#top 10 cryptos

[dencyemily]

Investor Optimism Soars as Report Reveals BTC Surge and Altcoins' Impressive Gains

Bitcoin's recent surge beyond $62,000 has not only marked a significant milestone for the leading cryptocurrency but has also set the entire cryptocurrency market on a positive trajectory, as per the latest analysis by CryptoRank. The comprehensive overview reveals that the top 10 cryptocurrencies have entered the green zone, indicating an overall positive trend.

Leading the market gains are notable cryptocurrencies, with Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) standing out with impressive surges of up to 33.8%. These substantial increases underscore a robust period of growth in the cryptocurrency sector, contributing to the overall market capitalization soaring to an impressive $2.42 trillion, reflecting a 7.15% increase.

The report emphasizes Bitcoin's dominance at 50.82%, signifying its central role in shaping the market's dynamics. With a rise of 1.46%, Bitcoin's dominance highlights its proportionate value compared to the total market capitalization of all cryptocurrencies.

CryptoRank's analysis also provides insights into market sentiment through the Fear & Greed Index, which currently stands at 80, categorizing the market sentiment as "Extreme Greed." This indicates a highly favorable outlook among investors, showcasing increased optimism for future gains.

The report lists the top gainers in the market, with Arkham (ARKM), Bonk (BONK), and The Doge NFT (DOG) leading with significant increases. These figures illustrate the dynamic nature of the cryptocurrency market, where emerging tokens can swiftly rise to prominence.

Additionally, CryptoRank's analysis delves into the latest token unlocks, revealing significant amounts for Orange (ORNJ), WOO, and Illuvium (ILV). Token unlocks are pivotal events that can influence liquidity and prices, offering both opportunities and challenges for investors.

In conclusion, CryptoRank's analysis provides a snapshot of a vibrant and evolving cryptocurrency market fueled by Bitcoin's surge, positive sentiment among investors, and crucial movements in token unlocks. These insights serve as valuable perspectives for investors navigating the intricate landscape of digital currencies.

[birdemic]

american-brained people who arent even american are the most annoying i think

[recentlyheardcom]

Analyst Warns Of A POPCAT Correction Following 230% Surge

The Solana-based memecoin Popcat (POPCAT) has been making the headlines for the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in the past month, which propelled the token to a new all-time high (ATH). However, a crypto analyst has warned investors of a possible correction for the feline sensation. Related Reading POPCAT Leads…

[dubiz]

Get Your Forex Trading License In Dubai

The foreign exchange market, or forex, is like a global marketplace where people trade different currencies. They can buy, sell, exchange, or bet on how the value of one currency compares to another.  According to IMARC Group, the global foreign exchange market size is expected to reach US$ 1,466 Billion by 2032, exhibiting a growth rate of 6.92% during 2024-2032. As one of the leading financial hubs in the Middle East, Dubai has become an attractive destination for investors and businesses seeking opportunities in various sectors, including foreign exchange trading. If you are wondering how to start forex trading in Dubai, you are at the right place!  

This blog will answer all your queries related to forex trading in Dubai, forex license in Dubai, its requirements and how to get one. 

[hivelance]

Global Crypto Havens: Where to Start Your Digital Exchange Journey

With cryptocurrencies, a revolutionary class of digital assets, decentralized international trade is now possible. As cryptocurrencies gain popularity, the regulatory landscape becomes increasingly important in order to facilitate their widespread acceptance. Now, we examine the top 10 crypto-friendly countries and their blockchain infrastructure, political environments, taxation policies, and regulatory stability. Before that you should know about cryptocurrency exchange.

What is Cryptocurrency Exchange?

A cryptocurrency exchange is an online marketplace where different cryptocurrencies can be bought, sold, and traded with one another. Similar to conventional stock exchanges, these online exchanges offer a marketplace where users may trade their digital assets—like Bitcoin, Ethereum, and other altcoins—for fiat money or other cryptocurrencies. On these exchanges, users usually register and then have the ability to place various kinds of orders, such as limit and market orders.

Here is a list of the best countries in 2024 to launch a cryptocurrency exchange since they have more tax breaks and easier regulations that support cryptocurrencies. Let's examine the specifics!

Top Crypto-Friendly Countries to Start Your Own Crypto Exchange in 2024

Malta

* Malta has effectively positioned itself as a global center for blockchain and cryptocurrency businesses by creating an environment that promotes innovation and expansion.

* At the core of its endeavors is the Virtual Financial Assets (VFA) Act, a comprehensive legislative framework created specifically for the cryptocurrency industry.

