[ad_1] In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). Given the increasing popularity of digital assets like Bitcoin and Ripple’s XRP among South Africans, the agency’s latest move isn’t surprising. Also, many have expected the tax policy following the Financial Sector Conduct Authority’s decision to declare crypto as a financial instrument. Crypto Assets And Transactions Growing In Scale Like other countries, South Africa is experiencing massive growth in crypto-related transactions. One media poll suggests that…
Author: dfrancis36
[ad_1] Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000. Bitcoin is struggling to start a fresh increase above the $63,200 zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a short-term declining channel forming with resistance at $63,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain traction if there is a close above the $63,200 resistance zone. Bitcoin Price Holds Support Bitcoin price formed a base and started a fresh…
[ad_1] Recently, Mad Money host Jim Cramer said he would have no more objections to Vice President Kamala Harris if she were his favorite candidate in the November US presidential election. According to him, her policies would favor the huge corporations and multinational firms more than Joe Biden does. A Vote For Kamala Harris While Biden has been quite aggressive in his approach to corporate regulation, Cramer sees Harris as more of a centrist and believes that may lead to a pro-business environment that could prove stability in markets during what he terms “Black November” economic commotion. This would also…
[ad_1] Following a strong start to 2024, the Bitcoin price performance has been mostly disappointing all year, failing to capitalize on the strong momentum of the spot exchange-traded funds (ETFs). Despite its stop-start nature, BTC’s price action has been one of the most-talked topics in the crypto space this year. However, the latest on-chain data shows the searches for the Bitcoin keyword on the Google search engine have crashed to a new yearly low, leaving investors wondering whether it’s bullish or bearish for the BTC price. Here’s how it might impact the price of the flagship cryptocurrency. Is The Crash…
[ad_1] Michael Saylor’s aggressive Bitcoin strategy over the past few years has largely paid off for him and MicroStrategy, making the company now one of the largest corporate holders of Bitcoin. In a recent interview, Saylor unveiled an ambitious plan to transform MicroStrategy into a leading Bitcoin bank, aiming to capitalize on the growing interest in digital currencies and enhance the company’s role in the crypto ecosystem. This plan does not sit well with some crypto participants like Craig Wright, a controversial figure who has controversially claimed to be the creator of Bitcoin. In a recent post on social media…
[ad_1] Crypto analysts have continued to make ambitious price targets regarding how high the Shiba Inu price and the Dogecoin price can rise in the long term. However, several factors indicate the Shiba Inu price and Dogecoin price might eventually reach these price targets. Therefore, investors are better off focusing on the ETFSwap (ETFS) token, which is set to rally by 5,233% in 10 days. Analyst Says ETFSwap (ETFS) Token Will Rally 5,233% In 10 Days An analyst has predicted that the ETFSwap (ETFS) token will rally 5,233% in 10 days from its current price of $0.03846 in its ongoing…
[ad_1] Este artículo también está disponible en español. Shiba Inu (SHIB), the parody coin that hit the headlines in 2021, has reignited investor interest. Based on the examination of crypto expert Javon Marks, the token has recently emerged from a declining wedge formation, which may suggest that a substantial price increase is in the offing. Related Reading Marks estimates that SHIB might increase by 342% and reach $0.000081, a level not seen since the bull run of 2021. If current trends continue, the canine-inspired digital asset may see a significant price turnaround. Following that milestone break, the future of SHIB’s…
[ad_1] Base, the Ethereum layer-2 scaling solution from crypto exchange Coinbase, has witnessed a surge in activity in the past two months and is now gunning for the top spot in the Ethereum ecosystem. In an interesting development revealed by data from IntoTheBlock, the transaction volume on Base has increased massively within this timeframe, with it capturing about 40% to 60% of all volume to outpace Optimism and Arbitrum. Now, recent data in the past 24 hours show Base now seems to have made the leap to solidify its leading position in terms of total value locked (TVL). Base Surges…
[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…
[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…