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Clarity Act Ethics Negotiations Heat Up! Bitcoin Climbs Higher & XRP Breaksout!

Crypto News:

  • Republicans and Democrats negotiate on ethics for the Clarity Act. President Donald Trump is said to have made historic concessions in the deal to allow an ethics provision in the crypto Clarity Act that curtails the president’s own activities, and the White House is pushing Democrats to accept it.
  • U.S. Treasury Secretary Scott Bessent says the Clarity Act is at the “1-yard line”, Bloomberg reports
  • Russia passes law that “regulates the circulation of digital currencies and digital rights in Russia for the first time,” TASS reports
  • Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
  • Bitcoin crosses $66,000 and XRP breaks out of downtrend.
  • Canton network developer Digital Asset raises additional $10 million.
  • Pakistan steps up crypto enforcement with dedicated federal unit
  • Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
  • Galaxy sets up $5 million fund to help shield Bitcoin against quantum computing threats
  • UK Parliament begins inquiry into banking chokepoint for crypto businesses
  • Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
  • Canton developer Digital Asset raises additional $10 million at same $2 billion equity valuation

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Timestamps

00:40 Bitcoin and XRP analysis

01:42 Clarity Act Ethics news

05:41 Digital Chamber Illinois lawsuit

07:05 Pakistan Crypto enforcement

08:22 Movement labs bankruptcy

09:38 Galaxy Bitcoin Quantum

12:58 UK Crypto banking

14:24 Augustus Stablecoin AI Agents

16:26 Canton Network funding


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Tony E

Editor and Author at ThinkingCrypto.com

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