CLARITY 法案 · 427

The US debt repurchase program unexpectedly boosted Bitcoin by 25%, and the scale of short liquidations reached $4 billion

Comparatively, after the US Treasury expanded the scale of long-term US bond repurchases, the yield on 30-year US bonds fell from a 19-year high of 5.34% to about 5.19%, while Bitcoin rose by about 25% within a few days, breaking through $79,000 at one point. Approximately $4 billion of short cryptocurrency positions were liquidated during this period, further amplifying the gains. The US Treasury Department previously announced that it would increase the scale of the longest term treasury bond repurchase operation from a single $2 billion to $4 billion. Analysts pointed out that this operation is not equivalent to the Federal Reserve's quantitative easing (QE). The main effect is to improve the liquidity of old securities and optimize the debt structure, but the market sees it as a signal of policy support for long-term US bond yields. Analysts believe that the key to Bitcoin's surge is not the buyback itself, but rather that the market's previous short positions were too concentrated. After the long-term decline in US bond yields, bears were forced to close their positions, creating a strong shorting market. Meanwhile, the net inflow of US spot Bitcoin ETFs was around $6.5 billion this week, and Trump once again urged Congress to move forward with the CLARITY Act to further strengthen market risk appetite. CoinEx chief analyst Jeff Ko said that the key right now is whether Bitcoin can hold the 200-day EMA of around $69,000 and turn it from resistance to support. Market participants also warned that if the 10-year US Treasury yield rises above 4.7% and the 30-year yield approaches 5.3%, Bitcoin's current breakthrough may face a new test. Bitcoin has now broken through the 200-day EMA and continues to rise. In the next phase, the market will focus on whether it can maintain its gains in a high-yield environment.

11h ago

Opinion: Changing key provisions of the Clarity Act would cause legislation to fail and should be passed as soon as possible

Comparing news, Summer Mersinger, CEO of the US Blockchain Association (Blockchain Association), wrote that there are less than four weeks left until the US Senate votes to advance the “Clarity Act” debate on September 15. Reopening the provisions that have been under negotiation for several months at this time will not improve the bill; on the contrary, it will restart the unfinished negotiation process, which may eventually lead to the failure of the legislation. Mersinger said that the two proposed revisions proposed by the American Bankers Association (ABA) — replacing the existing standard with substantially similar interest and removing the word “simply” were not simple text adjustments, but major policy changes. She pointed out that similar interest is essentially a flexible legal standard, which may allow regulators to expand the scope of interpretation; and removing Solely will change the scope of application of stablecoin income restrictions in the GENIUS Act and affect the policy boundaries previously set by Congress. Mersinger stated that ABA's concerns that stablecoins may cause bank deposits to be lost have no real basis. The data shows that since the GENIUS Act was passed, bank of America deposits have grown for three consecutive quarters, with a cumulative increase of more than 800 billion US dollars. She stressed that what is really needed to protect consumers is to establish a digital asset regulatory framework. The Clarity Act will clarify the regulatory boundaries between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), require registration of platforms serving US users, and implement customer asset isolation, information disclosure, and conflict of interest management rules. Mersinger finally called on the US Senate not to restart negotiations. The bill has been completed, the relevant work has been completed, and the Senate has an opportunity to push it forward on September 15, and it should be passed directly.

16h ago

Coinbase CEO: CLARITY Act Expected to Receive 60 Senate Votes on September 15

In comparison, Coinbase CEO Brian Armstrong said that the US “Clarity Act” (CLARITY Act) is expected to receive more than 60 votes in the US Senate on September 15, and is confident that it will pass the first key procedural vote after returning to Congress. Brian Armstrong previously said that the CLARITY Act is in the final stages of progress, and the Senate procedural vote requires 60 votes to push the bill forward. The bill aims to establish a US digital asset regulatory framework and clarify the division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in crypto asset regulation. Armstrong believes that regulatory clarification of the US crypto industry is approaching. Whether the CLARITY Act is finally passed or regulators advance through administrative rules, the market will usher in a more clear regulatory environment. Earlier, US President Trump also called on Congress to push for the passage of the CLARITY Act, believing that the bill is of great significance in establishing a digital asset regulation system and enhancing the competitiveness of the US crypto industry. reuters.com However, the bill still faces disputes from some lawmakers over issues such as conflicts of interest and stablecoin regulation, and whether it can be successfully implemented in the end still depends on subsequent negotiations in the Senate. (CoinDesk)

