Greece Approves 10% Crypto Gains Tax as Market Slips

Bitcoin slid a modest 0.29% to $75,828 and ether gave back 0.49%, but the headline number undersells how broad the pullback was: 83 of the top 100 coins tracked finished lower. Pump.fun led the losers, down 5.83%, while Midnight was the lone bright spot among majors, up 1.91%.

The bigger story came out of Athens. Greece's parliament approved a crypto tax framework kicking in for 2027: a flat 10% on gains, a 500 euro annual exemption, and a steeper 15% levy on staking and DeFi income. Crypto-to-crypto swap treatment is still unsettled, which leaves traders there without a full picture of their future tax bill.

Elsewhere, Zcash shipped its NU7 upgrade, cutting block times from 75 to 25 seconds and burning 60% of transaction fees, though about $15 million in old Sprout-pool funds is now stuck. And a former FBI agent pleaded guilty to stealing $2.47 million in crypto from wallets tied to 35 of his own investigations.

Named today: Midnight (NIGHT) predictions · Pump.fun (PUMP) predictions · Morpho (MORPHO) predictions

Crypto is down today, though not dramatically: bitcoin eased 0.29% to $75,828, ether fell 0.49%, and 83 of the top 100 coins tracked closed in the red.

Days like this usually come down to broad risk appetite cooling rather than one single trigger. When breadth is this lopsided, with most coins drifting lower together, it often reflects traders stepping back rather than reacting to a specific shock.

Regulatory headlines can weigh on sentiment too. Greece's newly approved crypto tax framework, with a 10% gains tax and 15% levy on staking and DeFi starting in 2027, is the kind of policy news that makes traders in affected regions more cautious, even if it does not take effect immediately.

None of this points to panic. A 0.3% move in bitcoin is well within normal daily noise, and the losses across altcoins look more like a quiet grind lower than a selloff.

Crypto is not up today: bitcoin slipped 0.29% to $75,828 and ether dropped 0.49%, with 83 of the top 100 coins tracked losing ground.

On days when the market does rise, it is usually because bitcoin and ether move together in the same direction and pull the rest of the field along, often alongside a specific catalyst like a policy shift, an upgrade, or a wave of buying that shows up across most of the top 100 coins at once.

Positive technical news can sometimes help too. Zcash's NU7 upgrade today cut block times from 75 to 25 seconds and changed how transaction fees are handled, the kind of concrete improvement that can lift sentiment around a specific project even if it does not move the wider market.

Today just was not that kind of day. The losses were broad rather than concentrated, which is the opposite of the pattern you'd expect on a genuine up day.

87 calls settled yesterday with a 46% hit rate, and the standout was a call on BMT going down, which landed at -7.13%.

Today's Daily Call asset is Morpho (MORPHO), one shared question, up or down by midnight UTC. Think you can read this market? Put a timestamped call on record. It's free, and your accuracy is scored publicly.