Standard Chartered sees Arbitrum potentially outperforming $BTC and $ETH by 2030.
The bank says Robinhood Chain could boost Arbitrum’s revenue, with $ARB potentially reaching $10 by 2030.
The thesis depends on rapid tokenization growth, but competition and slower adoption remain key risks.
#ARB #Arbitrum #Crypto #RWA #DeFi
https://cointelegraph.com/news/standard-chartered-arbitrum-arb-price-10-2030
US Senate fails to advance the CLARITY Act.
The procedural vote fell short at 49–50, missing the 60 votes needed to move the bill forward.
The setback leaves US crypto regulation uncertain, while Bitcoin briefly dropped below $75,000.
#Crypto #Bitcoin #CLARITYAct #Regulation
https://cointelegraph.com/news/us-senate-fails-to-advance-clarity-act
After the CLARITY Act setback, crypto firms are turning to the SEC and CFTC for regulatory clarity.
The bill may still face another Senate vote after Senator Tillis moved to reconsider, but industry leaders remain divided.
Polymarket odds of passage in 2026 reportedly fell to just 5%.
#Crypto #CLARITYAct #Regulation #Bitcoin
https://cointelegraph.com/news/crypto-industry-turns-to-us-regulators-after-clarity-setback
US spot Bitcoin ETFs recorded $450.4M in net outflows on Tuesday, their biggest daily loss since June.
Fidelity’s FBTC and BlackRock’s IBIT led withdrawals as Bitcoin fell 2.5% to around $75,700, amid market pressure following the CLARITY Act setback.
#Bitcoin #BTC #BitcoinETF #Crypto
https://cointelegraph.com/news/bitcoin-etfs-shed-450m-in-biggest-outflow-since-june
Phemex CEO Federico Variola says AI has been a “net negative” for crypto so far.
He argues AI is diverting capital, empowering attackers and increasing cybersecurity costs, potentially pushing crypto toward centralization.
However, AI agents could still help users with portfolio management and trading decisions.
#Crypto #AI #DeFi #Cybersecurity
https://cointelegraph.com/news/ai-has-been-a-net-negative-for-crypto-phemex-ceo
Deutsche Bank is awaiting regulatory approval to launch institutional crypto custody in Europe.
The bank plans to initially support Bitcoin, Ether and selected stablecoins, including $USDC and $EURC, before expanding into tokenized assets.
Approval under the EU’s MiCA framework is expected in October.
#Crypto #Bitcoin #Ethereum #Stablecoins #MiCA
https://cointelegraph.com/news/deutsche-bank-regulatory-nod-institutional-crypto-custody
Circle has launched Arc’s mainnet, a Layer 1 blockchain using $USDC as its native gas token.
Arc supports 20+ fiat backed stablecoins, tokenized assets and connections to 20+ blockchains, targeting fast settlement, global payments and institutional finance.
#Circle #USDC #Arc #Stablecoins #Crypto
https://cointelegraph.com/news/circle-arc-mainnet-launch-usdc-native-gas
Coinbase may face the biggest fallout from the CLARITY Act setback, according to Saxo Bank.
The exchange is highly exposed to US market structure rules, including registration requirements and which assets can be traded.
Coinbase, Circle and Strategy shares all fell as regulatory uncertainty returned.
#Coinbase #Crypto #CLARITYAct #Bitcoin #Regulation
https://cointelegraph.com/news/coinbase-clarity-act-exposure-saxo
US House committee advances a major crypto tax overhaul in a 38–5 vote.
The bill covers stablecoins, staking, mining, lending and transaction fees, including a proposed tax exemption for qualifying crypto fees of $10 or less. It now heads to the full House.
#Crypto #Bitcoin #Stablecoins #Tax #Regulation
https://cointelegraph.com/news/house-tax-committee-advances-crypto-tax-overhaul-in-385-vote
Market Sentiment Turns Bearish: BTC Under $77K Pressure as Clarity Act Uncertainty, Rising Oil & Fed Hike Bets Raise Downside Risk, Crowd Turns Nervous Ahead of Senate Vote
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