7 hours ago
The U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture complaint on Sep. 14 seeking approximately $61 million in cryptocurrency linked to black-market sales of Iranian crude oil.
According to the DOJ, the funds were allegedly meant to support the Iranian government and its military, including the Islamic Revolutionary Guard Corps, or IRGC. The U.S. government has designated the IRGC as a terrorist organization.
A civil forfeiture complaint is a legal action in which the government seeks to seize money or property it believes was involved in or resulted from criminal activity. It is not a criminal charge, the allegations are not proven until a court rules in the government's favor.
Related: Cathie Wood dumps $65 million in crypto ahead of CLARITY vote
The complaint alleges that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder proceeds from sanctioned Iranian oil sales. Binance is the world's largest cryptocurrency exchange by daily trading volume.
#government
According to the DOJ, the funds were allegedly meant to support the Iranian government and its military, including the Islamic Revolutionary Guard Corps, or IRGC. The U.S. government has designated the IRGC as a terrorist organization.
A civil forfeiture complaint is a legal action in which the government seeks to seize money or property it believes was involved in or resulted from criminal activity. It is not a criminal charge, the allegations are not proven until a court rules in the government's favor.
Related: Cathie Wood dumps $65 million in crypto ahead of CLARITY vote
The complaint alleges that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder proceeds from sanctioned Iranian oil sales. Binance is the world's largest cryptocurrency exchange by daily trading volume.
#government
8 hours ago
Over the last seven years, I've **** yzed hundreds of stocks and cryptocurrencies to see if they might be worth an investment. At the end of the day, I only end up buying a select few, like two of my longtime favorites, Costco Wholesale (NASDAQ: COST) and Apple (NASDAQ: AAPL).
Here's an abridged version of my research process -- hopefully it'll contain something useful to adapt as your own.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I typically start by getting the lay of the land regarding the company in question.
Step zero is comparing the stock's total returns to the S&P 500 over a range of different periods, starting from one month and extending to five years. Ideally, like both Apple and Costco, the company being evaluated will have outperformed the index over the last five years.
#NASDAQ #flashing #total
Here's an abridged version of my research process -- hopefully it'll contain something useful to adapt as your own.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I typically start by getting the lay of the land regarding the company in question.
Step zero is comparing the stock's total returns to the S&P 500 over a range of different periods, starting from one month and extending to five years. Ideally, like both Apple and Costco, the company being evaluated will have outperformed the index over the last five years.
#NASDAQ #flashing #total
9 hours ago
Wall Street spent years debating whether crypto deserved a place inside the financial system.
Franklin Templeton increasingly thinks that debate has it backwards. The more important question may be how much of the existing financial system eventually starts behaving like crypto.
For Chris Perkins, head of Franklin Crypto, the shift is already underway.
"Every institution is integrating blockchain technology in one way, shape or form," Perkins told Coinage. "Market structure is changing overnight. We will be in an era of 24-seven markets. If you're not 24-seven capable, you'll be left behind and someone else is going to eat your lunch."
That is a notably aggressive prediction coming from Franklin Templeton, one of the world's largest traditional ***** et managers. But Franklin has increasingly been putting money behind that conviction, too.
#franklin #Crypto #seven #behind
Franklin Templeton increasingly thinks that debate has it backwards. The more important question may be how much of the existing financial system eventually starts behaving like crypto.
For Chris Perkins, head of Franklin Crypto, the shift is already underway.
"Every institution is integrating blockchain technology in one way, shape or form," Perkins told Coinage. "Market structure is changing overnight. We will be in an era of 24-seven markets. If you're not 24-seven capable, you'll be left behind and someone else is going to eat your lunch."
That is a notably aggressive prediction coming from Franklin Templeton, one of the world's largest traditional ***** et managers. But Franklin has increasingly been putting money behind that conviction, too.
#franklin #Crypto #seven #behind
9 hours ago
Crypto volatility is likely to remain elevated as investors weigh the Federal Reserve's monetary policy decision and the CLARITY Act's failure to advance in a key Senate procedural vote, according to Simon-Peter Massabni, head of business development at XS.com.
Bitcoin (CRYPTO: $BTC) fell more than 2.5% to around $75,600 on Tuesday, while Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), Cardano (CRYPTO: $ADA) and Dogecoin (CRYPTO: $DOGE) also traded lower.
The Senate's failure to advance the CLARITY Act was a major source of market uncertainty. Senators voted 49-50 on Tuesday, falling well short of the 60 votes required to move the legislation forward. The bill aims to establish a federal framework for digital ****** ets and clarify the regulatory roles of the Securities and Exchange Commission and Commodity Futures Trading Commission.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#commission #failure #advance #senate
Bitcoin (CRYPTO: $BTC) fell more than 2.5% to around $75,600 on Tuesday, while Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), Cardano (CRYPTO: $ADA) and Dogecoin (CRYPTO: $DOGE) also traded lower.
