BlackRock Wants to Pay You to Hold Bitcoin. Illinois Wants to Tax You for It.
Strategy's preferred stock just hit an all-time low, exposing a stress fracture in its capital machine. Illinois became the first state in the country to tax crypto transactions, including wallet-to-wallet transfers. BlackRock launched a Bitcoin ETF designed to pay monthly income. And confusion over middle-east ceasefire sends Bitcoin bouncing toward $63,000 while US-Iran peace talks resumed.