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Crypto
a16z says CLARITY Act could benefit innovation across U.S., not just crypto
Venture investor a16z Crypto said passage of the U.S. CLARITY Act could have positive ripple effects beyond the cryptocurrency industry, potentially supporting innovation across the country and influencing global markets. It pointed to the GENIUS Act, passed in July 2025, as an example of how reducing regulatory uncertainty can boost adoption and affect payments and financial infrastructure. Grayscale said prospects look strong but bipartisan support is needed to clear the Senate.
Crypto
Tom Lee says crypto bear market nearing end, sees Ethereum at $62,000 within years
Tom Lee, chairman of Bitmine, said the recent crypto downturn was a “mini crypto winter” and may be nearing an end. Speaking at Blockchain Week 2026 in Paris, he said stocks had likely bottomed after the fallout from a U.S.-Israel war related to Iran, and crypto could enter a recovery phase. He cited tokenisation and agentic AI initiatives as drivers for Ethereum, projecting $62,000 within years.
Crypto
Ethereum Foundation seeks to convert 5,000 ether into stablecoins to fund operations and grants
The Ethereum Foundation plans to convert about 5,000 ether into stablecoins to secure funds for operating costs and grant programmes. It will sell ether gradually using CoWSwap\'s time-weighted average price function to reduce market impact, targeting about $11 million. The move follows earlier TWAP sales and reflects a broader shift toward DeFi operations and staking alongside sales and over-the-counter deals. The foundation continues to hold substantial ether and stablecoin assets.
