South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down on tax evasion.”
Tax Transparency StandardSouth Africa has joined more than 40 other countries and jurisdictions in agreeing to implement the so-called Crypto-Asset Reporting Framework (CARF), a statement issued by the country’s tax collector has said. Developed by the Organisation for Economic Co-operation and Development (OECD), the CARF is a tax transparency standard whose agreement was reached in March 2023.
According to a joint statement unveiled by His Majesty’s (HM) Treasury on Nov. 10, the agreement provides a basis for the “automatic exchange of information between tax authorities on crypto exchanges.” The goal of such an exchange is to combat offshore tax avoidance and evasion. The agreement also commits the 40-plus countries and jurisdictions to the simultaneous implementation of amendments to the Common Reporting Standard (CRS).
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down on tax evasion.”
Tax Transparency StandardSouth Africa has joined more than 40 other countries and jurisdictions in agreeing to implement the so-called Crypto-Asset Reporting Framework (CARF), a statement issued by the country’s tax collector has said. Developed by the Organisation for Economic Co-operation and Development (OECD), the CARF is a tax transparency standard whose agreement was reached in March 2023.
According to a joint statement unveiled by His Majesty’s (HM) Treasury on Nov. 10, the agreement provides a basis for the “automatic exchange of information between tax authorities on crypto exchanges.” The goal of such an exchange is to combat offshore tax avoidance and evasion. The agreement also commits the 40-plus countries and jurisdictions to the simultaneous implementation of amendments to the Common Reporting Standard (CRS).
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Solana (SOL) Is Grossly Overpriced After Scorching Rally, According To This Uber Angel Investor
Prominent angel investor and internet entrepreneur Jason Calacanis has aroused discussion in the cryptoverse with his unfavorable take on Solana’s (SOL) sky-high valuation.
Calacanis told his 779.8k followers on X that Solana, which recently surpassed the $100 milestone and reached a $46 billion valuation, is overvalued.
Prominent angel investor and internet entrepreneur Jason Calacanis has aroused discussion in the cryptoverse with his unfavorable take on Solana’s (SOL) sky-high valuation.
Calacanis told his 779.8k followers on X that Solana, which recently surpassed the $100 milestone and reached a $46 billion valuation, is overvalued.
Ethereum Ready for 70%+ Surge, According to Crypto Trader Michaël van de Poppe – Here’s the Timeline
A widely followed cryptocurrency analyst and trader believes Ethereum (ETH) is on the verge of a massive breakout.
Michaël van de Poppe tells his 691,900 followers on the social media platform X that there are three main reasons why he believes ETH could soon soar by more than 70% from its current value.
A widely followed cryptocurrency analyst and trader believes Ethereum (ETH) is on the verge of a massive breakout.
Michaël van de Poppe tells his 691,900 followers on the social media platform X that there are three main reasons why he believes ETH could soon soar by more than 70% from its current value.
Bitcoin Explosion To $300,000 Looms, Tether Co-Founder Opines. Here’s Why This Bull Rally Could Be The ‘Biggest’ One Yet
After Bitcoin (BTC) recently hit a new all-time high above $70,000, analysts and investors are looking out for the next potential milestone for the maiden cryptocurrency.
Tether pioneer William Quigley suggests the ongoing bull run could outshine all previous ones, and there is room for BTC to surge to as high as $300,000.
Bitcoin On Track For $300,000?This current Bitcoin bull run stands out in several ways. For one, as Tether co-founder William Quigley explained in a recent interview with CNBC, the market is in “better shape” fundamentally than it was before the May halving in May 2020. He cited the shiny new spot Bitcoin exchange-traded funds (ETFs) and the high derivative volumes.
Bitcoin’s upswing in recent weeks has coincided with the accelerating inflows into the spot ETFs. Notably, these products have amassed more than $53 billion in assets under management as of March 7 since their debut in January.
