Crypto Report

@cryptoreport

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Between Aug. 13 and Aug. 14, #Bitcoin saw a 5% surge, hitting $61.7k, only to plummet to $58.9k within two hours. Let’s take a look at some more details 🧵

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𝗦𝗲𝗻𝗮𝘁𝗲 𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗡𝗲𝘄 𝗧𝗮𝘅 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 ⚡ Transactions under $200 would be exempt from capital gains tax, but still subject to sales tax. Will they be approved? Let's take a deeper look. 🧵

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ICYMI: FTX and trading firm Alameda Research will have to pay $12.7 billion to its creditors after a New York judge officially approved a consent order on Wednesday. https://www.coindesk.com/policy/2024/08/08/ftx-alameda-ordered-to-pay-127b-to-creditors-by-us-judge/?utm_source=twitter&utm_campaign=coindesk_main&utm_content=editorial&utm_medium=social&utm_term=organic

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NEW: #Bitcoin to hit a new all-time high before EOY if the US economy avoids a recession and achieves a "soft landing," per Grayscale.

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Hey altcoin lovers! Let’s diversify our portfolios and our social circles. 🌟🔄 #AltcoinChat

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What’s a crypto trader’s favorite movie? ‘The Matrix’ – because they love decoding! 🕶️ #CryptoMatrix

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