XRP's price rose over 50% in the past week, reaching $1.51, outperforming Bitcoin's 23.6% gain. However, in Germany, XRP gains are tax-free only if held for more than one year. Most investors with real gains bought XRP less than a year ago, meaning their profits are subject to personal income tax rates up to 45%. The article explains the tax implications, including holding periods, FIFO rules, exemption limits, and record-keeping requirements. Investors must weigh the tax savings against price risks when deciding to sell or hold XRP.
XRP experienced a strong price surge to around $1.70 before pulling back to about $1.49, supported by increased trading volume. The rally pushed XRP above major moving averages, notably clearing the long-term resistance at $1.35, which is now a criti...
XRP's circulating supply increased by 5.5% year-over-year due to escrow releases, causing dilution that fee burns cannot offset, according to 21Shares. Meanwhile, revenue from the XRP Ledger (XRPL) fell sharply by 81.6% to $1.18 million in the first ...
XRP has seen a major rally in South Korea, capturing 32.20% of Upbit's trading volume during a period when the exchange processed about $830 million in just one hour. Upbit's 24-hour turnover reached approximately $3.81 billion, with Bithumb also rep...
Ripple CEO Brad Garlinghouse announced that U.S. cryptocurrency regulation is approaching a decisive moment following recent meetings at the White House and the Commodity Futures Trading Commission (CFTC). These discussions brought together crypto le...
The U.S. is approaching a critical moment in cryptocurrency regulation with a Senate cloture vote on the CLARITY Act scheduled for September 15. This vote will decide whether the Senate advances debate on the bill, which aims to clarify regulatory ov...
