π¨ Bessent Backs CLARITY Act
Treasury Secretary Scott Bessent reaffirmed that the Trump administration has no plans for a U.S. CBDC and urged Congress to move quickly on the CLARITY Act.
The comments reinforce support for private stablecoins and digital asset regulation as the Senate prepares to take up the bill.
π Full story: https://coingape.com/treasury-sec-scott-bessent-rules-out-cbdc-under-trump-clarity-act-is-coming/
Treasury Secretary Scott Bessent reaffirmed that the Trump administration has no plans for a U.S. CBDC and urged Congress to move quickly on the CLARITY Act.
The comments reinforce support for private stablecoins and digital asset regulation as the Senate prepares to take up the bill.
π Full story: https://coingape.com/treasury-sec-scott-bessent-rules-out-cbdc-under-trump-clarity-act-is-coming/
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π¨ CLARITY Act Debate Heats Up
A Coinbase executive defended the CLARITY Act, arguing it would strengthen AML compliance and national security, pushing back against Senator Elizabeth Warrenβs criticism.
The debate comes as the Senate works toward releasing a unified draft of the crypto bill next week.
π Full story: https://coingape.com/coinbase-exec-slams-senator-warren-amid-clarity-act-national-security-debate/
A Coinbase executive defended the CLARITY Act, arguing it would strengthen AML compliance and national security, pushing back against Senator Elizabeth Warrenβs criticism.
The debate comes as the Senate works toward releasing a unified draft of the crypto bill next week.
π Full story: https://coingape.com/coinbase-exec-slams-senator-warren-amid-clarity-act-national-security-debate/
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π¨ Ripple Nearly Shut Down
Brad Garlinghouse revealed Ripple nearly shut down after the SEC sued the company in 2020, saying fighting the government was a difficult decision.
Instead, Ripple stayed the course, eventually settling the case and expanding globally with new licenses and institutional partnerships.
π Know more: https://coingape.com/ripple-almost-shut-down-after-sec-lawsuit-brad-garlinghouse-says/
Brad Garlinghouse revealed Ripple nearly shut down after the SEC sued the company in 2020, saying fighting the government was a difficult decision.
Instead, Ripple stayed the course, eventually settling the case and expanding globally with new licenses and institutional partnerships.
π Know more: https://coingape.com/ripple-almost-shut-down-after-sec-lawsuit-brad-garlinghouse-says/
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π¨ JUST IN: Michael Saylor hints at another Bitcoin purchase, posting:
βOrange dots tell only part of the story.β πππ
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βOrange dots tell only part of the story.β πππ
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π¨ US-Iran War Escalates
Iranβs IRGC launched strikes on US bases across the Middle East in retaliation for US attacks, sending fresh shockwaves through global markets.
Read More:https://coingape.com/us-iran-war-oil-jumps-irgc-launches-strikes-across-middle-east-gold-bitcoin-fall/
Iranβs IRGC launched strikes on US bases across the Middle East in retaliation for US attacks, sending fresh shockwaves through global markets.
Read More:https://coingape.com/us-iran-war-oil-jumps-irgc-launches-strikes-across-middle-east-gold-bitcoin-fall/
π¨π°π· South Koreaβs #KOSPI plunged 8%, triggering a market-wide circuit breaker as the sharp sell-off rattled investors.
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News β¦ X (Twitter) β¦ YouTube
π¨ Michael Saylor Hints at Another Bitcoin Move
#MichaelSaylor has sparked fresh speculation after sharing Strategyβs #Bitcoin portfolio tracker, hinting that the company may have bought or sold BTC last week.
Read More:https://coingape.com/bitcoin-buy-or-sell-michael-saylor-hints-at-another-strategy-move/
#MichaelSaylor has sparked fresh speculation after sharing Strategyβs #Bitcoin portfolio tracker, hinting that the company may have bought or sold BTC last week.
Read More:https://coingape.com/bitcoin-buy-or-sell-michael-saylor-hints-at-another-strategy-move/
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TOM LEE: Keep an eye on the $ETH/$BTC ratio β it could signal a revival in the crypto market.
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News β¦ X (Twitter) β¦ YouTube
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π¨ #XRP Whale Activity Drops Sharply Amid $7.18M ETF Outflows
Transactions worth over $1 million on the #XRPL reportedly crashed from 70 to just 2 in a week, while spot #XRP ETFs recorded $7.18 million in outflows.
Read More:https://coingape.com/xrp-news-xrp-ledger-records-massive-drop-in-whale-activity-amid-etf-outflows/
Transactions worth over $1 million on the #XRPL reportedly crashed from 70 to just 2 in a week, while spot #XRP ETFs recorded $7.18 million in outflows.
Read More:https://coingape.com/xrp-news-xrp-ledger-records-massive-drop-in-whale-activity-amid-etf-outflows/
BREAKING: SBI Group launches JPYSC lending service this month, offering 3% annual yield on Japan's yen-pegged stablecoin.
News β¦ X (Twitter) β¦ YouTube
News β¦ X (Twitter) β¦ YouTube
πΊπΈ LATEST: Vlad Tenev says Robinhood is helping, give American children an early financial head start through Trump Accounts.
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News β¦ X (Twitter) β¦ YouTube
π¨ XRP Price Prediction Ahead of July 17 CLARITY Act Hearing
#XRP is holding near key support as traders turn their attention to the July 17 #CLARITYAct hearing, which could bring renewed focus to U.S. crypto regulation.
Read More:https://coingape.com/markets/xrp-price-prediction-ahead-of-july-17-clarity-act-hearing/
#XRP is holding near key support as traders turn their attention to the July 17 #CLARITYAct hearing, which could bring renewed focus to U.S. crypto regulation.
Read More:https://coingape.com/markets/xrp-price-prediction-ahead-of-july-17-clarity-act-hearing/
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π°π· JUST IN: SKhynix shares plunged 15.4% in South Korea, recording their biggest one-day decline ever, despite a strong Nasdaq debut just days ago.
π Know more:https://coingape.com/news/stocks/sk-hynix-crashes-15-4-in-record-drop-kospi-hits-circuit-breaker-on-us-iran-tensions/
π Know more:https://coingape.com/news/stocks/sk-hynix-crashes-15-4-in-record-drop-kospi-hits-circuit-breaker-on-us-iran-tensions/
π₯ UPDATE: RWA open interest on Hyperliquid hit a record $3.6 billion, while total open interest surged to a 2026 high of $11 billion.
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News β¦ X (Twitter) β¦ YouTube
π¨ Bitcoin Slips Below $63K
Bitcoin fell below $63,000 as renewed U.S.-Iran tensions triggered a broader risk-off move across markets.
Despite $90.4M in spot ETF inflows led by BlackRock, traders are watching $61K support, while a reclaim of $64K could restore bullish momentum.
π Know more: https://coingape.com/markets/bitcoin-price-outlook-as-us-iran-conflict-pushes-btc-below-63-1k/
Bitcoin fell below $63,000 as renewed U.S.-Iran tensions triggered a broader risk-off move across markets.
Despite $90.4M in spot ETF inflows led by BlackRock, traders are watching $61K support, while a reclaim of $64K could restore bullish momentum.
π Know more: https://coingape.com/markets/bitcoin-price-outlook-as-us-iran-conflict-pushes-btc-below-63-1k/