The Senate's failure to advance the CLARITY Act was a major source of market uncertainty. Senators voted 49-50 on Tuesday, falling well short of the 60 votes required to move the legislation forward. The bill aims to establish a federal framework for digital ****** ets and clarify the regulatory roles of the Securities and Exchange Commission and Commodity Futures Trading Commission.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#commission #failure #advance #senate
11 hours ago
London-based Velocity has raised an additional $10 million, extending its Series A to $48 million at a $200 million post-money valuation, with participation from Visa Ventures, Circle Ventures, and Ripple. The fresh capital will fund infrastructure connecting stablecoins to existing payment networks, settlement systems, and corporate treasury operations.
The extension follows a $38 million Series A announced in July, which CEO Eric Queathem said was oversubscribed. Haun Ventures, Translink Capital, and Mirana Ventures also joined the extension round, pushing the total investor list well beyond typical crypto-native venture backers into strategic corporate money from a card network and a stablecoin issuer directly.
Velocity's platform lets payment companies and banks use stablecoins for settlement, liquidity, and treasury operations without ripping out the systems they already run. That's a deliberate scope: the company is targeting the layer connecting issuers, card networks, acquirers, and merchants, not the wallet consumers see.
Stablecoin circulation has grown past $300 billion, with usage expanding from crypto-exchange dollar transfers into payments, cross-border transfers, and corporate treasury work, the exact seam Velocity is trying to occupy.
Earn $50 and Enter $300K Prize Draw on EdgeX
#million #capital #stablecoin #connecting
The extension follows a $38 million Series A announced in July, which CEO Eric Queathem said was oversubscribed. Haun Ventures, Translink Capital, and Mirana Ventures also joined the extension round, pushing the total investor list well beyond typical crypto-native venture backers into strategic corporate money from a card network and a stablecoin issuer directly.
Velocity's platform lets payment companies and banks use stablecoins for settlement, liquidity, and treasury operations without ripping out the systems they already run. That's a deliberate scope: the company is targeting the layer connecting issuers, card networks, acquirers, and merchants, not the wallet consumers see.
Stablecoin circulation has grown past $300 billion, with usage expanding from crypto-exchange dollar transfers into payments, cross-border transfers, and corporate treasury work, the exact seam Velocity is trying to occupy.
Earn $50 and Enter $300K Prize Draw on EdgeX
#million #capital #stablecoin #connecting
17 hours ago
Bitcoin (BTC) dipped by 3.2% yesterday, following news that a procedural vote on the Clarity Act in the U.S. Senate failed to meet the required threshold.
With 49 votes in favor, 11 less than the minimum established to move the bill to the main floor, the Clarity Act has now been shelved for what remains of the year.
Republicans made a few amendments to the bill in the past few days to entice Democrats, but apparently failed to ease their concerns regarding the ethical provisions they were demanding.
Most other cryptocurrencies experienced strong declines following the news, but seem to be starting to recover this morning.
Truth be told, the market had already priced in that the Clarity Act would not be passed this year. Odds in Polymarket have been collapsing for months, although they recovered to 30% last week ahead of this key vote.
#clarity #following #bill
With 49 votes in favor, 11 less than the minimum established to move the bill to the main floor, the Clarity Act has now been shelved for what remains of the year.
Republicans made a few amendments to the bill in the past few days to entice Democrats, but apparently failed to ease their concerns regarding the ethical provisions they were demanding.
Most other cryptocurrencies experienced strong declines following the news, but seem to be starting to recover this morning.
Truth be told, the market had already priced in that the Clarity Act would not be passed this year. Odds in Polymarket have been collapsing for months, although they recovered to 30% last week ahead of this key vote.
#clarity #following #bill
17 hours ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
Wealth management firms aren't the only ones trying to be one-stop shops.
Earlier this month, the cryptocurrency exchange Binance began offering direct access to options on more than 1,000 US stocks and ETFs. Although these **** ets are currently available only to international customers, it's the latest effort by a major crypto operation to make its mark on the world of traditional finance, and vice versa, as crypto ETFs' popularity continues to attract broker-dealers and banks. The move also signals the platform's goal of presenting itself to investors as more than just a crypto marketplace.
"Binance increasingly wants to be viewed as a full investment platform," said Hesom Parhizkar, cofounder of AdvizorPro. "Crypto remains a relatively small pool of **** ets compared with the enormous traditional wealth management and RIA markets, so offering stocks, ETFs and related products gives Binance access to a much larger opportunity."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#daily #upside #wealth #investors
Wealth management firms aren't the only ones trying to be one-stop shops.
