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The U.S. DOJ is seeking to forfeit $61 million in cryptocurrency it says came from Iranian black-market oil sales and was laundered through Binance accounts, Bitcoin Magazine reported.
Bitcoin fell 2.9% to $76,426.03, while Ethereum dropped 3.8% to $2,423.76 and XRP slipped to $1.40. Coinpedia cited market unease ahead of a Senate vote on the CLARITY Act and more than $200 million in liquidations.
Bitcoin faces mixed ETF-flow signals, institutional selling and a reported $54 million whale short ahead of the Clarity Act vote. Traders are watching $75,000 and $83,000 as key levels for the next move.
Democrats are seeking further concessions on the Clarity Act before today’s 60-vote Senate test, while Republicans insist their latest text is final, Decrypt reports. The bill’s immediate outlook remains tied to negotiations.
UNI is holding above $6 after a strong recovery, with Coinpedia highlighting resistance around $7.50–$7.80. Higher lows along a rising trendline suggest buyers remain active, but the resistance zone could shape the next move.
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.
Coinpedia reports that BDACS has issued the Korean won-backed KRW1 stablecoin on Avalanche. A partnership with Rain will enable Visa-card use at more than 175 million merchants in over 200 countries, potentially supporting attention on AVAX.
Prediction markets lowered the Clarity Act’s near-term passage odds after Republicans rejected a Democratic counter-proposal. Negotiations remained deadlocked hours before a key Senate vote, CoinDesk reported.
Decrypt reports that the Clarity Act’s recent improvement in passage odds has fully reversed amid Democratic pushback. Crypto majors also retreated, leaving the bill’s prospects uncertain and markets focused on whether passage remains possible.
USDT was reportedly involved in a failed oil trade that cost a Polish energy giant $230 million in late 2023, according to the Financial Times. The transaction links stablecoin use with a major commodity-market deal.
Coinpedia forecasts ASTER at $0.3977–$1.40 in 2026 and suggests the token could approach $13.50 by 2030. ASTER is the utility and governance token for multi-chain Aster DEX.
Standard Chartered forecasts a 70-fold rise in Arbitrum’s ARB token to $10, citing tokenization and Robinhood Chain revenue. The bank expects Arbitrum to attract traditional finance, although ARB holders currently have no direct fee claim.
Strike CEO Jack Mallers says the debate over Fed rate hikes versus cuts misses the key risk, arguing that either path could lead to inflation as US debt-to-GDP exceeds 120%.
