hodler

5 Jun 2026, 17:50

Greece moves to tax crypto gains at 15% with legislation expected within months

Greece’s Finance Ministry is drafting a bill that would impose a 15% capital gains tax on cryptocurrency profits. The information was reportedly shared with Reuters by some government officials. If the bill is passed, it would bring digital assets into the country’s formal tax code for the first time. It is expected to reach parliament in the coming months. A tax-free threshold and carve-outs for individual miners The planned regime includes a 500-euro ($580) exemption on gains, meaning residents would owe nothing on their first profits up to that amount, according to one of the officials . Individual cryptocurrency miners would also be exempt from the new levy; however, that exemption was not extended to corporations engaged in mining. Both officials acknowledged a practical challenge, which is that estimating the size of Greece’s crypto market is difficult. This is because most Greek investors trade through platforms based outside the country. No specific revenue projection for the new tax has been published. Where Greece fits in Europe’s crypto tax patchwork EU member states each set their own rules on taxing digital assets, and the rates vary across the states. Cyprus charges 8% on crypto capital gains at the low end, while France applies rates as high as 30%. Greece’s proposed 15% would bring it close to the middle of that range. This proposed bill is also coming at a time when Athens is working to bring its own crypto regulatory framework up to the EU’s set standards. Last August, the Hellenic Capital Market Commission (HCMC) overhauled its licensing regime for exchanges and wallet providers to align with the EU’s Markets in Crypto-Assets (MiCA) regulation, as Cryptopolitan reported at the time. The rules require that platforms must clear a formal licensing process that can take up to 40 working days, and unlicensed providers are barred from offering services in the country. How does Binance’s bet on Athens come into the picture? Greece’s regulatory push carries extra weight because Binance, the world’s largest crypto exchange by volume, chose the country as its EU base earlier this year. Binance co-CEO Richard Teng cited Greece’s talent pool and security environment when explaining the decision at the Global Finance & Technology Network forum in Tokyo, according to Reuters and Greek broadcaster ERT. The company applied for a MiCA license through the HCMC in January, and Greek regulators signaled they would fast-track the review, Cryptopolitan reported in February . The tax legislation would add another layer to an environment Athens is building to attract crypto business while ensuring oversight. Prime Minister Kyriakos Mitsotakis made his intentions to regulate the “dubious” crypto market known as early as January 2025. He reportedly told cabinet members the government aimed to “bring order to a largely ambiguous and unregulated domain.” Passive income taxed differently The Waltio tax guide for Greece outlines the current Greek framework, pointing out that gains from staking, mining, and airdrops fall under the progressive income tax scale rather than the flat 15% rate. That scale runs from 9% on the first 10,000 euros of income to 44% on amounts above 40,000 euros. Crypto-to-crypto swaps also count as taxable events, with the gain calculated at the moment of the exchange. Capital losses can be carried forward for five years to offset future gains, and the filing deadline for crypto-related income is June 30 of the year following the tax period, according to Waltio’s summary of the legislation. The proposal is not final The bill still needs to clear parliament, and final details could shift before submission. Investors trading through foreign platforms face an open question about enforcement, given that Greek authorities have acknowledged limited visibility into offshore activity. The July 2026 MiCA licensing deadline for crypto firms across the EU will add further pressure on Athens to have its tax and regulatory framework fully in place. If you're reading this, you’re already ahead. Stay there with our newsletter .

