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Italy approves 26% capital gains tax on cryptocurrencies

The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023. On Dec. 29, 2022, days before...

Australia overtakes El Salvador to become 4th largest crypto ATM hub

El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months. El Salvador, the first...

Here’s how crypto traders are converting worthless NFTs into tax breaks

How cryptocurrency traders are using NFTs to harvest tax losses. Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just...

Cardano price massively discounted — ADA envisioned to moon dramatically in 2023

On-chain data gives compelling reasons why Cardano is trading at a substantially discounted price. Metrics point to ADA being underpriced Cardano is dramatically undervalued compared to Ethereum,...

Bitcoin price to consolidate or retrace even further in 2023: analysis

Bitcoin whales have become net sellers recently, which Santiment believes is an indicator of more price drops. The price of bitcoin took a massive hit...

BMW taps Coinweb and BNB chain for blockchain loyalty program

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the...

Ethereum founder says he hopes Solana gets a ‘chance to thrive’

Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community. Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL)...

MicroStrategy to offer Bitcoin Lightning solutions in 2023

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity. MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin...

Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy. On Dec 29, the state-owned China Academy for Information...

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