Crypto
AI Summary
- The US Senate's decision to advance the CLARITY Act in September has significant implications for the crypto industry, potentially shaping regulatory frameworks and influencing market dynamics, particularly for Asian financial hubs.
- Institutional interest in Bitcoin remains strong, evidenced by substantial inflows into US spot Bitcoin ETFs, which saw their best week since April, and predictions of trillions in institutional money flowing into the asset.
- Security vulnerabilities continue to plague the crypto space, with notable exploits like the Coldcard hack impacting hardware wallets and draining significant funds, alongside ongoing concerns about Bitcoin infrastructure exploits.
- Regulatory crackdowns are intensifying globally, with the US Treasury sanctioning Iran-linked exchanges and Russia targeting unlicensed crypto platforms, while Japan's FSA implements measures to combat scams.
- The crypto market is seeing a notable shift with CEX perpetual futures volume falling to its lowest point since late 2023, and a record Bitcoin volume ratio where futures significantly outweigh spot trading, indicating a maturing derivatives market.
Sources
Cointelegraph
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Bitcoin’s BIP-110 enters mandatory signaling with miner support below 3%
5 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsThe deployment milestone tests whether enforcing nodes can sustain the change amid limited miner signaling and discussion of a hard-fork fallback.
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Here’s what happened in crypto today
9 hours ago
by Cointelegraph by Sam Bourgi
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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US spot Bitcoin ETFs post best week since April with $1B inflows
10 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsThe spot Bitcoin exchange-traded funds registered their third-strongest showing since October as institutional demand showed signs of renewed momentum.
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US Senate to vote on advancing CLARITY Act in September after Thune files cloture
11 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsThe procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.
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Bitcoin will never fall below $60K again: Nansen founder
13 hours ago
by Cointelegraph by Ciaran Lyons
MagazineCrypto is growing up thanks to trading in real world assets, and Bitcoin will never dip below $60K again, says Nansen founder founder Alex Svanevik.
CoinDesk
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Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins
6 hours ago
by Jamie Crawley
Tech, Bitcoin News, NewsThe proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition.
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Hardware wallet sales in Russia more than double as new crypto rules near
8 hours ago
by Francisco Rodrigues
Finance, Crypto News, NewsWildberries’ average price for hardware wallets fell 13% to 7,900 rubles, and M.Video broadened its range of products, though neither retailer identified the driving force behind the renewed demand.
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Brazil's central bank orders exchanges to delay large crypto transfers abroad
11 hours ago
by Francisco Rodrigues
Finance, Brazil, NewsThe rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges.
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Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
12 hours ago
by Olivier Acuna
Finance, Bitcoin News, NewsThe digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive long-term growth.
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Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
13 hours ago
by Helene Braun
Markets, ETFs, Dogecoin, NewsThe $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing.
Decrypt
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Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
9 hours ago
by Jason Nelson
CoinsA volunteer security effort says it has scanned 150 Bitcoin repositories, disclosed more than a dozen vulnerabilities, and is building an open-source AI platform to automate software security reviews.
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Senate Keeps Clarity Act Alive With Crypto Bill Vote Set for September
10 hours ago
by Decrypt Staff
Law and OrderSenate Majority Leader John Thune filed the motion to proceed early Saturday, setting up a mid-September showdown.
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Robinhood Crypto Chief Explains Why There Are 'Two Wolves' Inside Robinhood Chain
12 hours ago
by Jason Nelson
Business“We want to show customers that we care about what they care about," Robinhood head of crypto Johann Kerbrat told Decrypt.
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Trump Media Abandons Crypto Treasury, Prediction Market Ventures
a day ago
by Jason Nelson
BusinessTruth Social's parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fusion energy company TAE.
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Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran
a day ago
by Jose Antonio Lanz
Law and OrderThe U.S. Treasury sanctioned two crypto exchanges it says laundered millions of dollars for Iran's Revolutionary Guard, naming a Georgia- and UAE-based operator and an Iran-based platform.
AMBCrypto
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Bitcoin’s fate hinges on 10-month resistance – Break it, and…
2 hours ago
by Olayiwola Dolapo
Bitcoin, News, Social, Trading View, ambcryptoTechnical momentum improved, but sentiment still refused to join the rally.
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Is a price nuke ahead for Bitcoin’s price after rising OI meets soft spot demand?
3 hours ago
by Akashnath S
Bitcoin, BTC Trading View, News, Social, Trading View, ambcryptoThe Coin Days Destroyed metric saw a major spike that might just be alarming to some.
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Hyperliquid: Will HyperLabs’ $23M token unlock weigh on HYPE?
4 hours ago
by Gladys Makena
Altcoin, News, Social, Trading View, ambcryptoHyperLabs unlocked another 433,025 HYPE worth $23.46 million.
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Brazil tightens crypto rules with new $10K transfer rule – Report
5 hours ago
by Ishika Kumari
Global News, News, Social, Trading ViewWhat effects will the $10,000 transfer limit have on the cryptocurrency market in Brazil?
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SharpLink, Galaxy launch $125M on-chain yield fund – Details
6 hours ago
by Ishika Kumari
Ethereum, News, Social, Trading View, ambcryptoIs this a new strategy by Sharplink to strengthen its ETH holdings?