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CryptoWorld News reports that Illinois Governor JB Pritzker signed the Digital Asset Tax Act on Tuesday. The act will impose a 0.2% tax based on transaction value on digital assets for customers in Illinois, and it will take effect on January 1, 2027. The tax targets crypto service providers, requiring them to collect and remit the tax on behalf of their customers. Industry organizations such as the Crypto Council for Innovation, the Digital Chamber, and the Illinois Blockchain Association have expressed opposition to the bill.

Indian officials say that due to the Iran war, energy subsidy costs have risen, and this year's budget deficit will increase to 4.8% of GDP, higher than the 4.3% target set in February. The deterioration stems from the global environment rather than a shift in fiscal discipline. The last time the target was missed was during the pandemic, with a deficit reaching 9.2% of GDP in the 2020-21 fiscal year. The government plans to reassess fiscal prospects within the year and push for cross-ministry expenditure cuts, with fertilizer prices being a key factor. The decline in global fertilizer prices helps reduce subsidy spending.

$BTC 59100 liquidity was grab by the market now there's a slight chance or probability that Bitcoin will bounce back to the upside...
also keep in mind that the 59100 is our last price which can be considered as stoploss for long set up... now if your bearish wait for the 2nd attempt of breaking 59100 before taking an entry short and set your stoploss on it at 59100 just manage your risk and adjust your leverage
this is not financial advice

The shell company WIT Tech LLC related to Musk recently purchased at least 6 plots of land in Grimes County, Texas, totaling approximately 6,000 acres, suspected to be the site for the $55 billion chip factory Terafab.
Terafab is jointly promoted by SpaceX, Tesla, and xAI, with a total investment potentially reaching $119 billion, and the transaction amount has not been disclosed.

1. Sui Mainnet Experiences Major Outages for Two Consecutive Days link
Sui officials said the mainnet experienced an issue. On-chain activity may be paused. The core team is investigating and will announce an incident post-mortem. Previously, on May 28, the Sui mainnet had block production halted and transactions suspended due to a validator layer failure. After lasting for several hours, it resumed. According to Sui Status, the Sui mainnet has had major outages for two consecutive days, and the problem came from mainnet settlement. The browser shows that no blocks have been produced for more than an hour.
Sui said the mainnet has resumed operation, and both this downtime and the previous one are related to the interaction between the Address Balances feature introduced in version 1.72 and the Gas billing logic. The previously deployed temporary fix has a known issue that, with a very low probability, could cause a shutdown.
Sui said that, by

Mars Finance News: France's top market regulator warns cryptocurrency companies that if they do not obtain an operational license from the European Union by the end of June, they may be blacklisted and prosecuted. According to the EU Cryptocurrency Regulation (MiCA), crypto companies must obtain approval by June 30 to continue operating within the EU. European regulators have previously warned that companies without licenses need to develop an "orderly exit plan."

On May 28th, multiple international investment banks released research reports intensively, raising target prices for tech giants: Bank of America Global raised Hewlett-Packard to $18, Broadcom to $600; Wells Fargo raised Mavenir Technologies to $240; Mizuho made the largest upward adjustment, raising ARM to $360, Micron to $1,150, Dell to $350, and SanDisk to $1,825; Morgan Stanley also raised Mavenir Technologies to $195.