What states can still do to crypto after GENIUS and CLARITY

Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. […]

Institutions Cut Bitcoin And Ethereum ETF Exposure But Keep Buying XRP And HYPE

For more details, visit the official Cryptoslate platform. TL;DR Institutional products tied to Bitcoin and Ethereum reportedly saw net outflows. XRP and HYPE wrappers attracted inflows during the same period. The divergence points to a more selective crypto market, where investors are not treating every asset the same way. Institutions Are Not Just Buying Or […]

Strategy Could Sell $3.25 Billion in Bitcoin Under New Plan, Peter Schiff Warns

Strategy’s potential bitcoin sales have raised concerns among market watchers after Peter Schiff warned the company could put pressure on prices if it begins selling up to $3.25 billion worth of bitcoin. Schiff Sounds Alarm as Strategy’s Massive Bitcoin Sale Potential Raises Fears of Market Shock Strategy Inc. (Nasdaq: MSTR)’s decision to authorize future bitcoin […]