You've probably seen them in a local convenience store, a gas station, or a shopping mall—a machine that looks like a bank ATM but is branded with a big Bitcoin logo. This is a Crypto ATM, a physical kiosk that acts as a bridge between the world of cash and the world of digital currency. For many newcomers, it can seem like the most direct and tangible way to buy their first cryptocurrency. But how do they actually work, and are they a good option for you? As your guide, let's break down the reality of these machines. <h2 style="line-height: 2.5;">What Is a Crypto ATM and How Does It Work?</h2>A Crypto ATM is a machine that allows you to buy cryptocurrency using cash or, in some cases, a debit card. Some machines, though less common, also allow you to sell your crypto and receive physical cash. It's crucial to understand that this is not like a traditional bank ATM. It does not connect to your bank account. Instead, it is a terminal connected directly to the internet and the blockchain, facilitating a crypto exchange on the spot.The process for buying crypto is generally straightforward:<ol><li style="line-height: 1.5;">Verification: You'll typically need to provide some form of identification, which could be as simple as a phone number or as stringent as a government-issued ID scan.</li><li style="line-height: 1.5;">Provide Your Wallet Address: You will need a crypto wallet to receive your purchase. The ATM will ask you to present your wallet's receiving address, usually by scanning a QR code from your mobile wallet app.</li><li style="line-height: 1.5;">Insert Cash: You insert your physical cash into the machine.</li><li style="line-height: 1.5;">Confirm the Transaction: The machine will show you the exchange rate you are getting and the total amount of crypto you will receive. Once you confirm, the machine broadcasts the transaction to the blockchain, sending the crypto directly to your wallet.</li></ol> <h2 style="line-height: 2.5;">The Big Question: Why Use a Crypto ATM?</h2>Given the prevalence of online exchanges, why would someone use a physical ATM? There are a few specific advantages. The primary benefit is convenience and speed for small purchases. You can convert cash in your pocket into crypto in your wallet in a matter of minutes, without waiting for a bank transfer to clear. It is also one of the few ways to buy crypto directly with physical cash, which appeals to users who may be unbanked or prefer not to link their bank accounts to an online exchange. <h2 style="line-height: 2.5;">The Unvarnished Truth: The Major Drawbacks</h2>As a responsible investor, you must be aware of the significant trade-offs, and they are substantial. The single biggest drawback of using a Crypto ATM is the exorbitantly high fees. While an online exchange might charge a trading fee of less than 1%, a Crypto ATM often charges anywhere from 7% to 20% or even higher. This fee is usually built into a poor exchange rate, meaning the price you pay for Bitcoin at the ATM is significantly higher than the actual market price. Furthermore, these machines have very low transaction limits, making them unsuitable for anything other than small, occasional purchases. <h2 style="line-height: 2.5;">The Verdict: Who Should Use a Crypto ATM?</h2>A Crypto ATM is a useful tool for a very specific, niche purpose: making a fast, small, cash-based crypto purchase where you are willing to pay a massive premium for convenience. For everyone else, and especially for anyone serious about building a crypto portfolio, an online exchange is the far superior choice. The lower fees, deeper liquidity, and professional-grade security of a platform like BYDFi mean that you will get a much fairer price and keep more of your hard-earned capital. For a more cost-effective and powerful way to build your crypto portfolio, the clear choice is a secure and liquid online exchange. Get started on the BYDFi spot market.

What Is a Crypto ATM? A Beginner's Guide

Cointalk

<img src="https://uploads.bydfi.in/events/cms/BYD.1765534221004.image.png" alt="BYD.1765534221004.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1765534221004.image.png" style="width: 762.89px;height: 446.41px;">Forget the sharp red candles, ignore the panic-fueled headlines, and silence the noise of instant &nbsp;I told you so &nbsp;takes for just a moment. Let’s have a real conversation about what’s happening beneath the surface. Because while Pi Network’s token value undeniably plummeted a staggering 84% in the immediate aftermath of its transition to Open Mainnet, something far more resilient and intriguing refused to collapse: the unwavering belief of its millions-strong global community. This isn’t merely another predictable entry in the long ledger of crypto downturns; this is a masterclass in the core psychological forces that power this entire space — a powerful case study in conviction triumphing over charts, community unity overpowering speculative hype, and a shared long-term vision holding firm against the tsunami of short-term volatility. While short-term traders and opportunistic critics declared the project dead on arrival, the so-called "Pi Army" — a vast, decentralized network of everyday individuals — didn't just hold the line; they doubled down on their faith. This begs a profound question that every serious crypto observer should be asking: What do they see that the market’s cold, hard numbers seemingly don’t? Is this a tragic example of blind loyalty in the face of a sinking ship, or is it a calculated, collective gamble on a technological and social future that the traditional financial metrics simply cannot yet price in? For me, this unfolding drama is one of the most fascinating narratives in crypto today. It cuts through the technical jargon and exposes the raw, beating heart of what gives a digital asset true staying power. When the price action fails, what remains? In Pi’s case, the answer appears to be a potent, unshakeable cocktail of belief, identity, and patient hope. These are holders who didn't buy Pi; they &nbsp;mined &nbsp;it with their time and attention for years, with zero initial financial investment. The community’s resilience suggests they are reading a completely different story than the traders. They aren't looking at a daily chart; they're looking at a years-long roadmap where utility, adoption, and real-world use cases are the only metrics that will eventually matter. They see the 84% drop not as a catastrophic failure, but as a historic discount on a dream they’ve been building for half a decade. They are the ultimate "diamond hands" experiment, testing whether a grassroots, user-first model can survive the brutal, speculation-first reality of open markets. So, is the Pi saga a cautionary tale about the perils of hype and delayed launches?

