[ad_1] Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni’s government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just 28%”. According to multiple reports, the League, a member of Meloni’s coalition, has recommended an amendment to the tax rate. This amendment aims to balance the country’s revenue generation and the policy of attracting local and international investors. Italy’s current levy is 26%. Tax Hike On Crypto – A Plan…
Author: dfrancis36
[ad_1] A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart. An ascending channel is typically seen as a bullish structure as it suggests that an asset is printing higher highs and higher lows. According to Martinez, Dogecoin looks to be gearing up for fireworks after respecting the diagonal support of the channel. “A test of the…
[ad_1] Este artículo también está disponible en español. Chainlink (LINK) has seen a whirlwind of price activity, surging 50% before experiencing a sharp 15% retracement within 10 days. This volatility showcases the potential and unpredictability surrounding LINK’s recent price action, drawing attention from analysts and investors alike. According to crypto analyst Ali Martinez, there’s a notable trend unfolding beneath the surface: Chainlink whales have been steadily accumulating LINK over the past two months. This accumulation by large holders suggests a growing conviction in LINK’s long-term value, reinforcing a bullish outlook for the asset. Related Reading Martinez’s data underscores this trend,…
[ad_1] Bitcoin reached a new all-time high yesterday at $90,243, fueled by a week of intense buying pressure. This latest surge has sparked excitement across the crypto market, with many speculating that the next target could be even higher. However, as BTC approaches this milestone, we may see a brief consolidation phase before the next upward push. Key data from Glassnode reveals a surprising insight: long-term holders show no signs of extreme greed or aggressive profit-taking despite the rapid price appreciation. This cautious optimism among long-term holders suggests that they see this rally as the start, not the peak, of…
[ad_1] Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin’s early footsteps. Peter Brandt’s Observations On Dogecoin Price Chart Patterns Recent interest in Dogecoin in the past 30 days has brought its price action to the forefront of the trading analysts. The majority of these analysts have highlighted many technical indicators and trading patterns that point to a continued Dogecoin price…
[ad_1] Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company’s on-chain money market fund, across five new blockchains. According to an announcement by real-world asset tokenizing firm Securitize, BlackRock’s brokerage partner, BUIDL will be expanding to layer-1 blockchains Aptos (APT) and Avalanche (AVAX) as well as layer-2 scaling solutions Arbitrum (ARB), Optimism (OP), and Polygon (POL). As stated by Securitize chief executive and co-founder Carlos Domingo, “We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization. Real-world asset tokenization is scaling, and we’re excited…
[ad_1] Este artículo también está disponible en español. Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism. Related Reading SHIB’s ascent, presently valued at $0.00002803, is gathering traction, drawing the interest of both retail and institutional investors. In the past 24 hours, SHIB’s trading volume reached $5.69 billion, clearly indicating market awareness. This behavior indicates that SHIB may be preparing…
[ad_1] A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5. The bullish expert predictions for these cryptocurrencies present an opportunity for profit, but investors are focusing on ETFSwap (ETFS) for its higher profit margin and low-risk presale entry. ETFSwap (ETFS) Could Rise To $5 To Lead Other Market Prospects The $5 projection for ETFSwap (ETFS) beat the Dogecoin and XRP price predictions, and investors…
[ad_1] Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP. These four tokens will join other popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Aaave (AAVE). As stated by Johann Kerbrat, vice president and general manager of Robinhood Crypto, “We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering. With…
[ad_1] Este artículo también está disponible en español. The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses very soon. Particularly, Dogecoin is still on track to close the month at a very long bullish candle. Notably, crypto analyst Trader Tardigrade highlighted this phenomenon for the Dogecoin price on social media platform X. As pointed out by the analyst, Dogecoin is on track to close November above the previous…