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Third leg of the stool:' House lawmakers set to debate crypto tax bills as questions still loomNews
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'Third leg of the stool:' House lawmakers set to debate crypto tax bills as questions still loom
By Sarah Wynn
Policy•June 9, 2026, 12:33PM EDT
UPDATED: June 9, 2026, 3:55PM EDT

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'Third leg of the stool:' House lawmakers set to debate crypto tax bills as questions still loom
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Quick Take
Since last week, seven crypto tax bills have been introduced by Republican lawmakers in the tax committee.
One bill sets tax limits on smaller crypto transactions, another defers taxation for mining and staking until the assets are sold, and a separate bill extends wash sale rules to cryptocurrencies.
The hearing could forecast Democratic support and messaging, sources told The Block.
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Lawmakers are set to debate several cryptocurrency tax bills Tuesday afternoon amid growing questions over how tax rules should apply to digital assets and whether the measures can attract bipartisan support.

The House Ways and Means Committee, the primary tax-writing panel in the House, is set to hold a hearing at 2 p.m. ET to discuss a slew of crypto bills — from language that would create a cap for when assets would be taxable to clarifying how taxes apply to staking and mining.

The hearing comes as Senate lawmakers grapple with how to advance the Clarity Act, legislation that would establish the first comprehensive federal framework for regulating the cryptocurrency industry. It follows last year’s enactment of a federal stablecoin bill, with regulators now working to implement its provisions.



Third leg of the stool:' House lawmakers set to de

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World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin 'Meaningful Floors' Seen at $60K–$70K, Analyst Says Bitcoin

BTC Prophet: 20-Day 380 Million HTX Challenge

Bitcoin 'Meaningful Floors' Seen at $60K–$70K, Analyst Says
Bitcoin price today shows on-chain data pointing to a cost basis cluster for BTC holders in the $60,000–$70,000 range, signaling potential support. Analyst Frank Fetter estimates 20% of circulating supply was last moved in this band, which could cushion further declines. Bitcoin price prediction models highlight the need to reclaim resistance above $60,000 to prevent a drop toward the mid-$50,000s. Technical indicators remain bearish ahead of a critical breakout.
Bitcoin appears to be stabilizing after a sell-off, with on-chain analytics pointing to a meaningful concentration of holders’ cost basis in the $60,000–$70,000 region. At the same time, technical indicators still leave room for downside if BTC fails to reclaim key resistance levels.

According to on-chain data shared by quant analyst Frank Fetter, roughly 20% of Bitcoin’s circulating supply is now last priced within the $60,000–$70,000 band, suggesting a potential “floor” built around recent redistribution. However, chart-based risk remains as traders watch for whether BTC can hold above $60,000 or breaks lower toward the mid-$50,000s.
Unrealized price distribution (URPD) data indicates about 20% of BTC supply was last transacted between $60,000 and $70,000, strengthening the case for a near-term support zone.

Analysts describe the broader configuration as a transfer from weaker hands to more resilient buyers, but that does not eliminate sell-off risk.

Bitcoin’s daily chart shows a bear-flag style rebound attempt; failure near the flag’s upper boundary could put another move toward $53,500 at risk.
A daily close above the 20-day EMA at $66,420 may weaken the bearish structure and open the door to higher levels around the 50-day EMA near $70,250.





Bitcoin 'Meaningful Floors' Seen at $60K–$70K, Ana

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World Cup Predictions: 100,000 USDT DailyExclusive: Bitcoin, Ethereum, and XRP Price Predictions – Key Levels to Watch In a discussion with Coinpedia, crypto analyst Kripto Holder shared his latest as

Exclusive: Bitcoin, Ethereum, and XRP Price Predictions – Key Levels to Watch

In a discussion with Coinpedia, crypto analyst Kripto Holder shared his latest assessment of Bitcoin, arguing that the market is currently going through a phase of liquidity gathering and leverage reduction rather than a clear accumulation period.

According to the analyst, the $65,000–$66,000 region should be viewed as an area where excess leverage is being flushed from the market. While Bitcoin holding above $65,000 as Open Interest declines is a constructive development, weak Spot CVD and a negative Coinbase Premium continue to point to a lack of strong spot buying activity.

“Bitcoin is currently telling me: the market is clearing, but the uptrend is not yet confirmed.”

The analyst believes Bitcoin still needs to reclaim the $67,000–$68,000 range and secure acceptance above $72,000 before a sustained bullish trend can be confirmed. Until then, he views the current price action as part of a broader market reset rather than the start of a new leg higher.

Kripto Holder also pointed to recent market activity, noting that Bitcoin wiped out billions of dollars in long liquidations during the latest correction. Following the sell-off, spot whales reportedly began accumulating around the $62,000 level, helping drive the asset back toward $67,000.

In addition, the analyst highlighted that roughly $8 billion in liquidation liquidity remains below current prices, down to $60,000. He suggested that a move toward higher liquidity zones could help improve market structure.


“A sharp wick to the $69,200 band today followed by a rapid pullback would be quite healthy for the market.”

According to the analyst, such a move would remove excess leverage and clear out traders who entered the market late due to FOMO, potentially creating a stronger foundation for the next major trend.

Despite the improving structure, Kripto Holder warned that a loss of the $65

Exclusive: Bitcoin, Ethereum, and XRP Price Predic

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 On-Chain, In Court: What happened in crypto legal news this week US

On-Chain, In Court: What happened in crypto legal news this week

US prosecutors propose late 2026 retrial for Tornado Cash co-founder

Federal prosecutors on Monday submitted a proposed schedule for the potential retrial of Tornado Cash co-founder and developer Roman Storm to begin later this year. Storm was found guilty on one of three charges related to illegal money transmitting in 2025, but a jury deadlocked on two other charges, setting the stage for a potential retrial.

US Attorney for the Southern District of New York (SDNY) Jay Clayton Clayton proposed an Oct. 20 final pretrial conference in Storm’s case, signaling a potential trial start date of late October or November 2026. The filing noted that the timeline was subject to the court’s decision on a Rule 29 motion filed by Storm requesting acquittal of the remaining charges.



On-Chain, In Court: What happened in crypto legal

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$POL valuation gap versus $ADA deserves a closer look 📊 On-chain data is highlighting a clear mismatch between network activity and market pricing. $POL shows stronger TVL, stablecoin liquidity, DEX v

ROBO is currently trading near an important resistance level after showing steady accumulation. Buyers are gradually gaining strength, but a clean breakout is still needed to confirm the next bullish leg. This is already another test of the resistance zone. The more a level gets tested, the higher the chance of a breakout. 📈 Next Targets: $0.05 → $0.07 → $0.10 → $0.15 If volume continues to increase and support remains intact, ROBO could be preparing for a strong move in the coming sessions.

ROBO is currently trading near an important resistance level after showing steady accumulation. Buyers are gradually gaining strength, but a clean breakout is still needed to confirm the next bullish leg.<br />This is already another test of the resistance zone. The more a level gets tested, the higher the chance of a breakout.<br />📈 Next Targets: $0.05 → $0.07 → $0.10 → $0.15<br />If volume continues to increase and support remains intact, ROBO could be preparing for a strong move in the coming sessions.

🚀 $ROBO Approaching Key Resistance Zone – Breakout Watch

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🚀 $ROBO Approaching Key Resistance Zone – Breakout Watch

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