Author: John Smith
Pi Network price gained more than 10% this week as rising volume, the Protocol 26 upgrade, and a new RoboPay integration improved short-term demand. Summary Pi Network price gained more than 10% this week, with trading volume rising 75% to $11.5 million. The token is testing resistance between $0.0882 and $0.0900 on the 4-hour chart. PI reclaimed its 20-day SMA at $0.08513, while Chaikin Money Flow turned positive. Protocol 26 requires Mainnet node operators to upgrade by Aug. 11 to remain connected. Pi Network price tests $0.09 resistance According to data from crypto.news, Pi Network (PI) price traded near $0.0872…
The CLARITY Act missed a key procedural opening after Senate Majority Leader John Thune filed cloture on several other measures while bipartisan negotiations over the crypto bill continued. Summary Thune did not file cloture on the CLARITY Act, narrowing its pre-recess path. The Senate instead prioritized spending legislation, nominations and a college sports bill. Disputes over ethics provisions and stablecoin rewards reportedly remain unresolved. Kalshi traders put passage before July 1, 2027, at 41%. CLARITY Act left out of Senate cloture filings On Wednesday, Senate Majority Leader John Thune filed cloture on the motion to proceed to S. 4668, the…
Bitcoin has entered the national-security debate again as the Pentagon drafts a nuclear strategy centered on potential regional conflicts with China or Russia. Summary The Pentagon is reportedly considering shorter-range tactical nuclear weapons for regional conflicts. US military officials previously confirmed operational Bitcoin testing and classified crypto-related work. Washington’s Strategic Bitcoin Reserve holds forfeited BTC under a no-sale policy. Bitcoin traded near $64,500, with no clear price reaction to the Pentagon report. Pentagon drafts new nuclear strategy Defense Department policy chief Elbridge Colby is drafting a classified nuclear framework that could expand the role of shorter-range tactical weapons, NBC News…
Prediction markets are shifting expectations for the CLARITY Act into 2027 after Senate leaders declined to start the procedural process needed for a vote before the August recess. Summary Kalshi odds for the bill taking effect before July 2027 fell 8 points to 41%. Senate Majority Leader John Thune did not file a cloture motion on Tuesday. Contracts now assign a 65% chance that the bill becomes law before January 2028. Bitwise CIO Matt Hougan said crypto “will be fine” without immediate congressional action. CLARITY Act odds shift toward 2027 Kalshi traders have become more doubtful that Congress will complete…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A Brazilian federal appeals court has ordered a fresh review of the $527 million asset freeze tied to Gurhan Kiziloz, marking a key legal development. Summary Brazil’s appeals court has reopened the legal battle over Gurhan Kiziloz’s frozen $527 million, putting the case back before a lower court. A TRF1 ruling casts doubt on the legal basis for one of Brazil’s largest-ever asset freezes, potentially paving the way for funds to be released. After months of litigation, Gurhan Kiziloz…
Circle has announced that its Arc blockchain will launch on the public mainnet on Sept. 16, with BlackRock, DTCC, Mastercard, Visa, Standard Chartered, and other global financial institutions serving as founding validators. Summary Circle has scheduled the public mainnet launch of its Arc blockchain for Sept. 16 with BlackRock, DTCC, Visa and other financial institutions joining as founding validators. BlackRock plans to deploy its BUIDL tokenized money market fund on Arc while DTCC is preparing to integrate DTC tokenized assets with the network from the second half of 2027. Arc is operating on a private mainnet with more than 100…
The MiCA Crypto Alliance launched its MiCA CASP Tracker on Aug. 5, turning public authorisation data from the European Securities and Markets Authority into a searchable directory for crypto users, businesses and compliance teams. Summary MiCA Alliance launched a searchable tracker covering authorised crypto providers listed in ESMA’s official register. Users can filter firms by country, regulator, company name, authorisation date, and licensed services online. Ten regulated services include custody, trading platforms, exchanges, order execution, advice, portfolio management, and transfers. ESMA republishes its interim register weekly, with the latest available file dated July 31, 2026. Unauthorised providers must stop onboarding…
Senators have pushed to preserve state and tribal control over sports betting by seeking changes to the Clarity Act as Congress weighs federal crypto market legislation. Summary Tribal gaming leaders have urged Congress to clarify that sports prediction markets remain subject to state and tribal gaming laws. Senators discussed adding the proposed language to the Clarity Act or the Farm Bill during a Senate committee roundtable. The debate comes as the CFTC continues asserting authority over prediction markets while several states challenge that position in court. Prediction market platforms processed a record $50.59 billion in trading volume during July despite…
Three Missouri men have pleaded not guilty to a federal charge tied to an alleged plan to steal Bitcoin through a home invasion in Connecticut. Summary Three Missouri men face a federal conspiracy charge over an alleged Connecticut Bitcoin robbery plan. Prosecutors say the group surveilled the intended target and his parents for two consecutive days. The Hobbs Act robbery conspiracy charge carries a maximum federal prison sentence of twenty years. Louis and Davis remain detained, while Williams pleaded not guilty and remains free on bond. Two admitted coordinators face August sentencing dates as the Connecticut prosecution continues in federal…
SpaceX has expanded its partnership with NVIDIA to power Starmind, a proposed network of orbital data centers designed to process artificial intelligence workloads in space. Summary SpaceX will use NVIDIA’s Vera Rubin platform for its planned Starmind satellite network. The company has requested FCC approval for up to one million orbital data-center satellites. NVIDIA says its Space-1 module provides up to 25 times the AI compute of an H100 GPU. SPCX gained 9.8%, while NVIDIA shares rose 2.5% following the announcement. SpaceX adds NVIDIA chips to Starmind network SpaceX plans to equip its Starmind satellites with NVIDIA’s Rubin graphics processing…