Key Takeaways:
STRC hit $82.53, testing Michael Saylor’s credit structure as analysts warn of deeper stress.UNI rose 23% as Standard Chartered’s 37x DeFi forecast renewed institutional interest.Illinois’ 0.2% crypto transfer tax starts Jan. 1, 2027, raising fears of startup flight.Editor’s comment:
Considering Saylor built STRC with ChatGPT in a few hours, no one is shocked that it may have some unresolved quirks. The market is going to have to go up rather quickly to save Saylor and silence the growing list of analysts predicting a massive LUNA-esque meltdown.
UNI Climbs 23% in a Day as Standard Chartered Forecast Sparks Fresh Interest
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Editor’s comment:
As Mert put it, this is essentially like moving cash from your left pocket to your right pocket and being taxed on that. Unfortunately, illogical tax laws like this have been very effective at driving wealth, startups, and jobs away from many jurisdictions in Europe, Canada, and elsewhere. The US cannot afford to make the same mistake.
