#GateSquareMayTradingShare Gold Price (XAUUSDT) (gold against the US dollar) moves volatile today after market participants wait for the direction of the US interest rate policy and the latest inflation data. Gold temporarily held in a strong support area due to increased demand for safe haven assets amid global economic uncertainty. If buying pressure continues to rise, XAUUSDT could test the nearest resistance again and continue the short-term bullish trend. However, the strengthening US dollar index remains a factor that could suppress gold price increases in the near future. Traders are now focusing on breakout areas to determine the next direction. As long as the price stays above the main support, the rebound opportunity remains quite open with trading volume starting to increase during the US and European market sessions today.


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BlackRock Buys $623 Million in Bitcoin, Grayscale Sells $62.3 Million
Institutional movements in the Bitcoin market are back in the spotlight after Grayscale was reported to have sold a total of $62.3 million worth of BTC since the beginning of the week.
On the other hand, BlackRock has made a large accumulation with purchases reaching $623.5 million, more than 10 times the amount sold by Grayscale in the same period.
With this addition, BlackRock’s Bitcoin holdings have now surpassed $64.85 billion, equivalent to about 3.87% of the total circulating BTC supply.
This fund flow difference indicates a shift in dynamics among institutional investors, where sell-offs by one party can be immediately absorbed by large demand from other players.
Several analysts see BlackRock’s aggressive accumulation as a long-term confidence in Bitcoin, also serving as a supporting factor for price stability amid selling pressure from the market. You must be getting itchy seeing DOGE keep rising this week, right? 😎 Trading volume and Nasdaq mining news are heating up, but to be safe, wait for confirmation above 0.11 USDT first before jumping in. The momentum is still hot, don’t miss the train, bro!$DOGE #GateSquareMayTradingShare #BTCBackAbove80K
Germany Considers Removing 0% Crypto Tax Starting 2027
The German government is reportedly considering ending the tax exemption rule for crypto assets held for more than one year, with potential implementation starting in 2027.
So far, Bitcoin investors and other crypto asset holders in Germany are not subject to capital gains tax if the assets are held for more than 12 months. This policy makes Germany one of the relatively friendly jurisdictions for long-term crypto investors.
However, this proposed change indicates an adjustment in fiscal policy amid increasing adoption of digital assets and the government’s need to expand the tax base.
If implemented, the removal of this rule could significantly impact investment strategies, especially for investors who have relied on tax-free profits from long-term holdings.
BTC0.91%
DOGE2.05%
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