5 Jun 2026, 17:50

British Pound Slips Below 1.3400 as Blowout US Jobs Data Fuels Dollar Surge

BitcoinWorld British Pound Slips Below 1.3400 as Blowout US Jobs Data Fuels Dollar Surge The British pound fell sharply on Friday, breaking below the 1.3400 level against the US dollar after a stronger-than-expected US jobs report triggered a broad rally in the greenback. The move marks one of the largest single-day declines for the currency pair in recent months, catching many forex traders off guard. NFP Data Exceeds Expectations The US Bureau of Labor Statistics reported that the economy added 336,000 new jobs in September, far surpassing the consensus estimate of 170,000. The unemployment rate held steady at 3.8%, while average hourly earnings rose 0.2% month-over-month, slightly below forecasts. The data suggests the labor market remains resilient despite elevated interest rates, giving the Federal Reserve room to maintain its hawkish stance. Market participants immediately repriced the probability of another rate hike before year-end, with the CME FedWatch Tool showing a roughly 30% chance of a quarter-point increase in December, up from 20% before the release. This shift in expectations provided a powerful tailwind for the dollar, which rallied broadly against major currencies. GBP/USD Technical Breakdown The pound’s decline accelerated after the pair breached the psychologically important 1.3400 handle, a level that had provided support in recent weeks. Analysts noted that the break lower could open the door for further losses toward the 1.3200 area, where the 200-day moving average sits. The move also pushed the Relative Strength Index (RSI) into oversold territory, suggesting the selloff may be overextended in the short term. What This Means for Traders and Businesses For UK-based importers and businesses with dollar-denominated expenses, the weaker pound increases costs and may squeeze margins. Conversely, exporters benefit from a more competitive exchange rate. Travelers planning trips to the US will find their pounds buy fewer dollars, while US tourists in the UK will enjoy greater purchasing power. The Bank of England, which has been grappling with sticky inflation and slowing growth, now faces a more complicated policy backdrop as a weaker currency risks adding to imported price pressures. Conclusion The pound’s drop below 1.3400 underscores the dollar’s renewed strength in the wake of robust US economic data. While the immediate catalyst is clear, the longer-term trajectory will depend on upcoming inflation readings and central bank communications. For now, the market is pricing in a more aggressive Fed, and the pound remains vulnerable to further downside if US data continues to surprise to the upside. FAQs Q1: Why did the pound fall below 1.3400? The pound fell after the US Nonfarm Payrolls report showed much stronger job creation than expected, boosting the US dollar as traders increased bets on another Federal Reserve rate hike. Q2: What is the next key support level for GBP/USD? Analysts point to the 1.3200 area as the next major support, where the 200-day moving average provides a technical floor. A break below that could signal a deeper correction. Q3: How does a weaker pound affect UK consumers? A weaker pound makes imports more expensive, which can feed into higher prices for goods and services. It also reduces the purchasing power of British travelers abroad, particularly in the United States. This post British Pound Slips Below 1.3400 as Blowout US Jobs Data Fuels Dollar Surge first appeared on BitcoinWorld .

5 Jun 2026, 17:00

TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON

Geneva, Switzerland — June 5, 2026 — TRON DAO , the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the spot listing of TRX, the native utility token of the TRON network, on Bitnomial , a CFTC -regulated U.S. exchange and clearinghouse. The listing expands access to TRX for U.S. market participants through a regulated trading venue, providing investors and institutions with an additional platform to access the native utility token of the TRON blockchain. TRX supports transactions, smart contract execution, decentralized applications, and network governance across one of the world’s most active blockchain ecosystems. TRON is recognized as a leading blockchain for stablecoin activity and digital asset settlement, hosting more than $89 billion in circulating USDT and over $27 billion in total value locked (TVL). “Bitnomial’s listing of TRX is an important step in expanding access to TRON through regulated U.S. market infrastructure,” said Justin Sun, Founder of TRON. “As demand for compliant digital asset products continues to grow, the availability of TRX on regulated platforms supports broader market access, greater transparency and the continued maturation of the digital asset ecosystem.” Bitnomial, LLC, headquartered in Chicago, is a derivatives exchange company that owns and operates U.S. CFTC-regulated exchange (DCM), clearinghouse (DCO), and clearing brokerage (FCM) subsidiaries. Bitnomial offers leveraged spot, perpetuals, futures, options, and prediction markets on a single unified exchange and clearinghouse with digital asset margin and settlement capabilities. The addition of TRX further expands the range of digital assets available on regulated U.S. financial infrastructure, building on a series of recent developments that have strengthened the institutional foundation of the TRON network. In recent months, TRX became available for custody through Anchorage Digital, the first federally chartered crypto bank in the United States, Supporting the expansion of tokenized real-world asset products with top-tier asset managers on the network. As digital asset markets continue to evolve, open blockchain networks remain central to expanding access to transparent, permissionless financial infrastructure. The Bitnomial listing reflects continued progress toward making blockchain-based assets more accessible through reliable and established market infrastructure. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $89 billion. As of June 2026, the TRON blockchain has recorded over 385 million in total user accounts, more than 14 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.” TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park [email protected]

5 Jun 2026, 16:55

Jeffrey Huang’s Long Position on Hyperliquid Partially Liquidated, Account Balance Drops to $11K

