Italy Intends to Raise Capital Gains Tax on Bitcoin
The Italian government is exploring a significant increase in the capital gains tax for Bitcoin investments, raising it from the current 26% to a substantial 42%.
Bitcoin Dominance Reaches Highest Level in 3.5 Years
As the price of Bitcoin continued to rise while the altcoin market remained stagnant, Bitcoin’s dominance increased to its highest level since April 2021.
US Spot Bitcoin ETFs Attract $555M
The spot Bitcoin ETF market in the US yesterday experienced a surge in net inflows, totaling $555.8 million. This marks the highest level of inflows since June 4.
Kamala Harris Will Support Crypto Regulatory Framework to Support Black Men
According to Vice President Kamala Harris, she intends to support a regulatory framework for cryptocurrency that prioritizes protecting Black men who invest and own crypto.
Bernstein: Bitcoin Will Reach $80,000-90,000 if Trump Wins US Election
According to analysts at Bernstein, if Donald Trump wins the US election next month, bitcoin could potentially hit new record highs of $80,000 to $90,000.
Bitcoin Mining Profitability Fell Last Month: Report
According to a report from JPMorgan, the average price of Bitcoin and the hashrate of the network saw a slight increase in September.
US Spot Bitcoin ETFs See $4.56M in Inflows
On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.
