EddieJayonCrypto
18 Oct 24
• Italy plans to raise Bitcoin capital gains tax from 26% to 42%, sparking investor backlash, while the UAE exempts digital asset transactions from its 5% VAT, positioning itself as a crypto-friendly jurisdiction.• SEC files a last-minute appeal in Ripple case, challenging aspects of XRP sales on di...
• Italy plans to raise Bitcoin capital gains tax from 26% to 42%, sparking investor backlash, while the UAE exempts digital asset transactions from its 5% VAT, positioning itself as a crypto-friendly jurisdiction.• SEC files a last-minute appeal in Ripple case, challenging aspects of XRP sales on digital platforms and non-cash transactions, but leaving the ruling on retail sales intact.• $1.62 billion in Bitcoin and Ethereum options set to expire today, potentially causing short-term price volatility as bearish sentiments dominate.• Bitwise CIO predicts Bitcoin will hit six figures next year, citing factors like halving, ETF growth, and potential Fed rate cuts as catalysts.• Radiant Capital teams up with the FBI to recover $50 million stolen in a sophisticated crypto hack, implementing stricter security protocols to prevent future breaches.• Bitcoin mining companies like Hut 8 pivot towards AI integration, repurposing Nvidia GPUs for AI-driven tasks, highlighting a broader tech industry trend.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.