BitcoinWorld Jeffrey Huang’s Long Position on Hyperliquid Partially Liquidated, Account Balance Drops to $11K Jeffrey Huang, the Taiwanese singer and entrepreneur widely known as Machi Big Brother, experienced a partial liquidation of a long position on the Hyperliquid platform, leaving his account with just $11,000, according to a report by Odaily. Details of the Liquidation Event The incident, which occurred recently, involved a leveraged long position that was partially closed by the platform’s risk engine. While the exact size of the original position and the specific asset traded have not been publicly confirmed, the rapid drawdown to a residual balance of $11,000 indicates a significant loss relative to the initial margin. Hyperliquid, a decentralized perpetual exchange (perp DEX) built on the Arbitrum network, uses a liquidation mechanism to manage risk when a trader’s position moves against them and their margin falls below the required maintenance level. Who is Jeffrey Huang? Beyond his music career as the lead singer of the Taiwanese hip-hop group Machi, Jeffrey Huang is a prominent figure in the cryptocurrency and NFT space. He is the founder of the Machi X platform and has been an active trader and collector of digital assets, including high-value NFTs. His public profile and substantial on-chain activity have made his trading moves a point of interest for the crypto community. This liquidation event adds to his history of high-stakes trading in volatile markets. Implications for DeFi Traders This event serves as a stark reminder of the risks inherent in leveraged trading on decentralized finance (DeFi) platforms. Unlike centralized exchanges, DeFi protocols like Hyperliquid execute liquidations automatically through smart contracts, often with no grace period or manual intervention. The speed and finality of these liquidations can result in total account wipeouts, especially in fast-moving markets. For retail traders, this highlights the critical importance of risk management, including setting appropriate stop-losses and avoiding over-leverage, even when trading on platforms perceived as transparent or innovative. Conclusion The partial liquidation of Jeffrey Huang’s position on Hyperliquid is a notable event that underscores the high-risk nature of leveraged crypto trading, particularly within DeFi. While the specific financial impact on Huang is limited to the reported $11,000 residual balance, the incident provides a real-world example of how automated liquidation systems function under market stress. As the DeFi sector continues to evolve, such events will likely inform ongoing discussions about platform risk, trader education, and the need for more robust safety mechanisms. FAQs Q1: What is a partial liquidation? A partial liquidation occurs when a trading platform automatically closes a portion of a trader’s leveraged position to bring their margin back above the required maintenance level. This happens when the market moves against the position, reducing the trader’s equity. Q2: Why did Jeffrey Huang’s account drop to $11,000? The account balance fell to $11,000 after the platform partially liquidated his long position. This means the remaining equity in his account after the liquidation process was only $11,000, likely a small fraction of the original margin or position size. Q3: Is Hyperliquid a safe platform? Hyperliquid is a decentralized exchange that operates through smart contracts. While it is considered a reputable platform within the DeFi ecosystem, all leveraged trading on decentralized platforms carries inherent risks, including potential for rapid liquidation, smart contract vulnerabilities, and market volatility. Traders should conduct their own research and understand the risks before trading. This post Jeffrey Huang’s Long Position on Hyperliquid Partially Liquidated, Account Balance Drops to $11K first appeared on BitcoinWorld .

