In Austria, Bitcoin purchased before February 28, 2021, is considered legacy holding and can be sold tax-free despite the new 27.5% crypto tax introduced in March 2022. This tax advantage applies if the Bitcoin has been held continuously without swaps or lending activities that create new holdings. Documentation proving the original purchase date and transaction history is crucial to maintain tax-free status. Investors with mixed wallets or who have engaged in lending should be cautious, as these can trigger new taxable holdings under current rules.
Pampa Energia reported a 75% year-over-year increase in adjusted EBITDA to $415 million in Q2, fueled by rapid scaling of the Rincón de Aranda project and power generation. The company also benefits from the recent RIGI approval and the $2.7 billion ...
Oil prices remain below recent highs as hopes for a quick U.S.-Iran deal to reopen the Strait of Hormuz fade. Despite Washington signaling progress, Tehran demands conditions before reopening, causing uncertainty. Analysts warn that if the deadlock c...
A U.S. judge dismissed the bribery case against Indian billionaire Gautam Adani, ending his legal troubles in the U.S. The case involved allegations of paying over $250 million in bribes to Indian officials to secure solar energy contracts and mislea...
Pump.fun generated $10.03 million in protocol fees during Aug. 3-9, marking its first week above $10 million. The platform increased trading activity with $2.97 billion volume and used $5.02 million to buy back and burn 2.15 billion PUMP tokens, offs...
Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. ...