* The clarity and legal certainty this law provides can be advantageous to investors and blockchain-related businesses. Investors in cryptocurrency in Malta are excluded from capital gains taxes.

* This regulation offers benefits including international recognition, creative development, investor protection plans, legal certainty, and a secure environment for cryptocurrency trading in 2024.

Germany

* Germany has established a reputation for being progressive and cutting edge when it comes to cryptocurrency. Bitcoin now has legitimacy and recognition in the financial industry since the country has acknowledged it as a viable means of exchange for private transactions.

* Germany has preserved the integrity of the Bitcoin industry by enacting stringent laws that specifically target money laundering and fraud. Germany approaches cryptocurrency in a different way! It views cryptocurrency as private money rather than an asset.

* Germany is the best country for long-term investors because it does not impose a long-term capital gains tax. Numerous blockchain startups are based there. It was also among the first to use cryptocurrency payments.

* Bitcoin has been accepted as a legitimate payment method in Germany since 2013. The profits from cryptocurrency are tax-free if retained for an entire year.

Singapore

* Crypto is very popular in Singapore, the premier finance hub in Asia. In 2024, it has a structure that is favorable to regulating cryptocurrencies. Singapore has positioned itself as one of the best legal jurisdictions that embraces innovation and cryptocurrency.

* Here, the Monetary Authority of Singapore is in charge of regulating cryptocurrency through the Payment Services Act. Individuals' cryptocurrency gains are not subject to taxation unless they come from trading activity.

* Trading profits are not subject to capital gains tax. Investors that do not have to pay high taxes are so drawn to its fiscal framework.The country boasts a strong legislative framework for virtual currency and a well-established crypto infrastructure.

Estonia

* By supporting cryptocurrencies, Estonia has made a name for itself as a country that encourages innovation and digital business. Estonia has faith in its potential to carve out a spectacular niche for itself in the Bitcoin market.

* Given the explosive expansion this industry is witnessing, investors are eager to fund any blockchain-related solutions. The nation started the e-Residency program, which lets individuals and companies establish an online presence and make use of digital services from a distance.

* Estonia has favorable tax laws that provide tax breaks for certain cryptocurrency-related activities. Additionally, the country's regulatory framework provides legal clarity and predictability for cryptocurrencies.

* In Estonia, where Bitcoin and other cryptocurrency transactions are taxed like any other business activity, there is no corporate income tax if the profit is not dispersed.

Canada

* Being a global pioneer in the development of blockchain and cryptocurrency technology, Canada has established itself as a hub for technological advancements in business.

* The success of Canada is largely attributed to its clearly defined regulatory framework, which carefully balances safeguarding investor interests with promoting innovation.

* In general, Canada's tax policies regarding cryptocurrencies are favorable. Since the country sees cryptocurrencies as commodities rather than as legal money, they are subject to capital gains tax.

* Due to this classification, tax liabilities for individuals and businesses can be estimated based on gains or losses on Bitcoin investments. Canada also provides clear guidelines and reporting requirements for taxpayers using cryptocurrencies in order to guarantee transparency and compliance.

Portugal

* Portugal is currently a sought-after destination for Bitcoin investors and entrepreneurs. With a "crypto-friendly tax regime" that exempts individuals from VAT and offers advantageous tax rates for activities related to cryptocurrencies, the country offers a tax environment that is favorable to cryptocurrencies. Portugal has additionally shown that it supports blockchain innovation and provides a transparent regulatory environment for digital assets.

* Profits from the acquisition and sale of cryptocurrencies are tax-free for individual investors, provided that they do not constitute their primary source of income and that the tokens have been kept for more than 365 days.

* Businesses that offer cryptocurrency services are nevertheless subject to capital gains taxes. The Portuguese government only enacted special legislation to tax revenue from cryptocurrency investments in January 2023, however, these are widely seen as more favorable than in other European jurisdictions. Numerous worldwide cryptocurrency events, such the Web Summit and Nearcon23, are held in Portugal.

Hongkong

* Hong Kong is a desirable destination for businesses looking to launch a cryptocurrency exchange because it provides a special combination of benefits.

* The cryptocurrency regulatory system achieves a balance between protecting investors and promoting innovation.

* The tech-friendly climate in Hong Kong creates a favorable atmosphere for the acceptance and use of cryptocurrencies, opening up a market that is open to your exchange's services.

Luxembourg

* Luxembourg has embraced cryptocurrencies and blockchain technology, positioning itself as a significant financial hub. The country provides investors with a safe and secure regulatory environment.

