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Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain. BTC Flash Crash Wipes $584 Million in Longs Bitcoin’s latest decline pushed the asset below the $77,000 mark for the fourth consecutive day … Read more
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Week in Review Bitcoin finished the week stubbornly battling with $80,000, while ethereum … Read more
Ironwallet CEO Ermo Eero warns that unilateral U.S. law cannot substitute for mutual international treaties. He notes that the crypto industry must build genuine institutional trust by policing bad actors from within rather than fighting external oversight. A Pivot for Domestic Capital The U.S. Senate Banking Committee’s recent advancement of the CLARITY Act marks a … Read more
Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum. The measure must now be merged with another Senate bill and reconciled with the House version. CLARITY Act’s Next Phase Hinges on Consolidation Crypto asset manager Grayscale Investments shared on May 15 what … Read more
The Senate Banking Committee voted on May 14, 2026, to advance the Digital Asset Market CLARITY Act, pushing the United States closer to its first comprehensive crypto market structure law. A16z Crypto Backs CLARITY Act After Senate Committee Vote The committee’s “markup” vote moved the legislation forward on a bipartisan basis. Miles Jennings, General Counsel … Read more
Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May … Read more
The United States Senate Banking Committee took a definitive step toward establishing a national regulatory framework for digital assets on Thursday by advancing the Digital Asset Market Clarity Act. Bitcoin Taps $82K as Senate Banking Committee Advances CLARITY Act Known as the CLARITY Act or H.R. 3633, the piece of legislation moved out of the … Read more
Senate Democrats intensified efforts to challenge the CLARITY Act, warning the crypto market structure bill could leave major illicit finance vulnerabilities unresolved. The push to challenge the legislation coincided with a separate request for a federal investigation into World Liberty Financial. Lawmakers Warn CLARITY Act Could Widen Crypto Finance Gaps Senate Democrats intensified criticism of … Read more
AARP urged senators to preserve Section 205 of the CLARITY Act as cryptocurrency kiosk scams draw concern. The group cited more than 13,460 complaints and $389 million in reported losses tied to the machines. AARP Backs Section 205 Ahead of CLARITY Act Markup AARP, the nation’s largest nonprofit, nonpartisan organization that advocates for 125 million … Read more
Ripple and crypto industry leaders backed the Senate’s CLARITY Act ahead of a key markup, citing clearer rules, stronger consumer protections, and U.S. leadership. Ripple’s legal chief cited a report estimating 67 million Americans hold crypto. Ripple and Crypto Leaders Rally Around CLARITY Act Ripple executives publicly backed the Senate’s CLARITY Act on May 13 … Read more