Earlier this month, the cryptocurrency exchange Binance began offering direct access to options on more than 1,000 US stocks and ETFs. Although these **** ets are currently available only to international customers, it's the latest effort by a major crypto operation to make its mark on the world of traditional finance, and vice versa, as crypto ETFs' popularity continues to attract broker-dealers and banks. The move also signals the platform's goal of presenting itself to investors as more than just a crypto marketplace.
"Binance increasingly wants to be viewed as a full investment platform," said Hesom Parhizkar, cofounder of AdvizorPro. "Crypto remains a relatively small pool of **** ets compared with the enormous traditional wealth management and RIA markets, so offering stocks, ETFs and related products gives Binance access to a much larger opportunity."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#daily #upside #wealth #investors
18 hours ago
Stablecoin developer Circle Internet Group (NYSE: $CRCL) has unveiled a new blockchain called "Arc."
The blockchain arrives as Circle tries to diversify beyond issuing its $74 billion USDC stablecoin (CRYPTO: $USDC).
In a statement, Circle said that Arc will help it become one of the biggest blockchain companies to provide the rails for moving money and financial ***** ets onchain.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#usdc
The blockchain arrives as Circle tries to diversify beyond issuing its $74 billion USDC stablecoin (CRYPTO: $USDC).
In a statement, Circle said that Arc will help it become one of the biggest blockchain companies to provide the rails for moving money and financial ***** ets onchain.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#usdc
18 hours ago
Investors were quick to pull money out of spot Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) after the Clarity Act failed to advance in the U.S. Senate.
Market data shows that a dozen Bitcoin ETFs in the U.S. saw outflows of $450 million U.S. on Sept. 15, the biggest one-day redemption since June 25th of this year.
The outflows came shortly after the U.S. Senate declined to advance the "Digital **** et Market Clarity Act" that would provide a regulatory framework for cryptocurrencies.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#Crypto
Market data shows that a dozen Bitcoin ETFs in the U.S. saw outflows of $450 million U.S. on Sept. 15, the biggest one-day redemption since June 25th of this year.
The outflows came shortly after the U.S. Senate declined to advance the "Digital **** et Market Clarity Act" that would provide a regulatory framework for cryptocurrencies.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#Crypto
19 hours ago
Stock futures are higher after two days of losses for major indexes as traders await the Federal Reserve's decision on interest rates; the Fed is widely expected to raise its benchmark interest rate for the first time in three years to tame inflation; the European Union could add Canada as an "associate member" amid the country's growing trade war with the Trump administration; shares of SK Hynix and Intel are climbing following a report that the companies could partner to build chips in the U.S.; and retail sales data is due this morning. Here's what you need to know today.
Stock futures are rising this morning ahead of the highly anticipated Federal Reserve decision on interest rates. Dow Jones Industrial Average and S&P 500 futures were each up 0.3% in recent trading while futures tracking the tech-heavy Nasdaq added 0.6%. The major indexes fell Tuesday for the second straight session as oil prices and government bond yields rose. WTI crude oil futures were recently down more more than 2% at $103.50 per barrel after hitting a fresh four-month high yesterday. The yield on the 10-year Treasury note was at 4.97%, after jumping as high as 5.04% in yesterday's session, the highest point since the financial crisis of 2007. Bitcoin was holding steady at $76,100, after the cryptocurrency slumped yesterday as the Clarity Act failed to pass through a cloture vote in the Senate. Gold futures were up 1% to $4,390 an ounce.
The Federal Reserve's policy committee will wrap up its two-day meeting this afternoon amid expectations that the central bank will hike its benchmark rate for the first time in three years to address mounting inflationary pressure. The Federal Open Market Committee's decision is scheduled to be released at 2:00 p.m. ET, along with quarterly economic projections from FOMC members. Fed Chair Kevin Warsh, who took over the top position in May, has said repeatedly the Fed is squarely focussed on bringing inflation down to the Fed's target. Recent inflation data has confirmed that price pressures persist as oil prices rise owing to the Iran war. Investors will be looking for additional insights from Warsh, who is scheduled to speak at a press conference half an hour after the decision is announced. A rate hike is meant to raise borrowing costs, slowing economic activity such that inflation moderates. The challenge the Fed faces is that it can't address the underlying causes of the inflation, including the Iran war, tariffs and rampant corporate spending on AI.
#interest
Stock futures are rising this morning ahead of the highly anticipated Federal Reserve decision on interest rates. Dow Jones Industrial Average and S&P 500 futures were each up 0.3% in recent trading while futures tracking the tech-heavy Nasdaq added 0.6%. The major indexes fell Tuesday for the second straight session as oil prices and government bond yields rose. WTI crude oil futures were recently down more more than 2% at $103.50 per barrel after hitting a fresh four-month high yesterday. The yield on the 10-year Treasury note was at 4.97%, after jumping as high as 5.04% in yesterday's session, the highest point since the financial crisis of 2007. Bitcoin was holding steady at $76,100, after the cryptocurrency slumped yesterday as the Clarity Act failed to pass through a cloture vote in the Senate. Gold futures were up 1% to $4,390 an ounce.
