With the highly successful introduction of spot bitcoin exchange-traded funds, the U.S. crypto regulatory situation looking much rosier now that former President Donald Trump has been elected for a second term, and the bullish price action, it’s undeniable that 2024 was a big year for crypto. But things could get even crazier in 2025, according […]
CoinDesk 20 Performance Update: RENDER Climbs 13.5% as All Assets Trade Higher
<a href=”httpss://www.coindesk.com/indices/” target=”_blank”>CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href=”httpss://www.coindesk.com/indices/cd20/” target=”_blank”>CoinDesk 20 Index</a>. The CoinDesk 20 is currently trading at 3744.31, up 5.2% (+185.86) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: RENDER (+13.5%) and ETC (+11.3%). Laggards: BTC (+2.4%) […]
Italy Set to Scale Back Planned Tax Hike on Crypto Capital Gains: Reuters
Italy is set to trim its planned tax increase on crypto capital gains, <a href=”httpss://www.reuters.com/markets/currencies/italy-scale-back-tax-hike-cryptocurrency-capital-gains-lawmakers-say-2024-12-10/” target=”_blank”>Reuters reported on Tuesday</a>. Two months ago, the government was intent on raising the tax <a href=”httpss://www.coindesk.com/policy/2024/10/16/italy-to-raise-capital-gains-tax-on-crypto-to-42-from-26-reports” target=”_blank”>to 42% from 26%</a> by the end of December. “The tax increase will be significantly reduced during the parliamentary work,” lawmakers Giulio Centemero […]
Magic Eden’s $5B Token Airdrop Raises Crypto Wallet Security Questions
Early traders of NFT marketplace Magic Eden’s new token ME had a lot to be thankful for – if they could access their airdrops, that is. In the first minutes of trading Tuesday, the token’s fully diluted valuation hit $15 billion. But as more claimants managed to process their airdrops – and in some lucky […]
El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry
El Salvador and Argentina are partnering to help develop the crypto industry in Latin America. Juan Carlos Reyes, El Salvador’s top crypto regulator and president of the Comisión Nacional de Activos Digitales (CNAD), and Roberto Silva, the president of the Comisión Nacional de Valores of Argentina (CNV), on Tuesday signed an agreement for the two […]
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