New Gemini Custody Wallet Amasses Millions in Altcoins Amid Diverging Market Trends

A recently created Gemini multisig custody wallet, identified as 0xc96, has been accumulating significant quantities of various altcoins over the past two weeks. The wallet, established just 18 days ago, shows impressive holdings, with the latest activity recorded just one day ago. The wallet’s recent withdrawals include: – 42,000 ETH, valued at approximately $103.8 million … Read more

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to … Read more

Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement

After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act, the case centers on GS Partners’ Metacertificates and a multi-level marketing scheme. Investors can now submit claims through a newly established portal, opening in November … Read more