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Bitcoin Difficulty Drops 10% to Lowest Level Since July 2025 as Hashrate Cools

This week, Bitcoin’s difficulty epoch at block height 953568 delivered the year’s second-steepest downward adjustment to date. Following this weekend’s recalibration and looking ahead to the next two weeks, the latest difficulty reading of 124.93 trillion now stands as the lowest level recorded in 2026 and the weakest mark posted since July 12, 2025. Difficulty […] from Bitcoin News https://ift.tt/fzmPDRW
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Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden

House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users while establishing clearer tax treatment for key activities across the sector. House Tax Panel Reviews Eight Digital Asset Tax Proposals The House Ways and Means […] from Bitcoin News https://ift.tt/aqEdN5v

Iran Denies Sunday Signing as Trump Declares Strait of Hormuz ‘Open to All’ Tomorrow

U.S. President Donald Trump declared Saturday that a landmark agreement with Iran will be signed on Sunday, June 14, with the Strait of Hormuz reopening to all shipping immediately afterward, but Iranian officials quickly disputed that timeline. What Trump Said Trump posted Saturday on Truth Social that his agreement with Iran represents the opposite of […] from Bitcoin News https://ift.tt/rqhoPXf

Everyone Is Getting Hilariously Rich and You’re Not — Week In Review

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. After dipping just below the $59,000 level, Bitcoin […] from Bitcoin News https://ift.tt/wmte7Kz

Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak

Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avoiding outflows, even as spot ethereum ETFs bled for a fourth straight day. Blackrock’s IBIT Leads Again The figures, based on data tracked by Sosovalue, show a clear split in institutional appetite between the […] from Bitcoin News https://ift.tt/CzwSajE

SurgeXRP Presale Accelerates Following XRP Upgrade News, 30% of Soft Cap Filled Before RWA Platform Debut

PRESS RELEASE. The XRP ecosystem is heating up once again as the latest XRP Ledger upgrade designed to improve network performance, scalability, and efficiency and investors are increasingly looking beyond XRP itself and toward the next generation of projects being built on XRPL. One project attracting significant attention is SurgeXRP. Its ongoing $SGP presale has […] from Bitcoin News https://ift.tt/WnUJICx

Metaplanet to Launch Bitcoin Yield Products in Japan After $13 Million Siiibo Securities Deal

Metaplanet has agreed to acquire Siiibo Securities, a licensed Japanese Type I securities firm, as part of its Project Nova strategy. The deal gives the company a regulated distribution platform for bitcoin-linked yield products aimed at Japan’s large pool of cash-heavy household assets. Metaplanet Targets Japan’s $7.4 Trillion Cash Pile With Bitcoin-Linked Investments Metaplanet is […] from Bitcoin News https://ift.tt/ZE6OyMd