Everyone continues to pour billions into AI data centers

- Algo (ALGO) fell 0.69% in 24 hours to $0.1434, contrasting with 5.52% weekly gains but a 57.16% annual decline amid crypto market uncertainty. - Switzerland delayed CARF crypto reporting rules until 2027, citing stalled international data-sharing talks, hindering global regulatory alignment. - Bonk (BONK) launched Europe's first ETP on SIX Swiss Exchange, enabling traditional investors to access memecoins without digital wallets. - Ethereum prepares December 3 gas limit upgrade to 60M, enhancing layer-2

- XRP rebounds above $2.20 as buyers defend key support, supported by $107.92M in ETF inflows and rising institutional confidence. - Technical analysis highlights a bullish "Staircase to Valhalla" pattern, with $2.26-$2.52 resistance levels and Fibonacci targets signaling potential for $2.69. - Derivatives data shows aggressive long-positioning (OI: $4.11B), with Binance's 2.56 long-short ratio and 57% options OI surge reinforcing bullish momentum. - Institutional ETF conversions (e.g., Grayscale Zcash) an

- Switzerland delays crypto tax data-sharing until 2027, highlighting global regulatory fragmentation amid CARF adoption challenges. - Two-phase approach prioritizes domestic law alignment before reciprocal agreements with key economies like U.S., China, and Saudi Arabia. - 75 CARF signatories progress unevenly, with U.S. and Brazil proposing alternative frameworks, complicating cross-border compliance. - Swiss crypto firms face operational risks during transition, as critics warn of regulatory arbitrage b

- Thailand imposes 0% capital gains tax on local crypto trading (2025-2029) to boost its digital economy and attract investors. - The policy aligns crypto profits with tax-exempt stock trading, supported by a 2024 Bitcoin ETF and Tourist DigiPay pilot for foreign visitors. - Regulatory caution is evident through biometric data shutdowns and PDPA compliance, balancing innovation with security amid regional competition. - Projected $1B annual economic gains aim to position Thailand as a top Southeast Asian c