Xander Crypto

So to recap the new proposed tax rules: Metamask is a broker and has to KYC and report all users unless it removes swaps. Uniswap is a broker and is required to update its UI to a new KYC version. Anything with a multisig is a broker and is required to add KYC. public-inspection.federalregister.gov/2023-17565.pdf

So to recap the new proposed tax rules: Metamask is a broker and has to KYC and report all users unless it removes swaps. Uniswap is a broker and is required to update its UI to a new KYC version. Anything with a multisig is a broker and is required to add KYC. public-inspection.federalregister.gov/2023-17565.pdf

🟠 Bitcoin long-term holder supply is at an all-time high, 14.654M. While short term holder supply is at all-time low, 2.561M (discounting 2011). Half of the total supply of the short term holders is currently sitting at a loss. Credit to James V. Straten for the info.

How crypto trading feels like 😂

BTC: Volume Indicator Still Shows Weakness of Buyers… As the markets open we expect some volatility, which in turn may cause a candle wick that touches the entry area as shown on the chart - Long Between 25870 and 25700 -The stoploss can be placed below 25500 ( Around 1.10% )

📣Cost required to mine 1 Bitcoin ➡️The average household electricity cost for mining is $46,291.24.

🟠 Apparently a solo Bitcoin miner with ~1PH of hash rate won a block reward worth 6.25 $BTC!⚡️ A miner this small would only solve a solo block once every 7 years on average at this difficulty 💪

Bitcoin hashrate continues to rise, hits an all-time-high

📊 Goldman Sachs just said the probability of a recession in the next 12 months is down to 20%.

As per Puell Multiple, Bitcoin is just getting started for Bull run, consolidation duration is more than what we expected, hope that pays off in the next bull run.

True Bitcoiners just love seeing cheap sats on sale!

🟠 JAN3's CEO explains that Bitcoin is a test of how much a political candidate stands for freedom 👀 "The ability to understand Bitcoin and to incorporate that into the campaign messaging and more importantly into the actual implementation of campaign promises is a test on how much that candidate stands for freedom." - Samson Mow

🇬🇧 NEW: UK Quantum Blockchain Technologies company claims they developed 🤖 AI-powered algorithmic search methods that raise Bitcoin mining efficiency and reward probability ⚡️

🟠 Bitcoin hashrate at an all-time high ⚡️

The Fed in January 2008 vs July 2023 🤔 They say history doesn't repeat itself but it often rhymes.

"How many times must Bitcoiners be proven right before the masses realize the truth?" - Alan B Watts

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"Hodling starts with self-love."