Are we excited yet?

your rose is outside. and Eth

and BTC. surprising they aren't going to claim BTC...I'd say they will.

link is the only one in all.

most of the rest barring ripple is meme fluff (sol is the capital) that will never do anything long-term and people should look at getting rid of.

Trump is attempting to incentivise by giving tax breaks, I had heard talk of abolishing income tax too though not sure how true that is but it looks like the tax system is in for a shakeup over there. On the other hand Gensler and warren threatened wells notices on any bank or cex if they had anything to do with crypto, and they cost millions to investors and founders of crypto who had to defend themselves against false accusations.

It’s a good effort byrne, but there are people on here who have seen exactly what the previous administration did to the industry over the last few years, and even if Trump whips his lad out and urinates all over a bitcoin miner it still wont do a fraction of the damage the last crowd achieved.

I'm not sure what attempt I'm trying to make. I see an article claiming they will potentially apply a 30% CGT on the likes of Bitcoin, whereas wiki tells me the current general CGT starts at 10% scaling to 20%. That doesn't read like an incentive to me. Quite the opposite actually. Maybe he considers Bitcoin a US made crypto but I'm not sure what definition he's using to claim such.

Unfortunately toshi got listed instead of Pepe, that could have been epic

I'm fairly Trump Agnostic, I'll judge things as I see them.

The difference is the highest cgt band today is 20%. They plan to add a new 30% band or increase the existing band on subject crypto only, to make up for the loss of revenue from 'US made crypto' being 0% presumably.

It's a pedantic point really, but it strikes me as a strange thing to do

Dividends paid on shares are taxed as income in Australia, at marginal rates. The top marginal rate is 45%. Depending on complicated rules which we needn't bother with here, the recipient of the dividend may get a partial credit for tax paid by the company before it distributed the dividend. Crypto doesn't pay any dividends but, if it did, the same would apply. The top marginal rate is 45%.

Gains earned on the disposal of shares or crypto are taxed on the same basis as gains earned on the disposal of any other asset — no special rules apply. There isn't a separate capital gains tax — gains are just added to the rest of your income and are subject to income tax, which means they are taxed at your marginal rate of income tax.

However if you've held the asset for longer than 12 months, then you get a discount — only 50% of the gain is added to your income. This effectively means that you are taxed on the gain at 50% of your marginal rate.

where u pulling that number from?

Be wary of the the algorithm, it tells you what you want to hear.

If it thinks I want to hear 140k then it doesn’t know me very well

Grand so, things can certainly change I suppose, it wasn't anticipated that the orange lad would cause a market manipulated crash after reportedly making 800 million from a rug pull but here we are. I think it's more difficult now to predict what's going to happen in this cycle than before.

Would have thought there's only about 6 or 8ish weeks left in this run but things could go sideways for a while after that mad weekend so who knows at this point. Investors do need to watch out for more manipulation which I think is guaranteed to happen again. The presidents son was shilling ETH last night FFS.

RWA?

Real world assets

https://www.coingecko.com/en/categories/real-world-assets-rwa

Those YouTubers are all frauds

140k sometime in February was my original guesstimate. But this level of choppiness at new all time highs has never been followed by a new leg up, fast price discovery followed by even quicker retraces is a bull, New addresses, On chain + ETF volume are miles off on chain volume alone 4 years ago, I simply don't see the demand, there's no new retail interest for the first time in it's lifetime, and it's slowly retracing to the 21 weekly, if and when that breaks it's usually every man for himself. But this could also be maturity, reasonably stable price followed by small incremental gains going forward is most likely or stagnation and loss of interest by the hodl crew, which equates to death, but the cultish belief is strong as yet. Two bull runs ending in a whimper won't be a good look and it will be harder to sell the super cycle narrative. I'm simply playing devil's advocate here btw, while there is certainly a lot of positivity out there, I wouldn't hang my hat on imaginary Bitcoin sovereign wealth funds unless I have proof it is happening

A clean out is needed, the corruption in the last lot is staggering, it’s common in the US to be forcibly removed from a workplace if fired and refuse to leave, it’s considered trespassing the moment they are fired.

Yep, has x running efficiently on 20% of the workforce of twitter, and will achieve the same outcome at the US government, the waste being reported is staggering, ya have to hand it to him, top man.

Anyways, an effective solution for financial transparency and efficiency is blockchain, interesting times ahead.