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According to Bitcoin Magazine, El Salvador is continuously optimizing its immigration system to attract high-net-worth foreign talent and capital (including families). According to Decree No. 531, effective March 31, 2026, the residency requirement for temporary residents has been reduced from a mandatory stay of 9 months per year to a cumulative or continuous stay of only 90 days per year. This adjustment is primarily aimed at entrepreneurs, investors, and remote workers who need to frequently cross borders.El Salvador offers one of the most attractive tax systems in Latin America for individuals with foreign-source income. The country implements a territorial tax system, meaning that only income generated within El Salvador is subject to taxation. A significant income tax reform in 2024 further clarifies that both residents and non-residents can be exempt from income tax on their foreign-source income. This means freelancers, remote workers (such as content creators, developers, and entrepreneurs with foreign income) can enjoy a 0% income tax rate in El Salvador on their overseas income, with no limits on the amount.Additionally, under the country's laws, capital gains related to Bitcoin are not taxed, and the country does not impose wealth tax, inheritance tax, or gift tax. The real focus is whether the individual's country of origin recognizes this arrangement; because most countries typically do not easily relinquish their taxing rights over their tax residents and often conduct strict scrutiny and recovery on tax residency issues.

According to monitoring by Catcher Predict, in the event of "Bitcoin breaking through on June 13" in the prediction market Polymarket, the probability of the "Yes" option in the sub-market "64,000" has experienced significant fluctuations, soaring from 23.5% an hour ago to the current 44.5% (a fluctuation of 21%). Please note the impact of relevant breaking news.

Michael Saylor posted on the X platform congratulating Musk and SpaceX on completing a "historic IPO." He stated that this listing is symbolic and mentioned that "25% of the companies in Mag8 hold Bitcoin on their balance sheets."This statement continues Michael Saylor's consistent viewpoint that Bitcoin is accelerating its entry into the asset allocation systems of large technology companies and gradually becoming part of corporate treasury strategies.

The advisory committee of cryptographic experts led by Coinbase has released a report stating that Bitcoin should immediately begin preparing for potential quantum computing attacks. However, the committee did not take a clear stance on whether to freeze the millions of Bitcoins that could potentially be stolen by quantum computing in the future.It is reported that the committee members include several leading experts, such as Ethereum Foundation researcher Justin Drake, who believe that the current focus of the debate is not on how to introduce quantum-resistant signature technology, but rather on how to handle the Bitcoins that have not been migrated for a long time. One viewpoint calls for setting a deadline, after which the existing ECDSA and Schnorr signature schemes for Bitcoin will cease to be supported, and un-migrated assets will be frozen to prevent future quantum attackers from acquiring large amounts of BTC and impacting the market. Another viewpoint argues that this amounts to asset confiscation, contradicting Bitcoin's core principles of "immutability and user complete control of assets," and could set a precedent for freezing assets in the future due to regulatory pressure.The Coinbase advisory committee pointed out that the aforementioned proposals are not mutually exclusive and can be combined, but it refused to take a position on the issue of "whether to freeze legacy BTC," believing that the final decision should be governed by the Bitcoin community. At the same time, it emphasized two points: first, the technical development of quantum-resistant signature migration should be initiated immediately and should not wait for the governance debate to conclude; second, it is necessary to clearly communicate risk information to users to avoid long-term uncertainty affecting the Bitcoin ecosystem.

According to SoSoValue data, yesterday (Eastern Time June 12), the total net inflow of Bitcoin spot ETFs was $85.8498 million.The Bitcoin spot ETF with the highest net inflow yesterday was Blackrock ETF IBIT, with a net inflow of $57.6944 million for the day. Currently, the historical total net inflow of IBIT has reached $6.2114 billion.The second was Fidelity ETF FBTC, with a net inflow of $18.0047 million for the day. Currently, the historical total net inflow of FBTC has reached $1.0448 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $79.650 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.26%. The historical cumulative net inflow has reached $5.3625 billion.