1d ago

Coinbase CEO: Clarity bill will prevent FTX incident from happening again

In comparison, Coinbase CEO Brian Armstrong said that the US cryptocurrency Clarity Act will help prevent similar FTX crashes from happening again. Armstrong emphasized that by passing a clear regulatory framework, the Act can improve market transparency and investor protection. The Clarity Act aims to provide a clearer regulatory definition for digital assets, differentiate between securities and commodity attributes, and strengthen exchange compliance requirements. The industry generally believes that such legislation is expected to reduce systemic risks and promote the development of the crypto industry's compliance in the US.

1d ago

Coinbase CEO: It's probably on the eve of the next bull market

Comparing news, Coinbase CEO Brian Armstrong said in an interview with CNBC that I think we are probably on the eve of the next bull market. He said: We are watching the “Clarity Act” vote on September 15. Furthermore, according to the pattern of Bitcoin's previous halving cycles, October, November, and December are generally good months for Bitcoin.

2d ago

US CFTC Chairman: Whether the Clarity Act is passed or not, the crypto industry will eventually usher in regulatory rules

Comparatively, according to Bloomberg, US Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said on Thursday that even if Congress fails to pass landmark relevant legislation, the crypto industry will eventually face market structure regulations. In an interview with Bloomberg TV before the CFTC's first Innovation Advisory Committee meeting, Selig said: Establishing a market structure is very important. We can do this by making regulatory rules, or by legislating. The CFTC is weighing a range of potential cryptocurrency rules, but is currently awaiting progress on the Clarity Act, which will give the CFTC major powers to oversee the digital asset industry. Currently at an impasse in the Senate, which plans to vote on the bill in mid-September, there are still major disputes that may make it difficult for the bill to get enough votes to pass before lawmakers move to the November midterm elections. Selig added that legislation is the surest way to lock down the structure of the cryptocurrency market, but the agency also has considerable power under existing regulations, and if it needs to use that power to set rules without the support of relevant legislation, the agency will do the same. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

2d agoburnking

Is “Cow Lai” really here? Bitcoin skyrocketed, and $2,743 billion bears were brutally liquidated

