Senator Lummis says China will ‘write the rules’ of the new financial era if CLARITY fails
The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.
Circle freezes $12.6M of USDC linked to privacy protocol Zama
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.
Spot Bitcoin ETFs see record 10-day outflow streak, analyst calls it ‘contrarian indicator’
Spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.
Bitcoin treasury space still has fair share of ‘carnival barkers’: BSTR founder
BSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.”
US has seized nearly $1 billion in Iranian crypto, Treasury secretary says
US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.
Bitcoin retail sentiment still matters, says Swan Bitcoin CEO
Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”
‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair
As the CFTC and Gemini work together to seek a court’s reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”
Bitcoin dip buyers place $500M in bids as $70K retest looms
Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.