The Federal Reserve's policy committee will wrap up its two-day meeting this afternoon amid expectations that the central bank will hike its benchmark rate for the first time in three years to address mounting inflationary pressure. The Federal Open Market Committee's decision is scheduled to be released at 2:00 p.m. ET, along with quarterly economic projections from FOMC members. Fed Chair Kevin Warsh, who took over the top position in May, has said repeatedly the Fed is squarely focussed on bringing inflation down to the Fed's target. Recent inflation data has confirmed that price pressures persist as oil prices rise owing to the Iran war. Investors will be looking for additional insights from Warsh, who is scheduled to speak at a press conference half an hour after the decision is announced. A rate hike is meant to raise borrowing costs, slowing economic activity such that inflation moderates. The challenge the Fed faces is that it can't address the underlying causes of the inflation, including the Iran war, tariffs and rampant corporate spending on AI.
#interest
19 hours ago
The Fed raised rates 25 basis points today, pushing the funds rate to 4% as major indices sold off in anticipation.
Brent Crude surged to $109 and WTI hit $106 as renewed Middle East fighting and a Saudi pipeline shutdown drove energy prices higher.
Bitcoin dropped nearly 4% to $76,180 after the Clarity Act crypto regulation bill failed in the Senate by a single vote, 50-49.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes over the next year to tackle sticky inflation, exacerbated by the war with Iran and rising oil prices.
#funds
Brent Crude surged to $109 and WTI hit $106 as renewed Middle East fighting and a Saudi pipeline shutdown drove energy prices higher.
Bitcoin dropped nearly 4% to $76,180 after the Clarity Act crypto regulation bill failed in the Senate by a single vote, 50-49.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes over the next year to tackle sticky inflation, exacerbated by the war with Iran and rising oil prices.
#funds
19 hours ago
By
Updated Sept. 16, 2026 7:58 am ET
Listen
(2 min)
Bitcoin was trading at a near four-week low Wednesday as investors await the Federal Reserve’s interest-rate decision later in the day, and after the digital currency fell Tuesday following the U.S. Senate’s rejection of a crypto-friendly bill.
#tuesday
Updated Sept. 16, 2026 7:58 am ET
Listen
(2 min)
Bitcoin was trading at a near four-week low Wednesday as investors await the Federal Reserve’s interest-rate decision later in the day, and after the digital currency fell Tuesday following the U.S. Senate’s rejection of a crypto-friendly bill.
#tuesday
19 hours ago
The internet has never been short on financial advice. There's an endless parade of experts online promising the next stock, cryptocurrency or investing strategy could be the one that makes your net worth "go to the moon."
The problem is that most people aren't spending their days watching the markets, studying compnay balance sheets or trying to time the perfect trade (which is difficult even for the savviest investor). And when complicated investing advice gets repackaged into a 30-second video, following it without fully understanding the risks can turn into an expensive lesson for investors.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#advice #investing #ramsey #security
The problem is that most people aren't spending their days watching the markets, studying compnay balance sheets or trying to time the perfect trade (which is difficult even for the savviest investor). And when complicated investing advice gets repackaged into a 30-second video, following it without fully understanding the risks can turn into an expensive lesson for investors.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#advice #investing #ramsey #security
20 hours ago
If online prediction markets are correct, the Democrats are likely to win back the House and Senate in November. On Polymarket, there's currently a 53% chance of a Democratic sweep.
If you're a crypto investor, that outcome could have important consequences for your portfolio. That's especially the case if Democrats delay, roll back, or block important pro-crypto legislation. With that in mind, here's one crypto to buy and one crypto to sell.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
My one crypto to buy is Bitcoin (CRYPTO: BTC). It is still the most popular cryptocurrency, accounting for a whopping 60% of the crypto market's total $2.6 trillion market cap. As Bitcoin goes, so goes the crypto market.
As a result, Bitcoin currently has the support of both Wall Street and the White House, so any political fallout from the midterm elections in the event of a Democratic sweep should be minimal. Regulators already agree that Bitcoin is a commodity, not a security. Thus, even if the Clarity Act does not pass this year, it shouldn't have a direct impact on the regulatory status of Bitcoin and how institutional investors view it.
#NVIDIA #flashing #total
If you're a crypto investor, that outcome could have important consequences for your portfolio. That's especially the case if Democrats delay, roll back, or block important pro-crypto legislation. With that in mind, here's one crypto to buy and one crypto to sell.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
My one crypto to buy is Bitcoin (CRYPTO: BTC). It is still the most popular cryptocurrency, accounting for a whopping 60% of the crypto market's total $2.6 trillion market cap. As Bitcoin goes, so goes the crypto market.
