Tag: Set

Italy set to raise Bitcoin capital gains tax to 42%

Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its capital gains tax on Bitcoin and other cryptocurrencies from 26% […]

Mudrex set to introduce U.S. Bitcoin ETFs to Indian investors

Mudrex to offer US Bitcoin ETFs to Indian investors. Mudrex will facilitate access to BlackRock, Fidelity, Franklin Templeton, and Vanguard spot ETFs. Indian regulatory environment poses challenges with RBI restrictions. Mudrex, a California-based crypto investment platform, is set to revolutionize the Indian investment landscape by offering U.S. spot bitcoin exchange-traded funds (ETFs) to both institutional […]

GBTC outflows slow, signalling possible rebound; $GFOX set for major rally

Available data and expert submissions show Grayscale’s Bitcoin Trusts (GBTC) outflows are trending down, suggesting that the dumping spree may soon end. Although the outflow number is still considerably large, a rebound looks to be on the horizon for $BTC prices, and investors’ confidence is gradually returning. Galaxy Fox holders also expect a significant rally from […]

US sanctions Bitcoin ETF, NuggetRush set to cross $1.8M in investment

Bitcoin ETF has become a reality with the SEC approving its listing on major exchanges in the United States. NuggetRush is the latest crypto sensation that has raised more than $1.8 million from eager investors. As 2024 progresses, both NuggetRush and Bitcoin are expected to perform well this year. The United States on 10 Jan 2024 […]

Bitcoin volatility rising as $4.2 billion options set to expire Friday

Key Takeaways Bitcoin volatility is the highest point since July 2022 Liquidity is extremely thin which is pushing volatility higher and accentuating price moves $4.2 billion of options expire Friday, with bull set to profit following the recent surge up to $28,000 Yesterday, I wrote a piece looking at how the correlation between Bitcoin and […]

Bitcoin (BTC/USD) new lower price target set by analysts

What next after Bitcoin (BTC/USD) broke below its long-term psychological level at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous analyst tells his 618,400 Twitter followers to expect one “last nuke” that could see altcoins also tank by 30-40%. It’s not only the popular analyst expecting […]

SHIB 8% Gain Bigger Than TWTR’s As Elon Musk Set For Twitter Takeover

Shiba Inu managed to finally be on the green across its short-term price charts as SHIB gets exposed to a number of positive stimuli over the last few days. The cryptocurrency reacted positively to the news of Elon Musk’s upcoming takeover of social media giant Twitter, increasing the price of SHIB by over 8% just […]