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Crypto Lobby Pushes Congress To Keep Staking And Mining Tax Bill Intact
TL;DR Crypto trade groups are urging Congress to advance H.R. 9175 without changes. The bill would clarify when mined and staked digital assets are taxed, a key issue for validators and miners. Banks are pushing back against provisionsBitcoinistEthereum Staking Tax Debate Erupts Over Validator Redirected Revenue Proposal
TL;DR A new Ethereum Research proposal explores validator redirected revenue as a way to fund ecosystem public goods. The idea has sparked debate because critics may view mandatory redirection mechanics as a staking tax. The proposal isBitcoinistBitcoin Loses $63,500 Support As Heatmaps Show Liquidity Building Above Price
TL;DR Bitcoin has lost the $63,500 support level that had repeatedly attracted buyers, according to The Martini Guy. A related heatmap post pointed to liquidity building between roughly $65,500 and $66,500 above price. The setup leavesBitcoinistCboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
Cboe launches prediction markets-style binary options tied to the Mini-S&P 500 Index, scaled to one-tenth the S&P 500 benchmark, allowing traders to take yes-or-no positions through broker platforms including Interactive Brokers, with fixedbitcoin.comCrypto’s Liquidity Outlook Darkens as Fed Hawkish Pivot Pushes Hike Odds to 77%
Crypto markets faced tighter liquidity conditions after the Federal Reserve held rates steady and signaled stronger inflation concerns. Wintermute said tighter policy could reduce the flow of liquidity entering crypto through ETFs, stablecobitcoin.comBitcoin Suisse Wins MiCAR License As European Crypto Expansion Accelerates
TL;DR Bitcoin Suisse has received a MiCAR CASP license from Liechtenstein’s Financial Market Authority. The approval gives the Swiss crypto firm a clearer route to serve selected EEA markets from its European entity. The move shows howBitcoinistXRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance
XRP withdrawal transactions on Binance overtook deposits for several days, while similar shifts were observed across other crypto exchanges, including Coinbase and Bybit. The shift occurred as XRP traded near recent lows, pointing to a chanbitcoin.comCoinidol.com: Bitcoin Continues Its Hold above $60,000
The Bitcoin (BTC) price rose to a high of $67,259 before being repulsed. BTC Price Long-Term PreCoinIdol12 Altcoins Flash Accumulation Signals as 6 Others See Exchange Inflows
An analysis revealed several altcoins recorded stronger outflows than inflows, a pattern often associated with accumulation. At the same time, a group of larger cryptocurrencies saw higher inflows, reflecting contrasting positioning strategbitcoin.comKOSPI Shock Sends Fresh Warning Across Bitcoin And Risk Assets
TL;DR South Korea’s KOSPI suffered a near-10% drop after regulators warned over leveraged ETF risk tied to major chip stocks. The move matters for crypto because Bitcoin has been trading like a high-beta risk asset during the latest macNEWSBTCRipple Nears 30-Country Payments Rollout After Preliminary MiCA Approval
Ripple has obtained preliminary approval under the EU’s Markets in Crypto Assets (MiCA) framework for a Crypto Asset Service Provider license, positioning it to expand regulated services across all 30 countries in the European Economic Areabitcoin.comSpot Bitcoin And Ether ETFs Bleed $134M As Institutions De-Risk
TL;DR US spot Bitcoin and Ether ETFs saw combined outflows of about $134 million for the June 22 session. The flow data points to institutional de-risking as crypto prices remain under pressure after the holiday break. The story mattersNEWSBTCEnso Connects 500+ Tokenized Assets Through xStocks and Ondo, Cutting Friction
Enso, an onchain finance platform, has launched its real-world assets (RWA) app and announced major integrations to solve the fragmentation of tokenized real-world assets. Key Takeaways:Enso has launched its RWA app, opening access to overbitcoin.comCrypto’s Clarity Act Has a New Enemy: Catholic Leaders
The crypto industry’s long-coveted Clarity Act has attracted plenty of opponents in recent months, among them Wall Street leaders, consumer advocates, law enforcement groups, and Native American tribes. Now, the market structure bill has atDecryptEthereum Users Jump 86% as Tokenized Assets Reach $203 Billion
Ethereum’s first-quarter data showed a clear split: user activity reached record highs while fees and market value fell. The report points to a network scaling aggressively as tokenized assets, stablecoins, and institutional finance continubitcoin.comMark Zuckerberg Wants a Prediction Market Too: NYT
First it was stablecoins. Then it was the metaverse. Now it’s prediction markets. Under Mark Zuckerberg, Meta has made a series of bets on crypto-adjacent tech, and now the social media giant could be preparing for its next one in light ofDecryptChainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement
Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s existing T+2 settlement cycle with rebitcoin.comBitcoin Liquidity Trap Warning Says Thin Upside Could Come Before $60,000 Sweep
TL;DR Merlijn Trader says Bitcoin has thin liquidity above price and a larger liquidation wall near $60,000 below. The setup could create a move higher first before a sharper downside sweep, according to the analyst. The article treatsBitcoinistBitcoin Traders Defend $62,000 Support as $171M Liquidation Wave Hits Top Crypto
Bitcoin dropped roughly 3.6% in 24 hours, hitting an intraday low of $61,860 before finding support just above $62,000.This slide dragged its market capitalization down to $1.25 trillion and wiped nearly 3% off the total crypto market cap.bitcoin.comFormer Ethereum Foundation Researchers Launch Ethlabs With BitMine And SharpLink Backing
TL;DR Ethlabs has launched as an independent nonprofit focused on Ethereum protocol R&D. The group is backed by BitMine, SharpLink, and Joe Lubin, according to the announcement. The launch adds another institutional-looking developmNEWSBTC