As a result, Bitcoin currently has the support of both Wall Street and the White House, so any political fallout from the midterm elections in the event of a Democratic sweep should be minimal. Regulators already agree that Bitcoin is a commodity, not a security. Thus, even if the Clarity Act does not pass this year, it shouldn't have a direct impact on the regulatory status of Bitcoin and how institutional investors view it.
#NVIDIA #flashing #total
20 hours ago
Ethereum's native token, Ether (ETH), is showing signs of underperformance against Bitcoin (BTC), with a bearish double-top setup emerging just as the US Senate's failure to advance the CLARITY Act adds fresh uncertainty to the crypto market.
Ether was trading near 0.03167 BTC on Sept. 16, after failing to sustain its latest advance against Bitcoin.
The ETH/BTC daily chart shows two comparable peaks near 0.03344 BTC, one formed in August and another in September. Together, they resemble a potential double top, a bearish reversal structure that typically develops when buyers repeatedly fail to push price through the same resistance area.
Its neckline sits around 0.03078 BTC, meaning ETH/BTC would need a decisive daily close below that level to validate the breakdown.
If that happens, subtracting the pattern's maximum height from the neckline produces a downside target near 0.0283 BTC. That would represent a decline of roughly 10% from current levels, signaling further Ethereum underperformance relative to Bitcoin.
#Bitcoin #underperformance #daily #neckline
Ether was trading near 0.03167 BTC on Sept. 16, after failing to sustain its latest advance against Bitcoin.
The ETH/BTC daily chart shows two comparable peaks near 0.03344 BTC, one formed in August and another in September. Together, they resemble a potential double top, a bearish reversal structure that typically develops when buyers repeatedly fail to push price through the same resistance area.
Its neckline sits around 0.03078 BTC, meaning ETH/BTC would need a decisive daily close below that level to validate the breakdown.
If that happens, subtracting the pattern's maximum height from the neckline produces a downside target near 0.0283 BTC. That would represent a decline of roughly 10% from current levels, signaling further Ethereum underperformance relative to Bitcoin.
#Bitcoin #underperformance #daily #neckline
1 day ago
Updated Sept 15, 2026, 4:10 pm EDT / Original Sept 15, 2026, 6:33 am EDT
The Clarity Act, a key bill for crypto regulation, failed to advance in the Senate Tuesday. The vote was 49 to 50 in a procedural vote known as invoking cloture that could have moved it to a final vote.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising oil prices and a 10-year Treasury yield climbing to around 5% have raised concerns about consumer spending and restaurant operating costs.
#updated #clarity #senate
The Clarity Act, a key bill for crypto regulation, failed to advance in the Senate Tuesday. The vote was 49 to 50 in a procedural vote known as invoking cloture that could have moved it to a final vote.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising oil prices and a 10-year Treasury yield climbing to around 5% have raised concerns about consumer spending and restaurant operating costs.
#updated #clarity #senate
1 day ago
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Senators on Tuesday voted to block the Clarity Act from moving forward, setting back efforts to establish a comprehensive regulatory framework for the crypto industry.
The Digital ******* et Market Clarity Act received 50 votes for and 49 against the motion to proceed, short of the 60 votes needed to advance, a threshold that would have required at least seven Democratic "yes" votes and all 53 Senate Republicans.
Sen. Elizabeth Warren (D-Mass.) has been an outspoken critic of the legislation, saying it "fails to adequately protect investors, our financial system, and our national security. However, Republicans say the latest draft included more than 100 revisions Democrats requested, including stricter ethics guidelines.
The bill is over 600 pages long and would have marked the first federal regulation of the U.S. crypto sector. A version of the bill cleared the House last year, but it encountered resistance in the Senate.
#Crypto #tuesday
Senators on Tuesday voted to block the Clarity Act from moving forward, setting back efforts to establish a comprehensive regulatory framework for the crypto industry.
The Digital ******* et Market Clarity Act received 50 votes for and 49 against the motion to proceed, short of the 60 votes needed to advance, a threshold that would have required at least seven Democratic "yes" votes and all 53 Senate Republicans.
Sen. Elizabeth Warren (D-Mass.) has been an outspoken critic of the legislation, saying it "fails to adequately protect investors, our financial system, and our national security. However, Republicans say the latest draft included more than 100 revisions Democrats requested, including stricter ethics guidelines.
The bill is over 600 pages long and would have marked the first federal regulation of the U.S. crypto sector. A version of the bill cleared the House last year, but it encountered resistance in the Senate.
#Crypto #tuesday
1 day ago
What happened: Bitcoin (BTC-USD) fell 4% to hover below $76,000 on Tuesday.
What's behind the move: The world's largest cryptocurrency lost ground ahead of a Fed decision this week, and as the CLARITY Act struggled to clear a cloture vote in the Senate.
