Hungary Backs Away From Bitcoin And Crypto Criminalization In Regulatory U-Turn

Hungary is dismantling the restrictive digital asset framework introduced under former Prime Minister Viktor Orbán, a policy overhaul that will decriminalize crypto trading and eliminate the prison sentences that had driven major platforms from the country, government spokesperson Anita Kobol said Thursday, according to Bloomberg. 

The rollback marks a full reversal of legislation that took effect July 1, 2025, after parliament passed rules criminalizing the use of unlicensed exchanges and certain unauthorized high-value crypto transactions. 

Those transactions — ranging between 50 million Hungarian forints (roughly $162,000) and 500 million forints (roughly $1.62 million)…

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Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, And Buyback Authorization

Nakamoto Inc. (Nasdaq: NAKA), a Nashville-based Bitcoin operating company, announced today a set of capital structure initiatives that include a $45 million debt reduction, a loan refinancing with extended maturities, and a $25 million share repurchase authorization. 

Shares of NAKA briefly climbed 20% on the news, at the time of writing.

The company retired $45 million in outstanding debt through the repayment of a portion of its loan with Payward Interactive, Inc., doing business as Kraken. Nakamoto funded the repayment by selling approximately 600 Bitcoin and Bitcoin-related derivative positions, which generated approximately $48 million in net proceeds. 

The transaction…

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DOGE Crashed 31% The Last Time This Indicator Fired: Now It Is Flashing Buy

The Tom DeMark Sequential indicator that predicted Dogecoin’s (CRYPTO: DOGE) 31% crash from $0.113 to $0.078 in May is now flashing a buy signal as DOGE bounced 3% on Thursday.

The Same Indicator That Called The Top Is Now Calling A Bottom

Analyst Ali Charts flagged the signal on X, noting the May 7 sell signal preceded the 31% correction almost exactly. 

The same setup now points the other direction. Supporting the case, the daily SAR flipped bullish at $0.078, sitting below price and holding for two consecutive green days, the most constructive price action since April. 

On Tuesday, Ali Charts also flagged whale accumulation of over 200 million DOGE, adding further weight to the setup.

Benzinga

Kevin O’Leary Says ‘Bitcoin’s Going Nowhere Until CLARITY Becomes Law’

Kevin O’Leary says Bitcoin’s (CRYPTO: BTC) recent weakness has less to do with fading investor interest and more to do with regulatory uncertainty.

BTC Going “Nowhere” Until CLARITY Act

Appearing on Fox Business on June 10, the O’Leary Ventures chairman said Bitcoin’s decline from its all-time high near $120,000 to around $60,000 has disappointed many investors who expected ETFs and institutional adoption to drive prices higher.

“Bitcoin’s going nowhere until the CLARITY Act becomes law,” O’Leary said.

He added that sovereign wealth funds and institutions are not yet touching Bitcoin as it is not yet law. O’Leary predicts 1% to 3% allocation of sovereign wealth to… Read more on Benzinga

Public Companies Added 43,557 BTC In May As SpaceX Enters Bitcoin Treasury Race

Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 BTC before sales, or 43,557 BTC net, according to BitcoinTreasuries.net’s May 2026 Corporate Adoption Report. 

At the May 31 price of $73,579.69 per coin, those net additions were worth $3.2 billion — extending a months-long accumulation streak even as Bitcoin sat roughly 42% below its all-time high.

Strategy maintained its position at the top of the leaderboard, acquiring 25,404 BTC in May and holding the No. 1 spot among all public companies by Bitcoin treasury size. But its dominance drew more scrutiny this month after the company disclosed a sale of 32…

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SpaceX IPO Driving Capital Rotation From Crypto Into AI, Solana Foundation President Says

Capital Rotation Behind Price Downfall

Liu argued on CNBC on Wednesday that over Bitcoin’s 17-year history, it has risen from mere cents to tens of thousands of dollars, reaching as high as $120,000 during the latest cycle.

“Over the long term, it is doing fine,” Liu said.

According to Liu, the primary reason behind disappointing price action is a shift in capital toward other speculative growth opportunities.

She pointed to the digital asset treasury boom that fueled crypto markets between June and September 2025 as a major source of liquidity.

Following such a strong rally, some rotation was inevitable. “There will be a bit of relaxation after that,” Liu said.

She also cited broader…

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A Trump Crypto Bet Vaporized 92% Of This Stock— But Here’s Why The CEO Won’t Sell – American Bitcoin (NAS

AI Financial Corp., (NASDAQ:AIFC), previously known as Alt5 Sigma, has reported an improved outlook despite suffering significant losses from a billion-dollar investment in a Trump-endorsed cryptocurrency. 

On Wednesday, the company disclosed in a Securities and Exchange Commission filing that the issues that led to its previous warnings to investors “have been substantially mitigated.” The company said it has enough liquidity and financial resources to support operations and meet its obligations for at least the next 12 months.

In August, the company, then known as Alt5 Sigma, entered into a $1.5 billion deal with the Trump family-backed World Liberty Financial (WLFI). Since…

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Bitcoin Sale Didn’t Shake Institutional Investors, Says Strategy CEO, But Crypto Anarchist Retail Crowd G

Strategy CEO Says BTC Sale Blown Out Of Proportion

During an interview with CNBC, Le said that the firm would continue to sell its Bitcoin if “it makes sense” for its common stockholders.

He stated that the latest sale of 32 BTC, worth $2.5 million, was to “test” the company’s processes and wondered why it received so much attention.

“Institutional shareholders that we talk to don’t seem to be unnerved by it,” the CEO added. “I think the unnerving is the retail community that views on never selling your Bitcoin, who are crypto-anarchists. Frankly, we have a lot more than just them as constituents.”

Strategy To Remain BTC’s Biggest Buyer?

Le reiterated his belief in…

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US-Iran Ceasefire Odds Crater As Trump Launches New Strikes

The odds of President Trump announcing a ceasefire between the U.S. and Iran have plummeted as the U.S. and Iran have started exchanging strikes.

Here’s What Prediction Market Is Saying

Over $1.5 million has been bet on the contract so far.

The odds of a deal being announced by June 12 have recorded a 43% decrease and bettors see a 7% probability of a deal by this date.

According to bettors, a deal is unlikely by June 15, placing a 15% probability on this date, down by 35%. The odds of a deal by June 30 are higher at 31%, but they have also recorded a decline of 22%.

Trump Says More Strikes Likely

Trump on Wednesday announced that additional military action could follow if Tehran fails to…

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Strategy (MSTR) CEO Says Bitcoin Sale Was About Market ‘Inoculation,’ Not A Retreat

Strategy Inc. CEO Phong Le somewhat pushed back Tuesday against the wave of criticism that followed the company’s first Bitcoin sale since 2022, telling CNBC’s Power Lunch that the move was a deliberate, limited exercise designed to signal operational flexibility — not a philosophical reversal.

“We wanted to inoculate the market and we wanted to test our processes,” Le said in what the network described as a first-time interview. “We learned that everything works.”

Between May 26 and May 31, Strategy sold 32 Bitcoin for approximately $2.5 million at an average price of $77,135 per coin — a transaction that, despite representing just 0.004% of the company’s…

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