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Bitcoin prices (BTC) surged over 3 per cent on Wednesday, reaching $65,758 at 12pm (India). BTC has experienced high traction among investors due to increased inflows and positive sentiments following an assassination attempt on US presidential candidate Donald Trump, which has significantly increased the odds of the former president winning the upcoming election. Major altcoins have also benefited from BTC's rise. Ethereum (ETH), BNB, Tether, XRP (11%), Dogecoin, Cardano, Tron, Avalanche, and Shiba Inu have seen gains of up to 11% during this period. Conversely, Toncoin was among the losers, declining by over 1%.
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In the USA, Congressman Matt Gaetz introduced the bill allowing Federal Income Tax to be paid with Bitcoin. Florida's representative introduced a bill that would amend the Internal Revenue Code of 1986 to allow taxpayers to use Bitcoin to pay taxes. The proposed amendment authorizes the Treasury to “develop and implement a method that will allow any tax imposed on an individual to be paid in Bitcoin” under the stated title. This move could be a game-changer in increasing the adoption of cryptocurrencies in the United States. This innovative legislation is not just a minor adjustment to the existing Treasury law. It represents a significant shift in the government's approach to digital assets. *This is not investment advice.
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What’s greater than God, Eviler than the Devil, Rich People need it, Poor People have it, And you’ll die if you eat it?
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What is something that can speak every language in the world?
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lol
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%)
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Collect Farcaster: Iguana
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hihi, see what tokens are trending now cc @betashop.eth @airstack.eth
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