The Bitcoin price and the broader crypto market surged following Donald Trump’s election victory in November, with the rally gaining fresh momentum in the days leading up to his inauguration on Jan. 20. Crypto enthusiasts are largely sold on Trump’s image as the industry’s messiah, bolstered by his self-styled role as a champion of pro-crypto policies. But are these hopes grounded in reality, or is the market caught up in make-believe? During his rousing speech in Nashville last July, Trump made bold promises to transform the U.S. into the crypto capital of the world. To support this vision, he affirmed his intent to establish a Strategic Bitcoin Reserve (SBR) . You might also like: TRUMP meme coin pushes Solana DEX volume, SOL price to all-time high “We’re gonna do something great with crypto because we don’t want China or anyone else getting ahead,” Trump told CNBC last month. Now, as initial signs of rising inflation spark fears of an economic crisis, Trump is expected to issue several crypto-related executive orders upon his return to the White House. The incoming administration has already announced plans to loosen regulations, establish a Crypto Presidential Advisory Council—reportedly including around 20 CEOs and founders with strong ties to Trump—to give the industry a voice in government, revoke restrictive policies like SAB 121 , and position the U.S. as the global center of Bitcoin mining. Crypto cronies Trump appointed venture capitalist and podcast host David Sacks as the country’s first artificial intelligence and crypto czar. As part of the weekend inauguration celebration, Sacks hosted a crypto ball at the Andrew W. Mellon Auditorium in Washington, D.C., on Jan. 17. The event was co-hosted by BTC Inc., Stand With Crypto, Exodus, Anchorage Digital, and Kraken. Sponsors included MicroStrategy, MetaMask, Coinbase, Solana, Galaxy Digital, Kraken, and others. excited to be in Washington DC 🇺🇸 for the Crypto Ball — a gala honoring @realDonaldTrump ’s inauguration, celebrating American innovation and the new administration's bold, crypto-friendly vision. Hosted by David Sacks, the Crypto Czar, and bringing together some of the brightest… pic.twitter.com/eN9l04bKK9 — Beniamin Mincu | acc 🔥🛠️ (@beniaminmincu) January 17, 2025 According to the New York Post, the president-elect is reportedly considering an ‘America-first’ crypto reserve strategy that would include Bitcoin as well as U.S.-founded digital assets like XRP and Solana. Whether Trump’s own meme coin ( TRUMP ), now with a market cap of about $13 billion, would be included in that reserve. The Solana-based meme coin is currently $21, according to data from CoinGecko. The coin debuted with 200 million tokens in circulation out of a total supply of 1 billion, with the remaining supply set to be gradually released over the next three years. It reached a high of $73.43 and currently hovers at around $66 at the time of writing. Source: CoinGecko Based on data from analytics company Arkham, the U.S. government currently holds nearly $20 billion worth of Bitcoin, seized in various law enforcement actions. This portfolio includes 198,109 BTC, valued at approximately $20.63 billion, along with other digital assets such as 54,753 ETH ($189.03 million), 122.13 million USDT ($122.13 million), and 750.722 WBTC ($77.77 million). The government’s current holdings also feature Binance Coin ( BNB ), Aave ( AAVE ), USD Coin ( USDC ), and others. U.S. Government’s Crypto Portfolio. Source: Arkham Analyzing the potential impact of these developments on the cryptocurrency market, it’s reasonable to expect the market to continue to grow. The creation of a crypto reserve signals strong governmental support for Bitcoin as a store of value and a strategic asset. Similar to previous institutional adoption events, such a move could increase Bitcoin demand, and reduce market supply. As a result, it might start a global domino effect, with more governments adopting similar strategies and sending demand up. Speaking of exact price targets, Bitcoin’s price could experience a rally similar to previous institutional adoption events, with the potential to reach $120,000–$150,000 within six to 12 months, depending on market sentiment and macroeconomic factors. Prioritizing U.S.