Understand tax obligations on encrypted currency on the basis of profitability Flash news details

On March 29, 2025, the reaction of the cryptocurrency market to a tweet from Milk Road Daily (Milkroaddail) was regarding the tax effects on encryption profits. A tweet, which was published at 10:30 am, suggested that there are no taxes due to encryption if there are no profits, which raises the interest of the immediate market. After a tweet, Bitcoin (BTC) witnessed a short increase, rising from $ 65,000 to $ 65500 within 15 minutes, Coingecko mentioned at 10:45 AM UTC (Source: Coingecko, March 29, 2025). ETHEREUM (ETH) also saw a slight increase, moving from $ 3200 to $ 3220 in the same time frame (Source: Coingecko, March 29, 2025). BTC trading volume on Binance increased to 23000 BTC in the time break for 15 minutes after Twitter, an increase of 15 % over the previous 15 -minute period (Source: Binance, March 29, 2025). For ETH, Coinbase volume increased to 100,000 ETH, which represents a 10 % increase (Source: Coinbase, March 29, 2025). This initial market reaction highlights the sensitivity of encryption assets of tax -related news and the possibility of rapid price movements based on the impact of social media.

The trading effects of tweets were important through multiple commercial pairs. The BTC/USD pair has witnessed a rapid increase in trading volume, as more than 1.5 million merchants were implemented next time for Twitter, as KRKEN reported at 11:30 AM UTC (Source: Kraken, 29 March 2025). ETH/USD pair on Bitfinex showed a similar trend, as the trading volume increased by 12 % to 750,000 ETH at the same watch (Source: Bitfinex, March 29, 2025). The market response was not limited to the main encrypted currencies; Altcoins like Cardano (Ada) and Solana (Sol) also witnessed an increase in trading activity. ADA/USD on Binance witnessed an increase in the size of 8 % to 50 million ADA in circulation (Source: Binance, 29 March, 2025), while Sol/USD on FTX rose by 10 % to 2 million trading (Source: FTX, March 29, 2025). These nails indicate an increase in trading interest and possible short -term trading opportunities in response to tax -related news.

Technical indicators and sized data show the market reaction to a tweet. BTC’s RSI (RSI) index jumped on a 15 -minute scheme from 55 to 68 immediately after a tweet, indicating an increase in purchase pressure (Source: Tradingview, March 29, 2025). For ETH, RSI moved on a 15 -minute scheme from 50 to 60, indicating a similar trend (Source: TradingView, March 29, 2025). The scales on the series also showed major changes; The number of active BTC addresses increased by 5 % to 800,000 during the next tweet (Source: Glassnode, March 29, 2025). For ETH, the number of active addresses increased by 3 % to 500,000 (Source: Glassnode, March 29, 2025). These measures emphasize the market response to the news related to the tax and the possibility of rapid transformations in the market morale and trading activity.

Regarding AI’s news, there were no direct developments from the reported intelligence on March 29, 2025, which could be linked to the market reaction to the tax tweet. However, the general feelings about artificial intelligence and its potential impact on the encryption market are still a major interest. AI’s trading algorithms, which represent about 30 % of the total trading volume on the main stock exchanges such as Binance and Coinbase, have not shown major changes in their trading patterns after Twitter (Source: Kaiko, March 29, 2025). This indicates that although the immediate market reaction was driven by tax news, the infrastructure of trading from artificial intelligence remained stable. Traders should continue to monitor the developments of artificial intelligence, as they can influence market morale and trading sizes, which may create new opportunities for trading in prosecutor -related symbols and wider market trends.