News
7 Jun 2026, 21:53
Us lawmakers unveil 7 crypto tax draft bills ahead of June 9

🚨 Us lawmakers share 7 crypto tax bills before key hearing. 💼 Staking, mining, and stablecoin taxes are under discussion in $BTC policy talks. 🔍 Accounting and balance sheet treatment for stablecoins is still undecided. Continue Reading: Us lawmakers unveil 7 crypto tax draft bills ahead of June 9 The post Us lawmakers unveil 7 crypto tax draft bills ahead of June 9 appeared first on COINTURK NEWS .
7 Jun 2026, 20:26
Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal

The tension in the Middle East escalated once again on Sunday evening as Israel attacked sites in Lebanon that contained Hezbollah structures and personnel, and Iran responded with warning strikes of its own. US President Donald Trump said he was briefed on the matter and urged Iran to return to the negotiating table after it fired its shots. The attacks began earlier today when Israel hit south Beirut, killing two people and injuring at least 20, all of whom its officials claimed to be related to Iran-backed Hezbollah. According to Israel’s Benjamin Netanyahu, these attacks were a response to previous strikes from the group against his country. Iran’s Islamic Revolutionary Guard Corps (IRGC) retaliated against Israel, saying that its strikes “served as warnings.” It urged Israel to stop the attacks, or a new, broader wave will follow. After noting that he was briefed on the attacks, the POTUS said he was “not happy” with Israel. Moreover, he added that the attacks carried out by the Netanyahu-led country were not coordinated with the US. He also urged Iran to return to the negotiating table after its retaliation. BREAKING: President Trump says he is “not happy” about Israel’s earlier strikes on Beirut, Lebanon, and that the attacks were not coordinated with the US, per Fox News. Trump tells Iran: “You’ve shot your missiles, that’s enough. Get back to the table and make a deal.” — The Kobeissi Letter (@KobeissiLetter) June 7, 2026 Trump previously said that a permanent peace deal was almost complete and he expected it to be announced at the start of the new business week. In the latest development on the matter as of press time, the POTUS said he will call Israel’s PM to urge him not to strike back. Bitcoin’s price reacted immediately to the attacks but in a rather dull manner. It dropped from over $62,000 to $61,200 before it rebounded and now sits close to its starting point. On a broader scale, though, the asset has plunged by $20,000 since its mid-May peak at $82,000, and analysts believe the next leg up could come after the war in the Middle East ends. BTCUSD June 7. Source: TradingView The post Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal appeared first on CryptoPotato .
7 Jun 2026, 19:02
Pundit Says XRP Doesn’t Need CLARITY Act to Survive. Here’s What Banks are Doing

Something is shifting within the largest financial institutions in the U.S. JPMorgan, Bank of America, and Wells Fargo are all planning tokenized deposit systems. The Clearing House is launching a blockchain settlement network next year, built for 24/7 operations and instant tokenized payments. This is not speculation. Congressman French Hill publicly confirmed it while speaking on the CLARITY Act. He stated that banks “will be extremely competitive” in this industry, citing deposit tokenization as the technology that lets them operate without relying on dollar-backed stablecoins. The banks are not fighting crypto. They are building their own version of it. $XRP doesn't need the CLARITY Act to survive. Banks need it so they can stop building behind closed doors and start deploying on XRP Ledger publicly. Fox Business just made that crystal clear. Congressman French Hill laid it out. JPMorgan, Bank of America, and… https://t.co/FFZBbxSZvB — X Finance Bull (@Xfinancebull) June 6, 2026 The Opportunity Institutions Have Waited For Crypto commentator X Finance Bull responded directly to Hill’s remarks with a post outlining what this means for XRP. The post argues that XRP does not need the CLARITY Act to function. The legislation matters because it gives banks the regulatory clarity to deploy publicly at scale. The post points to concrete activity already on the XRP Ledger. Mastercard has settled on it. JPMorgan settled tokenized Treasuries through it . DTCC confirmed Ripple Prime. There are $4 billion in tokenized assets deployed and $1.7 billion in RLUSD circulating across 40+ chains. The infrastructure exists, and the activity is real. What has been missing is a legal structure that allows institutions to operate openly. What the CLARITY Act Establishes The CLARITY Act sets registration standards, custody rules, and clear jurisdictional boundaries between the SEC and CFTC. It gives financial institutions a defined path to deploy digital asset infrastructure without regulatory ambiguity hanging over every decision. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Banks are still lobbying for adjustments to the bill’s final text. However, that is not opposition. They want the language structured to maximize their competitive position once they publicly enter the market. The bill passed the House in July 2025. The Senate Banking Committee then advanced it with a 15-9 vote on May 14, 2026. Then on June 1, it was placed on the Senate Calendar , meaning it is officially scheduled and eligible for a full Senate floor vote. The White House has set July 4 as its target for a presidential signature. Capital Waiting on Regulatory Access X Finance Bull’s post draws a direct line between the bill’s passage and institutional capital deployment. Trillions in banking capital are positioned to move into digital asset infrastructure once the legal framework is in place. XRP Ledger is already built and tested for that volume. He believes that those who understand this can see that XRP’s recent decline is temporary. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit Says XRP Doesn’t Need CLARITY Act to Survive. Here’s What Banks are Doing appeared first on Times Tabloid .
7 Jun 2026, 18:12
Bitcoin falls below $60,000 amid AI and IPO pressures

