While several countries are imposing heavy taxes on cryptocurrency gains, Hong Kong is easing the burden. Hong Kong plans to propose a tax exemption on cryptocurrency gains for institutional investors. According to a 20-page proposal seen by the Financial Times, the exemptions would extend beyond crypto to include a variety
Bitcoin’s recent attempt to break through the $100K mark faltered, with the cryptocurrency retreating to the $90K range, leaving the market wondering if a second attempt is on the horizon. Despite Bitcoin’s pullback, the buzz surrounding altcoins is growing, as the Altcoin Season Index (ASI) surges. Analysts suggest, If this
The crypto market resumed its bull run in the last 24 hours, much to the joy of investors worldwide. Bitcoin is currently halted at $95.8K and is expected to surge further. However, the altcoin sector has gone full bullish, led by Ethereum, which recorded a 10% surge a few hours
Donald Trump’s victory in the U.S. presidential election earlier this November has ushered in a long-awaited bull market for the crypto industry, driving Bitcoin to new all-time highs. Recently, as Trump nominated several crypto-friendly figures to his cabinet and SEC Chair Gary Gensler resigned, the crypto community has become increasingly
Donald Trump’s post-election narrative isn’t just about politics—it’s making waves in the crypto world. Market intelligence firm Arkham Intel reports that Trump’s cryptocurrency portfolio, worth $6.9 million, has seen significant growth since his November 5 presidential victory, fuelled by a strong market rally. Interestingly, while Bitcoin (BTC) has been a
The crypto market has turned bullish, with a 1.34% increase in total market cap. While Bitcoin still eyes the $100K threshold, it has plunged to $93K. Meanwhile, Ethereum is trading around the $3.4K range and drawing attention to the altcoin market. However, Ripple’s native token, XRP has encountered a brief
American television personality Jim Cramer clarified his stance on cryptocurrency on his latest show. Cramer endorsed owning crypto as a hedge against inflation and mentioned it could save investors from the “government’s busted budget”. Being known for his outspoken and unapologetically opinionated nature on financial topics, his crypto views are
Stellar (XLM) recently captured market attention with a dramatic 90% weekly surge and has encountered a significant downturn. The cryptocurrency plummeted 13% in the past 24 hours, with an 18% drop in trading volume. This sharp correction comes just days after XLM reached a peak of $0.6376, trading now at
President-elect Donald Trump’s forthcoming administration plans to reshape the regulatory framework for cryptocurrencies in the United States by granting the Commodity Futures Trading Commission (CFTC) authority over digital assets, including Bitcoin and Ethereum. If Congress approves, the CFTC’s expanded role will regulate the spot markets for digital commodities and oversee
In this Polygon (MATIC) price prediction 2024, 2025-2030, we will analyze the price patterns of MATIC by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Polygon (MATIC) Current Market Status What is Polygon (MATIC)? Polygon (MATIC) 24H Technicals POLYGON (MATIC)
