Crypto Trade Groups Sue Illinois Over 0.2% Digital Asset Tax
With three industry groups now aligned against the levy, the suit escalates from a state-budget line item into a precedent fight over digital asset taxation.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
With three industry groups now aligned against the levy, the suit escalates from a state-budget line item into a precedent fight over digital asset taxation.
Treasury says it isn't YCC or money printing, but doubling bond buybacks with 30-year yields at 2007 highs reads as a pre-commitment to defend the curve. That's the bitcoin bid.
Blockchain Association CEO Summer Mersinger warns that reopening the stablecoin-yield provision less than three weeks before the procedural vote would restart a settled negotiation and likely sink…
The Bridgewater founder ties the call directly to the investment case for Bitcoin and gold over Treasuries, framing the deficit trajectory as structural rather than cyclical.
A Nasdaq miner publicly walking back its ETH-treasury playbook shows how thin the altcoin-mining hardware sector has become as a crypto-native accumulation vehicle.
The persistence puts institutional demand back in focus, with a three-day run carrying more weight than a single-session spike.
Four sessions of ETF inflows coincided with the highest real yield on the reopened 30-year T since February, and the $183B of 2/5/7-year note auctions on Aug 25–27 will show whether the two can…
The pitch is plumbing, not spectacle. Tokenizing short-term Treasuries for use as margin collateral is the most boring and most scalable piece of institutional plumbing the sector needs next.
The procedural Senate vote is widely expected to fail, but the substance bakes intermediaries into the regulatory core while developers, self-custody users, and peer-to-peer transactions stay outside…
GPU rental futures from CME and ICE arrive just as miners pour hundreds of millions into AI data centers, but financing risk and equity dilution dwarf the compute-price swings these contracts…
The SEC's Reg Crypto Assets proposal, the CLARITY Act push, and a FASB stablecoin-cash project all landed in one week, but Hougan says Bitcoin ETFs took 2.5 years to go from legal to genuinely…
The $684.4M combined BTC and ETH ETF haul marks three straight inflow days and $1.08B cumulative. BTC is back above $70K for the first time since early June.
The first new license in four years is the headline, but the more durable catalyst is Japan's financial-instruments reclassification, which lays the legal runway for spot crypto ETFs and a 2027 tax…
Glassnode's read: BTC stretches of relative lag are routine, but the snapback excess gains tend to be the bigger move. The 72-hour catch-up may be the entry, not the climax.
Forfeitures, civil penalties, and gifts can grow federal crypto holdings, but only Congress can authorize scheduled multibillion-dollar open-market purchases.
Korean retail crypto trading has slumped hard enough to drag first-half profits at Upbit and Bithumb, but the institutional side just landed its first globally regulated custodian with local…
Recent buyers are collectively in profit, and crypto equities are joining the move. A sustained break above $75,689 would put the average active investor in unrealized profit.
For institutional RWA users, regulated ownership administration becomes part of Injective's network proposition alongside its existing on-chain asset activity.
The flip from a $13B unrealized loss in July to a $1.4B paper gain shows just how far bitcoin has come from its $58K low, with Strategy's STRC buyback pace adding another layer of bullish structure.
On-chain risk metrics briefly dipped below the 0.3 DCA threshold in early July, but mixed signals from historical cycle comparisons leave the question of a confirmed low unresolved.