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Jack Dorsey is calling for tax-free Bitcoin payments, and the timing couldn’t be more symbolic. His company, Square, has just enabled Bitcoin transactions for businesses, allowing merchants to accept BTC seamlessly through its checkout and point-of-sale tools. The move is paired with Dorsey’s push for a de minimis tax exemption on small transactions. This could bring Bitcoin closer to the status of everyday money in the US.

Bitcoin is showing why it’s still the industry’s top coin. But for traders chasing the next asymmetric breakout, the conversation is moving to DeepSnitch AI. This is a presale project up over 19% from its opening price with more than $343,000 raised so far. Many believe it could replicate a fraction of Bitcoin’s historic 165,000% surge in the coming bull run.

Square founder pushes for tax-free Bitcoin payments

Jack Dorsey, the founder of payments firm Square, reinstated a major policy debate this week by urging lawmakers to make small Bitcoin payments tax-free.

Speaking after Square’s launch of integrated Bitcoin payment services for merchants, Dorsey said the company’s goal was simple. It wants to make Bitcoin usable “as everyday money.” The new feature allows merchants using Square’s checkout and POS systems to accept BTC directly from customers. Additionally, instant fiat conversion options are available.

The bigger point came from Dorsey’s call for a “de minimis tax exemption”. This is a rule that would exclude small crypto transactions, under $300, from capital gains taxation. Under current US tax laws, any increase in Bitcoin’s price between the time of purchase and sale creates a taxable event. That complexity has long limited Bitcoin’s use in daily commerce.

US Senator Cynthia Lummis, one of the country’s most active crypto supporters, supported Dorsey’s remarks. She pointed to a bipartisan proposal already under review that includes a $5,000 annual exemption cap. She argued that removing tax friction on microtransactions could unlock millions of new Bitcoin users who simply want to pay or tip without complicated reporting requirements.

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Market update for top cryptos: DeepSnitch AI could recreate a fraction of Bitcoin’s 165,000% rise

DeepSnitch AI: Can it replicate a fraction of 1650x?

DeepSnitch AI’s presale has already raised more than $343,000 in the first stage of its ongoing presale, with 14 more stages to go. Moreover, its price has increased by over 19% from the opening price due to completed countdowns and massive demand. DeepSnitch AI is in that phase where even small inflows can multiply potential gains. The same early zone Bitcoin occupied before its historic ascent.

What makes DeepSnitch AI stand out is its combination of narrative hype, utility, and timing. It is building an architecture that gives traders access to AI risk detection tools. There will be a “scam filter” that scans wallets and smart contracts for red flags before investors click “buy”. In a cycle where retail traders are routinely burned by rug-pulls and pump.fun-style projects, that protection utility could drive massive organic adoption once the token lists.

DeepSnitch AI reduces the gap between professional and casual traders by delivering real-time data and signals before information decays. Big institutions and whales traditionally win because they have access to the data first. DeepSnitch AI hands that advantage back to smaller traders in a single dashboard, potentially changing how retail operates in the next bull market.

The broader AI coin market gives even more excitement to this thesis. Analysts project the global AI sector to increase by 25 times by 2033, and nearly half of crypto investors believe AI tokens will outperform the rest of the market by 2025. Positioned within that growth zone, DeepSnitch AI doesn’t need much to hit $1.

Even a fractional 10,000% or 20,000% move would rewrite ROI records for presale entrants. However, only those who take action now will likely get the most returns.

Bitcoin price prediction 2025 and beyond

Luxembourg’s sovereign wealth fund recently allocated 1% of its portfolio to Bitcoin ETFs. It is the first such move in the Eurozone. Despite the latest Bitcoin crash to around $108,000, sentiment remains cautiously bullish. The 14-day RSI is still holding mid-range, suggesting cooling momentum rather than a full reversal, while the 50-day and 200-day SMAs continue trending upward.

Bitcoin price predictions see it moving toward $139,858 by January 2026. Moreover, the Fear & Greed Index shows strong investor appetite.

Traders are eyeing $102,000-$105,000 as a short-term support band. If that holds, institutional inflows and sovereign ETF allocations could keep Bitcoin’s macro structure intact heading into 2025.

Ethereum market update

ETH’s slipped to around $3,800 after following Bitcoin’s overnight dump. Momentum’s cooled off but not collapsed. The 14-day RSI is mid-range, showing the market’s just catching its breath. The Fear & Greed Index has easedback toward neutral, a healthy reset after weeks of overheated sentiment.

Traders are watching $3,700 as short-term support and $4,200–$4,400 as the next bounce zone if flows turn risk-on again. The structure’s still intact; this looks more like digestion than breakdown. As long as ETH holds these levels, the next leg higher stays on the table.

Final verdict

Bitcoin’s growth to a 165,000% lifetime gain is a reminder of what’s possible when timing meets conviction. But that scale of return is off the table at today’s trillion-dollar valuation. DeepSnitch AI, on the other hand, sits where Bitcoin once did. Currently, it is a small, fast presale that combines active trading tools with an AI application.

Its data model, scam-filtering AI, and growing presale traction show why early participants are calling it the next generational opportunity. Whether it matches a fraction or a multiple of Bitcoin’s historical performance, DeepSnitch AI is already proving one thing. Momentum is back, and people finally have a project built to provide massive returns.

If you don’t want to be left behind, visit the official presale website and secure your spot.

FAQs

What is the current Bitcoin price prediction?

Analysts expect Bitcoin to reach $139,858 by early 2026. Strong institutional inflows and bullish market sentiment support this.

Can DeepSnitch AI replicate Bitcoin’s 165,000% performance?

Matching Bitcoin’s exact run is unlikely for any asset. However, DeepSnitch AI’s low cap, strong presale momentum, and practical AI utility give it the upside potential to deliver hundreds of multiples once it lists.

Is Bitcoin still a good buy for new investors?

Bitcoin remains a solid long-term store of value. But its size limits the potential for massive returns for small traders. Traders seeking higher growth often explore presales like DeepSnitch AI for asymmetric upside.