Update on Italy's crypto tax: proposed 42% tax rate may be reduced to 28% after coalition parties push back. Global trends show relaxing crypto taxes, and Italy may follow suit as it aligns with the EU's MiCA framework. #cryptotax #Italy #MiCA

Crypto market takes a breather after recent gains, with a $70B decline in market cap. Bitcoin's rally pauses at $87,615, while FET drops 18%. Will the market rebound or continue to correct? #cryptomarket #bitcoin #FET

Google Cloud dives deeper into blockchain with new partnerships with BNB Chain and ZetaChain! $10M investment for BNB Chain's MVB Program and validation of ZetaChain's mainnet and testnet. Google Cloud is betting big on blockchain innovation! #blockchain #GoogleCloud

Cathie Wood’s Ark Invest Sees IPO Window For Circle, Kraken Under Trump Administration. Ark Invest is optimistic about a favorable environment for crypto under President-elect Donald Trump, potentially opening IPO opportunities for firms like Circle and Kraken. The asset manager anticipates pro-crypto policies and SEC reforms, which could ease current regulatory constraints on digital assets. Ark’s vision aligns with potential legislation like the FIT21 Act, which would enhance clarity and support for stablecoins and other digital assets. #Crypto #IPO #Circle #Kraken #Trump #ArkInvest

US Seeks to Seize Crypto Account Linked to Sam Bankman-Fried’s China Bribe. US prosecutors seek to seize a crypto account tied to a $40M bribe allegedly authorized by Sam Bankman-Fried to unfreeze Chinese accounts. The account, now worth $18.5M, holds various cryptocurrencies, with Solana's value surging nearly 300% in the past year. Bribery charges were dropped after Bankman-Fried’s fraud conviction; he is serving a 25-year sentence and appealing his case. #FTX #SamBankmanFried #Crypto

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GIGA’s Market Cap Drops Nearly 85% From Massive Selloff. GIGA's market cap plunged from $614.76 million to $92.1 million after a massive selloff, raising suspicions of foul play. A user claimed a malware attack drained their wallets, leading to the sudden selloff. The sale of 85 million GIGA tokens fetched only $2.09 million due to price impact. #GIGA #Crypto #Selloff

Cronos (CRO) Price Surges as Momentum Takes Over the Market. CRO surges 27% in 24 hours and 121% in 30 days, with RSI at 81.77 signaling overbought conditions. CMF drops to 0.14 but remains positive. Resistance at $0.185 looms, with key support at $0.15 and $0.136. #Cronos #CRO #Crypto

Bhutan Government’s Bitcoin Stockpile Surpasses $1 Billion. Bhutan now holds over $1 billion in Bitcoin, boosted by the 2024 price surge. Despite a recent $65 million transfer to Binance, Bhutan continues mining more Bitcoin, aligning with the trend of national Bitcoin reserves. Bhutan joins countries like El Salvador in maintaining sizable Bitcoin holdings, signaling growing state-level Bitcoin adoption. #Bhutan #Bitcoin #Crypto

SUI Price Reaches A New All-Time High as TVL Jumps. SUI's total value locked hits $1.36 billion, reflecting investor confidence and increasing blockchain adoption. Positive BBTrend and EMA alignment indicate strong buying interest and price recovery. If trends continue, SUI could climb further. Key support at $2.21 may prevent deeper corrections if momentum slows. #SUI #Crypto #TVL

Peter Schiff Warns Bitcoin’s Rise Is ‘Biggest Bubble in History’. Schiff calls Bitcoin a "bubble" and predicts catastrophic losses for investors and the economy. He argues Bitcoin and blockchain are "popular delusions" and warns of a severe misallocation of resources. Schiff also dismisses the idea of a US Bitcoin reserve, claiming it would destabilize the economy and devalue the dollar. #Bitcoin #Crypto #PeterSchiff

ENS Labs Unveils Namechain for Scalable Ethereum IDs. ENS Labs launches Namechain, a Layer-2 solution to make Ethereum Name Service (ENS) more scalable, accessible, and cost-effective. Namechain leverages rollup technology to lower gas fees and streamline management of blockchain-based identities. Flexible Layer-2 integration allows ENS nameholders to easily manage identities with enhanced speed, security, and reduced transaction costs. #ENS #Ethereum #Blockchain #Namechain

Why Is the Crypto Market Up Today? The total crypto market cap surges to near $3 trillion, boosting optimism. Bitcoin hits a new all-time high at $89,526, fueled by investor optimism and a large MicroStrategy BTC purchase. Cronos sees a 63% single-day spike, eyeing $0.250 if it holds $0.201 support; failing this could prompt a decline to $0.171. #CryptoMarket #Bitcoin #Cronos

Donald Trump Is Considering Three Pro-crypto Candidates to Replace Gary Gensler. Trump plans to appoint crypto-friendly candidates to key financial agencies, including Hester Peirce, Mark Uyeda, and Paul Atkins. The move signals a shift toward easing regulatory pressure on the US crypto industry. #Trump #Crypto #SEC #Gensler

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3 Cryptocurrencies That Reached All-Time Highs Today — November 10. Bitcoin hits $80,075, NEIRO continues its 94% rally to $0.0028, and SUI surges 58% to $3.01. BTC targets $85,000 with support at $77,175. NEIRO needs to hold $0.0022, while SUI risks retracement to $2.36. #Bitcoin #NEIRO #SUI #Crypto #AllTimeHigh

Shiba Inu’s S.H.I.B. Proposal Could Transform US Economy With New Blockchain Ecosystem. Shytoshi Kusama proposes a "Strategic Hub for Innovation and Blockchain" (S.H.I.B.) to support economic growth and job creation. The initiative aims to provide a collaborative environment for blockchain startups and calls for regulatory clarity, potentially funded through Donald Trump's planned Department of Government Efficiency (DOGE). #ShibaInu #Blockchain #Economy

Ethereum Whales’ Activity Points to New ETH All-Time High, Analyst Says. ETH rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high. LTHs potentially selling increases "Liveliness" but risks price pressure. If ETH flips $3,327 to support, it could rise toward $3,524; failure to hold may prompt a pullback to $2,930. #Ethereum #ETH #Crypto

Charles Hoskinson Pushes Crypto Policy Reform as ADA Jumps 36%. Cardano founder plans to work with the Trump administration to develop clear crypto regulations. Hoskinson's company, Input Output Global, will establish a dedicated policy division. ADA token surges 36%, reflecting renewed investor optimism. #Cardano #ADA #CryptoRegulation

Shiba Inu’s 36% Surge Triggers Golden Cross, But Sellers Step In. SHIB rallies 36% to a five-month high, forming a bullish "Golden Cross" pattern. The Golden Cross boosts investor optimism, but potential profit-taking could pressure SHIB’s price. SHIB targets $0.00002976 resistance; failure to break through could prompt a pullback to $0.00002267. #ShibaInu #SHIB #Crypto