According to the source, the Trump administration is reviewing a proposal to allow the IRS to access and tax Americans' foreign crypto account data. The source post did not provide an effective date, scope, or implementation details, indicating this is a review stage rather than a finalized rule, per the source. Under current IRS guidance, U.S. taxpayers are taxed on worldwide income, including gains from digital assets, so any expanded access to offshore account data would primarily heighten enforcement and reporting for U.S. persons, according to IRS guidance. Given the source’s report of potential enforcement expansion and the IRS’s worldwide income framework, traders should monitor U.S. exchange inflows, offshore venue liquidity, and any IRS rulemaking updates for possible shifts in market depth and spreads, per the source and IRS guidance.

According to @charlesdhaussy citing 10x Research, Bitcoin (BTC) just triggered its ninth rare pattern, and prior occurrences showed a 70% probability of further upside with an average one-month gain of 12.9% (source: @charlesdhaussy, 10x Research). According to @charlesdhaussy, seven of the last nine signals delivered with an average one-month return of 16%, framing a short-term statistical edge for long positions (source: @charlesdhaussy, 10x Research). According to @charlesdhaussy, spot BTC ETFs saw $3.2B in net inflows this week while exchange BTC balances fell to six-year lows, indicating institutional demand amid tightening on-exchange supply (source: @charlesdhaussy). According to @charlesdhaussy, the IRS clarified crypto gains are not subject to the 15% corporate minimum tax, which the author views as supportive for corporate treasury participation (source: @charlesdhaussy). According to @charlesdhaussy, BTC reached $125K and established a new trading range at $122K–$138K, with the prior $106K–$122K zone viewed as less likely to be revisited near term (source: @charlesdhaussy). According to @charlesdhaussy, a clean break above $138K would redefine BTC’s year-end trajectory, making the range edges and ETF flow momentum key levels and signals to monitor for traders (source: @charlesdhaussy).