Key Highlights Bitcoin maintains support above $76,000 despite the Clarity Act vote failure and Federal Reserve interest rate hike, with Ethereum trading in a $2,370–$2,430 range. Chinese whale Garrett Jin withdrew 35,001 ETH ($85 million) from Binance to Hyperliquid, likely to fund a 37,760 ZEC short position worth $51.5 million. Bitcoin miner Jiang Zhuoer, founder ...
Bitcoin Price Rally Driven by US Debt Concerns, Not Crypto Regulation, Says Bitwise CIO Matt Hougan Bitcoin’s recent price surge appears to be fueled primarily by mounting concerns over the United States fiscal outlook rather than progress on cryptocurrency-specific legislation, according to analysis from Bitwise Chief Investment Officer Matt Hougan. Inverse Correlation Between Regulatory Odds ...
Bitwise Chief Investment Officer Matt Hougan suggests Bitcoin’s price rally could persist while U.S. debt concerns remain unresolved, pointing to a divergence between crypto regulatory expectations and actual market performance. In a post on social platform X, Hougan shared a chart tracking the relationship between legislative odds and Bitcoin’s price action from July 1 to ...
Bitcoin Support Levels to Watch: Analyst Lark Davis Highlights $73K and $67K Zones Amid Regulatory Uncertainty Cryptocurrency investor and analyst Lark Davis has outlined key technical support levels for Bitcoin should the asset face further downside pressure. In an assessment shared via X, Davis identified the 200-day exponential moving average (EMA) near $73,000 as the ...
SEC Chairman Paul Atkins expressed gratitude to stakeholders across the administration, Congress, investors, and innovators who have advanced the CLARITY Act, while confirming the agency will proceed with regulatory action regardless of the legislation’s fate. “I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty ...
The Senate failed to advance the CLARITY Act in a closely watched vote yesterday, prompting an immediate shift in industry focus toward regulatory action by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). With comprehensive market-structure legislation stalled, attention is turning to what the agencies can achieve under existing authority. ...
The U.S. House Financial Services Committee advanced the American Reserve Modernization Act of 2026 (H.R. 8957) on September 16, marking a procedural milestone for the proposed Strategic Bitcoin Reserve. The legislation passed on a 28-21 party-line vote, with Republicans comprising the majority. Despite the committee approval, prediction markets now assign a 6% probability the bill ...
The U.S. Senate failed to advance the CLARITY Act on September 15, with a 49–50 procedural vote falling short of the 60-vote threshold required to move the legislation to formal floor debate. The outcome stalls a bill that previously passed the House of Representatives in July 2025 by a 294–134 margin. Senate Deadlock Halts Legislative ...
Bitcoin Analyst Predicts $90K by November Amid Bearish Sentiment Trader Matthew Hyland argues that Bitcoin is currently sitting at a daily cycle low with a bullish divergence forming on the charts, forecasting prices above $90,000 by early November. His call comes while BTC trades near $76,000, down sharply after the Senate failed to advance the ...
Crypto Trading Volume Faces Durability Test After August Surge Cryptocurrency trading volume returned sharply in August, but September is testing whether that heightened activity can hold without another broad price rally. Spot and perpetual markets expanded as Bitcoin and major tokens gained roughly 25% during the broader rebound tracked by CryptoQuant. The latest pullback now ...
Fed Expected to Raise Rates by 25 Basis Points Crypto markets are already under pressure ahead of today’s Federal Open Market Committee (FOMC) meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is largely priced in. Traders are now focused on Chair Kevin ...
Bitcoin Coinbase Premium Slumps to Four-Week Low as U.S. Demand Weakens Bitcoin’s Coinbase premium has dropped to its lowest level in four weeks, signaling fading U.S. buying pressure as traders digest a legislative setback for the crypto industry and brace for tighter monetary policy. Coinbase Premium Turns Negative The premium measures the price gap between ...