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SkyBridge Capital CEO Anthony Scaramucci wondered Thursday whether Bitcoin’s (CRYPTO: BTC) price has already factored in the potential passage of the cryptocurrency market structure bill.
What Does The Crowd Think?
Scaramucci posted on X, asking if the legislation, often referred to as the CLARITY Act, has been “baked into” Bitcoin’s price.
Different viewpoints emerged in the replies. An X user Pledditor said that Coinbase’s withdrawal led to premature BTC selling, but if the bill passes against this pessimistic setup, it could turn out to be a “buy the news” event.
PCX Capital, another X user, doesn’t think the legislation has been priced in.
“Institutions need structure…
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Leading cryptocurrencies moved sideways on Thursday, while commodities gained as President Donald Trump weighed a military attack on Iran.
Crypto Market Languishes
Bitcoin extended its sideways movement as trading volumes stayed subdued. Ethereum meandered in the high $1,900s region, awaiting a decisive breakout above $2,000.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN), closed up 3.39% and 1.15%, respectively.
Over $160 million was liquidated from the market in the last 24 hours, according to Coinglass, with $105 million worth of bullish long bets erased.
A further $500 million in Bitcoin longs on Binance risked…
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Federal Reserve Bank of Minneapolis President Neel Kashkari delivered another pointed criticism of crypto while defending the Federal Reserve’s independence during remarks in Fargo, North Dakota, today.
Speaking at the 2026 Midwest Economic Outlook Summit, Kashkari questioned the practical value of digital assets, stating that “crypto has been around for more than a decade and it’s utterly useless,” according to Bloomberg.
He contrasted crypto with artificial intelligence tools, which he said have demonstrated clear, everyday utility for consumers and businesses.
Kashkari also dismissed the promise of stablecoins, arguing they offer little improvement over existing…
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U.S. Senator Elizabeth Warren, a Democrat from Massachusetts, called on the Treasury Department and the Federal Reserve to confirm that they will not use taxpayer funds to support cryptocurrency investors or firms.
In a letter sent Wednesday to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell, Warren warned that any government intervention could transfer wealth from taxpayers to wealthy crypto investors.
“Your agencies must refrain from propping up Bitcoin and transferring wealth from taxpayers to crypto billionaires through direct purchases, guarantees, or liquidity facilities,” Warren wrote.
She argued that a bailout would disproportionately…
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Bitcoin’s Lightning Network, the layer-two protocol designed to facilitate faster and cheaper transactions, has surpassed $1 billion in monthly transaction volume, according to new data from River.
In November 2025, the network processed an estimated $1.17 billion across 5.22 million transactions, marking a milestone in adoption despite Bitcoin’s stagnant price performance throughout the year.
River’s research aggregates anonymized data from major Lightning node operators to provide a network-wide estimate. Their methodology accounts for overlapping channels and extrapolates to untracked nodes, giving a more accurate picture of the Lightning ecosystem.
“This…
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Bitcoin remains subdued as ETF outflows persist and fear sentiment weighs on momentum.
Notable Statistics:
Coinglass data shows 95,957 traders were liquidated in the past 24 hours for $202.18 million.
SoSoValue data shows net outflows of $133.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $41.8 million.
In the past 24 hours, top gainers include Injective, Kite and UNUS SED LEO.
Notable Developments:
Trader Notes: Network economist Timothy Peterson noted Bitcoin is on the verge of posting five consecutive negative monthly closes, a pattern seen only three times before. Once during the 2011 bear market and twice during the 2018 bear…
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Ripple (CRYPTO: XRP) CEO Brad Garlinghouse raised his Clarity Act odds to 90% by end of April following a White House meeting Thursday between crypto and banking leaders.
The White House Meeting
Ripple Chief Legal Officer Stuart Alderoty, Coinbase (NASDAQ:COIN) Chief Legal Officer Paul Grewal, a16z’s Miles Jennings, and banking representatives met at the White House Thursday morning to negotiate the stablecoin yield dispute.
“I think it’s now 90% it will pass by the end of April,” Garlinghouse said. “I had said a couple weeks ago, I thought end of April at the time, people thought that was a little optimistic.
There’s a meeting today with a lot of leaders on both sides, the…
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Macro strategist Raoul Pal says the Bitcoin (CRYPTO: BTC) pullback reflects rational capital rotation, not abandonment.
Why Retail Rotated Out Of Crypto
Speaking with Milk Road host LG Doucet, Pal argued that retail investors haven’t turned against crypto permanently. Instead, they’ve temporarily moved capital elsewhere.
Pal described much of crypto retail as the “Robinhood crowd,” younger, risk-tolerant investors comfortable with volatility and speculation.
Most of the retail participants are highly opportunistic and they rotate toward whatever is outperforming. The recent crypto drawdown pushed some toward gold and silver, according to Pal.
He noted that since 2020, Bitcoin has…
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Hedge funds just revealed their Q4 portfolios. The world’s largest investors are making the same bet.
We’ll get into all of it.
THE RUNDOWN
FED › Minutes from the January meeting showed a more divided central bank than expected. Several officials floated possible rate hikes if inflation stays sticky. Markets still price 93% odds of a hold in March, and two to three cuts remain the base case for 2026. But the tone was noticeably hawkish.
THE PLAY: How the Biggest Investors Are Positioning to Win in 2026
The 13F filings this week told a pretty clear story, even if the individual moves seem contradictory. The biggest investors in the world are getting out of the trades that worked last…
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