Two-thirds of crypto investors unaware of new IRS tax rules that could cost them thousands of dollars, Coinbase and CoinTracker warn

A recent report from Coinbase and CoinTracker indicates that two-thirds of cryptocurrency investors are unaware of new IRS tax regulations, which could lead to significant financial repercussions. This lack of awareness may impact market sentiment and risk appetite among crypto investors, potentially leading to reduced capital flows into the sector. The assets most exposed include cryptocurrencies and related equities, particularly Coinbase (COIN), as regulatory compliance becomes a critical factor for investor confidence. Traders will be closely watching for any updates from the IRS or further guidance on these tax rules, as clarity could influence trading strategies and market dynamics in the crypto space.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.