ROCKET.GRVT
292 posts











🇦🇺 AUSTRALIA TO HIT CRYPTO INVESTORS WITH HIGHER TAXES Australia is preparing to scrap the 50% capital gains tax discount for assets held over 12 months and replace it with an inflation-based system. That means investors would only deduct inflation from their gains, instead of automatically getting half their profits tax-free. For long-term crypto holders, cashing out gains could mean much higher tax bills.



Circle released its Q1 2026 earnings report. Revenue came in at $694 million, up 20% year-over-year but below the consensus estimate of $720 million. Adjusted EBITDA was $151 million, up 24% YoY but down 10% sequentially. GAAP net income was $55 million, down 15% YoY and down 59% quarter-over-quarter. EPS was $0.21, beating the consensus estimate of $0.17 but falling short of the bull-case estimate of $0.25. Explore more key information on SoSoValue sosovalue.com/shares/aDw1at #SOSO via @sosovaluecrypto





