In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even higher, forecasting gold to climb to $2,900 per ounce in 2025. Gold Set for Gains:
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Source: Bitcoin.com
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Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB
Significant market developments will likely influence altcoin price movements this week. XRP and AVAX face resistance levels that need to be reclaimed for real upward trends. Continue Reading: Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB The post Market Trends Influence Price Movements of AVAX, XRP, DOGE, and BNB appeared first on COINTURK NEWS . Bitcoin.com
UAE Amends Vat Regulations to Exempt Crypto Transfers
Amendments to the value-added tax (VAT) regulations in the United Arab Emirates (UAE) will exempt transfers and conversions of digital assets, including cryptocurrencies. On October 2, the UAE’s Federal Tax Authority (FTA) announced these changes to the country’s VAT rules. According to business consultancy PwC, the new regulations also include VAT exemptions for additional services, such as managing investment funds and the transfer and conversion of virtual assets. These exemptions will be applied retroactively from January 1, 2018, providing significant relief to businesses in the crypto space. PwC explained that virtual assets in the UAE are defined as a “representation Bitcoin.com