Beyond the 84% Crash: The Unshakable Faith of Pi Network's Millions

Pi Network: 84% Down, Millions of Believers

<img src="https://uploads.bydfi.in/events/cms/BYD.1765504157638.image.png" alt="BYD.1765504157638.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1765504157638.image.png" style="width: 778.01px;height: 778.01px;"><h2 style="line-height: 1.5;">The Storm Within: Decoding Crypto's Most Violent Sell-Offs</h2>The crypto market doesn't just dip or correct. Sometimes, it doesn't even crash. It capitulates. This is the financial equivalent of a white flag waved in a hurricane—a moment of pure, unadulterated surrender where hope evaporates and the only instinct is to sell at any price. It's not a calculated retreat; it's a chaotic, emotion-fueled exodus that leaves a unique scar on the market's landscape. Let's pull back the curtain on this intense phenomenon and see the precise mechanics of panic at work. <h2 style="line-height: 1.5;">Beyond a Correction: The Anatomy of a True Capitulation</h2>Forget orderly pullbacks where investors calmly take profits. Capitulation is a different beast entirely. Picture this: prices begin to fall, not slowly, but in heart-stopping plunges. The once-deep order books—the lists of buy and sell orders—suddenly look terrifyingly thin. Buyers vanish into thin air. What's left is a market running on pure fear, where even a modest sell order can trigger a disproportionate price collapse. This environment is uniquely amplified in crypto. With 24/7 global trading and no regulatory circuit breakers to temporarily halt the frenzy, panic can feed on itself in a single, relentless session. There is no close for the day to stop the bleeding. The late 2025 sell-off, where Bitcoin shed tens of thousands of dollars in value and over $1.9 billion in long positions were liquidated in mere hours, stands as a textbook example of this unchecked, chaotic energy. <h2 style="line-height: 1.5;">The Perfect Storm: How Liquidity Vanishes and Leverage Explodes</h2>Two powerful forces conspire to turn a downturn into a capitulation: evaporating liquidity and cascading leverage.First, liquidity stress creeps in. Market makers—the entities that provide the essential buy and sell orders for smooth trading—retreat to the sidelines. On decentralized exchanges, users yank their funds from liquidity pools, causing these automated systems to spiral. Slippage becomes enormous; every trade executes at a worse price than expected, accelerating the downward momentum. Because the crypto ecosystem is so interconnected, a liquidity crisis on one chain or exchange can rapidly infect the entire market. Then, the leverage bomb detonates. Crypto markets are built on a towering stack of borrowed money through perpetual futures and margin trading. When prices rise, this leverage magnifies gains. But when they fall, it acts like a series of detonating dominoes. As collateral values drop, automated systems trigger forced liquidations. These are not thoughtful sales but instant, algorithmic fire sales that push prices down further, triggering the next wave of liquidations. This self-reinforcing cycle can crash prices at a speed unimaginable in traditional finance. <h2 style="line-height: 1.5;">The Mind of the Market: The Psychology of Panic</h2>Beneath the cold mechanics lies a raging storm of human emotion. Market sentiment in crypto can shift from euphoric greed to abject despair at breakneck speed, turbocharged by relentless news cycles and the echo chambers of social media. The collective narrative flips from &nbsp;buy the dip &nbsp;to &nbsp;sell everything before it's too late. &nbsp; This psychological journey—from optimism to anxiety, fear, and finally, capitulation—creates a feedback loop. Lower prices shatter confidence, which prompts more selling, leading to even lower prices. The market reaches a point of maximum pain where exhausted holders finally relinquish their positions, often at a significant loss, simply to escape the psychological torment. <h2 style="line-height: 1.5;">Ripples Across the Ecosystem: How the Shockwave Spreads</h2>Crypto’s greatest strength—its interconnectedness—becomes its greatest vulnerability during a capitulation. Stress does not stay contained.1- Cross-Protocol Contagion: Assets used as collateral on one platform can trigger liquidations on another. Wrapped tokens and bridges transmit trouble across blockchains.2- The Stablecoin Bellwether: A key signal is the movement of stablecoins. In times of fear, users massively redeem stablecoins for traditional cash or shuffle them into perceived safe havens. This sucking sound pulls vital liquidity out of the trading ecosystem, intensifying the downward pressure on everything else. <h2 style="line-height: 1.5;">Reading the Signs: The Fingerprints of Capitulation</h2>While unpredictable in timing, capitulation leaves clear fingerprints for those who know where to look:1- A massive, sudden spike in leveraged position liquidations.2- Funding rates swinging deeply negative as traders desperately pay to hold short positions.3- On-chain data showing enormous realized losses as coins move at prices far below their last purchase point.4- Exchange inflows swelling as holders deposit assets, not to buy, but to prepare for exit.5- Extreme, sustained readings on market fear and greed indices.These metrics don't predict the next storm, but they help us understand the climate we're in when it arrives. <h2 style="line-height: 1.5;">Why Crypto Is Prone to These Storms</h2>Capitulation events feel more violent and frequent in crypto for structural reasons: the pervasive culture of high leverage, liquidity fragmented across dozens of venues, the absence of trading halts, and the sheer volume of short-term speculative capital. Together, they create a tinderbox that can ignite with startling ferocity. <h2 style="line-height: 1.5;">Navigating the Chaos: Why This Knowledge Matters</h2>Understanding capitulation is not about timing the market or predicting the next crash. It’s about comprehending the fundamental forces that shape crypto's most dramatic moments. It demystifies the chaos, separating the mechanics of leverage and liquidity from the powerful psychology of crowd behavior.By recognizing the anatomy of a capitulation, you move from being a passive observer of price charts to an informed student of market dynamics. You learn to listen to what the market is truly saying in its most frantic moments, building a clearer, calmer perspective for the long journey ahead. As debates over privacy, innovation, and regulatory freedom continue to shape America’s crypto future, one truth remains: your ability to buy, trade, and build wealth in crypto shouldn’t depend on politics.Whether you’re a beginner or a seasoned investor, <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>gives you the tools to trade with confidence — low fees, fast execution, copy trading for newcomers, and access to hundreds of digital assets in a secure, user-friendly environment.

