cade1 (cade1)

As the global cryptocurrency market continues to evolve, Italy's decision may influence other countries considering similar regulatory measures. By setting a precedent with its tax policy, Italy could pave the way for more standardized approaches to cryptocurrency taxation across Europe and beyond. This development underscores the importance of regulatory clarity in fostering a healthy and sustainable digital asset ecosystem.

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On Nov 10, 2024, 11:59 AM (UTC), according to Binance Market Data, Bitcoin (BTC) crossed the 80,000 USDT benchmark and is now trading at 80,000 USDT, with a narrowed 4.60% increase in 24 hours. #BTC

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According to CoinDesk, the CoinDesk 20 Index has shown a positive trend, currently trading at 2337.84, marking a 1.3% increase from the previous day's close. This index, which is a comprehensive measure of the cryptocurrency market, reflects the performance of 20 major digital assets across various platforms worldwide.

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As of the time of reporting, the top three cryptocurrencies in terms of real-time gains were EMT, LAIKA, and ATH. Meanwhile, the top three cryptocurrencies in terms of transaction volume were BTC, SOL, and PEPE.

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Wintermute and GSR have reportedly begun testing ZRO deposits on trading platforms. This move signifies the active involvement of these market makers in LayerZero's operations and their readiness to facilitate transactions involving ZRO, LayerZero's native token.

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According to Odaily, the European Banking Authority (EBA) has announced plans to release a final report on the regulation of stablecoin issuers by the end of this month. Major stablecoin issuers such as Tether and Circle are expected to face stringent regulation from the European Union (EU) soon.

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Dune Catalyst is a significant step forward for the platform, as it aims to expand its capabilities and reach. The integration of more chains will enable Dune to offer a broader range of services and cater to a wider audience.

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