「Buddy」 reopened a long position on BTC half an hour ago, with a total account position value of $18.63 million in the long position.
On November 26th, according to on-chain analyst Ai Yee (@ai_9684xtpa), "Buddy" opened another long position in BTC half an hour ago and is currently holding 9 BTC ($788,000).
As of now, he holds a total of three long positions with a total value of $18.63 million (having just added ETH and HYPE positions), and has a floating profit of $537,000:
· ETH: Holding 4750 coins ($14.07 million), with an entry price of $2886.4.
· HYPE: Holding 110,000 coins ($3.77 million), with an entry price of $32.71.
· BTC: Holding 9 coins ($790,000), with an entry price of $87,895.5.
3 minutes ago
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
3 minutes ago
Russia is ready to abandon the requirement for cryptocurrency investors to have "high qualifications".
November 26th. According to Cryptopolitan, Ivan Chebeskov, the Deputy Minister of Finance of Russia, disclosed that the Russian Ministry of Finance and the Central Bank are planning to abolish strict regulations that currently only permit "highly qualified" investors to participate in the cryptocurrency market. They aim to establish a layered access mechanism to expand the scope of legitimate investors. Current regulations require individual investors to hold at least 100 million rubles in bank deposits and securities and to demonstrate an income of over 50 million rubles in the past year to obtain "highly qualified" certification. Chebeskov stated that regulators have reached a basic consensus on easing restrictions and will set differentiated access standards for non-qualified, qualified, and highly qualified investors in the future.
Although the country's central bank still opposes the free circulation of cryptocurrency within its borders, it has gradually relaxed its policies this
3 minutes ago
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
3 minutes ago
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.
3 minutes ago
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
3 minutes ago
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