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XRP trades at $1.3869 ahead of Tuesday's CLARITY Act cloture vote. Full price analysis, key levels, and what a Senate outcome means for XRP this week. The post XRP Price Prediction: What If the CLARITY Act Passes on Tuesday? appeared first on Cryptonews.

What happened within the ETH ecosystem on Friday when the asset rocketed to an 8-month high?

The US Senate has a limited window to pass a crypto market structure bill, but if it were to fail, the legislation could be completely remade or scrapped under Democrats in 2027. With lawmakers in the US Senate set to consider legislation pushed by many in the cryptocurrency industry for regulatory clarity, there’s a limited window for the bill to become law, potentially delaying it into the next session of Congress with different politics in play. The US Senate is scheduled to return to session on Monday after more than a month in which lawmakers were on state work periods. Senator John Thune, the Republican majority leader in the chamber, has scheduled a cloture vote on the Digital Asset Market Clarity (CLARITY) Act for Tuesday, in which his compatriots will need support from a handful of Democrats to meet the 60-vote threshold and overcome a filibuster. Should the bill fail to advance with a three-fifths supermajority, the Senate will have less than 36 days of business before 2027, when a new session of Co...

Corporate political donations hit a record $646 million over the 18 months through June, according to Public Citizen's analysis of FEC filings. Crypto political spending led every other corporate sector at $206 million, while crypto, AI, and online betting together accounted for $344 million, more than half the total. The GENIUS Act already created a […] The post What the $344M crypto political spending spree wants from Congress next appeared first on CryptoSlate.

Cronos restored pre-exploit state, Ontology paused before a confirmed loss, and ICON halted after assets reached exchanges, exposing three different emergency powers and recovery risks. The post Stopping a blockchain doesn’t always recover stolen funds – What actually happened when 3 networks pulled the plug appeared first on CryptoSlate.

What led to the major narrative change and the $500b+ freshly entered capital?

The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro. Update (Aug. 21, 9:50 pm UTC): This article has been updated to include information about the criminal case against Edward Zimbardi. On Tuesday, the US District Court for the Southern District of New York (SDNY) entered consent orders related to a 2022 enforcement action against former Alameda Research CEO Caroline Ellison and crypto exchange FTX co-founder Zixiao “Gary” Wang. The orders imposed by the US Commodity Futures Trading Commission (CFTC) required that Ellison and Wang receive a five-year trading ban related to their roles in the crypto exchange’s collapse. The CFTC also ordered that the Alameda CEO receive a 10-year registration ban, while Wang received an eight-year registration ban. Read more

The following is a guest post and opinion from Danyel Arenas, Co-Founder and CEO at KiiChain. Visa’s launch of its Stablecoin Platform is a sign that stablecoins are moving into mainstream financial infrastructure. The platform gives banks, fintechs and payment providers a way to access, hold, move and redeem stablecoins within a Visa-managed environment. As […] The post Stablecoin payments are going mainstream. What happens when the recipient needs local currency? appeared first on CryptoSlate.

A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading. In a Friday filing with the US District Court for the Southern District of New York (SDNY) over campaign finance charges, Michelle Bond’s legal team asked the court to consider precluding evidence related to former FTX Digital Markets co-CEO Ryan Salame, her husband who is currently serving a 90-month sentence after he pleaded guilty in 2023. Bond faces campaign finance charges alleging that her unsuccessful 2022 congressional run in New York was partially funded by contributions from FTX facilitated by Salame. As part of the filings this week, Bond asked the court to exclude evidence of her husband’s guilty plea and “related plea materials,” in which the former executive admitted to making “political contributions in [his] name that were funded by transfers from the bank accounts” of an entity tied to FTX.  “The Court should p...

A Senate deadline could determine XRP price, and secure the regulatory clarity many investors want, or lose its biggest legislative catalyst. The post XRP Price Could Turn Volatile This Month: What’s at Stake for Ripple? appeared first on Cryptonews.

Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy. Key takeaways: Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices higher and Japan’s bond markets faced renewed stress. That combination triggered broader de-risking across markets. At the same time, concerns over potential Bitcoin sales from Strategy intensified, with traders now bracing for a possible correction below $60,000. Read more

Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. […] The post What states can still do to crypto after GENIUS and CLARITY appeared first on CryptoSlate.

XRP price is trading under $1.20 after sellers crushed another breakout prediction at the $1.25 descending trendline resistance. The post XRP Price Prediction: Breakout Attempt Rejected at Resistance — What’s Next? appeared first on Cryptonews.

Bitcoin eyes a rally toward $92,630 as BTC defends key long-term support while the Nasdaq flashes deeper correction risks. Bitcoin (BTC) traders said that BTC holding above the $60,000 psychological support over the weekend was important as it recovered 6.5% from a local low near $59,100 to an intraday high of around $62,950 on Sunday. Key takeaways: Bitcoin's rebound stood out as the tech-heavy Nasdaq Composite (IXIC) plunged more than 4% on Friday, its steepest one-day drop since April 2025. This has raised hopes that risk capital may return to BTC markets. Read more

Investors selling across spot, futures and ETF markets pushed Bitcoin into its monthly range lows near $72,000 but data shows retail investors buying the dip and opening longs. When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over.  Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk of retesting $70,000, a 16% decline from its range highs.  Read more

Hyperliquid launched a prediction market this week tied directly to the May US CPI year-over-year reading. Intercontinental Exchange, the owner of the New York Stock Exchange, announced a partnership with OKX to roll out oil futures contracts that never expire, putting ICE's Brent and WTI benchmarks in a crypto product with 24/7 trading. Polymarket, whose […] The post What happens when crypto traders can bet on CPI, Fed cuts, and oil 24/7? appeared first on CryptoSlate.

Bitcoin’s break above $82,000 and a return of strong institutional demand are prerequisites to confirm a trend change for BTC price. Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee's advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met. Key takeaways: Data from TradingView showed BTC tested overhead resistance at $82,000, which has rejected the price since last week. Read more

On May 12, the Senate Banking Committee released updated text of the CLARITY Act ahead of a scheduled May 14 markup. The bill would establish new rules for digital asset intermediaries, define how certain network tokens are treated, expand the role of federal market regulators, and create a path for banks to offer crypto-related services. […] The post CLARITY Act’s final draft has been released ahead of May 14 markup – What’s in it? appeared first on CryptoSlate.

Tom Lee Sets $22,000 Ethereum Target on AI-Blockchain Thesis The post Tom Lee Floats $22,000 Ethereum Target: What Has to Be True? appeared first on Cryptonews.

US authorities find an additional $10 million connected to Sam Bankman-Fried, the former CEO of Celsius ditches his legal team and a new law in Washington state bans crypto ATMs. On Wednesday, lawyers representing Alex Mashinsky moved to withdraw as attorneys in the case, saying that the former Celsius CEO would be “proceeding pro se” — representing himself in court. Mashinsky was sentenced to 12 years in prison for his role in fraud and price manipulation at the crypto lending platform. Source: PACER Roni Cohen-Pavon, Celsius’ former chief revenue officer, is scheduled to be sentenced on May 13 after pleading guilty in September 2023. On May 4, US prosecutors recommended that the judge consider Cohen-Pavon’s “substantial assistance” to the government at sentencing, signaling leniency. Read more