🚨 Bitcoin plunged below $60,000 for the first time in this cycle. 💰 Investors are shifting funds from $BTC into AI and IPO opportunities. 🔎 Crypto market sentiment faces new pressures from regulation and technology. Continue Reading: Bitcoin falls below $60,000 amid AI and IPO pressures The post Bitcoin falls below $60,000 amid AI and IPO pressures appeared first on COINTURK NEWS .
7 Jun 2026, 18:00
Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy

Justin Sun has reportedly been offered a behind-the-scenes settlement by a World Liberty Financial investor, though no resolution has been announced. That unresolved tension now has a new flashpoint: Sun’s crypto exchange HTX has moved to fully delist USD1, the stablecoin tied to US President Donald Trump’s World Liberty Financial project. A Freeze That Started It All HTX announced on June 6 that USD1 would be removed from its platform on June 7. Users holding USD1 on the exchange will have their balances converted to USDT at a 1:1 rate, with the converted funds credited to their spot accounts. The exchange said the decision was made to reduce potential risks, protect user assets, and maintain fair trading conditions. HTX stopped short of labeling it retaliation, but the timing left little ambiguity. 火币 HTX 关于 $WLFI、 $USD1 资产处理的情况说明 The World Liberty Financial (WLFI) 项目方近期以相关制裁合规审查为由,单方面对火币 HTX 相关链上地址采取冻结措施,导致部分 WLFI 资产链上流转受限。 鉴于 USD1 同样由 WLFI… — 火币HTX (@HuobiGlobal) June 6, 2026 A day earlier, on June 5, HTX had already suspended several trading pairs involving WLFI tokens — including WLFI/USDT, USD1/USDT, BTC/USD1, and ETH/USD1. The suspension followed what HTX described as a unilateral move by the WLFI project team to freeze on-chain wallet addresses linked to Huobi HTX, citing sanctions compliance reviews as justification. Lawsuit Hangs Over The Dispute The conflict does not exist in isolation. It is playing out against the backdrop of an active legal fight between Sun and WLFI. Sun filed a lawsuit against the project, alleging his tokens were frozen without cause and that WLFI operates a blacklist mechanism capable of restricting or destroying user funds. 关于火币HTX下架USD1(USD1)并将用户资产兑换为USDT的公告 鉴于 USD1 为 WLFI 项目方发行的资产,为降低潜在风险、保障用户资产安全及维护公平交易环境,火币HTX将于2026年6月7日11:00(UTC+8)时下架 USD1,并将用户账户内符合兑换范围的 USD1 按 1:1 的比例兑换为 USDT。 兑换完成后,对应 USDT… https://t.co/O34q0Joc7k — 火币HTX (@HuobiGlobal) June 6, 2026 WLFI hit back with a countersuit, accusing Sun of running a coordinated defamation campaign and using social media influencers and bots to spread damaging claims about the project. The two sides appear no closer to a resolution. A settlement offer from a major WLFI investor was extended to Sun, but he has made no public statement indicating progress on that front. What Comes Next For USD1 Holders For users on the exchange, the immediate impact is straightforward: USD1 holdings will be swapped out for USDT, and the exchange has said the distribution timeline will be confirmed separately. The broader question — whether WLFI’s invocation of sanctions compliance to freeze a counterparty’s on-chain addresses was legally grounded or tactically motivated — remains open. Neither WLFI nor its legal representatives have issued a detailed public explanation of the freeze. USD1 is a stablecoin issued by World Liberty Financial, a crypto project backed by Trump. Featured image from Baltana, chart from TradingView
7 Jun 2026, 17:45
Bitcoin Holds $62K as Strategy Insiders File $15M Sale, RSI Plunges to 21.92

Bitcoin News SEC filings disclosed late last week that Strategy's chief executive and chief financial officer plan to liquidate roughly $15 million in MSTR shares tied to recently vested awards. CE...







































