The Albanese government’s budget plans to replace the 50% capital gains tax discount on assets held over 12 months with a model taxing full real gains adjusted for inflation.
The retention of Australia's 50% CGT discount for crypto supports long-term investment stability, potentially influencing investor behavior and market dynamics.
The post Australia’s 50% capital gains tax discount for crypto remains intact despite viral claims appeared first on Crypto Briefing.
UK's inflation persistence and weak growth are driven by supply-side challenges and geopolitical shocks.
The post Megan Greene: Inflation remains above target, geopolitical events exacerbate economic challenges, and the UK faces weak growth amid supply-side issues | Odd Lots appeared first on Crypto Briefing.
Australia’s Labor government has proposed replacing the country’s long-standing capital gains tax discount with an inflation-indexed model that could raise tax liabilities for crypto investors holding assets over extended periods. The Australian Financial Review reported on Sunday, citing people familiar…
The faltering US-Iran talks heighten geopolitical tensions, impacting global markets by driving inflation fears and influencing currency dynamics.
The post Gold falls on oil-driven inflation worries as US-Iran talks falter appeared first on Crypto Briefing.
The post JASMY recovers 3-month losses – Why price reversal risk is rising appeared on BitcoinEthereumNews.com.
JasmyCoin [JASMY] has remained one of the stronger-performing assets in the market, posting a moderate 10% gain at press time, as buying pressure continues to strengthen. The latest move carries broader significance because JASMY has now recovered every loss recorded since the 23rd of January, completing a recovery that took roughly three months. The development points to strengthening market confidence and reinforces the broader bullish structure forming around the asset. Still, despite the sustained rally, several indicators suggest the market may be approaching an important decision point. JASMY faces pressure at key supply zone The primary risk to JASMY’s ongoing rally comes from its current position within a major supply order block on the chart. A supply order block represents a region where concentrated sell orders typically emerge, often slowing momentum or triggering
The post Goldman Sachs Sees Fed on Hold Longer, Pencils In December Rate Cut appeared on BitcoinEthereumNews.com.
Goldman Sachs has pushed back its forecast for the next two Federal Reserve rate cuts to December 2026 and March 2027. The revision comes as the bank expects inflation in 2026 to be higher than the Fed’s 2% target. Inflation Forces Goldman Sachs to Rethink Fed Rate Cut Calendar Goldman’s report highlighted that energy cost pass-through will likely keep core Personal Consumption Expenditures (PCE) inflation near 3% throughout 2026. Previously, the International Monetary Fund (IMF) also projected that core PCE would return to 2% only in early 2027. Meanwhile, Goldman’s US economists argued cooler monthly readings and weaker labor data must arrive first for the rate cuts. The Federal Open Market Committee held the federal funds rate at 3.50% to 3.75% on April 29, reporting stable economic conditions across most districts. That meeting drew four dissents, the most since 1992. S
The post Bitcoin faces pressure as Fed forecasts hotter inflation, potential rate hikes appeared on BitcoinEthereumNews.com.
## Market Snapshot Bitcoin price is facing downward pressure with markets pricing a 40% YES on a potential dip to $75,000 by May 31. Additionally, the likelihood of Bitcoin being above $72,000 on May 12 remains high at 100% YES. ## Key Takeaways – Market activity suggests potential downward pressure on Bitcoin, consistent with a possible downside breakout. – Hotter inflation forecasts by the Fed appear to contribute to increased pricing supportive of a decline in Bitcoin’s value. – Bitcoin’s struggle to maintain higher price targets is consistent with uncertainty from economic pressures and rate hike discussions. ## Article Body Recent forecasts from the Federal Reserve indicate a hotter inflation trajectory, which could influence Bitcoin’s market dynamics. The ongoing conflict between the United States and Iran, known as “Operation Epic Fury,” has disrupted key