Crypto Tax in Illinois FY2027 Budget is One Step Away from Becoming Law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois…
Canton Network Developer Digital Asset Seeks $300M From A16z Crypto
Key TakeawaysA16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as…
Ethereum (ETH) Builds Short Squeeze Potential Near $2,500 as Whales Accumulate
TLDR:
Ethereum (ETH) holds support despite growing short interest clustered above current price levels
Whale activity remains dominant as retail traders stay cautious amid mixed market sentiment
Large liquidity pools above the…
Arthur Hayes Dumps HYPE, NEAR Holdings Ahead of ‘Mega’ AI IPOs
BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets to both assets.Hayes cited higher energy prices due to the…
DeXe falls to $17.19, but here’s why bulls can still remain confident
On Wednesday, the 3rd of June, DeXe rallied almost 36% in a matter of hours. Driven by a massive surge in short liquidations, the crypto AI token’s price surge was accompanied by spot accumulation.
Yet, this buying was not enough to…
Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the…
$4M XRP Liquidity Rollover Marks Major Achievement for Flare
The pool closed with over $25M in four-month volume and had already hit double-digit fixed XRP rates by May, as seen on historical charts.
Flare Network’s XRP-based…
Normal Preferred Behavior or Warning Sign?
Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage.
Strategy’s preferred stock STRC…
FG Nexus Sells 10,000 ETH as Treasury Losses Top $100M
A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025.The latest transfer equates…
‘Dead Meme’ or Major Opportunity? DOGE Is Flashing The Same Signal That Preceded Its…
The market sees DOGE as a "dead meme," but Alphractal said the chart is signaling a "coiled spring" instead.
Dogecoin (DOGE) suffered a fresh decline of over 5% on…