5 Jun 2026, 16:30

Bitcoin Whales Return To Binance As Selloff Echoes February Panic

Bitcoin’s June correction is now being accompanied by a sharp rise in whale deposits to Binance, according to CryptoQuant analyst Darkfost, reviving a pattern last seen during the market’s February stress event. The data suggests that large holders are moving more BTC back onto the exchange as the selloff deepens, potentially adding near-term supply pressure. Darkfost said Bitcoin is down 14% in June, with the decline accelerating over the past several days. That move has pushed some investors into a more defensive posture, particularly large entities moving sizable amounts of BTC. In the analyst’s framework, whales are defined as entities executing transactions above 100 BTC, or more than $6 million at current prices. The most visible change has occurred on Binance. According to the post, whale inflows to the exchange reached approximately 8,200 BTC on June 2, followed by more than 6,400 BTC on June 4. More importantly, the trend has also shifted on a monthly basis: average whale inflows on Binance have risen from roughly 1,200 BTC since mid-April to more than 2,800 BTC today, meaning the figure has more than doubled in a matter of weeks. “On Binance, BTC inflows from whales have accelerated sharply,” Darkfost wrote, pointing to the June 2 and June 4 peaks. “On a longer-term basis, the monthly average of whale inflows on Binance has moved from approximately 1,200 BTC since mid-April to over 2,800 BTC today, more than doubling within a matter of weeks.” Bitcoin Whale Deposits Point To Rising Sell-Side Risk Exchange inflows do not mechanically prove that coins have already been sold. However, large transfers to trading venues are commonly watched as a proxy for potential sell-side intent, especially when they occur during a fast correction rather than during a period of accumulation or sideways consolidation. Related Reading: Bitcoin’s Most Important Metric Flashes Warning As Bulls Fight To Hold $60K Darkfost framed the current increase in that context. “This dynamic suggests that the ongoing correction is pushing some whales to move their BTC back onto the exchange, presumably with the intention of selling,” the analyst wrote. “This behavior looks more like emotional risk management than a deliberate strategic decision.” That distinction matters for market interpretation. A strategic rebalance usually implies pre-planned execution, portfolio rotation, or a controlled reduction in exposure. Panic-driven exchange inflows, by contrast, tend to appear after price damage has already forced large holders to reassess risk. They may worsen near-term pressure, but they can also emerge late in a corrective sequence. Related Reading: Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO Bitcoin was trading near $62,533 at the time of writing, after an intraday low of $61,407 and high of $64,380. That puts the market close to the levels referenced in Darkfost’s comparison with February, when whale inflow activity on Binance last reached a similar intensity during Bitcoin’s drop to $60,000. February Comparison Raises The Key Question The February reference is the central point of the analysis. Darkfost noted that the last comparable surge in Binance whale inflows came as Bitcoin fell below $60,000 earlier this year. In that case, the elevated inflows reflected stress after a sharp drawdown rather than an early warning signal ahead of the full move. “For reference, the last time whale inflow activity on Binance reached such levels was during Bitcoin’s drop below $60,000 in early February,” the analyst wrote. “This development introduces additional selling pressure in the short term. That said, panic-driven moves of this kind tend to arrive well after the fact, as was the case in February.” At press time, BTC traded at $62,332. Featured image created with DALL.E, chart from TradingView.com

5 Jun 2026, 16:00

Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut

BitcoinWorld Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut Real-world asset tokenization infrastructure firm Securitize announced it has cleared a final regulatory hurdle for its listing on the New York Stock Exchange (NYSE). The U.S. Securities and Exchange Commission (SEC) has declared effective the Form S-4 registration statement for the company’s planned merger with Cantor Equity Partners II (Nasdaq: CEPT), a Special Purpose Acquisition Company (SPAC) affiliated with Cantor Fitzgerald. Timeline and Next Steps A special shareholders’ meeting to approve the merger is scheduled for June 29. If the merger receives approval, the combined entity, to be named Securitize Corp., will begin trading on the NYSE under the ticker symbol ‘SECZ’. This milestone follows months of regulatory review and positions Securitize as one of the first dedicated tokenization infrastructure firms to pursue a public listing through a SPAC merger. Why This Matters for the Tokenization Sector Securitize specializes in digitizing traditional assets such as private equity, real estate, and debt instruments onto blockchain networks. The company’s public listing represents a significant validation for the real-world asset (RWA) tokenization market, which has attracted growing interest from institutional investors seeking greater liquidity and operational efficiency. By listing on a major exchange like the NYSE, Securitize gains access to public capital markets, potentially accelerating its technology development and market expansion. Regulatory and Market Implications The SEC’s approval of the Form S-4 indicates that regulators have reviewed the merger’s financial disclosures and legal structure. While this does not constitute an endorsement of Securitize’s business model, it removes a key procedural barrier. The broader tokenization industry continues to navigate evolving regulatory frameworks in the U.S. and abroad, and a successful listing could set a precedent for other firms seeking similar paths to public markets. Conclusion Securitize’s progress toward a NYSE listing marks a notable development in the convergence of traditional finance and blockchain-based asset tokenization. The upcoming shareholder vote will determine whether the firm becomes a publicly traded entity, offering investors direct exposure to the infrastructure powering the tokenization of real-world assets. FAQs Q1: What is a SPAC merger and why is Securitize using one? A SPAC (Special Purpose Acquisition Company) is a shell company that raises capital through an IPO to acquire a private company, allowing that company to go public faster than a traditional IPO. Securitize is using a SPAC merger with Cantor Equity Partners II to list on the NYSE. Q2: What does Securitize actually do? Securitize provides technology infrastructure for tokenizing real-world assets, meaning it converts ownership rights in assets like real estate, private equity, and debt into digital tokens on blockchain networks, enabling easier trading and settlement. Q3: When will the merger vote happen? The special shareholders’ meeting to approve the merger is scheduled for June 29. If approved, the combined company will begin trading under the ticker ‘SECZ’ on the NYSE. This post Securitize Clears Final SEC Hurdle for NYSE SPAC Listing, Moves Closer to Public Debut first appeared on BitcoinWorld .