TL;DR

• $PUPS, $ORDI, $SATS - The memecoin rally is making its way to Bitcoin, with Bitcoin memecoins like $PUPS, Ordinals, and Runes starting to gain momentum once again.

• The United Arab Emirates (UAE) has updated its VAT rules, now offering tax exemptions for the transfer and conversion of digital assets, including cryptocurrencies.

• $FB - Fractal Bitcoin has unveiled its Q4 2024 roadmap, featuring plans to activate runes, introduce CAT20 recognition and transmission, and launch a CAT20 marketplace in October.

• $NEIRO, $BABYDOGE, $TURBO - The memecoin frenzy is back in full swing, led by newly listed coins on Binance, which have reignited the rally.

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Alpha of the Day

Bitcoin Memecoins Are on the Rise Again: $PUPS, $ORDI, and $SATS

It seems like even Bitcoin can't escape the memecoin craze. Bitcoin memecoins, led by $PUPS, Ordinals ($ORDI), and Runes ($SATS), are suddenly getting attention again, like that viral TikTok you thought was dead. The rally has migrated from the usual suspects like $DOGE and $SHIB to these quirky Bitcoin-based tokens. Whether it’s the meme magic or just market FOMO, these coins are clawing their way into the spotlight, giving us yet another reason to check prices when we should be working.

UAE’s Crypto-Friendly VAT Rules: Because Who Wants to Pay Taxes on Digital Gold?

The United Arab Emirates just became even more crypto-friendly by updating its VAT rules to give digital asset traders a break. Transfers and conversions of crypto, among other digital assets, are now tax-exempt. You heard that right—no more pesky VAT on your crypto transactions. UAE seems to be the cool parent of the financial world, allowing its kids (aka crypto enthusiasts) to play with their digital toys without the taxman knocking at the door.

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Fractal Bitcoin’s Q4 Roadmap: CAT20 and Runes Activation, Because Why Not?

Fractal Bitcoin isn’t just sitting on its laurels; they’ve rolled out a whole Q4 2024 roadmap that’s packed with tech jargon that’ll make any crypto nerd’s heart flutter. We’re talking about activating runes (no, not from Skyrim), introducing CAT20 recognition, and even launching a CAT20 marketplace by October. It’s like they’re preparing for a Dungeons & Dragons campaign, but instead of dragons, it’s Bitcoin upgrades. If you’ve been on the sidelines, now might be the time to hop on and pretend you know what CAT20 is.

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$NEIRO, $BABYDOGE, and $TURBO: The Memecoin Rally That Just Won’t Quit

Memecoins are back, baby! Thanks to newly listed tokens like $NEIRO, $BABYDOGE, and $TURBO on Binance, the memecoin rally has returned with a vengeance. It’s like the meme economy has its own seasons, and we’re deep in the “laugh-until-you-buy” phase again. Whether or not these coins are headed to the moon (or to a dark corner of crypto oblivion), one thing’s for sure: people can’t get enough of trading digital tokens with cartoonish logos and over-the-top names.

Tether’s European Makeover: $USDT Isn’t Going Anywhere, Yet

As rumors of $USDT’s potential delisting swirl around like a hurricane, Tether remains unfazed. With Coinbase planning to ditch non-MiCA-compliant stablecoins in the EEA by the end of the year, Tether has already begun building a new solution tailored specifically for the European market. Basically, $USDT is going through a little “Euro-renaissance.” So, for those holding their breath about the future of Tether, it seems like the stablecoin is just getting started—at least on this side of the pond.

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