🚨 NEW VIDEO @saylor Just Split Bitcoiners Into 4 Types - But He Missed One We break down Saylor's Bitcoin community framework and use it as a lens to view the current infighting taking over the timeline Watch it here 👉 youtu.be/z-WivqK-r04

🇵🇱 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. (The post was edited to use the correct picture)

🇸🇻 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.

The SpaceX IPO is now behind us, and Anthropic’s IPO faces serious question marks after the US forced it to pull Fable 5 from the market. Does that mean the AI IPO liquidity drain that pulled capital away from Bitcoin is finally behind us? Is the BTC cycle bottom in?

NEW: Jack Mallers explains why he asked Michael Saylor to explain his definition of mNAV in front of a live audience in Prague.

NEW: Congressman Warren Davidson pushes back on ongoing CBDC development efforts at regional Federal Reserve banks, questioning why work on a central bank digital currency continues despite growing political opposition.

If the government could do this to Bitcoin, they would have a long time ago.

The Saylor clips from Prague are getting out of control 😅

Say less!!! Buy bitcoin!!!!

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

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

Bitcoin miner margin plunges to 4,67%, a two-year low, as production cost hits $61,200, with electrical cost estimated at $48,965.

NEW: @callebtc reports Cashu is coming to Bitchat via Nutdrop, bringing ecash payments to the mesh network. Send Bitcoin with no QR codes, no keys, and no internet connection required for the sender. Built on Bitcoin, Cashu, and Bitchat.

In a world of accelerating intelligence and material abundance, absolute digital scarcity becomes increasingly valuable.

Are you buying the dip anon?

BITWISE’S ANDRÉ DRAGOSCH SAYS BITCOIN COULD FALL ANOTHER 20% Speaking at BTC Prague, Dragosch identified the long-term holder cost basis near $48,000 as Bitcoin’s “max pain” downside scenario. He pointed to several key support levels below spot, including: 🔸 200-week moving average: ~$61K 🔸 Realized price: ~$56K 🔸 Long-term holder cost basis: ~$48K Despite the recent correction, Dragosch said Bitwise’s bottom-cycle probability model has started ticking higher, suggesting a market low could arrive sooner than the consensus October cycle-bottom expectation. He also attributed much of the recent weakness to roughly $2 billion in weekly ETP outflows, equivalent to around 50,000 BTC being sold into the market in a short period.

NEW: "Bitcoin is the monetary reflection of truth," says Jack Mallers.