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Crypto

CLARITY Act passage odds fall from 75 percent to 60 percent on Senate schedule, stablecoin issues

The odds of the U.S. Congress passing the CLARITY Act in 2026 have fallen to 60 percent from 75 percent, reflecting a tighter Senate calendar and delays tied to ethics and illicit finance issues. Galaxy Digital lowered its forecast, citing limited time before the August recess and the need for 60 Senate votes. Disputes over stablecoin rewards and unfinished work to merge committee revisions also weigh on progress.

Crypto

20 bitcoins move for first time in 16 years, not likely Satoshi\'s

Twenty bitcoins were transferred on May 31 from an early Bitcoin wallet that had not moved since August 2010. Blockchain outlet BeInCrypto said Galaxy Research confirmed the move at block 951828, worth about $1.47 million at current prices. Galaxy Digital research head Alex Thorn said the coins moved but were not suspected to be Satoshi Nakamoto’s. The transfer had limited market impact, with bitcoin around $73,608, down 0.3 percent on the day.

Crypto

Bitcoin slumps after large sale of BlackRock spot bitcoin ETF shares spotted in dark pool

Bitcoin fell sharply shortly after a large dark-pool sale of BlackRock\'s spot bitcoin ETF shares, Cointelegraph reported. An unidentified trader sold 29.2 million shares of iShares Bitcoin Trust (IBIT) in a single block, a transaction worth about $1.3 billion. Bitcoin dropped from $77,875 to $76,720 in about 10 minutes and later slid to $75,600 over 24 hours. U.S. spot bitcoin ETFs extended a streak of net outflows to eight sessions.