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Showing posts from December, 2024

France Proposes Tax on Unrealized Bitcoin Gains

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France Proposes Tax on Unrealized Bitcoin Gains A plan to tax unrealized capital gains from cryptocurrencies, such as Bitcoin, is being considered by French lawmakers, which might change the country's taxation strategy for digital assets. According to this plan, cryptocurrencies would be considered "non-productive property," similar to luxury goods like yachts or inactive real estate, and would be subject to a "unproductive wealth tax," which would take the place of the current real estate we... cryptonews

US Government’s Bitcoin Sale Sparks Criticism: A ‘Strategic Mistake’

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US Government’s Bitcoin Sale Sparks Criticism: A ‘Strategic Mistake’ The United States government’s recent transfer of approximately $1.9 billion worth of Bitcoin to Coinbase has drawn sharp criticism from cryptocurrency executives and analysts, who see the move as a misstep in handling a strategically valuable asset. Jason Lowery, a United States Space Force major and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, called the decision a “huge strategic... cryptonews

Upcoming economic events 4 December 2024

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Upcoming economic events 4 December 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsGDP (QoQ) (Q3)0.5%0.2%00:302 pointsGDP (YoY) (Q3)1.1%1.0%00:302 pointsau Jibun Bank Japan Services PMI (Nov)50.249.701:452 pointsCaixin Services PMI (Nov)52.552.009:002 pointsHCOB Eurozone Composite PMI (Nov)48.150.009:002 pointsHCOB Eurozone Services PMI (Nov)49.251.613:153 pointsADP Nonfarm Employment Change (Nov)166K233K13:302 pointsECB President Lagarde Speaks-----------------... Coinatory crypto news

Vitalik Buterin Outlines Key Features for Next-Gen Ethereum Wallets

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Vitalik Buterin Outlines Key Features for Next-Gen Ethereum Wallets Vitalik Buterin, a co-founder of Ethereum, has laid out a thorough plan for how Ethereum wallets will develop in the future. Buterin outlined five crucial areas for developers to concentrate on in a blog post on December 3rd: artificial intelligence, light client consensus, security, privacy, and user experience. Buterin underlined how crucial it is to make wallet operations simpler, especially for Ethereum's layer-2 networks. Among the simpl... Coinatory cryptocurrency news

Trump Expected to Announce New SEC Chair as Early as Tomorrow

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Trump Expected to Announce New SEC Chair as Early as Tomorrow President-elect Donald Trump is poised to reveal his choice for the next SEC Chair, potentially as early as tomorrow, according to a report from FOX Business journalist Eleanor Terrett. The transition team is actively evaluating candidates to lead the agency following the departure of Gary Gensler, whose term concludes on January 20, 2025. Paul Atkins Emerges as Front-Runner in SEC Chair Race Market sentiment, particularly from prediction ... crypto news today

Rainbow Swap Airdrop on Telegram: $1.5M Prize Pool

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Rainbow Swap Airdrop on Telegram: $1.5M Prize Pool Rainbow swap Airdrop is a powerful tool on the TON blockchain designed to help users get the best possible rates for token swaps. By comparing and selecting the most efficient routes across multiple decentralized exchanges, it optimizes transactions for maximum value. Instead of a direct token-to-token swap, Rainbow swap can split transactions across various pools or intermediary tokens to secure the best price. This saves users time and ensu... Coinatory cryptocurrency news

Coinbase Integrates Apple Pay for Seamless Crypto Purchases

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Coinbase Integrates Apple Pay for Seamless Crypto Purchases Coinbase's Onramp platform now supports Apple Pay, greatly simplifying the process of converting fiat money into cryptocurrency. By facilitating quicker, easier transactions using a reliable payment mechanism that millions of iPhone users are accustomed to, this integration seeks to address long-standing issues with crypto onboarding. Apple Pay is now supported by Onramp, a framework created for developers to incorporate cryptocurrency buyin... cryptocurrency news today

DWF Labs Announces Relocation of Headquarters to Abu Dhabi

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DWF Labs Announces Relocation of Headquarters to Abu Dhabi DWF Labs, a crypto venture capital company, will move its main office to Abu Dhabi as part of its efforts to establish ‘a strong presence in the Middle East’, according to its co-founder. Co-founder of DWF Labs, Andrei Grachev, announced through an X post that the crypto venture capital firm will relocate its headquarters from Singapore to Abu Dhabi. The reason for this move is their desire to expand the firm’s operations further into the Mid... Coinatory cryptonews

