by Michael
Key TakeawaysCrypto advocates say the CLARITY Act still has a viable path despite mounting skepticism.Supporters identify a four-week window from July 13 to Aug. 7 as critical for advancing the CLARITY Act.The bill still must secure 60 Senate votes, navigate...
by Michael
Key TakeawaysAustralian securities regulator gave crypto firms more time to get their licenses in order.ASIC also widened the relief to cover some firms working under existing license holders.The relief does not change existing licensing requirements, and ASIC may...
by Michael
Key TakeawaysSenate delays have reduced confidence in the CLARITY Act’s chances of becoming law.Galaxy Digital now sees passage odds at 50-50 amid limited public progress in negotiations.Leadership action in July could revive momentum, while continued silence may...
by Michael
Key TakeawaysSpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO.Index inclusion may increase fund demand, trading volume, and visibility among institutional investors.Shares have experienced...
by Michael
Key TakeawaysCaleb & Brown integrated Ripple Payments to enable faster U.S. dollar withdrawals for clients.The move addresses delays caused by traditional banking systems that operate slower than 24/7 digital asset markets.The integration also strengthens...
by Michael
Key TakeawaysSenate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate.Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms.Polling cited by the group suggests crypto policy may sway...
by Michael
Key TakeawaysX Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit.The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000.A full public rollout...
by Michael
Key TakeawaysOFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets.Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules.After a 5-year run, the FBI seized Huione’s cloud systems...
by Michael
Key TakeawaysARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25.All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88.The dip-buying extends Cathie Wood’s high-conviction...
by Michael
Key TakeawaysOn June 26, bitcoin stabilized around $60,000, snapping a sharp two-day, $4,500 market slide.Coingecko data reveals the 2026 bear market is bitcoin’s fourth-longest but mildest since 2014.Historical trends suggest bitcoin could reclaim its long-term bull...
by Michael
Key TakeawaysBinance notified users in affected EU markets that crypto services will stop from July 1.The exchange told customers their assets will remain safe and accessible.The company withdrew its Greek MiCA application after concluding the approval process would...
by Michael
Key TakeawaysBitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets.Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets.Mike Belshe cut 90 roles to focus on AI, while... Translate »