U.S. crypto legislation remained the central market story, with the Clarity Act heading toward a Senate vote amid banking, state-regulator and industry pressure. Outside Washington, firms continued expanding into staking, tokenized assets, treasury accumulation and wallet protections.
Clarity Act faces pushback, but momentum remains
The Clarity Act drew competing pressure from banks, state attorneys general and crypto advocates ahead of a Senate vote. Banking trade groups want tighter stablecoin reward limits, while state AGs warned the bill could weaken their enforcement role in scams and market cases. At the same time, market participants and analysts said recent concessions have improved the bill’s odds, and prediction markets lifted the chance of progress. SEC Chair Paul Atkins also backed the bill while saying the agency will keep pursuing crypto rules on issuance, transfer agents and custody even if it fails.
Sources: Decrypt, CoinDesk, Cointelegraph, Decrypt, CoinDesk
Corporate crypto treasuries keep adding coins
Several listed companies reported more balance-sheet crypto activity. Strive said it added 469 bitcoin, bringing its treasury to 25,000 BTC, while Strategy said it repurchased $139 million of STRC and left its bitcoin holdings unchanged at 845,050 BTC. Bitmine disclosed another $68 million in ether purchases and said it now has more than 5 million ETH staked, with holdings nearing 6 million ETH.
Sources: Cointelegraph, Decrypt, Cointelegraph, Decrypt
Exchange and wallet products expand yield and security options
Kraken launched xStocks vaults that let users earn DeFi yield on tokenized versions of Nvidia shares and major U.S. ETFs. MetaMask also said it added new protections aimed at flagging suspicious transfers and stopping transactions that do not match previews.
Sources: Cointelegraph, Decrypt
Bitcoin and other market signals
Bitcoin moved higher during the session, with one report tying the rise toward $80,000 to softer oil prices after remarks from President Donald Trump on the Iran war. Another market note said bitcoin traders are bracing for volatility around the Clarity Act vote and the Federal Reserve’s rate decision.
Sources: Cointelegraph, Cointelegraph
Other notable developments
CoinDesk reported that an $800 million stake tied to Donald Trump’s World Liberty Financial token was moved into a vesting contract that blocks sales until 2028 after a token burn. Separately, Kaiko extended its Series B to $110 million with backing from S&P Global and BNP Paribas, and Bitcoin Suisse said it plans to move up to 60 jobs from Zug to Bratislava or Vietnam.