Upcoming economic events 3 December 2024

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Upcoming economic events 3 December 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsCurrent Account (Q3)-10.3B-10.7B03:352 points10-Year JGB Auction---------1.000%15:003 pointsJOLTS Job Openings (Oct)7.490M7.443M21:302 pointsAPI Weekly Crude Oil Stock----------5.935M Summary of Upcoming Economic Events on December 3, 2024 Australia Current Account (Q3) (00:30 UTC): Forecast: -10.3B, Previous: -10.7B. Measures the difference between exports and imports of ... cryptocurrency news

Japan’s Metaplanet Rewards Shareholders with Bitcoin

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Japan’s Metaplanet Rewards Shareholders with Bitcoin Tokyo-listed Metaplanet has launched an innovative shareholder rewards program, leveraging Bitcoin to enhance shareholder value and promote cryptocurrency adoption. Through a collaboration with SBI VC Trade, a subsidiary of SBI Holdings, the company plans to distribute Bitcoin rewards via a lottery system. Details of the Bitcoin Rewards Program To qualify, shareholders must own at least 100 shares by December 31, 2024. Additionally, new ac... Japan’s Metaplanet Rewards Shareholders with Bitcoin

SynFutures Launchpool on Bybit: Stake MNT or USDT

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SynFutures Launchpool on Bybit: Stake MNT or USDT Bybit Launchpool is excited to present SynFutures (F)! Stake your MNT or USDT to claim your share of 20,000,000 F tokens—completely free! Event Period: Dec 2, 2024, 10:00 AM UTC – Dec 5, 2024, 10:00 AM UTC Step-by-Step Guide: If you don’t have a Bybit account. You can register here Go to website Stake your assets (USDT or MNT ) Also you can open your Bybit app -> Find “Launchpool” -> Stake your assets How By... cryptocurrency news today

Hong Kong Bitcoin Spot ETFs Break Record with $154M Monthly Trading Volume

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Hong Kong Bitcoin Spot ETFs Break Record with $154M Monthly Trading Volume Hong Kong's Bitcoin spot ETFs set a new benchmark for monthly trading volume in November, reaching an impressive $154 million on the Hong Kong Stock Exchange. This milestone marks a significant achievement in the region's cryptocurrency market, as Bitcoin ETFs continue to gain traction just months after their introduction. According to data from the Hong Kong Stock Exchange, the combined trading volume of three Bitcoin spot ETFs in November t... Coinatory cryptocurrencies news

Shiba Inu Soars 17% Amid Token Burn Surge

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Shiba Inu Soars 17% Amid Token Burn Surge Shiba Inu (SHIB), the popular dog-themed cryptocurrency, surged 17.7% in a single day and has climbed 30% over the past week, marking its strongest performance since April 1. Analysts attribute the rally to a remarkable spike in its token burn rate—soaring over 7,400%—and the corresponding reduction in its circulating supply. Analysts Eye Higher Gains Prominent crypto analyst Ali Martinez recently projected SHIB could hit $0.000037, repres... crypto news today

Upcoming economic events 2 December 2024

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Upcoming economic events 2 December 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsBuilding Approvals (MoM) (Oct)1.2%4.4%00:302 pointsCompany Gross Operating Profits (QoQ) (Q3)0.6%-5.3%01:302 pointsRetail Sales (MoM) (Oct)0.4%0.1%01:452 pointsCaixin Manufacturing PMI (Nov)50.650.309:002 pointsHCOB Eurozone Manufacturing PMI (Nov)45.246.010:002 pointsECB President Lagarde Speaks------------------10:002 pointsUnemployment Rate (Oct)6.3%6.3%14:453 pointsS&P Glo... cryptocurrency news

SEC Sues Touzi Capital for Allegedly Defrauding Over 1,200 Crypto Investors

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SEC Sues Touzi Capital for Allegedly Defrauding Over 1,200 Crypto Investors SEC Takes Legal Action Against Touzi Capital Over Investor Fraud The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital, alleging that the investment firm defrauded over 1,200 investors by misrepresenting the purpose and risks of its crypto asset mining fund. According to the SEC, Touzi Capital raised approximately $95 million through securities offerings under false pretenses. Allegations of Misreprese... cryptocurrency news today

Trump and Jamie Dimon: Secret Meetings

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Trump and Jamie Dimon: Secret Meetings Reports of U.S. President-elect Donald Trump engaging in private discussions with JPMorgan Chase CEO Jamie Dimon are fueling speculation over the bank’s potential sway in shaping White House policies. Sources close to the matter claim that Trump has sought Dimon’s informal counsel on key issues like tax reform, trade, and federal spending, with Dimon reportedly serving as a “sounding board” for policy ideas. These revelations, originally repo... Coinatory crypto news