0% capital gains in Europe: it's not just Switzerland and Czechia.
Slovakia, Croatia, and Luxembourg are also in the club.
Here's how each works:
Slovakia: hold listed securities for more than 1 year, sell tax-free. Your broker portfolio qualifies. Your startup shares don't. Crypto gets a reduced 7% rate after a year, not zero.
Croatia: 2-year hold, zero tax. Sell earlier, you pay a flat 12%.
Luxembourg: 6 months is enough if your stake is under 10%.
Switzerland remains the cleanest setup: no holding period at all, as long as you're managing your own wealth and not trading professionally.
NEW: 🥇 Gold + silver lead all major assets since Trump’s re-election, up 50% & 53% in a year, outperforming stocks, #Bitcoin & Nvidia in their strongest post-election rally in decades.
IMO: @tether will go public next and be the second digital bank after @circle reaching approx a $1 trillion valuation.
Today @tether CEO Paolo Ardoino @paoloardoino stated that if Tether were to go public, its valuation would reach $515 billion, making it the 19th largest company in the world—surpassing @Costco and @CocaCola.
IMO: The announcement will come shortly after the Genius Act passes along with the approval of @solana@Ripple@Cardano Spot ETFs.
https://t.co/TdZj5jZJbd
Speculation: Kevin Warsh is a leading contender to replace Jerome Powell as Federal Reserve Chair, with multiple sources indicating he’s a frontrunner for President Donald Trump’s nomination.
Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX.
I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations.
Even with a CEX order book, where orders aren't linked to a specific individual, if you're looking to purchase $1 billion worth of a coin, you generally wouldn't want others to notice your order until it's completed. Otherwise, people might try to buy before you, effectively front-running you. In the case of a DEX, this can lead to MEV attacks. This results in increased slippage, worse prices, and higher costs for you.
For this reason, the large traders in TradFi use dark pools, which are often 10 times bigger than the “lit pools" (ie, normal orderbooks).
For perps (or futures), it is even more important to not let others know/see your orders. If others can see your liquidation point, they could try to push the market to liquidate you. Even if you got a billion dollars, others can gang up on you. This was possibly what we have seen recently.
The counter argument I have seen is that being more transparent allows market makers to absorb your large orders. This is possibly true. I won’t get into an argument on which is right or wrong. Different traders may prefer different types of markets.
Now might be a good opportunity for someone to launch an on-chain dark pool style DEX + perps, either by not showing the orderbook, or even better not showing deposits into smart contracts at all, or until much later. This should be doable with ZK or similar encryptions.
Just a Sunday idea. If you are building such a project, feel free to reach me on https://t.co/ITLXkxVNyN. No guarantees I will invest, or even reply. 🙏
🚨 TODAY: Bitcoin mining company MARA lent out 7,377 #Bitcoin to third parties in 2024 to generate yield, according to a Jan. 3 announcement from the company.
#Bitcoin has broken down an Ascending Channel 🔥
This breakdown was also observed in early 2024; However, no further decline occurred.
$BTC rebounded from the dip, soaring from $38k to $73k in a short period of time 🚀
Could $BTC skyrocket this time again?
#Bitcoin On-balance volume (OBV) reaches ATH on monthly chart 🔥
The chart comparison illustrates the paths of $BTC after the OBV hit its all-time high in 2017.
If history repeats, $BTC will climb even higher in the coming months. 🚀
@Coinbase wins in court, clearing the way to delist wrapped bitcoin (WBTC) 🚫⚖️
-A judge denied Bit Global's request to block WBTC delisting on Coinbase but left the door open for future evidence.
-Controversy surrounds WBTC due to Bit Global’s ties to @justinsuntron.
-Interestingly, Coinbase launched its own cbBTC in September.
This is Portugal:
- 0% tax possible on overseas income
- EU citizenship in just 5 years
- 300 days of sunshine
I’ve lived here tax-efficiently for 3 years.
Here are 7 reasons why the “California of Europe” is the ultimate expat haven:
BREAKING: Crypto markets have officially added $500 billion of market cap since May 1st.
#Bitcoin is now up 22% this month and just 5% away from making a new all time high.
This comes as markets are expecting an Ethereum ETF approval.
Ethereum is now up 31% over the last week and just 3% away from breaking its 2024 high.
#Crypto has proven its resilience once again.
re @mtgox fud: after a 10 year forced HODL from $450, what kind of 🤡 would market dump at $40k, with ETF tailwind about to hit, in an early bull market leading into a halving, vs say just wait another year for $400k+. doesn't make any sense to me either. just cold store them.