Chain News Daily Official TheBitTimes.com

The cryptocurrency market is once again filled with enthusiasm as prices surge, drawing anticipation from investors for new all-time highs (ATHs). Presently, major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) exhibit notable resilience, edging closer to their previous ATH levels. However, it’s not just these well-established currencies that are attracting attention. Several other altcoins are also making significant advancements, presenting investors with appealing prospects. Here are three cryptocurrencies poised to achieve new ATHs in March 2024: Bitcoin (BTC) Source BTC, the pioneering cryptocurrency , continues to capture headlines as it nears new ATHs. Recently, on March 5, the BTC price surged above $69,200, marking a significant milestone in its journey. This surge, amounting to over 21% in the past week, has rekindled bullish sentiments among investors. While forecasts differ, many experts speculate that BTC could potentially reach $100,000 in the foreseea...

Victoria, Seychelles, November 7th, 2023, Chainwire Bitget, the leading cryptocurrency derivatives and copy trading platform, has expanded its support for fiat gateways in the Middle East region. Users can now utilize the platform’s peer-to-peer trading for seven currencies : DZD (Algerian Dinars), BHD (Bahraini Dinars), TND (Tunisian Dinars), JOD (Jordanian Dinars), QAR (Qatari Rials), MRU (Mauritanian Ouguiyas), and OMR (Omani Rials). With the newly added fiat support, Bitget users can start buying and selling crypto with zero fees on Bitget P2P. Users can purchase USDT with integrated local currencies using local payment methods from anywhere globally via Bitget P2P. “Our products are aligned with Bitget’s expansion plans in the Middle East. We want to enable our traders to trade in their preferred fiat currencies . With Bitget P2P we’re enabling a seamless and convenient trading experience for our valued users in the region. We...

If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports, a congressional committee has approved amendments to a bill that recognizes cryptocurrencies as "financial assets" for tax purposes in foreign investments. In addition, the bill taxes gains on crypto asset fluctuations against Brazil's fiat currency, as well as income from fluctuations in the exchange rate of foreign fiat currencies. According to congressman Merlong Solano, the revision seeks to promote equal tax treatment since crypto investments abroad currently receive lower tax breaks. The legislation places crypto assets held by Brazilians overseas under the same tax rules as traditional assets. The changes could make local exchanges less costly options for some investors, in part...