Capitulation Explained: The Perfect Storm That Crushes Crypto Prices

The Fear Cascade: Unpacking Crypto Capitulation

In the fast-paced world of digital finance, the wallet app has become an essential tool for managing money securely and conveniently. Once limited to storing payment details, today’s digital wallets go far beyond simple transactions. They integrate with a wide range of financial services, from cryptocurrencies to rewards programs, allowing users to manage multiple assets within a single app. A new trend emerging in the fintech world is the wallet explorer a feature that lets users visualize, track, and analyze their digital transactions in real time. This tool not only improves transparency but also helps users make informed financial decisions by providing insights into spending habits, portfolio performance, and security alerts.As digital ecosystems continue to expand, the wallet app is evolving into more than just a storage space it’s becoming a gateway to the financial world, bridging the gap between innovation and accessibility.

The Evolution of Digital Wallets

Q: What is Blum and what is the latest news on its listing plans?A:Blum is a new crypto exchange that has garnered widespread attention. &nbsp;The circulating information about the blum listing date 2024/2025 is still speculation from the community. Q: Approximately when will Blum conduct its airdrop?A:Many users are looking forward to the blum airdrop listing date. Typically, airdrop details such as the blum airdrop listing date telegram and its terms and conditions will be announced closer to the listing time Q: Where can I get official information about the Blum listing?A:The most trusted source of information is the blum listing date official website and their official communication channels. Avoid relying on unverified Telegram groups or Twitter accounts. Q: Are there any price predictions after Blum lists?A:Discussing blum listing date and price is natural, but the price at listing is very difficult to predict and depends on market conditions, sentiment, and trading volume at that time

You Need to Know Blum Listing and Airdrop Date

When you decide to buy your first cryptocurrency, you are immediately faced with a choice of venue. On one hand, you have the physical, tangible presence of a Crypto ATM. On the other, you have the digital, powerful world of an online exchange. While both can get you from fiat currency to crypto, they offer vastly different experiences and outcomes for your investment. Making the right choice is critical. As your guide, this article will provide a direct, head-to-head comparison to help you understand which path is the smarter one for you. <h2 style="line-height: 2.5;">The Deciding Factor: Fees and Your Final Cost</h2>The single most dramatic difference between these two options is the cost. A Crypto ATM is a business that pays for a physical machine, rent for its location, and cash handling services. It passes these high overhead costs on to you in the form of extremely high fees. These are often a combination of a direct service fee (5-10%) and a poor exchange rate (an additional 5-10% "spread" above the market price). It is not uncommon for the total fee on a Crypto ATM transaction to be 10-20%. An online exchange, like BYDFi, operates on a digital, highly efficient model with a massive user base. This allows them to offer incredibly competitive fees, often well below 1% for a standard spot market trade. For a $1,000 investment, that's the difference between paying $150 in fees at an ATM versus paying just a few dollars on an exchange. For any serious investor, the cost savings on an online exchange are monumental. <h2 style="line-height: 2.5;">Security and Your Peace of Mind</h2>Security is another critical point of comparison. Using a Crypto ATM in a public place can present physical security risks. You are handling cash and interacting with a financial machine, which can make you a target.A reputable online exchange, on the other hand, invests millions in institutional-grade digital security. They offer features like two-factor authentication (2FA), withdrawal whitelisting, and secure "cold storage" for the vast majority of user funds. For a user transacting from the safety of their own home, a regulated online platform provides a more secure and private environment. <h2 style="line-height: 2.5;">A Side-by-Side Comparison</h2>To make the choice as clear as possible, let's look at a direct comparison.<table style="width: auto;"><tbody><tr><td colSpan="1" rowSpan="1" width="auto">Feature</td><td colSpan="1" rowSpan="1" width="auto">Crypto ATM</td><td colSpan="1" rowSpan="1" width="auto">Online Exchange (like BYDFi)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Fees</td><td colSpan="1" rowSpan="1" width="auto">Extremely High (10-20%+)</td><td colSpan="1" rowSpan="1" width="auto">Very Low (Typically &lt;1%)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Transaction Limits</td><td colSpan="1" rowSpan="1" width="auto">Very Low</td><td colSpan="1" rowSpan="1" width="auto">High</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Asset Selection</td><td colSpan="1" rowSpan="1" width="auto">Very Limited (Usually just Bitcoin)</td><td colSpan="1" rowSpan="1" width="auto">Vast (Hundreds of different assets)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Convenience</td><td colSpan="1" rowSpan="1" width="auto">Instant for cash users</td><td colSpan="1" rowSpan="1" width="auto">Instant for online bank transfers</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Security</td><td colSpan="1" rowSpan="1" width="auto">Public, physical risks</td><td colSpan="1" rowSpan="1" width="auto">Private, digital security</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Trading Hours</td><td colSpan="1" rowSpan="1" width="auto">Depends on the store's hours</td><td colSpan="1" rowSpan="1" width="auto">24/7/365 Global Market</td></tr></tbody></table> <h2 style="line-height: 2.5;">The Verdict: Convenience at a Steep Price</h2>The choice comes down to a simple trade-off. A Crypto ATM offers one specific benefit: the ability to instantly convert physical cash into a small amount of cryptocurrency. For this single convenience, you pay a massive and undeniable price in fees and accept lower security. For everyone else, an online exchange is the overwhelmingly superior choice. It is more cost-effective, more secure, offers higher limits, and provides access to a much wider universe of digital assets. For a complete overview of the machines themselves, you can read our main guide: [What Is a Crypto ATM? A Beginner's Guide]. Don't pay a premium for your assets. Make the smart choice and build your portfolio in the secure, low-fee, and professional environment of the BYDFi spot market.

