December 10, 2024 - Page 2 of 2

Google: ‘We have built a new quantum chip. Oh btw it kinda proves we live in the Multiverse’

submitted by /u/caps-unlock [link] [comments]

InvestorPlace: France moves to tax unrealized gains on Bitcoin

A big shout-out goes to France for the most impressive bonehead idea of December. Last week, French Senator Sylvie Vermeillet proposed classifying Bitcoin as “unproductive.” According to French law, that would mean… taxes on unrealized gains! So far, the idea has passed a preliminary vote in the Senate, and is endorsed by France’s Finance Minister, Laurent Saint-Martin. To clear up confusion, yes, this would mean that even if you don’t sell your Bitcoin, you’d have to pay the same tax as if you’d sold. The tax on Bitcoin’s gains in France is currently at 30%, but it’s unclear if this rate would be the same under this new proposal. The tax would kick in if unrealized gains on Bitcoin exceed €800,000 (about $845,000). Yes, that’s a lot of money, but for early investors in Bitcoin, it wouldn’t have required a huge initial investment to find yourself with that kind of gain. Consider the implications… Say you got lucky with a Bitcoin purchase some years ago and had the stomach to hold as the crypto soared and crashed. Here you are today, sitting on a $1M net worth – but it’s almost entirely thanks to your Bitcoin gain. Will you have hundreds of thousands of dollars laying around to pay this tax? Of course not. So, your only choice will be to sell your Bitcoin. What a staggering punishment for your investment foresight and iron stomach. By the way, if you want to flee France to escape this tax, the politicians are one step ahead of you: the unprecedented crypto tax regulation in France targets wealthy investors planning to exit the country. As bad as this is, French Bitcoin “Hodlers” should take the hit and get out of France now because we’re likely nowhere near the end of Bitcoin’s run (despite volatility). submitted by /u/FXgram_ [link] [comments]

Nvidia is the best performing S&P 500 stock over the last 5, 10, 15 and 20 years😲

submitted by /u/glira31 [link] [comments]

The outlook for gold remains bullish, driven by falling interest rates and sustained central bank purchases, with multiple forecasts converging around the US$3,000 mark for gold prices by the end of 2025

submitted by /u/Pllover12 [link] [comments]

📊🤔📈XAU/USD 🚀 breaches above the symmetrical triangle and faces the 2675 resistance level. The price breaks above the 200-MA and further surpassing of the resistance area will lead to a rise toward order blocks 1 (OB1) and 2 (OB2).🤓

XAUUSD 🚀 breaches above the symmetrical triangle and faces the 2675 resistance level. The price breaks above the 200-MA and further surpassing of the resistance area will lead to a rise toward order blocks 1 (OB1) and 2 (OB2). submitted by /u/Yuriy_UK [link] [comments]

Mexican Peso dips with the Dollar firming up ahead of US CPI data

The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI data has increased hopes of a 25 bps rate cut next week and is weighing on the MXN. Technically, USD/MXN’s double top at 20.80 suggests the possibility of a deeper correction. submitted by /u/Denchock [link] [comments]

The final of the international programming championship Yandex Cup 2024 took place in Tashkent

The prize fund reached a record amount for the championship of 16 million rubles, and the winners were 94 participants from around the world, including Russia, Belarus, Japan, the USA, Portugal and the UK. The prize fund reached a record amount for the championship of 16 million rubles, and the winners were 94 participants from around the world, including Russia, Belarus, Japan, the USA, Portugal and the UK. submitted by /u/Denchock [link] [comments]

Warren Buffett Indicator soared to an all-time high of 209% 🚨 For context, it peaked at 140% before the Dot Com Bubble Burst

submitted by /u/glira31 [link] [comments]

There is a reason why Americans are wealthier than others and keep getting wealthier. What went wrong in Europe? 25 years ago Europe was more productive than the US.

submitted by /u/Pllover12 [link] [comments]

📊🤓📉 US30 formed an ascending channel in a long-term bullish trend. Price has updated ATH and bounced, while MACD indicates a decline and DI- crossed DI+ on ADX, confirming the possibility of a decline.🤔

📉 US30 formed an ascending channel in a long-term bullish trend. Price has updated ATH and bounced, while MACD indicates a decline and DI- crossed DI+ on ADX, confirming the possibility of a decline. submitted by /u/Yuriy_UK [link] [comments]