Italy Cracks Down on Crypto, Raises Bitcoin Capital Gains Tax to 42%
Italy announced that it intends to raise the capital gain tax on Bitcoin (BTC) and crypto from 26% to 42%, sparking market speculation. Italy created a stir in the global crypto market on Wednesday by increasing the tax on virtual assets. In an unprecedented move, the country led by President Georgia Meloni recently unveiled plans to […]
Metaplanet Stock Jumps 9% as New Bitcoin Strategy Boosts Revenue
Metaplanet stock price rises 9% post-rollup Bitcoin put options at $66,000, boosting yields and revenue amid investor confidence in its BTC strategy grows. Metaplanet Inc.’s stock saw a surge of nearly 9% as investors appeared to applaud the company’s latest move in the Bitcoin market. The Japanese publicly traded firm reported an increase in revenue from its […]
UAE Calls for Probe Into Cardi B’s WAP Meme Coin
The UAE Securities and Commodities Authority has initiated a probe into $WAP, a Solana-based token promoted by celebrities such as Cardi B. The United Arab Emirates’ Securities and Commodities Authority (SCA) has initiated an investigation into alleged securities violations involving the cryptocurrency $WAP, a Solana-based token promoted by prominent celebrities like Cardi B. The probe follows a […]
Shytoshi Kusama Warns Against Fake Billion-Dollar Shib Wallet Claims
Shytoshi Kusama, Shiba Inu lead developer, has warned investors about fake claims of billion-dollar Shib wallets, raising concerns. Shytoshi Kusama, Shiba Inu’s lead developer, stirred the cryptocurrency market on Monday by issuing a warning against individuals falsely claiming to hold billion-dollar SHIB wallets. Kusama urged market participants to verify such claims before accepting them as […]
Binance Provides Major Update on NEIRO, POPCAT, EIGEN, & 8 Others
Binance has announced that it is updating the leverage and margin tiers of USD-Margined perpetual contracts for NEIRO, POPCAT, and 9 others. On Monday, Binance issued a significant update regarding 11 coins, including NEIRO, POPCAT, EIGEN, CFX, DYDX, MEW, CATI, 1MBABYDOGE, ZK, BNX, and UNFI. The crypto exchange announced changes to the leverage and margin […]