Sarbartha Ghosh

Monday BTC Analysis: Why Patience Matters More Than Predictions
Every Monday, many traders rush into the market trying to predict Bitcoin's next big move. In reality, Monday is not about being the first trader to enter a position. It is about understanding the market structure and waiting for confirmation.
Bitcoin often starts the week with increased volatility as global markets reopen. Instead of chasing candles, traders should focus on three important factors: trend, support and resistance, and risk management.
First, identify the overall trend. Is Bitcoin creating higher highs and higher lows, or lower highs and lower lows? Trading with the trend is generally safer than trading against it.
Second, mark important support and resistance zones. These are areas where buyers and sellers have previously shown strong interest. Never enter a trade blindly in the middle of a range.
Third, protect your capital. Even the best traders lose trades. The difference is that professionals control risk and avoid emotional decisions.
My Monday trading rules:
✅ Wait for market confirmation.
✅ Never force a trade.
✅ Risk only 1–2% per trade.
✅ Avoid revenge trading.
✅ Focus on consistency, not quick profits.
Remember: Missing a trade is better than taking a bad trade.
The market will always provide another opportunity tomorrow. Patience is a trading edge.
This article is for educational purposes only and not financial advice.
$BTC $SPCXB $NVDAB #bitcoin #trading #cryptotrading #RiskManagement #BinanceSquare

Musk used money from Zip2 and PayPal to fund SpaceX, the company struggled badly at first, and three early rocket launches failed. In 2008, both SpaceX and Tesla were close to going under, but SpaceX survived after its fourth Falcon 1 launch finally succeeded and NASA gave it a major contract.

From there, the post highlights how SpaceX grew through Falcon 9, reusable rockets, Crew Dragon, and Starlink, turning into a dominant space company. It then claims SpaceX recently IPO’d at a $1.77 trillion valuation under the ticker SPCX, and that Musk’s stake made him the world’s first trillionaire.

Overall, the post is telling a dramatic “near-bankruptcy to historic success” story, with SpaceX shown as Musk’s biggest and boldest achievement.
$SPCX
Elon Musk currently controls SpaceX, Tesla, xAI, X Corp, Neuralink, and The Boring Company.
It started with one warehouse, $100 million, and a rocket that failed three times in a row
#SpaceX #IPO #Starlink #Starship #ElonMusk #Stocks #Investing #NASDAQ #AI #ASKHoldings #ALPY " data-hashtag="#SpaceX #IPO #Starlink #Starship #ElonMusk #Stocks #Investing #NASDAQ #AI #ASKHoldings #ALPY " class="tag">#SpaceX #IPO #Starlink #Starship #ElonMusk #Stocks #Investing #NASDAQ #AI #ASKHoldings #ALPY #SpaceX

Il Protocollo Humanity ha subito una grave violazione della sicurezza dopo che le chiavi private appartenenti a un membro della Humanity Foundation sono state compromesse. Più di 19 portafogli sono stati svuotati per oltre $31 milioni, con l'attaccante che sta attivamente convertendo i token H rubati in Ethereum.
Il protocollo ha confermato l'incidente e ha pubblicato su X: “Abbiamo rilevato un incidente di sicurezza che coinvolge la compromissione delle chiavi private appartenenti a un membro della Humanity Foundation. Stiamo già collaborando con esperti di sicurezza e i nostri partner di scambio per risolvere la situazione.”

Crypto taxation moves to the center of Washington’s digital asset debate as the House prepares to examine seven separate legislative drafts. Meanwhile, Senate lawmakers continue negotiating the Clarity Act, with unresolved disputes over DeFi, ethics rules, and stablecoin yields slowing progress.
🚨🗞️NEW: House Turns to Crypto Taxes as Clarity Act Negotiations Continue in the Senate
Plus, what we're watching this week and a roundup of weekend headlines. ⬇️https://t.co/4u2Vv7GwP9— Eleanor Terrett (@EleanorTerrett) June 8, 2026
The House Ways and Means Committee will hold a hearing on Tuesday featuring representatives from Fidelity, Coinbase, Coin Center, and New York University. The session will examine proposals designed to change how miners, validators, lenders, traders, donors, and stablecoin users report digital asset activity.
Seven Tax Drafts Reach House Review
Lawmakers divided the broader Digital Asset PARITY Act into seven standalone proposals. Representatives Max Miller and Steven Horsford introduced the original bipartisan framework, while Senator Cynthia Lummis previously advanced similar tax legislation in the Senate.
The drafts address routine stablecoin transactions, mining and staking income, crypto lending, wash sale treatment, charitable donations, and voluntary taxpayer disclosures. Splitting the provisions allows lawmakers to consider each tax issue separately rather than advancing one large package.
Industry organizations, including the Digital Chamber, Blockchain Association, and Crypto Council for Innovation, welcomed the committee’s approach. The Digital Sovereignty Alliance said separate drafts could give lawmakers more room to examine staking, mining, lending, and wash sale rules.
However, some industry participants have raised concerns about individual provisions. Those objections had not entered the public record before the scheduled hearing.
Related: US House Circulates Seven Crypto Tax Drafts Ahead of June Hearing
Illinois Tax Adds State-Level Pressure
The federal discussion arrives as Illinois considers a separate 0.2% tax on certain digital asset transactions. Lawmakers included the measure in a $56 billion state budget that awaits Governor JB Pritzker’s signature.
The Illinois Blockchain Association and the Digital Chamber urged state lawmakers to reconsider the levy. Their joint letter argued that the transaction tax could discourage investment and push digital asset businesses outside Illinois.
Illinois hosts more than 300 blockchain and crypto companies. Chicago also supports major derivatives markets through regulated institutions such as CME Group and Cboe.
Related: Hungary Scraps Criminal Penalties for Crypto Services
Clarity Act Timing Remains Uncertain
Senate negotiations will continue as lawmakers combine the Banking and Agriculture Committee versions of the Clarity Act. They must also resolve ethics provisions, DeFi language, and technical changes linked to the GENIUS Act.
Lummis said a vote before the July 4 recess remains possible, though consideration after lawmakers return on July 13 appears more likely. The Senate would need 60 votes to advance the combined legislation.
Stablecoin yield remains another disputed area. Banking groups argue that yield-bearing products could pull deposits from traditional institutions. Supporters maintain that banks can integrate digital asset services without losing their existing role.
Lummis said bank deposits have risen while stablecoin issuance expanded. Former Senator Pat Toomey also addressed Republican lawmakers and argued that concerns over deposit migration were overstated.
Additionally, more than 200 crypto organizations signed a letter urging Senate leaders to bring the Clarity Act to the floor quickly.
$ETH $BNB $BTC

