Cryptocurrency News

Hagerty said midterm elections would slow the bill's passage, a concern shared by House Majority Whip Tom Emmer, who said Democrats were looking to shut down the government.

Ark Invest’s Valente added that the value of Zcash’s privacy lies in self-custody, which remains too risky for most users

Bitcoin may be nearing a pivot, with on-chain data indicating a redistribution of supply, not capitulation, Bitfinex said.

Timing is becoming an issue, with the bill still not on the Senate floor schedule, and any delay could push meaningful action into the August recess.

The launch comes after BlackRock's BUIDL fund, which has grown to about $2.5 billion in assets since its launch in 2024.

Analyst points to increasing concerns over Federal Reserve credibility, rising long-term Treasury yields, and the potential unwinding of yen carry trades as major risks for Bitcoin.

Analysts have questioned the small team and scale of operations of Coldcard maker Coinkite, and called it a “red flag.”

The current losing streak is almost double the previous record of 40 days.

Giancarlo warned that the GENIUS Act and the CLARITY Act keep financial surveillance alive by expanding Bank Secrecy Act obligations to new financial systems based on blockchain.

O'Leary said Bitzero was one of his favorite crypto-adjacent bets, adding that owning power, land and fiber is more important than whether the customers are AI firms or Bitcoin miners.

The debate over developer liability heated up after former White House cybersecurity official Carole House said software developers should be held more legally responsible for how their code is used.

Bitcoin’s next move may hinge on whether it can hold the key $60,000 support level.

Bitcoin ended July near $62,800 and consolidated in the low-to-mid $60,000s, below its 200-week moving average.

The hackers used an “automated tool” to scan 1,196 wallets and steal more than 1,082 BTC within just 41 minutes.

DCG President said the firm's main priorities include preserving digital-asset jobs in the U.S., protecting consumers and developers, and replacing "regulation-by-enforcement" with clear regulations.

In an interview with Mark Moss, Visser pointed out that chip makers still need to stay ahead of the technology game, similar to Nvidia, while Bitcoin gains value from its limited supply.

Pompliano said the biggest fight over the bill is about who gets to offer yield, with banks trying to keep crypto firms out of the market.

CME's FedWatch Tool indicates a 0% chance of a cut, 62.1% chance of no change, and 37.9% chance of a 25bp hike, while Citadel's Frank Flight and bond strategist Harley Bassman bet on a surprise hike.

HYPE's circulating supply is estimated at 270-310 million tokens by 2027, said Grayscale, influenced by the unlocking of vested tokens at a rate of 550,000 per month.

The launch comes on the heels of the firm’s Bitcoin Trust (MSBT), now with more than $381 million in assets under management.

Fundstrat's Tom Lee recently made similar points about Ethereum's long-term growth potential, expanding the Amazon analogy beyond Bitcoin.

Lee said that crypto was moving beyond "meme coin and NFT" and into a phase centered on stablecoins, payments, and tokenized financial infrastructure.

The dispute comes a month after Samani and Hayes got into a gentleman’s bet on which token would end higher by year-end.

The Senate is moving quickly towards a procedural vote on the legislation, with hopes for a final passage by the end of the week.

In a podcast, Anthony Scaramucci stated he is not optimistic about the CLARITY Act’s passage this year and says it has up to a 40% chance, despite recent progress in the legislature.

Analyst Kyle du Plessis stated that ZEC needs to reclaim the $530 level to prove the vulnerability was never exploited.

According to Bitfinex analysts, in May and June, wallets holding 100 to 1,000 BTC sold for $5.1 billion.

Traders are looking at the CLARITY Act, with some analysts saying that action on the bill could help Bitcoin reach $68,000.

A 'RISK-OFF' macro climate caused by rising 10-year Treasury yields and other factors reduced investor interest in riskier assets like Bitcoin, said Axel Adler.

Shipping and commodity experts remain skeptical, warning that the Strait of Hormuz remains effectively constrained and a full reopening could still be months away.

The CLARITY Act placed crypto exchanges, DeFi platforms, and crypto ATMs under existing AML and sanctions regulations, according to Senator Cynthia Lummis.

BitMart has already stopped accepting new registrations and deposits, and all trading services will be shut down next month.

Ansem's broader thesis is that creator tokens could merge social influence with speculation to create a new form of "tokenized creator economy" around online personalities.

The bill’s biggest obstacle, ethics rules involving President Trump’s crypto holdings, was recently cleared with a White House-backed compromise.

World also launched World ID 4.0, an enterprise-focused upgrade, after verifying over 18 million people and generating more than 475 million identity proofs since launch.

NVIDIA CEO’s letter, signed by organizations like Meta and Palantir, advocated for open-weight AI models that can be inspected, modified, and improved by the broader community.

Galaxy’s trading desk says Bitcoin’s risk-reward is improving over the next 6-12 months, citing stronger ETF flows.

Uniswap was one of the week's best performers, rising over 3% while testing a key long-term resistance level around $4.

The motivation behind the latest donations is unclear, adding to the ongoing mystery of why people keep sending Bitcoin to crypto’s richest holders.

A Wall Street veteran thinks stablecoins, tokenized assets, and cryptographic identity systems will become more important as AI agents.

Crypto markets got a boost from a reported breakthrough on the CLARITY Act, although veteran trader Peter Brandt keeps warning that a deeper Bitcoin correction is coming.

Senator Bernie Moreno reportedly stated that the Department of Justice, not state attorneys general, would be responsible for enforcing the ethics provisions.

Capitol Hill observers believe the legislation must advance next week or its chances of passing this year could effectively disappear.

The move formalizes a framework Grayscale first tested with a one-time Ethereum staking payout earlier this year.

Mallers argued speculative capital chasing AI and prediction markets was never sustainable, Bitcoin demand to begin with.

HYPE futures open interest has climbed to nearly match Ripple’s XRP, with a monthly perpetual volume of $266 billion in June, up over 34% from the month before.

A Politico report suggested the CLARITY Act may struggle to win enough Democratic support in the Senate.

According to Bitmine chairman Tom Lee, the "Uncanny Valley of Wealth" is a future in which AI creates an increasingly large share of global wealth.

Senate recess starts after the first week of August. Near-final bill language could leak later this week as negotiations continue.

The firm’s Ethereum ETF plans to stake 50%-80% of its ETH holdings, with staking rewards distributed to shareholders.