Reform would align digital-asset taxation with stock investments and replace a rate that currently reaches more than 50% Japan is preparing to overhaul how it taxes cryptocurrency profits, with government leaders now supporting a nationwide shift to a flat 20% levy — a substantial reduction from the current tiered system that can reach as high as 55%. The policy is expected to be formalized in legislation slated for 2026. The plan, championed by Japan’s Financial Services Agency (FSA), seeks to harmonize digital-asset taxation with the treatment of equities and investment funds. Under today’s rules, crypto trading falls under “miscellaneous income,”…
Author: Blockto Team
Chainlink Technical Breakdown Amid Market Weakness Chainlink’s LINK token continued its decline this week, slipping under the $12 threshold as broader crypto sentiment weakened. The pullback came even as the market anticipated the conversion of Grayscale’s Chainlink Trust into the first U.S. spot LINK ETF, a development that under different conditions might have supported prices. Instead, traders focused on deteriorating technical structure, signaling further downside pressure. While ETF expectations often act as catalysts for digital assets, LINK’s reaction remained muted. The token’s inability to sustain recent support zones suggests that bullish catalysts were overshadowed by prevailing risk-off sentiment across major…
Rising costs and shrinking revenue push payback periods beyond 1,000 days, amplifying stress across the sector Bitcoin miners are confronting an unusually severe profitability crunch as revenue per unit of compute power sinks to historic lows and operating expenses continue to rise. Industry analysts warn that the current squeeze is testing even the most established companies. Fresh data indicates that miners are navigating the harshest margin environment the sector has seen, marked by a sharp drop in hashprice, the metric that reflects earnings per petahash of computing power. Average revenue, which hovered near $55 per PH/s earlier this year, has…
New reserve aims to safeguard dividend obligations as firm strengthens balance sheet during volatility Strategy — the publicly traded firm led by Michael Saylor — has set up a $1.44 billion U.S. dollar reserve to ensure it can meet dividend and debt obligations even amid market turbulence. At the same time, the company boosted its Bitcoin holdings, bringing the total to 650,000 BTC. The reserve was established using proceeds from the sale of Strategy’s Class A common shares under its at-the-market offering program. According to the firm, the cash pool is intended to cover at least 12 months of dividend…
XRP Slides 7% as Technical Breakdown Targets $1.80 Support XRP extended its weekly decline with a sharp 7% intraday pullback, marking another setback for the altcoin after repeated failures to hold its key resistance zones. The move reflects shifting short-term sentiment, even as broader institutional support for XRP continues to grow across global payment and custody platforms. Bearish Flows Contrast With Institutional Progress While the development of new payment rails and enterprise-level integrations has strengthened XRP’s long-term infrastructure, recent data shows that short-term liquidity has turned decisively bearish. Analysts note that despite long-standing institutional interest in the XRP ecosystem, immediate…
Sharp rise in domestic yields threatens long-standing flows into global risk assets, including crypto A rapid climb in Japanese government bond yields is drawing renewed attention to the fragility of global liquidity conditions, with analysts warning that the shift could reverberate across equities, emerging-market debt, and digital assets. Japan’s benchmark 10-year government bond yield reached 1.86% on Monday — its highest level since 2008 — marking a stark departure from the country’s long-standing low-rate environment. Yields have nearly doubled in the past year, while the two-year yield crossed 1% for the first time in more than a decade. Although the…
Expanded permissions strengthen the company’s institutional services across Asia-Pacific Ripple Labs has secured regulatory approval to widen its payment activities in Singapore, marking another step in the company’s ongoing expansion across the Asia-Pacific region. The approval arrives as Ripple continues to scale its institutional offerings through a series of acquisitions and product developments. Ripple’s regional arm, Ripple Markets APAC, received authorization from the Monetary Authority of Singapore (MAS) to extend the scope of services covered under its Major Payment Institution license. While the MAS website still lists Ripple under digital payment token services, the firm says the updated license allows…
Dogecoin Slumps as Institutional Demand Disappoints Dogecoin has entered another phase of weakness after a sharp daily drop, extending its multi-week decline against broader crypto market softness. The latest downturn comes amid muted institutional demand, raising concerns that the meme-coin may face deeper downside pressure unless market conditions stabilize. Weak ETF Inflows Raise Concerns The recently launched DOGE exchange-traded products from Grayscale and Bitwise failed to generate the enthusiasm many analysts expected. Combined, these products recorded just $2.16 million in inflows, a figure significantly lower than projections for a high-profile meme-asset with a large retail following. This disappointing response has…
Launch expected this week as competition in crypto-linked funds intensifies Grayscale is preparing to introduce the United States’ first spot Chainlink (LINK) exchange-traded fund, with the launch anticipated this week following the conversion of the firm’s existing LINK trust. The move positions the asset manager at the forefront of a new wave of crypto-focused ETFs entering the market. Industry observers expect the fund to go live on Tuesday, aligning with projections from multiple ETF analysts. The product will mirror the spot price of LINK and capture additional returns generated through staking, offering investors direct exposure to the Chainlink network’s underlying…
ADA retests a long-standing support area after repeated structure breaks Cardano has fallen 6%, extending its multi-week decline and pushing the price toward a critical demand zone around $0.38–$0.40. The chart signals a continuation of bearish market structure, driven by successive breaks of structure (BOS) and repeated failures to reclaim upper supply zones. Why Cardano Dropped 6% The maket highlights a clear sequence of downward structure breaks, beginning after ADA’s rejection from the strong supply cluster between $0.90 and $1.00. Each recovery attempt since late October has been met with aggressive selling, creating a chain of lower highs and confirming…