SpaceX, under Elon Musk, has officially gone public, disclosing in its S-1 filing submitted to the U.S. SEC during the IPO that it holds 18,712 BTC. Based on the current price of approximately $63,000, this portion of Bitcoin is valued at about $1.18 billion, making SpaceX the 8th largest publicly traded company holder of Bitcoin in the world.SpaceX's Bitcoin holdings have been on the balance sheet for some time, with an average purchase cost of around $35,000, resulting in significant potential gains. Another publicly traded company under Musk, Tesla, also holds 11,509 BTC. Together, SpaceX and Tesla hold a total of 30,221 BTC, and if the two companies were to merge, their Bitcoin holdings would rank 5th among publicly traded companies globally.The listing of SpaceX indirectly provides traditional investment portfolios with exposure to Bitcoin and also demonstrates that large strategic companies are increasingly accepting Bitcoin as a treasury asset.

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 2 consecutive days, currently reported at 0.208%. The buying sentiment in the U.S. market has begun to warm up, after being in negative premium for 24 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and an optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, rising market risk aversion, or capital outflow.

According to Cointelegraph, the latest research from Galaxy Digital indicates that due to a lack of speculative activity, the Bitcoin cycle low may occur at higher price levels than in previous bear markets. The analysis suggests that the potential bottom is between $62,000 and the actual Bitcoin price of $53,600.Galaxy's research director Alex Thorn analyzed each top and bottom of the Bitcoin cycle and noted that the four-year cycle is closely related to Bitcoin's historical trends. The decline from peak to trough has steadily narrowed across market cycles, decreasing from early drops of 85% and 84% to 77% in 2022 and 51% in 2026. The current top signal for October 2025 is weak, with only 2 out of 11 traditional top indicators signaling, while the widely watched Pi Cycle Top indicator has failed to trigger for the first time.The market capitalization to realized value ratio (MVRV) for Bitcoin peaked at 2.29, while this ratio ranged from 2.93 to 5.91 in previous cycles. The report also found that several key bottom signals are still missing. Currently, only 4 out of 13 indicators have been triggered, and most stronger signals have yet to appear. Thorn pointed out that based on the current cost price of $53,600, Galaxy estimates the fundamental bottom range to be between $40,000 and $46,000. A more severe "washout" scenario points to $30,000 to $37,000, while a more gradual decline may maintain around $51,000 to $54,000.

According to Livecoins, the Brazilian House of Representatives' Finance and Taxation Committee (CFT) has approved a bill to penalize cyber fraud, authorizing the freezing of cryptocurrency balances of individuals under police investigation, and also proposing amendments to relevant provisions of the Penal Code to increase penalties for cybercriminals.Crimes committed through social media or phone will face harsher penalties, with those convicted of cyber attacks facing imprisonment of 6 to 10 years, up from the previous 4 to 8 years. Additionally, judges will have the authority to freeze suspects' assets in Bitcoin exchanges and bank accounts. Some preventive measures include freezing physical assets and prohibiting the use of payment systems. The bill will next be submitted to the Constitution and Justice Committee (CCJ) for review, which is expected to be completed in the coming days.

According to CoinDesk, Standard Chartered Bank analyst Geoffrey Kendrick stated in a report on Friday that the cryptocurrency market has reached the final bottom of this monetary cycle. The cycle low for Bitcoin is currently set at $59,000, down 53% from the historical high of $126,000 reached on October 6. Kendrick expects that by the end of this year, the price of Ethereum will reach $4,000, and the price of Bitcoin will reach $100,000.He pointed out that there are two core factors supporting this market rebound. First, in recent weeks, Bitcoin spot ETFs have faced the most severe sell-off since their inception. Since the second week of May, total redemptions have exceeded $5.72 billion. He also noted that it is rumored that ETF holders have been liquidating their positions to free up funds to participate in SpaceX's initial public offering (IPO). Kendrick stated that SpaceX's IPO this Friday could end the current selling pressure.Second, if the G7-related peace agreement reached between the U.S. and Iran is true, it would help prevent oil prices from skyrocketing. A decline in oil prices would suppress the rising U.S. Treasury yields, thereby alleviating the macro pressure on the cryptocurrency market. To confirm that the market bottom is solid, Kendrick will closely monitor in the coming days: the news on Monday about Strategy (MSTR) increasing its Bitcoin holdings this week; whether the U.S. spot Bitcoin ETF can restore net inflows this Friday.

