The IRS has revealed the findings of its investigation into the use of virtual currency in 2020 tax returns, allowing for the identification of areas with high levels of cryptocurrency ownership. California has the highest number of areas with a high percentage of bitcoin owners, but Washington tops the list when ranked by state. The government's crackdown on digital assets has resulted in taxpayers being required to disclose any crypto transactions on their tax returns. Crypto adoption is highest among younger populations and those in software-heavy areas, with residential areas near tech firms or wealthy neighborhoods having a high density of digital asset ownership.
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According to data monitored by on-chain analyst Ali, Bitcoin whales have sold about 50,000 BTC worth about $2.2 billion in the past week.
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According to @ai_9684xtpa monitoring, 10 minutes ago, DWF Labs recharged 2 million TURT to KuCoin, worth $170,000. TURT has risen by 289% in the past seven days and is now priced at $BTC #BTCMEME

On December 19th, BGB has once again reached a new all-time high, with a current price of $0.6135. The leading sectors are BRC20, Layer2, and NFT, with TURT having a 51.51% increase in the past 24 hours, OXT having a 14.38% increase, and AGLD having a 23.73% increase.
As of the time of writing, the global cryptocurrency trading volume in the past 24 hours is $64.8 billion, with BTC accounting for 52.19%. The top three coins with real-time growth rates are ACE, EFIL, and ALEK.
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Bitcoin could potentially reach $160,000 in a bullish market that analysts predict will occur in 2024 due to a combination of catalysts and historical trends. On-chain analysis firm CryptoQuant suggests that demand from ETFs, the upcoming halving, and growth in stock markets could push bitcoin prices to at least $50,000 in the short term. The analysts also point to factors such as network activity, macroeconomic conditions, and stablecoin liquidity as potential drivers of a positive year for bitcoin and crypto markets in 2024. However, CryptoQuant warns of a potential price correction in the short term due to high unrealized profit margins for recent investors.
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INJS has stated on social media that the first batch of refunds has been completed, with refunds ending at block height 54,889,682. We are now collecting the second and final batch of refunds, from block height 54,889,683 to block height 54,952,165. Starting from block height 54,952,166, we will no longer process any refunds.
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Phantom wallet released a 12-second promotional video on X, indicating that it will integrate the Bitcoin network.
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