The Blockchain Association, a prominent crypto lobbying group, has submitted a formal proposal to the U.S. Congress advocating for significant changes to cryptocurrency tax policy. The proposal, released on Tuesday, calls for a de minimis exemption for "low-dollar" crypto transactions, arguing that taxing negligible gains from routine purchases imposes disproportionate costs on individuals and tax administrators without meaningful revenue benefits.
Additionally, the association recommends that stablecoins be treated as cash for ordinary purchases. However, the group confirmed its support for applying the Wash-sale rule to digital assets. This development marks a step toward clearer crypto tax regulations as U.S. policymakers work on a comprehensive crypto tax bill.
Amid these regulatory discussions, market attention is shifting toward new presale tokens, particularly DeepSnitch AI (DSNT). The AI-powered crypto intelligence platform has raised over $1.73 million in its presale, with tokens priced at $0.04164. The project recently launched its fully operational on-chain intelligence layer, featuring AI agents that track whale wallets, flag sentiment shifts, and scan smart contracts for risks.
DeepSnitch AI is also offering tiered presale bonuses ranging from 30% to 300% for investments between $2,000 and $30,000, fueling speculation of significant returns. Analysts project potential 100x gains for DSNT in 2026, with a baseline price target of $4.5 should the platform reach 1.45 million users.
The news also covers other tokens: Bitcoin Hyper (HYPER), a Bitcoin layer-2 scaling solution using the Solana Virtual Machine, is in presale with over $31 million raised. Price forecasts suggest HYPER could reach an average of $0.12 in 2026 and $0.30 by 2030. Pump.fun (PUMP) is showing a rebound, up 2.8% recently, with analytical forecasts pointing to a potential rise to $0.313354 by December 2026. Power Protocol (POWER) and Dent (DENT) are also mentioned for their recent explosive price movements, with POWER surging 395% in February and DENT more than doubling in price within 24 hours.
