Key Takeaways The cloture motion involving H.R. 3633 becomes eligible for Senate action at 2:15 p.m. on Sept. 15. The cloture action concerns the motion to proceed, not final passage of the CLARITY Act. H.R. 3633 previously cleared the House 294-134 and advanced from the Senate Banking Committee 15-9. CLARITY Act Faces Sept. 15 Senate…
Key Takeaways Antpool and Roughnecks mined rival Bitcoin blocks at height 961632, splitting the chain. Bitcoin’s main chain advanced past 961634 as BIP-110 remained stalled at 961632. BIP-110 could remain stuck for days unless supporters alter PoW after block 961632. Rival Miners Split Bitcoin at Block 961632 Several monitoring sites, including forkwatch.tv and the web…
Key Takeaways Senator Bernie Moreno declared CLARITY Act negotiations over, blaming Democrats for its potential failure. Some Republicans oppose the bill, fearing deposit flight could hurt community banks and farm loans. The bill needs 60 votes to pass, but unresolved ethics disputes make swaying enough Democrats unlikely. CLARITY Act Negotiations Finished, Democrats Will ‘Have a…
Key Takeaways Spot bitcoin ETFs added $98.85 million, stretching a streak to 5 straight days. Spot ether ETFs added $49.60 million the same day, marking 4 consecutive days of inflows. Blackrock’s IBIT captured $479 million of a $626 million three-day haul earlier in the week. A Fifth Day, Right on Schedule The latest numbers mark…
Key Takeaways BIP-110 signaling sits near 2.6% as Bitcoin approaches block 961632. Fork.observer links 50+ nodes to expose any Bitcoin chain divergence live. BIP110.org and 6 other trackers will reveal what follows block 961632. For those who haven’t followed the BIP-110 fight, it is essentially a proposed change to Bitcoin’s rules that would restrict how…
Key Takeaways Gate’s tokenized SPCX token logged $332M and $360M in volume on August 4-5 ahead of the unlock. SpaceX stock closed up 6.1% at $114.92 on August 6 despite 911.5 million shares unlocking. Morgan Stanley’s Adam Jonas called the unlock an entry point, with Bernstein targeting $248. A $700 Million Bet on One Day’s…
Key Takeaways Circle renewed Coinbase’s USDC deal as Q2 revenue reached $701M, preserving a key distribution channel. USDC ended Q2 at $73.3B as Circle’s 150+ partnerships widened competition in stablecoin distribution. Circle ruled out quarterly dividends, betting reinvestment can deliver stronger shareholder returns in 2026. Circle Says No to Quarterly Dividends as Growth Takes Priority…
Key Takeaways Genius Sports signed Polymarket on Aug. 4 and Kalshi on Aug. 5. Genius booked prediction-market revenue in Q2, before either deal was signed. Q2 revenue rose 65% to $195.5M; Genius still posted a $76.7M net loss. One Data Supplier Playing Both Sides of the Prediction-Market Rivalry Genius Sports will supply Kalshi with real-time…
Key Takeaways The EU is set to revise the MiCA framework to allow excluded foreign stablecoins like Tether to operate. This regulatory review is heavily influenced by the U.S. GENIUS Act and Trump’s pro-stablecoin policies. Diplomats will also consider expanding the framework to regulate emerging tokenized payments and deposits. EU Set To Review MiCA’s Provisions…
Key Takeaways Michael Saylor says Bitcoin can succeed without the CLARITY Act. Senate delays crypto market structure legislation until September. Saylor links the CLARITY Act to digital capital growth. Saylor Separates Bitcoin’s Future From US Crypto Legislation On Aug. 7, Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), stated on X that Bitcoin can…
