Kimchi Premium: Central Bank may make Bitcoin up to 10% more expensive in Brazil and implement IOF.
The Central Bank of Brazil is considering implementing new regulations for the cryptocurrency market, including charging IOF (Tax on Financial Operations) on transactions with stablecoins and requiring exchange licenses for companies operating with digital assets. These measures aim to align the virtual asset sector with traditional financial regulations, promoting greater transparency and control. However, experts warn that the creation of a “local book” on exchanges, where buy and sell orders would be carried out only by Brazilians, could result in a phenomenon known as “Kimchi Premium”. This phenomenon occurs when the price of Bitcoin in Brazil is 2% to 10% higher than the global average, due to lower local liquidity and greater potential for price manipulation.
If you think it's expensive, look at it in a year.
Demetrice Goshow kHuw
--
what do you advise me to buy ???? don't tell me bitcoin because the current price is too high and I want to make a margin of at least 20% on the 1000 usdc that I own
There is a scam where you have to add crypto to pay the network fee to transfer the crypto from the wallet, but when it is deposited it is already sent to another wallet. ++
📉Why did the dollar fall to 6.11 reais on 06/01/2025? 📊
The US dollar fell on Monday, in a day marked by volatile trading, due to contradictory information about the intensity of the tariffs planned by US President-elect Donald Trump upon taking office.
Initially, the US currency fell by up to 1.07% against a basket of major currencies, after the Washington Post reported that Trump's advisers were considering imposing tariffs on all countries, but only in sectors considered crucial to national or economic security. This perspective eased concerns about broader and more severe tariff measures.
However, the dollar reduced its losses after Trump denied the report in a post on the social network Truth Social.
“Trump’s statements on Truth Social will continue to drive volatility in the forex market for some time to come, and this morning’s reaction reflects that dynamic,” said Karl Schamotta, chief market strategist at Corpay.
“The market consensus is that Trump’s threats may outweigh his actual actions. Any news that supports this view tends to favor risk assets, putting pressure on the dollar and Treasury yields. However, downside risks remain, with no clear outcome in sight.”
The dollar index (DXY), which measures the greenback against a basket of peers, fell 0.64% to 108.26, while the euro (EURUSD) rose 0.76% to $1.0386. The dollar was on track for its biggest one-day percentage drop since Nov. 27, with the euro headed for its biggest one-day gain since Aug. 2.
The dollar index hit a two-year high of 109.54 last week, marking a five-week winning streak. The resilience of the economy, the potential for higher inflation due to tariffs and the possibility that the Federal Reserve will slow the pace of rate cuts have supported the greenback.
🔮 What do some analysts expect from $ETH in 2025? 🔮
Bitwise Asset Management: Bitwise projects that Ethereum could reach $7,000 by 2025, reflecting significant growth from current levels. 
• LiteFinance: Estimates that the value of ETH could increase to levels between $7,223.05 and $8,232.65 over the next year.  • Traders Union: Predicts that the price of ETH could reach $4,025.23 by the end of 2025, with expectations of reaching $5,900.58 by the end of 2029.  • Bitget: Estimates that, in 2025, the price of Ethereum will reach $3,967.34, with a cumulative return on investment of +7.59%. . • • Gate.io: Suggests that by 2025, Ethereum could reach an average price of $3,684.48, with an expected maximum of $4,826.66. 
🔮 Which prediction do you think is most realistic for this year 2025? 🔮
For me, the most realistic are Bitget and Gate.io. 
🚨 Unmissable News! Binance Megadrop is live! 🚨 It's time to take advantage of Megadrop and earn $SOLV (Solv Protocol) in a simple and passive way. Check out how to participate: • Make a minimum deposit of 0.05 BNB on Megadrop. • Receive rewards in $SOLV while your BNB stays invested! This is an incredible opportunity to easily strengthen your portfolio. 🌟 Don't waste time - this offer is for a limited time. Take advantage and earn your rewards right now! 🙌 #BinanceMegadropSolv $BNB
In 10 years it may not even exist anymore, if the goal is in 10 years there should be BTC, ETH and a little Solana
maiquito
--
I don't understand much, but I'm studying about different types of investments, but I've always liked Doge, do you think that if I leave this amount in the long term, how much should I earn in 10 years?
Tax should only be paid if you sell the crypto, right?
Danielmourabtc
--
The IRS requires you to declare your cryptocurrency transactions. This includes the purchase, sale, and exchange of digital assets.
* Legal obligation: It is the citizen's duty to report all sources of income. * Avoid problems: Failure to declare can lead to fines and other problems with the tax authorities.
What needs to be declared?
* All transactions: Purchase, sale, exchange, and even possession of cryptocurrencies. * Values: The acquisition and sale value of each asset. * Platforms: Where you carry out your transactions (e.g., brokerages, exchanges).
When to declare?
* Monthly: If the value of your transactions exceeds R$35,000 in one month.
* Annually: In the Income Tax return, reporting all your transactions throughout the year.
How to declare?
* e-CAC Portal: Access the IRS portal and fill out the specific form for declaring transactions with crypto assets.
Important: * Acquisition costs: Report the total amount paid for each cryptocurrency, even if you purchased it at different times.
* Capital gains: If you sell a cryptocurrency for more than you paid for it, you will have a capital gain and will have to pay tax on it. * Fine: Failure to declare or making an incorrect declaration may result in fines. Where can I find more information? * Federal Revenue Portal: Visit the Federal Revenue website for more detailed and specific information on declaring cryptocurrencies. * Accountant: Consult an accountant to clarify any doubts and ensure that your declaration is correct. Remember: Tax legislation is constantly updated. Therefore, it is important to seek updated information before filing your declaration.$BTC
So, are you going to declare your cryptocurrencies? Leave your comment here.
Did you sell your physical subscription for 300 reais? Something that only you have?! Otherwise, transfer it to Binance now that you've done this stupid thing.
Not even in your dreams does $XRP have that much potential in 2025. In fact, it has potential, but not that.
PRO TRADER X
--
Bullish
🔥THIS ALTCOIN WILL 500× IN 2025⁉️ ✅BECOME MILLIONAIRE THIS YEAR🤑
January is well known as month of the pump for whole crypto market. All altcoins will pump, but this bull market biggest potential have those still relatively cheap coins.💰
COIN WITH 500× POTENTIAL IN 2025💥✅ 1 AND ONLY $XRP 🎉
$XRP is still cheap at 2.44 building insane momentum. 🤫 XRP is not just great on the charts but in the real world too.📈 If you don't know actually stands behind a system of transferring money from place to place without MIDDLEMAN included As more and more countries, banks, and cities adopt XRP the value of XRP rises.🤑 XRP had some regulatory problems that will be gone when TRUMP puts his man in SEC.💥 More than 80% of banks in JAPAN will adopt XRP in 2025💰🇯🇵.