The House Ways and Means Committee held a hearing last week to examine eight digital-asset tax proposals spanning payments, mining, staking, donations, and compliance. Chairman Jason Smith said the crypto market exceeds $2 trillion and argued current rules create uncertainty for users and businesses. The package includes six bills and two discussion drafts, with several measures aimed at easing reporting for routine transactions and stablecoin-related price moves.

Spot XRP exchange-traded funds recorded additional inflows across the week, totaling more than $10 million, while most other crypto ETFs continued to post net outflows. XRP also rebounded from a June 4/5 low near $1.05 and was trading around $1.15 at the time of writing, staying above the $1.00 level.

Artificial Superintelligence Alliance (FET) rose 15.49% in the last 24 hours as trading volume increased 31.37%, pushing its market cap to $480.78 million. The move coincided with stronger AI-focused sentiment, while exchange reserves still climbed 11.47% to $60.72 million, hinting at possible profit-taking risk.

After the U.S. government ordered Anthropic to restrict foreign access to its Fable 5 and Mythos 5 models, the company removed both systems globally rather than risk noncompliance. Over the past seven days, about $2.87 billion flowed into AI-linked crypto tokens, with 15 of the top 20 assets in the category posting gains. Bittensor rose 34.17% to $263.74, while Audiera jumped 223.13% on the week but fell 2.23% over the last 24 hours.

Ethereum (ETH) is consolidating near $1.67K after bouncing from the $1.5K support area, while price remains capped below multiple overhead supply zones. The next resistances are $1.85K–$1.9K and $2K–$2.15K, with liquidation liquidity clustered around $1.75K–$1.8K that could attract price in the short term.

CryptoRank's seasonality data suggests July has historically been a stronger month for Shiba Inu (SHIB) after a weak spring period. In June 2026, SHIB is down 10.1% following May's 11.5% decline, trading near $0.000005, about 94% below its all-time high. The token's median July return is +8.92%, and SHIB futures volume reportedly rose 60% on June 13-14 to over $140 million.

Strategy chairman Michael Saylor outlined three metrics designed to help investors assess Bitcoin held on corporate balance sheets as Strategy reports 845,256 BTC valued at $54.36 billion in mid-June 2026. The framework highlights Bitcoin per share, an annual BTC Yield measure, and a debt-adjusted "clean ownership" figure after subtracting company debt. The company last reported a June 8 purchase of 1,550 BTC for $101 million, alongside a technical sale of 32 BTC used to pay dividends.

OpenAI said on June 8 it confidentially submitted an IPO filing to the SEC, while noting it has not settled on a timeline for going public. Separately, the SEC proposed removing parts of its NMS framework including Rule 611, a change one analyst said could reduce structural friction for tokenized US equities. Hungary’s new Tisza-led government also said it will roll back prior crypto-trading restrictions that included approval requirements for conversions and criminal penalties.