* Luxembourg boasts advantageous tax laws, including no capital gains tax on cryptocurrency gains for individuals and a tax system that is welcoming to blockchain businesses.

* Luxembourg distinguishes itself from other nations that embrace cryptocurrencies by treating them as legal money and allowing unrestricted use and exchange of cryptocurrencies inside its boundaries.

* Although there aren't any official rules for using cryptocurrencies in Luxembourg currently, authorities there frequently develop progressive legislation in this area. Netherlands

In the Netherlands, the regulatory landscape surrounding cryptocurrencies and blockchain technology is evolving. The country has Anti-Money Laundering (AML) and Know Your Customer (KYC) laws in place to guarantee compliance. Cryptocurrencies are treated as assets for capital gains tax purposes under the favorable tax laws of the Netherlands.

United States

* The US has a complicated regulatory environment for cryptocurrencies with numerous laws at both the federal and state levels.

* Some states have passed stricter rules, although Wyoming and other states have embraced policies that are favorable to cryptocurrencies.

* According to US tax regulations, bitcoin holdings and transactions by individuals are taxable as capital gains and need to be recorded. However, the IRS has published guidelines about the tax treatment and reporting requirements for cryptocurrencies. Georgia

* Georgia has become a crypto-friendly country, providing a tax environment that is advantageous to those who use cryptocurrencies.

* Because personal cryptocurrency earnings are exempt from income tax, dealers and investors find the environment to be appealing.

* To further solidify its status as a friendly hub for digital currency activity, the nation has been actively promoting blockchain technology and providing tax benefits for miners.

* VAT is not imposed on legal entities operating in Georgia that mine and trade cryptocurrency. If the distribution happens, the only taxes owed are a 5% dividend tax and a 15% CIT. Profits that are reinvested and undistributed are consequently tax-free.

Malaysia

* Long-term capital gains from any investment, including cryptocurrency investments, are exempt from taxation under Malaysian law. Cryptocurrency trading is likewise exempt from VAT. It was not until recently thought that all transactions involving cryptocurrencies were tax-free, including day trading.

* On the other hand, the latest discussions state that traders who are actively involved in cryptocurrencies must report their profits.

* The earnings from buying and selling cryptocurrencies will be subject to income tax as business income if they are revenue-producing in nature.

* To provide greater clarity on this matter in Malaysia, new regulations pertaining to bitcoin taxation will shortly be released. South Korea

* In Asia, South Korea is now a prominent player in the adoption of cryptocurrencies and blockchain technology. However, public scrutiny of the Bitcoin business is growing as its popularity soars.

* South Korea's cryptocurrency market operates in a very secure manner due to the country's proactive approach to regulating digital assets, which includes the enactment of numerous laws and regulations. United Arab Emirates

* To become a leader in the digital economy, UAE has undergone considerable change. Adopting blockchain technology, the UAE government established free zones exclusively for blockchain and cryptocurrency businesses. * These free zones provide regulatory support, tax incentives, and business-friendly regulations. Crypto exchanges and the ecosystem are booming in Dubai. * As a crypto hub, Dubai's Crypto Exchange is essential. With backing from the UAE government, Dubai is gradually becoming one of the world's leading hubs for the cryptocurrency business. * Furthermore, the UAE has put in place robust policies to prevent AML and guarantee safe online transactions. UAE has established regulations pertaining to bitcoin exchange licenses. Also, encourages investor protection and transparency for other companies involved in the cryptocurrency space. China

* According to Chainalysis, Chinese merchants profited a net of $86 billion from cryptocurrency activity between July 2022 and June 2023. People have in certain instances kept using accounts they had opened on foreign exchanges. They didn't always require a virtual private network, depending on the situation.

* It has also been feasible to conduct peer-to-peer trading through social media apps like WeChat and Telegram. There are accounts of persons using middlemen to establish organizations overseas, then utilizing that foreign company to finish institutional know-your-customer (KYC) identification on cryptocurrency exchanges.

* In addition to advancing the main domestic goals of the Chinese government, China's digital currency revolution might have a significant impact on society as a whole and hasten the US's retreat from international trade.

