News

U.S. stocks fell on Friday, with the S&P 500 dropping 1.3%, marking its worst day since before the presidential election. The Dow Jones Industrial Average lost 305 points (0.7%), and the Nasdaq composite slid 2.2%. The market’s decline was partly driven by concerns over vaccine manufacturers after President-elect Donald Trump suggested Robert F. Kennedy Jr., […]

Coinbase has launched the COIN50 Index, designed to track the performance of the 50 largest cryptocurrencies by market capitalization. The index aims to serve as a broad benchmark for the crypto market, similar to the S&P 500 in traditional finance, providing an overview of the sector’s overall performance. The COIN50 will include cryptocurrencies selected based […]

Italy is set to reduce its proposed cryptocurrency tax from 42% to 28%, aiming to foster a more favorable environment for crypto investors. This adjustment follows concerns from industry representatives that the original 42% tax rate would discourage investment and make Italy less competitive in the crypto sector. Prime Minister Giorgia Meloni’s coalition government, particularly […]