Crypto ATM vs. Online Exchange: Which Is the Smarter Choice?

<h2 style="text-align: start; line-height: 1.5;">The Illusion of 21 Million: Unmasking Bitcoin's True Scarcity</h2>The number 21 million is etched into the collective consciousness of the crypto world, a sacred cap that defines<a href="https://bitcoin.org/en/" target="_blank"> Bitcoin</a>’s core promise of digital scarcity. Yet, this iconic figure is not what it seems. It is a mathematical mirage, a distant horizon that obscures a far more compelling reality: Bitcoin's truly spendable, liquid supply is dramatically, and permanently, lower.This isn’t a story of theoretical adjustments, but of cold, hard cryptographic and human realities that permanently remove coins from economic circulation. To understand Bitcoin’s value, one must look beyond the headline cap and into the abyss of lost keys, provable burns, and the unyielding march of its issuance schedule. <h2 style="text-align: start; line-height: 1.5;">The Asymptotic Ceiling: A Number Never to Be Reached</h2>Let’s start with the 21 million myth itself. This cap is not a final tally waiting to be filled. It is the asymptotic end point of Bitcoin’s precise, pre-programmed issuance curve. New Bitcoin is minted only as a reward for miners who secure the network, with this block subsidy &nbsp;halving roughly every four years.Due to the unyielding rules of integer math within the code, the final satoshi will never be mined. The actual total issuance will forever freeze just shy of the perfect 21 million—closer to 20,999,999.9769 BTC. Even before we consider loss, the perfect cap is technically unreachable.More critically, over 1 million BTC are yet to be mined. These coins exist only in the future, locked behind decades of future halvings, extending towards the year 2140. The present-day supply is, and always will be, less than the maximum. <h2 style="text-align: start; line-height: 1.5;">The Cryptographic Graveyard: Provably Unspendable Bitcoin</h2>A portion of Bitcoin’s supply is not just lost; it is cryptographically dead. The protocol itself contains tombs for satoshis.The very first Bitcoin, the 50 BTC created in the Genesis Block by Satoshi Nakamoto, is forever unspendable due to a unique quirk in its coding. It is a monument, not a currency.Furthermore, the <code>OP_RETURN</code> function allows users to intentionally create provably unspendable outputs. Any Bitcoin sent to such an address is burned—irretrievably and verifiably removed from the possible supply. Unlike losing a key, these burns are transparent and absolute, a voluntary sacrifice recorded immutably on the blockchain. <h2 style="text-align: start; line-height: 1.5;">The Silent Cataclysm: The Black Hole of Lost Coins</h2>Here lies the most significant drain on Bitcoin’s real supply: catastrophic and permanent loss. Bitcoin’s sovereignty comes with an ironclad caveat: you are your own bank, and there is no recovery desk.Private keys stored on failed hard drives, thrown-away paper wallets, or forgotten passphrases render Bitcoin forever inaccessible. Early adopters mining on laptops, experimental sends to wrong addresses, and holders taking their secrets to the grave—these events have collectively swallowed millions of Bitcoin.While no one can pinpoint an exact number on-chain (inactivity isn’t proof of loss), major analyses paint a staggering picture:1- Chainalysis estimated between 2.3 million and 3.7 million BTC were likely lost as of 2018.2- River Financial suggested 3 million to 4 million BTC were "irreversibly lost" in a 2023 report.3- CoinShares, using a more conservative methodology, still identified approximately 1.58 million BTC as likely lost by early 2025.The consensus is inescapable: even under the most cautious assumptions, millions of Bitcoin are gone. They are not in cold storage; they are in a cryptographic void, exerting gravitational pull on the scarcity of what remains. <h2 style="text-align: start; line-height: 1.5;">Reframing the Narrative: Economic Supply vs. Issued Supply</h2>This forces a critical distinction that every investor must internalize:1- Issued/Circulating Supply (~19.96M BTC): This is the technical count of Bitcoin mined and recorded on the blockchain. This is the number you see on data dashboards.2- Economic/Liquid Supply (Significantly Less): This is the real, spendable, and tradeable stock of Bitcoin—the portion that can actually impact markets. It is the issued supply minus the unmined future coins, minus the provably burned coins, minus the likely lost coins.The dashboards are not wrong; they are simply measuring something different. They track creation, not availability. The profound implication is that Bitcoin’s effective scarcity is tightening from two relentless directions: the scheduled slowdown of new issuance via halvings and the silent, continuous attrition of the existing stockpile. <h2 style="text-align: start; line-height: 1.5;">The Investor and Miner Reality</h2>For the Investor: This is the heart of Bitcoin’s value proposition. Scarcity isn't just programmed; it's compounded by human error and intent. The &nbsp;hard cap &nbsp;is merely the starting point. The ever-shrinking pool of truly accessible Bitcoin creates a foundational pressure that transcends market cycles. You are not buying into a theoretical 21-million-coins system; you are competing for a share of a much smaller, ever-dwindling liquid asset. For the Miner: The mechanics remain unchanged. Miners follow the protocol's unwavering issuance schedule; lost coins do not create new rewards. However, their role becomes even more pivotal. They are the sole source of new, guaranteed-liquid Bitcoin entering the ecosystem. Every halving doesn't just reduce the flow of new coins; it increases the relative significance of the coins they do mint against a backdrop of a potentially shrinking total accessible supply. <h2 style="text-align: start; line-height: 1.5;">Conclusion: A Scarcity Engine</h2>Bitcoin is more than a capped asset. It is a sophisticated scarcity engine. The 21-million rule sets the stage, but the true drama unfolds in the interplay of immutable code, voluntary burns, and the fragility of human memory. The real supply isn't 21 million. It is that number, forever receding, perpetually eroded by the forces of time, technology, and fallibility. Understanding this is not a matter of semantics—it is the key to understanding the fundamental gravity at the core of Bitcoin's enduring value.

