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Trump promised to save crypto, but his personal business might kill its landmark CLARITY law
The CLARITY Act faces an ethics test as Senate Democrats seek limits on senior officials’ crypto profits, including President Trump’s.
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Happy Wednesday!
Trust is becoming the scarce asset across tech and crypto as legal loopholes, policy uncertainty, and platform failures all shift risk back onto users. That matters now because the next headline move may depend less on innovation than on who controls the rules, distribution, and leverage behind the scenes.
A surprise-capable Fed is leaving Bitcoin and XRP exposed to sharper repricing, with XRP’s $2.4 billion derivatives build raising the stakes for spot buyers. At the same time, Apple is facing fresh scrutiny after a fake Bitcoin wallet stole $1.8 million, while the CLARITY Act is running into ethics pressure tied to Trump’s crypto interests.
The global crypto market cap is $2.18 trillion, with a 24-hour volume of $58.33 billion. The price of Bitcoin is $63,785.17, and BTC market dominance is 58.7%. The price of Ethereum is $1,896.54, and ETH market dominance is 10.5%. The best-performing sector is Communication, which gained 10%. The Crypto Fear & Greed Index is currently Extreme Fear (29).
📰 Top News
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Trump promised to save crypto, but his personal business might kill its landmark CLARITY law
The CLARITY Act faces an ethics test as Senate Democrats seek limits on senior officials’ crypto profits, including President Trump’s.
AI firms are shredding physical books because copyright law is quietly rewarding them
To legally train AI, tech companies are buying millions of physical books—just to slice off their bindings and shred them.
XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP’s $2.4 billion derivatives market is heading for a test of $1 as Bitcoin weakness raises the risk of a leveraged unwind.
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Buy Borrow Die Guide Series: Capital preservation in practice: how major players use high-LTV crypto-backed loans
A practical guide to using high-LTV crypto-backed loans to unlock liquidity without selling, covering LTV, liquidation thresholds, risk monitoring, loan recovery, and cross-collateralized portfolio management. Brought to you by CoinRabbit.
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