Michael Saylor blasts Illinois crypto tax as “Big Mistake”
Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. Summary Michael Saylor called Illinois’ new 0.2%…
Glassnode Signals Bitcoin Base Building as Traders Push Price Back Above $65,700
Key Takeaways Bitcoin hit $64,503 before rebounding, leaving BTC nearly flat at 0.1% for June 17. Glassnode says BTC demand improved as spot CVD went from negative to breakeven. Analysts warn of thin liquidity, with spot volume down 40.4% as…
SpaceX SEC Filing: 18,712 BTC Still on Balance Sheet Post-IPO
SpaceX filed a Form 8-K with the US Securities and Exchange Commission (SEC) on June 15, 2026, days after closing one of the largest US IPOs in recent memory, and the document confirms what the earlier S-1 registration statement had…
Bitcoin in Danger: Here’s Why BTC May Dump in the Short Term
The primary cryptocurrency has staged a clear rebound from its multi-year low below $60,000 and is currently hovering around $65,000. However, a number of analysts believe the cycle bottom has yet to be reached, projecting a plunge under $50,000. Red…
A Second Nation Just Built a State Bitcoin Mining Pool — Oman’s Omanhash.om Redraws the Map
Key Takeaways Oman’s MTCIT launched Omanhash.om on June 17, 2026, making it the only legal bitcoin mining pool for all licensed operators in the Sultanate. Enegix Global now operates approximately 25 EH/s across 3 sovereign and international pools, targeting 30…
SEC nears tokenized stock exemption as Coinbase eyes U.S. launch
The U.S. Securities and Exchange Commission has moved closer to allowing tokenized stock trading as industry participants expect a new regulatory exemption that could support upcoming offerings from crypto firms, including Coinbase. Summary SEC is reportedly preparing an innovation exemption…
Strategy’s STRC Nears Record Low as Bitcoin Buying Draws Fire
The Saylor-led Strategy perpetual preferred stock STRC dropped 3.58% to $91.79 on Tuesday, hitting near-record lows and sitting 8.2% below its $100 par value, and the reason matters beyond one bad session. The decline signals a direct collision between Michael…
France Quietly Overtakes Spain as Two World Cup Prediction Markets Near $3B in Combined Volume
Key Takeaways Polymarket’s World Cup winner market has logged $2.54 billion in total volume, with France leading at 18% odds. Kalshi places France at 19.2% and Portugal third at 11%, with $333.7 million traded on that platform alone. Portugal opens…
Japan moves to cut crypto tax to 20%: why it matters
The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond Japan, and most of the coverage is getting the details wrong. Summary Japan has taken…
Can BitGo Save Binance? Inside the MiCA Compliance Lifeline
With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over…
