Senate Banking advances CLARITY Act 15-9, XRP trades above $1.50
The move lifted XRP about 5% in 24 hours, but the bill still faces multiple steps before becoming law.
The move lifted XRP about 5% in 24 hours, but the bill still faces multiple steps before becoming law.
CoinGlass data shows 95% of the wipeout hit leveraged longs, with BTC and ETH leading the forced selling.
Claims close June 4, with unclaimed allocations rolling into the protocol’s insurance fund.
The CLARITY Act advanced in the Senate Banking Committee the same day SharpLink’s Joseph Chalom laid out his catalyst checklist.
The motion seeks to redirect Iran-linked frozen stablecoins to plaintiffs holding older terrorism judgments.
The firm estimates losses rose 51% year over year as attackers prioritized higher-value exchange and Web3 targets.
Moody’s assessed the fund AAA-mf, and JPMorgan will supply approved daily NAV inputs for onchain metrics.
The rollout names Schwab Premier Bank for custody and Paxos for execution as Bitcoin trades near $81K after a CPI dip.
Senate Banking faces 100+ amendments by a 5:00pm ET deadline, while Kelp plans a two-week rsETH reissuance.
The bank’s 13F also shows a near-exit from Galaxy Digital and a 125% jump in Strategy shares.
The vehicle is seeded with $100M from Sharplink’s staked ETH treasury and $25M of Galaxy capital for DeFi yield strategies.
Chairman Tom Lee also flagged a $2,100 May monthly close as a near-term sentiment threshold for Ether.
BTC dominance stayed above 60% while ETH faced fresh exchange inflow pressure, raising liquidation sensitivity for alts.
The cluster of exchange-bound transfers hit as ETH/BTC slid to 0.02887 and wallet-cohort data showed mixed holder behavior.
Tydro and Kelp DAO also shifted oracle and bridge infrastructure as LayerZero disputes the root-cause narrative.
Stolen funds were split across three Ethereum wallets as security firms described an allowed-signer abuse path.
NEAR is targeting a FIPS-204 testnet by end of Q2 as it builds post-quantum-safe signing.
Proceeds moved to DeFi United’s Recovery Guardian multisig, but 30,765 ETH remains tied up by a restraining notice ahead of a DAO vote close.
CryptoQuant and CoinGlass data frame $2,500 and $2,600–$2,700 as the next breakout gates toward $3,315–$3,500.
NEAR gained 16.0% and ICP rose 10.4% while BTC and ETH lagged despite posting gains.