Italy to raise capital gains tax on Bitcoin from 26% to 42%

The cost to purchase one Bitcoin (BTC) has dropped almost 10% in the last seven days and has been eyeing extended declines as it drops below $40,000, its interim psychological support, on Jan. 10.BTC/USD weekly price chart. Source: TradingViewNonetheless, the losses suffered by Bitcoin still appear less than that of some of its top crypto…

CZ claims Binance didn’t really make Binance Smart Chain, Beijing to distribute $6.2 million in free digital yuan, and miners speak out about clean energy mining 2052 Total views 4 Total shares This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects,…

As the burgeoning blockchain technology paradigm has continued to evolve, a whole host of unique asset classes have started to make their way into the mainstream. Private equity tokens are one such offering, serving as digital representations of ownership in private equity investments powered by a decentralized ledger. These tokens enable fractional ownership, improved liquidity and…

1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. 2376 Total views 7 Total shares Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi — potentially opening up the market to greater adoption. “To date, some users…

Silvio Schembri is Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister of MaltaMalta becoming the “Blockchain Island” is no longer a distant dream but a reality, which — within a very short time frame and through our tireless commitment to incorporate, use and embrace this new, emergent…

Small wallet addresses–those containing 0.1 Bitcoin or more–continue to accumulate Bitcoin at a rapidly increasing rate. 724 Total views 13 Total shares Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of…

Unfortunate "crypto" brand name causes the company to shut down. Crypto International, a successor of controversial Swiss company Crypto AG, is reportedly dismissing dozens of employees following a major spying scandal.As many as 70 employees had to quit Crypto International after Crypto AG was found to be selling backdoored products to benefit agencies like the…

Investor cost basis narrowly escapes a support/resistance flip as traders diverge over whether Bitcoin has really bottomed. 249 Total views 5 Total shares