US crypto tax bill introduced

Senate Republicans introduced a crypto tax bill focusing on taxation of digital assets, including staking, mining, and wash sales. The bill follows House Ways and Means Committee approval of a similar proposal.

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$DAO


Analysis: Price is around $118.34 with a short liquidation at this level, suggesting nearby short-side positioning. With limited market data, bias remains cautious; rejection below $119.00 favors a short continuation.


Liquidation/Data: Short liquidation $2.0201K at $118.34


Support: $116.80

Resistance: $119.20

Entry: $118.20–$118.80

TP1: $117.20

TP2: $116.20

TP3: $114.80

SL: $119.60


Trigger: Rejection from $118.80–$119.20 followed by a break below $117.80.


Invalidation: Sustained breakout and reclaim above $119.60.


NFA • DYOR


#Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls #US crypto tax bill introduced #Sharon AI secures GPU financing #XRP Ledger lending protocol update #MetaMask exits Ethereum validators

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$SOL


Analysis: Price is around $118.34 with a short liquidation at this level, suggesting nearby short-side positioning. With limited market data, bias remains cautious; rejection below $119.00 favors a short continuation.


Liquidation/Data: Short liquidation $2.0201K at $118.34


Support: $116.80

Resistance: $119.20

Entry: $118.20–$118.80

TP1: $117.20

TP2: $116.20

TP3: $114.80

SL: $119.60


Trigger: Rejection from $118.80–$119.20 followed by a break below $117.80.


Invalidation: Sustained breakout and reclaim above $119.60.


NFA • DYOR


#Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls #US crypto tax bill introduced #Sharon AI secures GPU financing #XRP Ledger lending protocol update #MetaMask exits Ethereum validators

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$LINK — Chainlink is trading around 14.2037, putting the current price zone firmly on the watchlist.


Entry: 14.10 – 14.25


TP1: 14.60

TP2: 15.10

TP3: 15.80


SL: 13.70


Chainlink provides blockchain infrastructure for external data and cross-chain communication, while LINK plays an important role in the Chainlink ecosystem.


The current setup keeps the focus on a defined entry range, progressive targets and controlled risk. Watch volume and price reaction at each level before making the next move.


Let's go $LINK #🚀 CT Surges 33% to $0.50: What’s Driving the Rally? #📉 US Core PCE Falls to 3%: Will Rate-Cut Hopes Rise? #🔥 Micron Earnings Beat: AI Demand Still Running Hot? #10-Year Treasury Yield Tops S&P 500 Earnings Yield #US crypto tax bill introduced

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$ETH — Ethereum is trading around 2,681, giving traders a clearly defined zone to watch.


Entry: 2,670 – 2,690


TP1: 2,740

TP2: 2,810

TP3: 2,900


SL: 2,600


Ethereum powers smart contracts, decentralized applications, tokens and a large ecosystem of Layer 2 networks. ETH is also used for transaction fees and network staking.


The setup is focused on disciplined execution around the current price area. Monitor volume and price reaction at each target instead of chasing volatility.


Let's go $ETH #Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls #US crypto tax bill introduced #📉 US Core PCE Falls to 3%: Will Rate-Cut Hopes Rise? #10-Year Treasury Yield Tops S&P 500 Earnings Yield #🔥 Micron Earnings Beat: AI Demand Still Running Hot?

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$HBAR — Hedera is trading around 0.10243, with the 0.10 area remaining an important zone to watch.


Entry: 0.10150 – 0.10250


TP1: 0.10500

TP2: 0.10800

TP3: 0.11200


SL: 0.09750


HBAR is the native asset of the Hedera network and is used for network transactions, smart contracts, token operations and staking.


With volatility still present, the key is controlled execution. Watch the entry range, volume and reaction around each target while keeping the stop level protected.


Let's go $HBAR #🚀 CT Surges 33% to $0.50: What’s Driving the Rally? #📉 US Core PCE Falls to 3%: Will Rate-Cut Hopes Rise? #🔥 Micron Earnings Beat: AI Demand Still Running Hot? #10-Year Treasury Yield Tops S&P 500 Earnings Yield #US crypto tax bill introduced

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$BTC — Bitcoin is trading around 84,184, keeping the market focused on this major price zone.


Entry: 83,900 – 84,300


TP1: 85,200

TP2: 86,500

TP3: 88,000


SL: 82,900


Bitcoin remains the core asset of the crypto market and its price action can influence liquidity and volatility across the wider market.


The setup is built around controlled entry, clear targets and defined risk. Watch volume and price reaction at each level before increasing exposure.


Let's go $BTC #🚀 CT Surges 33% to $0.50: What’s Driving the Rally? #Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls #US crypto tax bill introduced #Sharon AI secures GPU financing #XRP Ledger lending protocol update

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Illinois Postpones Disputed Crypto Tax Illinois government officials have agreed to postpone implementation of a controversial digital asset transaction tax at 0.2% for six months amid persistent backlash from industry interest groups. The suspension stems from emergency talks organized by the Digital Chamber and the Illinois Blockchain Association.

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🇺🇸 నిన్న #USSenate లో రెండు కీలక బిల్స్ పై proceedings జరిగాయి. Crypto మార్కెట్‌కు సంబంధించి ఇందులో కొన్ని ఇంట్రెస్టింగ్ updates ఉన్నాయి. 🆕 Crypto Tax Bill Senate లో ఈ 56 page కొత్త బిల్లును అఫీషియల్‌గా introduce చేశారు. ఇది #stablecoins ద్వారా చేసే చిన్న చిన్న purchases కి tax exemption ఇవ్వాలని ప్రతిపాదిస్తుంది. అలాగే fake losses చూపించి tax benefits పొందే loopholes ను మూసేయడానికి crypto పై wash sale rules ను కూడా తీసుకురావాలని కోరుతోంది. ❌ Stop Insider Trading Act Congress సభ్యులు అలాగే వారి ఫ్యామిలీ మెంబర్స్ public stocks లో trading లేదా investments చేయకుండా ఆపాలని తెచ్చిన ఈ bill, అవసరమైన 60 votes రాకపోవడంతో Senate లో fail అయింది.

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🚨 SEC JUST ADDED MORE CRYPTO CLARITY The SEC’s Corp. Fin. staff released new FAQs covering crypto classification, Howey, staking receipts, functional networks and token buybacks. ⚖️ More regulatory clarity = less uncertainty for the industry a notable development for $XRP, $BTC & crypto. 🏛️⚡️📈 #XRP #Crypto

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GENIUS Act gave the U.S. its first federal stablecoin framework. Now Senate Republicans are moving the next piece: tax rules that treat digital assets like the financial instruments they actually are. Daines’ draft would exempt small stablecoin payments and sub-$10 network fees from taxable events, clarify staking/lending, and apply wash-sale rules instead of leaving everyone in IRS gray area. House already advanced companion language. Clarity isn’t a headline — it’s the on-ramp for real usage. Something big is coming because the plumbing is being built.