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CLARITY Act on Ice After Coinbase Pulls Support
Indefinite postponement: Senate Banking Committee delays CLARITY Act markup with no new date set after last-minute changes. Coinbase pulls support: Exchange opposes provisions banning stablecoin rewards and restricting SEC flexibility. Focus shifts to housing: Committee pivots to Trump administration housing priorities amid stalled crypto talks. Agriculture Committee contrast: Proceeds with its version, including DeFi protections…
BlackRock transferred 3,970 BTC (approx. $356.7 million) and 82,813 ETH (approx. $247.1 million) to Coinbase Prime during early trading hours. The movement coincides with significant net outflows from the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). Market analysts suggest the transfers are operational liquidity moves to facilitate ETF redemptions rather than a directional market bet. Blockchain analytics p…
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The Midnight Foundation has signed a definitive agreement with AlphaTON Capital to integrate its zero-knowledge blockchain into the TON ecosystem. The partnership will enable privacy-preserving AI agents on Telegram through “Cocoon AI,” allowing users to keep financial and personal data confidential. The native NIGHT token fell 5.7% in the last 24 hours to $0.058, amid a broader cooling period for privacy-centric assets. Midnight, the privac…
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Senate Agriculture Committee Unveils Crypto Market Structure Bill Amid Regulatory Push
The Senate Agriculture Committee has published a new draft of crypto market structure legislation without bipartisan support. The bill expands CFTC oversight and exempts core crypto developers from regulated financial firm status. President Trump hopes to sign crypto legislation ‘very soon,’ according to his Davos speech. The Senate Banking Committee delays its bill to prioritize housing affordability. The U.S. Senate Agri…
Bitcoin surged past $90,000 on Wednesday following comments from President Donald Trump in Davos regarding a deal framework for Greenland. The sharp price reversal triggered more than $1 billion in liquidations across the crypto market as leveraged short positions were wiped out. The rally follows a period of intense volatility where geopolitical tensions over proposed tariffs on European allies dragged the digital asset toward $87,000. Bitc…
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