Author: NBTC

In a notable shift, British finance minister Rachel Reeves announced on Wednesday, October 30, a hike in the capital gains tax rates for most assets, including stocks and cryptocurrencies. Under the new plan, the tax rate will increase from 10% to 18% at the lower rate, and from 20% to 24% for higher earners. Reeves stated that these adjustments are projected to generate £2.5 billion, aligning capital gains tax with the rates already applied to property transactions, which will remain steady at 18% and 24%. Outlining the motivations behind the tax changes, Reeves said: “We need to drive growth, promote…

Worldcoin’s World ID officially launched its Poland operation. It will now allow individuals to orb-verify their World ID at specified locations in Poland’s capital, Warsaw. Worldcoin announced the continuation of its European expansion with the launch of its World ID verification in Poland on September 18th. The for-profit cryptocurrency project released a press statement detailing important information on its operations and expounding on its expansion in other locations around the world. Poland adopts World ID verification World ID verification is now available in Poland 🇵🇱 pic.twitter.com/3TbJd4BI57 — Worldcoin (@worldcoin) September 18, 2024 Worldcoin announced that individuals in Poland could access…

Bitrefill, società leader del mondo crypto e-commerce, ha appena annunciato l’integrazione della stablecoin USDC sul network Solana. By doing so, the platform expands its offering of supported tokens, providing more freedom of choice to the end customer. This move by Bitrefill comes just a few days after the presentation of its own crypto debit card. Bitrefill adds stablecoins: support for USDC on Solana network Bitrefill announces crypto card: speed and cost-effectiveness of transactions with Solana and USDC Gift Card and vouchers to tackle the problem of high taxation in Italy Bitrefill adds stablecoins: support for USDC on Solana network Bitrefill,…

The price of Bitcoin has just touched a monthly low of $56,567.10. In the last 24 hours alone, the price has marked a drop of over 6.2%. If things progress this way, the price is likely to go further downwards. Recently, there were reports that short-term Bitcoin investors were aggressively leaving the market. Have Bitcoin investors lost hope in the market completely? Actually, not many experts think so. A Realised Cap-HODL waves chart of Bitcoin, shared in X by Binhdangg, explains the other side of the story very well. Let’s dive in! Bitcoin Long-Term Holders’ Market Behavior: What the Chart…

Since launch, MicroStrategy-tracking ETF MSTU has surged 235% and rival MSTX has gained 176%. MSTX raised the leverage on its ETF from 1.75x to 2x to match MSTU’s. MicroStrategy reports third-quarter earnings after the close of U.S. markets. Two MicroStrategy (MSTR) exchange-traded funds (ETFs) have started up this year. The Defiance Daily Target 1.75X Long MSTR ETF (MSTX), introduced Aug. 15, initially promised investors 1.75 times the daily percentage change in the software maker’s share price. The fund saw 176% returns in 2.5 months, prompting the issuer to raise its leverage — and change its name —to 2x. The increase…

SunSwap has reduced transaction fees by 99%, with some transactions costing as little as $0.10. The fee reduction has been confirmed by over 200 blocks and key TRON Super Representatives. Lower fees could make SunSwap more accessible for frequent trading and smaller transactions. The latest update in the TRON ecosystem has also caused a drop in the transaction fees for users of SunSwap V2 and V3. SunSwap DEX, which is built on the TRON network, has lowered its fees to 0.30% of the transaction volume. This means that users can now carry out transactions at less than 2 TRX that…

PARAVOX, the 3v3 arena shooter, announced that they are bringing their game to the Solana blockchain. Choosing @Solana as our home was an easy decision. It’s the fastest network, perfectly matching our lightning-fast gameplay. To celebrate with the Solana community, we’ve released our elite Solana-themed skin for a limited time. Download PARAVOX now and claim yours today!… pic.twitter.com/94n8vBoJdc — PARAVOX (@PARAVOX_game) October 30, 2024 The announcement signals a major step for 81RAVENS, the studio behind PARAVOX, as they leverage Solana’s high-speed infrastructure to support their ambitious vision for a seamless gaming experience. According to the developers, “Choosing Solana as our…

MANTRA Chain, a compliance-oriented blockchain, has recently joined Google Cloud to enhance real-world asset (RWA) tokenization. As the world’s third largest cloud service provider, Google Cloud will provide essential infrastructure services and serve as a network verifier for MANTRA Chain, thus accelerating the speed and lowering the cost of real asset trading. The integration of Google Cloud will provide secure and scalable operations, which MANTRA can leverage to onboard assets on-chain faster and more securely. Scaling Blockchain Operations with Google Cloud Infrastructure Google Cloud will host MANTRA’s blockchain operations, delivering reliable, high-performance infrastructure for tokenized assets. This infrastructure supports faster,…

An extremely rare pattern has formed on the Bitcoin (BTC) price chart as the intersection of the 100 and 200 moving averages has created a golden cross on the chart. More importantly, this is the first such golden cross for a major cryptocurrency. It is worth noting that when the 100 and 200 day moving averages cross, it is a significant event. These moving averages are key indicators used by traders to assess long-term trends. The 100-day moving average shows the average closing price of Bitcoin over the past 100 days, while the 200-day moving average does the same for…

The growth of an asset is influenced by a variety of parameters. Stability and trust, ironically, often make an asset less exciting.—Bitcoin, for instance, is known for its enterprise-scale institutional adoption, stemming from the trust it has earned as the bedrock of the crypto world. Bitcoin ETFs attracted a fund inflow of US$1 billion within two days of their launch.Although there have been reports of declining search interest and a reduction in general media buzz around the asset, the reasons for this are hardly a cause of concern. All it means is that the stability of the steady returns the…