- Bitcoin is buying and selling round $65,771, because the cryptocurrency’s market cap is near latest ranges.
- The Senate’s 616-page Transparency Act prohibits officers from issuing digital cash.
- South Korea’s cryptocurrency buying and selling quantity decreased by 89% as capital turned to KOSPI’s appreciation.
Bitcoin was buying and selling round $65,771, down 0.82% over the previous 24 hours, however nonetheless up 1.88% for the week, whereas Ethereum held round $1,926, roughly flat on each counts. XRP traded round $1.13, Solana at $77.60 and Hyperliquid’s HYPE token down 3.25% to $58.83.
Cryptocurrency market capitalization was primarily unchanged, with the Concern & Greed Index at 39 and briefly impartial earlier than returning to “concern” territory, whereas the Altcoin Season Index dropped to 51.
Trending phrase search
Zama led the trending searches with a each day improve of 27.9%, adopted by o1.alternate with a 20.7% improve and Lorenzo Protocol with a 41.4% improve. The sharp rise in all three trending shares signifies a concentrated speculative rotation into smaller-cap tokens at the same time as the key shares commerce in a slender vary.
Senate releases textual content of Clarification Act
Senate Republicans launched a 616-page transparency legislation that might permit public officers and their spouses to make private investments, however add ethics provisions that prohibit them from issuing or sponsoring digital property, and require disclosure of digital foreign money gross sales over $1,000.
The supply features a sundown clause that expires on January 20, 2029, and designates the Justice Division as the only enforcement company, which Democrats proceed to contest. Sen. Cynthia Lummis stated the textual content was nonetheless underneath dialogue over the weekend and was not closing, whereas Elizabeth Warren argued that the textual content barely touched on President Trump’s cryptocurrency holdings.
Senate Majority Chief John Thune stated he plans to convey the invoice to a vote subsequent week even with out Democratic settlement.
Two exploits hit DeFi protocols
The B² community on the BNB chain was attacked and roughly $3.86 million in tokens have been stolen, exchanged to WBNB, and routed to Zcash by way of the NEAR intent. Hours later, Arbitrum ecosystem protocol AFX suffered a cross-chain bridge exploit that resulted in roughly $24.15 million in USDC being stolen. Arbitrum co-founder Steven Goldfeder confirmed that the native bridge itself was not affected and that the breach was restricted to third-party protocols.
Korean capital turns into shares
Whereas the KOSPI index rose 114%, buying and selling volumes at South Korea’s prime 5 cryptocurrency exchanges fell 89% year-on-year, drawing retail buyers to the booming inventory market. This shift highlights how strongly home capital has favored shares, significantly AI-related chip makers, over cryptocurrencies in latest months.
Organizational actions proceed
BNY Mellon stated it plans to assist 24/7 US Treasury funds by 2027 and launch a tokenization pilot on a personal blockchain by the top of the 12 months. Revolut’s valuation rose to $115 billion on worker inventory gross sales, making it Europe’s most beneficial non-public firm, whereas Alphabet reported second-quarter income of $119.8 billion, with Google Cloud income surging 82% on the again of main AI infrastructure investments.
Tesla stored its Bitcoin holdings unchanged for the fourth consecutive 12 months at 11,509 BTC, and recorded a $112 million impairment loss as a result of value decline within the quarter.
Safety and authorized developments
CertiK reported that 52 violent “wrench assaults” towards crypto holders have been confirmed within the first half of 2026, a rise of 33% year-on-year, with related losses totaling roughly $124 million. Individually, the SEC and Coinbase settled a years-long data dispute stemming from former chairman Gary Gensler’s tenure, with regulators agreeing to launch beforehand undisclosed paperwork.
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