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NEW: 🇺🇸 Sen. Cynthia Lummis introduces a digital asset tax legislation that protects #
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users by exempting small transactions from capital gains tax, cuts red tape, and aims to secure key victories for the crypto industry.
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Trump’s “Big Beautiful Bill” clears Congress. The House passes it 218–214, with GOP holdout Ralph Norman flipping last-minute! 🏛 CRFB estimates the bill could push debt to 127% of GDP by 2034! Is this a legislative victory—or a fiscal reckoning in disguise? Share your thoughts!
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As Bitcoin hovers near ATHs, leverage carnage builds: • $215M wiped in last 24 h (85,630 traders) ‣ Shorts: $128M | Longs: $87M • Long/short positioning still leans bullish: 51.2 % / 48.8 % • $BTC & $ETH account for $55M and $52M of liquidations • Largest hit: a $5.0M ETH long on Binance
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BTC Civil War, Fat Protocol Dead?, On-chain Stocks as Future of Finance? | Token Narratives 59
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NEW: 🇺🇸 President Trump says he will, "have a Signing Celebration at the White House tomorrow, at 4 P.M.," to celebrate the "ONE BIG BEAUTIFUL BILL ACT."
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New @cryptoquant_com report shows Bitcoin ETF & MSTR buys are slowing, while overall demand drops 895K BTC—offsetting price gains. 📉 Key takeaways: - ETF purchases down 53% since Dec 2024 peak. - MSTR buys fell 90% in same period. - Total BTC demand contraction outweighs institutional buying. 🚨
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