Crypto News

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

Italy is set to increase the capital gains tax on cryptocurrencies, including Bitcoin, from 26% to 42%, according to Bloomberg reports via PANews. This move aims to enhance tax revenues and regulat...

US Spot Bitcoin ETFs Holding Surge by 32,370 BTC This Week

On October 19, monitoring data indicated that U.S. spot Bitcoin ETFs increased their holdings by an impressive 32,370 BTC in just one week, while only 2,250 BTC were produced.

Bitcoin Contract Holdings Dip Below $40 Billion Amid Market Fluctuations

As of October 22, Bitcoin contract holdings plummet to $39.72 billion, marking a 2.56% decline. The CME platform faces the largest drop at 5.2%, highlighting significant market changes.

Cryptocurrency Market Liquidations Hit $70.55 Million in 24 Hours

In the last 24 hours, the cryptocurrency market experienced $70.55 million in liquidations. Long positions contributed $44.21 million, while short positions added $26.34 million, with Ethereum and ...

Binance Market Update: Cryptocurrency Trends on October 21, 2024

As of October 21, 2024, the global cryptocurrency market cap is $2.35T. Bitcoin (BTC) trades at $68,316. Key news includes Standard Chartered's digital currency pact and Japan's proposed crypto tax.