Bitcoin and Altcoins are already tending to recover from the recent market crashes. But some recent news would suggest that we will soon see impressive gains on the Cryptocurrency markets.
Japan has officially removed taxes on Bitcoin, as such it is expected to see an increase in the buying and trading of Cryptocurrencies. Note that Japan is one of the first countries to legitimize CryptoCurrency as a legal currency. The Japanese people tend to use Ripple as their preferred Crypto. Read more here: https://cointelegraph.com/news/its-official-japan-has-eliminated-tax-on-bitcoin-rise-in-trading-expected.
South Korea seems to be moving toward a similar path to Japan, by which Cryptocurrency will be legitimized. This would make Cryptocurrency much more popular and help the entire world with Cryptocurrency acceptance, ultimately this would raise the value of Bitcoin and Altcoins. Last time a country moved towards legitimization it raise the price of Ethereum and Bitcoin substantially. More info here: https://cointelegraph.com/news/south-korea-to-soon-legalize-bitcoin-and-ethereum-protect-traders-from-bubble-burst via @Cointelegraph
Italy has seems to be going further and further into debt and may be searching for bailouts for it s banks. While sad for the country, in times of uncertainty and economic struggle Bitcoin and Altcoins tend to rise as they are more stable than the local currency. Last time something like this happened the price of Bitcoin rose. More info here: https://cointelegraph.com/news/bitcoin-price-may-surge-as-italian-banks-send-alarm-signals-for-europe
Ultimately each of these articles suggest an increase in the Crypto markets and given that coins are still low, now would be a good time to buy some!
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