Crypto news today
TD Cowen: 60% chance CLARITY Act procedural vote fails
Why it matters: A failed vote would delay U.S. crypto market regulation and hit expectations for XRP, BTC and ETH.
$370M liquidated amid CLARITY Act uncertainty
Why it matters: A CLARITY Act failure would leave the U.S. crypto industry without clear rules and keep the market in a high-volatility mode until the Fed meeting.
1,385 BTC withdrawn from Coinbase to unknown wallet
Why it matters: Large withdrawals from exchanges can signal whale accumulation and affect the BTC supply on the market.
Hyperliquid may launch perpetual futures for U.S. clients
Why it matters: Entering the U.S. market would expand Hyperliquid's audience, but the outcome hinges on regulatory approval — a key factor for the HYPE price.
Analyst: HYPE's $319 target hinges on token dilution
Why it matters: Hyperliquid's revenue growth must outpace HYPE emission, otherwise the price won't rise even as the business expands.
Ampleforth: wallet sought 98% of treasury USDC via Proposal 54
Why it matters: The incident exposes a DeFi governance vulnerability: concentrated vote delegation can push a treasury request through without public discussion.
Bitcoin briefly returns to $76,000
Why it matters: The bounce to $76,000 shows buyers defending this support zone amid broad market weakness.
Bitcoin holds near $76,000 as Anthropic reports second profitable quarter
Why it matters: Crypto's link to the AI sector is strengthening: Anthropic's success supports risk appetite, but BTC remains range-bound.
Bitcoin falls below $75,000
Why it matters: Losing the $75,000 level raises the risk of a further pullback to $71,000–73,000.
Algorand launches x402 Challenge with $100K and 500K ALGO prize pool
Why it matters: The contest could accelerate on-chain activity and demand for ALGO as a utility token for micropayments and agentic commerce.
São Paulo prosecutors begin crypto tracing training via Chainalysis
Why it matters: Regions are stepping up on-chain analytics to fight crypto money laundering, raising risks for illicit services.
BitMine shares fall 10.08% to $23.19
Why it matters: The sharp drop in shares of a major ETH treasury reflects pressure on crypto equities and investor sentiment around ETH.
CLARITY Act fails procedural vote in US Senate
Why it matters: The US crypto market structure bill is blocked, leaving the SEC and CFTC with their current powers and prolonging regulatory uncertainty for the industry.
Warren urges Senate to vote against CLARITY Act over Trump ethics
Why it matters: The Democratic stance lowers the chances of reaching 60 votes and heightens uncertainty over US crypto regulation.
XRP falls 11% amid sell-off
Why it matters: The sharp drop in XRP adds pressure on altcoins and could trigger further liquidations.
Coinbase shares fall 10.12% to $172.07
Why it matters: The sharp drop in shares of the largest crypto exchange reflects pressure on the crypto sector and investor sentiment.
LayerZero sets Dec. 15 deadline for STG-to-ZRO conversion
Why it matters: STG holders need to convert their tokens before the deadline or lose access to the swap permanently.
Warsaw prosecutors open fraud case against Rafal Zaorski and BigShortBets
Why it matters: The case threatens fresh pressure on the BIGSB token and draws attention to the risks of influencer personal tokens.
Erebor Bank limits free stablecoin-to-fiat conversion
Why it matters: A major crypto bank is adjusting its monetization model, setting the tone for other players in the stablecoin market.
Circle shares fall 10.23% to $87.39
Why it matters: The sharp drop in the USDC issuer's stock reflects pressure on crypto companies ahead of the CLARITY Act vote.