Crypto service providers in Crypto-Asset Reporting Framework-participating jurisdictions will start ramping up transaction data collection and begin sharing information in 2027. Crypto investors across 48 countries will start to have their crypto wallet transaction data recorded for tax purposes this year, as the long-awaited Crypto-Asset Reporting Framework rolls out globally. CARF, an international tax transparency framework developed by the OECD, officially goes into effect in 2027. However, as of Jan. 1, crypto service providers in participating jurisdictions — including centralized and certain decentralized exchanges, crypto ATMs, and brokers and dealers — are already required to begin collecting the necessary transaction data. Read more
Based on Bitcoin's realized price and past performance, CryptoQuant’s Julio Moreno predicts that Bitcoin will bottom around $56,000 to $60,000 in 2026. Bitcoin may already be two months into a bear market, according to certain metrics such as the one-year moving average, says CryptoQuant’s head of research. During an episode of the Milk Road show on Thursday, CryptoQuant’s Julio Moreno said most of the metrics he uses for the bull score index turned bearish in early November and have yet to recover. The index measures market conditions using indicators like network activity, investor profitability, Bitcoin demand, and liquidity, and ranges from 0 to 100. Read more
Polymarket traders are holding back their optimism back for Bitcoin this year, despite many analysts tipping the price to hit $150,000 and above. Prediction market traders on Polymarket are tipping 21% odds of Bitcoin hitting $150,000 this year, despite many analysts seeing 2026 as a belated bull year for Bitcoin. According to the current market, “What price will Bitcoin hit before 2027?” Polymarket shows 45% odds of Bitcoin reaching $120,000, a price point below its all-time high. The odds fall further at $130,000, with just a 35% probability, while $140,000 has a 28% chance and $150,000 has a 21% chance. Read more