The Myth of 21 Million: Bitcoin's True Scarcity Revealed

Bitcoin’s Real Supply: Beyond the 21 Million Cap

<h2 style="text-align: start; line-height: 1.5;">The Unavoidable Truth: Your Crypto Gains Are on the Taxman's Radar</h2>Gone are the days of cryptocurrency being a wild, untaxed frontier. Whether you're trading in New York, London, or Berlin, tax authorities have firmly set their sights on digital assets. Ignorance is no longer bliss—it's an audit risk. This guide cuts through the complexity, breaking down exactly what you need to know to stay compliant in the US, UK, and Germany. <h2 style="text-align: start; line-height: 1.5;">The Universal Rule: Disposal Triggers a Tax Event</h2>Forget currency; tax agencies see your<a href="https://bitcoin.org/en/" target="_blank"> Bitcoin</a> and<a href="https://ethereum.org/" target="_blank"> Ethereum </a>as property. This single classification shapes everything. The core principle across all three nations is identical: you create a taxable event whenever you dispose of your crypto. This means selling it for cash, swapping it for another token, or even spending it to buy a latte. If the value increased since you acquired it, that profit is likely taxable. A loss, however, can often be your ally, used to reduce taxes on other gains.The critical differences lie in the rates, the exemptions, and the countdown clocks that define your liability. <h2 style="text-align: start; line-height: 1.5;">United States: A Detailed Ledger</h2>The IRS is arguably the most rigorous in its approach. Every trade is a potential tax event, with no blanket capital gains exemption to soften the blow.The Two-Tiered Tax Clock Your holding period is everything:1- Short-Term Capital Gains: Held for 12 months or less? Your profit is taxed at your ordinary income rate—anywhere from 10% to 37%.2- Long-Term Capital Gains: Held for more than 12 months? You benefit from reduced rates of 0%, 15%, or 20%, depending on your total income.Income is Income, Even in Crypto The tax doesn't stop at trading. The IRS is keenly interested in:1- Staking rewards2- Mining income3- Airdrops4- Crypto earned as payment5- Interest from lending These are all taxed as ordinary income at your marginal rate, reported directly on your Form 1040. <h2 style="text-align: start; line-height: 1.5;">The New Era of Reporting: Form 1099-DA</h2><h2 style="text-align: start; line-height: 1.5;">Starting in 2025, the game changed. Major exchanges are now mandated to issue Form 1099-DA, directly informing the IRS of your sales and cost basis. The assumption of anonymity is officially over. You must reconcile this with your own filing, using Form 8949 to detail each disposal and Schedule D for the summary.</h2>Act Before the Gates Close The deadline for the 2024 tax year was April 15, 2025. If you missed it without an extension, penalties are accruing. With a valid extension, you have until October 15, 2025, to file, but interest on any unpaid tax continues to grow. <h2 style="text-align: start; line-height: 1.5;">United Kingdom: Navigating Allowances and Assessments</h2>HMRC treats crypto as a &nbsp;chargeable asset. For most casual investors, this means navigating the rules of Capital Gains Tax (CGT), with a valuable annual allowance. Your Tax-Free Buffer For the 2024-25 tax year, you have a £3,000 Capital Gains Tax allowance. Gains below this threshold owe no tax—but crucially, they still must be reported if your total disposals exceed certain limits. Revised Capital Gains Tax Rates As of late 2024, the rates have increased:1- 18% for basic rate taxpayers2- 24% for higher and additional rate taxpayers When Crypto Becomes Income Are you mining, staking, or receiving crypto for services? This is typically taxed as income, not under CGT rules. The same applies if your trading frequency looks more like a business. Income tax rates can soar up to 45%, making the distinction vital. The Self Assessment Portal is Open The tax year ended on April 5, 2025. You can now file your return via HMRC's Self Assessment system.1- Paper return deadline: October 31, 20252- Online return deadline: January 31, 2026 (the most common route)You'll need to complete the SA108 Capital Gains Tax supplement alongside the main SA100 form. Falling behind is costly: automatic £100 penalties, escalating charges after 3 and 6 months, and interest on unpaid tax. <h2 style="text-align: start; line-height: 1.5;">Germany: A Haven for the Patient Holder</h2>Germany offers the most favorable regime for long-term crypto investors, treating digital assets as &nbsp;private sale transactions. The Golden Rule: One Year to Freedom This is the cornerstone of German crypto tax: Hold your crypto for over one year before selling. Any profit is 100% tax-free. This simple rule makes Germany a standout for investors with patience.The Short-Term and the Small Gain If you sell within a year, profits are added to your other income and taxed at your personal rate (14%-45%), plus a 5.5% solidarity surcharge and potential church tax. However, there's a generous safety net: a €1,000 annual exemption for total profits from private sales. Stay under this, and even short-term gains are safe.Clarity on Staking and Lending Past confusion has been cleared. Staking or lending your crypto no longer triggers a special 10-year holding period. The standard one-year rule now applies uniformly. Hold staked assets for over a year, and subsequent gains remain tax-free. Taxable Income Exceptions Crypto obtained through mining or staking is considered income on receipt, taxed at your personal rate. However, a tiny €256 per year exemption exists for such miscellaneous income.Filing: The Elster Portal is Your Friend Report your crypto activity in your annual Einkommensteuererklärung (income tax return), using the main form and Anlage SO for private sales.1- Self-filing deadline for 2024: July 31, 20252- Deadline with a tax advisor: February 28, 2026 <h3 style="text-align: start; line-height: 1.5;">Your Global Compliance Checklist: Stay Safe</h3>The landscape is clear: transparency is enforced, and penalties for evasion are severe. Here’s your action plan:1- Meticulous Record-Keeping: Document every transaction—date, asset, value in local currency, and purpose. This is your first line of defense.2- Embrace Technology: Leverage crypto tax software (like <a href="https://koinly.io/" target="_blank">Koinly</a> or <a href="https://cointracking.info/" target="_blank">CoinTracking</a>) to automate the nightmare of calculating gains across hundreds of trades. 3- Internalize the Deadlines: US: October 15, 2025 (with extension).UK: January 31, 2026 (online filing for 2024-25).Germany: July 31, 2025 (or Feb 28, 2026 with an advisor).4- Respect the Thresholds: Know your tax-free allowances (£3,000 in the UK, €1,000/€256 in Germany) but remember they don't always negate reporting requirements.5- Seek Expert Guidance: When transactions involve DeFi, complex staking, or cross-border activity, consulting a crypto-savvy tax professional is not an expense—it's an investment in peace of mind. Ready to Take Control of Your Crypto Journey? Start Trading Safely on <a href="https://www.bydfi.com/en" target="_blank">BYDFi</a>

