empty
11.04.2025 04:38 PM
Trump makes another step towards crypto market

Bitcoin and Ethereum plunged late yesterday but then managed to recover their positions. For now, the bears still have more strength than the buyers, but this may only be temporary, until Donald Trump finally decides on trade tariffs and duties, and the turmoil in the stock market settles down.

This image is no longer relevant

In the meantime, Trump has taken another step toward regulating the digital asset market. Representative Mike Carey announced yesterday that President Trump signed a resolution to repeal the controversial IRS rule on cryptocurrencies. This move was expected, given that the White House referred to the rule as "midnight madness" in the final days of the previous administration. The rule set requirements for "custodial brokers" to collect and report user data to the IRS.

According to the lawmaker who introduced the measure, President Donald Trump signed a resolution repealing the controversial crypto tax rule that had been developed during the final stretch of the Biden administration.

Earlier this year, Republican Senator Ted Cruz of Texas and Representative Mike Carey of Ohio introduced a joint resolution to overturn the rule, which imposed obligations on "custodial brokers" to gather and report user data to the tax agency. Carey, who was present at the signing on Thursday, stated that this is the first-ever signed legislation on cryptocurrency.

"By repealing this misguided rule, President Trump and Congress have given the IRS the opportunity to refocus on its existing responsibilities to American taxpayers, rather than creating a new layer of bureaucratic hurdles," Carey said in a statement.

Notably, the Senate voted to repeal the rule back in March, followed by the House of Representatives. The measure then returned to the Senate due to its budgetary implications. The vote received some Democratic support, including from Senate Minority Leader Chuck Schumer, although most of the backing came from Republicans.

Trump's signature will officially end the IRS's rulemaking activity related to brokers, which is expected to have a positive impact on the cryptocurrency market and its new participants.

This image is no longer relevant

Technical outlook for Bitcoin

Buyers are currently aiming to reclaim the $81,500 level, which opens a direct path to $82,400. From there, it's a short leap to $83,430. The furthest target is the high near $84,700—breaking above it would signal an end to the bear market. In the event of a decline, buyers are expected to appear around $80,500. If the trading instrument falls back below this zone, BTC could quickly drop to the $79,400 area. The lowest target is $78,200.

This image is no longer relevant

Technical outlook for Ethereum

A clear consolidation above the $1,570 level opens the way to $1,617. The ultimate target is the high around $1,655—breaking through it would mark the end of the bear market. If Ethereum falls, buyers are expected near $1,523. A drop back below this area could quickly send ETH down to the $1,472 zone. The furthest target is $1,430.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Cadangan Dagangan untuk Pasaran Kriptowang pada 26 Jun

Bitcoin dan Ethereum menunjukkan pertumbuhan stabil berikutan ramalan baru mengenai bilangan pengurangan kadar faedah yang dijangka daripada Rizab Persekutuan tahun ini. Satu lagi pendirian yang perlahan daripada Pengerusi

Miroslaw Bawulski 09:19 2025-06-26 UTC+2

Bitcoin Sasar Pertumbuhan Berterusan

Semalam, Bitcoin meneruskan pergerakan menaiknya, didorong oleh nada yang lebih perlahan daripada Pengerusi Rizab Persekutuan, Jerome Powell, mengenai masa depan kadar faedah. Komen berhati-hatinya bahawa Fed akan memantau data ekonomi

Jakub Novak 12:42 2025-06-25 UTC+2

Analisis BTC/USD pada 25 Jun 2025

Corak gelombang pada carta 4 jam BTC/USD kekal jelas secara keseluruhan. Kita menyaksikan satu formasi pembetulan menurun yang tamat berhampiran paras $75,000. Selepas itu, pergerakan menaik yang kukuh telah bermula

Chin Zhao 12:32 2025-06-25 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 25 Jun

Bitcoin dan Ethereum meneruskan lonjakan mereka semalam, yang dipicu oleh berita mengenai gencatan senjata antara Iran dan Israel. Nada lembut Pengerusi Rizab Persekutuan, Jerome Powell, semasa ucapannya di Dewan Perwakilan

Miroslaw Bawulski 09:33 2025-06-25 UTC+2

BTC/USD Kini cuba mencapai tahap 106000. Selasa, 24 Jun 2025.

1. Ringkasan Sentimen Pasaran. Apabila semalam Presiden Trump melembutkan sikap agresifnya terhadap Iran, ia mengurangkan ketegangan geopolitik dunia pada masa ini, menyebabkan beberapa pemain pasaran mula kembali kepada aset berisiko

Arief Makmur 07:36 2025-06-25 UTC+2

Bitcoin dan Ethereum Kembali Mengukuh

Bitcoin dan Ethereum menunjukkan prestasi kukuh. Selepas berjaya bertahan di paras $100,000, pembeli besar kembali aktif seperti biasa dan telah pun menolak harga BTC semula ke kawasan $105,000. Ethereum turut

Jakub Novak 10:52 2025-06-24 UTC+2

Cadangan Dagangan untuk Pasaran Kriptowang pada 24 Jun

Bitcoin dan Ethereum melonjak dengan ketara setelah berita muncul bahawa Iran dan Israel mungkin menghentikan pertukaran serangan mereka. Presiden Amerika Syarikat Donald Trump mengumumkan semalam bahawa Iran dan Israel telah

Miroslaw Bawulski 10:04 2025-06-24 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 23 Jun

Bitcoin dan Ethereum menjunam susulan spekulasi bahawa Iran mungkin akan menyekat Selat Hormuz dan memulakan pengeboman ke atas kapal tangki minyak milik Amerika Syarikat sebagai tindak balas terhadap serangan Amerika

Miroslaw Bawulski 09:07 2025-06-23 UTC+2

Tip Dagangan untuk pasaran kripto pada 20 Mei (sesi Amerika Utara)

Bitcoin dan Ether menunjukkan prestasi yang baik hari ini dari segi pembelian selepas penembusan dalam pasaran menurun semalam. Permintaan kembali ke pasaran mata wang kripto, terutama sekali selepas ketegangan geopolitik

Miroslaw Bawulski 16:20 2025-06-20 UTC+2

Cadangan Dagangan untuk Pasaran Matawang Kripto pada 20 Jun

Bitcoin meneruskan dagangan dalam saluran mendatar, jatuh ke kawasan $104,000 semalam sebelum pulih ke tahap yang lebih boleh diterima iaitu $104,500. Ethereum juga tidak menunjukkan pergerakan arah yang jelas. Walaupun

Miroslaw Bawulski 11:06 2025-06-20 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.