Headlines

CLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock

Although it cleared a major Senate committee, the CLARITY Act’s final approval is still far from reality. Prediction-market traders have become less optimistic. Donald Trump’s 2024 presidential campaign had a strong focus on the cryptocurrency industry. While trying to lure donations and votes, he promised favorable regulatory frameworks that could help it flourish. The…

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DOG Mode opens a new front in Bitcoin’s governance fight

Bitcoin Ordinals advocate Leonidas has introduced DOG Mode, an alternative open-source Bitcoin client that changes how nodes relay certain valid transactions without altering Bitcoin’s consensus rules. Summary DOG Mode removes default relay limits while keeping Bitcoin’s existing consensus rules completely unchanged today. Leonidas says fee-paying users should access block space without Bitcoin Core deciding transaction…

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FTX sets $900M creditor payout as SBF clemency push loses support

FTX will begin its fifth creditor distribution on July 31, sending nearly $900 million to eligible claimants under its court-approved recovery plan. Summary FTX will distribute nearly $900 million to eligible creditors beginning July 31 through approved providers. The fifth payout round pushes total creditor distributions to about $10 billion since FTX collapsed. Bankman-Fried faces…

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Trump’s $1.4B Crypto Income Draws Scrutiny as Senate Weighs CLARITY Act

Key Takeaways Senator Elizabeth Warren requested updated disclosures covering President Trump’s cryptocurrency earnings through the first half of 2026. Trump’s 2025 filing reported roughly $1.4 billion from crypto ventures, representing most of his disclosed income. The Senate is considering the CLARITY Act while lawmakers seek updated financial data and stronger crypto ethics safeguards. Request for…

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