Crypto news today
Datavault AI lands $100M order for $QEST tokenization
Why it matters: The project extends tokenization to sports and political data, but it involves a little-known company and carries high risk.
10-year US Treasury yield holds above 5% ahead of Fed decision
Why it matters: Rising yields and expectations of a rate hike increase pressure on risk assets, including bitcoin and the crypto market.
ZRO falls to $0.961 as CLARITY Act stalls and Wyoming drops LayerZero
Why it matters: Losing a government client weakens the case for LayerZero's institutional adoption, while regulatory uncertainty weighs on high-beta altcoins.
ERCOT discloses over 5 GW of conditional capacity for AI projects amid miner shift
Why it matters: Growing power capacity for AI intensifies miners' competition for electricity and reshapes the economics of bitcoin mining in Texas.
Bitcoin falls to $75,586, Ethereum to $2,397 after CLARITY Act failure
Why it matters: The bill's failure and Fed tightening increase pressure on the crypto market, raising the risk of further liquidations and a decline toward $75,000.
Bitget launches ETF trading section with five tokenized funds
Why it matters: The exchange is expanding tokenized traditional assets, intensifying competition for round-the-clock ETF access outside US market hours.
UK inflation rises to 3.1% ahead of Bank of England rate decision
Why it matters: A hawkish signal for the Bank of England amid ECB tightening and an expected Fed rate hike — pressure on risk assets, including crypto.
Bitcoin, Ethereum and XRP under pressure ahead of Fed decision
Why it matters: The Fed decision and the CLARITY Act failure are amplifying risk-off sentiment: volatility could spike sharply, while ETF outflows weigh on BTC and ETH.
Bitcoin loses correlation with dollar index and US stocks ahead of Fed
Why it matters: The breakdown in correlations reduces the predictability of BTC moves from macro factors and increases the role of crypto-specific drivers.
PAXG rises 1% to $4,350 ahead of Fed rate decision
Why it matters: Tokenized gold remains a defensive asset in crypto portfolios, and the Fed decision will determine the next price move.
Bank of Russia sends draft rules to Justice Ministry to launch crypto regulation
Why it matters: A legal framework for Russia's crypto market is taking shape: licensed intermediaries and their capital requirements are being defined.
K33: Bitcoin network activity at historic low — only 3.8 million BTC moved in 180 days
Why it matters: A decline in coin movements may mean holders are not selling, which historically coincides with the formation of a cycle bottom.
ARB and ZEC rally against the market ahead of Fed decision
Why it matters: The Fed decision will determine whether ARB and ZEC's divergence from the market persists or they face a new wave of selling.
SUI falls 3.57% to $0.688 amid market correction
Why it matters: Phantom's exit will complicate retail access to SUI, while weak volumes point to a lack of buyers near the $0.68 support.
Pi Network falls 14% to $0.083 after CLARITY Act fails
Why it matters: PI remains one of the weakest assets in the top 100; holding the $0.075-$0.085 support will determine whether a rebound to $0.10 occurs.
Jupiter Earn to wind down JUICED Loop strategy by end of September
Why it matters: Closing the leveraged strategy reduces yield and liquidity in the Jupiter ecosystem, but the base product remains.
Moscow Exchange plans to launch crypto trading on December 1
Why it matters: The launch on Russia's largest venue will broaden access to crypto instruments, but the 300,000 ruble limit and fragmented liquidity will cap the effect.
AVAX falls 3.65% to $7.25 after CLARITY Act fails
Why it matters: The altcoin's decline coincided with systemic ETF outflows rather than protocol issues, so the market reaction may be short-lived.
NEAR holds at $2.42, down just 0.55% after CLARITY Act fails
Why it matters: NEAR's resilience amid the altcoin selloff after the CLARITY Act failure shows real demand, but the Fed's rate decision could trigger profit-taking.
Armstrong urges SEC and CFTC to write crypto rules after CLARITY Act fails
Why it matters: The bill's failure shifts crypto regulation to the SEC and CFTC, which will speed up rulemaking but without legislative certainty.