The Consumer Technology Association, which represents more than 1,200 technology companies, urged Senate leaders to advance the CLARITY Act as digital asset developers face uncertainty over federal oversight.

Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance sheet and stock price under intense pressure. Michael Saylor said the company raised over $60 billion, added 716,000 BTC, and now holds reserves exceeding debt by about $48 billion.

Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday, and the derivatives market around it tells a story of retreat and repositioning.

Prediction markets set a weekly trading record as volume reached $10.8 billion, according to A16z crypto. The surge coincided with major finance, sports, and geopolitical events, with activity topping the $10 billion mark for the first time.

Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy outcomes via prediction markets.

This week’s crypto stories cut across market structure, adoption, sentiment, and policy. STRC’s sharp drop stress-tested Saylor’s bitcoin credit machine, UNI rallied on fresh long-term optimism, and Latin America extended its lead in stablecoin use for payments. Ethereum also came under fire from critics, calling it a lost-decade asset, while Illinois approved a new crypto transfer tax that is already drawing industry backlash.

Cryptoquant CEO Ki Young Ju says the consensus among top bitcoin analysts has flipped bearish, leaving him among the few still expecting a rebound as BTC trades roughly $25,000 below where it began the year.

The Ethereum Foundation has lost at least eight senior figures in five months after co-executive director Hsiao-Wei Wang resigned this week, further deepening a leadership vacuum at the organization that stewards the second-largest blockchain.

Cryptoquant CEO Ki Young Ju says the bitcoin-to- altcoin rotation that once powered every alt season has “basically disappeared,” with BTC-pair altcoin volume collapsing to levels unseen since 2021.

The measure, announced by the Khatam al-Anbiya Central Headquarters, was taken in response to violations by the U.S. government of the memorandum of understanding signed to end the war. Nonetheless, reports indicate that no ground moves have been made to this end.

A New York Supreme Court dispute involving 39,069 bitcoin wallet addresses took another turn this week after attorney Ian R. Cohen opposed an effort to lift a court-ordered stay, and new onchain data showed billions of dollars worth of bitcoin moving from addresses named in the lawsuit.

Charles Schwab is moving into prediction markets, but only on its own terms.

Bitcoin trades at $63,629, up 1.64% over the past 24 hours, as the asset holds a recovery range carved out after a sharp selloff from roughly $81,600 down to a low near $59,100.

Strategy faces about $1.5 billion in annual preferred-stock dividends against roughly $477 million in software revenue, a cash-flow gap that Grayscale’s head of research, Zach Pandl, warns is a financing problem, not a bitcoin one.

As Bitcoin miners are increasingly monetizing their power allocations and cooling infrastructure for artificial intelligence, Gomining founder Kirill Solovev argues that pure-play infrastructure remains severely undervalued.