Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.
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Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption
While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July…

Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’
A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth. 2758 Total views 18 Total shares Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC's "Chartmaster."In an appearance on the network's…

Singapore Exchange uses blockchain to issue $300m digital bond
DAML smart contract language is now used for digital bonds. Singapore Exchange (SGX), a major investment holding company in Singapore, has issued its first digital bond powered by blockchain technology.As officially announced on Sept. 1, SGX deployed its digital asset issuance platform to conduct a 400 million Singapore dollar ($294 million) 5.5-year public bond issuance…

Decentralized storage providers power the Web3 economy, but adoption still underway
The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest…

Tezos blockchain notes power savings after PoS switch: PwC report
The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network. 694 Total views 17 Total shares Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from…

Trustless bridges may be the key to blockchain interoperability
Crypto and blockchain enthusiasts take pride in belonging to a community that is working on the future of financial systems. Yet, the community is innately fragmented thanks to multiple blockchains working independently of each other. The dream of mass adoption of blockchain and decentralized finance faces a major hurdle: a lack of interoperability.Meanwhile, decentralized applications…

Launch a Crypto Exchange in 30 Days: German Firm Offers White-Label Products for Startups
A company says it is combining the power of IT and marketing to deliver high-security, functional and profitable pieces of software that not only work flawlessly, but also sell.CPI emphasizes its software is scalable and geared toward the finance and blockchain industries. The firm offers white-label products that allow businesses to achieve their financial goals…

BTC price sets new 19-month high in 'choreographed' Bitcoin whale move
Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation.BTC/USD 1-hour chart. Source: TradingViewAnalysis: New Bitcoin bids not "organic"Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound taking BTC/USD to highs of $42,498 on Bitstamp.These beat the 19-month peak set the day prior, with retracements being short