Oman Launches Mandatory National Bitcoin Mining Pool In State-Backed Push For Regulatory Control

Oman has taken one of the most direct steps by any government to bring bitcoin mining under formal state oversight, launching a mandatory national mining pool that licensed operators across the sultanate are required to join.

The pool, Omanhash.com, was launched by Oman’s Ministry of Transport, Communications and Information Technology and will run in cooperation with Frontier Technologies LLC, an Omani blockchain and Web3 company. 

Enegix Global, a vertically integrated digital energy and infrastructure company, built the technology platform and liquidity infrastructure behind it. The company called it the official national cryptocurrency mining pool of the Sultanate of Oman.

Under…

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79% Of Bitcoin Supply Locked By Long-Term Holders: Analyst

Bitcoin is showing signs of stabilization after a brutal stretch, and research firm K33 says the on-chain evidence is difficult to ignore. In its latest market report, K33 Head of Research Vetle Lunde pointed to a record share of Bitcoin supply held by long-term holders — a metric that, historically, has preceded the end of every major bear market in Bitcoin’s history.

Long-term holders now control 79% of Bitcoin’s circulating supply, an all-time high that K33 says reflects a continued accumulation trend and a gradual shift toward a more constructive market environment. 

That figure carries weight not as a standalone data point, but as part of a broader pattern: in every…

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Crypto Industry Slams Illinois’ New Digital Asset Tax As ‘Most Punitive’ In U.S.

Illinois Governor JB Pritzker signed Senate Bill 3019 into law yesterday, making Illinois the first state in the country to impose a transaction-based tax on crypto. This move drew swift condemnation from crypto industry groups who had urged him to strike the provision before his pen hit the paper.

The Digital Asset Privilege Tax Act, tucked inside a 1,624-page revenue bill that forms part of Illinois’ $55.9 billion fiscal year 2027 budget, levies a 0.2% charge on the value of any digital asset involved in an exchange, transfer, custody, or wallet service conducted on behalf of an Illinois customer. 

The tax takes effect January 1, 2027, and is projected to generate roughly…

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Byte Federal Announces Successful Launch of Custom-Built Integration Supporting BurraPay’s Historic Entry

Byte Federal Announces Successful Launch of Custom-Built Integration Supporting BurraPay’s Historic Entry – Benzinga

And the opportunity doesn’t stop with gaming: Byte Federal is already in talks with other industries about facilitating custom builds tailored to their unique needs.

About Byte Federal

About BurraPay

For more information about BurraPay and its services, visit https://burrapay.com/.

SOURCE Byte Federal Inc.

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Federal Reserve Meeting Crypto Preview: What Does Chair Kevin Warsh Mean For Bitcoin?

Bitcoin (CRYPTO: BTC) has dropped 10% within days of each of the last six FOMC decisions,—and today the Federal Reserve meets under new Chair Kevin Warsh for the first time.

Two Words From Warsh Will Move Bitcoin: Transitory or Persistent

Analyst Andre Jek laid out the two-scenario framework traders need to watch. If Warsh uses language suggesting Iran war inflation is temporary, that dovish read sends risk assets higher. 

If he signals inflation is persistent, markets sell off. A third path matters just as much: any mention of bond market stress or Fed tools to support Treasuries signals quantitative easing is coming, and historically that sends gold and Bitcoin up almost immediately.

US…

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Bitcoin, Ethereum, XRP Drop Up To 3%, But Data Says Sentiment Is ‘Healthy’ – Strategy (NASDAQ:MSTR)

“Healthy” Sentiment For Majors

Santiment Intelligence said on X on June 17 that sentiment across crypto’s three largest communities has moved out of recent fear zones following the reduction in geopolitical uncertainty.

The crypto intelligence platform said bullish-to-bearish commentary now stands at 1.52 bullish posts for every bearish post on BTC, 1.40 for ETH and 1.65 for XRP.

These readings are termed “healthy” noting that optimism has improved compared with the beginning of June.

The firm said investors are becoming more comfortable taking on risk as prices stabilize across equities, commodities and cryptocurrencies.

Santiment noted that none of the major crypto assets are showing…

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Elon Musk Is a Trillionaire And SPCX Is Up 50%: So Why Is Dogecoin Not Pumping?

SPCX Has Real Revenue, DOGE Has Tweets

SpaceX priced at $135, opened at $150, and hit an all-time high of $225.64 on June 16. 

The company posted $18.7 billion in revenue in 2025, holds 12 million Starlink subscribers across 160 countries, and just announced a $60 billion acquisition of Cursor, the AI coding tool running at $4 billion in annual recurring revenue. 

Combined with compute deals with Google and Anthropic, SpaceX’s projected 2026 revenue run rate reaches an estimated $55 billion.

DOGE’s response to Musk becoming the world’s first trillionaire was a 7.6% intraday pop that faded by end of day. 

By the time SPCX was printing new all-time highs Tuesday, Dogecoin was quietly…

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Solana Beats Bitcoin And Ethereum As SpaceX IPO Drives Tokenized Trading Boom

Solana Outperforms The Biggies

Over the past week, Ethereum advanced by nearly 9% and Bitcoin rose 5.89%, as investors boosted risk exposure amid hopes for prolonged global peace.

However, Solana (CRYPTO: SOL), a much smaller asset in terms of market capitalization, has rallied 14%.

SpaceX-Led Surge?

The outperformance could be linked to SpaceX’s blockbuster IPO, which has had a pronounced impact on financial markets.

SOL Sees Higher Long Exposure

SOL was also the frontrunner in the derivatives market. Open interest in SOL futures jumped nearly 16% over the week, compared to 8.50% for Bitcoin and 5.32% for Ethereum, data from Coinglass showed.

Additionally, traders in SOL derivatives favored…

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Stock Market: Will S&P 500 Open Up Or Down Today? – CarMax (NYSE:KMX)

The S&P 500 fell on Tuesday as investors rotated out of chip stocks and into cyclical sectors, but Polymarket traders are betting the benchmark index will rebound at Wednesday’s open.

The S&P 500 closed down 0.57% at 7,511.35, while the June 17 Polymarket contract implied an 78% probability that the index will open higher on Wednesday.

Why That Number Matters

Investors are closely watching Wednesday’s Federal Open Market Committee meeting, the first under new Fed Chair Kevin Warsh.

Markets broadly expect policymakers to leave interest rates unchanged at 3.5% to 3.75%, but traders will scrutinize the Fed’s economic projections and commentary for clues on the path of monetary policy in…

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