A detailed guide to cryptocurrency for beginners: what it is, why it is needed, how to buy it, where to ... ... the risks and prospects of digital money to confidently start working in the crypto market. Cryptocurrency from Scratch: What It Is, How to Buy, Store, and Use Cryptocurrencies... ... worldwide (such as miners and validators), applying cryptographic methods to secure data and verify transactions. Simply put, each unit of cryptocurrency (coin or token)...

... services to facilitate compliance with the new rules. Starting from February 2025, taxpayers will have access to online reporting on received cryptocurrency through their personal account. The service also publishes reference exchange rates for major cryptocurrencies (Bitcoin, Ethereum, etc.) in rubles based on data from the largest foreign exchanges. This helps miners accurately calculate their income from mining based on the market price of the coin on the day of receipt for tax calculations. However, despite the establishment of a legal framework and convenient tools, many market players are still hesitant to disclose their activities. According to official data, by mid-2025,...

... requires miners to carefully approach the choice of exchange. Reporting Miners are required to provide tax authorities with data on their activities. Mining farm operators must also provide information on the users of their services. Failure to comply ... ... individual entrepreneurs engaged in mining cannot use simplified tax systems or self-employed tax. How will the changes affect the market? For investors and traders Transparent tax rules allow you to better plan your strategies. It is important to consider that cryptocurrency income is now treated equally with securities, which simplifies their inclusion in the tax base. For miners Tighter ...

... policy. Additionally, data on economic activity in Europe and statements from central bank representatives are expected later in the week. These events could temporarily heighten volatility in the markets. Despite external risks, the overall outlook for cryptocurrencies remains favorable. Technical analysts note that Bitcoin currently has a “clear path” to new heights: overcoming the $120,000 zone could provide the market with a new impetus. If key data does not disappoint, BTC may test year-to-date highs around $125,000–130,000. Following its rapid rise, Ethereum is likely to enter a consolidation phase around $4,000, which represents a healthy correction before potential further growth. Meanwhile,...

... maintained the base rate at 4.25%, aligning with expectations and not causing turbulence. However, upcoming publications on inflation data and the annual Fed symposium in Jackson Hole could add volatility and influence risk appetite in the coming weeks. Overall, the sentiment is moderately positive: the market enters the weekend in a state of equilibrium, preparing for the start of a new week. Bitcoin: Holding Positions Below Historic Highs The flagship cryptocurrency Bitcoin (BTC) continues to hover close to its record values. After reaching a new all-time high of around $123,...