Author: NBTC
Wrapping up a bullish week for cryptocurrency development in the U.S., Eric Trump released a statement confirming exemptions from capital gains tax. This move is aimed at fostering more onshore innovation and positioning the United States as a global leader in the blockchain and digital assets. According to various sources, Eric Trump allegedly confirmed that U.S.-based crypto projects would be exempt from capital gains tax. Moreover, a 30% capital gains tax would be levied on non-U.S.-based projects. The announcement specifically mentioned well-known projects like XRP (Ripple Labs) and HBAR (Hedera Hashgraph Network). The Beneficiaries A crypto-friendly tax policy is expected…
The positive attitude of the new US President Donald Trump towards US-based assets in the cryptocurrency market caused these altcoins to rise. However, the crypto community is wondering which altcoins are of US origin. US-origin altcoins include cryptocurrencies that are launched in the US and whose founders or companies behind them are from the US. Here is the list of US altcoins that we at Bitcoinsistemi.com have compiled specially for you: XRP (XRP) To the left (LEFT) USDC (USDC) Chainlink (LINK) Avalanche (AVAX) Stellar (XLM) Sui (SUI) Hedera (HBAR) Litecoin (LTC) Uniswap (UNI) Official Trump (TRUMP) Aptos (APT) Ondo (ONDO)…
In the run-up to the U.S. presidential vote, Donald Trump recognized the importance of the Bitcoin and crypto vote, unlike Kamala Harris, and took steps to secure it. Trump Wants Crypto to Grow and Develop in the U.S. In the run-up to the U.S. presidential vote, Donald Trump, unlike his rival Kamala Harris, understood the importance of the Bitcoin (BTC) and crypto vote. This understanding, according to Corbin Fraser, CEO of Bitcoin.com, prompted Trump to take steps to secure a vote which ultimately helped him defeat Harris. Fraser also argued that Trump did more to prove he deserved the crypto…
A closely followed analyst thinks traders who are bearish on Bitcoin are changing their stance after BTC’s latest bounce. Pseudonymous trader Cheds tells his 346,600 followers on the social media platform X that Bitcoin’s abrupt recovery following its drop below $90,000 on Monday indicates that BTC remains in a strong uptrend. According to the analyst, Bitcoin flashed a high wave doji candlestick on Monday, a pattern suggesting deep-pocketed investors are defending BTC’s bullish trend. “BTC daily – high wave doji with range low sweep/recapture Notable momentum story.” Source: Cheds/X Cheds also notes that Bitcoin appears to have broken out of…
The Ethereum blockchain ecosystem is gearing up for one of its biggest upgrades, Pectra. During a virtual developer meeting on Thursday, Ethereum’s core team officially announced that the upgrade is targeted for release in mid-March. This upgrade promises to improve the network’s speed, efficiency, and scalability by adding new features amid key changes to the blockchain. With this upgrade, ETH aims to address some of the most pressing issues users face. Ethereum Pectra Upgrade: The Key Changes Pectra is all about improving how ETH works behind the scenes. The upgrade combines eight major Ethereum Improvement Proposals (EIPs). One of the…
Bank of Communications (BoCom), one of China’s largest banks, has issued a $300 million digital bond in Hong Kong, becoming among the first lenders from mainland China to explore blockchain bonds in the city-state. Meanwhile, the tokenization arms race is heating up. Singapore recently launched a digital bond grants scheme similar to Hong Kong’s as the two financial hubs vie for the spot of China’s digital finance hub. Bank of Communications issues $300 million digital bond BoCom issued the unsecured three-year digital bond on Orion, the permissioned blockchain network developed by HSBC (NASDAQ: HSBC). It will rely on a Secured…
If you’ve seen OFFICIAL TRUMP or $TRUMP Coin trending and wondered what it’s about, here’s the scoop. Built on the Solana blockchain, this cryptocurrency combines meme culture with Trump’s branding. Is it worth the hype? Let us break it all down so you can decide. In this guide: What Is $TRUMP Coin? What is the vision powering the $TRUMP Coin? Is $TRUMP a scam or is it legit? $TRUMP Coin pros and cons $TRUMP Coin’s price performance How $TRUMP Coin fits into the bigger picture What Is $TRUMP Coin? $TRUMP Coin is a crypto launched to merge the meme culture…
In an effort to prioritise crypto innovation and investment, the United States is preparing to launch a crucial tax relief policy. Reports suggest that Eric Trump, a son of US President Donald Trump, hinted at the possibility of the introduction of a zero capital gains tax policy by the newly inducted Trump administration for cryptocurrency projects. Will US-based projects and non-US-based projects equally benefit from the expected tax concession? US-based Crypto Projects to Enjoy Zero Capital Gains Tax As per reports, Eric asserted that US-based crypto projects, including XRP and HBAR, would benefit from the zero capital gains tax policy.…
Bitcoin trades above $96,000 on Tuesday, January 14. The largest cryptocurrency has recovered from a flash crash under $90,000 and macroeconomic headwinds last week. Large scale profit-taking could push BTC to the support zones on the weekly chart, close to the $70,000 level. Table of Contents Bitcoin market movers and the Trump effect Institutional appetite for Bitcoin cools down, sentiment deteriorates Bitcoin on-chain and derivatives data analysis Expert commentary on where Bitcoin is headed Technical analysis and Bitcoin price forecast Bitcoin market movers and the Trump effect President elect-Donald Trump’s inauguration on January 20 is a key event that traders…
Ethereum (ETH) has been trading within a narrow 4-hour range between $3,150 and $3,500, leaving investors frustrated with its lackluster performance in recent weeks. As other assets in the crypto market make strides, Ethereum’s sideways movement has caused many to question whether it can regain its momentum this year. The prolonged consolidation has dampened sentiment, with some investors beginning to lose patience and faith in ETH’s ability to deliver substantial returns. However, optimism remains among technical analysts who see Ethereum nearing a critical inflection point. Top crypto analyst Daan recently shared a technical analysis on X, highlighting a massive falling…