Pepe eyes higher low formation after local rejection — is a 35% rally on the table?

Pepe eyes higher low formation after local rejection — is a 35% rally on the table?

Pepe is encountering resistance, but this rejection could mark the beginning of a bullish continuation setup. Traders are watching for a potential higher low that may set the stage for a strong rotation to the upside. Pepe price action (PEPE) is currently facing a local resistance zone, one that is not necessarily bearish in nature … Read more

Chinese Local Governments Consider Selling Seized Crypto Amid Trading Ban

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Local governments in China are exploring ways to liquidate seized crypto, navigating a legal gray area created by the country’s strict ban on crypto trading and exchanges. According to an April 16 report by Reuters, the absence of clear regulations on handling confiscated digital assets has led to inconsistent practices and raised concerns over transparency … Read more

UK Should Tax Crypto To Encourage Local Stock Investment, Says Cavendish Chair

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Lisa Gordon, chair of investment bank Cavendish and a member of the Capital Markets Industry Taskforce, has called for the UK to introduce a tax on cryptocurrency purchases while simultaneously cutting taxes on equities. The aim, she argues, is to encourage younger Britons to invest in local stocks and help boost the country’s sluggish capital … Read more