🚨 ILLINOIS MOVES TO REPEAL AGGRESSIVE BITCOIN TAX JUST DAYS AFTER PASSAGE
Illinois lawmakers have introduced HB5798, a bill that would fully repeal the state’s controversial Digital Asset Tax Act.
The legislation, filed by Rep. John Cabello on June 22, would eliminate the tax on the exchange, transfer, and storage of digital assets if passed.
The move comes just days after Illinois approved one of the most aggressive state-level taxes on digital asset activity in the United States.
Bullish Trump Coin BTC Historial de precios USD
Sea propietario de BTC ahora
Compra y vende BTC fácil y seguro en BitMart.Ganar
Pon a trabajar tus criptomonedas inactivas y obtén ingresos pasivos a través de ahorros, staking y más.Bullish Trump Coin X Insight
🚨 ILLINOIS ENACTS MOST AGGRESSIVE BITCOIN TAX IN THE 🇺🇸 US
Governor J.B. Pritzker has signed Illinois’ new Digital Asset Tax Act into law.
Starting January 1, 2027, Illinois will impose a 0.20% tax on the gross value of digital assets exchanged, transferred, or stored for customers.
In practice:
• Buy Bitcoin? Pay the tax.
• Transfer Bitcoin? Pay the tax.
• Store BTC with a custodian? Pay the tax.
Move $1 million through a bank wire, ACH transfer, brokerage account, or traditional custodian and Illinois takes nothing.
Move that same $1 million as a digital asset and the state takes $2,000.
The tax applies regardless of whether there is any profit, income, or capital gain. It is levied simply because a digital asset is being exchanged, transferred, or stored.
Critics argue this creates a first-of-its-kind regime that singles out blockchain-based activity while leaving analogous banking, brokerage, custody, and payment services untouched.
The law targets the service layer of the digital asset economy.
Why time and price is key?
rejections below the "POC" (65.7K) will bring us back to 61.5K and rejections from the "Bearish Pivot" fib (66.8k) can bring us to 62k.
my targets to the upside are mid of the fvg = 68.8k, then find support above the Bearish Pivot, and go back for the top of the fvg =70.7k (or even the 1st R/S at 71k).
invalidation to this move would be rejection at the POC today at the times give in previous post below, and not seeing recovery of the supports given by Tue or Wed.
either way, in simple form: anything above 63.8k is bullish.
$BTC
The afternoon is looking bearish…
Make sure you keep your SL in profit and opportunities to re-enter are coming!
bitcoin:native https://t.co/O1DzqqleNp
Bitcoin reserve company Strive announced that it purchased approximately 75 million USD worth of 759 BTC, with an average purchase price of about $65,850. After this increase, Strive's total Bitcoin holdings reach 19,864 BTC, surpassing the publicly disclosed holdings of SpaceX and Coinbase. https://t.co/Lo1rxgwXAz
Predicción de precios
¿Cuándo es un buen momento para comprar BTC? ¿Debería comprar o vender BTC ahora?
Predicción de Beacon
Pronóstico probabilístico de precios (próximas 24 horas)Esta predicción es un producto técnico experimental y se proporciona solo con fines de referencia. No constituye un consejo de inversión. Los acontecimientos inesperados del mundo real pueden influir significativamente en el comportamiento del mercado. Por tanto, los traders deben tomar decisiones con precaución.
How Many Bitcoins Are There?
How Much Is Bitcoin Today?
What Is Bitcoin Mining?
Explorar más
BM Discovery
Nuevo listado
