Crypto news today
Bitcoin at $78,428 ahead of CLARITY Act as odds of passage fall from 30% to 16%
Why it matters: The CLARITY Act vote and the Federal Reserve meeting will set Bitcoin's direction, with the market pricing in an 86-87% chance of a rate hike.
USDC tops $100 trillion in cumulative onchain transaction volume
Why it matters: USDC has cemented its role as DeFi's main unit of account, but 95% of Circle's revenue depends on interest rates on reserves.
$16.6 billion in BTC and ETH options expire on September 25
Why it matters: Deribit market makers' hedging ahead of expiry could amplify price moves, and a drop below $75,000 would shift the balance of power for BTC.
EDGE gains 11% but capital outflows and weak demand fail to confirm the rally
Why it matters: A rally without demand support and with longs and shorts in balance could reverse quickly, leaving direction undecided for now.
STX falls 3.94% to $0.264 after a 116% monthly rally
Why it matters: The pullback looks like profit-taking rather than capitulation, but weak volume and a bearish MACD point to the risk of a deeper decline.
US Justice Department: millions from Iranian oil laundered through Binance
Why it matters: The new Justice Department claims intensify regulatory pressure on Binance and raise risks for the exchange and the broader market.
VET falls 1.22% after 72.5% rally over 30 days
Why it matters: The correction after a strong rally could turn into gains if the network upgrade and the CLARITY Act decision are positive.
US DOJ seeks forfeiture of $61M in crypto tied to Iran and Binance
Why it matters: The new lawsuit increases pressure on Binance and the risk of secondary sanctions for exchanges handling sanctioned flows.
Filecoin jumps 15% to $0.937 as open interest surges 70%
Why it matters: The rally is fueled by leverage: if open interest normalizes, a 30–50% retracement of the gain is possible, with key support at $0.929 and the 200-day SMA at $0.845.
SEC may let companies opt out of tokenized shares
Why it matters: The rules will determine whether companies can block third-party issuance of tokenized shares, affecting the $3+ billion stock tokenization market.
CRO holds near $0.059 amid buyback and burn rumors
Why it matters: If the buyback and burn proposal passes a vote, CRO supply will shrink; if rejected, the price could return to lower moving averages.
CAKE rises 6% to $2.34 on volume 30% above average
Why it matters: The rally is confirmed by volume, but overbought conditions raise the risk of a correction to support at $2.28.
LIT rises 6.25% to $4.44 on CLARITY Act expectations
Why it matters: DEX exchange tokens are sensitive to US regulatory clarity: passage of the CLARITY Act could lower the sector's risk premium.
INJ rises 7.21% to $6.32 on above-average volume
Why it matters: INJ's rally is vulnerable: the outcome of the CLARITY Act vote and the Fed decision this week could quickly reverse the move.
Pendle rises 12% to $2.41 on integrations and protocol upgrades
Why it matters: The rally is backed by real volume, but overbought conditions raise the risk of a correction to the $2.11–2.20 zone.
Democrats press ethics rules in CLARITY Act as Gillibrand pushes procedural vote
Why it matters: The outcome of the vote will determine whether the U.S. crypto market structure bill reaches the Senate floor.
Lummis: Democrats won't stop demanding amendments to CLARITY Act
Why it matters: Prolonged amendments raise the risk of derailing the CLARITY Act vote, on which U.S. spot crypto market regulation depends.
NEAR rises 5% to $2.5 on AI narrative and CLARITY Act expectations
Why it matters: NEAR's rally shows the market is pricing in CLARITY Act approval and demand for AI tokens, but a 55% monthly gain raises correction risk.
AVAX rises 3.32% to $7.64 amid UAE PASS rumors
Why it matters: A sustained trend reversal is possible only on a close above $8.01; involvement in the UAE state system is not yet confirmed.
Bitcoin at $77,000: 72% of Korean altcoins gain, $380 million liquidated
Why it matters: The Fear and Greed Index fell from 61 to 57, and the kimchi premium dropped to +0.1% — Korean retail demand is cooling.