Articles for tag: Bitcoin, capital gains tax, crypto tax exemption, cryptocurrency legislation, Czech Republic, Digital Assets, long-term investment

Market News

Altcoin Season Thrives as Bitcoin Plummets Below $100,000: What Investors Need to Know

Solana and Ethereum are highly competitive this month, nearly equal in protocol fees and decentralized exchange (DEX) volumes. Solana has outperformed Ethereum in key metrics over October and November, sparking talk of a potential “flippening” where Solana’s Market cap surpasses Ethereum’s. Despite Bitcoin’s dip below $100,000, the altcoin Market remains strong. Both Solana and Ethereum ...

Market News

Cryptocurrency Market to Increase by USD 34.5 Billion by 2028 Driven by Digital Asset Investments and AI Innovations

The global cryptocurrency Market is set to grow by USD 34.5 billion from 2024 to 2028, with an annual growth rate of 16.64%. This expansion is driven by increasing investments in digital assets and growing acceptance of cryptocurrencies by retailers. Major companies like Starbucks and Tesla are beginning to embrace cryptocurrencies for everyday transactions, enhancing ...

Market News

Hawk Tuah Cryptocurrency Launch Faces Backlash: Understanding the Controversy Surrounding Its Introduction in the Market

Haliey Welch, known as the “Hawk Tuah Girl,” has come under fire after the launch of her cryptocurrency, $HAWK. Following its introduction on the Solana blockchain, the value of the coin dropped dramatically by 95%, raising concerns of a potential “rug pull.” Investors have claimed that they may have fallen victim to manipulation, prompting some ...

Market News

Czech Republic HODLers: Enjoy Zero Capital Gains Tax on Bitcoin from January 2024 for Long-Term Investments

The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...

Market News

MicroStrategy Stock Drops 4.5% as Bitcoin Surges to $100K Milestone: Market Impact Explained

As Bitcoin soared past $100,000, MicroStrategy’s stock saw a decline of 4.5%. The company holds over 402,000 Bitcoins, valued at around $40 billion, but despite Bitcoin’s milestone, investors sold off shares in crypto-related companies like MicroStrategy and Coinbase, which dropped by 3%. MicroStrategy has shifted focus from software to Bitcoin investment, resulting in a nearly ...

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