Author: coinadrenaline
Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure 1303 as part of the government’s push to raise revenue through financial market taxation.Until now, Brazilian residents who sold up to 35,000 Brazilian reals (roughly $6,300) in crypto assets per month were exempt from income tax. Gains beyond that were taxed progressively, starting at 15% and reaching as high as 22.5% for volumes above 30 million Brazilian reals.The new flat rate, which went into effect starting June 12, removes all…
It’s always fun to hear about new grants as they’re awarded, but what happens after the announcement? In this series, we’ll check in on a couple of projects that are well underway – or already at the finish line. Read on to learn about some recent milestones and achievements by grantees! InterRep For a user switching to a new social media platform, one of the biggest points of friction is rebuilding their reputation. InterRep aims to reduce this friction by allowing a user to link a social media account with an Ethereum address, which can be used to confirm their…
If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting. But what does it mean when someone says the crypto market is capitulating? And why should you, as an investor or even an observer, pay attention?Let’s break it down.Crypto market capitulation explainedCapitulation in crypto markets means investors are surrendering to fear. After a prolonged downturn or a sudden crash, holders, especially short-term or highly leveraged ones, rush to sell their assets to avoid further losses. This massive sell-off leads to a steep price drop,…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Responding to the surging demand for transparency in decentralized finance (DeFi), Sonic Labs is boosting its onchain intelligence by integrating Bubblemaps V2, giving users better visibility into wallet behavior and token flows. Deeper Visibility into Wallet Behavior and Token Flows Sonic, the high-performance EVM blockchain, is significantly bolstering its on-chain intelligence capabilities through the integration […]
Vietnam’s entry into BRICS cements the bloc’s rise as a global powerhouse, expanding its partner network to 10 nations and accelerating momentum for systemic financial realignment. BRICS Welcomes Vietnam, Underscoring Push for Inclusive World Order As BRICS continues expanding its global footprint, Brazil, serving as the current chair of the group, announced on June 13 […]
Welcome to London! This is an exciting time for the Ethereum ecosystem, and the pace will only pick up further as we approach Altair [1] [2] and the Merge in the months ahead. The Beacon Chain now has 6.5+ million Ether staked, and 200K+ active validators online across five clients, and the network is now burning Ether as part of the changes made with the London update. As always, there’s much more progress being made by EF-supported projects and teams that help to improve our Ethereum experience. This roundup series is an opportunity to highlight their efforts to grow and…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a…
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin (BTC) falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.On Thursday, the Index was holding a Greed score of 71.Bitcoin was nearing all-time highsBitcoin’s price…
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin (BTC) falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.On Thursday, the Index was holding a Greed score of 71.Bitcoin was nearing all-time highsBitcoin’s price…