Italy’s approach to cryptocurrency taxation has come under the microscope, especially following the government’s announcement of a steep tax hike on crypto capital gains as part of the 2025 budget proposals. Initially, policymakers sought to raise the tax rate from 26% to a staggering 42%, intending to bolster government revenues amid challenging economic conditions. However,
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In a remarkable evolution within the crypto ecosystem, Ethereum has solidified its position as the predominant blockchain for Tether’s USDT, surpassing its previous leader, Tron. This transition marks a pivotal moment for stablecoins, particularly in how they interact with decentralized finance (DeFi) and broader financial ecosystems. The implications of this shift extend beyond mere metrics,
The landscape of technology is shifting dramatically as Web3—an evolution fueled by blockchain, NFTs, and decentralized finance—gains traction across the globe. The latest ConsenSys Web3 Survey, conducted in partnership with YouGov, offers illuminating insights into how individuals from diverse regions are interacting with these cutting-edge technologies. Covering responses from over 18,000 participants across 18 countries
Ethereum’s price action has been encapsulated within a critical trading range of $3,500 to $4,000, representing a key battleground for market participants. Recently, the cryptocurrency found support around the lower end of this range at $3,500. Following this, bullish sentiment sparked a renewed effort to approach the upper resistance level at $4,000. This price range
In an era marked by rapid digital asset evolution, Binance has notably distinguished itself as the foremost cryptocurrency exchange. A recent report from December 12, 2024, highlighted that the platform secured an astounding $21.6 billion in customer deposits. This significant figure not only places Binance at the forefront of the crypto exchange market but also
The landscape of online gaming is undergoing transformative changes, especially as platforms explore new methods for engaging their communities. One such example is Hamster Kombat, which has recently embraced Decentralized Autonomous Organization (DAO) functionality aimed at revitalizing player trust and enhancing community involvement. By delegating decision-making powers to HMSTR token holders, Hamster Kombat sets a
In recent years, governments around the world have placed increased scrutiny on financial institutions to ensure that they operate within the boundaries of the law. The Australian Securities and Investments Commission (ASIC) plays a crucial role in this regulatory landscape, aiming to protect consumers and maintain the integrity of financial markets. A recent case involving
As decentralized finance (DeFi) continues to revolutionize the financial landscape, emerging projects are drawing both attention and investment. One such initiative is World Liberty Financial (WLFI), which stirred interest recently after a substantial acquisition valued at $12 million. Backed by high-profile endorsements, including that of President-elect Donald Trump, WLFI’s strategic undertakings may significantly influence its
Bitcoin, the flagship cryptocurrency, has recently captured attention with a remarkable ascent that has taken it from $68,000 to an astonishing peak above $100,000 within the span of just one month. Despite a minor setback for two days at the start of the week, this bull rally demonstrates significant strength and resilience. Such fluctuations are
Cryptocurrency, with its potential for high returns, continues to attract a wide array of investors, but it also draws the attention of malicious actors seeking to exploit the unsuspecting. Recently, a surge in sophisticated scams has emerged, characterized by attackers creating counterfeit social media accounts of well-known figures in the crypto space to deceive individuals