Bitcoin Drops to $75.6K on CLARITY Act Uncertainty and a Fresh Bond-Yield Surge
Bitcoin (BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote on the CLARITY Act.Key points:Bitcoin dropped to $75,560, its lowest level so far in September…
Bitmine Stakes 5M ETH as Treasury Holdings Reach $15.8B
Bitmine Immersion Technologies added to its Ether holdings last week while projecting hundreds of millions of dollars in annual staking revenue, highlighting how its massive ETH treasury could generate income even during volatile market…
Banks reject U.S. Treasury Secretary Bessent’s CLARITY Act ‘circuit breaker’ – Why?
The latest revised crypto market structure bill, the CLARITY Act, is facing a series of headwinds ahead of today’s cloture vote.
Despite Republicans’ ethics provisions and U.S. Treasury Secretary Scott Bessent’s proposed ‘circuit…
Kraken Lets xStocks Holders Earn Yield Through DeFi
Crypto exchange Kraken has launched onchain yield vaults for select tokenized stocks and ETFs, allowing clients to earn returns by lending the assets through decentralized finance protocols, according to a Monday announcement.The new…
Balancer Proposes Wind-Down After Revenue Falls Short
Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with its leader saying he underestimated how much a $128 million…
Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It
Key TakeawaysCoinex stopped new sign-ups on Sept. 15 and moved futures to reduce-only ahead of a Sept. 29 spot halt.Coinex will buy back CET at 0.005 USDT, and the token already trades near that level on Coingecko.USDT left on Coinex after…
Analyst Says $3,000 Is Possible This Week
TLDR
Ethereum trades near $2,507, with analyst Ali Charts pointing to $3,000 if ETH closes the week above $2,550.
A triangle pattern on the 12-hour chart mirrors a setup that led to a 31% gain in three days.
Ethereum ETFs…
XRP price rallies – Can the CLARITY Act trigger another 2024-style run?
Is Ripple’s institutional cycle just getting started?
Yes, potentially, for major Layer-1 networks ahead of the upcoming CLARITY Act vote. Its passage would result in the significant institutional adoption wave as more TradFi players…
US Republicans Release Final CLARITY Act Text
Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets.The…
Robinhood CEO says issuers should not have veto over tokenized stocks
Robinhood CEO Vlad Tenev said issuers should be involved if tokenized products change shareholder rights or company obligations, but not when they create separate instruments backed by shares.
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