Today’s Insider ⬇️
🚨Crypto Regulatory Enforcement: U.S. crypto users see a surge in IRS inquiries for financial filings.
🏦 New Flag Bearer for Crypto Treasury? Metaplanet boosts Bitcoin treasury with fresh 1,005 BTC acquisition
🚀Tokenized Stocks Go Mainstream: Backed Finance launches tokenized stocks for major exchanges
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $107,610 | -0.45% | +74% |
Ethereum | $2,462 | +0.55% | -27% |
Solana | $150 | -0.50% | +6% |
XRP | $2.18 | -0.25% | +362% |
S&P 500 | $6,173 | +0.52% | +4.96% |
Gold | $3,286 | +0.37% | +25% |
1. U.S. Crypto Users See a Surge in IRS Inquiries as National Interest Intensifies
No exemption for crypto users: The IRS has significantly increased enforcement on crypto investors, issuing a surge of tax compliance letters over discrepancies in digital asset filings.
🔎 Insider Insight: The IRS crackdown signals heightened scrutiny of crypto transactions as the agency accesses exchange data to close reporting gaps. This serves as a warning for crypto users to ensure accurate filings, as non-compliance risks steep penalties amid intensified regulatory oversight.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX)’s Super App to Cater to Every Kind of Trader
As streamlined trading becomes increasingly essential for everyday traders, platforms like BlockchainFX (BFX) are positioning themselves at the forefront of this change. This presale star particularly allows users to trade diverse digital assets, ranging from cryptocurrency, forex, stocks, indices, and commodities, all in a single place.
What does this presale offer? BlockchainFX’s multi-layer incentive for active participation, coupled with exclusive membership that comes with several benefits such as a custom BFX Visa Card and up to $25,000 in trading credit, sets it apart from its peers.
🔎 Insider Insight: Thanks to its low presale price of $0.0145, BlockchainFX is now close to reaching the $3 million funding milestone. While a positive outlook reflects growing interest in the project, the project’s multi-market appeal also positions it as a strong challenger to major platforms like Binance and Robinhood.
2. Metaplanet Doubles Down on New Hobby with Fresh BTC Acquisition
New flag bearer for crypto treasury? Metaplanet acquires 1,005 BTC, boosting its holdings to 13,350 BTC and issuing $208M in 0% bonds to fund further Bitcoin purchases.
🔎 Insider Insight: Just like MicroStrategy, Metaplanet’s aggressive Bitcoin strategy highlights its commitment to positioning BTC as a hedge against inflation and fiat devaluation. Its ambitious “555 Million Plan” and rising stock price reflect investor confidence in Bitcoin-focused treasury strategies, further solidifying its role as a top corporate Bitcoin holder.
Which of these devices is commonly used to store crypto offline?
3. Backed Finance’s xStocks Debuts Tokenized U.S. Equities on Top Exchanges
Streamlined portfolio management? Backed Finance launches xStocks, enabling 24/7 trading of tokenized U.S. equities like Apple and Tesla on platforms like Bybit, Kraken, and Solana-based DeFi protocols.
🔎 Insider Insight: By tokenizing U.S. stocks with 1:1 backing and ensuring regulatory compliance, Backed Finance bridges traditional finance (TradFi) and DeFi. This innovation democratizes global access to U.S. equities, offering investors flexibility, lower costs, and new opportunities to integrate stocks into decentralized ecosystems.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
