The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.
Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.
Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.
Crypto sentiment platform Santiment warned that the two biggest spikes in social media bullishness around Bitcoin have previously been followed by short-term price pullbacks.
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.
As the CFTC and Gemini work together to seek a court’s reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”