Current Situation in the Crypto Market

⚫As of the morning of October 17, 2024, the price of Bitcoin fluctuates around $67,300. Vitalik Buterin, co-founder of Ethereum, discussed upcoming network improvements. In Italy, there is consideration of raising the capital gains tax on digital assets from 26% to 42%.
⚫The BTC futures market shows growing interest from institutional investors, highlighting activity in this segment. The number of on-chain wallets holding Tether has reached 330 million, comparable to the population of the United States. U.S. authorities have called for a more lenient sentence for Bitfinex hacker Ilya Lichtenstein, who pleaded guilty to the 2016 exchange attack.