Italy will raise the tax to 42% from 26% as part of plans to raise more revenues in the 2025 budget, according to Deputy Economy Minister Maurizio Leo. Read More… about Italy to raise capital gains tax on bitcoin from 26% to 42%
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Nearly half of traditional hedge funds have exposure to digital assets
Nearly half (47%) of traditional hedge funds surveyed this year have exposure to cryptocurrencies, up from 29% in 2023 and 37% in 2022, as increased clarity around regulations and the launch of exchange-traded funds in the U.S. and Asia draw more investors into the asset class, according to a new report by AIMA and PwC. Read More… about Nearly half of traditional hedge funds have exposure to digital assets
Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Momentum is building in Washington for the establishment of a U.S. strategic Bitcoin reserve, as lawmakers from both parties see potential benefits in securing the nation’s foothold in the digital asset economy. The proposal has drawn support from key members of Congress, who argue that holding Bitcoin could bolster the country’s financial resilience and provide a hedge against monetary instability. Backers believe that incorporating Bitcoin into the nation’s reserves would help position the U.S. as a leader in digital finance while ensuring greater control over its influence on global markets. Read More… about Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
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BlockDAG $105.5M & Impresses the Crypto Industry with Rebranded Website While RAY Leans Bullish & SCR Leans Bearish
The crypto industry is a constantly adapting organism that feeds off rumours and enthusiasm. This week Raydium (RAY) & Scroll (SCR) are seeing both sides of the spectrum as RAY is receiving attention from the bull and SCR is getting love from the bears. Both could change at any moment, depending on how the next few days play out. Read More… about BlockDAG $105.5M & Impresses the Crypto Industry with Rebranded Website While RAY Leans Bullish & SCR Leans Bearish
Ethereum Trader Who Bought DOGE At $0.0001 And Sold At $0.16 Buys This New ERC-20 Token At $0.08
Dogecoin (DOGE) investments in their early stages have produced massive returns for investors. One of the Ethereum (ETH) traders who generated 159,900% in his DOGE investments is again betting on DTX Exchange (DTX), and the reason is the same—small market cap and large total addressable market. The exchange market is worth a trillion dollars, and DTX Exchange aims to lead the market with its advanced platform and blockchain technology. Read More… about Ethereum Trader Who Bought DOGE At $0.0001 And Sold At $0.16 Buys This New ERC-20 Token At $0.08
Why Qubetics Could Be the Investment of 2024: Exploring Gala and Kryza’s Unique Roles
The cryptocurrency landscape is continuously evolving, with several projects emerging that bring unique opportunities and innovations to the space. In 2024, three standout projects—Qubetics, Gala, and Kryza—are gaining traction, each offering unique propositions to investors and users. While all three projects showcase the transformative potential of blockchain, one project, Qubetics, is creating a distinct buzz that investors can’t ignore. Let’s take a closer look at what makes each of these crypto assets a unique player in the industry and why Qubetics, in particular, is on everyone’s portfolio. Read More… about Why Qubetics Could Be the Investment of 2024: Exploring Gala and Kryza’s Unique Roles
The Secrets Behind BlockDAG’s Success: How Cutting-Edge Tech and Strategic Moves Are Rewriting Crypto Rules
BlockDAG (BDAG) has swiftly climbed the ranks to become a cornerstone in the blockchain sector, charting a path filled with remarkable achievements that showcase its technical prowess and strategic advancements. Read More… about The Secrets Behind BlockDAG’s Success: How Cutting-Edge Tech and Strategic Moves Are Rewriting Crypto Rules