-founded assets like XRP and Solana could enhance the adoption of these crypto projects on a global scale. XRP and Solana could rally by 30–50% in the short term, depending on the specifics of the strategy. Regarding the decision to launch the TRUMP meme coin just days before the inauguration, it appears to be a strategic move aimed at reinforcing Trump’s pro-crypto stance and arousing a sense of excitement among his supporters. An overlooked consequence might be the government stepping into areas traditionally outside its purview. Although framed as deregulation, top-down crypto policies are inherently regulated, which contrasts with the crypto community’s core values of decentralization. Also, if deregulation is indeed the goal, how will consumer protections be ensured? Striking this balance is a Herculean task . From my experience leading Outset PR, I’ve seen firsthand how even well-intentioned policies can create friction between innovation and oversight. Moreover, political promises often stall or face roadblocks before becoming a reality. If these initiatives are not executed efficiently, the market’s response may be lukewarm. Closing Thoughts Crypto market enthusiasts have reason to be excited—the proposed policies could significantly boost adoption and valuation. Crypto’s biggest stumbling block has long been the government, but if alignment between policymakers and the industry can be achieved, the potential for growth is very promising. However, as is always the case in the crypto market, execution and external factors will ultimately determine the scale and sustainability of this growth. Read more: Official Trump meme coin surges 330%, critics raise concerns
Starting in 2025, cryptocurrency transactions on centralized exchanges (CEX) will fall under new IRS reporting requirements, marking a significant shift for digital asset investors. These changes mean that transactions conducted through custodial accounts on platforms like Coinbase and Gemini will now be subject to third-party reporting for the first time. New IRS Rules According to a CNN report , the Internal Revenue Service (IRS) has specified that brokers, which include custodial trading platforms, certain wallet providers, digital asset kiosks, and some payment processors, must report these transactions. The information will be captured on a new form, the 1099-DA, which will detail all purchases and sales of digital assets. This form will be sent to both the taxpayer and the IRS by early 2026. Taxpayers will be required to include this information in their 2025 tax returns. Failure to do so could result in discrepancies, as the IRS will already have this data on file. Cost basis reporting, which refers to the original purchase price of a digital asset, will not be required from brokers until the 2026 tax year. Jessalyn Dean, vice president of tax information at Ledgible, explained that this delay may affect taxpayers’ ability to calculate taxable gains accurately. It is important to note that the cost basis is crucial for determining the gains or losses from asset sales. For those engaging in decentralized platform transactions, the timeline is different. Peer-to-peer transactions on platforms like Uniswap and Sushiswap will not be subject to third-party reporting until 2027. These platforms will report only the gross proceeds of transactions, as they do not have access to the original purchase price necessary to calculate the cost basis. Meanwhile, investors in spot Bitcoin exchange-traded funds (ETFs) will also be affected by reporting requirements this year. ETF providers will issue forms such as the 1099-B or 1099-DA, which will include not only the proceeds from sales but also any taxable events that occur within the fund. Dean even advised Bitcoin ETF investors to seek guidance from tax advisers, as taxable gains or losses can arise from the fund’s internal management activities, even if the underlying assets are held long-term. IRS Relief Notice The latest development comes less than a month after the IRS introduced automatic relief for centralized finance users facing new crypto tax regulations in 2025, requiring no immediate action. This relief addresses complications from Section 6045 custodial broker rules, which required CeFi brokers to report transactions using specific accounting methods. Defaulting to FIFO could increase tax liabilities, but taxpayers can bypass this by using their own records or crypto tax software. Starting in 2026, users must select an accounting method with their brokers to avoid default FIFO treatment. The post IRS to Require Third-Party Reporting on Crypto Transactions Starting in 2025 (Report) appeared first on CryptoPotato .