Coins and Token News
After Portugal, another European country is set to toughen crypto regulations and further expand taxation on crypto trading. A provision in Italy’s 2023 budget plan seeks to levy a staggering 26% tax on capital gains derived from crypto trading. However, this tax slab will be applicable if the crypto profits are larger than 2,000 euros
The post Italy Plans to Introduce 26% Tax on Crypto Gains, More Details appeared first on CoinGape.
Solana price prediction: the Solana coin price was one the most affected coin from the FTX crypto exchange collapse. The coin’s market value witnessed a sudden drop from $37.2 to $13 in early November. Following this fall, the price action went sideways, revealing a bullish reversal pattern. Key points The ongoing consolidation in Solana reveals
The post Solana Price Prediction: Is Solana Dead, or Is It Just Panic Selling? appeared first on CoinGape.
Fed Chair Jerome Powell Speech Today: Fed Chair Jerome Powell said smaller interest rate hikes could start in December. U.S. Federal Reserve chairman Jerome Powell spoke on the economic outlook, inflation, and the labor market, at a Brookings event on Wednesday. In his initial remarks, Powell acknowledged that the inflation remained high. The truth is
The post Powell Speech Today: Smaller Interest Rate Hikes In December, Crypto Price Up appeared first on CoinGape.
The EU has threatened to shut down Elon Musk’s Twitter unless the billionaire follows its stringent guidelines for content moderation, igniting a legal war over the survival of the social network. Strict Rules Imposed According to persons with knowledge of the event, Thierry Breton, the EU commissioner in charge of carrying out the bloc’s digital
The post Breaking: EU Warns Musk Of Twitter Ban Over Content Moderation appeared first on CoinGape.
Pavel Durov, the founder of Telegram, has revealed that the messaging service intends to launch decentralized cryptocurrency products in the near future. These products will include the launch of a cryptocurrency exchange as well as non-custodial wallets. Telegram’s Crypto Exchange Following the collapse of the FTX exchange, the CEO stated on November 30 that the
The post Just-In: Telegram To Launch Crypto Exchange Following FTX collapse appeared first on CoinGape.