FameEX Morning Crypto News Recap | September 26, 2025
2025-09-26 05:02:32IRS Unveils Draft Revision of W-9 Form, Adding Digital Asset Compliance Rules for 2026
On September 25, the IRS released a draft revision of the W-9 form for January 2026, introducing compliance requirements for digital assets. Cryptocurrency brokers will be required to collect and report transaction data, including capital gains from cryptocurrency and NFT trades. The revision, effective in 2026, aims to improve tax transparency in digital asset transactions.
U.S. Second Quarter Annualized Core PCE Price Index at 2.6%
The U.S. annualized core PCE price index for Q2 was 2.6%, surpassing both market expectations of 2.5% and the previous value of 2.5%.
Goolsbee: Keeping Rates Stable Amid Rising Inflation Is Like a Rate Cut
On September 26, Federal Reserve's Goolsbee argued that maintaining stable interest rates amid rising inflation is like a rate cut.
CryptoQuant Analyst Highlights Low Bitcoin Exchange Traffic, Averaging 70,000 Coins
CryptoQuant analyst Axel Adler Jr. reported that the current average exchange traffic is 70,000 Bitcoin, with a March 2024 peak of 266,000. The 30-day Z value is -0.7, indicating a slight buying trend. All incoming currencies are being purchased, depleting reserves to satisfy demand.
JPMorgan Chase Predicts Gold Prices Will Hit $4050-$4150 per Ounce by 2026
JPMorgan Chase Private Bank forecasts gold prices to reach $4050-$4150 per ounce by mid-2026. A weakening U.S. economy, beneficial for gold, may prompt interest rate cuts. As gold prices rise, investors could explore structured products for better entry points, despite no clear timeline for Fed rate cuts.
Hong Kong Securities and Futures Commission Backs New Electronic Trading Platforms, Enhances Tokenized Market Access
The Hong Kong Securities and Futures Commission aims to support the development of new electronic trading platforms for bonds, foreign exchange, and repurchase agreements. By collaborating with licensed dealers and platforms, it seeks to expand market access for tokenized fixed income and currency products.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.