Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto […]
Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […]
Brett Price Pumps 30% in a Week, Expert Says Flockerz Could See Bigger Gains
Meme coins have been back making headlines in the past week. Brett (BRETT), the Base chain’s biggest meme coin, has surged 30% since last Monday. But one expert believes the real winner could be Flockerz (FLOCK) – a Vote-to-Earn meme coin still in its presale phase. BRETT Breaks Past Key Resistance at $ 0.10 …
Report: GOAT Meme Coin, Created by AI Bot, Gains Massive Value Over the Past Day
A meme coin named GOAT, issued by an artificial intelligence (AI) bot known as “Truth Terminal,” has gained significant traction with a dramatic rise in value. According to a report published by chaincatcher.com, authored by Deep Tide Techflow, on Oct. 11, the meme coin achieved a 12,000% increase in the first 24 hours, bringing attention […]