Brazilian Government Mulls Taxing Stablecoins Remittances as Foreign Currency Flows
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The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and international payments using these instruments. The news comes as the Central Bank of Brazil will start treating these as foreign currency starting in February. Report: Brazil Mulls Applying Taxes to International Stablecoin Flows The Facts […]

Bitcoin ETFs Face Near-Record Outflows With $903 Million Exit
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Bitcoin ETFs suffered their second-largest outflow in history, while ether funds extended their losing streak to eight days. Solana ETFs once again delivered strong inflows, providing the day’s lone bright spot. Solana Stays Green as Massive Bitcoin Outflows Hit Market Some days test the conviction of even the most resilient investors, and Thursday, Nov. 20, […]

Bitcoin Heading to $73K? Max Pain Point Frames Potential Bottom Within Wider Range
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Bitcoin’s push into the $73,000–$84,000 reset range tied to Strategy and Blackrock’s Ishares Bitcoin Trust (IBIT) is concentrating pressure that could flush out sellers and fortify institutional positioning, according to an expert, setting up a stronger base. Bitcoin’s Max-Pain Reset Zone Takes Center Stage Max pain now defines the pressure shaping bitcoin’s next major inflection […]

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