Italy to Lower Proposed Crypto Tax Hike to 28%
Italy is expected to decrease its proposed 42% capital gains tax on cryptocurrency transactions to 28%, marking a significant departure from its previous policy.
Bitcoin Greed and Fear Index Reaches Highest Level in 7 Months
On November 10, the market sentiment for Bitcoin and other cryptocurrencies reached its highest level of “greed” in nearly seven months, with the Crypto Fear & Greed Index scoring 78 out of 100.
France May Ban Polymarket
French regulator Autorite Nationale des Jeux is considering banning Polymarket in Europe due to attention-grabbing bets made by a French national on the 2024 US presidential election.
Crypto Stocks Jump on Trump’s Victory
The stock market for United States cryptocurrencies saw significant gains at the end of the trading day, with most stocks experiencing double-digit increases.
VanEck Launches a PYTH ETN in Europe
Asset management company VanEck is launching a new exchange-traded note (ETN) based on PYTH.
Pakistan Will Legalize Crypto
The changes proposed by Pakistan’s government would allow the State Bank of Pakistan (SBP) to introduce digital currency and manage the country’s money in both physical and digital forms.
Hackers Steal $129M in Crypto in October
The month of October saw various security incidents in the cryptocurrency world, such as exit scams, flash loan attacks, and exploits, resulting in a total of $129.6 million in losses.
