Cryptocurrency Taxes in the EU: Where to Get the Best Rates? Italy is planning to raise its cryptocurrency tax from 26% to 42%, putting it among the countries with the highest rates in the EU. The most favorable conditions in Europe for crypto investors are in Slovakia, Bulgaria, Greece, Hungary, and Lithuania: they have the lowest taxes on cryptocurrencies, according to Protos. In contrast, Luxembourg, Denmark, Finland, the Netherlands, Germany, and Ireland require some of the highest rates. Keep in mind that rates can change, and in some countries taxes apply separately to trading, mining, and other types of operations.
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Warner Bros. Discovery (NYSE: WBD) reported a surprising turnaround in its third-quarter financial results, posting earnings that beat Wall Street expectations. The entertainment giant posted earnings of $0.05 per share, a significant rebound from a loss of $0.17 per share in the prior-year period and a stark contrast to analysts’ expectations for a loss of $0.24 per share. Despite the earnings beat, WBD’s revenue missed expectations, falling 3% to $9.6 billion versus the $10.3 billion expected. The TV Networks segment was a notable contributor to revenue, rising 3% to $5.01 billion, largely due to the sublicensing of Olympic sports rights across Europe. In its quest to strengthen its presence in the streaming space, WBD's Max platform has been a critical growth driver, achieving its strongest quarterly subscriber growth since its inception.
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A crypto strategist who accurately called the pre-halving Bitcoin correction this year believes BTC is undergoing a technically sound breakout process. Pseudonymous analyst Rekt Capital tells his 507,000 followers on the social media platform X that Bitcoin is in the process of flipping a key resistance level into support. “The old downtrend is now acting as support. Looks like textbook post-breakout confirmation.” Waiting😀 😀
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