After Bitcoin (BTC) recently hit a new all-time high above $70,000, analysts and investors are looking out for the next potential milestone for the maiden cryptocurrency.
Tether pioneer William Quigley suggests the ongoing bull run could outshine all previous ones, and there is room for BTC to surge to as high as $300,000.
Bitcoin On Track For $300,000?This current Bitcoin bull run stands out in several ways. For one, as Tether co-founder William Quigley explained in a recent interview with CNBC, the market is in “better shape” fundamentally than it was before the May halving in May 2020. He cited the shiny new spot Bitcoin exchange-traded funds (ETFs) and the high derivative volumes.
Bitcoin’s upswing in recent weeks has coincided with the accelerating inflows into the spot ETFs. Notably, these products have amassed more than $53 billion in assets under management as of March 7 since their debut in January.
Trader Says One DEX Altcoin Primed for a Breakout After Repeating Previously Seen Pattern Once Again
A popular crypto analyst thinks one decentralized exchange (DEX) altcoin is primed for a breakout.
The pseudonymous analyst Kaleo tells his 634,800 followers on the social media platform X that he’s “still a believer” in PancakeSwap (CAKE), the top DEX on the BNB chain.
A popular crypto analyst thinks one decentralized exchange (DEX) altcoin is primed for a breakout.
The pseudonymous analyst Kaleo tells his 634,800 followers on the social media platform X that he’s “still a believer” in PancakeSwap (CAKE), the top DEX on the BNB chain.
Can BlackRock’s Saudi Arabia Expansion Drive Bitcoin ETF Adoption in the Middle East?
BlackRock, the world’s largest asset manager, is making strategic moves in the Kingdom of Saudi Arabia to expand its foothold in the Middle East. Led by CEO Larry Fink, the firm has been actively engaging with Crown Prince Mohammed bin Salman and was the first major global investment manager to establish an office in Riyadh, as reported by Bloomberg.
BlackRock, the world’s largest asset manager, is making strategic moves in the Kingdom of Saudi Arabia to expand its foothold in the Middle East. Led by CEO Larry Fink, the firm has been actively engaging with Crown Prince Mohammed bin Salman and was the first major global investment manager to establish an office in Riyadh, as reported by Bloomberg.
A Student’s Fortuitous Bet on Dogecoin; BlockDAG Poised for Comparable Triumph Amid 850% Price Increase
“Fate smiles upon the daring”—an adage that resonates deeply within the cryptocurrency domain, renowned for its volatile yet often rewarding nature. Such was the case for a college student whose modest gamble on Dogecoin—originally a playful digital token—amassed a small fortune.
Today, there’s a growing consensus that a digital currency as promising and more robust as Dogecoin is needed. BlockDAG emerges as a strong contender, boasting an impressive presale that has raised $36 million and witnessed a stunning 850% value increase.
“Fate smiles upon the daring”—an adage that resonates deeply within the cryptocurrency domain, renowned for its volatile yet often rewarding nature. Such was the case for a college student whose modest gamble on Dogecoin—originally a playful digital token—amassed a small fortune.
Today, there’s a growing consensus that a digital currency as promising and more robust as Dogecoin is needed. BlockDAG emerges as a strong contender, boasting an impressive presale that has raised $36 million and witnessed a stunning 850% value increase.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
XRP Gearing Up For Phenomenal Breakout As Legal Expert Reveals Imminent End Date For SEC-Ripple Case
Pro-XRP lawyer Fred Rispoli, founder of HODL Law, has made an epic prediction about when Judge Analisa Torres will issue a summary judgment decision in the U.S. Securities and Exchange Commission (SEC) vs. Ripple lawsuit.
Rispoli indicated that after over three years of legal proceedings, the protracted legal dispute could see a potential resolution by the end of this month.
High-Stakes XRP Lawsuit To End This Month?With crypto market commentators and XRP investors alike anticipating the verdict in the longstanding case between Ripple and the SEC, attorney Fred Rispoli has speculated a potential end date for the lawsuit.