According to a report by Galaxy Research, the four-year cycle pattern of Bitcoin remains effective, but the volatility of each cycle is narrowing.The report points out that the peak-to-trough declines in the cycles of 2013, 2017, and 2021 were 85%, 84%, and 77% respectively, while the maximum drawdown in this cycle from the peak in October 2025 to now is only 51%.Due to the relatively mild peak in this cycle, Galaxy believes that the bottom of this cycle will also be relatively shallow, with the baseline scenario expected to be in the range of $40,000 to $46,000, potentially before the fourth quarter of 2026.The report emphasizes that only 8 months have passed since the peak, which is far less than the 12-13 months typically required for the formation of a historical cycle bottom, and most cycle bottom signals have not yet appeared, indicating that the bottom of this cycle has not yet formed.

According to monitoring by Catcher Predict, in the event of "Bitcoin breaking through on June 12" in the prediction market Polymarket, the probability of the "Yes" option in the sub-market "64,000" has experienced severe fluctuations, plummeting from 41.5% an hour ago to the current 21% (a fluctuation of 20.5%). Please note the impact of related breaking news.

Nasdaq-listed Bitcoin mining company Canaan Creative released its Bitcoin mining operation update data for May 2026, which disclosed that it mined 90 BTC through self-operated mining, and an additional 24 Bitcoins came from customer payments. As of the end of May, it held a reserve of 1,867 BTC and 3,952 ETH in its crypto assets.

According to Arkham monitoring, Morgan Stanley "buying the dip" has once again increased its holdings by 71.661 BTC through its spot Bitcoin exchange-traded fund MSBT, worth 4.57 million dollars. As of now, its total Bitcoin holdings have reached 3,850 BTC, valued at approximately 242.6 million dollars.

According to monitoring by Catcher Predict, in the event "Bitcoin breaks through on June 12" in the prediction market Polymarket, the probability of the "Yes" option in the sub-market "64,000" has experienced severe fluctuations, dropping from 41.5% an hour ago to the current 24.5% (a fluctuation of 17%). Please note the impact of related breaking news.

According to SoSoValue data, yesterday (Eastern Time June 11) the total net outflow of Bitcoin spot ETFs was $19.0265 million.The Bitcoin spot ETF with the highest net inflow yesterday was Blackrock ETF IBIT, with a net inflow of $30.2576 million, and the historical total net inflow of IBIT currently stands at $6.2057 billion.Following that is Grayscale Bitcoin Trust ETF BTC, with a net inflow of $5.6208 million, and the historical total net inflow of BTC currently stands at $2.298 billion. The Bitcoin spot ETF with the highest net outflow yesterday was Ark Invest and 21Shares' ETF ARKB, with a net outflow of $27.2082 million, and the historical total net inflow of ARKB currently stands at $1.244 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $79.498 billion, and the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaches 6.26%, with a historical cumulative net inflow of $53.539 billion.

BIT released the latest weekly report "Will the FIFA World Cup Mark the End of the Bitcoin Bear Market?" The report believes that the current bear market trend of Bitcoin is largely consistent with its outlook for early February 2026. The previously predicted A-B-C correction structure has entered its final stage: after wave A falls to the range of $60,000 to $69,000, Bitcoin rebounds to the range of $80,000 to $90,000, peaking around $83,000 before the rebound momentum gradually weakens.BIT points out that the current Fear and Greed Index is approaching historically significant low levels, showing some similarity to the bottom structure of the 2022 bear market. It maintains the previous view that the summer trading lull during the 2026 World Cup may mark the final phase of this bear market for Bitcoin. The report states that it will focus on the key price range for the end of the bear market, the macro catalysts for the next bull market, and the trend reversal signals released by cyclical indicators. If the relevant framework holds, this market bottom may become one of the historically concentrated low point areas for Bitcoin, with relatively clear triggering conditions.

According to Deribit data, approximately $2.51 billion in cryptocurrency options will expire this Friday. Among them, the notional value of Bitcoin options is $2.23 billion, with a put/call ratio of 0.68 and a maximum pain point of $66,000; the notional value of Ethereum options is $291 million, with a put/call ratio of 0.62 and a maximum pain point of $1,750.Despite recent market volatility, positions in both assets still lean towards call options. Bitcoin and Ethereum are both trading above their respective maximum pain points before expiration, with put/call ratios below 1, indicating that the market still favors call options.

The Bitcoin Core team posted on the X platform that the new -privatebroadcast feature introduced in Bitcoin Core version 31 has a privacy vulnerability that may expose the sender's IP address to the receiving node under certain network conditions. A fix will be released with version 31.1.