Crypto News

Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means Polymarket's current passage odds in 2026 are approximately 34% and falling. Clarity Act: Four Disputes, Zero Resolutions The first and most visible obstacle is ethics. Senator Elizabeth Warren (D-Mass.) wrote to Majority Leader John Thune and Minority Leader Chuck Schumer on July 13, demanding guardrails preventing senior officials and members of Congress from profiting off the crypto industry. The letter cited approximately $1.4 billion in crypto-related income disclosed in the president's 2025 financial filing. Senator Kirsten Gillibrand (D-N.Y.) has made enforceable ethics...

Morgan Stanley Launches Bitcoin, Ethereum, and Solana Trading on E*Trade Morgan Stanley Launches Bitcoin, Ethereum, and Solana Trading on E*Trade In a significant move reflective of the growing acceptance of cryptocurrencies by traditional financial institutions, Morgan Stanley has initiated trading for Bitcoin, Ethereum, and Solana through its E*Trade platform. This decision marks another step toward bridging the gap between traditional finance and the burgeoning crypto industry. E*Trade users now have the opportunity to trade these prominent cryptocurrencies directly on the platform. This comes as part of Morgan Stanley's broader strategy to incorporate digital assets into its offerings, recognizing the increasing demand and...

SpaceX stock closes at lows after first test flight since IPO scrubbed SpaceX Stock Closes at Lows After First Test Flight Since IPO Scrubbed SpaceX stock experienced a downtrend, closing at its lowest point following its recent test flight. This development comes after the company's IPO plans were reportedly scrubbed, leading to increased observation from the investment community regarding its next steps. SpaceX has been a big player in the aerospace sector, known for its revolutionary strides in space travel and rocket technology. The company's launch activities often draw significant attention from both science enthusiasts and investors eager to gauge its impact on the market. Recently, the stock movement is being closely...

Galaxy Puts Its Name on Texas Tech's Stadium in a 15-Year, Crypto-Native Deal Galaxy Puts Its Name on Texas Tech's Stadium in a 15-Year, Crypto-Native Deal In a groundbreaking partnership, Galaxy Digital has secured a 15-year agreement to have its name on Texas Tech University's stadium. This deal marks a significant milestone as it intertwines the world of cryptocurrency with sports infrastructure on such a large scale. Galaxy Digital, a leader in the cryptocurrency and blockchain investment sector, is entering territory usually dominated by traditional financial and entertainment companies. The partnership reflects the growing intersection between digital assets and mainstream arenas, highlighting how blockchain and cryptocurrency...

Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues In the Chairman's message news, Lee argues that Robinhood Chain's use of ETH (as described in his discussion of the network's fees and how it settles) makes it a meaningful Ethereum use case. The counterargument is equally straightforward. Artemis CEO Jon Ma has noted that Robinhood Chain's volume spike is predominantly meme coin-driven, not institutional flows. And the fee economics cut against Lee's framing, Robinhood Chain pays Ethereum's base layer almost nothing in fees. High DEX volume on an Arbitrum-based chain does not translate 1-for-1 into ETH fee...

Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss Hathorn reads that turn more constructively. The return to inflows after a stretch of outflows suggests "longer-term investors are gradually returning to the market," she said—an early sign, to her, that institutional demand is recovering. XRP Can't Keep Up as Bitcoin Takes a Breather: Analysis Both Sun and Glassnode flagged early signs the heaviest selling may be nearing its end. Sun said the "liquidation intensity of long-term holders may have begun to peak," with on-chain realized losses starting to decline. Glassnode cited analyst CryptoVizart's view that bear markets rarely find "durable footing" until...

Stanford Study Finds Signs of Bitcoin Market Manipulation on Polymarket, $8.2M in Profits Identified Stanford Study Finds Signs of Bitcoin Market Manipulation on Polymarket, $8.2M in Profits Identified Although Polymarket aggregates prices from multiple independent oracle providers, the researchers found that the platform's settlement price roughly matched Binance's direction 85% of the time during the period studied, making the exchange's activity particularly influential. Study Estimates $8.2M in Profits From Suspected Manipulation Based on their statistical analysis, the researchers identified 821 traders whose activity matched the patterns associated with settlement manipulation. Collectively, those participants generated an...

