Bitcoin Whales Surge Amid ETF Boom: Price Drop May Be Short-Lived
Oct 17, 2024 08:07 am UTC| Digital Currency Insights & Views
Recently, Bitcoin transactions involving large amounts, known as whale transactions, have surged to their highest level in over 10 weeks. On Tuesday, there were 11,697 transfers of $100,000 or more, and Wednesday also...
Italy Raises Capital Gains Tax on Cryptocurrencies to 42%: A Move That Could Stifle Investment
Oct 17, 2024 07:47 am UTC| Digital Currency
Italy has announced a significant increase in the capital gains tax on Bitcoin and other cryptocurrencies, raising the rate from 26% to 42%. This change is scheduled to take effect next year and is part of the governments...

Shiba Inu Volume Soars 21% to $206M – Is a Massive SHIB Price Rally Coming?
Oct 16, 2024 21:00 pm UTC| Digital Currency Technology Business
Shiba Inu (SHIB) trading volume has jumped 21% in just 24 hours, hitting $206 million. This sudden increase in market activity is fueling discussions of an upcoming SHIB price rally as the broader crypto market remains...

Bitcoin Rockets Past $68K as Japan Unveils Massive Stimulus; Analysts Predict $73K Next
Oct 16, 2024 20:38 pm UTC| Digital Currency Technology Business
Bitcoin soared beyond $68,000 today following Japans announcement of a significant economic stimulus package. Market optimism is rising as analysts predict the rally could propel Bitcoin to $73,000, bolstered by...

Thailand’s Oldest Bank Unveils 24/7 Stablecoin Transfers, Slashes Global Payment Fees
Oct 16, 2024 20:28 pm UTC| Digital Currency Technology Business
Siam Commercial Bank is partnering with Lightnet to introduce 24/7 stablecoin remittance services, drastically cutting fees for global payments. This move positions SCB at the forefront of innovation in cross-border...

Italy Drops Bitcoin Tax Bombshell: Capital Gains to Soar to 42% in Shocking Budget Move
Oct 16, 2024 20:14 pm UTC| Digital Currency Technology Business
In a shocking budget proposal, the Italian government is set to raise the capital gains tax on Bitcoin from 26% to 42%, creating major concerns for crypto investors as the country seeks new revenue sources. Bitcoin...

FxWirePro-Major crypto levels and bias summary
Oct 16, 2024 17:05 pm UTC| Digital Currency
Major crypto levels and bias...