The city of Lugano unveiled a statue of Satoshi.
"Very cool statue! That is definately him!"
#bitcoin
#Bitcoin ETFs currently purchase 5 times more btc than is mined in one week.
Italy's new 43% tax rate on Bitcoin and other cryptocurrency gains applies to personal income tax for high earners, specifically for those with annual incomes over €50,000. This tax rate is imposed on realized gains, meaning it is applied to profits made from selling or trading cryptocurrency rather than on unrealized gains, which would refer to holding crypto without selling it.
The general approach for crypto taxes in Italy involves a 26% tax on all crypto gains over €2,000, which is categorized as "miscellaneous income." For high-income individuals, if crypto transactions are deemed part of their professional income, the progressive income tax rates, which go up to 43%, would apply.
However, Denmark is planning to implement a tax on unrealized cryptocurrency gains. This tax, set at 42%, would be applied annually based on the market value of cryptocurrency holdings, regardless of whether the assets have been sold. The new rules are expected to be introduced by 2025, with implementation deferred to January 1, 2026, to allow investors and the market time to adjust.
Correct! You never understood statements like this one.
It has been a fantastic year for #bitcoin dominance leaving bargain bin immitations in the dust.
🇺🇸 Emory University of Atlanta Georgia 🇺🇸 disclosed in SEC filings that it owns over $15 million in Grayscale’s mini Bitcoin ETF, making it the first university to buy #bitcoin.
Michael Saylor told Microsoft CEO, Satya Nadella, he can help them adopt a #Bitcoin Strategy!
"This being of course only if the initiative is not voted out by shareholders."
MicroStrategy has overtaken Microsoft in all-time stock gains.
Japan's 🇯🇵 Metaplanet 🇯🇵 has adopted "BTC Yield", a tool created by MicroStrategy.
BTC Yield calculates the percentage change in the ratio of Bitcoin holdings to fully diluted shares.
Botanix Labs has announced that its Bitcoin Layer 2 network, Spiderchain, will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) to connect Chainlink’s oracles to Bitcoin, bringing real-world data feeds to the Bitcoin network.
"It's exciting to see Chainlink's impressive data aggregation coming to Bitcoin! However, it's unfortunate that Chainlink's native token is ERC-677 on Ethereum, and is secured by a small group of people with a 4/8 multisig."
The PA House passed HB-2481, protecting Bitcoin self-custody, tax exemptions, and node operation. Backed by Satoshi Action Fund, it’s a major step for Bitcoin.
🇺🇸 The state of Pennsylvania has passed ‘#Bitcoin Rights’ in the House by a sweeping majority 🇺🇸 The bill has bipartisan support.
🇮🇹 The official text of the 2025 Budget Law, signed by the President of Italy, has been presented. 🇮🇹
#bitcoin capital gains tax specifically set to 42%.
"Oh-Oh, spaghettio!"
Solo miner just mined a block worth 3.329 #bitcoin worth U. S. $222,455.
"Warm feeling! 🙂"
Microsoft shareholders will be voting this December to decide if #bitcoin should be held on the balance sheet.
Saylor’s comments on big bank #bitcoin custody are ‘batshit insane’ — Vitalik Buterin
Tesla has revealed that it did not sell any #bitcoin in Q3 of 2024.
Opinion:
We can thank the many deep thinkers which have been beneficial for #bitcoin throughout history. It should be no surprise that Michael Saylor is more of a Larry Fink than a Jeff Booth. Look at the game he is playing.
"Bitcoin does not need Saylor."
"Bitcoin does not need Fink."
"Bitcoin does not need Elon."
"Bitcoin does not need Trump!"
"It does not even need a founder!"
The key feature of #bitcoin is that, overall, it does not care about what god-complex financial entities do or say.
Stack Sats > Self-Custody > Boating Accident
Let's go!
Michael Saylor responds to controversy over his stance on the self custody of #bitcoin.
🇺🇸 The U.S. National Debt 🇺🇸 has increased by $473 billion over the last three weeks.
It is now $35.8 trillion.