The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for now. Colby Mangels, a former adviser to the Organisation for Economic Co-operation and Development (OECD) and now Taxbit’s global head of government solutions, said the rules prioritize identifiable intermediaries such as…
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Key points: Bitcoin’s break below $84,000 tilts the advantage in favor of the bears, opening the doors for a potential fall to $74,508. Several major altcoins have slipped below their support levels, signaling that the bears are attempting to take charge. Bitcoin (BTC) remains under pressure as sellers attempt to sustain the price below the…
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Bitcoin’s sharp reversal this week has pushed it outside the world’s 10 largest assets by market capitalization, underscoring how difficult price action has been in recent months as markets continue to digest the cryptocurrency industry’s largest forced liquidation on record. Hovering around $83,000 per coin, Bitcoin’s (BTC) market capitalization has slipped to about $1.65 trillion,…
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Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, said local financial regulators are planning to submit a draft framework related to digital assets sometime in 2026. In comments prepared for a Friday policy briefing of the Hong Kong Legislative Council’s Finance Committee, Hui said the Financial Services and the Treasury Bureau…
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Bitcoin’s MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more “undervalued” than at the pit of past bear markets. Bitcoin (BTC) may be “close to the end” of its correction as a classic BTC price metric beats records. Key points: Bitcoin’s MVRV Z-score is at record lows on two-year rolling…
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US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US central bank, setting the stage for a high-stakes Senate confirmation battle. The decision, announced by Trump on his social media platform Truth Social, confirmed Thursday reports that Trump would move ahead…
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Cryptocurrency investment products faced heavy outflows on Thursday as the total crypto market capitalization fell about 6%. Bitcoin (BTC) and Ether (ETH) funds recorded nearly $1 billion in outflows, among the largest of the year so far, according to SoSoValue. Spot Bitcoin exchange-traded funds (ETFs) led the sell-off, shedding $817.9 million, exceeding last Wednesday’s $708.7…
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US Senate leaders and the White House say they have reached a bipartisan framework to avert a partial United States government shutdown, but the agreement still needs to clear key votes in Congress before funding actually expires. Negotiations had stalled over funding for the Department of Homeland Security and immigration enforcement, with the current stopgap…
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A Bitcoin (BTC) metric tracking the electricity cost to mine one coin is flashing a warning for the bulls, with a so-called “miner exodus” adding to the bearish outlook. Key takeaways: BTC could fall toward the $59,000–$74,000 miner cost zone. Big hash rate drops often precede rebounds toward Bitcoin’s energy value at $121,000. Mining data…
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Bitcoin (BTC) has finally slid below a key support level at $84,000, which has held the price since mid-November 2025. Where will BTC price action head next? Key takeaways: Bitcoin dropped to a two-month low of $81,00 on Thursday, fueled by $1.6 billion in long liquidations Some analysts forecast deeper declines in a prolonged bear…
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