Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially part of October’s budget plan, to support the country’s growing digital asset sector, according to Bloomberg. Italy’s steep crypto rate increase Currently, crypto transactions in Italy face a 26% tax, but officials had proposed raising this to 42% to boost public finances. Crypto industry executives, however, voiced concerns, arguing that…
Tag: Report
Report: Crypto Traders Lean Toward Leveraged Long Positions After Trump Victory
A report indicates that post-U.S. elections, traders are favoring leveraged long positions in perpetuals and futures contracts. Trump’s Victory Brings Stability to Markets According to a new report by Bybit and Block Scholes, market trends in the period immediately after the U.S. elections suggest traders are leaning strongly toward leveraged long positions, especially in perpetuals […] Source CryptoX Portal
CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report
WonderFi CEO was forced into a vehicle but released after a ransom was paid. Source
“Privacy must still come first.” – we’re calling for collaboration with developers as report reveals future innovations and data protection concerns in genomics
New report highlights how genomics could one day determine insurance quotes, solve crimes, tailor support in schools and create fitness plans Concerns raised around third-party data, inappropriate bias, data security, and data minimisation We call for developers to take “privacy-by-design” approach and to join Regulatory Sandbox We have today released a new report on genomics, highlighting the need for a privacy-by-design approach that supports innovation whilst safeguarding privacy. The report shows how genomics could soon impact everyday life in remarkable ways: hospitals might use DNA to predict and prevent diseases,…
OKX Ventures Q3 2024 Report Highlights Investments in Blockchain and AI Innovations
Zach Anderson Nov 04, 2024 14:06 OKX Ventures emphasizes investments in blockchain ecosystems and AI technologies, focusing on Bitcoin, Ethereum, and innovative projects like zkLink and Monad in its Q3 2024 report. In its Q3 2024 report, OKX Ventures has highlighted a strategic focus on promising projects within leading blockchain ecosystems, including Bitcoin (BTC) and Ethereum (ETH), as well as advancements in AI technologies. According to OKX Ventures, the Federal Reserve’s recent rate cuts have positively impacted decentralized finance (DeFi) protocols, enhancing…
Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantial […] Original
Bitcoin Price (BTC) Volatile, but Holding Near $70K Following Weak Employment Report
The U.S. added just 12,000 jobs in October, according to the Nonfarm Payrolls report, well shy of economist forecasts for 113,000. September’s job gain of 254,000 was revised down to 223,000. October’s unemployment rate was 4.1% versus 4.1% expected and 4.1% in September. Original
Robinhood Posts 165% Revenue Growth In Q3 Earnings Report
Este artículo también está disponible en español. Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits increased to $34 million. Related Reading It’s a promising development for Robinhood Markets this quarter after facing plenty of challenges in the past. The company took a hit in early 2021 after it decided to restrict trading in GameStop and other meme stocks during a market…
Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs
Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices The Coinshares Q3 mining report, with research led by James Butterfill, reveals that bitcoin mining costs are rising, reaching an estimated $49,500 per bitcoin (BTC) […] Original
Bitcoin’s Path to Record Highs: Cryptoquant Report Reveals ETF Activity and OTC Supply Dynamics
Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp […] Original