Crypto News
Senate Crypto Regulation Deal Lifts Clarity Act Vote Odds to 72%
The Senate’s path to passing landmark crypto regulation has cleared a major hurdle after White House negotiators and Republican senators reached agreement on contested ethics language in the CLARITY Act, lifting the probability of a full chamber vote above 72 percent before lawmakers depart for summer recess in early August. Background: The Long Road to...
Bitcoin Retreats on Oil Spike and Inflation Fears Ahead of Fed Meeting
Bitcoin pulled back sharply overnight as surging oil prices and renewed inflation concerns sparked a broad retreat from risk assets, with the flagship cryptocurrency surrendering Tuesday’s gains to settle near $65,877 by late Wednesday. The pullback reflects a classic risk-off reversal that has left market participants divided between residual bullish momentum and mounting macro headwinds...
Here’s What Happened in Crypto Today
Bitcoin and Ethereum rallied on institutional ETF inflows today, but gains proved short-lived as oil prices spiked and Fed Chair Warsh dashed rate-cut expectations, sending markets into retreat. Meanwhile, the Senate’s CLARITY Act faced renewed obstacles over ethics concerns regarding lawmakers’ personal crypto holdings, and XRP whales accumulated tokens at record levels even as retail...
Oil Spike Triggers Bitcoin Selloff Below $66K Amid Rate Hike Fears
Bitcoin tumbles below $66,000 as surging oil prices reignite inflation concerns tied to escalating Iran tensions, marking a sharp reversal from the cryptocurrency’s strongest month-long rally. The selloff extends across risk assets as crude oil climbs past $87 per barrel, pushing both Treasury yields and Federal Reserve rate hike odds to fresh cycle highs. Background:...
XRP Whales Hit Record Accumulation as Retail Exit Accelerates
Whale investors are accumulating XRP at record levels while retail participation in exchange outflows has plummeted to just 22 percent, the lowest share ever recorded. Data from CryptoQuant shows that institutional and large-holder activity now dominates XRP movements off centralized exchanges, accounting for 77.8 percent of all outflows on July 22. The shift signals growing...
Fed Chair Warsh Crushes Rate-Cut Hopes Despite Dovish CPI Print
Fed Chair Warsh’s hawkish pivot has substantially dampened cryptocurrency markets despite a surprisingly dovish June CPI report, leaving Bitcoin and Ethereum struggling to maintain gains heading into the July 29 Federal Reserve decision. The inflation data released on July 14 showed headline CPI falling 0.4% month-over-month—the largest monthly decline since April 2020—yet Fed leadership’s refusal...
Senate CLARITY Act Stalls on Ethics Dispute Over Official Crypto Holdings
An ethics dispute over cryptocurrency holdings by senior U.S. officials has frozen Senate floor action on the CLARITY Act, the landmark digital asset regulation bill that has been years in the making. The stalemate, which emerged by July 17, 2026, now threatens to push meaningful U.S. crypto regulation into the fall or beyond, leaving the...
Bitcoin, Ethereum Rally on Institutional ETF Inflows Amid FOMC Risk
Bitcoin and Ethereum staged a modest rally on Tuesday as renewed institutional engagement through spot ETF inflows coincided with a temporary return of risk appetite across equities. The gains, however, remain fragile against mounting macro headwinds, with the Federal Reserve’s July 28-29 policy decision looming as a critical near-term catalyst that could reshape the trajectory...
Here’s What Happened in Crypto Today
Crypto markets stabilized significantly today as positive economic data sparked renewed Fed easing expectations, while the Senate moved closer to passing landmark crypto legislation with a White House ethics deal clearing the path for a CLARITY Act vote this week. Bitcoin and Ethereum recovered from extreme fear conditions as investors recalibrated around softer inflation readings,...
White House Ethics Deal Clears Path for Crypto Bill Senate Vote
The White House has cleared the final Republican hurdle on the Digital Asset Market CLARITY Act by agreeing to ethics language on July 20, setting up a potential Senate floor vote before the August 7 recess and dramatically improving the legislative timeline for crypto market structure regulation. President Trump’s agreement to conflict-of-interest provisions targeting the...
XRP Breaks Month-Long Triangle as Bulls Eye $1.35 Target
XRP has broken out of a month-long symmetrical triangle formation and is now testing key resistance levels, with early momentum suggesting a potential recovery toward $1.35 as traders watch for confirmation of a broader bullish reversal. The altcoin gained 4% over the past 24 hours to reach $1.13, marking its strongest daily performance in weeks...
US CPI, PPI Beat Estimates, Crypto Rallies on Fed Easing Signals
US inflation cooled dramatically in June, with headline CPI falling to 3.5% year-over-year—70 basis points below consensus expectations—while producer prices dropped 5.5%, marking the sharpest disinflation signal in years. The dual surprise triggered an immediate crypto rally, with Bitcoin reclaiming $64,000 and Ethereum surging past $1,880 as markets repriced Federal Reserve policy expectations ahead of...