Galaxy Research's Alex Thorn has reduced his 2026 US CLARITY Act passage probability from 75% to 60%. He cites the Senate's legislative calendar, heavily impacted by the unpassed FISA extension, as a growing hurdle. Slow progress on lawmaker ethics & anti-money laundering rules also contribute. Thorn remains optimistic for eventual approval but notes the legislative window is tightening, with passage likelihood subject to schedule changes. #crypto #blockchain #news

Coinbase CEO Brian Armstrong: Bitcoin no longer the sole indicator of crypto industry growth. He notes the crypto market has evolved beyond Bitcoin, with sectors like derivatives, stablecoins, & prediction markets showing continued growth. Armstrong believes crypto is integrating into global finance, though market perception takes time. Bitcoin remains crucial to the ecosystem. #crypto #blockchain #news #BTC #Bitcoin

Bitcoin (BTC) has fallen below the $60,000 mark, with Ethereum (ETH) also dropping below $1,550. OKX market data shows BTC trading at $59,356.4, a 1.77% decrease in the last 24 hours, with a low of $59,138.9. ETH is currently priced at $1,548.0, down 2.20% over the same period, and hit a low of $1,542.7. CoinGlass reports that approximately $473 million in liquidations have occurred across the network in the past four hours, with long positions accounting for $404 million and short positions for $69.07 million. #crypto #blockchain #news #BTC #Bitcoin

CCI forms Treasury Alliance w/ Galaxy, Morpho, BitGo, a16z Crypto, Avalanche, SharpLink to tackle regulatory uncertainty for crypto treasury products. The surge in on-chain yield products needs clear legal classification. The Alliance will focus on legal analysis, policy principles, & regulatory research. They urge regulators to base rules on how these products *actually* operate, not just apply old financial frameworks. #crypto #regulation #TreasuryAlliance #CCI

US Regulators Forge Tokenized Securities Framework The SEC is developing a framework for tokenized securities under "Innovation Without Arbitrage," led by Jamie Selway, Director of Trading and Markets. The goal is to encourage innovation and prevent loopholes. The SEC and CFTC are also collaborating to harmonize rules for swap data reporting, portfolio margining, and product definitions. They're assessing new products like perpetual futures. A key focus is differentiating investment from gambling and protecting retail investors from excessive leverage. This shows regulators' dedication to overseeing digital assets. #Nostr #Crypto #Regulation

Hyperliquid's open interest hits $3B via 'trade xyz', signaling major growth in decentralized derivatives. Analysis shows 60.7% of 'trade xyz's' perpetual futures volume on Hyperliquid occurred outside traditional NYSE trading hours, with 15.5% during periods when underlying assets weren't trading on traditional markets. This highlights increasing demand for 24/7 digital asset trading and evolving habits of large market participants on decentralized platforms. #hyperliquid #crypto #derivatives #defi #nostr

BitMine Immersion Technologies is increasing its Series A perpetual preferred stock offering by 9.5%, from 3M to 3.5M shares, at $80/share. Projected net proceeds: ~$273.8M. Expected close: June 10. Funds will boost Ether (ETH) & digital asset holdings, enhance staking/validation infra (incl. MAVAN network expansion), and support strategic investments. Newly issued preferred stock to list on NYSE under "BMNP". #crypto #blockchain #news

According to Artemis data, the DAT treasury strategies of Strategy and Bitmine have recorded unrealized losses of $12.8 billion and $10.3 billion, respectively. In contrast, HYPE treasury company, operated by Hyperliquid Strategies, remains in positive territory with an unrealized gain of $1.2 billion, making it the only DAT treasury strategy currently showing a profit. #crypto #blockchain #news

U.S. House Committee on Ways and Means is circulating 7 draft crypto tax bills covering stablecoins, mining/staking, lending, wash sales, donations, and voluntary disclosure programs. Reports suggest these are divided from prior legislation like the "Digital Asset PARITY Act". Discussion planned for upcoming crypto tax hearing next Tuesday. #cryptocurrency #USTax #blockchain

Greece is poised to introduce a 15% capital gains tax on cryptocurrencies, according to a report by Reuters. The Greek Ministry of Finance is drafting legislation that would impose this tax rate on profits derived from digital assets. However, the first €500 in gains for individuals will be exempt from this levy. The proposed tax framework also stipulates that individual crypto mining activities will not be subject to taxation, while corporate mining operations will be taxed. The bill is expected to be submitted for parliamentary review in the coming months. Officials have indicated that estimating the size of the Greek crypto market and the potential tax revenue is currently challenging. #crypto #blockchain #news

