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France’s parliament advanced a 31.4% capital‑gains tax on Bitcoin and crypto swaps, one of Europe’s highest rates

12,057 posts · 6,851 accounts · -1% vs the day before

  • The French parliament voted to impose a 31.4% capital‑gains tax on Bitcoin and crypto‑to‑stablecoin swaps, targeting every conversion even without fiat sale[4]
  • Spot Bitcoin ETFs attracted $1.07 billion in three days, adding $460 million in October flows despite Bitcoin slipping 2.4% to about $81,470[22]
  • Whales moved 9,458 BTC ($771.5 million) from Wintermute since Oct 1, indicating continued large‑holder activity[29]
  • Bitcoin broke its falling trendline but faced rejection near $85 k, with the next key level being trendline support according to a trader’s analysis[3]
  • Tesla’s lower‑than‑expected Q3 capital‑expenditure report coincided with a reversal of Bitcoin’s run toward $85 k, suggesting macro‑impact on price[8][16]

Posts cited

  1. [3] ᴄʀʏᴘᴛᴏ xʟᴀʀɢᴇ · @cryptoxlarg ·

    Why panic ? The $BTC breakout is still in play. Bitcoin broke above its falling trendline but faced rejection near $85K The key level now is trendline support. If buyers defend it, #Bitcoin could regain momentum and make another push higher. The breakout isn’t invalidated yet. Confirmation matters more than fear.

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  2. [4] promise | 0% trading fees on coinup · @bigpromise_0 ·

    BREAKING: 🇫🇷 FRANCE’S PARLIAMENT JUST ADVANCED A 31.4% CAPITAL GAINS TAX ON #BITCOIN AND CRYPTO SWAPS TO STABLECOINS ONE OF EUROPE’S HIGHEST CRYPTO TAXES THEY WANT TO TAX EVERY CONVERSION EVEN IF YOU NEVER SELL TO FIAT THIS IS A DIRECT ATTACK ON HOLDERS LEAVE EUROPE ‼️

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  3. [8] Crypto Geeks · @offshoreinn ·

    Bitcoin reversed a run toward $85,000 after Tesla reported lower-than-expected capital expenditure in Q3. https://t.co/iY8YyPJeR1 - Helping Traders Since 2006.

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  4. [16] Lion Asset Management · @whylose ·

    Bitcoin reversed a run toward $85,000 after Tesla reported lower-than-expected capital expenditure in Q3. https://t.co/nxyz8rm8xI - Training Traders Since 2002.

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  5. [22] Chapterr11 · @chapterr_11 ·

    Spot Bitcoin ETFs pulled in $1.07B over 3 days — flipping October flows positive (+$460M). Meanwhile Bitcoin fell 2.4% to ~$81,470. Institutions kept buying anyway.

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  6. [29] Lookonchain · @lookonchain ·

    Whales are accumulating $BTC! Since Oct 1, 40 newly created wallets have withdrawn 9,458 $BTC ($771.5M) from #Wintermute. https://t.co/AR7qxcyoiU

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Written by an AI model from public posts; it can be wrong. Check the sources.

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