Singapore allows individual investors to sell crypto without capital gains tax. The rule applies when the assets are held as personal investments. It reflects a long-standing policy maintained by the Inland Revenue Authority of Singapore.
IRAS has maintained this approach since at least the mid-2010s. The rule continues to apply heading into 2026 It covers investment-held digital tokens such as Bitcoin, Ethereum, and similar assets.
BREAKING NEWS
🇸🇬 SINGAPORE NOW OFFERS 0% CAPITAL GAINS TAX ON BITCOIN AND CRYPTO
BULLISH FOR $CRYPTO pic.twitter.com/4dzMyKwiUL— Global Rashid (@globalrashid007) June 7, 2026
IRAS Clarifies Tax Treatment for Crypto Investors
Singapore does not impose a general capital gains tax on individuals. As a result, gains from selling crypto are not taxed when the assets are treated as personal investments. Losses from these transactions are generally not tax-deductible.
However, IRAS has maintained this approach for years, with current guidance still applying in 2026. The rule covers investment-held payment tokens such as Bitcoin, Ether, and similar digital assets.
Profits from crypto trading may be taxed if IRAS treats the activity as a business. The outcome depends on the nature, scale, and purpose of the transactions.
However, buying, holding, and later selling digital tokens is usually treated as personal investment activity. In that case, gains are generally outside Singapore’s income tax framework.
GST may apply to certain crypto-related supplies. However, exchanges of digital payment tokens are generally exempt from GST under Singapore’s treatment of such assets.
Singapore Crypto Rules Stand Apart From Global Tax Models
This makes the approach of the Singaporean government different from other large markets. In the USA, cryptocurrencies are regarded as property. This means swapping one cryptocurrency for another or using crypto for purchases may trigger a taxable event.
In India, there is a uniform tax rate for profits. The United Kingdom, Germany, and Australia have different tax models.
The unique position of the city state regarding taxation goes hand-in-hand with broader regulations. The regulator responsible for overseeing digital assets is the Monetary Authority of Singapore. It has a framework for service providers and covers issues like stablecoins.
The absence of a capital gains tax could be conducive to developing long-term holding strategies. For individuals with investments based out of Singapore, selling their personal holdings does not involve capital gains tax.
Still, government policy could change over time. Investors pursuing long-term strategies may need to monitor future updates from IRAS or government officials.
However, Singapore keeps strict licensing rules for crypto firms under the Payment Services Act. As MAS continues to act against companies that fail to meet regulatory requirements.
$BTC

Bitcoin sta affrontando un altro grande test poiché il calo attuale viene paragonato ai mercati orso degli anni della Coppa del Mondo FIFA precedenti. La pressione è seguita da un flash crash del 10 ottobre che ha cancellato $19 miliardi in posizioni crypto con leva in un pomeriggio e ha trascinato verso il basso i token principali.
Il selloff ha spinto Bitcoin giù dal suo picco di $126.000 a $105.000. Anche Ethereum, Solana, XRP e diverse altre grandi criptovalute sono diminuite durante quel movimento.
Il Pattern della Coppa del Mondo di Bitcoin Solleva Preoccupazioni Orso
Tuttavia, il confronto di mercato proviene dai precedenti cicli della Coppa del Mondo FIFA che si sono svolti anche durante periodi critici per le crypto. Nel 2014, Bitcoin è entrato nel torneo vicino ai $620 e ha chiuso intorno ai $580, mentre il mercato stava ancora affrontando la bolla del 2013 e il crollo di Mt. Gox.

L'ex capo di FTX, Sam Bankman-Fried, ha formalmente chiesto al presidente Donald Trump un perdono presidenziale, nonostante le dichiarazioni precedenti che suggerivano che la richiesta affronta una forte resistenza. Il deposito segna un altro capitolo negli sforzi del discreditato dirigente crypto per ribaltare l'opinione pubblica e politica dopo la sua condanna per frode che ha scosso l'industria degli asset digitali. Inoltre, questa mossa arriva mentre Bankman-Fried continua a fare appello contro la sua condanna mentre sta scontando una lunga pena detentiva legata al crollo di FTX.

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Compagni di Binance,
Negli ultimi giorni, il mercato globale delle criptovalute ha vissuto una significativa volatilità, influenzando utenti, istituzioni e l'intero settore. Per molti, le conseguenze del calo macroeconomico sono state dolorose per il nostro settore nascente, impattando non solo i prezzi degli asset ma anche la fiducia degli utenti.
Binance ha affrontato anche delle sfide. E abbiamo subito scrutinio sia dall'interno che dall'esterno del settore. In quanto leader del settore, ci aspettiamo un certo livello di scrutinio, giusto o ingiusto. Tuttavia, gli utenti sono sempre la nostra prima priorità. È ciò che ci rende ciò che siamo. Senza il supporto dei nostri utenti, non ci sarebbe Binance.