File Your Crypto Taxes Stress-Free: A Beginner's Guide for the US, UK, and Germany

US, UK & Germany Crypto Tax Guide for Beginners

Bustabit, "bits" are the standard unit of currency used for betting. Understanding bits is essential because the game uses them to simplify the display of Bitcoin (BTC) values, which can otherwise be confusing due to many decimal places. A bit is simply a denomination of Bitcoin. Specifically, it represents one-millionth of a single Bitcoin.The Conversion MathTo understand the value of your balance, you can use these standard conversions: &nbsp;UnitBTC EquivalentSatoshi Equivalent1 Bit$0.000001$ BTC$100$ Satoshis1,000 Bits$0.001$ BTC$100,000$ Satoshis1,000,000 Bits$1.0$ BTC$100,000,000$ Satoshis How Bits are used in Bustabit Bustabit is a "Crash" game. Here is how bits function during gameplay:Placing a Bet: You enter the number of bits you want to wager (e.g., a 100-bit bet).The Multiplier: A multiplier starts at 1.00x and rises exponentially.Cashing Out:You must click "Cash Out" before the game "busts." If you cash out at 2.0e0x with a 100-bit bet, you receive 200 bits (100 bits profit).The "Bust" If the game crashes before you cash out, you lose your wagered bits.Volatility: Because bits are tied directly to Bitcoin, their value in USD (or other fiat currencies) changes every second as the market fluctuates. House Edge: Bustabit typically has a house edge of about 1%. Mathematically, the house will always win over a long enough period.Responsible Gaming: Bits can feel like "play money" because the numbers are small, but they represent real Bitcoin. Always gamble only what you can afford to lose.Would you like me to help you calculate the profit for a specific bet, or explain how the "Provably Fair" system works on Bustabit?

Popular crypto gambling site Bustabit

I really love the Southern film industry, or rather the Telugu-Tamil cinema. I first got introduced to this site as one used to download or stream these films. So how do I go about streaming Telugu, Tamil, or even Hindi movies using this Bappam TV app or website? Since I am in UAE, I need an easy way to stream quality movies on my laptop or phone. Are there any specific great steps to follow in this regard to download the app or use the platform for non-stop streaming? Also, I want to know if Bappam TV is legal and safe for downloading movies. There are tons of sites; confusing. I want to get started with how to use Bappam TV for downloading Telugu movies or streaming Hindi and Tamil movies. Could we be walked if possible and get some pointers for an excellent user experience?

How do I stream movies on Bappam TV in the UAE?

