Author: James Wilson
Bitcoin price has retreated from nearly $67,000 after escalating U.S.-Iran hostilities pushed oil prices higher and tempered optimism created by progress on the CLARITY Act. Summary Bitcoin pulled back after briefly touching $66,965 as sellers defended the $67,000 resistance level. CLARITY Act progress, ETF inflows and short liquidations fueled BTC’s rapid advance. Rising oil prices and the U.S.-Iran conflict threaten a sustained breakout toward $70,000. According to data from crypto.news, Bitcoin (BTC) price rose from an intraday low of $65,149 to $66,965 on July 21 before sellers forced the price back to about $66,440. The asset remained up 1.8% on…
MEXC has opened Bittensor’s TAO staking to its reported 40 million users through validator Yuma, adding exchange-based access to rewards from one of the largest decentralized artificial intelligence networks. Summary MEXC has launched TAO staking for its reported 40 million users through Yuma. Yuma will provide the validator infrastructure and manage staking allocations across Bittensor. The launch follows Yuma’s criticism of Bittensor’s proposed Root Reborn governance overhaul. Yuma announced on Tuesday that its validator infrastructure now powers TAO staking on MEXC, allowing the exchange’s customers to delegate the token without moving their holdings to a separate Bittensor-compatible wallet. Bittensor $TAO…
Senate negotiations over the CLARITY Act have produced new customer safeguards and an ethics agreement, raising Polymarket’s odds of enactment this year to 43% as lawmakers pursue a bipartisan floor vote. Summary John Thune sees a good chance of reaching a bipartisan CLARITY Act agreement. Democrats secured stronger customer protections, while lawmakers agreed on ethics provisions. Polymarket traders place the bill’s chance of becoming law in 2026 at 43%. CNBC reported that Democratic senators secured additional customer protection measures during negotiations over the Digital Asset Market Clarity Act, although unresolved details have continued to delay the release of the Senate’s…
Bitcoin has risen 2.2% to $66,681, and XRP has gained 3.6% to $1.152 as both assets test chart resistance while Iran claims it struck Amazon’s data infrastructure in Bahrain. Summary Bitcoin approached $67,257 Fibonacci resistance as bullish momentum strengthened on its daily chart. XRP broke above a symmetrical triangle, opening a possible move toward $1.30. Iran’s unverified Amazon strike claim added geopolitical risk to both crypto rallies. IRNA, Iran’s state news agency, has reported that the Islamic Revolutionary Guard Corps used several cruise missiles to attack what it described as Amazon’s central data infrastructure in Bahrain on July 21. The…
Ionic Digital has secured SEC approval for its registration statement, clearing the final regulatory hurdle before its planned Nasdaq direct listing on July 28. Summary Ionic Digital has cleared its final SEC regulatory hurdle ahead of its planned Nasdaq direct listing on July 28. Existing shareholders, including former Celsius creditors, will be able to sell their shares as Ionic lists under the ticker IOND. The company continues building its AI and high performance computing business alongside its Bitcoin mining operations. According to a company statement issued Monday, the digital infrastructure operator expects its Class A common stock to begin trading…
Standard Chartered’s roadmap has XRP at $28 by 2030. Read the fine print and every dollar above $3 depends on one bill passing a Senate that has sat on it for a year. The most institutional price target in crypto is a bet on Congress, trading at one-in-three odds. Summary Standard Chartered’s Geoffrey Kendrick cut his 2026 XRP target 65% in February, from $8 to $2.80, the deepest cut across the bank’s crypto coverage, while raising his long-range ladder to $7 in 2027, $12.60 in 2028, and $28 by 2030. The conditions are explicit: the near-term target needs only a…
Ethereum price has climbed nearly 2% to $1,942 after a rebound in semiconductor stocks and hopes for renewed US-Iran talks restored demand for risk assets. Summary Ethereum price rose nearly 2% to $1,942 as technology stocks and risk sentiment recovered. Whales withdrew and staked about $38 million in ETH, while ETF inflows strengthened demand. A break above $1,952 could trigger short liquidations and open a move toward $2,000. The move took Ethereum (ETH) price to an intraday high of $1,953 on Tuesday, extending its recovery from a July 18 low near $1,830. Market sentiment improved as Asian technology shares recovered…
CoinShares has entered Europe’s €26.3 trillion UCITS fund market with the launch of a regulated Bitcoin mining ETF, opening its digital asset strategies to institutional investors whose mandates previously restricted access to its products. Summary CoinShares has launched a UCITS platform with a Bitcoin mining ETF listed on Deutsche Börse Xetra. The new structure opens access to pension funds, insurers, and private banks restricted by existing investment mandates. CoinShares said it plans to use the UCITS platform to launch more regulated digital asset investment funds. Digital asset investment firm CoinShares announced on Tuesday that it has launched a UCITS platform…
Bitcoin returned above $65,000 on Tuesday as a rebound in Asian technology stocks restored some risk appetite after last week’s semiconductor selloff. Summary Bitcoin reclaimed $65,000 as Asian chip stocks rebounded and broader risk appetite strengthened across markets. U.S. spot Bitcoin ETFs extended inflows to five sessions, adding fresh institutional support for prices. MACD and RSI readings improved, while $70,000 remains BTC’s next major technical resistance level ahead. At the time of writing, crypto.news price data showed BTC trading around $65,245, up 1.23% over 24 hours and 5.02% over seven days. Trading volume stood near $32.18 billion. The broader crypto…
Senate Democrats have secured additional customer protection measures in the latest CLARITY Act negotiations as lawmakers continue working to finalize the crypto market structure bill ahead of a possible floor vote. Summary Senate Democrats secured stronger customer protection measures during the latest CLARITY Act negotiations, Coinbase vice chair Ryan VanGrack said. Ethics provisions remain the biggest obstacle as lawmakers continue negotiating the final Senate version of the crypto market structure bill. The Senate has yet to release the revised bill text or schedule a floor vote ahead of the August recess. CNBC reported that Senate negotiations over the Digital Asset…