The post Why Bitwise Says CLARITY Act Passage Marks the Bear Market Bottom appeared on BitcoinEthereumNews.com.
Bitwise named the CLARITY Act as one of the key catalysts for crypto markets in the third quarter, saying its passage could likely mark the bottom of the current bear market. The asset manager laid out four catalysts in its Q3 2026 report. It added that this quarter is make-or-break for the market structure bill. Why the CLARITY Act Tops Bitwise’s Q3 List The CLARITY Act has been one of the most-watched bills for the crypto sector. However, it has faced key hurdles, with two issues now stalling its progress. First, ethics provisions tied to the president’s family’s crypto interests have become a sticking point. Section 604, which shields non-custodial developers from money transmitter rules, has also drawn contested debate among lawmakers and law enforcement groups. Prediction markets put the odds of the bill passing in 2026 near 40%. That figure has fallen sharply from 75% i
The post Crypto records longest losing streak since 2022, Bitwise says appeared on BitcoinEthereumNews.com.
The crypto market recorded its third straight quarter of negative returns in Q2 2026, marking its longest losing streak since 2022, according to a market review published by Bitwise. Summary Crypto recorded its longest quarterly losing streak since 2022 after the Bitwise index fell 15.4%. Spot Bitcoin ETFs faced record quarterly outflows as digital assets moved closer to traditional stock markets. Stablecoin settlements, tokenized assets and prediction markets grew despite weaker prices across major crypto assets. The Bitwise 10 Large Cap Crypto Index fell 15.4% during the quarter. Eight of its 10 assets ended the period in the red. Spot Bitcoin exchange-traded funds also recorded their worst quarter of outflows since their launch. Crypto prices extend quarterly decline Bitwise reported that onchain activity, trading volume and assets held in decentralized finance protocols decli
The post New CLARITY Act Draft Could Land Next Week as Senate Faces 60-Vote Test appeared on BitcoinEthereumNews.com.
Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13. The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support. Floor action is targeted for the week of July 20, ahead of the Aug. 7 recess seen as the deadline. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort said more than 70 pages of text have been added to the unified version, which is described as placing heavier emphasis on consumer protections than earlier drafts. With only three working weeks in July and the first week of August left before lawmakers scatter for the summer break and attention shifts to the fall midterm elections, the coming July 13 to Aug. 7 stretch stands to be a decisiv
Lawmakers may unveil a merged version of the Digital Asset Market Clarity (CLARITY) Act next week, potentially, with Senate floor action eyed for July 20. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort […]
China's ultimatum to Russia heightens geopolitical tensions, potentially impacting crypto market volatility and regulatory scrutiny globally.
The post China’s nuclear ultimatum to Russia adds new wrinkle to geopolitical risk calculus for crypto markets appeared first on Crypto Briefing.
The intelligence sharing and military tensions could lead to sustained higher oil prices, complicating global economic conditions and impacting crypto.
The post Israel shares intelligence with US on alleged Iranian plot to kill Trump, rattling crypto markets appeared first on Crypto Briefing.
The post Bitcoin Surges Past $64K as Tech Stocks and Crypto Markets Rally Together appeared on BitcoinEthereumNews.com.
Key Highlights Bitcoin surged 3.5% to approach $64,000, closing the week with a 4.2% gain Major altcoins including Ether, XRP, Dogecoin, and Solana saw positive Friday sessions The Nasdaq outperformed with a 1.3% increase, while the S&P 500 advanced 0.8% Memory chip manufacturers like Micron and Sandisk dominated S&P 500 gains Dollar depreciation combined with robust AI semiconductor demand fuels coordinated crypto and stock market advances The leading cryptocurrency bounced back toward the $64,000 threshold on Friday, shaking off mid-week declines triggered by escalating geopolitical concerns. This resurgence coincided with substantial rallies across Asian trading floors and continued weakness in the U.S. dollar. Bitcoin (BTC) Price Digital gold experienced a 3.5% upward movement after temporarily sliding to approximately $61,850 in response to President Trump’s stat
The post CFTC vacancies snag US crypto bill as global rivals advance appeared on BitcoinEthereumNews.com.
A shortage of staff at the Commodity Futures Trading Commission (CFTC) has stalled the Senate’s efforts regarding the Clarity Act, a delay the proponents fear could allow the rest of the world to dictate rules for the crypto industry worth about $2.2 trillion. In the case of crypto trading firms with a presence across different jurisdictions, the issue is about governance. The Clarity Act indicates that the CFTC would oversee the spot trading of digital commodities. Yet while this agency’s role is supposed to regulate this market, it currently has just one commissioner instead of five – Michael Selig, a Republican. The White House and Senate Democrats were arguing on Thursday, blaming each other for keeping the other four seats vacant. Selig has been upfront about the stakes involved. In a recent interview with Fox Business, Selig stated that if Congress does not take action, there
