Australia’s Labor government has proposed replacing the country’s long- 
standing capital gains tax discount with an inflation-indexed model that could 
raise tax liabilities for crypto investors holding assets over extended 
periods. The Australian Financial Review reported on Sunday, citing people 
familiar…

Australia considers replacing 50% capital gains tax discount on crypto

The CLARITY Act, introduced in July 2025, stalled in January after Coinbase 
withdrew its support for the legislation over concerns about legal protections 
and stablecoin yields.

7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

AI agents need “food,” and that food is not physical food; it is tokens, said 
Jordi Visser.

Veteran investor bets on Ethereum as AI agents drive tokenization demand

The Albanese government’s budget plans to replace the 50% capital gains tax 
discount on assets held over 12 months with a model taxing full real gains 
adjusted for inflation.

Australia plans capital gains tax changes affecting crypto investors: Report

Crypto projects with more than $3 billion in total value locked have migrated 
their cross-chain infrastructure to Chainlink’s Cross-Chain Interoperability 
Protocol (CCIP) following a $292 million exploit at KelpDAO, which heightened 
scrutiny of bridge security across decentralized finance. Chainlink confirmed 
the migration wave, saying four protocols, including KelpDAO, Solv Protocol, 
Re, and Tydro, had begun […]
The post Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as 
DeFi projects dump LayerZero appeared first on CryptoSlate.

Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero

Bitcoin has triggered another daily Kumo breakout, putting a historically 
bullish technical signal back in focus. Analyst Josh Olszewicz, who posts as 
CarpeNoctom, shared a chart on X tracking BTC’s forward performance after 
every daily Kumo breakout since 2015. “BTC forward performance of daily kumo 
breakouts since 2015,” CarpeNoctom wrote, alongside a TradingView chart 
showing the latest breakout dated May 6, 2026. What This Means For Bitcoin 
Price The historical table attached to the chart shows a notably positive skew 
across completed signals. After prior daily Kumo breakouts, Bitcoin was higher 
one week later in 22 of 26 cases, with an average gain of 6.21% and a median 
gain of 5.08%. One month out, BTC was positive in 20 of 26 cases, with an 
average return of 14.05% and a median of 12.00%. Related Reading: Bitcoin 
Miners Bag Profit: 3,400 BTC Flow Out Of Reserves Since April The signal’s 
stronger historical profile appears over longer windows. Three months after 
breakout, Bitcoin was higher in 18 of 26 cases, with an average gain of 39.48% 
and a median of 26.37%. Six months later, BTC was positive in 22 of 26 cases, 
with an average return of 74.36% and a median of 46.04%. The one-year data is 
even more striking: across completed samples, Bitcoin was higher in 22 of 25 
cases, with an average gain of 186.01% and a median gain of 129.46%. The 
largest one-year forward returns came during major bull-market phases. 
Breakouts on Sept. 4, 2016 and Oct. 7, 2016 preceded one-year gains of 615.08% 
and 617.09%, respectively. The April 1, 2017 signal was followed by a 525.35% 
one-year advance, while the April 23, 2020 breakout led to a 581.82% one-year 
gain. Another October 2020 breakout produced a 237.35% three-month move, a 
430.84% six-month move, and a 393.65% one-year return. The chart also shows 
that the signal has not been uniformly reliable. Breakouts during weaker or 
late-cycle conditions produced negative forward returns in several cases. The 
Aug. 13, 2021 breakout was followed by a 48.89% one-year decline, while the 
Oct. 1, 2021 signal preceded a 59.90% one-year drop. More recently, the April 
22, 2025 breakout showed positive returns over one week, one month, three 
months, and six months, but was down 16.31% after one year. Related Reading: 
This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now 
The most recent completed signal before the May 2026 breakout, dated Oct. 1, 
2025, also remains a cautionary data point. Bitcoin rose 3.98% after one week, 
but fell 7.60% after one month, 25.46% after three months, and 43.74% after 
six months. Its one-year return is not yet available in the table. For 
traders, the chart frames the Kumo breakout less as a standalone prediction 
and more as a historically asymmetric trend signal. The median returns suggest 
the pattern has often appeared near meaningful upside continuation, but the 
failed signals cluster around periods where broader market structure 
deteriorated after the breakout. At press time, BTC traded at $80,735. 
Featured image created with DALL.E, chart from TradingView.com

Australia considers replacing 50% capital gains tax discount on crypto

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