* In a few years, nominal GDP in China will surpass that of the US. Yet China finds it difficult to balance its determination to have extremely strict capital controls with its aspiration to make its currency more widely used. Vietnam * Vietnam has not yet created a thorough regulatory framework for virtual currencies. The use of cryptocurrencies in transactions is prohibited by the Ministry of Finance of the country, which has designated them as an unlawful form of non-cash payment. Nonetheless, the cryptocurrency industry in Vietnam is developing quickly, and more and more investors are calling for clearer regulation and oversight. * The government allows people to own virtual assets even though it does not view cryptocurrencies as legal money, which has led to the development of a thriving cryptocurrency market in the nation. * Due to the lack of strong regulatory frameworks and the fact that trading cryptocurrencies is prohibited, investors have been pleading for more monitoring and control. Conclusion

With time, a lot of nations are focusing more on the adoption of cryptocurrencies and creating safe environments for them. By the year 2024, we will have gone a long way from our beginnings. We have a large number of people from a few countries who are starting to see the possibilities of cryptocurrencies. Your best choice will depend on the goals of your business and the type of operation; there isn't one solution that works for every situation. Encouraging entrepreneurs to make educated decisions and boosting their chances of success in the ever-changing world of cryptocurrency companies requires being up to date with regulatory conditions as they change.

Hivelance - Your Best Choice For Crypto Exchange Development Solutions

Our cryptocurrency exchange development company can provide your cutting-edge cryptocurrency exchange business with highly qualified professionals. With the help of our tech specialists, we keep on the cutting edge of crypto technology developments and utilize the newest tech stacks to customize our exchange and trading business solutions to your needs. We provide all-inclusive solutions for a range of cryptocurrency exchange models, with a focus on consulting you through the launch of your venture. Our professionals guarantee that they will respond to or resolve your questions and needs while providing excellent technical and non-technical assistance. With our cryptocurrency exchange script solutions, you can put your innovative ideas into action and start your cryptocurrency exchange business.

[cryptonewspod]

Game-Changing: Top 10 Cryptocurrencies to Transform Your Virtual Gaming World!

Cryptocurrencies and the gaming industry have teamed up to bring exciting and amazing changes to virtual economies. The use of blockchain technology in the gaming industry has led to the rise of cryptocurrencies which are having a major impact on the transactions, ownership and economic activities of this virtual world.Let us try to know about the Top 10 cryptocurrencies that have the potential…

[guidetocryptocurrency1]

In this article, we will delve into the top 10 cryptocurrencies that are worth considering for investment in August 2023. These cryptocurrencies have demonstrated strong market performance, innovative technology, and robust fundamentals, positioning them as promising investment options

[dencyemily]

Steadfast at $51K: Bitcoin Holds Ground while Altcoins Experience Dynamic Movements

As the cryptocurrency market continues to showcase its dynamic nature, a recent analysis by CryptoRank.io provides insights into the contrasting movements among the top-10 cryptocurrencies. Bitcoin, maintaining stability around $51K, stands out amidst unpredictable shifts in other digital assets. Here's a comprehensive overview of the current market dynamics:

1. Bitcoin's Stability and Market Contrast

Bitcoin, the leading cryptocurrency, demonstrates stability with a trading value around $51K. In contrast, the top-10 cryptocurrencies, including BNB, AVAX, and SOL, exhibit unpredictable movements, illustrating the inherent volatility of the crypto market. BNB experiences a modest increase, while AVAX and SOL face declines of 1.77% and 1.50%, respectively.

2. Market Capitalization and Investor Sentiment

The overall market capitalization experiences a slight drop of 0.47%, totaling $2.05 trillion. This subtle shift indicates a noteworthy change in investor sentiment. Bitcoin's dominance falls to 49.03%, accompanied by a Fear & Greed Index of 76, signaling extreme greed among investors.

3. Top Gainers: Pangolin, Trollcoin, and Spell Token

Pangolin leads the pack of top gainers with an impressive surge of 122%. Trollcoin and Spell Token follow closely, showcasing substantial price increases of 59% and 42.1%, respectively. These significant movements underscore the dynamic and lucrative nature of the crypto market.

4. Token Unlocks: Immutable, Bonfida, and Coin98

Recent token unlocks contribute to the market's liquidity influx and highlight strategic developments. Immutable leads with a substantial $110.17 million unlock, followed by Bonfida and Coin98 with unlocks of $8.64 million and $6.20 million, respectively. These events provide insights into the evolving landscape of the crypto industry.

5. Price Movements and Investor Strategies

Bitcoin's current price stands at $50,862.89, and BNB at $380.32, reflecting modest increases. AVAX and SOL face downturns, emphasizing the constant ebb and flow of the crypto market. Notable price movements include Pangolin's surge to $0.187477 and positive trends for Bonfida and Coin98, indicating growing investor interest in these assets.