Source: PanNews Author: Nancy Original title: Is “Cow Coming” Really Here? Bitcoin changed overnight, and bears hit the main points of the biggest liquidation day in history: Bitcoin rebounded strongly on August 19, with an intraday increase of more than 7.4%, once approaching 70,000 US dollars, a new high since the beginning of June; Ethereum simultaneously broke through 2,300 US dollars. Over the past 24 hours, the entire network closed out more than 2,986 billion US dollars, of which short liquidations reached 2,743 billion US dollars, setting a new record for short liquidation in a single day. The recovery in the market was driven by multiple factors: the US Treasury expanded the scale of long-term treasury bond repurchases to improve liquidity; the SEC proposed new crypto asset issuance rules to exempt some registration requirements; and Trump met with crypto business executives and made supporting remarks, urging Congress to pass the Clarity Act. Furthermore, the net inflow of Bitcoin spot ETFs has exceeded US$480 million in the past two days, causing large-scale short liquidation effects. On-chain data shows that spot demand is about to improve, with a median increase of about 18.1% over the next 60 days. However, Glassnode pointed out that high real interest rates are still a suppressing factor, the market is still bottoming out, and the capitulation is not completely over. VanEck believes that 8 of the 12 capitulation indicators have been triggered, but this is not a sign of bottoming out. The potential cumulative window may be from September to November. Standard Chartered Bank expects Bitcoin to rise to 100,000 US dollars by the end of 2026. If it effectively breaks through $65,500, it may confirm the low in the cycle. CEO Strive believes that the long-term downward trend in the US dollar may bring the strongest macro tailwind to Bitcoin. Overall, there are positive signs in the market, but continued strengthening still requires verification of demand, liquidity, and macro environment, and investors should maintain reasonable positions. While the movie “Cow Lai” continues to be popular, the market's expectations for a “return to the bull market” are also constantly being ignited. Coincidentally, the crypto market also suddenly ushered in a long-lost “bull attack”. Bitcoin's strong counterattack overnight led to a collective recovery of the market. For the crypto market, which has been dormant for a long time, this surge not only means a breakthrough in price, but also a return to market volatility. After the market heated up rapidly, market sentiment was instantly ignited, and coin industry players even ridiculed that “native families are finally getting better.” Meanwhile, this sudden strong rebound also simultaneously triggered a single-day liquidation wave of bears on an astonishing scale. Bitcoin fought back strongly. On the evening of August 19, the bears experienced the biggest wave of liquidation in history. On the evening of August 19, Bitcoin broke out of a long-lost positive line and strongly broke through the consolidation range that continued for several months. According to CoinGecko data, Bitcoin suddenly experienced a strong rebound, with an intraday increase of more than 7.4%, once approaching 70,000 US dollars, a new high since the beginning of June. Ethereum strengthened at the same time. At one point, the price broke through 2,300 US dollars, reaching a new high of nearly three months. Mainstream assets rose collectively, rapidly driving the overall recovery of the crypto market. Over the past 24 hours, the total crypto market capitalization has risen by around 7.5%, recovering to around $2.46 trillion. However, this sudden surge also turned into a large-scale bear slaughter. According to CoinGlass data, the total amount of online liquidations in the past 24 hours has exceeded 2,986 billion US dollars, and more than 175,000 traders have been forced to close their positions. Among them, the biggest single liquidation occurred in the BTC-USD contract on the Hyperliquid platform, which amounted to about US$48.8 million. Judging from the historical scale, this wave of liquidations has surpassed the single-day liquidation record of about 2.23 billion US dollars during the “tariff shock” in February 2025, ranking the eighth largest liquidation event in crypto history. What is more noteworthy is that this liquidation almost showed a one-sided pattern of bears squeezing. According to CoinGlass data, in the past 24 hours, the amount of short liquidation reached US$2,743 million, far exceeding the liquidation scale of about US$243 million for longs. This figure even surpassed the scale of short liquidations of about 2.46 billion US dollars on the largest settlement date in history on October 10, 2025, setting a new record for the scale of short liquidations in a single day in the crypto market. The crypto market welcomed multiple benefits. Trump's bullish remarks ignited optimism behind the collective reversal of the crypto market's decline, mainly driven by multiple factors such as improved macro liquidity, bearish shortfall, regulatory optimism, and the return of ETF funds. At the macro level, the US Treasury expanded the scale of long-term treasury bond repurchases, which became the core trigger for this round of market recovery. The Ministry of Finance announced that it will double the maximum limit of liquidity support repurchases of 10-year to 30-year treasury bonds from at least US$2 billion to US$4 billion. The measures will be implemented on September 9 and will continue until November 4. The market generally interpreted this as strong support for the liquidity of the treasury bond market, which effectively lowered long-term yields. The yield on 30-year treasury bonds declined markedly from a high level of about 5.33% to 5.34%. And the decline in US bond yields...

2d ago22#Blood washes empty heads

US Democratic Senator Warns: Hastly Pushing to Vote on the Clarity Bill May Reverse the Legislative Process

Comparing news, US Democratic Senator Ruben Gallego said at the Wyoming SALT blockchain seminar that if the CLARITY Act is hastily pushed to be submitted to the Senate for a vote before ethical issues and stablecoin earnings disputes are resolved, it may reverse the US crypto market structure legislation process. Gallego said the crypto industry should push for continued negotiations between the Democratic and Republican parties in the Senate rather than an immediate vote. Lawmakers still need to deal with the portion of the bill belonging to the Agriculture Committee, integrate the broader plan, and determine how to submit it to the House of Representatives, while trying to reach the 60-vote threshold required for Senate passage. Gallego also said that he and Republican Senator Thom Tillis submitted a compromise version of the ethics clause to the White House before the congressional recess, but have yet to receive piecemeal feedback. He believes that sufficiently strict ethical restrictions are a necessary condition for gaining support from the Democratic Party and advancing the bill. Trump urged Congress to pass a “fair version” of the CLARITY Act during a meeting with crypto industry executives at the White House on Wednesday. Senate leadership has delayed action until September, and Senate Majority Leader John Thune previously said that lawmakers will prioritize the bill after adjourning.