<h2 style="line-height: 2.5;">Introduction</h2>The crypto market loves a buzzword. In 2020, it was "DeFi" (Decentralized Finance). In 2021, it was "NFTs." Now, in late 2025, the market has found its new engine: DeFAI. Short for Decentralized Finance + Artificial Intelligence, DeFAI is not just about using ChatGPT to write code. It is about "Agentic" workflows—autonomous bots that own wallets, execute trades, and interact with other bots on the blockchain without human permission. For traders on BYDFI, understanding this shift is the difference between riding the wave and getting left behind. <h2 style="line-height: 2.5;">The Shift to the "Agentic Economy"</h2>In traditional DeFi, you are the operator. You click "swap," you stake tokens, you claim rewards. In DeFAI, you delegate these tasks to an AI Agent. These agents are programmed to hunt for yield 24/7. Imagine a bot that detects a new liquidity pool on Uniswap, analyzes the contract for safety, and deposits funds—all while you are asleep. This is the promise of the Agentic Economy: capital that works for itself.<img src="https://uploads.bydfi.in/events/cms/BYD.1764557397368.image.png" alt="BYD.1764557397368.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764557397368.image.png" style=""> <h2 style="line-height: 2.5;">Real-World Examples: Virtuals and AIXBT</h2>The trend is already live. Projects like Virtuals Protocol allow users to co-own AI agents that perform specific tasks, like managing a social media account or trading a specific strategy. Another leader, AIXBT, is a terminal that processes on-chain data to find "alpha" faster than any human can. These tokens have outperformed Bitcoin in Q4 2025 because they represent a bet on infrastructure, not just speculation. <h2 style="line-height: 2.5;">How Retail Traders Can Participate</h2>You don't need to be a developer to profit from DeFAI.<ol><li style="line-height: 1.5;">Spot Trading: You can buy the governance tokens of these AI protocols (like FET or VIRTUAL) directly.</li><li style="line-height: 1.5;">Copy Trading ( The "Human" AI): If you aren't ready to trust a code-based agent with your life savings, BYDFI offers the perfect middle ground. Our Copy Trading platform connects you with veteran human traders. Many of these "Master Traders" are actually using AI tools in the background to inform their decisions. By copying them, you get the speed of AI with the oversight of a human expert.</li></ol> <h2 style="line-height: 1.5;">Conclusion</h2>DeFAI is more than a trend; it is the logical next step for crypto. As AI agents become smarter, the line between "passive income" and "active trading" will disappear. Whether you buy the tokens or copy the traders using the tech, the time to pay attention is now.

What is DeFAI? The 2025 Crypto Narrative You Can't Ignore

What is DeFAI? The Crypto Narrative You Can't Ignore

<h2 style="line-height: 1.5;">Introduction</h2>If 2024 was the year of the ETF, 2025 is the year of DeFAI (Decentralized Finance + AI). A new breed of market participant has entered the chat: AI Trading Agents. These aren't just simple bots; they are autonomous programs like AIXBT and Virtuals that analyze on-chain data, post on social media, and execute trades without human intervention. <h2 style="line-height: 2.5;">What is an AI Trading Agent?</h2>Unlike traditional grid bots that just buy low and sell high, AI Agents are "intelligent." They read news sentiment, track whale wallet movements, and even "talk" to other agents. In late 2025, projects like Fetch.ai and SingularityNET have evolved into fully functional ecosystems where agents manage millions of dollars in liquidity. <h2 style="line-height: 2.5;">Why DeFAI is Exploding Now</h2><ul><li style="line-height: 1.5;">The "Agentic" Economy: We are moving from tools we use to tools that act for us.</li><li style="line-height: 1.5;">24/7 Alpha: AI agents never sleep. With Bitcoin hovering around $90,000, the market moves too fast for humans.</li><li style="line-height: 1.5;">Access: Platforms like BYDFI are integrating AI-driven signals, allowing retail users to benefit from this tech without needing a PhD in computer science.</li></ul> <h2 style="line-height: 2.5;">How to Position Yourself</h2>You don't need to code your own agent to win.<ol><li style="line-height: 1.5;">Invest in Infrastructure: Look at tokens building the "brain" of these agents (e.g., render networks for compute).</li><li style="line-height: 1.5;">Use Copy Trading: Many "Master Traders" on <a href="https://www.bydfi.com/en/swap-copy-trading" target="_blank">BYDFI </a>are now using AI-assisted tools. By copying them, you effectively hire an AI agent for free.</li></ol> <h2 style="line-height: 2.5;">Conclusion</h2>The machines aren't coming; they are already here. Whether you buy AI tokens or copy AI-enhanced traders on <a href="https://www.bydfi.com/" target="_blank">BYDFI</a>, ignoring DeFAI in 2025 is a mistake you can't afford. Disclaimer This content is for educational purposes only and does not constitute financial or investment advice. Cryptocurrency trading, especially with leverage or meme coins, involves a high level of risk and may result in the loss of your entire capital. Always perform your own research (DYOR) and consult a professional advisor before making any investment decisions.