Hopes of securing the 60 votes needed to proceed faded ahead of the afternoon vote as Republicans and Democrats remained divided over the latest version of the bill.
Polymarket bettors gave the bill a 5% chance of becoming law this year. Investors now fear it will be shelved until after the midterm elections and potentially pushed to 2029.
The crypto market has been closely following the bill aimed at establishing a comprehensive federal framework for digital ****** et markets.
#bill #ahead #hopes
What's behind the move: The world's largest cryptocurrency lost ground ahead of a Fed decision this week, and as the CLARITY Act struggled to clear a cloture vote in the Senate.
Hopes of securing the 60 votes needed to proceed faded ahead of the afternoon vote as Republicans and Democrats remained divided over the latest version of the bill.
Polymarket bettors gave the bill a 5% chance of becoming law this year. Investors now fear it will be shelved until after the midterm elections and potentially pushed to 2029.
The crypto market has been closely following the bill aimed at establishing a comprehensive federal framework for digital ****** et markets.
#bill #ahead #hopes
1 day ago
Last month, Strategy (NASDAQ: MSTR) founder and Executive Chairman Michael Saylor predicted that Bitcoin's token price would grow at a 30% compound annual rate over a 10-year period. At the time, the market-leading cryptocurrency was trading at roughly $64,500.
As of this writing, Bitcoin is already up roughly 20% since Saylor made his prediction. Could Saylor's prediction for average annualized returns over the next 30 years really hold up?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Bitcoin hit an all-time high of roughly $126,200 per token in October 2025. It then began an extended downtrend that took it to a cyclical low of below $58,600 this summer. Even though the cryptocurrency has recently seen some strong bullish momentum, it's still down roughly 39% from its peak. It's possible that current macroeconomic dynamics will help the token continue regaining ground.
With concerns about rising bond yields, oil prices, and inflation recently shaping action across the stock market and weighing heavily on the broader macroeconomic outlook, the stage could be set for Bitcoin to continue coming back into favor with investors in the near term. Crypto bulls have long touted the token's ability to function as a store of value or "digital gold," and an inflationary environment that coincides with record national debt continuing to reach new highs seemingly reflects the kind of dynamics that Bitcoin has been championed as a bulwark against.
#saylor
As of this writing, Bitcoin is already up roughly 20% since Saylor made his prediction. Could Saylor's prediction for average annualized returns over the next 30 years really hold up?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Bitcoin hit an all-time high of roughly $126,200 per token in October 2025. It then began an extended downtrend that took it to a cyclical low of below $58,600 this summer. Even though the cryptocurrency has recently seen some strong bullish momentum, it's still down roughly 39% from its peak. It's possible that current macroeconomic dynamics will help the token continue regaining ground.
With concerns about rising bond yields, oil prices, and inflation recently shaping action across the stock market and weighing heavily on the broader macroeconomic outlook, the stage could be set for Bitcoin to continue coming back into favor with investors in the near term. Crypto bulls have long touted the token's ability to function as a store of value or "digital gold," and an inflationary environment that coincides with record national debt continuing to reach new highs seemingly reflects the kind of dynamics that Bitcoin has been championed as a bulwark against.
#saylor
1 day ago
I last wrote about the dollar index on Barchart on July 23, 2026, when I asked if the index that measures the U.S. currency against the world's other leading convertible reserve currencies. I concluded the article with the following:
A weaker dollar, even if the dollar index moves higher, could fuel inflation, pushing prices of all ***** ets higher, including commodities, stocks, cryptocurrencies, and even bonds if central banks turn on liquidity faucets during a crisis as they did in 2020. Higher ***** et prices may only reflect the declining purchasing power of the world's reserve currency.
Dollar Rises on Surging Crude Prices and T-Note Yields
Dollar Edges Higher as Stocks Fall and Crude Oil Rallies
Dollar Supported by Higher Crude Prices and T-Note Yields
#index #yields
A weaker dollar, even if the dollar index moves higher, could fuel inflation, pushing prices of all ***** ets higher, including commodities, stocks, cryptocurrencies, and even bonds if central banks turn on liquidity faucets during a crisis as they did in 2020. Higher ***** et prices may only reflect the declining purchasing power of the world's reserve currency.
Dollar Rises on Surging Crude Prices and T-Note Yields
Dollar Edges Higher as Stocks Fall and Crude Oil Rallies
Dollar Supported by Higher Crude Prices and T-Note Yields
#index #yields
1 day ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
1 day ago
Crypto markets and related stocks moved lower Tuesday as investors braced for two major Washington catalysts: a Senate vote on the CLARITY Act and the Federal Reserve's interest-rate decision Wednesday.
Bitcoin was trading around $76,431, down 2.19% over 24 hours, while Ether fell 1.8% to roughly $2,449 and Solana dropped 1.02% to about $100. The total crypto market capitalization declined 1.2% to $2.61 trillion.
