Crypto adviser Patrick Witt is leading talks with Democrats to get the CLARITY Act moving again.
The main sticking point is an ethics rule Democrats want added, which could restrict crypto profits tied to elected officials, including Trump’s family.
Reuters estimates the Trump family has made about $2.3 BILLION from crypto ventures since mid-2024.
⚠️⚠️ JUST IN: 🇮🇷🇺🇸 Iran's Supreme Leader will speak shortly about the end of the war and the Memorandum of Understanding with the United States, according to state TV.
⚠️⚠️ À L'INSTANT : 🇮🇷🇺🇸 Le Leader Suprême de l'Iran s'exprimera bientôt sur la fin de la guerre et le Protocole d'Accord avec les États-Unis, selon la télévision d'État.
Wintermute Says Bitcoin Could Still Fall Into the $50,000 Range
Wintermute, a leading crypto market maker and OTC desk, warned that BTC’s rebound from the low-$60,000s does not confirm a structural bottom, with ETF, stablecoin and DAT flows still showing no clear reversal. Wintermute said Bitcoin could remain choppy in thin summer liquidity and may still fall into the $50,000 range, adding that the key signal is whether ETF and stablecoin inflows return sustainably.
Investor expectations for a Fed rate hike are rising. Bank of America’s June fund manager survey shows 40% expect at least one hike in the next 12 months, up from 16% in May. Rate-cut hopes fell sharply, with only 28% expecting cuts versus 50% last month. Prediction markets also show growing odds of a Fed hike before 2027.
“At the $60k–$61k bottom, the Exchange Whale Ratio surged to 61.6%, proving that whales completely dominated buy-side activity and absorbed the panic.”.
⚠️⚠️ À L'INSTANT : 💧 Au cours des 30 dernières minutes, plus de $212.37M en trades crypto ont été liquidés, dont $192.75M en longs, avec le plus gros ordre unique étant un long de $25.38M en $ETH (24h).
#BTC has fallen to $66K, with profitability collapsing, realized losses surging, and spot sellers regaining control. We are below the ETF cost basis, and options continue pricing elevated risk. #etf
BAISSIER : 🟠 Fidelity affirme que le Bitcoin a offert le meilleur rendement ajusté au risque de tout actif au cours des 10 dernières années.
C'est le calme avant la tempête. Ça se produit à chaque cycle. BAISSIER : 🟠 Fidelity affirme que le Bitcoin a offert le meilleur rendement ajusté au risque de tout actif au cours des 10 dernières années.
C'est le calme avant la tempête. Ça se produit à chaque cycle.