CleanSpark's May 2026 Bitcoin production hit 671 BTC, with a daily peak of 23.16 BTC. Year-to-date total is 3,110 BTC. The company maintains an operational hashrate of 50 EH/s (avg 46.2 EH/s). As of end-May, CleanSpark holds 13,470 BTC. In May, they sold 404 BTC on the spot market and 250 BTC via call options, averaging $79,934/BTC. #crypto #blockchain #news #BTC #Bitcoin

Wang Chun, co-founder of F2Pool, withdrew approximately 9,719 ETH from Binance today, valued at around $16.16 million. The funds were subsequently deposited into the Spark protocol. #crypto #blockchain #news

Deribit, a prominent cryptocurrency exchange, has flagged the $60,000 mark as a critical psychological and cost-basis threshold for institutional investors. Jean-David Péquignot, Chief Commercial Officer at Deribit, stated that a significant portion of institutional holdings, including those from recent ETF investors, are concentrated between $60,000 and $67,000. A breach below $60,000 could trigger substantial paper losses, potentially leading to further sell-offs. Adding to the concern, Deribit currently has over $1.2 billion in notional value of open interest in put options with a strike price of $60,000. This could prompt market makers to hedge their positions, potentially exacerbating any downward price movement. Furthermore, the risk of leveraged long positions being liquidated could amplify market volatility. #crypto #blockchain #news

🇺🇸 May US Nonfarm Payrolls surprised to the upside, adding 172k jobs, beating expectations. Unemployment steady at 4.3%. Job growth led by leisure/hospitality, local gov, and healthcare. Financial activities saw a dip (-22k). Previous months revised up by 93k combined. Average hourly earnings rose 0.3% MoM, up 3.4% YoY. 🚀 #crypto #blockchain #news

Keel Infrastructure (formerly Bitfarms) plans a $400M convertible note offering, expected to close around June 9, 2026. Net proceeds will fund capped subscription transactions, equipment deposits, data center construction guarantees, and general corporate needs. The Nasdaq-listed Bitcoin miner aims to expand operations and infrastructure. #Bitcoin #Mining #KeelInfrastructure #Bitfarms #Crypto

SpaceX IPO reportedly excludes mainland China & Hong Kong investors due to US export control concerns on critical tech. Sources cite regulatory/compliance risks as the reason. Underwriters instructed not to accept orders from these regions. SpaceX website & roadshow docs inaccessible from China/HK. #crypto #blockchain #news

Politico reports that Polymarket's Chief Marketing Officer, Matthew Modabber, allegedly funneled over $2.5 million through his personal PayPal account to more than 800 individuals between January 2025 and February 2026. Politico has verified that approximately 20 content creators, after receiving these payments, published at least 490 posts related to Polymarket without clearly disclosing their paid partnerships. Polymarket acknowledged that influencer collaborations are standard business practice but did not address questions regarding disclosure policies, payments made through personal accounts, or tax implications. #crypto #blockchain #news

Michael Saylor identifies 4 key Bitcoin ideologies: 1️⃣ Maximalists: Prioritize BTC as the dominant digital currency. 2️⃣ Capitalists: Focus on integrating BTC into global finance. 3️⃣ Technologists: Emphasize continuous protocol improvement. 4️⃣ Fundamentalists: Uphold decentralization, self-custody, immutability. Saylor suggests future BTC dev needs balance: adoption, innovation, & these core principles. #Bitcoin #MichaelSaylor

Japan's Securities and Exchange Surveillance Commission (SESC) has recommended administrative action against moomoo Securities, citing a range of compliance and operational deficiencies. The regulator's findings include the misrepresentation of certain ineligible U.S. ETFs and ETNs as NISA-eligible products for sale, improper customer handling, failure to process some securities transfer requests as required, insufficient review of suspicious transactions, and inadequate system and cybersecurity management. The SESC believes these issues indicate flaws in moomoo Securities' internal controls and compliance management, potentially jeopardizing investor interests. #crypto #blockchain #news

Hut 8's Beacon Point DC LLC has secured $4.25B in senior secured notes (6.129%, maturing 2042) for its 352 MW AI data center project in Texas. This financing is project-level debt, meaning no recourse against Hut 8's parent company, safeguarding corporate assets. #AI #DataCenter #Hut8 #Financing