Mr X (PREMIUM CRYPTO signals)๐ธ
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#Educational_Post
"Bullish โค๏ธ or Bearish ๐ฅ?
Share your sentiment about the market! Let's hear your thoughts with the same passion!"
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Long๐
Shortโค๏ธ
Every 210,000 blocks (roughly a 4 year time period), a pre-determined reduction in issuance occurs, reducing the newly minted BTC coins by 50%. The fourth Bitcoin Halving took place over the weekend, seeing the block subsidy decline from 6.25BTC to 3.125BTC per block, or an approximate issuance of 450 BTC per day (for 144 blocks mined).
With every Halving, we can see some strong bullrun, so you know in longer vision what comes next.
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๐ฎ๐ณ India has introduced a new #tax framework for cryptocurrencies
โ ๏ธ Anyone dealing with crypto assets must understand the new tax rules.
Hereโs What Investors Should Know ๐งต
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๐จ๐จ Heavy selling was reported in Bitcoin๐ฅ Spot ETFs, with net outflows totaling $121 million on April 24th.
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