Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿

#xrp #bitcoin #bnb #xlm #sol #ada 🏴󠁧󠁢󠁷󠁬󠁳󠁿

[Watcher.Guru @WatcherGuru]

JUST IN: Ethereum surpasses $2,700

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@Wrexham_AFC Drove past about 15:15 crowd sounded amazing 🤩 👍 🏴󠁧󠁢󠁷󠁬󠁳󠁿

[ZERO IKA 🗡️ @IamZeroIka]

We already talked about the important rejection we had toward the 0.618 (48K) a HTF key level.

This is also clearly notable by the sell volume that exceeded the 50MA.

But there's more that could be analyzed to have a better outlook.

If you pay close attention, between 44K (blue line) and 48K we never had weekly closures, just wicks.

As said during the past analyses, wicks are simply manipulative tricks made by market makers to grab liquidity while altering the overall retails' market perception.

"Bitcoin is pumping.."

Yes, but the price action tells you that the real trading activity is contained in the 40K/44K region.

This gives us a hint: each potential pump without a HTF closure above 48K must not be trusted.

As long as we remain below this level, odds to see further downside increase, opening the doors for 2 potential levels, in my opinion:

- 36K
- 32K

I personally don't think that in the eventuality we will go down to these levels, 30K will be achieved.

There's a lot of liquidity above that could make Bitcoin frontrun those who are expecting that psychological retest.

For me at this point is a waiting game without feeling the necessity of rushing into the market.

I achieved what I wanted to achieve with Bitcoin back in June, now it's a matter of capital preservation while having more clarity from the price action.

If we get Bitcoin into the mid 30s, I will start to exclusively position into altcoins, given the better ROI and the moment of cycle in which we will be headed to.

There's a time to attack and a time to defend.

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸 SEC officially approves all Spot #Bitcoin ETFs.

• VanEck
• Bitwise
• Fidelity
• Franklin
• Valkyrie
• Hashdex
• Ark Invest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸 SEC approves first Spot #Bitcoin ETF.

[Richard Brunning @richardbrunning]

Just before Christmas our friend and serial dog fosterer lost one of her Vizslas - Ulysse. He got spooked and ran off into some farmland still with the lead attached. Cue a massive local search involving many of us desperately combing hundreds of acres... 1/6

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@LEGO_Group Home Alone House with additional light and sound kit 😍 come on @Lego you need to make Home Alone 2 house 🙏

[Richard Teng @_RichardTeng]

It is an honour and with the deepest humility that I step into the role of Binance’s new CEO.

We operate the world's largest cryptocurrency exchange by volume. The trust placed on us by our 150m users and thousands of employees is a responsibility that I take seriously and hold dear.

With CZ, and our leadership team’s support, I have accepted this role so that we can continue to meet and exceed the expectations of stakeholders while achieving our core mission, the freedom of money.

The foundation on which Binance stands today is stronger than ever.

To ensure a bright future, I intend to use everything I’ve learned over the past three decades of financial services and regulatory experience to guide our remarkable, innovative, and committed team.

My focus will be on:

1) reassuring users that they can remain confident in the financial strength, security and safety of the company
2) collaborating with regulators to uphold high standards globally that foster innovation while providing important consumer protections
3) working with partners to drive growth and adoption of Web3

We are here to stay. Please lend me your support. Excited for the days ahead!

[CZ 🔶 BNB @cz_binance]

Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.

Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.

I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.

Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.

Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.

With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.

As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.

What’s next for me?

I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.

After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.

I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.

On that note, I am proud to point out that in our resolutions with the U.S. agencies they:

- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.

Funds are SAFU!

With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.

Onwards!

CZ

[Solana @solana]

Blockchains should be accessible to anyone, anywhere, anytime.

With less than $0.001 average fees per transaction, Solana 👏is 👏for 👏everyone.

#OnlyPossibleOnSolana

Join the movement: https://t.co/nQ0eqevrbL

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@Vicoseven Mine does… Shame its Monopoly money though 🤣🤣🤣

[🇬🇧 The Bitcoin & Crypto Accountant 🇬🇧🚀 @BitcoinTaxUK]

Brief overview of #crypto taxes

As exciting and profitable as #Crypto and #NFT's can be, it also comes with the responsibility of paying taxes on your gains.

HMRC requires crypto investors to pay taxes on their profits. However, not all is doom and gloom. In this post, I’ll explore how you can use your #crypto losses to effectively reduce your #UKTAX

As a crypto investor, it’s crucial to understand your tax obligations.
Failure to do so can result in hefty fines and penalties. But, if you play your cards right and follow the rules, you can optimize your tax situation to keep more of your hard-earned crypto profits.

One strategy is to use your #crypto #losses to offset your #gains, thus lowering your overall tax bill.

By claiming losses, you can reduce the amount of tax you owe on your capital gains.

In the world of investing, you win some, and you lose some.

When you sell a crypto asset for less than what you paid for it, you incur a capital loss.

Capital losses can help reduce your tax liability because they can be deducted from your capital gains, effectively lowering the amount of taxable profit or income. This, in turn, reduces your HMRC tax bill. The key here is to make sure you’re accurately calculating and reporting your capital losses.

Calculating your #crypto losses is a critical step in using them to your advantage. To do this, you’ll need to determine the cost basis of the asset you sold at a loss. The cost basis is the original value of the asset, including any fees or other expenses associated with the purchase.

Next, subtract the sale price from the cost basis to calculate the capital loss. For example, if you bought one Bitcoin for £30,000 and later sold it for £28,000, your capital loss would be £2,000.

Once you’ve calculated your losses, you’ll need to report them on your tax return.

In the UK, you should use the HMRC’s Capital Gains Tax summary form (SA108) to report your crypto gains and losses. Be sure to keep detailed records of your transactions, as HMRC may request them in case of an audit.

This is where i would suggest getting a #crypto savvy #accountant (like me ahem) to help you

In the UK, you can offset your losses against your gains in the same tax year. If your losses exceed your gains, you can carry forward the remaining losses to future tax years, offsetting them against future gains until they’re entirely used up.

For example, if you have £20,000 in capital gains and £22,000 in capital losses in the same tax year, you can offset the entire £10,000 in gains, leaving you with £2,000 in losses to carry forward to future tax years.

I hope this post has been helpful please DM me if I can help or you have any questions

Or book a call with me at https://t.co/d506PaRcOi

#CryptoTax #UKTax

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@TonySemperFi03 Happy Birthday 🥳

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@Vicoseven

[Crypto Gaz 🏴󠁧󠁢󠁷󠁬󠁳󠁿 @gareth_burrows1]

@Arrow19Broad 🤣🤣👍

[JackTheRippler ©️ @RippleXrpie]

BOOOOOOOOOOOOOOOOOOM!!!!

British Banking Giant Announces Its Cooperation with @Ripple! 👀

HSBC, one of the UK's largest banks, announced that it will work with Metaco, a technology company owned by Ripple Labs, on digital asset custody services! #XRP
https://t.co/Itq5IqdKKn