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US IRS to Implement Third Party Reporting System on Centralized Exchanges

United States citizens who buy and sell digital assets will have their transactions screened by the Internal Revenue Service (IRS) starting this year.  The new development follows the IRS’s initiative to create a third-party reporting system for crypto transactions conducted on centralized exchanges in the US.  Centralized exchanges like Coinbase and Gemini will send transaction…

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CryptoQuant Report Places Bitcoin at a Max Price of $249,000 under Trump Administration

A weekly report by CryptoQuant predicted Bitcoin to hit a maximum price of $249,000 under the Trump Administration.  The report cites growing institutional capital inflows and promising regulatory policies as the key drivers of the proposed Bitcoin price surge in 2025.  Bitcoin could be targeting a price of $145k-$249 in 2025 driven by institutional capital…

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