Md Ruhul Amin π π β‘
@mdruhulamin
540 Following
285 Followers
1 reply
1 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
6 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
2 reactions
Japan Financial Giants Push Regulator to Allow Bitcoin, Ethereum ETFs
A group of Japanese financial giants including major banks, crypto exchanges, and brokerages, areΒ pushingΒ for regulators to approveΒ crypto ETFs.
The likes of Mitsubishi UFJ Trust and Banking,Β Nomura, Daiwa Securities, and bitFlyer, released the coalitionΒ reportΒ on Friday that also called for the regulator to revise its tax framework on crypto.
Japan's crypto tax is currently set at 55%. The group is calling for regulators to reduce the levy to be more in line with the stock markets' 20% tax policy. Democratic Party for the People leader, Yuichiro Tamaki also pledged last week to lower crypto tax to 20% if elected.
βIf you think crypto assets should be taxed separately at 20% instead of treated as miscellaneous income, please vote for the Democratic Party for the People. There will be no tax when exchanging crypto assets with other crypto assets,β Tamaki said.
γζ‘ζ£εΈζγζε·θ³η£γ«ι’γγ¦ζη’ΊγͺζΈη¨&θ¦εΆβ¦ 0 reply
0 recast
1 reaction
0 reply
0 recast
1 reaction
Ethereum Whale Sells 1500 ETH Amidst Price Drop
According to Ai, a wallet address 0x2ab...3727e liquidated 1500 ETH, initially purchased at an average price of $2182, three hours ago. The ETH, valued at $3.71 million, was recharged at $2480. If sold entirely, it would result in a profit of $446,000. Over the past week, ETH prices have fallen by 6.39%, and at its peak this year, the 1500 ETH had an unrealized gain of $2.82 million. (Source) 0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
2 reactions
Bitcoin Could Potentially Surge to $92,000 Under Trump: Bitwise
Bitwiseβs head of alpha strategies, Jeff Park, has predicted that Bitcoin could soar to $92,000 if Donald Trump wins the 2024 U.S. presidential election.
In anΒ October 22 post on X, Park explainedΒ that by analyzing Bitcoinβs price movement against Trumpβs odds on the decentralized betting platform Polymarket, and applying merger arbitrage-style probability calculations, he sees a strong likelihood of a post-election surge.
βI project a Trump victory could push BTC to ~$92,000,β Park wrote, adding to the growing list of analysts forecasting that a Trump win could significantly boost the crypto market. 0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
1 reply
0 recast
3 reactions