🌍 Top crypto tax-free countries for 2024
▶️ Here are the best countries offering tax-free benefits for crypto enthusiasts in 2024:
● El Salvador
● Puerto Rico
● Switzerland
● Georgia
● Malta
● British Virgin Islands
● Cayman Islands
● United Arab Emirates
● Hong Kong
● Malaysia
● Singapore
● Slovenia
🌟 Are you from any of these countries? Which one excites you the most for crypto investment? Let us know in the comments👇
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🔔 Crypto hacks drop 54.2% in June, resulting in $176M losses
◾️May saw the biggest crypto losses of 2024, with nearly $385 million lost due to hacks.
Have you ever lost money in a hack? If yes, share in the comments how it happened.
🥲 - Yes, lost money
👍 - No
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🔔 Binance adds monitoring tags to 11 tokens, warns of potential delisting
◾️Binance has added monitoring tags to the following tokens, which may face delisting:
- Balancer (BAL)
- Cortex (CTXC)
- PowerPool (CVP)
- Convex Finance (CVX)
- Dock (DOCK)
- Kava Lend (HARD)
- IRISnet (IRIS)
- MovieBloc (MBL)
- Polkastarter (POLS)
- Status (SNT)
- Sun (SUN)
◾️Tokens removed from the tag: Enzyme (MLN) and Horizon (ZEN).
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🔔 Sony Group acquires Amber Japan, enters crypto exchange field.
◾️Sony's businesses include games, music, cameras, etc., with a market value of more than $100 billion.
Does it make you feel bullish?
🔥 - Yes
🥲 - No
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🔔 21Shares files for spot Solana ETF.
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🔔 Crypto hacks and scams cause $573 million in losses in Q2
◾️ The crypto industry lost $573 million in Q2 due to hacks and fraud, a 70.3% increase from Q1's $336.3 million.
◾️ Top exploits: DMM Bitcoin ($305M) and BtcTurk ($55M) suffered significant losses.
Have you fallen victim to any crypto scams this year?
🥲 - Yes, I lost money
😁 - No, I kept myself safe
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😴 Dormant Bitcoin miner wallet activates after 14 years, moves 50 BTC ($3.05M) to Binance
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🪂 Blast airdrops 17 billion tokens; 35% claimed within hours
◾️ Blast has airdropped 17 billion BLAST tokens to early adopters, with approximately 35% already claimed.
◾️ BLAST is trading at $0.023, with a market cap of $390 million.
Did you receive any tokens from Blast?
🔥 - Yes, I received tokens
🥲 - No, I didn't receive any
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🔔 SEC Chair Gary Gensler says, Ethereum ETF process is ‘Going Smoothly’
◾️Some analysts believe the SEC could approve the funds for trading by early July.
💬 What do you think: Will the SEC approve the ETH ETF for trading in July?
🔥- Yes
🥲- No
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🔔 Solana introduces 'Actions' and 'Blinks' for easy crypto transactions on websites and apps
◾️“Actions” allow users to execute on-chain transactions across various platforms, including websites, social media and physical QR codes.
◾️“Blinks” a portmanteau of blockchain and links — which is able to turn any “Action” into a shareable link.
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🔔 German govt selling BTC again: transfers 400 BTC to Coinbase and Kraken
◾️Today, the German government transferred 400 BTC (approximately $24 million) to Coinbase and Kraken exchanges, sending 200 BTC to each platform.
◾️They still hold 46,359 BTC (worth $2.84 billion).
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But wait, what if GTA 5 was a skateboarding game... with an epic twist? 🤯🛹
Download some epic wallpapers!
Link: Click Here
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🔻 Bitcoin falls below $61K: over $100M liquidated in the last hour after Mt. Gox repayment news
What are your thoughts on this? Do you think Bitcoin will recover soon?
🔥 Yes, it will recover quickly
🥲 It might take some time to bounce back.
🤯 No, it could drop even further.
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🚨 Bitcoin drops below $63K
How low do you think BTC will go? Share your predictions👇
👍- Will it hold above $60K
😱- Down to $55K
🤯- Below $50K
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🔔 Polkadot spends $37 million on marketing in H1 2024; faces community criticism
◾️Polkadot spent $87 million in total, with over 40% — $36.7 million — on advertising, influencers, conferences, and events.
◾️The community is furious, arguing the huge marketing spend hasn't delivered results, especially criticizing sponsorships and influencer marketing.
💰 Polkadot's Treasury: Holds nearly $245M in assets, and its runway isn't limited to two years.
📈 Current Trading Price: $6.36
📈 DOT ATH: $54.98
💬 Do you think DOT will BREAK its ATH in the coming cycle?
🔥- YES, Bullish on DOT
😁- NO
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🇩🇪 German govt selling BTC again: Transfers 400 BTC to exchanges today
◾️The German Government transferred 400 BTC to Bitstamp, Coinbase, and Kraken today.
◾️Over the past two weeks, the government has transferred more than 3000 BTC to centralized exchanges.
◾️Currently, it holds 44,692 BTC ($2.18 billion).
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⬆️ Bitcoin expected to rise in July based on past trends 🚀
◼ July often brings a strong recovery for Bitcoin, with an average gain of 7.42% after a downtrend in June.
◼BTC has posted at least 8% gains in 7 of the last 11 July trading periods.
◼Mt. Gox Bitcoin repayments begin this month, with around $8.5 billion in BTC set to be paid back to creditors.
📊 Do you think Bitcoin will follow the trend and rise in July?
🔥 - Yes, I'm Bullish on July
🥲 - No
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🔔 SEC sues ConsenSys over MetaMask's brokerage and staking services.
◾️The SEC claims that ConsenSys collected over $250 million in fees through its unregistered brokerage activities.
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🔔 PancakeSwap launches AI-Powered prediction market on Arbitrum
◾️PancakeSwap's prediction market lets users forecast ETH price movements every 10 minutes.
◾️Correct predictions earn rewards from a 60,000 ARB prize pool ($49,000) over the next nine weeks.
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🔥VanEck Files for Solana ETF in the US
Are you bullish on Solana?
🔥 - Yes, to the moon
😁 - No
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🚨 US Government sends 3,940 BTC ($240M) to Coinbase Prime
Source
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🔔 UAE regulations could ban crypto payments, New rules suggest
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🇩🇪 German govt transfers 750 BTC again; 250 BTC sent to Bitstamp and Kraken
◾️Today, the German Government transferred 750 BTC ($46M) again, with 250 BTC ($15M) sent to Bitstamp and Kraken.
◾️They currently hold 45,609 BTC ($2.81B).
What do you think: Will the German govt sell all their Bitcoin this year?
🥲- Yes, they will sell all
👍- No, they will stop selling soon
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🔥 Bitcoin back above $62,000
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🔔 Crypto Fear and Greed Index hits 18-month low at 30 ('Fear')
◾️The Crypto Fear and Greed Index dropped to its lowest point in nearly 18 months, hitting 30 'Fear' on June 24.
◾️It fell 21 points on June 24, marking one of the biggest daily drops in recent years.
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🔔 Tether to stop minting USDT on EOS and Algorand starting today, June 24.
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💰Binance Labs invests in Infrared
◾️Binance Labs invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click.
◾️Infrared's mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for the Berachain Governance Token (BGT) and BERA (Berachain Gas Token).
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🔔 Mt. Gox trustee to begin Bitcoin, Bitcoin cash repayments from July 2024
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🚨 CoinStats urges users to move funds after security breach
◾️CoinStats, a popular cryptocurrency portfolio tracking app, has warned users who created wallets on the app to move their funds immediately following a "security incident" affecting the platform.
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