Cointelegraph
Latest crypto news and market updates from Cointelegraph.
Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.Cointelegraph
Trump pushes for CLARITY Act passage alongside crypto leadersDonald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”Cointelegraph
Following Senate delay, crypto bill has narrow window to become lawAfter an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY Act.Cointelegraph
US Senate pushes CLARITY Act vote to SeptemberSenate Majority Leader John Thune confirmed that the chamber was “punting” the vote until September.Cointelegraph
Dem senator calls GOP’s CLARITY ethics proposal a ‘piece of s---’: PoliticoOn Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions.Cointelegraph
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soonGoldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins.Cointelegraph
Ethereum nears market bottom against Bitcoin, though key signals remain unconfirmed: CryptoQuantEther trades below its realized price while onchain indicators point to easing selling pressure and recovering demand, though a definitive cycle bottom has yet to emerge.Cointelegraph
Fears of AI-driven DeFi hack epidemic overstated for now — but not for longAre the fears of an AI driven hacking epidemic totally overblown, or is this just the lull before the storm?Cointelegraph
HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawalHYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals.Cointelegraph
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rulesAccording to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.Cointelegraph
Crypto market breakout could accelerate as AI trade cools, analyst saysBitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades.Cointelegraph