💼 Indonesia’s $40M Crypto Tax Haul: Bullish for Adoption? 🌍
Indonesia’s crypto scene is heating up, with a $40M tax haul signaling mainstream adoption! 🚀 X’s #CryptoAdoption posts are buzzing, and Telegram’s trading channels are hyped after Cointelegraph reported Indonesia’s crypto tax revenue doubling in 2025. On-chain data shows BTC and ETH trading volume on local exchanges up 20%, per CoinGecko, with Binance’s IDR pair leading. Fundamentally, clear tax rules are drawing institutional players, boosting sentiment for BTC ($116K) and ETH ($2,900). Technically, BTC’s holding $115K support, with RSI at 60—bullish. X warns of regulatory overreach risks, but the vibe’s optimistic. Stack those coins—Indonesia’s going all-in! 🤑
