IRS guidelines on DeFi regulation: Starting in 2027, the IRS requires DeFi brokers to report the sales proceeds of digital assets and collect users' transaction information. Brokers are required to disclose transaction details, including total proceeds and taxpayer information. Specifically, starting in 2026, brokers must collect and report this data. These rules apply to front-end service providers that interact directly with users, such as those providing access to decentralized protocol gateways, but not to the protocols themselves. PS: Overall, the industry needs necessary regulation but must also find suitable policies for the crypto sector rather than a one-size-fits-all approach. Currently, crypto participants like a16z have filed lawsuits against the IRS regarding 'DeFi broker' rules. Over the weekend, meme trends continued on-chain, especially in AI-related sectors. To summarize the AI sector: AI Computing Power: IO RENDER ATH; AI Infrastructure: WLD FET TAO; AI Meme: GOTA ACT FARTCOIN BULLY; AGENT Technical Framework: ELIZA ARC ZEREBRO; AGENT Launch Platform: VIRTUAL VVAIFU ARC; AGENT Applications: AI16Z AIXBT LUNA; AGENT Infrastructure: SWARMS ALCH JAIL; AI DeFi: GRIFT ZODS; On-chain AI is now divided into two camps, one on SOL and one on BASE, although there’s also some presence on ETH, but it’s not as active. BASE is centered around VIRTUAL, while SOL has a wide array of projects. This weekend, the market showed weakness, and currently, a 4-hour chart shows a wide-ranging fluctuation. Key support is around 92000; if it breaks, it may test the support near 90000.
When will the altcoin season arrive? Three cryptocurrencies poised for a market surge of up to 10x!
DASH
Dash is known as 'digital cash', and its fast and secure payment features are highly favored. In the past 24 hours, Dash's price has risen by 4.9% to $41.30. Its strong liquidity, combined with innovative features such as InstantSend and ChainLocks, further solidifies its position in the payment space.
From a long-term trend perspective, Dash's price is more than 30% above the 200-day moving average, showing sustained upward potential. Whether for short-term speculators or long-term investors, Dash is a stable asset worth watching.
ENA
Ethena is built on the Ethereum blockchain, creating a synthetic dollar—a digital currency that reflects the value of the dollar without relying on traditional banking systems. Additionally, they have launched 'Internet Bonds', a global, dollar-based savings option accessible to anyone with an internet connection. This is a step towards more inclusive and decentralized finance.
This could mean a reduction in risk during bank failures or regulatory changes. As the cryptocurrency market evolves, Ethena's innovative technology and mission make it an interesting choice for those interested in the future of digital currency.
HBAR
Hedera Hashgraph is a high-performance public ledger designed for enterprises and institutions. Its governing council includes giants like Google and IBM, emphasizing its credibility and focus on businesses. Recent upgrades have enhanced its smart contract capabilities, increasing its appeal in the competitive blockchain space.
HBAR's enterprise-grade solutions and strong support make it an undeniable complement to the best altcoins with 100x potential.
Trading is not about getting rich overnight, but about reasonable profits that can lead to a long-lasting, stable, sustainable, and high-probability source of wealth.