🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Lack of Clarity Act Progress Could Push Crypto Down Policy Agenda — Market Talk

Lack of Clarity Act Progress Could Push Crypto Down Policy Agenda — Market Talk

Crypto markets await a vote this week that decides whether the Senate will begin debating the Clarity Act. A lack of progress this quarter risks crypto slipping down the policy agenda ahead of midterms, says Sygnum CIO Fabian Dori. The vote outcome turns on whether at least seven Democrats or indepe…

CLARITY Act Passage Tumbles to a 14% Chance: Is the Senate Vote too Little too Late?

CLARITY Act Passage Tumbles to a 14% Chance: Is the Senate Vote too Little too Late?

The crypto market structure bill is becoming a high-stakes political bet, with prediction markets and Washington insiders sending sharply different signals on its chances of passing.Polymarket currently places the CLARITY Act’s passage odds at roughly 14%, while some Capitol Hill sources privately e…

Crypto-backed PAC scales back ad spending in Massachusetts primary

Crypto-backed PAC scales back ad spending in Massachusetts primary

An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at least one candidate in Tuesday’s primary in Massachusetts.According to Federal Election Commission (FEC) records as o…

XRP ETF Demand Holds Firm as Fed Pressure Breaks XRP Price Support

XRP ETF Demand Holds Firm as Fed Pressure Breaks XRP Price Support

In XRP news today, Ripple saw XRP price drop roughly -2% on Monday to start the week, with XRP USD now trading near $1.36, and the timing matters more than the number itself.The decline followed comments from Federal Reserve Chair Warsh reaffirming a hard commitment to the 2% inflation target, a mes…

California Senate passes bill to ban memecoin issuance by public officials

California Senate passes bill to ban memecoin issuance by public officials

California lawmakers passed a bill restricting public officials’ involvement with memecoins, citing concerns around conflicts of interest and “pay-to-play arrangements.”The California Senate passed Assembly Bill 2409 in a 40-0 vote on Wednesday, according to Legiscan data. The Assembly subsequently …

Trump cost investors $4.7B through crypto ‘schemes’: Public Citizen

Trump cost investors $4.7B through crypto ‘schemes’: Public Citizen

The nonprofit consumer advocacy organization Public Citizen reported that US President Donald Trump “left investors at least an estimated $4.7 billion underwater” since 2022 through his and his family’s digital asset ventures.According to Public Citizen, investors lost billions of dollars through th…

Best-performing crypto in August: Cardano leads with 36% gain, Bitcoin hits $80,000

Best-performing crypto in August: Cardano leads with 36% gain, Bitcoin hits $80,000

The crypto market has staged a broad August rally, with Cardano emerging as the strongest performer among the major tokens tracked, while Bitcoin has reclaimed the $80,000 level.The gains have accelerated over the past week, with several major altcoins outperforming Bitcoin, the world's largest cryp…

Crypto comeback? Bitcoin, ethereum are headed for their best day in months as investors flock to hard assets

Crypto comeback? Bitcoin, ethereum are headed for their best day in months as investors flock to hard assets

By Barbara Kollmeyer and Jules RimmerIs the 'debasement trade' back on?Bitcoin is getting a boost from a bond-market intervention and renewed hopes that President Trump's crypto bill could finally pass.A crypto comeback is brewing.After months of slumber, digital currencies are waking up, with bitco…

BTC/USD: Bitcoin Jumps 8% Above $69,000 as Treasury Move Unlocks Risk Appetite

BTC/USD: Bitcoin Jumps 8% Above $69,000 as Treasury Move Unlocks Risk Appetite

$70,000 and the 200-day average stand between Bitcoin and a proper breakout.🚀 Bitcoin rediscovers the launch buttonBitcoin surged more than 8% Wednesday, briefly approaching $69,700 and recording its largest percentage gain since March. The move carried BTC above $69,000 for the first time since e…

Bitcoin Rises After Trump Urges Lawmakers to Pass Crypto Bill — Market Talk

Bitcoin Rises After Trump Urges Lawmakers to Pass Crypto Bill — Market Talk

Bitcoin stays elevated after reaching an 11-week high overnight after President Trump urged Congress to pass a crypto regulation bill and the U.S. Treasury announced increased buybacks of long-term bonds. Trump asked lawmakers to pass a "fair version of the Clarity Act" which has stalled in the Sena…

Solana Policy Institute CEO says Clarity Act in ‘August recess purgatory,’ gives it 10% odds before midterms

Solana Policy Institute CEO says Clarity Act in ‘August recess purgatory,’ gives it 10% odds before midterms

The window to pass the landmark Clarity Act framework before the midterm elections is closing, according to Solana Policy Institute CEO Miller Whitehouse-Levine.Asked to put a number on the chances of the Clarity Act becoming law before the November midterm elections, Whitehouse-Levine told The Bloc…

Scott Bessent Says Treasury Is 'Moving Quickly' on Stablecoin Rules: What's in the Proposal?

Scott Bessent Says Treasury Is 'Moving Quickly' on Stablecoin Rules: What's in the Proposal?

Treasury Secretary Scott Bessent released the long-awaited GENIUS Act stablecoin licensing rules Monday, setting out who needs a federal license to issue or sell stablecoins in the United States.What are the GENIUS Act Licensing Requirements?According to a Treasury press release, the Notice of Propo…