Crypto
AI Summary
- The CLARITY Act is gaining significant traction, with proponents like former President Trump actively pushing for its passage, aiming to provide regulatory clarity for the crypto industry, although some express concerns about the rushed legislative process.
- Major financial institutions like Standard Chartered and HSBC are actively exploring and executing real-world transactions on blockchain ledgers, signaling increasing institutional adoption and integration of distributed ledger technology.
- Bitcoin has experienced a notable price surge, briefly hitting $70,000 and reaching an 11-week high, driven partly by increased risk appetite amid U.S. Treasury buybacks and optimism surrounding potential regulatory developments.
- Artificial Intelligence (AI) is increasingly intersecting with the crypto space, with potential applications ranging from enhancing security and fraud detection to concerns about its misuse in scams and the impact on trading algorithms.
- Despite a significant crypto rally, several projects have faced setbacks, including exploits leading to network halts and substantial financial losses, underscoring the ongoing risks within the rapidly evolving digital asset landscape.
Sources
Cointelegraph
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Here’s what happened in crypto today
3 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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HYPE jumps 20% as Trump signals legal US path for Hyperliquid
3 hours ago
by Cointelegraph by Ezra Reguerra
MarketsHYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released.
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Rushed CLARITY Act vote could set legislation back, Gallego warns
4 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsGallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches.
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Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet
12 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels.
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Trump pushes for CLARITY Act passage alongside crypto leaders
13 hours ago
by Cointelegraph by Turner Wright
Latest NewsDonald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
CoinDesk
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Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million in biggest inflows in months
2 hours ago
by Shaurya Malwa
Tech, Live News, live_newsSpot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.
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Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
3 hours ago
by Shaurya Malwa
Markets, NewsThe Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
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Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
4 hours ago
by Shaurya Malwa
Markets, NewsTraders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.
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Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
4 hours ago
by Shaurya Malwa
Markets, NewsEvery major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.
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Bitcoin briefly hits $70,000 for the first time since June. Here is why
10 hours ago
by Helene Braun
Markets, Bitcoin News, NewsThe largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.
Decrypt
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Bitcoin's Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
10 hours ago
by Jose Antonio Lanz
MarketsBitcoin's steepest daily gain since March caught traders off guard, and Myriad's pump-or-dump market swung from 70-30 odds to nearly even in a single day.
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Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
11 hours ago
by Jason Nelson
Artificial IntelligenceThe president said the U.S. is far ahead of China in artificial intelligence and defended the rapid construction of data centers and power plants needed to fuel the industry.
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Trump Calls on Congress to Pass 'Fair Version' of Clarity Act at White House Crypto Meeting
13 hours ago
by Jason Nelson
Law and OrderTrump touted his administration’s crypto policies and said regulators are working to bring Hyperliquid into the U.S. under a compliant framework.
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Crypto Stocks Rip Higher as Strategy Jumps 12%, Coinbase Climbs 9%
13 hours ago
by Jose Antonio Lanz
MarketsStrategy, Coinbase, Circle, and BitMine are riding Bitcoin's short squeeze toward $70K—and two of them may be squeezing equity bears of their own.
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Kalshi Pushes Beyond Prediction Markets With Copper Perpetual Futures
13 hours ago
by Jason Nelson
MarketsThe prediction market operator is seeking CFTC approval for a copper perpetual as it moves further into traditional derivatives markets.
AMBCrypto
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Solana, XRP prices jump 10% – Which altcoin has more upside left?
an hour ago
by Benjamin Njiri
Analysis, HideCryptopanic, News, Social, Trading View, ambcryptoOn Wednesday, the U.S. Spot SOL and XRP ETFs each received more than $2 million in daily net inflows.
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Ethereum surges 18% as volume jumps 402% – But THESE 2 risks could halt ETH
an hour ago
by Muriuki Lazaro
Ethereum, News, Social, Trading View, ambcryptoEthereum’s breakout faces a key test as buyers confront heavy resistance and sizeable leveraged short positions.
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Pump.fun whale bets $6M on PUMP – Can liquidity fuel a breakout?
5 hours ago
by Erastus Chami
Altcoin, News, Social, Trading View, ambcryptoPUMP’s whale-led demand and spot outflows strengthen its chances of extending the ongoing recovery.
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Wyoming moves FRNT to Chainlink from LayerZero – Here’s why
6 hours ago
by Muriuki Lazaro
News, Social, Trading ViewWyoming’s FRNT migration adds public-sector backing to Chainlink CCIP’s growing cross-chain network.
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SKYAI drops 18% – Can $0.16 liquidity revive the token?
7 hours ago
by Kelvin Murithi
Altcoin, Analysis, Global News, News, News 1, Trading ViewA $16.16 million Liquidity Cluster could pull SKYAI toward $0.16 if buyers regain control.