Latest NEM news
Senate Bill Would End SEC's Oversight of Most Crypto, Create $200 Tax Exemption
The CFTC would replace the SEC as crypto's prime regulator under a major new bill proposed by Senators Carol Lummis and Kirsten Gillibrand.
UK regulators warn crypto firms aren’t exempt from Russian sanctions rules
The Bank of England, HM Treasury and the Financial Conduct Authority issued a joint statement on sanctions and crypto assets amid Russia's invasion of Ukraine. The post UK regulators warn crypto firms aren’t exempt from Russian sanctions rules appeared first on The Block.
Thailand Exempts Crypto Traders From Tax, But On One Condition
Thailand authorities have revised the local tax policy to exempt cryptocurrency traders from the mandatory 7% value-added tax (VAT), but on one condition. What Happened: Thailand's finance ministry decided to waive the mandatory 7% VAT tax imposed on crypto trades if the traders operate on authorized cryptocurrency exchanges and also offers tax exemptions of up to 10 years for crypto startup investors, according to a Tuesday Reuters report. The news follows the country dropping its plans to impose a 15% tax on cryptocurrency capital gains following a widespread backlash in early February. See Also: IS REGULATION BAD FOR CRYPTO? Thailand's revised tax policy also allows traders to offset their annual losses against gains when filing their crypto investment taxes. These new regulations and exemptions will come into full effect from April and will last until December 2023. The country's finance minister Arkhom Termpittayapaisith said the new rules were developed to promote the nascent digital asset market in the local market. BTC Price Action: As of press time, Bitcoin is trading at $38,547 after seeing its price drop by 1.35% over the last 24 hours. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Bill advancing de minimis tax exemption for crypto transactions returns to Congress
The bill would free crypto users of the need to pay capital gains taxes on crypto used in smaller personal transactions. The post Bill advancing de minimis tax exemption for crypto transactions returns to Congress appeared first on The Block.
America's First Bitcoin ETF Wants Exemption from Trading Restrictions
Bitcoin's first ETF in the USA could be growing too fast for the Chicago Mercantile Exchange.
This article discusses the current XEM price and the XEM price predictions provided by reliable sources. Can XEM reach a new all-time high in the future? What does the XEM coin technical analysis indicate? Why is it important? What will the XEM price look like in 2021-2025? Is the XEM coin a good investment right now? Let’s dive in and decide for ourselves.
NEM Real-Time Status
XEM current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
NEM Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
You can check the XEM price through CoinJoy's crypto portfolio tracker. Choose XEM from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy NEM
You can choose one or a few ways to purchase XEM. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support XEM tokens and allow you to store them. Locate the XEM address starting from 0x. Sign up with XEM and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many XEM coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support XEM. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
NEM Price Prediction 2022
We have gathered the latest NEM price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that NEM prices will increase, forecasting a potential bullish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.234, with a potential maximum of $0.234, and a minimum of $0.039.
Trading Beasts has set the following targets for NEM in 2022: an average of $0.064, a maximum of $0.081, and a minimum of $0.055. Based on the provided data, purchasing NEM might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for NEM: an average of $0.057, and a minimum of $0.055 is what holders could be anticipating in 2022.
NEM Price Prediction 2023
According to Wallet Investor, NEM prices are estimated to show positive uptrend signs in 2023, reaching an average of $0.23, with an expected maximum of $0.23, and a minimum of $0.017.
Similarly, Trading Beasts indicates an average of $0.08, a maximum of $0.099, and a minimum of $0.068 for NEM.
Based on the information provided by key indicators, PricePrediction.net believes that NEM prices could grow next year. The website forecasts the following prices for NEM: an average of $0.083, a maximum of $0.096, and a minimum of $0.081.
NEM Price Prediction 2024
Trading Beasts expects a continuous positive trend for NEM throughout 2024. The prices are likely to range between a maximum of $0.122 and a minimum of $0.083, with the average price reaching $0.098.
PricePrediction.net has set an average of $0.12, a maximum of $0.14 and a minimum of $0.11 for NEM in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on NEM. Investors should watch out for a potential average of $0.008. The website also indicates a maximum of $0.003 and a minimum of $0.005 in two years.
NEM Price Prediction 2025
Trading Beasts is also indicating an increase in NEM prices, starting from the minimum of $0.085 and reaching as much as $0.125. The expected average price is $0.1.
Furthermore, PricePrediction.net is seemingly enthusiastic about NEM prices in 2024. The website forecasts that the price may go up to as much as $0.2. The expected average price is set at the $0.17 level, whereas the expected minimum price is $0.17.
In 2025 Wallet Investor views NEM negatively. According to the website algorithm, the expected average price is $0.013, with potential maximum and minimum prices reaching $0.009 and $0.004 respectively.
NEM Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for NEM in 2030. Investors could be expecting an average of $0.134. The maximum and minimum prices might hit $0.163 and $0.104 respectively.
Last but not least, based on the sentiment from PricePrediction.net, NEM prices will continue to grow in the long run, with the average price reaching the $1.05 level. The expected maximum price is $1.26 and the potential minimum is $1.02.
According to the long-term forecast from Wallet Investor, NEM has bad investment potential. The prices could reach $0.009 on average, whereas the maximum price could go up to as much as $0.012, and the minimum price could hit the $0.007 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is NEM a good investment?
According to the experts' forecasts, NEM will be a good investment.
Does NEM Have Potential?
The XEM is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since NEM forecast is positive, It has potential.
How much will NEM be worth in 2022?
In 2022 the price of XEM is expected to reach $0.061, based on the forecasting from various sources.
How much will NEM be worth in 2023?
In 2023 the price of XEM is expected to reach $0.096, based on the forecasting from various sources.
How much will NEM be worth in 2024?
In 2024 the price of XEM is expected to reach $0.14, based on the forecasting from various sources.
How much will NEM be worth in 2025?
In 2025 the price of XEM is expected to reach $0.2, based on the forecasting from various sources.
How much will NEM be worth in 2030?
In 2030 the price of XEM is expected to reach $1.26, based on the forecasting from various sources.