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Brazil’s 1st Solana ETF: Here’s How it Changes the Game for Altcoins Ready to Skyrocket
Brazil’s approval of the first Solana (SOL) spot ETF is a game-changer, particularly for altcoins on Solana-based Ecosystem. In the article we will describe how Solana (SOL), Dodgwifhat (WIF), Minotaurus (MTAUR), and Popcat (POPCAT) could potentially leverage this development. We will also try to figure out which of the coins has the biggest upside potential in today’s market in view of recent events. Solana (SOL) Momentum Grows with ETF Approval and Market Recovery Solana (SOL) surged 6% to about $158 after Brazil approved its first Solana-based ETF, marking a significant advance in crypto ETF adoption. Analysts predict that the ETF...
Ethereum large holders move $2 billion in two hours
Meanwhile, spot Ethereum ETFs see nearly $100 million in inflows, second-largest since launch. Key Takeaways Dormant ETH addresses linked to PlusToken moved $2 billion after three years. Spot Ethereum ETFs saw $100 million inflows, the second-largest since launch. Large Ethereum (ETH) holders moved 820,000 ETH in the past 24 hours, equivalent to over $2 billion. As reported by the user Lookonchain on X (formerly Twitter), market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from the liquid staking protocol Lido. Notably, ETH addresses dormant for over three years moved $2 billion in ETH two hours...
Czech Republic to Exempt Long-Term Bitcoin Holdings from Capital Gains Tax Starting 2025
Starting January 1, 2025, long-term crypto holdings in the Czech Republic held for over three years will be exempt from capital gains tax. The law aligns with the EU’s MiCA framework and applies rules similar to securities, incentivising long-term investments but raising concerns over unclear guidelines. Despite concerns, the unanimous approval showcases the Czech Republic’s support for crypto innovation, joining nations like Switzerland and UAE in favourable crypto taxation. The Czech Republic has introduced a new tax exemption law stating that crypto transactions can be excluded from personal taxation as long as they do not exceed CZK 100,000, which is...
