Crypto news today
Hoskinson explains CLARITY Act failure: too broad, no consensus
Why it matters: The CLARITY Act's failure leaves the US crypto market without clear rules, and the debate over splitting regulation will shape Congress's next steps.
Kaspa falls 5.3% amid CoinEx closure and market pressure
Why it matters: CoinEx's exit reduces Kaspa liquidity, while broad risk-off ahead of the Fed decision adds pressure on mid-cap assets.
CFTC Chair Selig: US will remain crypto capital, regulator to chart its own course
Why it matters: A signal that US crypto regulation will continue through the CFTC even without new legislation, reducing uncertainty after the failure of the CLARITY Act.
Zcash breaks $1,229 and enters top 10 cryptocurrencies with $20.73B market cap
Why it matters: Privacy coins are up more than 200% from previous highs, and Zcash leads the segment, attracting institutional interest.
Santiment: 85 new XRP wallets worth $1M appeared before 67% rally
Why it matters: Accumulation by large holders before the rally points to informed demand, but without a return above $1.65 the risk of a drop to $1.10 remains.
DOGE falls to $0.079: whales bought 240M coins, but exchange outflows weigh on price
Why it matters: The break below the 50-day EMA threatens a drop to $0.069 if the price closes below support for three consecutive days; a return above $0.086 would open the way to $0.093.
Ethereum and Base split on account abstraction standards
Why it matters: Fragmentation of standards will force wallets to support two transaction formats, slowing the adoption of native account abstraction.
Investors flee to stablecoins ahead of Fed decision: net buying rises to 28%
Why it matters: The shift of capital into stablecoins ahead of FOMC signals caution: the rate decision and Warsh's tone will set the direction for BTC and altcoins.
Copper integrates with Arc blockchain for institutional settlements
Why it matters: It expands institutional infrastructure around Arc and intensifies competition for settlement services for large clients.
Ripple: XRP legally stable after CLARITY Act fails in Senate
Why it matters: Legal certainty for XRP reduces regulatory risks for holders despite the broader market decline after the bill's failure.
$477M liquidated in 24 hours: 76% were longs
Why it matters: The dominance of long liquidations points to pressure on buyers and the risk of further declines if the rebound is weak.
BlackRock's Rieder: market has already priced in a Fed rate hike
Why it matters: The outcome of the Fed meeting will determine the trajectory of bitcoin and risk assets over the coming weeks.
U.S. DOJ: Hamas military wing told donors to avoid Binance
Why it matters: New confirmation of crypto exchanges being used to circumvent sanctions increases regulatory pressure on the industry.
Strategy's STRC fails to return to $100 par for fourth month
Why it matters: Problems with STRC undermine confidence in Strategy's model and its ability to support the dividend instrument amid market weakness.
Bitcoin options show put skew ahead of Fed meeting
Why it matters: The market remains positioned for gains but is paying for protection against a sharp drop, raising the risk of accelerated sell-offs around the Fed decision.
Pyth Network launches Pyth Pro and indices on Circle's Arc
Why it matters: Expanding oracle services on Arc could accelerate institutional adoption of DeFi infrastructure.
StarkWare launches quantum-safe bitcoin transaction contest with $20K prize
Why it matters: The work lowers the cost of protecting bitcoin from quantum threats without a hard fork, which is important for the network's long-term security.
U.S. overheating debate takes center stage before FOMC as market expects 0.25 pp hike
Why it matters: The Fed's decision will determine the trajectory of risk assets: a hawkish signal will increase pressure on bitcoin and the crypto market, while a pause could trigger a rebound.
Arc integrates with Polygon's Open Money Stack for cross-chain USDC payments
Why it matters: Simplifying cross-chain USDC transfers could accelerate stablecoin adoption and boost activity on the Polygon and Arc networks.
Lummis: crypto tax bill and bitcoin reserve advance in Congress
Why it matters: Clarifying tax rules and creating a BTC reserve could accelerate institutional inflows into the US crypto market.