Derivatives traders were also caught in the selloff. Roughly $384 million in crypto positions were liquidated over 24 hours, including about $195 million in longs and $189 million in shorts, while nearly $160 million was wiped out over the previous 12 hours.
Crypto-linked stocks were hit harder.
Related: CLARITY Act faces urgent Democratic counterproposal and growing opposition
#hours #tuesday
Bitcoin was trading around $76,431, down 2.19% over 24 hours, while Ether fell 1.8% to roughly $2,449 and Solana dropped 1.02% to about $100. The total crypto market capitalization declined 1.2% to $2.61 trillion.
Derivatives traders were also caught in the selloff. Roughly $384 million in crypto positions were liquidated over 24 hours, including about $195 million in longs and $189 million in shorts, while nearly $160 million was wiped out over the previous 12 hours.
Crypto-linked stocks were hit harder.
Related: CLARITY Act faces urgent Democratic counterproposal and growing opposition
#hours #tuesday
1 day ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
1 day ago
ARK Invest sold over 142,000 CRCL shares Monday across ARKK and ARKW, pushing Circle Internet down 8% despite a 25% monthly gain.
COIN and BMNR each slid 5% as the Senate's Clarity Act vote threatens to open stablecoin markets to better-funded bank competitors.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Circle Internet Group didn't make the cut. Enter your email to see the names that beat CRCL. The report is free. Enter your email and see if any of your stocks made the cut.
Circle Internet Group (NYSE:CRCL) stock is falling on Tuesday after ARK Invest trimmed its position ahead of a U.S. Senate procedural vote on the Digital ******* et Market Clarity Act. Circle Internet stock is down 8% to $89.56 in midday trading. The move stands out among crypto-linked equities because the same manager cut several crypto positions but concentrated the sale in Circle Internet.
Coinbase Global (NASDAQ:COIN) shares are down 5% to $181.06. Also lower, Bitmine Immersion Technologies (NYSEAMERICAN:BMNR) stock is sliding 5% to $24.38. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.5% to $757.09, so the selling is concentrated in crypto-linked names.
#crcl #coin
COIN and BMNR each slid 5% as the Senate's Clarity Act vote threatens to open stablecoin markets to better-funded bank competitors.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Circle Internet Group didn't make the cut. Enter your email to see the names that beat CRCL. The report is free. Enter your email and see if any of your stocks made the cut.
Circle Internet Group (NYSE:CRCL) stock is falling on Tuesday after ARK Invest trimmed its position ahead of a U.S. Senate procedural vote on the Digital ******* et Market Clarity Act. Circle Internet stock is down 8% to $89.56 in midday trading. The move stands out among crypto-linked equities because the same manager cut several crypto positions but concentrated the sale in Circle Internet.
Coinbase Global (NASDAQ:COIN) shares are down 5% to $181.06. Also lower, Bitmine Immersion Technologies (NYSEAMERICAN:BMNR) stock is sliding 5% to $24.38. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.5% to $757.09, so the selling is concentrated in crypto-linked names.
#crcl #coin
1 day ago
The House Ways and Means Committee will consider legislation Wednesday that would exempt some crypto transaction fees from capital-gains calculations and apply new federal tax rules to stablecoins, staking, mining and digital ***** et trading.
Committee Chairman Jason Smith, R-Mo., introduced the 114-page Digital ***** et Tax Certainty Act, or H.R. 10357. The committee has scheduled its markup for 10 a.m. Eastern on Sept. 16.
During a markup, committee members debate a bill, propose amendments, and decide whether to advance it to the full House.
The legislation would create a "de minimis" exemption for qualifying network or transaction fees of $10 or less. De minimis refers to an amount considered too small to require standard tax treatment.
Paying a blockchain fee with crypto can create a taxable event because the IRS treats digital ***** ets as property. The exemption would allow taxpayers to disregard gains or losses on eligible fees.
#committee #digital #asset
Committee Chairman Jason Smith, R-Mo., introduced the 114-page Digital ***** et Tax Certainty Act, or H.R. 10357. The committee has scheduled its markup for 10 a.m. Eastern on Sept. 16.
During a markup, committee members debate a bill, propose amendments, and decide whether to advance it to the full House.
The legislation would create a "de minimis" exemption for qualifying network or transaction fees of $10 or less. De minimis refers to an amount considered too small to require standard tax treatment.
Paying a blockchain fee with crypto can create a taxable event because the IRS treats digital ***** ets as property. The exemption would allow taxpayers to disregard gains or losses on eligible fees.
#committee #digital #asset
1 day ago
The CoinEx crypto exchange is shutting down its operations after nine years, citing a "prolonged" crypto market downturn, shrinking trading activity and rising compliance costs across major jurisdictions.
