Author: Antony Mutethia

The CLARITY Act’s Senate prospects have slipped past the August recess, with election politics and ethics disputes pushing lawmakers toward a potential November timeline.

The European Union has added HTX to a new sanctions package targeting crypto firms and other entities accused of helping Russia evade restrictions through digital assets, as EU and UK pressure on crypto grows.

The House Agriculture Committee will hold a hearing on sports prediction markets as legal challenges and growing calls for a ban intensify for platforms including Polymarket and Kalshi.

A crypto market selloff wiped out nearly $450 million in liquidations as Bitcoin, Ethereum, and XRP dropped following Trump’s Iran remarks and renewed geopolitical tensions.

Strategy sold 3,588 Bitcoin for about $216 million to fund STRC preferred dividend payments, while MSTR shares and Bitcoin both moved lower after the disclosure.

Trump said US-Iran talks are making positive progress as oil falls and gold and crypto extend gains while traders watch for a possible negotiation extension.

Bitcoin rebounded after Fed Chair Kevin Warsh avoided signaling the direction of the July rate decision, while markets continued pricing tighter monetary policy and uncertainty over inflation and growth.

Arthur Hayes sold 6,000 ETH at a loss near $1,690 while whales continued accumulating Ethereum, leaving traders focused on key support levels around $1,700 and $1,500.

The XRP Ledger has released version 3.2.0, including infrastructure upgrades, developer tools, security fixes, and a core server rebrand from “rippled” to “xrpld.”

Bitcoin inched toward $64,000 after Trump confirmed a new US-Iran agreement is expected soon, boosting risk sentiment and easing concerns tied to the Strait of Hormuz.