Category: ICO

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

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LTC Gains 3%, Leading CoinDesk 20 Index Higher

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…

Bitcoin Price (BTC) Rises to $68K, Crypto Dominance Hits Cycle High

A closer look at the ETH/BTC ratio from its cycle bottom in June 2022 shows a continuing series of weaker lows. In previous cycles, such as the 2016-2019 and 2019-2022 periods, the ETH/BTC ratio was at least 200% higher from the cycle low at this point. However, the current ratio is 25% beneath its June 2022 cycle low, highlighting ether’s underperformance against bitcoin. Source

CoinDesk Buys Crypto Data Provider CCData and Its Retail Arm CryptoCompare

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…

Action taken against United Utilities over transparency failings

We have issued a practice recommendation to United Utilities for failing to properly handle requests for important environmental information from the public. Water companies have a legal obligation to make information about the environment available under the Environmental Information Regulations (EIR), both proactively and if requested by the public. Following numerous complaints about its lack of transparency, we have ordered United Utilities to urgently improve its handling of EIR requests. Our investigation found that United Utilities has repeatedly failed to respond to requests for information within the legal timeframe of…

Bitcoin’s (BTC) Inverse Ties With Dollar Index (DXY) Challenged as U.S. Election Looms

“The upside convexity on a Trump win is worth being long, and we are seeing market participants building positions in the lead-up. In the absence of an escalating crisis, we see BTCUSD at 70,000 in the coming weeks, continuing off current downside support, with equities breaking further highs,” crypto liquidity provider Zerocap’s Chief Investment Officer Jonathan de Wet said in an email. Source