Bitcoin Slides Ahead of Senate Clarity Act Vote and Fed Rate Decision
Bitcoin gave back its entire post-golden-cross advance as markets awaited an afternoon Senate vote on the Clarity Act and faced the prospect of a Federal Reserve rate hike.
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Bitcoin gave back its entire post-golden-cross advance as markets awaited an afternoon Senate vote on the Clarity Act and faced the prospect of a Federal Reserve rate hike.
CoinDesk’s weekly preview highlights upcoming interest-rate decisions from the Federal Reserve, Bank of England and Bank of Japan, putting central-bank policy at the center of the crypto market agenda for the week starting Sept. 14.
SEBI’s Demat 2.0 pilot is tokenizing India’s $620 billion corporate bond market and using the RBI’s wholesale digital rupee for settlement. Secondary trading and retail participation are planned for later phases.
Bitcoin Magazine reports that Senate Republicans have circulated an updated Crypto Clarity Act draft days before a key vote. The report provides no details on the revisions, vote timing, or potential market impact.
Liquid Network has resumed block production after emergency software updates linked to a $320 million exploit. Transactions and peg operations remain suspended while recovery efforts continue, Cointelegraph reported.
Vitalik Buterin wants Ethereum to include EIP-8288 in the I-star upgrade after Hegota. Adoption would make RISC-V the network’s canonical instruction set and target lower costs for quantum-safe privacy.
Fields medalist Terence Tao says AI is advancing through difficult mathematical problems at a pace that may outstrip the creation of new challenges, citing competition between OpenAI and Anthropic.
Steak ‘n Shake says sales have risen by double digits since it began accepting Bitcoin via the Lightning Network last year, according to Bitcoin Magazine. The company did not disclose an exact growth percentage.
Prediction markets are favoring higher oil prices after Brent moved above $100. Myriad’s $120 outcome overtook its $55 side in early September, while Polymarket assigns WTI a 59% chance of reaching $100 this month.
Castle is making its Bitcoin savings product available to individuals, offering a 12% STRC yield through personal accounts and allowing customers to route any portion of payouts directly into bitcoin, Bitcoin Magazine reports.
Decrypt says “the trenches” had their biggest week since TRUMP, while questioning whether the surge signals a local top or more onchain upside. The item relates to JST, TRUMP and STAR.
PwC, Merck and Hashgraph say their system combines physical authentication, digital traceability and enterprise process design. Cocoa is the first application, with the firms indicating that wider supply-chain use may follow.
White-hat actors have returned $270 million in Bitcoin, or 85% of the funds withdrawn from Liquid’s federation wallet during a security incident. The recovery comes as Liquid prepares to restart its network.
Bitcoin started the week flat, while LINK reached an eight-month high after Bottomline selected Chainlink to connect more than 600 banks to blockchain settlement. Bottomline provides SWIFT services and processes $16 trillion annually.
A whitehat hacker is holding roughly $320 million in drained Bitcoin until developers show that SideSwap’s critical flaw is patched. The bridge-created L-BTC reportedly passed valid authorization while nodes were paused.