Gekocrypto Crypto News

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies XRP To Maintain Price Rally As Whales Reload Amidst Price Dip- Details Bitcoin LTHs cash out at 326% gains: Can new demand keep BTC stable? TRON PRICE ANALYSIS & PREDICTION (August 12) – TRX Resumes Bullish After Reaccumulating, Where Is It Heading Next? Malaysia MP Urges Use of Blockchain to Fight Corruption Solana Surges to $117B: Is $400 the Next Target for SOL? Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup Cambodia Blocks Binance, Coinbase, and 14 Other Crypto Exchanges Amid Rising Concerns Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

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A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted the policy as a move to simplify taxation, promote long-term holding strategies, and support technological innovation. The exemption also applies retroactively to digital assets acquired before 2025 if sold under specific conditions. These changes align with the European Union’s Markets in Crypto-Assets (MiCA) framework, set to standardize cryptocurrency regulations across the bloc by Dec. 30, 2024....

08.12.2024

XRP To Maintain Price Rally As Whales Reload Amidst Price Dip- Details

In the last week, the price of XRP increased by 35% as the general crypto market maintains a stellar performance stretching over the last two months. Interestingly, recent developments in the XRP market indicate a sustained bullish outlook for the prominent altcoin. Whales Accumulate $288 Million XRP As Price Slides To $2.22 In an X post on December 7, renowned crypto expert Ali Martinez shared that XRP whales had embarked on an accumulation spree amidst a recent price dip. Notably, XRP has been one of the best-performing cryptocurrencies in Q4 2024 rising by over 350% since the US elections. However,...

08.12.2024

Bitcoin LTHs cash out at 326% gains: Can new demand keep BTC stable?

As Bitcoin’s [BTC] price continues its impressive rally, long-term holders are seizing the opportunity to cash out, realizing gains of approximately 326% on their investments with an average entry price of $23.4K. This surge in profit-taking has added selling pressure to the market, yet BTC has demonstrated remarkable resilience, absorbing the increased supply. But what’s driving these LTHs to sell now? And how are new investors stepping in to sustain the market’s upward momentum? Strategic profit-taking or market pessimism? Long-term BTC holders are capitalizing on the current rally, realizing an average 326% profit with an entry cost of $23.4K. This...

11.12.2024

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A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

XRP To Maintain Price Rally As Whales Reload Amidst Price Dip- Details

Bitcoin LTHs cash out at 326% gains: Can new demand keep BTC stable?

TRON PRICE ANALYSIS & PREDICTION (August 12) – TRX Resumes Bullish After Reaccumulating, Where Is It Heading Next?

Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into the month on a positive note. Closing that month bearishly, it posted more losses until the price reached $0.117. Considering the selling period as a major retracement phase, the price bounced off this price level after a strong re-accumulation and resumed bullish impulsive at full speed. As seen on the...

Malaysia MP Urges Use of Blockchain to Fight Corruption

By Mark Hunter 1 week agoMon Nov 25 2024 11:02:05 Reading Time: 2 minutes A Malaysian MP has urged the government to implement blockchain technology to combat corruption and enhance transparency Syerleena Abdul Rashid highlighted blockchain’s potential to provide immutable records, reducing opportunities for fraudulent activities The call aligns with global trends where blockchain is increasingly utilized to improve governance and accountability In a recent parliamentary session, Malaysian MP Syerleena Abdul Rashid advocated for the adoption of blockchain technology as a means to fight corruption and improve transparency within government operations. Rashid emphasized that blockchain’s decentralized and immutable nature could...

Solana Surges to $117B: Is $400 the Next Target for SOL?

You are here: Home / News / Solana Surges to $117B: Is $400 the Next Target for SOL? Key Takeaways: Solana (SOL) hits a historic market cap milestone of $117 billion. Memecoin frenzy drives significant DeFi activity on the Solana blockchain. SOL may be on track to hit $400. Solana (SOL) has recently achieved a remarkable milestone, reaching a market capitalization of approximately $117 billion. This surge reflects growing interest in its blockchain ecosystem as investors flock to cryptocurrencies in search of alternatives to traditional financial markets. Source: CoinMarketcap With the ability to provide fast, low-cost transactions, Solana has been...

Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup

Solana (SOL) appears ready for a significant breakout as its weekly chart reveals a compelling bullish setup. Over the last few days, Solana’s price has been consolidating despite hitting a new all-time high on November 22. But if the altcoin breaks through critical resistance levels, it could hit $300. Here is how. Solana Has Indicators on Its Side On Solana’s weekly chart, the altcoin has formed a classic bull flag pattern — a bullish indicator suggesting potential further upward movement. A bull flag consists of two rallies separated by a brief period of consolidation. The flagpole forms during a sharp,...

Cambodia Blocks Binance, Coinbase, and 14 Other Crypto Exchanges Amid Rising Concerns

Cambodia has blocked access to 16 crypto exchange websites, including major platforms like Binance, Coinbase, and OKX, as part of its effort to regulate the digital asset market. The action, enforced by the Telecommunication Regulator of Cambodia (TRC), targets platforms operating without proper licenses from the Securities and Exchange Regulator of Cambodia (SERC). Cambodia vs. Crypto: New Rules Aim to Curb Illicit Activities It was reported that authorities restricted access to 102 domains in a directive signed by TRC acting chairman Srun Kimsann, focusing primarily on cryptocurrency exchanges and online gambling sites. Authorities have blocked website access, but mobile apps...

Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand

Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance against fraud and impersonation attempts as the launch approaches. “RLUSD is launching soon! Stay vigilant and report any impersonations or scams,” Ripple wrote. CEO Brad Garlinghouse affirmed the news, revealing that the New York State Department of Financial Services (NYDFS) has issued final approval for...

PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers...