🚨 SELIG: THE CLARITY ACT IS MOVING TOWARD THE FINISH LINE. 🇺🇸
CFTC Chair Michael Selig says the CLARITY Act is getting closer to the finish line — and the agency is prepared to implement it once it becomes law.
That matters because the bill would establish clearer boundaries between the SEC and CFTC, giving the U.S. crypto industry a more defined regulatory framework.
And the timing is important.
🇺🇸 The White House is pushing Congress to act. 🏛️ The Senate vote is scheduled for September 15. ⚖️ The CFTC says it is ready to move once the legislation is signed.
After years of regulatory uncertainty, crypto may finally be approaching a real rulebook in the U.S.
Bitcoin has dropped below $65K, extending its decline to roughly 22% over the past month.
While many investors are already looking for a recovery, some traders believe the correction phase may not be over yet.
Their roadmap for the coming months looks like this:
• Bounce toward $68K–$69K
• Short consolidation period
• Liquidity sweep below $60K
• Move toward the $54K region
• Relief rally near $58K
• Peak fear across the market
• Cycle low followed by a trend reversal
The reasoning comes from previous Bitcoin cycles.
Historically, major corrections have often lasted much longer than most investors expect.
According to this view, only around 238 days have passed since Bitcoin's all-time high, while past bear phases have frequently stretched closer to a full year.
Of course, no roadmap is guaranteed.
But one thing is clear:
The battle between long-term optimism and short-term market pressure is far from over.
The next few months could determine whether Bitcoin is building a bottom—or still searching for one.$BTC
📰 Today's News 🔥 Circle Launches Arc Mainnet Whitepaper, Allocates 60% of ARC Token Supply for Ecosystem Development
Circle has released the whitepaper for Arc, its institutional Layer 1 blockchain, planning to launch the mainnet this summer. The company has allocated 60% of the 10 billion ARC token supply towards ecosystem development. ⚡ U.S. Senate Banking Committee Schedules Hearing on Digital Asset Market Clarity Act for May 14
The U.S. Senate Banking Committee has set May 14 for a markup hearing on the Digital Asset Market Clarity Act, marking a critical step for the bill's progression. Polymarket traders now assign a 73% probability for the bill becoming law in 2026, significantly up from 46% at the beginning of May. 📉 Huma Finance Reports Exploit on Polygon v1 Contract, Resulting in $101,400 USDC Loss
Huma Finance announced that its old v1 contract on Polygon was exploited, leading to a loss of 101,400 USDC. The company reassured users that funds on the new v2 contract and other networks remain secure.
📈 Mainstream Asset Performance (24h) BTC: -0.0% — Bitcoin's price remained stable, trading around $81,420.48. BNB: +0.9% — BNB saw a modest increase, reaching $661.63. SOL: +2.4% — Solana experienced notable growth, trading at $96.68. ETH: -0.8% — Ethereum recorded a slight decline, with its price at $2,331.85.
🚀 Today's Top Gainers (Selected 2–3) OSMO: +100.4% — Significant increase in trading volume and continuous capital inflow. GTC: +28.3% — Substantial growth in trading volume and sustained capital inflow.
🎁 Platform Activities & Announcements 🔥 Binance to Launch MEGA and TON Spot Trading Pairs & Trading Bot Services
Binance will list MEGA/U, TON/U, and TON/USD1 spot trading pairs on May 12, 2026, at 16:00 (UTC+8), also enabling trading bot services for these pairs. ⚡ Billions Network Trading Competition: Trade Billions Network (BILL) and Share $200K Worth of Rewards
Binance Wallet is launching a trading competition for Billions Network (BILL)