The exchange said the wind-down will begin on Sep. 15, with services being withdrawn in stages before the platform closes completely on Dec. 22.
Related: Coinbase CEO doubles down on bullish Bitcoin target
CoinEx will immediately stop new user registrations, referral commissions and several new product subscriptions. Futures markets are moving into reduce-only mode, while no new orders will be accepted for margin trading, loans, staking, earn products and several other services.
All non-spot services are scheduled to end on Sep. 22. On-chain deposits will also close that day, with the exception of deposits in CoinEx Token, or CET, which will remain available until Sep. 29.
#Services #exchange #trading
The exchange said the wind-down will begin on Sep. 15, with services being withdrawn in stages before the platform closes completely on Dec. 22.
Related: Coinbase CEO doubles down on bullish Bitcoin target
CoinEx will immediately stop new user registrations, referral commissions and several new product subscriptions. Futures markets are moving into reduce-only mode, while no new orders will be accepted for margin trading, loans, staking, earn products and several other services.
All non-spot services are scheduled to end on Sep. 22. On-chain deposits will also close that day, with the exception of deposits in CoinEx Token, or CET, which will remain available until Sep. 29.
#Services #exchange #trading
1 day ago
Forward Industries (NASDAQ: $FWDI) has raised its takeover offer for SkyAI (NASDAQ: $SKYA), proposing a deal that would value the Solana (CRYPTO: $SOL) treasury company at a 50% premium to its latest closing price.
Forward said Tuesday that it had delivered an updated non-binding proposal to acquire all outstanding SkyAI common stock. Under the new terms, SkyAI shareholders would receive the value of 0.306 shares of Forward Industries for each SkyAI share, with investors able to choose cash, Forward shares, or a combination of both.
Based on Forward's $6.95 closing price on Monday, the proposal values each SkyAI share at about $2.13, compared with SkyAI's $1.42 close. Forward has asked SkyAI's board to respond by September 25. The proposal remains subject to regulatory approvals and a shareholder vote.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#skyai #proposal #price
Forward said Tuesday that it had delivered an updated non-binding proposal to acquire all outstanding SkyAI common stock. Under the new terms, SkyAI shareholders would receive the value of 0.306 shares of Forward Industries for each SkyAI share, with investors able to choose cash, Forward shares, or a combination of both.
Based on Forward's $6.95 closing price on Monday, the proposal values each SkyAI share at about $2.13, compared with SkyAI's $1.42 close. Forward has asked SkyAI's board to respond by September 25. The proposal remains subject to regulatory approvals and a shareholder vote.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#skyai #proposal #price
1 day ago
The White House said Tuesday that banning yield on stablecoins would do little to increase bank lending, pushing back against estimates that stablecoin rewards could result in large amounts of deposits leaving the traditional banking system.
In an update to an April ****** ysis by the Council of Economic Advisers (CEA), the White House said eliminating stablecoin yield would increase bank lending by about $2.1 billion under its baseline ****** umptions. That represents just 0.02% of outstanding bank loans.
Community banks would account for roughly $500 million of the additional lending, or about 0.03% of their loan books, according to the ****** ysis.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#yield #increase #tuesday
In an update to an April ****** ysis by the Council of Economic Advisers (CEA), the White House said eliminating stablecoin yield would increase bank lending by about $2.1 billion under its baseline ****** umptions. That represents just 0.02% of outstanding bank loans.
Community banks would account for roughly $500 million of the additional lending, or about 0.03% of their loan books, according to the ****** ysis.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#yield #increase #tuesday
2 days ago
GameStop (GME) is a Grapevine, Texas-based specialty retailer operating stores and e-commerce platforms under the GameStop, EB Games, and Micromania banners across the U.S., Canada, Australia, and Europe. Once known primarily as a video game and electronics retailer, GameStop has diversified aggressively under Executive Chairman Ryan Cohen, expanding into collectibles, trading cards, pop culture merchandise, and even cryptocurrency and equity investments. The company has become a prominent "meme stock," attracting substantial retail investor attention while pursuing an unconventional capital allocation strategy that includes bitcoin holdings and a sizable equity stake in eBay (EBAY), positioning GameStop as much an investment vehicle as a traditional retailer.
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital ***** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#shares
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital ***** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#shares
2 days ago
A 22-year-old man who dropped out of school in the eighth grade pleaded guilty on Sept. 8 to helping steal more than $245 million in cryptocurrency after teaming up with friends.
According to the ******* ociated Press, Malone Lam used proceeds from the theft to buy luxury cars, rent Miami mansions and spend millions at nightclubs. One night at a Los Angeles club, he reportedly spent $569,000.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#angeles
According to the ******* ociated Press, Malone Lam used proceeds from the theft to buy luxury cars, rent Miami mansions and spend millions at nightclubs. One night at a Los Angeles club, he reportedly spent $569,000.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#angeles
