Crypto Advocates Urge Senate to Pass CLARITY Act Ahead of August Deadline
As the August 7 deadline looms, crypto supporters and key lawmakers emphasize the urgency of passing the CLARITY Act to establish federal standards for digital assets.
Crypto & Fintech
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Crypto & Fintech
Law Enforcement and Faith Leaders Challenge Crypto Bill Over Crime Risks
Sheriffs, prosecutors, and pastors warn that the Digital Asset Market Clarity Act could shield criminals and undermine efforts to combat trafficking, ransomware, and other illicit activities.
Crypto & Fintech
Velvet Crypto Plummets 75% in a Week Amid Persistent Sell-Off and Growing Bullish Bets
Despite a steep 75% drop in a week and sustained selling pressure, traders continue to hold strong long positions on Velvet, signaling cautious optimism for a rebound.
Crypto & Fintech
BSTR’s $1.5 Billion SPAC Financing Falls Through, Delaying Public Listing Plans
BSTR’s attempt to go public via a $1.5 billion SPAC deal collapsed after financing failed, while American Bitcoin reduced shares and added 500 BTC to its holdings.
Crypto & Fintech
Bitcoin Demand Remains Below Supply Despite Signs of Market Leverage Reset
Bitcoin’s demand continues to lag behind new supply issuance in 2026, with only a slight improvement hinting at a fragile market recovery amid rising speculative activity.
Crypto & Fintech
Nium Strengthens Crypto Presence by Acquiring Wallet Provider Cypher
Nium has acquired crypto wallet company Cypher to integrate digital asset services into its payments platform, signaling deeper expansion into crypto infrastructure.
Crypto & Fintech
Ethereum’s Low Gas Fees Ease Usage but Cloud Its Burn-Driven Supply Narrative
Ethereum’s gas fees have dropped near 1 gwei, enhancing user accessibility while dampening the network’s ETH burn mechanism and complicating its supply story.
Crypto & Fintech
Texas Faces $56 Million Scam via Crypto Kiosks Amid Calls for Regulation
Last year, Texans lost nearly $57 million to scams exploiting cryptocurrency kiosks, prompting lawmakers to push for urgent regulatory measures to prevent further fraud.
Crypto & Fintech
XRP Surges Past Bitcoin and Ethereum on South Korea’s Upbit Exchange Amid Strong Local Demand
XRP recently outpaced Bitcoin and Ethereum on South Korea’s largest crypto exchange, driven by sustained local retail interest and significant coin accumulation by large investors.
Crypto & Fintech
Adam Back’s Bitcoin Treasury Firm Seeks Revised Terms for SPAC Merger with Cantor
Bitcoin Standard Treasury Company has scrapped its original SPAC merger deal with Cantor Equity Partners, opting to negotiate terms that better align with current market conditions.
Crypto & Fintech
Bitcoin Retreats Below $62,000 as Traders Reduce Risk Ahead of Fed Minutes
Bitcoin fell nearly 2% amid a global risk-off mood, driven by declines in semiconductor stocks and geopolitical tensions, ahead of the Federal Reserve’s meeting minutes release.
Crypto & Fintech
Trump Family’s Crypto Firm Considers Selling Its Payments Business Amid Declining Value
AI Financial, a payments company under Trump family’s World Liberty Financial, is in talks to sell its core operations to blockchain firm Perpetuals.com amid steep token losses and valuation drops.