The Hong Kong Monetary Authority (HKMA), which serves as the de facto central bank of the Special Administrative Region, has finalized its regulatory framework for stablecoin issuers.
New Hampshire, Arizona, and Texas have already passed legislation to create bitcoin reserves. Meanwhile, similar initiatives were rejected in Pennsylvania, Montana, North Dakota, South Dakota, and Wyoming. In 17 other states, similar bills are still under review
Elon Musk, the owner of SpaceX, has become the first person in history with a fortune of more than $1 trillion following the initial public offering of Space Exploration Technologies Corp.
Singapore allows private investors to sell cryptocurrency without paying capital gains tax. This rule applies when assets are held as personal investments. It reflects a long-standing policy supported by the Inland Revenue Authority of Singapore.
Goldman Sachs has lowered its expectations for Federal Reserve rate cuts this year after the US labour market proved stronger than expected. The bank now expects the Fed’s next two quarter-point cuts to take place in June and December 2027. Goldman had previously expected those cuts in December 2026 and March 2027.
Since reaching their January peaks, the combined market value of gold and silver has shrunk by $1 trillion: on June 5, gold traded at around $4,331 per ounce, while silver traded at around $67.30, even though active geopolitical conflict and above-target inflation traditionally support higher precious metals prices.
Bitcoin ownership patterns changed in the first quarter of 2026, as hedge funds and brokerage firms reduced risk during the market downturn, while banks, governments and private equity firms increased their positions, according to data published in a recent CoinShares report.
According to the data, Strategy, led by Michael Saylor, has suffered total losses of more than $12.4 billion on its Bitcoin portfolio, while BitMine, led by Tom Lee, has lost more than $10 billion on its Ethereum portfolio.
The House Ways and Means Committee on Friday published draft legislation that would change how taxpayers report gains and losses from digital asset transactions, while also delaying taxation on newly created tokens, Bloomberg News reports.
Analysts at The Kobeissi Letter said that Strategy, formerly MicroStrategy, the largest corporate holder of Bitcoin, has faced what they estimate to be the largest unrealised loss in the history of its investments in the leading cryptocurrency.
Shares of the company led by Tom Lee fell another 5.9% on Wednesday, dropping below $17 and extending their decline to 28% since the beginning of May. The stock has now fallen below its February lows to the lowest level since the company announced its shift to an Ethereum treasury strategy in 2025.
BitMine Immersion Technologies, the largest corporate holder of Ethereum, has filed with the U.S. Securities and Exchange Commission to publicly offer 3 million Series A perpetual preferred shares.
Tether announced the launch of the world’s first neobank Visa card linked to tokenized gold, XAUT (Tether Gold). The project is being developed in partnership with the digital banking and investment platform Fasset.
Strategy's sale of 32 $BTC turned a relatively small transaction into a significant test for corporate Bitcoin treasuries. The question is no longer whether public companies hold $BTC. Investors are now watching how these companies meet their cash obligations while attempting to maintain their Bitcoin positions.
BitMine, the largest holder of Ethereum, may face major problems this year. The company currently holds 5.28 million Ethereum tokens, representing 4.37% of the circulating supply.
The European Commission estimates that new taxes on digital services, online gambling, and crypto assets could provide the EU budget with almost €11 billion in additional annual revenue. This was reported by Euronews, citing a document sent to EU member states.
Українська
Русский
English