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Japan to reduce crypto tax burden with planned uniform rate of 20% to boost local BTC traders

Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% levy that would bring digital assets in line with stocks and investment trusts, according to Nikkei. The change marks the country’s most significant policy update for the sector in years and reflects a growing view among regulators that crypto has

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Ethereum Fusaka Upgrade, Grayscale Chainlink Trust: The Crypto Week Ahead

Ethereum developers are preparing for the second network upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades performed simultaneously on the consensus and execution layers of Ethereum. The goal of the upgrade is to enable Ethereum to

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HashKey dominates Hong Kong crypto market as losses deepen ahead of IPO

HashKey has become Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company is paying a lot for the position. According to filings with the Hong Kong Stock Exchange on Monday, HashKey processed a trading volume of 638.4 billion Hong Kong dollars (about $82 billion) in 2024, about double the previous year,

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Bitcoin Bear Market Confirmed, Ether Sees Death Cross

This is a technical analysis article written by CoinDesk Analyst and Certified Market Technician Omkar Godbole. A widely watched momentum indicator flashed red, a warning that signaled the start of extended bitcoin trading. BTC$86,208.30 slowdowns in every major cycle since 2012. This indicator is the moving average convergence divergence (MACD) histogram of the monthly chart.

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BTC, XRP, ETH and ADA Plunge as Bitcoin Drop Liquidates $500 Million

Crypto markets were hit by a new wave of forced liquidations early Monday, as nearly $646 million in leveraged positions were wiped out on major exchanges, adding to the month’s bruising close and extending losses in bitcoin, ether and large-cap altcoins. Data from Coinglass shows that long positions accounted for almost 90% of the total,

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Dogecoin Falls 9% Amid Bitcoin Weakness. Is a bigger landfill coming?

Dogecoin plunged nearly 8% after collapsing from its most important support level, triggering a wave of high-volume liquidation that eclipsed moderate ETF inflows and sent memecoin to new monthly lows. • DOGE ETFs from Grayscale and Bitwise only generated $2.16 million in inflows in first week• The launch of the ETF was expected to attract

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China to step up crackdown on virtual currencies, including stablecoins: report

Mainland China has reiterated its anti-crypto stance, pledging to step up its crackdown on speculation in virtual currencies, according to a report from China Daily. Virtual currencies do not have the legal status of fiat money and cannot be used as money on markets. All related activities are considered illegal financial operations, officials from the

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