Clarity Act
CLARITY Act stalls as US crypto regulators write rules without Congress
The Senate stopped short of debating a federal crypto market structure bill. A week later, the CFTC chair was still laying out plans for tokenized collateral…
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Bitcoin
Strategy resumed Bitcoin buying, but Strive gained more BTC per share
Strategy resumed buying after a two week pause, but its latest purchase came from cash while its stock sales remained idle. Meanwhile a review of five…
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Strategy has stopped buying bitcoin and stopped selling stock
Two straight weeks with no bitcoin bought, no bitcoin sold, and not a single share issued. Instead $139.3 million of cash went into retiring its own…
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Bitwise is closing its dogecoin ETF. Access was never the problem
Across 199 trading days, the three US dogecoin funds recorded zero net flows on 166 of them. Not outflows. Nothing at all. The generic listing standards…
Clarity Act
Four events in five days and the market has priced one of them
A Senate cloture vote, a Federal Reserve decision where hike odds just jumped to 86.5%, Pi Network’s final planned upgrade, and the Bank of Japan. Three…
Chainlink
World settles bets with an oracle. That is the third model
Kalshi settles bets with a rulebook and a person applying it. Polymarket settles them with a token-holder vote. World settles them with a data feed, no…
Clarity Act
The Treasury Secretary is whipping votes for a bill priced at 10%
The Treasury Secretary wants it passed. The President worked senators in person. Coinbase's CEO says it is happening. Galaxy has it at 10%, down from 75%…
DeFi
PayPal’s new platform lets anyone issue a dollar backed by a dollar
MoonPay issues the token. It is backed by PYUSD. PYUSD is issued by Paxos and backed by actual dollars and Treasuries. Count the layers: there are…
Bitcoin
Germany is ending tax-free bitcoin, and cutting the rate for traders
Everyone is reporting a tax rise. Do the arithmetic and Germany is cutting the top rate for active traders by nineteen points, from 45% to 26.375%.…
Bitcoin ETF
XRP fell 27% while RLUSD crossed $2.3 billion and nobody blinked
Ripple’s stablecoin has grown 1,278% this year while XRP shed more than a quarter of its value. The network is busier than ever, but the token…