The Ether ICO started on July 22, 2014. ๐ then, ETH was sold for Bitcoin at a rate of 2,000 ETH per 1 BTC: completely permissionless, no VCs, no vesting.
๐ฅณ Today, ETH spot ETFs start trading in the US. Ethereum is now widely recognized as a digital commodity!
We are in the middle of a bull market, but retail is yet to join the party!
โฝSo far, the bull market is driven by crypto natives and institutional investors.
๐ฐOver $17.1B in total institutional inflows, with #BTC gaining the majority at $16.7B.
๐ Meanwhile, retail user metrics like Google search trends, new crypto YouTube subscribers, and AppStore rankings signal that most retail users still need to arrive.
Hey, SPENDERS! Guess which country is most favorable in terms of crypto taxes? ๐
Besides El Salvador, where Bitcoin is legal tender, the list includes countries like Puerto Rico, Switzerland, Georgia, Malta, the Cayman Islands, and others. These destinations offer significant tax advantages, allowing you to keep more of your hard-earned crypto gains.
๐ณ Check the full list and tax policies of each country here
Boom: It's July, and we're pushing forward with the token release, card product, and the app!๐
In other news: Bitcoin closed a lackluster June, falling almost 7% for the month๐ป. The positive side? There are reports that US regulators could approve spot Ether ETFs for launch by July 8, which would be a huge boost for the market.