South Korea’s 22% Crypto Tax: 2027 or Bust?

South Korea’s People Power Party has proposed a bill to scrap taxes on cryptocurrencies, set to take effect in 2027. On March 18, party floor leader Song Eon-seok introduced changes to the Income Tax Act aimed at removing all rules that would tax digital assets. Because who needs a 22% tax when you can have a 22% chance of getting caught?

Bitcoin’s Rollercoaster: Will $69K Catch Us or Let Us Fall Again?

The short-term chart resembles a dramatic descent, akin to an unfortunate soul tripping down an icy staircase-all too familiar from the last time $BTC took a nosedive off the bear flag’s summit. We are left pondering whether this support level will hold like a faithful friend or if we’ll crash through like an uninvited guest at a wedding.

Bitcoin Whale Sells $1.12B: What’s Next?

Longtime Bitcoin owner Owen Gunden is said to have sold an additional 650 BTC worth about $46.3 million just 10 hours ago, contributing to a larger distribution pattern that has been developing over the past few months. This most recent deal comes after a previous significant liquidation in which Gunden sold about 11,000 BTC, or about $1.12 billion, making it one of the most prominent whale exits in the current cycle. Clearly, Owen’s got a date with Kraken, and it’s not for a cozy dinner.