Bitcoin Magazine Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank The Federal Reserve held interest rates steady at its June meeting, but signaled a shift toward tighter policy under new Chair Kevin Warsh, marking a decisive turn away from expectations of near-term easing. The Federal Open Market Committee left…

Andreessen Horowitz crypto executive Miles Jennings criticized Illinois’ newly enacted Digital Asset Privilege Tax Act on June 17, calling it “one of the most anti-crypto laws in the US.” The law imposes a 0.2% tax on the exchange, transfer, and custody of digital assets, with no meaningful exemptions for routine self-custody moves. Backlash From the…

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Japan’s largest banking groups are moving toward a shared yen-backed stablecoin framework, a development that could bring one of the world’s most heavily regulated financial systems deeper into tokenized payments. TL;DR MUFG, SMBC, and Mizuho are reportedly aligned around a joint yen-backed stablecoin initiative. The project is still at the council and design stage, not…

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The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the benchmark remaining between 3.5% and 3.75%, bitcoin’s price reacted with minor initial volatility, but there are some warning signs about an…

Michael Saylor is expanding the familiar Bitcoin treasury argument into a broader model for tokenized finance, laying out a four-layer “Digital Asset Stack” that starts with BTC as pristine collateral and builds credit, yield and equity instruments above it. TL;DR Saylor’s model places Bitcoin at the base as digital capital and collateral. The framework includes…

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Bets 70% of His Portfolio on Bitcoin, Eyes $1 Million Price Long before bitcoin existed, Ricardo Salinas Pliego was learning about hard money at the family dinner table. Born in Mexico City in 1955, Salinas is the founder and chairman of Grupo Salinas, a corporate conglomerate with interests in…

HYPE – the native token of the decentralized crypto exchange Hyperliquid – has been on a tear lately, hitting a new all-time high even as most digital assets continue to struggle in the prolonged bear market. It recently surpassed Dogecoin (DOGE) to become the 10th-biggest cryptocurrency, so we decided to ask three of the most…

Coinbase is preparing to push deeper into tokenized real-world assets, with Brian Armstrong pointing to an offshore rollout of 1:1 backed tokenized stocks and equity-linked products for non-US markets. TL;DR Coinbase is targeting non-US markets with tokenized equities. The reported model is based on 1:1 backing, not merely synthetic price exposure. US retail availability remains…

Bitcoin Magazine U.S. Congressman Nick Begich Wants America to Stop Selling Its Bitcoin — And Start Treating It Like Gold Congressman Nick Begich (R-AK) sat down with the Bitcoin Policy Institute at PubKey in New York for a wide-ranging conversation that touched on his path from startup founder to Capitol Hill, his landmark American Reserve…

The primary cryptocurrency has staged a clear rebound from its multi-year low below $60,000 and is currently hovering around $65,000. However, a number of analysts believe the cycle bottom has yet to be reached, projecting a plunge under $50,000. Red Days Ahead? Later today (June 17), the Federal Reserve will announce its decision regarding the…

HTX has been pulled into one of the most serious crypto sanctions stories of the year after the UK designated the exchange under Russia-related sanctions rules and TRM Labs linked the case to more than $1.5 billion in alleged flows involving sanctioned entities. TL;DR The UK designation targets correspondent banking and payment relationships. TRM Labs…

Bitcoin’s recovery has slowed after reaching a key resistance cluster, with the asset now consolidating beneath an important supply zone. The latest price action suggests that bulls are attempting to maintain momentum, but the market remains at a critical level where the next breakout or rejection could determine the short-term trend. Bitcoin Price Analysis: The…

XRP has seen a strong reaction from its major support zone, but the latest price action suggests the rally is now entering a critical phase. After a sharp breakout from short-term consolidation, buyers pushed the asset into a significant resistance area, where momentum has started to cool. Ripple Price Analysis: The Daily Chart On the…

[PRESS RELEASE – New York, USA, June 17th, 2026] Nexchain has opened a limited-time $0.05 bonus entry window ahead of a major project update scheduled for next week. The AI-powered Layer 1 blockchain is preparing to share upcoming milestones and launch progress, while the current bonus pricing remains available for a short period before the…

Circle has launched cirBTC on Ethereum, giving the stablecoin issuer a direct entry into the wrapped Bitcoin market and setting up a new challenge to existing BTC-backed DeFi assets. TL;DR cirBTC is live on Ethereum and backed 1:1 by Bitcoin. Circle says the asset uses segregated custody and Chainlink Proof of Reserve. The product is…

Bitcoin Magazine Oman Launches Mandatory National Bitcoin Mining Pool in State-Backed Push for Regulatory Control Oman has taken one of the most direct steps by any government to bring bitcoin mining under formal state oversight, launching a mandatory national mining pool that licensed operators across the sultanate are required to join. The pool, Omanhash.com, was…

Bitcoin Magazine 79% of Bitcoin Supply Now Locked by Long-Term Holders. Analyst Sees Bear Market Nearing Exhaustion Bitcoin is showing signs of stabilization after a brutal stretch, and research firm K33 says the on-chain evidence is difficult to ignore. In its latest market report, K33 Head of Research Vetle Lunde pointed to a record share…

Bitcoin Magazine Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S. Illinois Governor JB Pritzker signed Senate Bill 3019 into law yesterday, making Illinois the first state in the country to impose a transaction-based tax on crypto. This move drew swift condemnation from crypto industry groups who had urged him to…

In addition to frequent protocol upgrades and other initiatives aimed at advancing Pi Network’s ecosystem, the Core Team launches various campaigns to engage its vast community. The latest one, which primarily focuses on Artificial Intelligence, will conclude on a symbolic day for the Pioneers. Less Than 2 Weeks Left Earlier this month, Pi Network encouraged…

A bipartisan congressional compromise has put the digital dollar debate back in focus, with lawmakers moving forward on a package that would block the Federal Reserve from issuing a central bank digital currency until December 31, 2030. TL;DR The CBDC ban is part of a broader legislative compromise. The measure would block Fed CBDC issuance…

The Federal Open Market Committee (FOMC) meets on Wednesday, June 17, for what is new Chair Kevin Warsh’s first policy decision, and Bitget CEO Gracy Chen thinks it is one of the most important macro events for crypto. The setup, as she puts it, is genuinely difficult, with inflation sticky and the White House looking…

Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset Tax Act, a measure industry groups are already attacking as one of the harshest crypto transaction taxes in the United States. TL;DR The law introduces a 0.2% privilege tax on digital asset broker…