In a recent post on X, Rispoli noted a recent filing, specifically Ripple’s Notice of Supplemental Authority, citing the recent ruling by Judge Amy Berman Jackson in the United States Securities and Exchange Commission v. Binance case. Judge Jackson’s ruling strengthened an earlier precedent set in SEC v. Ripple by New York Judge Analisa Torres, which established that the sale of XRP on exchanges and through algorithms did not satisfy the SEC’s criteria to qualify as an investment contract.
Pro-XRP lawyer Fred Rispoli, founder of HODL Law, has made an epic prediction about when Judge Analisa Torres will issue a summary judgment decision in the U.S. Securities and Exchange Commission (SEC) vs. Ripple lawsuit.
Rispoli indicated that after over three years of legal proceedings, the protracted legal dispute could see a potential resolution by the end of this month.
High-Stakes XRP Lawsuit To End This Month?With crypto market commentators and XRP investors alike anticipating the verdict in the longstanding case between Ripple and the SEC, attorney Fred Rispoli has speculated a potential end date for the lawsuit.
In a recent post on X, Rispoli noted a recent filing, specifically Ripple’s Notice of Supplemental Authority, citing the recent ruling by Judge Amy Berman Jackson in the United States Securities and Exchange Commission v. Binance case. Judge Jackson’s ruling strengthened an earlier precedent set in SEC v. Ripple by New York Judge Analisa Torres, which established that the sale of XRP on exchanges and through algorithms did not satisfy the SEC’s criteria to qualify as an investment contract.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC
Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile.
In a new press release, Marathon says it intends to privately offer $250 million worth of convertible senior notes due in September 2031 to “persons reasonably believed to be qualified institutional buyers.”
Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile.
In a new press release, Marathon says it intends to privately offer $250 million worth of convertible senior notes due in September 2031 to “persons reasonably believed to be qualified institutional buyers.”
Investor Chris Burniske Says Crypto Emerging From ‘Early Bull’ Reset, Sees Favorable Conditions for Asset Class
Digital asset veteran Chris Burniske thinks the crypto market looks ready for a new bull run after witnessing months of correction.
The former crypto analyst at ARK Invest says on the social media platform X that digital assets have sufficiently cooled off after rallying from late 2023 to early 2024.
He shares a chart posted by Real Vision analyst Jamie Coutts to suggest that technical conditions are ripe for fresh surges.
Digital asset veteran Chris Burniske thinks the crypto market looks ready for a new bull run after witnessing months of correction.
The former crypto analyst at ARK Invest says on the social media platform X that digital assets have sufficiently cooled off after rallying from late 2023 to early 2024.
He shares a chart posted by Real Vision analyst Jamie Coutts to suggest that technical conditions are ripe for fresh surges.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
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Bitcoin Hits $75,410: Satoshi’s Vision of “Bitcoin Power” Rings True 16 Years Later
As Bitcoin reaches new heights, the bold words of its mysterious creator, Satoshi Nakamoto, echo across the crypto world.
Bitcoin recently hit an all-time high of $75,410, which has added new context to Satoshi Nakamoto’s early vision for this digital currency.
As Nakamoto expressed in his message on November 6, 2008, what people would not have fathomed just sixteen years into the future.
Now, that statement, resurfaced by Bitcoin historian Pete Rizzo, seems even more thought-provoking as the crypto asset begins to settle into its place in a shifting financial landscape.
As Bitcoin reaches new heights, the bold words of its mysterious creator, Satoshi Nakamoto, echo across the crypto world.
Bitcoin recently hit an all-time high of $75,410, which has added new context to Satoshi Nakamoto’s early vision for this digital currency.
As Nakamoto expressed in his message on November 6, 2008, what people would not have fathomed just sixteen years into the future.
Now, that statement, resurfaced by Bitcoin historian Pete Rizzo, seems even more thought-provoking as the crypto asset begins to settle into its place in a shifting financial landscape.