#Bitcoin #portugal #zerotax

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Dave's Daily Crypto Take

In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.

My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.

ARTICLES used in today's video:

https://ambcrypto.com/this-is-where-these-factors-affecting-bitcoins-price-movements-will-take-it/

This is where these factors affecting Bitcoin’s price movements will take it

Bitcoin took quite a ride from its all-time high of over $69,000 to its recent low of $34,000. This has given way to the million-dollar question – What is affecting Bitcoin’s price movements?

Well, various interpretations are afloat. However, it’s important to note that a wide range of factors from macro-economic conditions to on-chain metrics have been influencing the king coin.

https://www.weforum.org/agenda/2022/02/non-fungible-tokens-nfts-and-copyright

What do you actually own when you buy an NFT?

Since 2021, NFTs have become popular amongst the masses, bringing art and technology together.

When purchasing NFTs, the work is not owned, rather the metadata is, an intellectual property law expert says.

With the current novelty surrounding NFTs, the idea of copyright seems to create confusion and grey areas.

https://ambcrypto.com/the-a-to-z-of-what-bitcoins-recovery-is-suggesting/

The A to Z of what Bitcoin’s ‘recovery’ is suggesting

After the market witnessed mayhem in early January, the crypto-verse is now on the path to recovery. The global cryptocurrency market cap recovered by 2.5% in the last 24 hours. This, while Bitcoin’s dominance remains under 40% on CoinGecko.However, reversing its last week’s slide, BTC managed to gain by 12% over the past week to trade near $42,500, at the time of writing.

https://www.coindesk.com/markets/2022/02/07/bitcoin-will-reach-200k-in-second-half-of-2022-fsinsight-says/

Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says

Bitcoin became increasingly correlated with equities toward the end of the fourth quarter of last year and fell when faced with the prospect of central bank tightening, FSInsight said in a note entitled “Digital Assets in a Post-Cycle World.”

The correlation has become more pronounced with bitcoin and the wider crypto market now being strongly correlated with technology stocks because of “legacy market capital entering the fold,” Sean Farrell, head of digital asset strategy, wrote in the note on Friday.

https://www.cnbc.com/2022/02/06/bitcoin-family-moves-to-portugal-crypto-tax-haven.html

The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies

Didi Taihuttu, patriarch of the so-called ‘Bitcoin Family,’ is setting down roots in Portugal, Europe’s ultimate crypto tax haven.

The Dutch family of five that has spent the last five years traveling to 40 different countries.

The Taihuttus chose Portugal for its advantageous crypto tax rules, which include a 0% tax on bitcoin.

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/

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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.

Thank you very much

Dave

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