Analysts say the CLARITY Act’s failed procedural vote will not derail crypto markets, arguing that price action is still driven by supply and demand and broader rate expectations.
Author: Fahd Parihar
Bitcoin and the broader crypto market dropped after the Senate failed to advance the CLARITY Act, with BTC falling more than 3% and market liquidations topping $668 million.
Goldman Sachs has revised its outlook and now expects the Federal Reserve to raise rates by 25 basis points after August inflation data strengthened the case for a hike.
India has issued $116 million in tokenized corporate bonds through the Demat 2.0 pilot, settling trades using the RBI’s wholesale digital rupee with atomic settlement.
Trezor says a third-party breach allowed hackers to send phishing emails from its official domain, warning users not to click links tied to a reported STM32 entropy vulnerability.
India’s FIU has issued non-compliance notices to 15 crypto platforms, warning that they could face access blocks unless they meet PMLA and FIU registration requirements.
BitMine bought 28,086 ETH for about $70.1 million, bringing its holdings to 5.93 million ETH and edging closer to its 5% supply target, with staking and AI-linked catalysts cited by chairman Tom Lee.
The crypto industry is pushing for the Clarity Act ahead of a Senate procedural vote on September 15, but Republican lawmakers remain split over ethics concerns tied to President Trump’s crypto interests.
Bitcoin slipped below $79,000 as Fed rate-hike odds climbed to about 60% after Friday’s jobs data, with analysts expecting the price to stay capped under $82,000 until the next decision.
Liquid Network paused operations after supposed white-hat hackers withdrew 4,000 BTC from its federation wallet, temporarily suspending LBTC deposits and withdrawals.