6. Ever-Changing Cryptocurrency Landscape

The crypto market's ever-changing landscape demands vigilance from investors as they navigate through fluctuations. The analysis underscores the importance of staying informed and adapting strategies to capitalize on potential opportunities within the dynamic crypto ecosystem.

In conclusion, Bitcoin's stability amidst top-10 volatility and the notable movements of specific altcoins highlight the multifaceted nature of the cryptocurrency market. Investors must remain agile and informed to navigate through the constant shifts and seize opportunities in this evolving financial landscape.

[cryptoprandmarketingagency]

Top 10 Crypto PR And Marketing Agencies in 2023

Crypto PR and marketing agencies play a vital role in helping blockchain companies navigate the complex landscape, build brand awareness, and connect with their target audience. In this article, we will explore the top 10 crypto PR and marketing agencies that have been recognized for their expertise and contributions to the industry.

[kumar-pradeep]

World Top Cryptocurrency Exchange in India

CoinCred Pro is a global cryptocurrency exchange that offers a wide range of features and services to its users, including high liquidity, low fees, and a user-friendly interface. It is one of the most trusted and reliable cryptocurrency exchanges in the world.

[bitbharat]

Buy, trade, and hold cryptocurrencies on BitBharat #Exchange Platform

BitBharat, an India-based cryptocurrency exchange, has announced the launch of its Initial Exchange Offering (IEO) launchpad. The launchpad will allow users to buy and sell tokens that are listed on the platform.

[cryptotradinginindia]

The Basics Of Cryptocurrency and Cryptocurrency Trading

You may have come across the word "Bitcoin" or heard your favorite influencer talk about trading crypto. Or maybe your peers were looking for the top 10 crypto trading in India that got you curious.

Whatever may be the reason, as a beginner, it is still an alien subject. You may know about its existence, but there could be some unanswered questions that you may have. So, sit back comfortably as we go over the various concepts regarding crypto and crypto trading.

Understanding Cryptocurrency And Crypto Trading

The growing popularity of cryptocurrencies such as Bitcoin has led several individuals to dive into the crypto world. From a 2021 report, it was said that more than 100 million Indians own crypto. Also, today many want to buy mining devices in India to create these currencies.

So, what is crypto or cryptocurrency?

It is a form of intangible currency, digital, and exists virtually. These currencies make use of cryptography to make transactions secure. Cryptocurrencies such as Bitcoin use blockchains, a distributed digital public ledger where all the information regarding transactions is stored and maintained.

Today, you can buy mining devices in India and start mining or creating cryptocurrency. This device is designed to solve complex math problems that help generate coins. Users have the liberty to purchase, sell or exchange this currency.

Why use a digital currency when you already have a federal currency?

Unlike traditional currencies, crypto is not governed by a centralized entity. Rather, it is distributed over a network to facilitate peer-to-peer transactions. Where the government operates your traditional currency, crypto is operated by a private system.

Federal currency requires third-party entities to complete a transaction, increasing transaction costs. This is not the case with crypto.

Trading your cryptocurrency

When you are planning to buy or sell this currency with the help of the platforms/exchanges that come under the top 10 crypto trading in India, it is known as crypto trading. The goal of crypto trading is to gain profits over a definite period.

Once you have selected a suitable trading platform and created your account, you can start trading by depositing an initial amount. Remember, trading is not the same as investing. Different from investing, the time taken for an outcome is less. However, trading is about building your wealth and takes a good amount of time and skills.

Additionally, there are a variety of trading strategies that you must practice. To understand the market, start trading your assets. You can try day trading, scalping, range trading, HFT, and others to gain desired returns.

Conclusion

Crypto trading can be quite daunting for beginners and may seem difficult. However, it isn't easy to start. Once you get the hang of it, you can try buying and selling your assets.

However, ensure that you have conducted complete research on the exchanges, currencies, trading platforms, etc. So, select your crypto and begin trading today.

[thepowerofknowledge]

Top 10 Crypto News || Today Crypto Update

Top 10 Crypto News || Today Crypto Update

1. Trademark Roundup : SIR MIX-A-LOT, Lionsgate and Mastercard File New Web3 Trademark Applications

Read more............

[cryptonewspod]

Best App For Cryptocurrency Trading In India - CryptoNewsPod

Best App For Cryptocurrency Trading In India – Cryptocurrencies have become increasingly popular in India over the last few years. With the rise in demand, there has been a surge in the number of cryptocurrency trading apps in the market. In any case, not all applications are made equivalent, Additionally, selecting the appropriate app can seem like a daunting task. In this article, we will take…