Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
Signs of life?: State of Crypto
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The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
The group’s Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.
The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.
Ripple’s Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.
The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Saylor, Adam Back and others say turning a spam dispute into a consensus fight could create a bigger risk than the spam itself.
Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.
Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets’ Christian Lopez.
Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over.
Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there.
Despite President Donald Trump’s refusal to sign Congress’ bipartisan housing bill, it’s set to go into effect at midnight, and its temporary CBDC ban along with it.
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.