$BTC at a key retracement point, will it be able to maintain its price above $90k? Everything will depend on the decision regarding interest rates. In the meantime, we prepare to buy if the price continues to fall.
#USHouseMarketStructureDraft The bill could transform the cryptocurrency market by providing a clear framework that drives adoption, investment, and prices, especially for digital commodities like Bitcoin. However, its success depends on overcoming political opposition and ensuring robust regulatory definitions. If approved, it could consolidate the U.S. as a leader in cryptocurrencies; if not, uncertainty will persist, affecting market confidence.
#FOMCMeeting the committee's decision will be key for the future of the market we must be prepared for any of the scenarios that the market may take depending on the decisions made in this committee.
Having cryptocurrencies is not illegal. Not declaring them when necessary, however, can be.
📌 1. Do I have to declare just for buying cryptocurrencies? No. If you simply buy and hold cryptocurrencies, you do not need to declare them in your income tax (IRPF) as long as you do not sell or exchange them for another crypto, euros, or another asset.
But you must take into account: If you use Binance or another foreign exchange and your wallet exceeds €50,000, you may be required to submit Model 721 (mandatory from 2024). 💰 2. When do I have to declare in the income tax? You must declare when you make profits, for example:
we are facing a possible correction in the price of $XRP let's hope that the support of $2.00 holds against the drop or otherwise we will see the price of $XRP hovering around $1.80. let's not panic and see the good side to buy.