The CLARITY Act’s odds of Senate passage have fallen to 48% after ethics and law-enforcement talks collapsed, with only 31 session days left before the August recess.
Tag: Bitcoin
Posted inMarkets
S&P 500 posts its best quarter since 2020 on the same day Bitcoin hits a yearly low
The S&P 500 gained 14.8% in Q2 2026, its strongest quarter since Q2 2020, as the Philadelphia Semiconductor Index soared 87.8% — while Bitcoin fell to $58,631, its lowest point of 2026.
Posted inMarkets
Ethereum surges 10% on June 16 as Iran deal calm and G7 optimism lift crypto
Ethereum jumped 10% to $1,841 on June 16 as Iran deal calm and G7 optimism sparked a broad risk-on session in crypto and equities, with the Nasdaq rising 3%.
Posted inMarkets
Japan’s lower house cuts crypto gains tax from 55% to a flat 20%
Japan’s National Diet approved legislation on June 11 reclassifying digital assets as financial instruments under the FIEA, slashing the top crypto tax rate from 55% to a flat 20% effective 2028.
Posted inMarkets
Bitcoin ETFs shed record $2.4 billion in May as geopolitical risk-off bites
BlackRock’s iShares Bitcoin Trust lost $2.04 billion across a nine-day late-May streak as US airstrikes near the Strait of Hormuz and an equity rotation into AI names drained crypto allocations.
Posted inMarkets
Bitcoin drops below $77,000, triggering $657 million in leveraged liquidations
Bitcoin fell below $77,000 on May 19, forcing $657 million in liquidations as hot inflation data and Iran tensions converged against an overleveraged market.
Posted inMarkets
Bitcoin ETFs pass $100 billion in assets as BTC breaks $80,000
US spot Bitcoin ETFs have now exceeded $100 billion in total net assets, with BlackRock’s IBIT alone holding roughly 809,000 BTC — about 7 percent of total circulating supply — as four consecutive days of institutional inflows lifted the token above $80,000 in early May.