Senate timing constraints have weakened the CLARITY Act’s outlook as lawmakers face a crowded agenda before the August recess. Galaxy Digital’s research lowered its 2026 passage estimate to a 50-50 chance, citing no floor date, no motion to proceed, and no unified committee text.

Elon Musk’s SpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO, placing the newly public aerospace giant in some of the market’s most closely watched benchmarks.

Caleb & Brown has implemented Ripple Payments to enable quicker U.S. dollar withdrawals for its brokerage clients, integrating Ripple’s network into fiat transfers to bridge crypto settlement speed with traditional banking systems.

A narrowing congressional calendar ahead of the midterm elections is putting pressure on Senate leaders to advance the CLARITY Act. Stand With Crypto, which represents more than one million members and supporters, warns that if Senate leaders don’t schedule a vote soon, bipartisan progress could be wasted.

Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been fully contained, and refunds are being initiated for affected users in full.

The U.S. Treasury, in collaboration with Chainalisys, took action against Huione, one of the largest enablers of crypto-money laundering operations for the Prince Group, a transnational criminal organization that targeted Americans with romantic fraud scams, also known as pig butchering operations.

Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness.

Bitcoin snapped a two-day, $4,500 slide on Friday, experiencing choppy trading between $58,500 and $60,500 before settling around $60,000.

Binance will halt crypto asset services in European Union markets from July 1 after notifying customers that it could not meet the bloc’s Markets in Crypto-Assets (MiCA) licensing requirements before the regulatory deadline.

Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520.

Crypto ETF flows deteriorated sharply on Thursday, June 25, as bitcoin ETFs posted a sixth straight day of outflows, with redemptions reaching $696 million. Ether funds also saw heavy exits, while HYPE and solana ETFs joined the selloff.

Republican lawmakers are feeling a renewed sense of urgency to pass the Digital Asset Market Clarity (CLARITY) Act before the U.S. Senate breaks for its August recess. The market-structure bill still needs at least seven Democratic votes to clear a 60-vote threshold.

XRP has collapsed more than 20% in June and 43% year-to-date, putting it on track for its second straight monthly loss.

Elon Musk’s social platform X has begun rolling out its X Money payments service to select Premium+ subscribers, offering up to $10 million in federal deposit insurance through a new cash sweep program.

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