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🚨 CLARITY Act Faces Another Major Setback

The US Senate failed to pass the Crypto CLARITY Act before the summer recess.

This delay could keep crypto regulation uncertain and put some pressure on market sentiment.

The bill will now have to wait until the Senate returns.

🚨 Block Adds More Bitcoin

• Jack Dorsey’s Block added another 234 BTC, worth around $15.1M.

• The company’s Bitcoin treasury now stands at 9,117 BTC.

Ethereum Holds $1,900

• ETH is still hovering around the $1,900 level.

• ETF buying shows continued institutional demand.

• If ETH holds above $1,900, a move above $2,000 could be next.

🚨 $60.4M Bitcoin Short Opened

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Bitcoin first Target is completed ✅✅

🚨 Fed Rate Cut Odds Shift

• Polymarket users now see a 63% chance that the Fed will leave rates unchanged.

• Markets are increasingly pricing in no rate change at the next meeting.

$SOL Breaks Out

• SOL has broken out of the falling wedge.

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PIPEDOG is starting to break out of its range.

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🚨 XRP Hits 2 Year Weekly Low

• XRP closed the week at just $1.029, its lowest weekly close in nearly 2 years.

• Selling pressure remains intense as XRP struggles to reclaim key levels.

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🚨 Lummis Pushes Back on Bank Criticism

• 🇺🇸 Sen. Cynthia Lummis criticized banks opposing the CLARITY Act’s stablecoin rules.

• The bill bans interest like rewards and points on stablecoins.

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