Italy considers raising capital gains tax, including on cryptocurrencies

Italy’s Ministry of Economy is working on a proposal to increase the capital gains tax rate. Deputy Minister Maurizio Leo confirmed that the draft framework includes raising the rate from 26% to 42%, extending the change to digital asset transactions as well.
The additional revenue is intended to support public infrastructure projects and social policy initiatives

Source: Bloomberg

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Denmark and the debate on taxing unrealized gains - more speculation than substance

Recent headlines suggested that Denmark is preparing to introduce a tax on unrealized cryptocurrency gains. In reality, the situation is far less advanced.
The Danish Tax Law Council has published an analytical report outlining three potential approaches to taxing digital assets. One of the concepts mentions taxing held cryptocurrencies - but this is not a legislative proposal, has not been submitted to parliament, and is not part of any ongoing political debate.
It remains a theoretical scenario, and its implementation in the current form appears unlikely.

Source: Cointelegraph

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Bitcoin mining difficulty reaches a new all‑time high

Bitcoin’s mining difficulty has climbed to a record 95.88 T, marking an approximately 4% increase within a short period. This rise reflects the growing computational power securing the network and intensifying competition among miners.
Historically, such rapid increases have often coincided with periods of strengthening network fundamentals and have sometimes preceded heightened market activity around BTC.

Source: Cryptopotato

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US presidential election: markets monitor polling data and potential implications for BTC

With only days remaining until the US presidential election, polling in key swing states indicates a highly competitive race between Donald Trump and Kamala Harris.
On the prediction platform Polymarket, Trump currently holds a notable lead - though these markets reflect global investor sentiment rather than official electoral forecasts.
Crypto markets are responding to these signals:

• a Trump victory could reinforce positive sentiment toward Bitcoin,
• a Harris win may temporarily moderate momentum, though it is unlikely to alter the broader long‑term trend.

Source: Polymarket

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Cryptoasset prices are significantly more volatile than traditional financial instruments. High price fluctuations may lead to sudden losses and unpredictable outcomes. Trading digital assets involves substantial risk, including the potential loss of capital.