The White House’s crypto summit dashed hopes for a capital gains tax exemption on cryptocurrencies, impacting market values. Bitcoin experienced a sharp decline, losing over $2,000 in value due to the unmet expectations. U.S. crypto taxes remain high, with short-term capital gains up to 37%, contrasting with Japan’s proposed tax reduction from 55% to 20%. Japan’s potential tax cut aims
The cryptocurrency market is experiencing significant anticipation for an event that could lead to substantial price increases. Ripple’s XRP has surged 25.09% in a week, with analysts predicting potential spikes to $5.85 or even $77.7. Dogecoin, despite its meme origins, might see a rise up to $5, representing a 2000% increase. Cardano (ADA) gained 47.06% over a week, with projections