The Rise of DeFAI: How AI Trading Agents Are Changing Crypto in 2025

DeFAI & AI Trading Agents: The Crypto Revolution

<img src="https://uploads.bydfi.in/events/cms/BYD.1764318111484.image.png" alt="BYD.1764318111484.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764318111484.image.png" style="width: 779.98px;height: 519.96px;"><h2 style="text-align: start; line-height: 1.5;">Can Apeing ($APEING) Outsmart the Hype Cycle?</h2>Solana, – As 2025 winds down, the crypto market is witnessing a familiar frenzy: the powerful resurgence of meme coins. Fueled by Bitcoin's recovery and a thirst for high-risk, high-reward plays, new projects are popping up daily. Leading the latest wave is Apeing ($APEING), a token that promises to blend virality with a tangible roadmap. But in a landscape still reeling from multi-million dollar hacks, the question on every trader's mind is: are these apeing &nbsp;tactics a golden ticket or a trap? <h2 style="text-align: start; line-height: 1.5;">The Market Context: Bitcoin's Shadow and the Altcoin Allure</h2>Bitcoin's recent volatility has been a double-edged sword. While it has reignited overall market interest, it has also pushed investors toward the altcoin market in search of amplified gains. Meme coins, with their community-driven engines and potent social media appeal, have become a primary destination.We've seen this story before with Dogecoin's enduring culture and Solana-based Bonk's rapid rise. However, Apeing aims to differentiate itself by moving beyond pure speculation. The project emphasizes a "structured growth" plan and undisclosed utility, positioning itself as a meme coin with a mission, a claim that has often been the dividing line between flash-in-the-pan projects and those with staying power. <h2 style="text-align: start; line-height: 1.5;">The Hidden Dangers: A Market Fraught with Risk</h2>The excitement around new launches often overshadows the very real dangers lurking in the crypto ecosystem. The recent $116 million exploit on the Balancer protocol and a $36 million hack on Solana hot wallets serve as stark reminders that security cannot be an afterthought.For investors considering new, unproven projects, these incidents highlight critical vulnerabilities in DeFi platforms and the importance of rigorous security audits. Apeing &nbsp;into low-liquidity tokens without established reputations can expose investors to significant risks beyond simple price volatility—including outright theft and rug pulls. <h2 style="text-align: start; line-height: 1.5;">Apeing's Play: Whitelists, Community, and the Promise of Utility</h2>So, what is Apeing's strategy to navigate this risky terrain? The project is generating buzz with a classic tactic: a whitelist offering tokens at $0.001 before they hit public exchanges. This early-access model rewards a dedicated community and aims to create a solid foundation of holders.Their community-driven strategy, reminiscent of Dogecoin's success, is coupled with a focus on "strategic positioning for bigger gains. This suggests a more calculated approach than the typical pump-and-dump scheme, aiming to build momentum through phased growth rather than fleeting hype. <h4 style="text-align: start; line-height: 1.5;">The Bigger Picture: Solana's Struggles and Institutional Contrast</h4>The meme coin craze exists within a fragmented broader market. While tokens like $APEING capture retail attention, major layer-1 blockchains like Solana (SOL) are facing headwinds, recently dipping below key support levels. This contrasts sharply with the steady influx of institutional capital into <a href="https://bitcoin.org/en/" target="_blank">Bitcoin</a> and <a href="https://ethereum.org/" target="_blank">Ethereum</a> ETFs, painting a picture of a market at a crossroads.Even innovations in the DeFi space, such as Mutuum Finance's (MUTM) lending protocols, are currently struggling to break through the noise generated by the meme coin narrative. <h2 style="text-align: start; line-height: 1.5;">The Bottom Line: Opportunity or Fool's Gold?</h2>As we head into the final stretch of 2025, meme coins are poised to remain in the spotlight, driven by social media and a deep-seated appetite for speculative gains. Apeing ($APEING) represents the new breed of meme coin that understands the need for more than just a funny dog picture. For investors, the path forward requires a balanced strategy:1- Do Your Own Research (DYOR): Look beyond the hype. Scrutinize the team, the tokenomics, and the project's stated utility.2- Prioritize Security: Use secure wallets, be wary of connecting to unknown dApps, and understand the risks of early-stage investing.3- Manage Risk: Only allocate capital you are prepared to lose. The potential for high returns comes with an equally high risk of loss.Apeing’s blend of community engagement and structured tokenomics is compelling, but its ultimate success will be determined by its ability to deliver on its promises and achieve real-world adoption. In the volatile world of meme coins, a strong community can launch a rocket, but only genuine utility can keep it in orbit. Buy Crypto Now on <a href="https://www.bydfi.com/en" target="_blank">BYDFi</a>! Start trading Bitcoin, Ethereum, and top altcoins with ease and security.

Is Apeing the Next 100x Solana Meme Coin — or the Next Rug?

Apeing ($APEING): Golden Ticket or a Trap?

The NASDAQ 100 Index serves as the benchmark for the largest non-financial companies listed on the NASDAQ, featuring giants in technology, retail, and healthcare. Its performance is often viewed as a proxy for the entire tech-driven market, making it an essential component of any growth-focused portfolio.Savvy investors looking to simplify their strategy often choose to invest NASDAQ 100 ETF vehicles. These Exchange Traded Funds (ETFs)—most famously QQQ—provide a highly liquid and diversified way to own a basket of these 100 companies without having to manage individual stock picks. This simplicity, combined with the underlying growth potential of the index, makes NASDAQ 100 ETFs a cornerstone for modern, long-term investing.

Why Investors Look to the NASDAQ 100?

While Artificial Intelligence (AI) and Real-World Assets (RWA) have been dominant narratives, the consensus points to several emerging trends that could take the spotlight next.Here are the most likely major crypto narratives expected to gain significant traction after the current AI and RWA cycles.<h3>1. Decentralized Physical Infrastructure (DePIN)</h3>DePIN focuses on using blockchain and crypto incentives to build and operate real-world, decentralized infrastructure networks.<h3>2. Digital Identity & Privacy (Decentralized ID - DID)</h3>As blockchain and RWA become more integrated with traditional finance and regulation, the need for verifiable, sovereign digital identity and privacy-focused coins will grow exponentially.<h3>3. Layer 2 Scaling & Modular Chains (The Great Consolidation)</h3>The focus will shift from launching new base chains (Layer 1s) to maximizing the efficiency and interoperability of Layer 2 solutions built on existing large chains, primarily Ethereum.

Next Big Crypto Narrative?

Unemployment Rate4.3% This is a modest rise from earlier lows and the highest level since 2021, indicating a softening job market.Job Creation (Nonfarm Payrolls)+22,000 in AugustJob growth has slowed significantly since earlier in the year, with little change since April. Some prior months' gains have been revised down.Job Openings Around 7.2 million Openings are lower than their peak, suggesting that the ratio of job seekers to available jobs is coming into better balance.Long-Term Unemployment1.9 million (25.7% of unemployed)This number has been rising over the year, suggesting that some job seekers are facing increased difficulty in finding work.Generally, for the US labor market (as of Q4 2025), the market is showing signs of cooling and slowing down, moving away from the tightness seen in previous years, but it's not universally "bad" by historical standards.

Spot TradingFutures TradingTrading BotsPriceBuy CryptoSitemapCoinTalkTools NavigationHelp Center

Spot Trading Futures Trading Trading Bots Price Buy Crypto Sitemap CoinTalk Tools Navigation Help Center