Tag: Debate

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate – Taxes Bitcoin News

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Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the Assembly of the Republic, Portugal’s legislature, have rejected two separate proposals to tax profits from crypto investments. They came from the leftist parties Bloco de Esquerda (Left Bloc) and Livre, and were turned down by…

Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed

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It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar. The bearish headwinds for the crypto market have been building since late 2021 as the U.S. dollar gained strength and the United States Federal Reserve hinted that it would raise interest rates throughout the year. According to a recent report from Delphi Digital, the 14-month RSI…

Debate over how cryptocurrency could be used in future l GMA

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 2022 Miami bitcoin conference wrapped up with twice more attendees than last year. Subscribe to GMA’s YouTube page: Visit Good Morning America’s homepage: Follow GMA: Facebook: Twitter: Instagram: Watch full episodes of GMA: SIGN UP to get the daily GMA Wake-Up Newsletter: #bitcoin #cryptocurrency #miami #conference ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

The UK’s FCA Says It Has Been Focused on the More Negative Side of the Crypto Debate

Speaking at the FT Digital Asset Summit, David Raw, FCA co-director of consumer and retail policy, said that while the U.K. Treasury was enamored with “the exciting opportunities” of attracting crypto firms, his agency was focused on the risks. “I think perhaps traditionally or perhaps a little too much the FCA has been on the other side,” he said. “Anything about corporate risks and market integrity risks to financial stability risks.” Source CryptoDebateFCAfocusednegativeSideUKs CryptoX Portal

Analysts debate Bitcoin’s next step after today’s $45.5K retest

The euphoric calls for a return of the bull market may have been a bit early especially after Bitcoin (BTC) bulls failed to push the price over the $46,000 level on March 31. Even with the current pullback, analysts continue to expect a lower support retest at the $45,000 level. Data from Cryptox Markets Pro and TradingView shows that today’s attempt to push the price of BTC above $47,500 was soundly rejected by bears which sent the top cryptocurrency plunging to $45,500. BTC/USDT 1-day chart. Source: TradingView Here’s a look…

Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs

CryptoX – Cryptocurrency Analysis and News Portal “The texts of the European Parliament and the Council converge to a great extent on the framework applicable” to the large-scale currency tokens that are most heavily regulated by the new law, said a document seen by CryptoX, prepared by French officials ahead of that meeting. Source The post Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs appeared first on CryptoX. CryptoX Portal

Musk-Saylor inflation debate boils down to scarcity

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As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world.  Joining this discussion online, Tesla CEO Elon Musk asked publicly about the probable inflation rate over the next few years to gauge the notion of global investors. Sharing his thoughts on the matter, American billionaire and MicroStrategy CEO Michael J. Saylor opined that with rising inflation, he expects the capital…

Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s – Economics Bitcoin News

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While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the current warfare in Ukraine could spark major energy issues like the 1970s oil crisis. Top Economists Say Odds of Recession Are Rising, While Some Are Inclined to Believe Economic Fallout Will Be ‘Modest,’ Energy Disruptions Will Be ‘Limited and Temporary’…

OpenSea updates banned countries list sparking decentralization debate

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U.S.-based NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors and raising fresh debate about decentralization in the crypto space.  On Thursday morning, Iranian OpenSea users started posting on Twitter that their accounts were being deactivated or deleted with no prior warning. Iranian NFT artist “Bornosor” vented frustrations to their 4,700 followers, in a tweet that quickly gained traction, garnering 342 retweets and over a thousand likes within a few hours. Bornosor stated, “NOT A gm AT ALL. Woke up to my…