CLARITY Act Passes Senate Banking Committee, Bitcoin, XRP, Ethereum Surge 2%

The CLARITY Act cleared the Senate Banking Committee 15-9 Thursday, sending crypto stocks and tokens surging.

Democrats Split On Crypto Bill

The vote received bipartisan support, with Democratic Senators Ruben Gallego (D-AZ) and Angela Alsobrooks (D-MD) breaking ranks to vote in favor alongside all Republican committee members.

Angela Alsobrooks clarified that she would not support the bill on the Senate floor unless lawmakers address the remaining issues.

She emphasized her nine months of negotiations working toward regulating digital assets in a way that protects consumers and reduces deposit flight risk.

“In recognition of that good faith, I have voted yes to advance the bill today,”…

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Senate Banking Committee Advances Clarity Act In 15-9 Vote

The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote Thursday, with Sens. Ruben Gallego (D‑Ariz.) and Angela Alsobrooks (D‑Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate.

The Clarity Act is the Senate’s bid to build a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians. It now advances alongside a related bill from the Senate Agriculture Committee, with the two texts expected to merge before a floor vote.

Chair Tim…

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Mark Yusko Says Look Past Bitcoin ETF Outflows: ‘Bear Markets Are Over’

Bitcoin (CRYPTO: BTC) may have already bottomed for this cycle, according to Morgan Creek Capital founder Mark Yusko.

He argues global money printing, weakening fiat purchasing power and excessive leverage in traditional markets continue strengthening the long-term bullish case for crypto.

ETF Outflows Not Main Concern

Speaking in an interview with Scott Melker on May 14, Yusko warned that the real risk for markets now sits inside overleveraged AI and equity speculation rather than Bitcoin itself.

Yusko argued Wednesday’s $630 million Bitcoin ETF outflow day likely reflected institutional arbitrage positioning rather than genuine investor panic.

According to Yusko, many large ETF flows come…

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Elizabeth Warren Tried To Tie Coinbase To Jeffrey Epstein On The Senate Floor: Here’s What Happened – Coi

Warren’s Epstein Amendment Fails

Warren proposed an amendment calling for federal bank regulators to release bank supervisory information about Jeffrey Epstein’s activities.

“Jeffrey Epstein was an early backer of crypto,” Warren stated on the Senate floor. “He poured millions of dollars into Coinbase, one of the biggest benefactors of this bill, if it becomes law. Epstein recognized crypto’s potential as a tool to covertly facilitate illicit payments,” she added.

The Massachusetts senator argued the amendment would share sunlight on what bank supervisors knew and what banks might have known about Epstein’s activities.

Sen. Cynthia Lummis (R-Wyo.) quickly countered that…

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Senate Banking Committee Opens Historic Crypto Bill Markup As Warren, Republicans Clash Over CLARITY Act Amendments

The Senate Banking Committee opened a historic markup Thursday morning on H.R. 3633, the Digital Asset Market Clarity Act of 2025, moving the most sweeping attempt at federal cryptocurrency regulation in American history toward a committee vote. 

The session — defined by sharp partisan exchanges, procedural disputes, and targeted Republican courtship of crossover Democrats — unfolded against a hard deadline: if the bill does not clear the committee before the Memorial Day recess, the entire legislative calendar resets.​

Chairman Tim Scott (R-SC) opened by casting the bill as a correction to years of regulatory failure. 

“For years, the digital frontier was trapped…

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Bitcoin Breaks $80,000 Again: Are ETF Outflows Irrelevant Now?

Bitcoin (CRYPTO: BTC) ETFs posted $635.2 million in outflows Wednesday, but Thursday price action could nullify analysts’s warnings about a drop to $70,000.

Biggest Daily Outflow Since Late January

The fresh outflows mark the largest daily Bitcoin ETF withdrawal since January 29, when the funds posted about $818 million in losses. 

Weekly outflows now stand at $841.2 million, putting ETFs on track for their first week of net losses after six consecutive weeks of gains totaling around $3.4 billion.

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) led losses with roughly $285 million in outflows. 

Additionally, Morgan Stanley’s Bitcoin Trust ETF (NASDAQ:MSBT) posted no outflows Wednesday…

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Strive’s SATA Sets U.S. First With Daily 13% Bitcoin-Backed Dividend Preferred

Strive Asset Management is preparing to launch a new structure for income-focused investors, with its SATA preferred stock set to become the first U.S.-listed security to distribute cash dividends on every business day. The shift, scheduled for June 16, marks a departure from the monthly payout model that defines most dividend instruments and reflects a broader push to reshape yield products around digital asset strategies.

The company will maintain its stated annual dividend rate of 13%, yet the move to daily distributions raises the effective annual yield to about 13.88% through compounding across roughly 250 trading days. 

Chief executive officer Matthew Cole described the design…

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Grant Cardone Says Crypto Is A ‘Magnet For Degenerate Investing,’ Predicts Bitcoin Highs In 2026

Cardone’s Strategy – Real Estate + Bitcoin

Speaking at Consensus, Cardone outlined his strategy of combining distressed real estate acquisitions with Bitcoin purchases, describing the model to merge steady cash flow with Bitcoin upside.

His solution is to buy discounted real estate during the current commercial property downturn and pair it with Bitcoin accumulation.

According to Cardone, combining the two assets creates a “real estate-Bitcoin hybrid” designed to outperform traditional property investments alone.

Cardone On Michael Saylor And Strategy

“Just get the Bitcoin, dude. You don’t even want the real estate,” Cardone recalled Strategy Inc. (NASDAQ:MSTR) Executive Chairman…

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Ripple CEO, Industry Experts Agree: Watch These 3 Catalysts For Crypto Adoption – Bitwise XRP ETF (ARCA:X

Stablecoins, tokenized real-world assets and AI-powered payments are rapidly pushing crypto deeper into mainstream finance, according to industry experts.

Stablecoins Becoming Institutional Infrastructure

Teng said stablecoins are gaining traction because traditional financial systems remain slow, expensive and inefficient for global payments.

Panel moderator Rory Jennings cited Dune Analytics data showing stablecoin transfer volume reached $10.5 trillion in January alone.

Teng added that regulatory momentum surrounding the GENIUS Act is helping increase institutional confidence around stablecoin adoption.

RWAs And Tokenization Expand Beyond Crypto Trading

Liu described tokenized real-world…

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Ledger, Consensys Get Cold Feet As Crypto IPO Window Slams Shut

Ledger has put plans for a U.S. initial public offering on hold as crypto market conditions weigh on investor demand for new listings, according to people with knowledge of the matter, according to a report from CoinDesk. 

The Paris-based hardware wallet maker has not filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission, a step that signals formal IPO intent. The company is weighing alternatives, including a private capital raise, one source said.

Earlier this year, Ledger explored a public listing that could have valued the firm near $4 billion. Goldman Sachs, Jefferies, and Barclays were engaged to advise on the potential offering, which had been…

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