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Here are some of the latest crypto news updates *Market Updates* - *Bitcoin*: Semler Scientific plans to grow its Bitcoin treasury to 105,000 $BTC by 2027, making it the second-largest corporate holder of Bitcoin. Bitcoin's price has surged over 574% since the 2022 bear market low. - *XRP*: XRP has surpassed $2, with early investors gaining over 300% in June 2025. A whale recently moved $58 million $XRP to Coinbase, sparking concerns of a potential selloff. - *Ethereum*: Ethereum records massive growth as new $ETH addresses skyrocket since May. ChatGPT's AI price forecast suggests consolidation with breakout potential. *Regulatory News* - *GENIUS Act*: The US Senate has passed the GENIUS Act, which aims to regulate stablecoins. Donald Trump has urged the House to pass the bill, citing its importance in leading the digital asset revolution. - *Arizona Bitcoin Reserve Bill*: The Arizona Senate has reconsidered a bill to create a Bitcoin reserve fund, which now heads back to the House. *Security and Hacking* - *Data Breach*: A massive data breach has resulted in the leak of 16 billion passwords, affecting major platforms like Apple, Facebook, and Google. - *North Korean Malware*: Hackers linked to North Korea have deployed malware targeting crypto professionals through fake job sites. *Adoption and Investments* - *Ford and Cardano*: Ford is testing the Cardano blockchain for storing legal data. - *KuCoin and BitGo*: KuCoin has partnered with BitGo for its $2 billion "Trust Project" to provide off-exchange custody solutions. - *World Liberty Financial*: The Trump family's company has reduced its stake in World Liberty Financial by 20%.
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Ohio backs tax-free Bitcoin for everyday use Bitcoin payments under $200 are set to be exempt from state capital gains tax, making everyday crypto transactions simpler and more accessible. Ohio has passed a new bill that would make small Bitcoin transactions tax-free, positioning the state at the forefront of crypto adoption efforts in the US. The Ohio Blockchain Basics Act exempts Bitcoin payments under $200 from state capital gains tax, easing everyday crypto use. The bill received overwhelming bipartisan support in the House, passing with a 68–26 vote. In addition to the tax exemption, it reinforces the right to self-custody and run Bitcoin nodes, which are vital to maintaining decentralised networks. Advocates, including the Satoshi Action Fund, have called it one of the most robust Bitcoin rights bills to date. HB 116 will now move to the Ohio Senate, and if approved, will require final confirmation from the Governor. The strong backing in the House has increased expectations for it to become law soon. Ohio’s move follows similar efforts in states like Texas and Florida, which are exploring Strategic Bitcoin Reserves. Lawmakers across the country are ramping up pro-Bitcoin initiatives, reflecting broader national momentum in support of cryptocurrency-friendly regulation. $BTC
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🇰🇷#Crypto South Korea's Financial Services Commission (FSC) has submitted a roadmap to the Presidential Committee outlining plans to approve local spot crypto ETFs and ease regulations on won-based stablecoins. Implementation measures are expected in the second half of 2025. $BTC
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🥇 Top Crypto Gainers & Losers: Thursday, June 19 📈 Top Gainers: Sentre ($SNTR) +121.2% Forta ( $FORTH ) +67.8% GOUT ( $GOUT ) +33.7% 📉 Top Losers: Matchain ( $MAT ) -19.0% Useless Coin ($USELESS ) -16.5% Fair and Free ( $FAIR3 ) -14.5%
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Latest News
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GENIUS Act Passage Marks Major Win for Crypto Community
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