Bitcoin likes the promise of Peace in the Middle East.

🇨🇳 CHINA MOVES CLOSER TO LAUNCHING SWIFT ALTERNATIVE BACKED BY FIVE CENTRAL BANKS China is advancing mBridge, a blockchain-based cross-border payment network backed by the central banks of China, Hong Kong, Thailand, the UAE, and Saudi Arabia. The platform is designed to settle international transactions in seconds using central bank digital currencies, bypassing traditional correspondent banking rails and reducing reliance on the US dollar as the intermediary currency. Originally launched under the Bank for International Settlements (BIS) in 2021, ownership of the project was transferred to participating central banks in 2024, with Beijing now taking a leading role in its development. Supporters say mBridge can dramatically lower settlement costs, speed up international payments, and expand access for smaller businesses that struggle with the complexity and expense of existing cross-border payment systems. If widely adopted, mBridge could strengthen the international use of the digital yuan, deepen trade ties between participating nations, and accelerate the emergence of a multipolar global payments system competing directly with SWIFT.

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🇵🇱 POLISH PRESIDENT VETOES CRYPTO BILL FOR THE THIRD TIME Polish President Karol Nawrocki has vetoed legislation regulating Bitcoin and crypto assets for a third time, arguing the bill failed to address his previous objections and imposed excessive burdens on the industry. The legislation was designed to implement the EU’s Markets in Crypto-Assets (MiCA) framework and establish a domestic licensing regime for crypto companies under Poland’s financial regulator. Nawrocki and his allies have repeatedly argued that Poland’s version of MiCA goes beyond what is necessary and could push Bitcoin and crypto businesses to relocate to more crypto-friendly EU jurisdictions with simpler regulatory regimes. The dispute has become one of the biggest crypto policy battles in Europe. Prime Minister Donald Tusk’s government says the law is needed to protect consumers, combat money laundering, and bring Poland into compliance with EU rules, while opponents warn it would stifle innovation and drive investment abroad. The veto leaves Poland in a unique position ahead of the EU’s July 1 deadline. MiCA remains directly applicable across the European Union, but without national implementing legislation Poland lacks a fully operational licensing framework, creating uncertainty for domestic crypto firms and potentially encouraging businesses to seek authorization elsewhere in the EU. The bill had already been vetoed twice before, making this the third rejection in less than a year and extending the standoff between Poland’s president and government over the future of Bitcoin and crypto regulation.

🇸🇻 EL SALVADOR BECOMES ONE OF THE WORLD’S MOST ATTRACTIVE BITCOIN TAX HAVENS President Nayib Bukele’s latest residency reform slashes the physical presence requirement for temporary residents from 9 months to just 90 days per year. Combined with El Salvador’s territorial tax system, the benefits are significant: • 0% tax on foreign-source income • 0% capital gains tax on Bitcoin • No wealth tax • No inheritance tax • No gift tax A 2024 tax reform explicitly exempted foreign-source income for both residents and non-residents, making the country increasingly attractive to entrepreneurs, investors, remote workers, and digital nomads earning abroad. The incentives extend to businesses as well. Companies operating under qualifying technology export, international services, and free zone regimes can receive up to 15 years of tax exemptions, including relief from corporate income tax, VAT, withholding taxes, import duties, and capital gains taxes. The move further strengthens El Salvador’s position as a global hub for Bitcoiners, entrepreneurs, and internationally mobile capital.

NEW: -10% Bitcoin Network Difficulty Adjustment expected in a little over 24 hours 👀

Bitcoin Fear & Greed index is now at 12, Extreme Fear territory.

JAPAN MOVES TO TREAT BITCOIN LIKE STOCKS Japan’s lower house has approved landmark legislation that would bring Bitcoin and other digital assets under the same legal framework as traditional securities. The proposal cuts the maximum tax on crypto gains from 55% to a flat 20%, matching stocks and bonds, while opening a pathway for regulated crypto ETFs and broader institutional participation. The bill would classify cryptocurrencies as financial instruments under Japan’s Financial Instruments and Exchange Act (FIEA), extending securities-style rules to the crypto market, including insider trading restrictions. The legislation also significantly increases penalties for unregistered crypto sellers, raising the maximum prison sentence from 3 years to 10 years. Japan Exchange Group has indicated crypto-linked ETFs could begin listing as early as next year if the regulatory framework is finalized. The bill now heads to the upper house. If approved, it would mark one of the most significant crypto regulatory reforms in a major economy, lowering taxes, enabling ETFs, and bringing digital assets further into the traditional financial system.

NEW AIR PURIFIER SECRETLY MINES BITCOIN Heatbit unveils Bitair, a Bitcoin miner disguised as a home air purifier. The device combines True HEPA air filtration for rooms up to 200 square feet with a built-in 1.2 TH/s Bitcoin mining chip, drawing just 20 watts of power and operating at 25–44 dB. Heatbit says Bitair is designed to bring Bitcoin mining into the home without the noise, heat, or complexity traditionally associated with mining hardware. Users can solo mine, join mining pools, or switch between the two through the app. At 1.2 TH/s, solo miners face roughly 1-in-17,200 annual odds of finding a Bitcoin block and claiming the full 3.125 BTC reward. The device is available for pre-order at a $149 Genesis price, with retail pricing set at $249 and shipments expected to begin in September 2026.

SENATOR LUMMIS: "Other nations are accumulating Bitcoin quietly. We should be doing it loudly, on the record, by law."

Bitcoin and gold diverging over the last 24 hours 👀

Saylor Is Being Bankrupted On Purpose — And He Has No Clue Tom Luongo explains why he believes the US Treasury is preparing to redollarize the world with gold and Bitcoin. And why Saylor could become collateral damage in the process. Watch 👉

NEW: "The CLARITY Act has passed the committee stage. The floor is next. We have come too far to now turn back at the 5-yard line," says Senator Cynthia Lummis.

NEW: Clarity Act is a ‘net positive’ for Americans and innovation, says Abra CEO Bill Barhydt.

"Bitcoin today should be 400 grand. It's 60. There's a reason for that." Tom Luongo joins to discuss: 🔸 Why Bessent wants $15k gold & $1M Bitcoin 🔸 Why he says Saylor goes bust before $1M Bitcoin 🔸 How the US redollarizes with Bitcoin and gold YouTube: Fountain: https://fountain.fm/episode/lR6aTWclsI2BWgGx9iQz

Do you trust a Sunday pump?

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Royal Government of Bhutan transfers out another 738 Bitcoin ($44.88M).

NEW: Morgan Stanley Wealth Management partners with Galaxy Digital on a referral program enabling eligible clients to lend Bitcoin in exchange for shares of spot cryptocurrency ETPs, including the Morgan Stanley Bitcoin Trust.

Gold, Bitcoin, stocks - Everything is selling off. What’s going up? The dollar.