Crypto Guide Sohail
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We provide authentic and relevant information about cryptocurrency from all around the world.
- Investing in cryptocurrency is subject to capital risk, please do your own research before investing.
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#Coinbase stock ($COIN) has fallen to an all-time low of $32.40 per share
JUST IN: πŸ‡ΊπŸ‡Έ US unemployment rate falls to 3.5%, lower than expectations.
If anyone of you is in Bangalore, you can register for it, it’s free.
🚨 #Nexo will stop its Earn Interest Product for US clients in April
🚨 Key Dates to Watch This Week πŸ‘€

14 Feb: US #CPI (Expected 6.2%)

15 Feb: US Retail Sales (Expected 0.9%)

16 Feb: US #PPI (Expected 0.4%)

16 Feb: US Unemployment Claims (Expected 200K)
$push protocol πŸ”₯πŸ”₯
Biden intends to collect $24 billion in taxes from the crypto industry!
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The head of the U.S. proposed changes to the taxation laws of "crypto". In particular, it is proposed to increase the tax on capital gains to 39.6% on income of $1 million or more - a two-fold increase in tax.

Also, the law would prohibit the sale of unprofitable assets and their subsequent redemption to reduce the tax base. Such transactions are already prohibited with stocks and bonds in the United States.

According to the president's calculations, the measures will bring in $24 billion in taxes and reduce the budget deficit by $3 trillion over 10 years. The law will be considered by the U.S. Congress and Senate.

I wonder if Biden knows that there is a tax fraud case against his son? πŸ€”
Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including BTC, BNB and ETH.

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⚑ JUST IN: πŸ‡ΊπŸ‡Έ $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.