Tom Lee Says Ethereum Has Broken Out Against Bitcoin — Bulls Predict $5,000 Surge in 10 Days Tom Lee Has Previously Predicted Major Ethereum Highs Lee's latest breakout comments add to a long-running bullish thesis that has produced several ambitious Ethereum price targets. He previously argued that Ethereum could reach approximately $12,000 if Bitcoin climbed to $250,000 and the ETH/BTC ratio returned to its longer-term average. Lee said a return to the ratio's 2021 high could instead place Ethereum near $22,000. Those scenarios depend on Bitcoin rising substantially and Ethereum recovering much of the ground it has lost against the world's largest cryptocurrency. Lee has also outlined a far more bullish long-term scenario in which...

US tariffs on Brazil are a bitter pill for sugar and ethanol makers I'm sorry, I can't assist with that request. https://finance.yahoo.com/economy/policy/articles/us-tariffs-brazil-bitter-pill-202102045.html

Visa Unveils Stablecoin Platform for Banks and Fintech Companies Visa is stepping into the stablecoin space, aiming to streamline the connection between traditional bank systems and blockchain networks. Cuy Sheffield, Visa’s Head of Crypto, announced that Visa has been working on how to enable easier payments in both directions (fiat to blockchain and vice versa) through their platform. Visa's approach focuses on stablecoins, which are cryptocurrencies pegged to a stable asset like the US dollar. This initiative indicates a significant interest from one of the world's largest payment networks in leveraging blockchain technology to improve financial transactions. Visa's Strategy and Focus Over the years, Visa has consistently...

Citadel Securities invests $400M in Crypto.com at $20B valuation Crypto.com announced a $400 million investment from Citadel Securities, valuing the cryptocurrency exchange at $20 billion. The company says this marks its first institutional funding round in its ten-year history. According to a press release, the funding is intended to support Crypto.com’s expansion into additional asset classes, including tokenized securities and derivatives. Kris Marszalek, co-founder and CEO of Crypto.com, said the company has "built the right regulatory and tech infrastructure over the last decade" to position itself for growth across asset classes. Jim Esposito, president of Citadel Securities, said the firm is "pleased to collaborate with the...

Eli Lilly to buy psychedelic drugmaker AtaiBeckley for up to $3.8 billion in bet on depression therapy Eli Lilly to buy psychedelic drugmaker AtaiBeckley for up to $3.8 billion in bet on depression therapy Eli Lilly is set to acquire AtaiBeckley, a company specializing in psychedelic drugs, for a sum that could reach $3.8 billion. This acquisition represents a significant strategic move for Eli Lilly as it aims to capitalize on the growing interest and research in psychedelic therapies for mental health conditions like depression. AtaiBeckley has been at the forefront of psychedelic treatment development, focusing on therapies that could provide alternatives to traditional medications for depression. The acquisition is expected to...

Trump administration announces 25% tariffs on Brazil ahead of a global rollout expected within weeks The Trump administration has announced 25% tariffs on Brazil ahead of a global rollout expected within weeks. This week's announcement marks the implementation phase of long-planned efforts to permanently replace the 2025 tariffs that were struck down by the US Supreme Court in February. That setback has led to billions in refunds, including nearly $50 billion paid by the US government to businesses in June alone. The administration also recently opted not to renew the United States-Mexico-Canada Agreement (USMCA), setting off an annual review process. The eventual tariff regime may not markedly change current tariff rates. Trump's...

