June 16, 2026
Bitcoin

Bitcoin Below $60K: $1.2B Risk Builds Ahead

BTC trades below $60K as Deribit cites $1.2B in open interest and traders watch the 200-week moving average for support. Bitcoin fell near $59,357 on the Bitstamp daily chart, placing the $60,000 area back in focus.  Traders are now watching historic support, options exposure, and weak momentum before any possible bull run. Bitcoin Tests 200-Week

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Crypto

Illinois lawmakers approve crypto tax with felony penalties

According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Summary Illinois lawmakers approved a budget bill containing a 0.2% tax on crypto transactions and new registration rules for

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Bitcoin

Change Log: Version 1.129 – Bitfinex blog

18 March, 2026 The Bitfinex Change Log is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, please refer to blog.bitfinex.com/category/changelogs. Version 1.129 Improvements Updated the alerts modal Updated to unlink confirmation sub-account modal Updated to show underlying asset price data in the

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Crypto

Kraken debuts SpaceX IPO tokens in challenge to Wall Street

Kraken has opened access to the upcoming SpaceX IPO through tokenized shares across more than 110 markets, bringing a traditionally exclusive Wall Street process to retail investors. Summary Kraken has launched tokenized access to the upcoming SpaceX IPO through its xStocks platform. Eligible users in more than 110 markets can apply for IPO allocations and

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Crypto

Zcash price plunges 50% amid bug fallout and Hayes selloff, can whales reverse the trend?

Zcash has plunged nearly 50% from its recent high after disclosure of a critical network vulnerability triggered panic selling, forced liquidations, and the exit of one of the privacy coin’s most prominent supporters. Summary Zcash plunged nearly 50% after disclosure of a critical Orchard pool vulnerability and Arthur Hayes’ exit from the asset. Lookonchain data

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Bitcoin

Nobody Believes This Microsoft Copilot AI Gold Price Prediction

Microsoft Copilot AI Gold price prediction is targeting $5,500 to $6,000 per ounce for gold by the end of 2026, calling the macro setup as powerful as it has been in years, with the metal sitting at $4,466 and carrying 3 structural tailwinds that are all reinforcing each other simultaneously. The argument Copilot is making

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Crypto

Brad Sherman slams stablecoin tax refunds as tax evasion tool

Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. Summary Rep. Brad Sherman criticized proposals to issue tax refunds and government payments in stablecoins, arguing they could facilitate tax evasion. The

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Bitcoin

Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom

Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin advocates or maximalists (short for maxis) — a group that

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Crypto

Gold’s safe-haven status questioned as risk market ties deepen

Gold has lost part of its old safe-haven image as its price action now moves closely with risk assets such as Bitcoin and the S&P 500, according to economist Robin Brooks. Summary Robin Brooks said gold has lost part of its safe-haven role as its equity correlation rises. Brooks said gold now trades more like

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Bitcoin

The Hyperinflation Of 1971 At The Kindergarten

I’m pretty sure it was 1971, but it could have been 1972. In any case, it was in kindergarten, and I was five years old. Our teachers had set up a system to motivate us kids to behave well. They had hung a big board on the wall, with all of our names listed. If

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