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DTX Exchange sparks buzz as the next big crypto, reminiscent of Dogecoin’s 300x surge and life-changing returns in 2021. Table of Contents DTX Exchange could become the next Dogecoin to deliver 300x gains Dogecoin historic price: A blueprint for success Final verdict The crypto world has its fair share of excitement, and everyone continues to play the game to win big. Remember the Dogecoin (DOGE) run of 2021? It started as a joke to many investors. But within months, many bold backers smiled their way to the bank with an incredible 300x surge. In fact, a $350 bet back then could have ballooned into over $100,000. This incredible feat has everyone wondering if such a price surge can strike twice. Well, it seems it can, thanks to DTX Exchange, an altcoin that’s got analysts and speculators buzzing with excitement. You might also like: Bridging TradFi and DeFi: DTX Exchange positions itself as the next big thing DTX Exchange could become the next Dogecoin to deliver 300x gains Dogecoin’s impressive rise was one that was unexpected in the crypto world. Social media hype, Elon Musk’s constant tweets, and a meme-powered community pushed DOGE from fractions of a cent to a jaw-dropping $0.74. And the best part about this surge was based on its hype rather than utility. It’s no wonder DTX Exchange is creating such a stir. It packs serious utility and unique features. Currently priced at just $0.14, DTX offers an opportunity for investors seeking DOGE-like gains this year. So far, it’s already climbed 600% in its ongoing presale, and with its solid foundation to back it up, more gains are expected. So, what makes DTX Exchange a potential game-changer? This viral altcoin is flipping the script and is gaining momentum. It’s not here for humor but to transform how we trade. As a hybrid platform, users can trade all kinds of cryptos, stocks, forex, and even tokenized ETFs. As such, DTX would become a one-stop trading hub that bridges traditional finance with the dazzling world of blockchain. There are other features catching serious attention, such as: Vulcan X Blockchain: This tech powers the DTX Exchange platform, ushering in a new era of decentralized finance. Thus, traders can enjoy unparalleled transaction speeds and efficiency. Phoenix Wallet: DTX offers this non-custodial storage solution for secure and seamless asset management. Thus, users can keep their various portfolios safe and completely control them. Interestingly, DTX has been certified by SolidProof and is now listed on CoinMarketCap. Over 300,000 users are already onboard, reaping perks like profit-sharing, discounted trading fees, and governance rights. With a launch price of $0.20, the window for early adoption is wide open. Market analysts point to similarities between Dogecoin’s historical chart patterns and DTX’s current trajectory. So, throwing $350 at DTX now could have your investment skyrocket to $100,000. While it might seem improbable, DOGE’s meteoric rise has laid the foundation for such gains. If history repeats itself, we could have another epic rally that could turn modest investments into life-changing fortunes. Dogecoin historic price: A blueprint for success Despite its lackluster utility, Dogecoin delivered top gains thanks to its community-driven hype, which sparked conversations. As it trades at $0.34, investors now realize that for the Dogecoin price to return to its highest price, it needs more utility and institutional backing. That’s why DTX Exchange offers the complete package for DOGE whales to leverage and enjoy nostalgic gains. It’s no surprise that analysts are predicting a 100x growth by 2025, which might just be the start. Final verdict The crypto universe rewards bold moves and early bets. With DTX Exchange , the stars are aligning for a new success story. It offers game-changing utility, is backed by a community, and has the momentum to deliver jaw-dropping returns. DTX is calling. The stage is set, the hype is real, and the opportunity might be too good to pass on. Someone could grab $350 and toss it into the DTX presale. Investors might be amazed at what could be the start of a journey toward $100,000. For more information, visit the DTX Exchange presale website and join Telegram . Read more: XRP vs. Cardano vs DTX Exchange: A race to reach ATH first Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
