❗️PRESIDENT OF BRAZIL STILL CONSIDERING TAXING CRYPTOCURRENCY TRANSACTIONS ❗️
President Lula has not ruled out taxing cryptocurrency transactions as an alternative to increasing the IOF. Published on June 3, 2025, at 11:40 AM. Last updated on June 3, 2025, at 12:06 PM. #CryptoCharts101 #USChinaTradeTalks
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1- Metamask - The Fox that everyone knows. It's not exactly a website, it's a crypto wallet, which is essential for you to have if you want to truly interact with the crypto world and keep your cryptos safe. 2- CoinGecko - The Information Gecko In addition to providing updated prices and market values, the website also features fundamental indicators and important data on DeFi tokens. 3- DefiLlama - The Llama that everyone likes. This site provides a wide range of information about projects. The main information is about "how much money is circulating within that respective project".
My first cryptocurrency was Bitcoin. I saw an article on Facebook and thought about buying it. I went there with my humble R$50 and bought it. Those R$50 turned into R$22,000. I became addicted to buying cryptocurrencies. #ChristmasMarketAnalysis #BNBToken $BNB #BinanceSeason
A trader managed to turn an initial investment of 0.4 SOL (around $90) into a profit of 3,600,000% by trading the memecoin Unicorn Fart Dust (UFD). The journey, according to data from Lookonchain, began with the acquisition of almost 13 million UFD tokens, and in just two days, the trader made two large exchanges that consolidated his gains. In the first trade, the trader exchanged 50,000 UFD for 13.27 wrapped SOL (wSOL), valued at over $2,800. He then made another exchange of 30,490 UFD for 7.96 wSOL, totaling approximately $1,700. The remaining UFD tokens still in the trader’s possession are estimated to be worth around $3.25 million.
How much tax does Brazil charge on cryptocurrencies!!! Let's take as an example the hypothesis in which the individual acquired R$5,000 in bitcoin. If this amount is sold for R$50,000, income tax will be levied at a rate of 15% on the gain of R$45,000, totaling R$6,750 in tax related to the capital gain. It is speculated that this tax will increase to 25% in 2025. This will be a blow to the Brazilian cryptocurrency market. #bitcoin #ETH #Binance
Central Bank reveals it may block withdrawals with digital reais and freeze money if necessary
And there are people who still think they don't need to learn about Crypto Crypto will be the only salvation against the end of paper money, and widespread manipulation/population control Sure, this can already happen with your funds in the bank, but the point is that it will become even easier to lock up your money. In fact, they can very well decide how much you can spend, what you can spend it on, and a deadline for you to spend it. It's weird, but it's for your own good.🤡🤡 #TopCoinsSeptember #TopCoinsSeptember2024 #MarketDownturn #BecomeCreator
China's central bank just unveiled its most aggressive stimulus since the pandemic, and it will have an impact
Every time there is an expansion of liquidity, Bitcoin responds positively, below we have the white line that represents China's liquidity, and in light blue the price of Bitcoin. Another positive point is that other central banks will also begin their expansion cycle, and Global Liquidity will eventually increase, leading to a positive impact on the price of Bitcoin. Orange line = Liquidity Black line = Bitcoin Price The market won't wait, spread the word by sharing this post✌️
Initial investment In 5 years CDI R$ 1.000 = R$ 1.581 Bitcoin R$ 1.000 = R$ 5.510 Bitcoin offers several advantages to investors. In addition to acting as a store of value similar to gold, it can also be seen as an independent means of payment free from government control. At the same time, the blockchain technology that underpins it makes transactions auditable and transparent.
President Lula's proposal to impose taxes on transactions with Bitcoin and other cryptocurrencies can be criticized from several perspectives: ### 1. **Impact on Cryptocurrency Adoption** **Inhibition of Growth**: Additional fees may discourage cryptocurrency adoption, especially among small investors and new users. This could limit the industry’s growth potential and the innovation associated with blockchain technologies. ### 2. **Implementation Complexity and Cost**
Bitcoin futures already move 15 times more than cryptocurrency; understand
Amount compares values traded on B3, with the cryptocurrency derivative, in the futures market, and bitcoin operations in Brazil in the spot market. The accumulated volume traded with Bitcoin futures contracts (BITFUT), released by the Stock Exchange on April 17, already totals R$223.3 billion, until August 20, according to data from the stock exchange. The amount is about 15 times higher than the R$14.2 billion traded in Bitcoin (BTC), in the spot market, on local exchanges in the same period, according to information from the monitor.biscoint.io platform.
Bitcoin is trading at $59,338 around 8am this morning, down 2.90% in the last 24 hours. Ethereum (ETH) and major altcoins are also trading in the negative. Cryptos with low market cap are trading mixed. Signal in crypto futures market indicates possible Bitcoin surgeOn Binance and Bitget listing day, memecoin soars 520% while Bitcoin turns bullish Cryptocurrencies follow the stock market after members of the US monetary authority show intention to start reducing the tightening.
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