Spain Aims to Increase Tax Burden on Cryptocurrency Gains through Legal Amendment
On November 26th, as reported by Criptonoticias, the parliamentary group Sumar in Spain submitted a bill amendment to the Congress with the aim of modifying three tax laws in the country related to cryptocurrency. The amendment encompasses the following: alterations to Law No. 58 of 2003 on General Taxation, specifically regarding statutes of limitations, tax collection, mutual assistance, and information disclosure obligations; modifications to Law No. 35 of 2006 on Personal Income Tax, where income from crypto assets not regarded as financial instruments will be taxed at the general income tax base rate (currently up to 47%) instead of the current savings tax base rate (up to 30%); changes to Law No. 29 of 1987 on Inheritance and Gift Tax, which will incorporate all crypto assets into the seizable asset scope, expanding the application of the existing rules (previously only applicable to crypto assets regulated by the EU MiCA); crypto asset gains will be subject to a 30% corporate in
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Greeks.live: Short-Term Bottom Formed Based on Overall Options Data, but Volatility Expectations Remain Elevated
On November 26th, the researcher Adam of Greek.live posted on social media and stated, "In the third quarter, we noticed that the options market was extremely optimistic about the fourth quarter. Even in late August when the Bitcoin price was continuously declining, the fourth-quarter options positions still showed a bullish trend. At that time, we referred to it as the Q4 market or the Christmas market. However, the sharp drop in October and the continuous decline in November have broken the previous market structure. In the current market environment, the voices expecting a new high in prices in the fourth quarter have completely disappeared, and a bearish sentiment is prevailing."
Despite the decline in RV, IV, and 25D Skew this week, the market's panic has not subsided, and the medium- to long-term option data from the end of the year to the early next year still indicates bearishness. As we approach the monthly expiration, there has been significant demand from whales for positio
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Bitunix Analyst: Core PCE to Remain Elevated or Entrench Higher, December Rate War Clouds Gather
November 26th: The most recent PPI and CPI data indicate that in the United States, the September core PCE is projected to increase by 0.2% on a monthly basis and decline to 2.8% year-on-year, which is only a slight reduction from the previous month. Although energy and food costs have led to an increase in wholesale prices, multiple key items covered by PCE may maintain core inflation at a similar level in recent months, becoming the final inflation assessment available to the Fed prior to the December meeting. It is widely held that policymakers will engage in a heated debate between "the third rate cut" and "maintaining the rate".
On the political front, Trump has fully intervened in the midterm elections 18 months in advance, vigorously promoting tax reduction policies and calling on Republican candidates to focus on the "affordability" issue in order to counter the decline in approval ratings caused by the pressure of living costs. His strategic layout is regarded as simultaneous
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In the past 5 hours, WLFI has spent $7.79 million to buy 46.56 million WLFI.
On November 26th, as per the monitoring of LookOnChain, within the past 5 hours, WLFI expended $7.79 million to acquire 46.56 million WLFI tokens, and the average price per token was $0.1674.
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Visa Emerges as Leading Crypto Card Issuer with $3.65 Billion Monthly Transaction Volume
On November 26th, Analyst @obchakevich_ posted on the X platform that as a cryptocurrency card issuer, Visa holds a dominant position with a monthly transaction volume of $365 million. The analysis selected 13 representative cryptocurrency cards and reached conclusions by computing their on-chain transfer volume, card top-ups, payments, and card service in-app payment data. Among the 13 projects, Visa-related projects accounted for as many as 10, while Mastercard only had 3. The growth in Visa's transfer volume is mainly driven by three payment projects: Rain Card, RedotPay, and Etherfi Cash, with a total transaction volume of $320 million.
The analyst stated that most projects launching cryptocurrency cards choose Visa because its issuance process is simpler, operating costs are lower, and compliance risks are lower. Although Mastercard is reliable, it has stricter audits and higher fees, resulting in fewer payment projects choosing it. It is worth noting that due to Rain, Visa has a
12 minutes ago
Eric Trump Debunks: Never Made Statement About Ethereum Surpassing $8,000 in the Next 38 Days
On November 26th, Eric Trump, the son of former U.S. President Donald Trump, took to social media to respond to the claim that "Eric Trump believes Ethereum will surpass $8,000 in the next 38 days". He stated, "Please stop spreading these false news stories. Naturally, I would be delighted if that were to occur, but I never made such a statement."
12 minutes ago
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