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Bitcoin Price Prediction: Illinois Crypto Transfer Tax Proposal Adds New Regulatory Pressure

Bitcoin price is butchered as a wave of state-level regulatory pressure lands on a market prediction that is grinding through consolidation. Illinois just became the first U.S. state to impose a direct transaction-level tax on digital assets. What makes it even worse is the law’s structure. The full implications for exchange operations and user behavior…

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Amazon Won’t Release Sam Altman Film ‘Artificial’ Following $50 Billion OpenAI Investment

In brief Amazon has pulled its nearly finished Sam Altman film “Artificial” from its release schedule and is now shopping it to other distributors. The Andrew Garfield-starring film reportedly portrays Altman unflatteringly, and Amazon’s decision comes following a $50 billion investment into the AI giant. CAA is now screening the film for potential new distributors,…

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    Is Franklin Resources Stock Outperforming the Dow?

    Franklin Resources, Inc_ franklin-by luril Garmash via iStock Franklin Resources, Inc. (BEN) is a global investment management company offering equity, fixed income, multi-asset, and alternative strategies through specialist investment managers. It serves retail, institutional, and high-net-worth clients via mutual funds, ETFs, and digital-asset products. The company is headquartered in San Mateo, California. The company has a market capitalization of…

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    CME lawsuit challenges whether Kalshi’s Bitcoin leverage push can become an everything-exchange

    The CFTC approved KalshiEX’s BTCPERP contract on May 29, one day after Kalshi submitted it under Regulation 40.3. The contract references spot Bitcoin, carries no expiry date, and perps generally allow leverage as high as 50-to-1, with automatic liquidation that can wipe out positions during sharp moves. CME CEO Terry Duffy announced the company would…

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