Author: admin

In brief A House hearing exposed divisions over six GOP crypto tax bills. Democrats questioned exempting staking and mining rewards from taxable income, arguing it could favor crypto over traditional investments. Industry leaders pushed for a broader tax exemption on everyday crypto payments. A House hearing on six crypto tax bills revealed a lack of bipartisan consensus on the subject Tuesday, with industry leaders pushing to expand the legislation—and Democrats questioning whether the entire process should be slowed down significantly.Unspoken at the proceedings, but playing a major role behind the scenes, is the likelihood that Democrats will retake the House…

Traditional financial institutions are shedding their skepticism toward crypto, and the shift is accelerating in 2026. Banks, brokerages, and exchanges are racing to offer crypto products as demand from retail investors, institutions, and wealthy clients reaches a tipping point.  David Ripley, co-CEO of crypto exchange Kraken, told Axios that “nearly all traditional financial services companies are gonna offer crypto, bitcoin, ethereum to their customers” — a development he called “a big story of 2026.” The turning point reflects a broader collision of mega-trends reshaping financial markets. Stablecoins, tokenization, AI, and extended-hours trading are converging to create a financial system that…

Token approvals often accumulate unnoticed over time, creating potential exposure if previously trusted contracts become compromised. Anthropic is reportedly set to release a public version of its Mythos AI model, and crypto analyst The DeFi Investor is urging decentralized finance users to act before that happens. The concern is based on how good Mythos is at finding software vulnerabilities, and a version of it becoming widely accessible could accelerate the speed at which attackers discover and exploit weaknesses in DeFi protocols. What the DeFi Community Needs to Do In a June 9 post on X, The DeFi Investor advised followers…

Technical analysis of Bitcoin’s price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are trying to stabilize above $60,000 after a recent few days of heavy selling pressure. On-chain analyst VoidOnChain has laid out a precise roadmap that maps the path from current price action, but the roadmap does not promise an immediate recovery. Bitcoin Returns To The Zone…

A package of several crypto tax bills may not be ready yet for prime time, as a U.S. House Ways and Means Committee hearing revealed potentially significant questions from lawmakers that suggested the panel hasn’t achieved a bipartisan embrace of the bills that would tailor a clearer tax code for digital asset gains.The latest legislative drafts are meant to address tax-filing burdens from crypto users and investors, though House lawmakers — especially Democrats — raised pointed questions about the proposed tax treatments during a Tuesday hearing to discuss the bills, and some key members reportedly objected in advance of the…

XRP is sitting on one of the most critical technical levels of this entire correction, with traders now debating whether the token will slip lower or form a clean double bottom and trigger a fresh recovery. Price projections are coming as Japan’s SBI Shinsei Bank will let customers convert part of their deposit interest into Bitcoin, Ethereum, or XRP. XRP price performance – YTD. Source: TradingView Why XRP Sits at a Critical Decision Zone A double bottom is a technical pattern in which the price tests a support level twice and then bounces, signaling a potential trend reversal. XRP is…

Cardano’s ecosystem health, tracked across DeFi value, network use, and positioning, has slipped into outright collapse, according to BeInCrypto’s read of the data. Yet on June 7, the largest ADA wallets quietly started buying. That contradiction is the story. Whales accumulating into a measured collapse is rarely a bottom call, and the derivatives data points to a colder motive than recovery. The Cardano Decay Tracker Hit Collapse Start with the signal in the headline. The ecosystem read on Cardano, which weighs DeFi value against network activity, has reached its worst level. Want more token insights like this? Sign up for Editor…

Tampa, Florida, June 9th, 2026, Chainwire Pro wrestling legend, international rock star, multi time world champion and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas, the customizable NFT ecosystem on Solana, today announced a collaboration with global wrestling icon, musician, actor and collector Chris Jericho. As part of the partnership, Jericho will work directly with the Kokopi community to create official Chris Jericho Traits that will launch in the project’s Trait Store. Unlike traditional NFT collections where assets remain static after mint, Kokopi Koalas give NFT holders the…

Tokyo, Japan, June 9th, 2026, Chainwire Joined by partners and investors including Animoca Brands, Basics Capital, TBV, Kinetic Kollective, Mario Nawfal, and Grammy-winning artist Ne-Yo, Neura is building the missing layer of AI: empathy and memory. Neura, the protocol building the world’s first Emotional AI Economy, today announced the close of a strategic funding round to accelerate development of AI agents with persistent emotional memory and user-owned identity. The round drew leading investors and partners in the Web3, AI, and culture spaces, including Animoca Brands, Basics Capital, TBV, Kinetic Kollective, Mario Nawfal, and Grammy Award-winning artist Ne-Yo. Today’s AI is…

APIA, Samoa, June 9, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, today launched the 2026 Ultimate Championship, a global trading event featuring a total prize pool of $7 million. Inspired by the excitement surrounding the 2026 football season, the initiative combines trading, prediction markets, and community participation into a month-long competition designed to engage users across different experience levels and trading styles. From June 8 to July 20, this tournament is designed into three distinct yet integrated competitive tracks to reward mastery at every skill level. The centerpiece of the event is the $6,000,000 Trading Showdown, a flagship arena where…