Regulation News

Most U.S. crypto users are flying blind on taxes, and the IRS is about to catch them with the new 1099-DA form. My reporting shows DeFi traders face hundreds of taxable events they’ve never logged, and the penalties are brutal. Exchanges hate the timetable, lobbyists are scrambling, and retail has no idea. Get your records straight now—or brace for letters.

Second-week-of-July setup looks like a repeat of 2021’s mini-alt season. ONDO is six cents from price discovery, NOT is one liquidity wall away from a new high, and WIF’s meme engine won’t quit. We’re long but disciplined—CPI and Mt. Gox headlines could flip the script in one ugly candle. Trade the rotation, not the hopium.

I dug through repos, spoke with devs, and stared at on-chain dashboards to map crypto’s next moves. Corporate treasuries keep hoarding BTC, Ethereum’s data fees finally make sense, and alt-chains are eyeing Wall Street IPOs. I’m betting on a supply squeeze for Bitcoin and a fees-down, usage-up story for Ethereum—assuming no black-swan hacks derail the modular dream.

ETH just defended the $3k level and is flashing the same higher-low structure I saw before the 2020 breakout. On-chain data shows long-term holders tightening supply, while derivatives activity stays sane. If support holds, $3.4k–$3.8k is the next pit stop—but macro landmines linger. I’m cautiously long, hedged with covered calls, and ready to admit if the market proves me wrong.

Whale transfers in Dogecoin just doubled overnight, dropping a $1.2 billion breadcrumb trail and reviving 2021 déjà-vu dreams. If DOGE can bulldoze past $0.20, analysts see a path back toward the all-time high — a potential 345% gain. I’ve grabbed a starter bag but kept stops tight; leveraged longs and macro events could yank the rug first. Either way, DOGE remains the market’s mood ring, so keep one eye on that cartoon dog.

Five countries—Cayman Islands, UAE, Germany, El Salvador, and Singapore—still let you dump or swap crypto without capital-gains tax in 2025. Each has hidden wrinkles, from pricey living costs to banking headaches, but the potential savings can dwarf the hassle. I break down the tech and policy quirks, share dev anecdotes, and speculate on a future where on-chain tax becomes code. TL;DR: jurisdictional arbitrage isn’t dead yet—just bring a hardware wallet and plenty of patience.

An AI cloud hungry for cheap power just offered $9 billion to acquire Core Scientific’s 745 MW mining empire. I dug through filings, power-grid data, and a few sleepless chats with ex-miners to unpack why electrons—not bitcoins—are the real prize. If the deal closes, expect AI economics to reshape BTC difficulty and knock shaky miners off the map.

ETH has coiled for two months and is now pressing against $2,600. Liquidity clusters at $2,800 and $2,350 act like magnets. We see open interest rising, whales rotating back into spot ETH, and volatility at multi-month lows—classic setup for a violent move. We’re leaning long but keeping tight stops because, well, crypto.

Toncoin’s 9% drop to $2.78 looks nasty, but the real story is whether Telegram converts its 800 million users into actual on-chain activity. Technicals flash bearish—MACD crossover, RSI cooling—while DeFi TVL creeps up to $148 million. Hold $2.70 and we might revisit $3.30; lose it and $2.10 beckons. Bottom line: intriguing tech, shaky adoption.

Ethereum keeps grinding higher despite hot U.S. jobs data, and I’m taking that resilience seriously. As long as price respects $2,510, I’m buying dips and eyeing $2,625 on a clean breakout above $2,600. Macro shocks could derail the party, but right now the on-chain flows, regulatory buzz, and technicals all lean bullish. Staying nimble, not fearful.

PEPE jolts 3.5% higher, slicing out of a 16-day falling wedge as volume and open interest explode. Traders eye a measured move toward $0.00000165, while Twitter jokes about $1 echo across the timeline. The breakout is technically clean, but looming macro risk and meme-coin whale games could reverse gains fast. Keep alerts tight and popcorn handy.

Strategy’s Q2 headline looks glorious: a $21 billion Bitcoin windfall on paper. But a lurking $4 billion tax accrual and perpetual share dilution make me uneasy. If BTC retraces, that cushion—and the narrative—could vanish fast. I’m cheering the gains but hedging my bets.

CleanSpark’s June headline—685 BTC mined, 16.15 J/TH efficiency—sounds heroic, but wallet data and power-cost math hint at thin margins and stealth coin sales. I dug into on-chain flows, expansion budgets, and halving economics, and the picture is less rosy. Expect more BTC liquidations, debt raises, and possible M&A interest in 2025. Miners may brag, but electricity bills never lie.

K33’s Torbjørn Bull Jenssen threw cold water on listed companies whose only trick is holding bitcoin. Without real revenue engines, he argues, their share-price premiums will melt. I walk through the data, compare it to MicroStrategy, and predict most premiums shrink to ±5% by October unless BTC moons. Bottom line: buy real businesses or just buy bitcoin straight up.

A well-regarded trader argues ETH is set to out-sprint BTC, with the sweet spot to accumulate closing by mid-August. Dencun’s proto-danksharding, shrinking CEX balances, and potential ETF approval form a bullish cocktail, though regulatory and macro curveballs remain. I’m cautiously rotating and hedging, aiming for 0.076 BTC per ETH before summer ends.

TIA is quietly staging a textbook supply-wall break. Spot volume is real, whales are nibbling, and the 200-EMA just flipped green. Unless macro shocks intrude, I’m betting this reaches $2—maybe even $2.30—before the weekend. Stops at $1.62, eyes on Bybit funding.

The Treasury unexpectedly ditched its legal fight against Tornado Cash after earlier lifting sanctions, shaving off one layer of regulatory fear for Ethereum. I’m excited but skeptical—criminal charges persist and OFAC can still re-sanction at will. Privacy projects might get a short-term boost, yet this feels more like strategic retreat than surrender. Keep your eyes peeled; the dragon could wake up anytime.

An appeals court erased a previous ruling that had upheld Treasury’s sanctions on Tornado Cash and ordered the entire case tossed out. It’s a procedural win, not a full exoneration—OFAC’s blacklist still exists. But the decision cracks the door open for new challenges and reinvigorates on-chain privacy devs who’ve been lurking in regulatory shadows.

I dug into Aave’s flashy $7.5 billion flash-loan streak and found more than hype: sticky liquidity, rising protocol revenue, and a potential catalyst hiding in tokenomics tweaks. But regulatory shadows, a sagging GHO peg, and over-eager perp longs could derail the march to $300. I’m cautiously bullish—stop firmly under $190.