Indonesia Hikes Crypto Taxes Up to 5x Starting August 1, Mining VAT Doubles to 2.2%

Indonesia has implemented sweeping cryptocurrency tax increases effective August 1, raising transaction taxes up to five times higher while doubling mining VAT rates, as the government seeks to capture more revenue from the booming $39.67 billion crypto market.
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ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

ChatGPT’s XRP Analysis details a $3.09 price holding above the 200-day EMA at $2.88 while trading below shorter EMAs, with volume off 13%. Bloomberg has raised ETF approval odds to 95%, and SEC case progress has supported sentiment, framing a breakout toward $3.50 or a pullback to support.
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Strategy Doubles Down: 21,021 Bitcoin Acquired After Record $2.5B IPO for New “Stretch” Stock

Strategy has secured $2.521B by issuing 28,011,111 Series A Stretch Preferred Stock at $90 each, making 2025’s largest U.S. IPO and biggest perpetual preferred issue since 2009. Proceeds fund 21,021 BTC at $117,256, lifting reserves to 628,791 BTC before the Nasdaq debut on July 30.
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