Crypto Exchanges to Automatically Report Your Data to Tax Authorities Starting 2026 - What You Need to Know
The taxman cometh for crypto - and he's bringing automated reporting with him.
The New Reporting Reality
Starting 2026, cryptocurrency exchanges will directly feed your trading data to tax authorities without you lifting a finger. No more 'forgetting' to report that meme coin moon shot or DeFi yield farming bonanza. The digital paper trail just got automated.
Privacy advocates are screaming bloody murder while tax collectors are practically doing victory laps. Another win for financial surveillance dressed up as 'compliance efficiency.'
The compliance hammer drops in 2026 - better get your records straight before the algorithm comes knocking.
Sharplink boosts Ethereum treasury as bulls eye breakout above key resistance
Ethereum is trading at $4,238, up 7.53% in the past 24 hours and 4.61% over the week, per market data from crypto.news. The second largest crypto by market cap is reclaiming ground lost earlier in October and tests a critical resistance zone near $4,250.
ETH has been trending higher since bouncing off support around $3,750, staging a strong recovery that now brings it within range of its October high at $4,734. The momentum shift suggests renewed buying pressure, with bulls eyeing a potential continuation toward the upper levels of this range.
On the bullish side, a clear break and close above $4,253 could confirm a short-term breakout, setting the stage for a MOVE toward $4,730–$4,750, which marks the previous monthly high. The RSI is rising, signaling growing bullish momentum that supports this potential extension.
However, a failure to sustain above $4,200 could trigger a pullback, with downside support resting around $3,750. A close below that level, though very unlikely given improving market sentiment, WOULD weaken the current setup and open the door for further correction toward the $3,600 zone.
For now, ETH’s technical outlook remains constructive. Steady volume, continued Ethereum treasury activity, and strengthening momentum all point to a market regaining its footing.
