Galaxy Research cuts CLARITY Act odds to 30%!
The shift puts Senate support and the timing of US crypto legislation back at the center of the market’s regulatory-risk debate.
Galaxy Research cuts CLARITY Act odds to 30%!
🩸BEARISH
Regulation
Government
Executive and legislative crypto policy — central bank stances, country-level rules, and CBDC rollouts.
CoinTelegraph
Bitcoin slides 2% as Kospi plunges 11%, AI tokens drop 9%
🩸BEARISH
Bitcoin slides 2% as Kospi plunges 11%, AI tokens drop 9%
Two-pronged hit: a risk-off wave from Korea's worst Kospi session in years compounds a regulatory blow as the Clarity Act loses its floor window before the August recess.
CoinDesk
BTC Slides 5% as Seoul KOSPI Circuit-Breaker Halts Trading
🩸BEARISH
BTC Slides 5% as Seoul KOSPI Circuit-Breaker Halts Trading
The ₩500T Korean wipeout and a circuit-breaker halt mark the 9th this year, with BTC tracking the risk-off move and global traders now watching the contagion path.
Crypto News
BTC Drops as Senate Shelves CLARITY Act Crypto Vote
🩸BEARISH
BTC Drops as Senate Shelves CLARITY Act Crypto Vote
The market-structure bill was already on a tight window; Thune's call to prioritize nominations and a Russia sanctions package now pushes a floor vote past next week, just as BTC gave back gains.
Hong Kong Banks Score 2.3/10 on Quantum Readiness Index
〽️NEUTRAL
Hong Kong Banks Score 2.3/10 on Quantum Readiness Index
The HKMA's first Quantum Preparedness Index lands the sector squarely in the awareness phase. Half the lenders surveyed have no formal post-quantum migration plan, even as harvest-now-decrypt-later…
BTC Falls 2.7% as Kospi Plunges 10% in Risk-Off Sell-Off
🩸BEARISH
BTC Falls 2.7% as Kospi Plunges 10% in Risk-Off Sell-Off
With the Senate shelving the CLARITY Act and the Fed rate decision two days out, BTC's slide past $63K is now riding a global risk-off tide anchored by a 25% Kospi drawdown.
NY AG James: CLARITY Act Would Gut State Crypto Oversight
〽️NEUTRAL
NY AG James: CLARITY Act Would Gut State Crypto Oversight
James argues the federal bill, as drafted, would preempt New York's BitLicense regime and hand oversight to the SEC and CFTC, leaving consumers with weaker guardrails than current state law provides.
Anthropic CEO: Open-Weights Ban "Not on the Table
〽️NEUTRAL
Anthropic CEO: Open-Weights Ban "Not on the Table
Amodei draws a sharp line between open releases and frontier-model safety, pairing the openness stance with chip-export curbs and mandatory pre-deployment testing for the largest systems.
Senate Pulls Crypto Clarity Act From Floor Schedule
🩸BEARISH
Senate Pulls Crypto Clarity Act From Floor Schedule
Majority Leader Thune has burned the chamber's remaining pre-recess bandwidth on nominations and a Russia sanctions package, leaving the market-structure bill with a September window at best.
NFL Urges CFTC to Tighten Sports Prediction Market Rules
〽️NEUTRAL
NFL Urges CFTC to Tighten Sports Prediction Market Rules
The league wants event-contract language narrowed so any market that mirrors traditional sports betting falls under gambling rules instead of CFTC oversight.
TheBlock
NYAG James: Clarity Act Would 'Dilute' State Crypto Fraud Authority
🩸BEARISH
NYAG James: Clarity Act Would 'Dilute' State Crypto Fraud Authority
The pushback comes as the Senate races to lock down a floor vote on the first comprehensive federal crypto framework, with state enforcers now openly fighting parts of it.
Fed rate hike odds jump to 38% as FOMC decision looms
🩸BEARISH
Fed rate hike odds jump to 38% as FOMC decision looms
A rate hike into an already-softening labour market was not the base case two weeks ago; the repricing is forcing desks to hedge for a hawkish surprise rather than a dovish cut.
CLARITY Act heads to Senate floor vote within two weeks
〽️NEUTRAL
CLARITY Act heads to Senate floor vote within two weeks
GOP plans to force the vote even without the seven Democratic votes needed for 60, betting a public 'no' is more useful than another delay while Bitcoin and Ethereum keep building regardless.
Altcoin Daily
XRP to $7-$10 by 2027? Grok AI ties rally to CLARITY Act, ETF
〽️NEUTRAL
XRP to $7-$10 by 2027? Grok AI ties rally to CLARITY Act, ETF
The price target rides on a regulatory unlock and ETF plumbing rather than technical breakout: $1.10 today, $7-$10 by 2027 on Grok's base case, with $3-$5 still the realistic bear.
Bitcoin $65K rebound faces Fed test as oil shock reshapes rate path
🩸BEARISH
Bitcoin $65K rebound faces Fed test as oil shock reshapes rate path
Crypto markets priced the oil shock before the Fed even met: a hawkish hold would unwind the relief rally the same way a surprise hike would, and neither solves the rate pressure already baked in.
CryptoSlate
Japan PM Takaichi: Economy Gaining Momentum on Inflation Data
〽️NEUTRAL
Japan PM Takaichi: Economy Gaining Momentum on Inflation Data
The claim lands as the BoJ weighs a fresh rate path, with Takaichi framing price stability as part of the government's growth mandate rather than a central bank concern alone.
XRP: Garlinghouse urges Senate to pass CLARITY Act now
🔥BULLISH
XRP: Garlinghouse urges Senate to pass CLARITY Act now
Ripple's CEO frames the bill as the closing piece of a multi-year push to land XRP inside a federally defined digital-asset regime, with consumer protection and AML/KYC at its core.
CLARITY Act: Lummis Says It Can Kill Lazarus Group Crypto Thefts
🔥BULLISH
CLARITY Act: Lummis Says It Can Kill Lazarus Group Crypto Thefts
The Wyoming senator argues gaps in current financial rules let Lazarus launder stolen funds, and that the bill's expanded Treasury sanctions authority plus a safe harbor for freezing suspicious…
Brent Crude Drops 7% as US Pauses Iran Strikes
🔥BULLISH
Brent Crude Drops 7% as US Pauses Iran Strikes
The unwind is sharp because the market had priced continued escalation; the pause reframes Iran's near-term export trajectory and pulls geopolitical risk premium out of energy.
Brent crude surges 63% in six months, fueling inflation fears
🩸BEARISH
Brent crude surges 63% in six months, fueling inflation fears
A 63% run in six months is the kind of move that hits consumer prices with a lag, keeping the Fed's inflation fight alive and bond yields heavy.