Nigeria's Crypto Tax Signals Slow Walk to Official Recognition-But Will People Pay Up? - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
Image: cyptoranking.com

The BAYC is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain. Owning a Bored Ape NFT offers users particular benefits, including doubling in Yacht Club membership status and accessing some sections of the project’s ecosystem. BAYC had an estimated market cap of 261,878 ETH at the time of writing, according to data from CoinmarketCap, with a floor price of 26.14 ETH. The downtrend is further emphasized by the lack of attempts from the token to break through and reclaim higher levels. The 21 EMA acts as a dynamic resistance, and SHIB's consistent position below it indicates a strong bearish grip on its price action. Nigeria's Crypto Tax Signals Slow Walk to Official Recognition-But Will People Pay Up?Blockchain web hosting could be a promising solution for enhanced data privacy, security, and control. However, it is not without potential drawbacks. Axos also worked with Infowars’ Alex Jones until September 28, 2023. Axos cited unauthorized transactions as a reason to terminate the relationship but an attorney for Jones’ organization said that “they had no answers” to queries regarding why the accounts were suddenly closed.

Exchange Rankings Crypto
Image: cyptoranking.com

Secure online transactions Base network’s significant surge in TVL has seen it outpacing zkSync Era’s $435 million TVL. The former maintained uptrends following USD Coin issuance on the platform on 4 October, leading to a notable 470.55% surge to 159 million stablecoins. Buy, sell, trade bitcoin & other cryptocurrencies safelyNoir, funded by the privacy-centric Ethereum layer-2 solution Aztec, is lauded as a “fully open-source” domain-specific language engineered for “private, succinctly provable programs.” Szabo tried to simplify the definition of the smart contract by comparing it to a vending machine.

Santa Catarina police vehicles at a crime scene. (Source: Polícia Civil de Santa Catarina/Facebook) “For emerging markets such as Ukraine, cryptocurrencies have the potential to act as a reliable store of value, reduce cross-border transaction costs, and boost financial independence. In addition to helping with war efforts, cryptocurrency donations are likely to encourage increased adoption and strengthen an economy that has otherwise been hampered by the war,” the report reads. top ten cryptocurrencySource: TradingViewXRP has overtaken USDC as the fifth-biggest cryptocurrency in the world in terms of market cap, with the altcoin's price rising by 2.5% in the past week.At $0.509616, XRP is down by 1.5% in the past month, yet it remains up by 50% since the beginning of the year, helped by Ripple's largely positive outcome in its case with the SEC.And given that XRP has declined in the past few weeks mostly because of market-wide negativity, it's positioned nicely to rise up again in the near future.XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100?XRP has been slowly gaining some much-needed strength this week, with its indicators beginning to look more promising, as if the altcoin is on the brink of a significant recovery.Its relative strength index (purple) has climbed up to 50 and looks as though it could easily rise higher (taking the coin's price with it), given that it has spent around a month close to 30.In addition, XRP's 30-day moving average (yellow) has leveled off after falling below its 200-day average (blue) more than a week ago, indicating that the coin has bottomed out and that buyers are ready to take advantage of its discounted price.This interpretation is supported by the token's support level (green), which has been rising steadily over the past week or so, again indicating that the recent downturn is over that XRP is ready to appreciate again.Encouragingly, recent data suggests that whales have begun accumulating XRP again, meaning that the coin is likely to stop falling and isn't too far from renewed growth.Such purchases would help account for XRP's joy over the past few days, yet the coin's strong fundamentals would indicate that more gains are in store in the near future.Indeed, Ripple has continued to expand it business now that it has its case with the SEC mostly behind it, with the company signing partnerships with the Republic of Palau in recent months and with the Rocky Mountain Institute.This points to a future where XRPLedger and XRP are widely used, something which can only help the latter's price in the longer term.With this in mind, XRP can be expected to return to $0.60 in the next few weeks, before seeing out 2023 at around $0.75 or $0.80.High-Potential Altcoins For High ReturnsXRP may be one of the strongest altcoins in the market, but it isn't the only promising alt, while it's also worth remembering that its gains may be gradual, especially with the market remaining subdued.As such, traders in pursuit of quicker gains may prefer to look at newer altcoins, particularly presale tokens that are expecting to list – and rally – very soon.At the top of the list of such coins is Wall Street Memes (WSM), an ERC-20 meme token that has raised over $25 million since kicking off its sale in the summer.Source: Wall Street MemesWall Street Memes is a product of the meme stocks movement, which was famously responsible for the 2021 GameStop and AMC rallies, shocking the stock market and world of traditional finance.It's because of its links with this movement that Wall Street Memes already has a strong community around it, something which will prove vital if it's to have a long lifespan as a meme token.Indeed, its Twitter page now has 277,000 followers, a number that comfortably exceeds the communities of most new meme tokens.In terms of tokenomics, WSM will have a total maximum supply of 2 billion, with 50% of this going towards its presale and another 30% being reserved for community rewards.These rewards are likely to incentivize greater engagement on the part of its community, which again will help keep the token in the pubic eye and which, in turn, will help its price.But as promising as WSM sounds, investors now have only three days to join the presale, before the token lists on a variety of exchanges.They can do so by going to the official Wall Street Memes website and connecting their software wallets.1 WSM costs $0.0337, yet this is likely to rise steeply once the token is added to exchanges next week.Visit Wall Street Memes NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.XRP Price Prediction as Daily Trading Volume Rises Above $500 Million – Is a Rebound from Bearish Sentiment in Sight? “The Quiet Maid” will have its world premiere next month in competition at the Tallinn Black Nights Film Festival in Estonia. It will compete in the First Feature category.The Rise and Retreat: Bitcoin's Ordinal Inscription Wave Ebbs

Decentralized finance technology has been around for a while now but still hasn’t managed to attract the mainstream crowd, investor Santiago Santos observes. “We’re a decade in and we have ten users in DeFi,” he quips. Crypto – Socially Speaking Stellar Trading in 2023|Stellar CFD MarketWeb3 gaming arguably needs a solid eSports foundation to reach the mainstream audience. Alongside the funding news, Proof of Play announced Thursday that it is starting to roll out free-to-play access to the game, which means players will be able to create a free character without owning an NFT. However, NFT owners get various added benefits over free players. The free-to-play version is designed to be a more casual experience suited for a broader audience.


Sister links

Sources

Bookmark-new.svg