Welcome to the latest edition of Capital Nexus – Shepley Capital’s crypto newsletter.
The Netherlands are proposing to introduce taxing unrealised gains Bitcoin, Altcoins, & Stocks…
The Netherlands is making waves with a proposed tax reform that would tax unrealised gains on assets like Bitcoin, Alts, & Stocks starting in 2028.
Under the proposed system, investors will owe tax each year based on changes in asset value, even if nothing has been sold.
For everyday investors who aren’t knowledgeable enough to know when to exit their position, a tax rule like this could completely wipe out a portfolio… or even eat away at a person’s savings if the event is severe enough.
Just take the past few months of Bitcoin into consideration; say you bought exactly 1 BTC back in April 2025 when it was valued at $76k. In 40 days you would’ve been up $35k in profit. A few months later, you would’ve been up $47k. To any casual investor feeling euphoric in their investment, nothing could prepare you for the price falling back to $84k only weeks later.
Only in this case, you now owe a percentage of the $47k in unrealised gains tax.
We’ve seen how dangerous this can be. Australia once floated a similar idea and faced heavy backlash because it puts ordinary people, who don’t have the knowledge or experience in the market, at risk of owing taxes on “paper profits” that can disappear overnight. As result, they later pivoted their focus towards superannuation accounts exceeding $3M.. however even this has proven to build traction.
If this tax proposal passes, it will instantly become essential for everyday investors; Small Business Owners, stay-at-home parents, Students, Retirees, CEO’s… absolutely everyone to learn how to manage the increased risk your investment portfolio will face.
No more HODL’ing, despite believing in a project long term… if you hold your position through a dip, you’re accruing tax.
Everyday investors are left with 2 options;
1) Sign with an Investment Manager to act on your behalf. $$$
2) Take action to take back control of your portfolio. $
For those who pick option 2, your next move is to reach out to ShepleyCapital.com where we’ll give you the tools to make that happen.
This kind of taxation is extremely dangerous for anyone dealing with capital gains taxes, not just in crypto but in any asset class. It’s a reminder that while governments might see this as a revenue measure, the real-world impact on everyday investors could be profound.
Across Australia, a subtle but radical shift is taking place in how parents think about setting their children up financially. Instead of gifting fiat savings or small cash deposits, more families are beginning to gift crypto assets.
With Australian house prices now approaching ten times the average income, the traditional pathway of saving for a deposit during early adulthood is becoming increasingly unrealistic for many families. For parents looking ahead at the future their kids are faced with, the question is no longer how to help their children buy property early… It is how to give them assets that can grow alongside them over time.
For previous generations, property ownership in your twenties was a realistic goal. Today, that version of the Aussie Dream has faded for too many. Rising prices, stagnant wage growth, and higher living costs mean that even disciplined savers are finding it difficult to gain a foothold in the housing market early in life. So rather than forcing their children into an outdated financial model, many parents are choosing to seek out the next best opportunity. Cryptocurrency.
Crypto is increasingly being viewed as a long-term asset rather than a short-term trade. For some families, crypto represents the first realistic opportunity to build meaningful capital from a smaller starting point. Not because it is risk-free.. but because its upside potential over long time horizons is materially different from traditional savings accounts or low-growth assets. Beyond the hope that parents have for their kids to own a home by 25, most parents care more about providing opportunities.
From a zoomed out perspective, the life lessons of asset ownership remain the same; young adults are taught to make informed financial decisions sooner rather than later in life. The only difference is swapping out four walls with a digital wallet.
Last year, we shared a “Ones to Watch” breakdown on Keeta Network to our Capital Nexus subscribers.
We ranked it as a prospect project that had the potential to succeed in the competitive start-up landscape of the crypto industry. We outlined why $KTA was worth monitoring and set two clear conditions that needed to occur before it moved beyond a watchlist asset.
First, a post launch market rebalance.
Every new token experiences early volatility, followed by a correction as speculation unwinds and price finds equilibrium. We saw the hype price of launch rise upwards of $2.36 AUD, before setting back down to a more realistic $0.31 AUD. With the market proving this price point as the consensus floor, we can confirm that $KTA has now completed this rebalance phase.
Second, a meaningful announcement that signaled progression into the next growth stage.
Nearly every crypto project ever created has proposed a wild set of visions & promises declared within their whitepaper. It’s no surprise that 99% of these claims go undelivered. With this notion as the standard for start-up crypto projects, it’s always a welcomed surprise when a project fulfills their word.
Six days ago, Keeta Network met that second condition.
Keeta Network released a statement that marks its transition into the next phase of execution and development. Whilst this doesn’t negate the high risk nature of competing as a start-up, it does change the fundamental nature of the project.
Keeta has entered into an agreement to acquire a bank, marking a strategic step toward expanding Keeta’s regulated capabilities and enabling deeper participation within the global financial system. Subject to regulatory approval, this would place Keeta amongst one of the first in the industry to pursue a banking license.
From an investment perspective, here’s what we believe will happen with $KTA in the near future.
(This is NOT FINANCIAL ADVICE)
Based on our market analysis, we believe that $KTA will perform relatively well within the next alt-cycle. Just this past week alone where majority of the market saw roughly -7% dips in value, Keeta increased +3% in value. Keep in mind that this project is still extremely early on in its lifecycle. But as a prospect competing against other prospects.. we’re liking what we’re seeing so far.
We’ll continue to keep an eye on the Keeta Network. Make sure you keep up to date with our Newsletter to stay informed.
See you next volume.
~ Chris Shepley
Founder of Shepley Capital