FameEX Morning Crypto News Recapitulação | 14 de outubro de 2024

Individual Bitcoin Holders Surpass Governments in Total Holdings

Statistics show that ordinary users now hold about 11.97 million bitcoins, surpassing governments, which hold about 500,000 bitcoins, marking a significant shift in Bitcoin ownership.

2024 Ranking of Best Countries for Cryptocurrency Business Released: Dubai, Switzerland, and South Korea Top the List

The 2024 ranking of the most suitable countries for cryptocurrency business has been released, with Dubai, Switzerland, and South Korea taking the top three spots. Dubai leads due to its regulatory clarity, no capital gains tax, preferential 9% corporate tax, and affordable licensing fees. Other top countries include Singapore, the U.S., Estonia, Italy, Russia, Germany, and Brazil.

USDT Balance on Cryptocurrency Exchanges Soars 146% to Record High

On October 12, Onchain HQ research director Leon Waidmann reported on X that the USDT balance on major cryptocurrency exchanges surged 146%, reaching a record $22.7 billion. Waidmann noted that historically, such an increase signals strong upcoming buying power for Bitcoin and the broader cryptocurrency market.

South African Revenue Service to Include Crypto Assets in Tax Compliance Program

The South African Revenue Service (SARS) plans to incorporate crypto assets into its tax compliance program, gathering information on crypto users and increasing efforts to identify and audit taxpayers who are not compliant with crypto-related tax obligations.

Bitcoin Surge Fueled by $1.5 Billion in Leverage

Cryptoquant analyst Maartunn shared on X that the current Bitcoin rally is driven by over $1.5 billion in leverage, similar to the previous decline from $64,000 to $59,000, which was also caused by excessive leverage. He warns that the risks remain extremely high.

Elon Musk Announces Successful Starship Landing and Completion of Fifth Flight Test

Elon Musk announced on X that Starship successfully landed on its target, completing its second major objective. NASA Administrator Bill Nelson noted that continued testing will prepare for future missions to the lunar south pole and Mars. Musk responded, expressing his excitement to support NASA in returning humans to the moon.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.