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Ukraine is taking another step toward legalizing cryptocurrency . Legislators are now in the last stages of developing a bill intended to better control the market after long-term struggle with confusing rules. Should things go as expected, the bill might be finished and put into use by mid-2025. BREAKING: 🇺🇦 Ukraine is planning to legalize crypto by mid 2025. They are setting the tax rate around 5-10%! BULLISH FOR CRYPTO! pic.twitter.com/8NDDKgn3Ou — Mister Crypto (@misterrcrypto) March 1, 2025 One issue remaining under great contention even if legalization is approaching is the tax policy. The government is weighing a tax rate between 5% and 10%. Another debate, however, suggests using a uniform tax rate akin to ordinary income tax—18% plus a military charge of five percent. Should this program be carried out, the overall tax on crypto transactions might reach 23%. Some groups think that hefty taxes would impede the expansion of the Ukrainian crypto market. Conversely, the administration contends that the nation requires more money, particularly to support military demands and war-torn rehabilitation. This presents a conundrum: would Ukraine actually impede crypto growth with a too strict tax policy, or will it become a new refuge for adoption? Ukraine has long been among the nations most advanced in the usage of digital assets, no mystery about that. The continuous battle has rendered the nation further reliant on cryptocurrency and blockchain technology for donations and financial transactions. Since digital assets are quicker and simpler than more traditional means, many worldwide communities donate them. Still, the legal situation of cryptocurrency in Ukraine has been murky so far. Although the nation established legislation acknowledging the existence of digital assets in 2021, its rules still do not entirely conform with European Union guidelines. Thus, changes to the regulations are still ongoing so that Ukraine may comply with international norms in monitoring digital assets, particularly with money laundering and criminal funding. Legal clarity is much welcomed by investors and entrepreneurs who have long been engaged in this sector. Clear laws will make crypto transactions in Ukraine no longer in a gray area. If the tax policy implemented is too expensive, though, many business players may decide to relocate their activities to neighboring nations with friendlier laws. Some analysts believe Ukraine might develop into one of the biggest centers of crypto adoption in Europe, particularly if the government strikes a mix between rigorous control and laws appealing to investors. In the next few months, the law is supposed to be presented to parliament. Should it pass the first reading, more talks aimed at mid-2025 implementation will be conducted. Still, not everyone has great hope for this chronology. Some officials and outsiders think the legislative process could be slower than expected, particularly given ongoing disputes over tax laws and other technical matters. Nevertheless, this action is nevertheless a significant indication that Ukraine is committed to using crypto’s possibilities in line with its future economic plan.

Crypto: 1 Week vs. 1 Day 📉📈 🔻 Why the dip? Likely a mix of tariff fears, a $1.5B Bybit hack & risk-off sentiment cutting Bitcoin gains. 🚀 Why the pump? Trump’s ‘Crypto Strategic Reserve’ with $BTC $ETH $SOL $XRP & $ADA may be fueling the rebound. Buy or sell? 🤔

Solana holds key support at $140, with resistance at $150 and potential targets at $155-$160. RSI nears the oversold zone, suggesting a possible bounce if buying interest increases. Derivatives trading volume surged 11.02%, signaling strong market engagement in SOL. Solana (SOL) has seen a strong rally, reaching $142.65 after an 11.58% increase in the last 24 hours. The price surged from $127.97 to above $150 before pulling back slightly. This movement suggests a mix of strong bullish momentum and some profit-taking at higher levels. As traders monitor key technical levels, Solana’s outlook remains fluid, with potential for further gains or corrective dips. Solana’s Market Trend and Key Support Solana has been trending upward, reflecting growing investor interest. The price action suggests that SOL has found key support levels, bolstering the possibility of stability or further upward movement. The primary support sits at $140, a level where the price recently bounced. If the price drops further, $135 serves as another critical support, as it marked a base before the major rally. In addition, $128 remains a significant suppor… The post Solana (SOL) Price Prediction March 2, 2025: Can It Reclaim $150? appeared first on Coin Edition.

Solana (SOL) has seen a strong rally, reaching $142.65 after an 11.58% increase in the last 24 hours. The price surged from $127.97 to above $150 before pulling back slightly. This movement suggests a mix of strong bullish momentum and some profit-taking at higher levels. As traders monitor key technical levels, Solana’s outlook remains fluid, with potential for further gains or corrective dips. Solana has been trending upward, reflecting growing investor interest. The price action suggests that SOL has found key support levels, bolstering the possibility of stability or further upward movement. The primary support sits at $140, a level where the price recently bounced . If the price drops further, $135 serves as another critical support, as it marked a base before the major rally. In addition, $128 remains a significant support zone, providing a foundation in case of a deeper correction. On the upside, SOL faces resistance at $150, a level where the price peaked before retreating. A break above this could open the path toward $155 and $160, where stronger resistance may appear. However, minor resistance at $145 has already caused brief dips, which traders should watch closely. If the buying pressure continues, these higher resistance levels could be tested soon. The Relative Strength Index (RSI) currently stands at 32.47, nearing the oversold zone. This suggests that the recent selling pressure may be overdone, potentially leading to a bounce if buyers regain control. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows the MACD line at -17.55, below the signal line at -15.35, confirming a bearish trend. However, the histogram is flattening, suggesting that downward momentum is fading. The derivatives market for Solana has seen notable activity. According to Coinglass data, trading volume increased by 11.02% to $14.83 billion, showing growing market participation. Open interest rose 10.35% to $4.50 billion, suggesting higher trader engagement. Also, options trading volume surged 45.91% to $5.11 million, indicating increased speculative interest. However, options open interest declined by 39.89% to $5.72 million, which means that traders are closing existing positions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

#Grok: When will #Trump revive the Keystone XL Pipeline #Biden closed down in 2021? It’s tough to pin down an exact date for when Donald Trump might "open" the Keystone XL Pipeline, as it depends on what you mean by "open" and hinges on a mix of political, logistical, and…