Dump Risks: The hype surrounding Pi Coin may lead to pump and dump schemes, where prices are artificially inflated and then crash. While Pi Coin has generated significant interest, it's essential to approach this cryptocurrency with caution. The lack of transparency, potential centralization, and unclear use case raise concerns about its long-term feature so I want you to share your opinion on this situation Thank you š
šØ BRAD GARLINGHOUSE SAID THAT 100 BANKS HAVE JOINED RIPPLE TO UTILIZE #XRP FOR INTERNATIONAL PAYMENTS!
THE DEFI SPACE ON XRPL IS ABOUT TO TAKE OFF! š
CHECK OUT CTF TOKEN, THE LEADING DEFI PROJECT ON XRPL!THEYāVE JUST PARTNERED WITH AMAZON AND WALMART!
A $20 BILLION MARKET CAP COULD PUSH CTF TOKEN FROM $0.92 TO AN ASTOUNDING $748.50 EACH!UNBELIEVABLE!
AND WITH ONLY 119 MILLION TOKENS IN CIRCULATION, THATāS A TINY SUPPLY! IāM NOT WORRIED ABOUT A TRUMP TOKENāXRPL'S UTILITY IS VERY REAL! $XRP #MarketPullback
Trump Plans Executive Order to Prioritize Cryptocurrency
According to PANews, U.S. President-elect Donald Trump is reportedly planning to issue an executive order that designates cryptocurrency as a national priority. This initiative includes the establishment of a cryptocurrency advisory committee within the government to advocate for industry policies. Sources indicate that the order aims to guide government agencies in collaborating with the crypto sector, highlighting its strategic importance. Additionally, Trump's team is considering halting federal lawsuits related to cryptocurrency to foster industry growth.
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