$CZ doesn’t have time to explain. This token is already in the spotlight: trends are on fire, Twitter is buzzing, and exchanges are adding it. You’re either in, or you’re watching others lock in 1000X. Why Choose $CZ Now? 1. Listed on 3 exchanges faster than ever – major players are already noticing. 2. Leading trends on $SOL and other tracking platforms. 3. Twitter is abuzz – everyone from meme pages to crypto experts is discussing $CZ. 4. An engaged, active community – these are genuine supporters, not inflated figures. 5. The project remains “clean” – with snipers and whales out of the picture, risk is minimized. The chart is set for an upward trajectory. Will This Be Your Opportunity or Your Slip-Up? Think it’s just another meme coin? Consider $TRUMP. Countless individuals achieved 1000X while you held back. How often have you felt regret for not diving in at the right time? $CZ is on a similar path, and every passing hour could change everything. Meme coins have evolved beyond jokes – they’re now a movement. This is your opportunity to dive in and potentially earn significant gains. So, will you be among the winners, or will you watch from the sidelines as others thrive? Seize the Moment Every second you delay might cost you. Interest is soaring, the community is growing rapidly, and more listings are imminent. The market won’t pause, and chances like this might not come again. $CZ has already set its course. Now it’s your decision: achieve 1000X, or watch as someone else takes your dream car. CA: 9GuodFwbge2u3aNQyNkgp7bzBya3xZ3qe7yuWDBSpump X: https://x.com/getczmemes TG: @GetCZMemes Chart : https://dexscreener.com/solana/9GuodFwbge2u3aNQyNkgp7bzBya3xZ3qe7yuWDBSpump Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
$CZ doesn’t have time to explain. This token is already in the spotlight: trends are on fire, Twitter is buzzing, and exchanges are adding it. You’re either in, or you’re watching others lock in 1000X. Why $CZ and why now? 1. 3 exchange listings in record time – big players are already paying attention. 2. TOP trends on $SOL and other analytics platforms. 3. Viral buzz on Twitter – everyone is talking about $CZ, from meme accounts to crypto analysts. 4. A live, active community – not fake numbers, but thousands of real people backing the project. 5. The project is “clean” – snipers and whales are out, reducing risk. The chart is primed for growth. Is this your chance or your mistake? Think this is just another meme? Remember $TRUMP. How many people made 1000X while you hesitated? How many times have you regretted not getting in at the right moment? $CZ is following the same path, and every hour could be a game-changer. Meme coins are no longer a joke – they’re a trend. This is your chance to jump in and ride the hype to real profits. The question is, will you join the winners, or will you sit on the sidelines and watch others succeed? Act While You Can Every minute you wait works against you. Demand is rising, the community is heating up, and more listings are coming. The market won’t wait, and there might not be a second chance. $CZ has already chosen its path. Now it’s your turn: make 1000X, or watch someone else drive away in your Lambo. CA: 9GuodFwbge2u3aNQyNkgp7bzBya3xZ3qe7yuWDBSpump X: https://x.com/getczmemes TG: @GetCZMemes Chart : https://dexscreener.com/solana/9GuodFwbge2u3aNQyNkgp7bzBya3xZ3qe7yuWDBSpump Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI eyes a $5 surge as its presale hits $10.6M, outshining Cardano’s $3.10 recovery goal for 2025. The cryptocurrency market is heating up as 2025 approaches, with investors keeping a close watch on two standout projects – Lightchain AI and Cardano (ADA). While Cardano aims to reclaim its $3.10 high, Lightchain AI is preparing for a potential surge past $5, thanks to its unique technology and strong presale momentum. Currently priced at $0.00525 in its Stage 12 presale, Lightchain AI has raised over $10.6 million, positioning itself as one of the most exciting projects of the year. You might also like: Lightchain AI could beat XRP, ADA, and SHIB in the next crypto boom Cardano’s climb toward $3.10 Cardano is shifting, selling near $1. 10 after a great jump last week. Could it be getting ready for a rise to its top point of $3. 