U.S. lawmakers are preparing to weigh a proposal that could remove a key tax friction for everyday Bitcoin (BTC) use, as markets digest fresh institutional flows, a wave of derivatives liquidations, and new security warnings targeting crypto wallet users. According to reporting shared by journalist Pete Rizzo, members of the U.S. House of Representatives are expected to discuss applying a ‘de minimis’ exemption to small Bitcoin payments—effectively reducing capital gains tax obligations on low-value transactions to near zero. The initiative aims to address a long-standing issue in U.S....

The Trump crypto empire has reportedly generated an estimated $2.3 billion in profits as its network of digital asset ventures expanded rapidly across the cryptocurrency market. While the projects achieved remarkable financial success, many investors experienced significant losses, reigniting discussions about crypto risk, political influence, and accountability. A major driver of these earnings was World Liberty Financial (WLFI), a decentralized finance platform closely associated with the Trump family. Reports indicate that Trump-linked entities were entitled to 75% of governance token sale...

Bitcoin (BTC) traded near $61,100 on June 9, extending a weekly decline of roughly 10% as continued institutional selling and persistent ETF outflows weighed on market sentiment. Despite the downturn, Binance founder Changpeng Zhao (CZ) encouraged investors to remain patient, emphasizing that Bitcoins current weakness does not signal the end of its long-term growth story. In a brief but widely shared message, CZ reassured the crypto community by stating that Bitcoin would not remain dead for long and urged holders not to panic. His comments came as BTC remained more than 50% below its October...

Blockstream CEO Adam Back has strongly criticized BIP-110, describing the proposal as technically flawed and warning that its activation could lead to a contentious Bitcoin fork. His comments, made on June 8, came as debate around the Bitcoin Improvement Proposal intensified across the cryptocurrency community. BIP-110 aims to limit non-financial data stored in Bitcoin transactions through a user-activated soft fork (UASF). Unlike previous major Bitcoin upgrades, the proposal seeks to move forward without broad miner consensus, a strategy that has sparked significant controversy among...

Cardano (ADA) has posted three consecutive days of gains, recovering from a multi-year low of $0.148 to trade near $0.167 as investors position themselves ahead of the highly anticipated Leios testnet launch scheduled for June 23, 2026. The recent 12% rebound has sparked renewed interest in ADA, with many traders wondering whether the upcoming network upgrade can drive a stronger bullish trend. The Leios upgrade is considered one of the most significant developments in Cardanos history. Designed to dramatically improve scalability, Leios aims to increase the networks capacity from roughly...

Kalshi has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch perpetual futures contracts for Hyperliquid (HYPE), further expanding its growing portfolio of crypto derivatives products. The move follows the successful introduction of Bitcoin and Ethereum perpetual futures trading for U.S. users and highlights Kalshis continued push into the digital asset market. The filing marks another step in the evolving relationship between Kalshi and Hyperliquid. Both platforms previously collaborated on a major HIP-4 infrastructure upgrade that integrated Kalshis...

Fresh on-chain data analyzed by Glassnode paints a troubling picture for XRP Ledger in June 2026, suggesting the network is struggling after the speculative surge that fueled major growth throughout 2025. According to the latest blockchain metrics, XRP is now experiencing declining network activity, growing investor losses, and weakening market fundamentals. One of the clearest indicators of this downturn is the realized profit and loss ratio (90-day SMA), which has fallen to just 0.38. This means that for every $1 in realized losses, investors are generating only $0.38 in realized profits....

Veteran trader Peter Brandt has highlighted a key technical pattern that could signal further downside for Bitcoin, raising doubts about the possibility of a crypto market summer rally in 2026. Brandt recently shared an analysis of the ProShares UltraShort Bitcoin ETF (SBIT), a leveraged investment product designed to deliver twice the inverse daily performance of Bitcoin. The latest SBIT chart, originally brought to Brandts attention by market analyst Dan Chesler, reflects the ongoing weakness across the cryptocurrency market. Since the beginning of 2026, Bitcoin has dropped nearly 30%,...

Binance has announced the removal of several cryptocurrency trading pairs from its spot market, including the Cardano (ADA) and Midnight (NIGHT) pairs against Binance Coin (BNB). The exchange confirmed that the affected trading pairs will be delisted on June 12, 2026, at 03:00 UTC as part of its ongoing review process aimed at maintaining a high-quality trading environment. The trading pairs scheduled for removal are ADA/BNB, DUSK/BTC, EGLD/ETH, ENSO/BNB, LSK/USDC, NIGHT/BNB, and S/BNB. These pairs involve popular digital assets such as Cardano (ADA), Dusk (DUSK), MultiversX (EGLD), Enso...

Ethena has strengthened its position at the intersection of decentralized finance (DeFi) and traditional finance through a new partnership with global asset manager Janus Henderson. The agreement includes a strategic investment in Ethenas governance token, ENA, highlighting growing institutional confidence in blockchain-based financial infrastructure. As part of the collaboration, Ethena will allocate and support the distribution of Janus Hendersons tokenized collateralized loan obligation (CLO) funds. The move expands the reach of tokenized real-world assets and reinforces the increasing...