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Author: James Wilson
Senator Thom Tillis has proposed new CLARITY Act language that would allow federal banking regulators to intervene if stablecoin yields trigger systemwide deposit flight from US banks. Summary Thom Tillis proposes a CLARITY Act “circuit-breaker” to address stablecoin-related deposit flight. Banking groups continue pressing for stricter stablecoin rules despite an earlier compromise. Cynthia Lummis says the Senate expects to release the CLARITY Act text within days. According to a report from Punchbowl, the North Carolina Republican has suggested adding a “circuit-breaker” provision to the Senate’s crypto market structure bill after concerns from banking groups continued to dominate negotiations over stablecoin…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As interest in AI-driven investing grows, platforms like MoneySimpler are attracting retirees seeking automated digital asset management and trading tools. Summary MoneySimpler gains attention as US retirees explore AI-powered crypto trading for automated digital asset management. MoneySimpler highlights AI-driven crypto trading tools as more investors seek automated income solutions. AI trading platform MoneySimpler attracts interest from retirees seeking simplified digital asset investment options. In the United States, many retirees are starting to look into digital asset investments, hoping to…
Circle Internet Group shares have dropped more than 2% in pre-market trading after US banking groups urged the Senate to tighten stablecoin provisions in the CLARITY Act, adding fresh pressure to the stock. Summary US banking groups urged the Senate to tighten the CLARITY Act, citing stablecoin yield loopholes. Circle shares fell in pre-market trading as regulatory uncertainty added pressure to the stock. Baird cut its CRCL price target to $100 despite maintaining a positive long-term outlook. According to a joint letter from several US banking organizations, the groups have asked Senate majority and minority leaders to revise Section 404…
On July 13, one of Japan’s largest financial conglomerates rewired its blockchain strategy in a single press release. SBI Holdings announced that the Solana Foundation will take an equity stake in SBI R3 Japan, the joint venture it shares with Sumitomo Mitsui Financial Group, and that the entity will be renamed SBI Solana Global. Summary SBI Holdings and the Solana Foundation formed SBI Solana Global to support yen stablecoins, tokenized assets, and institutional blockchain services in Japan. The venture gives Solana one of its strongest institutional partnerships in Asia, though key commercial details and launch timelines remain undisclosed. The announcement…
Bitcoin price has stabilized near $62,500 after a weekend plunge below $62,000, while renewed U.S.-Iran hostilities and an oil surge have kept analysts cautious before U.S. inflation data. Summary Bitcoin price held around $62,500 as traders weighed Trump’s Strait of Hormuz blockade ahead of the U.S. CPI report. Technical indicators show resistance near $63,100-$64,700, while analysts warn a break below $62,000 could trigger deeper losses. Rising oil prices, ETF outflows, and liquidation clusters have left Bitcoin vulnerable to sharp post-CPI volatility. According to data from crypto.news, Bitcoin (BTC) price traded at about $62,504 on July 14 after moving between an…
The most important legal test in crypto was written in 1946 to settle a dispute about orange groves. That single sentence explains most of the past decade of American crypto regulation: the confusion, the lawsuits, the exodus of projects to friendlier jurisdictions, and the legislative fight now playing out in the United States Senate. Every argument about whether a token is a security eventually arrives at the same four questions, and those questions come from a Supreme Court case decided before the transistor was invented. The Howey test is the legal standard American courts and regulators use to decide whether…
Upbit will add Derive’s DRV token to its Korean won, Bitcoin and Tether markets on July 14. Summary Upbit adds DRV trading against KRW, BTC and USDT, expanding Derive’s access across South Korea. Derive migrated LYRA holders into DRV and now operates an onchain options and perpetuals exchange. DRV’s total supply now stands at 1.5 billion after a previously proposed strategic token mint. Trading is scheduled to open at 17:00 Korea Standard Time, giving the onchain derivatives protocol access to South Korean traders. The details appear in Upbit’s official DRV listing notice. The exchange said deposits and withdrawals will use…
Robinhood Chain has renewed debate over how much value Ethereum captures from Layer 2 networks. Summary Robinhood Chain generated $843,000 in fees while paying Ethereum about $1,600 for settlement and availability. Critics say the revenue gap weakens Ethereum’s value capture despite rising activity across Layer 2s. Supporters argue Robinhood’s tokenized stocks could bring millions of new users into Ethereum-based financial markets. Ethereum Daily said users paid about $843,000 in fees, while the chain sent roughly $1,600 to Ethereum for data availability and settlement. Lorenzo Valente, a crypto analyst and contributor at ARK Invest, used an earlier snapshot showing about $816,000…
Coinbase CEO Brian Armstrong said Base’s content coin strategy failed and confirmed that the network changed direction earlier in 2026. Summary Brian Armstrong admitted Base’s content coin strategy failed and said the network changed direction earlier. Base now prioritizes trading, payments and AI agents, with most resources assigned to trading infrastructure. Community criticism focused on Zora promotion, user losses and weak long-term loyalty from token experiments. His comments followed criticism from community members who questioned Base’s support for Zora-based tokens and creator-focused experiments. Armstrong responded on X to a post that argued the projects failed to create lasting user loyalty…
Gondor has introduced a portfolio-backed margin account that allows Polymarket traders to borrow against their entire prediction market holdings instead of individual positions. Summary Gondor launches V1 with portfolio-backed borrowing for Polymarket traders. Cross-margin replaces isolated lending after a seven-month beta program. Private access begins next week, with a public launch planned for September. According to Gondor’s announcement on Monday, the new product, called V1, uses a cross-margin system that evaluates a trader’s complete Polymarket portfolio as collateral before extending credit. Private access is scheduled to begin next week, while a public launch is planned for September. Gondor also said…