Clarity Act Requires Ethics Deal Before Vote
Sen. Angela Alsobrooks will not support the Clarity Act unless ethics provisions are agreed upon, emphasizing consumer protection amid rising crypto adoption. #Update #Crypto $USDC
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Bitcoin Plummets Below $62000 Amid Zcash Bug
Shielded Labs revealed a critical vulnerability in $ZEC’s Orchard privacy pool, risking unlimited counterfeit tokens; ZEC plummets 42% in 24 hours. #Crypto $ZEC (-8) ↘
Bitcoin Hits Peak Bearishness Near Lows
Bitcoin sentiment peaked bearish at recent lows and bullish near highs, with BTC trading at $62,400, down 20% from late-May. U.S. nonfarm payrolls data due soon could impact risk assets. #Update #Crypto $BTC
Bitcoin and Ether ETFs End Multi-Billion Outflow
U.S. spot bitcoin ETFs saw a $3.05M inflow, ending a 13-session outflow streak that totaled over $4.4B; meanwhile, ether ETFs gained $19.30M in net inflows. #Update #Crypto $BTC $ETH
Blockchain Revolution: JPMorgan and Banks Launch Tokenized Network
@JPMorgan, @BankofAmerica, and @Citi are launching a shared tokenized deposit network by mid-2027 to counter stablecoin threats, aiming to keep deposits within banks while enhancing digital transaction capabilities. #Update #Crypto $USDC
Crypto Clarity Act Advances Amid Bad-Actor Concerns
The U.S. Senate’s Digital Asset Market Clarity Act faces challenges as bipartisan support wanes, with law enforcement groups hesitant; urgency grows for passage before midterm elections. #Update #Crypto $BTC
OCC Chief Blames Democrats for Political Pressure
@WorldLibertyFinancial faces congressional scrutiny as OCC Chief Jonathan Gould claims only Democrats apply political pressure regarding its bank charter, amid concerns over foreign ties and stablecoin regulations. #Update #Crypto $USDT
Crypto Advisors Uncover Key Due Diligence Questions
Advisors must revisit due diligence on client cash management, regulatory assumptions, and AI’s role in crypto trades as the GENIUS Act approaches implementation by 2027. #Update #Crypto $USDC
Tokenization Revolutionizes ETF Market Structure
Tokenization mirrors the ETF market structure revolution by enabling continuous trading and arbitrage, enhancing liquidity and transparency, with potential to evolve into a $10 trillion market. #Update #Crypto $BTC
Ethereum Targets $250K Amid Bold Prediction
Tom Lee predicts $ETH could reach $250,000, making Ethereum a $30 trillion network. Current supply growth challenges this target, requiring unprecedented demand. #Update #Crypto $ETH
Cryptocurrency Sanctions British Teen for Allegations
Russia has sanctioned a British teenager for alleging the use of the A7A5 stablecoin to fund Ukraine’s war efforts, designed to circumvent sanctions imposed after Russia’s 2022 invasion. #Breaking #Legal $USDT
Moomoo Launches Prediction Markets with Kalshi Partnership
@Moomoo partners with @Kalshi to offer CFTC-regulated event contracts for trading on economic, political, and cultural outcomes, expanding access to prediction markets. #Update #Crypto
Crypto Market Structure Bill Faces Urgent Deadline
@JPMorgan warns that the U.S. Clarity Act faces limited passage chances before midterms, with unresolved stablecoin yield debates hindering progress on crypto market structure reform. #Update #Crypto $USDT
Tokenized Real Estate Fund Launches with Goldman Sachs
@GoldmanSachs, @ApexGroup, and @Archax are launching a tokenized real estate fund using blockchain for operational efficiency and transparency via GS DAP. #Update #Crypto $LRC