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
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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
BitMine Nears 5% ETH Supply Goal With 5.79M Coin Hoard
🔥BULLISH
BitMine Nears 5% ETH Supply Goal With 5.79M Coin Hoard
Tom Lee's BitMine now holds $11.8B in combined crypto and cash while staking 4.92M ETH through its MAVAN platform, a treasury grab that could tighten circulating supply faster than price discovers it.
Crypto News
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.
SK Hynix Perpetual Crashes 20% on Hyperliquid
🩸BEARISH
SK Hynix Perpetual Crashes 20% on Hyperliquid
The one-minute plunge exposed the price-discovery risks of trading traditional assets through thin overnight crypto markets.
KOSPI circuit breaker hits as BTC slips under $64K, $100M…
🩸BEARISH
KOSPI circuit breaker hits as BTC slips under $64K, $100M…
South Korea's eighth trading halt of 2026, an 8% KOSPI drop led by semis, dragged Bitcoin under $64K for the third time this week and put roughly $100M of leveraged crypto positions into the bid in a…
BitMEX to Shut Down as $1.05T Volume Slump Claims First Casualty
🩸BEARISH
BitMEX to Shut Down as $1.05T Volume Slump Claims First Casualty
BitMEX invented the perpetual swap. The venue that made that product is closing in September while spot volumes hit a 25-month low, and analysts say only well-capitalised, MiCA-ready venues will…
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.
Circle Buys ~1,000 IBM Blockchain Patents for USDC, Arc
🔥BULLISH
Circle Buys ~1,000 IBM Blockchain Patents for USDC, Arc
The portfolio gives Circle the largest US blockchain patent stack and a sharper negotiating edge as stablecoins move from crypto trading into settlement, treasury and mainstream payments.
CryptoSlate
CME sues its own regulator to block US crypto perps
〽️NEUTRAL
CME sues its own regulator to block US crypto perps
The unusual lawsuit pits the largest US derivatives venue against the CFTC over whether blockchain-based perpetual futures count as swaps, with $60T in offshore perps volume hanging over the fight.
Kalshi, Polymarket Win as Judge Blocks Minnesota Prediction Market
🔥BULLISH
Kalshi, Polymarket Win as Judge Blocks Minnesota Prediction Market
A federal court just told a state it can't ban what the CFTC already regulates, handing Kalshi and Polymarket a structural win that other states are watching closely.
TheBlock
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.
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.
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.
Securitize Secures SEC Adviser License for Tokenized Assets
🔥BULLISH
Securitize Secures SEC Adviser License for Tokenized Assets
The registration strengthens its institutional pitch by bringing tokenized investment strategies further inside a regulated asset-management framework.
WEMIX Owner Contract Mints 5.2M, Freezing Network
🩸BEARISH
WEMIX Owner Contract Mints 5.2M, Freezing Network
The freeze turns a contract exploit into an exit-risk test: users must know whether funds remain withdrawable when an L2 bridge fails.
Perpetual Futures Bring Crypto’s $90T Market to Wall Street
🔥BULLISH
Perpetual Futures Bring Crypto’s $90T Market to Wall Street
Prop firms and market makers are likely to test the contracts first, while banks wait for deeper liquidity, settled rules and infrastructure for 24-hour risk.
China Begins Mass-Producing DUV Lithography Machines to Bypass
〽️NEUTRAL
China Begins Mass-Producing DUV Lithography Machines to Bypass
The move targets the mature-node segment where ASML still ships freely, signaling Beijing's priority is industrial self-sufficiency at 28nm and above, not a leap to EUV parity.
Lawsuit accuses BitMEX of seizing 622 BTC via frozen servers
🩸BEARISH
Lawsuit accuses BitMEX of seizing 622 BTC via frozen servers
The complaint frames server freezes and internal trades as deliberate user-fund grabs timed to the orderly wind-down, putting BitMEX's exit liability under judicial review.
Tokenized stocks hit 32% of RWA market as gold loses ground
🔥BULLISH
Tokenized stocks hit 32% of RWA market as gold loses ground
XAUT and PAXG dropped from nearly 100% to 68% of tokenized assets in a year, with stocks and ETFs absorbing the rest as centralized exchanges roll out retail equity products.
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