by Michael
Key TakeawaysBlockchain Association sued Aug. 21 to block Illinois’ 0.2% digital asset tax.Illinois’ 0.2% levy could tax trades, transfers and custody beginning Jan. 1.Crypto Council for Innovation wants enforcement blocked before Jan. 1, 2027. The Blockchain...
by Michael
Key TakeawaysBitcoin ETFs gained $1.92B in five days, with Blackrock’s IBIT driving Friday’s $307.45M inflow.Ether added $697.18M for the week as XRP and solana flows broadened institutional demand.Bitcoin ETF assets hit $96.07B, putting the $100B threshold back...
by Michael
Key TakeawaysHYPE hit an all-time high of $82 yesterday, up 38% over the past week.Multicoin Capital moved 308,884 HYPE, worth $19.8 million, to Coinbase Prime.Trump’s CFTC comments fueled HYPE’s rally on August 19-20, even as sell-pressure concerns persist. Fresh...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether... Translate »