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Crypto
Pressure builds for Clarity Act Senate vote, but prediction markets see August deadline unlikely
The cryptocurrency industry has stepped up public pressure on the U.S. Senate to move the Clarity Act to a floor vote. More than 200 companies and groups urged Senate leaders to act without delay, arguing that a lack of federal rules pushes activity overseas. Opponents have also mobilised, citing weaknesses in anti-money laundering provisions, ethics rules and stablecoin-related gaps. Prediction markets and some institutional forecasts have lowered estimates for passage before August.
Crypto
Trump earns 3.5 trillion won from crypto as investors post losses, analysis shows
U.S. President Donald Trump\'s family earned about $2.3 billion in pre-tax profit from crypto ventures over the past 18 months, while retail investors and shareholders in related listed firms recorded $2.25 billion in losses, an analysis showed. The biggest gains were tied to World Liberty Financial token sales and the TRUMP memecoin, while investors faced lockups and price drops. A Nasdaq-listed firm and a bitcoin miner were also cited.
Crypto
SpaceX, Anthropic and OpenAI IPO wave raises questions over bitcoin fund flows
OpenAI has filed confidential IPO paperwork with the U.S. SEC targeting a September listing, putting bitcoin on what the article calls Wall Street’s liquidity test. Markets are watching whether funding needs for mega IPOs such as SpaceX, OpenAI and Anthropic overlap with institutional money that has flowed into spot bitcoin ETFs. Recent price moves and ETF outflows have favored AI and semiconductor stocks, though the IPO wave may also signal revived risk appetite that could benefit bitcoin.
