Dubai, Switzerland, and South Korea have been recognized as the number one locations for crypto businesses in 2024, due to the legal clarity, favorable tax rates on capital gains and corporate income, and a large number of registered crypto firms.
Binance shared its Proof-of-Reserves for October
Binance released its latest proof of reserves for October, showing a decline in holdings for Bitcoin, Ethereum, and Tether, while its BNB reserves increased. BTC dropped by 1.58%, ETH by 1.37%, and USDT by 3.16%.
Render price drops to $5.3, why so weak?
Render’s price has fallen to $5.31 as market conditions remain unstable. Next to this, there are basicaly no new development on the project, no reason to hype.
Church of the Smoking Chicken Fish: A memecoin with a mission?
The Church of the Smoking Chicken Fish is a new memecoin project that wants to build a real church in Texas while sharing life lessons with humor.
Tether celebrates 10th anniversary
Tether is marking its 10th anniversary along with the success of its main product, USDT.
Chinese equities are too hot, Bitcoin loosing its attractiveness?
New trends suggest that capital is shifting from Bitcoin and other Asian equities into Chinese stocks, as China’s stock market has seen a resurgence, fueled by a wave of stimulus from Beijing.
TON announced Memelandia
TON introduced Memelandia, a new decentralized hub designed to grow its memecoin ecosystem by leveraging Telegram’s huge user base.
NFT sales reach highest level since August, the signs of the recovery?
For the week ending October 6, NFT sales volumes surged to nearly $85 million, bringing in the strongest week for NFTs since late August.
Crypto will be tax-free in UAE
Starting November 15, the United Arab Emirates will exempt cryptocurrency transactions and conversions from Value Added Tax, or VAT. This applies to both individuals and businesses.
