Bullish Trump Coin (BTC)

The market's green but it's not much of a move.

We need:

BTC above $70K
SOL at $100+
HYPE to $100

That's not much to ask for, right? https://t.co/zlZqgSzm92

🚨 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.

🚨 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.