10? Analysts seem to think so and the hints are present. Happy signs in charts, like a shape that looks like a flag and waves rules, show to a maybe jump out. Bringing more fun, Cardano’s DeFi world is doing w͏ell with its Total Value Locked (TVL) reaching $595 million—showing that more people trust it. But let us not rush too fast. For ADA to get back to its $3.10 peak, it would need a big 179% rise from where it is now? Possible? Yes. Guaranteed? No — this is crypto, after all. Key help spots need to stay strong, and the hurdle near $1.15 needs to be beaten to keep the force going. Even if the view is bright, don’t forget that crypto place is changeable. Always DYOR before jumping in! Lightchain AI rising star Lightchain AI is emerging as a key player in the crypto space, offering unique solutions to tackle scalability, privacy, and energy efficiency challenges. Its layered architecture enables seamless integration across industries, making it an appealing choice for developers and enterprises seeking reliable decentralized systems. Key features include Zero-Knowledge Proofs (ZKPs), which ensure sensitive data remains fully protected during computations, fostering trust for both developers and users. Additionally, Lightchain AI leverages Homomorphic Encryption, allowing computations to be performed directly on encrypted data without exposing it, maintaining confidentiality at every stage. With these advanced technologies, Lightchain AI is setting a new standard for secure and efficient blockchain solutions, driving adoption across various sectors and use cases. Explosive growth on the horizon As Cardano eyes $3.10 and Lightchain AI sets its sights on $5, the cryptocurrency market in 2025 is shaping up to be an exciting landscape for investors. While Cardano offers stability and a proven track record, Lightchain AI’s innovation and affordability provide unmatched growth potential for those willing to invest early. For investors looking to diversify their portfolios and capitalize on the next wave of blockchain innovation, Lightchain AI represents a unique opportunity to secure substantial returns in the coming months. To learn more about Lightchain AI, visit the website , X , and Telegram. Read more: Experts expect 10-20x gains for Lightchain AI and LandWolf SOL against PEPE’s 3-5x growth Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Trump the Solana King could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Trump the Solana King (TRUMPKIN), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because TRUMPKIN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Trump the Solana King can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump the Solana King could become the next viral memecoin. Trump the Solana King launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump the Solana King on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump the Solana King by entering its contract address – 6oubDpkm3XF2x3r5vPZAhw2TABZgNrjmgwEqxUxLAYa – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPKIN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
TRUMP memecoin price could be headed toward $100 by the inauguration of President-elect Donald Trump on Jan. 20, BitMEX cofounder suggests.
Eric Trump commented on the controversial TRUMP Coin and its rapid rise. Concerns about market manipulation and ethical implications have surfaced. Continue Reading: Eric Trump Sparks Controversy with TRUMP Coin Remarks The post Eric Trump Sparks Controversy with TRUMP Coin Remarks appeared first on COINTURK NEWS .
After an eventful weekend, in what has almost become a tradition, a suggestive statement came from Microstrategy founder Michael Saylor. Saylor reshared a screenshot of a website that tracks his company’s Bitcoin purchases, which usually ends up being posted the next day by his company announcing that it has purchased Bitcoin. Saylor, in his post with the note “tomorrow everything will be different”, also referred to the inauguration ceremony of Donald Trump, the first US President to support cryptocurrencies. Thanks to the active activities of the cryptocurrency lobby, it is thought that one of Trump’s first steps will be to ease the pressure on cryptocurrencies in the country and perhaps even introduce a Bitcoin strategic reserve. Related News: Everyone's Talking About Trump's Memecoin, But Another Altcoin Linked To The Trump Story Has Been Discovered - Price Spikes According to the data, Michael Saylor’s company Microstrategy has a total Bitcoin holding of $47.23 billion, including its purchase last week. The company paid an average of $62,661 for all of these BTC. So far, they have made a profit of approximately 9%, or $22 million, from the purchase they made last week. *This is not investment advice. Continue Reading: Big Day Tomorrow: Donald Trump’s Inauguration – Mysterious Bitcoin Tweet from Michael Saylor