Author: Achraf78
Elderly Crypto Scammer Sentenced to Five-Year Probation Due to Age and Health Prosecutors opted for a lenient five-year probation sentence for David Kagel, a crypto schemer, citing his advanced age and poor health. Kagel’s legal troubles stemmed from his involvement in fraudulent activities within the cryptocurrency space. Age and Health Factors Play a Role in Sentencing During the court proceedings, Kagel’s defense team emphasized his age and health issues, which ultimately influenced the prosecution’s decision to recommend probation instead of a harsher punishment. At 72 years old, Kagel’s deteriorating health condition made prison time a challenging prospect. The Impact of…
Ethereum Price Consolidates Near Key Support Levels The price of Ethereum recently corrected gains and tested the important $2,400 support level. Currently, ETH is consolidating and may be gearing up for a potential move above the $2,465 resistance. Let’s take a closer look at the latest developments. Ethereum experienced a downside correction below the $2,500 zone. Currently, the price is hovering just above $2,430 and the 100-hourly Simple Moving Average. A short-term rising channel is forming with support at $2,420 on the hourly chart of ETH/USD (via Kraken). For any upward momentum, the pair must maintain above the $2,400 support…
Optimizing Your Excess CPF Savings: Strategies for individuals aged 55 and over As we approach the closure of CPF Special Account (SA) in early 2025 for individuals aged 55 and over, exploring the options for excess funds in CPF Ordinary Account (OA) becomes crucial. While not personally facing this situation yet, the following information aims to provide valuable insights for those who are. Understanding the primary advantages and disadvantages of various options is essential. Let’s delve into the possibilities: Option 1: Transfer to CPF Retirement Account (RA) – Enhanced Retirement Sum (ERS) Transferring funds to RA offers a minimum guaranteed…
Title: Can You Still Profitably Mine Bitcoin with a Bitaxe? A First-hand Look When I entered the Bitcoin space in 2017, I humorously named myself “nikcantmine” on Twitter (now X) due to my lack of resources for mining BTC in high school. But today, I proudly became “nik CAN mine.” During the Human Rights Foundation’s Bitcoin Summit in Nashville, I received a Bitaxe, a small open-source bitcoin miner. Setting it up was easy, and the experience of holding a miner in my hand felt uniquely cypherpunk. While connecting to a mining pool might not yield profits, solo mining with this…
Experience the Outdoors in Denver, Colorado Denver, Colorado, is a haven for outdoor enthusiasts, offering breathtaking mountain views and endless adventures. Whether you’re a seasoned trailblazer or simply looking for weekend fun, Denver has something for everyone. With vibrant city parks and scenic trails in the foothills, there’s no shortage of activities to keep you moving and exploring year-round. 1. Embrace the Seasons: Hike, Ski, and Explore Denver serves as a gateway to some of the best hiking and skiing destinations in the country, making it a mecca for outdoor lovers. Just a short drive from the city, you can…
Title: Bitcoin Price Prediction: Veteran Trader Forecasts $150,000 Cycle High A seasoned trader recently shared insights on Bitcoin’s price action, suggesting that the cryptocurrency is following a “perfect script” that could lead to a potential $150,000 cycle high. This bold prediction has garnered attention from investors and analysts alike. Bitcoin’s price movements have been closely scrutinized in recent months, with many speculating on its potential trajectory. The veteran trader’s analysis provides a fresh perspective on where Bitcoin could be headed in the near future. Key Turning Points in Bitcoin’s Journey One of the main highlights of the trader’s analysis is…
Title: Scott Matherson: A Leading Crypto Writer Shaping the Future of Finance Scott Matherson, a prominent crypto writer at NewsBTC, is a seasoned expert with a talent for capturing the pulse of the market. With a focus on pivotal shifts, technological advancements, and regulatory changes, Scott has become an essential resource for demystifying the world of cryptocurrency for readers. Industry Expertise and Insight Scott’s expertise extends beyond crypto, drawing from his experience in banking and investment. This unique perspective allows him to break down complex topics in a way that is accessible to readers from all walks of life. Scott’s…
Brazil’s Alcohol Tax Overhaul: Simplifying the System for Better Revenue and Health The Brazilian government is on the brink of making a landmark change to its alcohol taxation policy. This modernization effort aims to create a simplified tax system that boosts alcohol tax revenue while encouraging reduced consumption without bias. Experts argue that alternative strategies under review are much less efficient and effective, leading to a less neutral tax policy. On July 10, the Brazilian Lower House passed a sweeping tax reform bill. This legislation proposes a specific tax based on liters per alcohol (LPA), calculated by multiplying a product’s…
Bitcoin Continues to Shine in 2024 Despite Q3 Challenges Despite facing tough times in the third quarter of 2024, Bitcoin has remained strong throughout the year and continues to outperform other currencies. According to a recent report by the New York Digital Investment Group (NYDIG), Bitcoin saw a modest 2.5% gain in Q3, bringing its total growth for the year to an impressive 49.2%. This positive performance comes despite the cryptocurrency market experiencing significant pressure. Navigating Market Dynamics and Challenges The third quarter has historically been a challenging period for Bitcoin, with various obstacles affecting its performance. This year, the…
**Excise Duty Adjustments on Beer Across Europe in 2024** Estonia has increased its excise duty on beer, raising it from €12.70 to €13.34 per hectoliter per alcohol content as of January 2024. This change translates to an additional €0.01 per drink. In contrast, Finland has reduced its excise duty on beer from €38.05 to €36.20 per hectoliter in January 2024, making each drink €0.03 cheaper. France’s excise duty on beer climbed from €7.82 to €7.96 per hectoliter per alcohol content in January 2024, resulting in a €0.04 increase per drink. Lithuania raised its excise duty on beer from €8.60 to…