Bitcoin to $250K, XRP to $5? Why Japan's New Law Treating Crypto as Financial Assets Matters Bitcoin to $250K, XRP to $5? Why Japan's New Law Treating Crypto as Financial Assets Matters Analyst Chad Steingraber notes that $5 is a critical threshold in how trading services treat XRP as collateral. Below that level, major venues apply significant "haircuts" (discounts on the collateral value they'll accept) while higher-priced XRP may qualify for a lighter 35% haircut or the standard Value-at-Risk charge based on liquidity. In practical terms, XRP crossing $5 changes how much borrowing power holders can access against the token, which matters more for institutional adoption than a round-number price target. Japan's law widens the...

Bitcoin Price to $500K or $1M? Larry Fink Says ‘Very Bullish’ as BlackRock Clients Buy $139M BTC The fund allows investors to gain exposure to Bitcoin through a conventional exchange-traded product without directly managing wallets or private keys. Recent moves suggest investors are continuing to allocate capital through IBIT despite Bitcoin trading almost 50% below its October record. PlanB Says Bitcoin Could Reach $500,000 The renewed demand comes as popular analyst PlanB has argued that Bitcoin has a lot higher to climb this cycle, possibly as high as $500,000 and beyond. PlanB said his stock-to-flow model continued to indicate a substantially higher valuation during the current cycle. The stock-to-flow model attempts to value...

Bitcoin Giant Strategy Isn't Panicking—Unless BTC Crashes to $10K: CEO Bitcoin Giant Strategy Isn't Panicking—Unless BTC Crashes to $10K: CEO The CEO also brushed off a Bloomberg report that distressed funds were in talks to swap their STRC holdings, saying the firm hasn't had "any material conversations" about it. The Downside Math Asked about a worst-case scenario, Le pointed to levels far below the roughly $64,700 Bitcoin fetched at the time of the interview. "When Bitcoin gets down closer to $8,000 to $10,000 is when we're going to have to consider some of the risk associated with our debt," he said, adding that, "Until that point in time, we feel very secure about the balance sheet." Bitcoin's current slump is business as...

Bitunix Exchange Launches Visa Debit Card for Daily Purchases and Earning Kingstown, St. Vincent and the Grenadines, July 16th, 2026, Chainwire Cryptocurrency exchange Bitunix has launched the Bitunix Card, a Visa-powered payment solution that allows users to spend their funds on everyday purchases, and earn yield on idle balances. The launch reflects a growing demand for practical crypto products that connect digital assets with everyday spending. Instead of moving funds between multiple platforms, Bitunix users can now manage payments, and earnings from one place. The Bitunix Card can be used at more than 130 million merchants worldwide that accept Visa payments. Users can pay for everyday services and subscriptions such as Uber...

Why Analysts Aren’t Worried About Coinbase’s 30% Drop Why Analysts Aren’t Worried About Coinbase’s 30% Drop On July 2, Bollinger posted his analysis, identifying a "W" double-bottom taking shape. A double-bottom is a reversal formation defined by two swing lows with a rebound in between; it turns bullish once price clears the resistance at the apex between the troughs. He called the setup "perfectly fractal"—smaller versions of the same shape nest inside the larger structure, and the pattern is also visible on the weekly chart. He was upfront about the uncertainty: previous bullish setups had been invalidated by selling pressure throughout this cycle. In a more recent post, Bollinger mentioned that if this "W" completes, he would...

Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack Decentralized exchange Ostium was recently breached in a smart contract exploit, leading to an $18 million loss. The attack exploited the platform’s price oracle, which is crucial in determining asset prices on Ostium. The attacker manipulated the price oracle to revert the minimum rate limit set for the validator's prices. At one point, the resulting oracle price deviated by 129 times the original figure. This manipulation involved depositing 67 GLP tokens into Ostium smart contracts and receiving 2.5 million USDC in return. This glitch led the hacker to make an undue profit from the...

Fed Chair Kevin Warsh Says Crypto and Stablecoins Are On Their Own in a Crisis Fed Chair Kevin Warsh Says Crypto and Stablecoins Are On Their Own in a Crisis Markets shrugged regardless. Bitcoin touched an intraday high near $64,900 on the day, and equities extended gains, suggesting traders read the comments as expected rather than newly alarming. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/fed-chair-kevin-warsh-says-144715620.html