Coins and Token News

Italy Plans to Introduce 26% Tax on Crypto Gains, More Details

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

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Solana Price Prediction: Is Solana Dead, or Is It Just Panic Selling?

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

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Powell Speech Today: Smaller Interest Rate Hikes In December, Crypto Price Up

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

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Breaking: EU Warns Musk Of Twitter Ban Over Content Moderation

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

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Just-In: Telegram To Launch Crypto Exchange Following FTX collapse

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

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Sam Bankman-Fried first ever interview after FTX collapse

Sam Bankman-Fried is everywhere on the news nowadays. You will always listen and read about him but rarely from him. However, Tiffany Fong, a prominent journalist, had a chance to interview him. The interview was short but it had all the things that you need to know about Sam Bankman-Fried, FTX, Alameda, and other relevant …

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Polkadot price analysis: DOT rises to $5.40 as bulls make another attempt at $5.50

TL;DR Breakdown Polkadot price analysis suggests an upwards movement to $5.70 The closest support level lies at $5.27 DOT faces resistance at the $5.46 mark The Polkadot price analysis shows that the DOT price action has recovered back to the $5.40 mark as the bulls charge above.  The broader cryptocurrency market observed a positive market …

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Bitcoin, Ethereum, Algorand, and Filecoin Daily Price Analyses – 29 November Roundup

The global crypto market has witnessed a speedy influx of capital which has strengthened the market. The recent changes for Bitcoin, Ethereum, and others show a considerable rise. The ongoing bullish wave has proved considerably stronger in comparison to the past. Though it is yet to be seen how long it will continue. The data …

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PoW crypto mining banned by NY governor: Will mining become extinct? 

Last week, New York Governor Kathy Hochul signed new regulations to ban certain crypto mining operations. The signed moratorium bans proof-of-work mining facilities that use any carbon-based power source for the new two years. Mining companies that use 100% renewable energy are exempt from this new law.  The governor stated that this initiative will curb …

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Avalanche price analysis: AVAX sits within $11-12 range with bears in control

Avalanche price analysis continues to show bears in control of price action, as the token extended its horizontal trend that has been in place since the start of November. After dropping below the $13 mark on November 27, AVAX has settled within a narrow horizontal range of $11.74-$12.83 with bears in control and possibility for …

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