2d ago

The Korean stablecoin sector collectively surged, and Kakao Pay rose 10.91%

Comparatively, according to Gate data, the Korean stablecoin sector collectively surged, with Kakao Pay up 10.91% to 457,500 won; The Zone rose 10% to 2090 won; NHN KCP rose 9.76% to 148.4 million won; Hecto Financial surged 20.49% to 22.35 million won; and Danal rose 11.73% to 5190 won. Analysts believe that the market may be boosted by news that US President Trump is urging Congress to push forward the CLARITY Act. Trump emphasized during a meeting with key figures in the crypto industry at the White House that the bill will provide an institutional foundation for the US to maintain its leading position in the digital assets sector. If the US crypto regulatory framework is further clarified, it may promote the expansion of the global digital asset and stablecoin payment ecosystem, and related expectations are strengthening the payment and fintech sector in South Korea.

2d ago

[Comparative Daily News Picks] OpenAI CFO: The company will go public in 2027 or sooner; Bitcoin's short-term rise hits $70,000; Trump: SEC Chairman is pushing to introduce Hyperliquid into the US; US federal government debt exceeds $40 trillion; Federal Reserve meeting minutes: Multiple officials think interest rate hikes may be needed if necessary

Daily AI · Crypto · Macro · Market News, Bitpush helps you focus ↓ AI · News [OpenAI CFO: The company will go public in 2027 or sooner] In comparison news, OpenAI Chief Financial Officer Sarah Flair said that OpenAI plans to become a listed company in 2027, but if the business grows at an accelerated pace, it may go public earlier in the morning. Flair said the IPO was a milestone and method of financing. In March of this year, the company closed $122 billion in financing, providing greater flexibility for future growth. [Nvidia plans to invest in AI data labeling company Mercor, financing valuation may reach 20 billion US dollars] According to The Information, according to a person familiar with the matter, Nvidia has already discussed investment matters with data labeling service provider Mercor. Mercor helped the chip designer develop an open source AI model. The investment will be part of Mercor's round of financing valued at $20 billion. Existing investors, General Catalyst, have been negotiating to lead this funding round. Mercor's past revenue came from closed-source AI model developers such as OpenAI, Google, and Anthropic. However, Mercor's revenue from Nvidia is growing as Nvidia prioritizes the development of Nemotron's open source model. Nemotron aims to compete with the world's most advanced open source models. According to people familiar with the matter, Nvidia paid Mercor tens of millions of dollars last quarter. In addition to Mercor, Nvidia also uses data from other data vendors such as Turing and Scale, and also has its own in-house data team. [US CFTC Seeks Public Opinions on AI Hashrate Futures] In comparison, as industry giants begin to accept computing power (compute) as a tradable asset, the US Commodity Futures Trading Commission (CFTC) is seeking public comments on hashrate futures contracts. A number of exchanges, including CME (CME), Intercontinental Exchange, and the emerging fintech company Architect Financial Technologies, have announced plans to launch relevant contracts after receiving regulatory approval. According to these exchanges, the establishment of a futures market with computational power will help end users and speculators hedge against energy shortages or other issues that may affect the technological progress of AI developers. In the crypto market [Bitcoin's short-term rise hit $70,000], according to market data, Bitcoin's short-term rally hit $70,000, but now it has fallen back to $69,800, and the 24-hour increase has increased to 8.08%. [Trump: SEC Chairman is promoting the introduction of Hyperliquid into the US] In comparison, HyperliquidNews posted an article on the X platform saying, “The SEC Chairman is promoting the introduction of Hyperliquid into the US.” [Coinbase CEO: Looking forward to the CLARITY Act being passed on September 15, followed by a new bull market] In comparison, Coinbase CEO Brian Armstrong recently released a vision board on the X platform saying that he expects the CLARITY bill to receive strong bipartisan voting support on September 15, then usher in Upmonth and start the next round of the cryptocurrency bull market, and stated “as predicted.” The CLARITY Act aims to provide a clearer market structure and regulatory framework for US crypto assets. Armstrong's statement reflects its expectations for regulatory progress and a recovery in market sentiment. Macro · Agency [US federal government debt exceeds 40 trillion US dollars] compared news that as US government borrowing has increased at an unprecedented rate in history, the total amount of US treasury bonds has exceeded 40 trillion US dollars. Despite Trump's promises to control government spending, rising debt has raised investors' concerns about the state of America's public finances. According to data released by the US Treasury Department on Wednesday, the total US federal debt broke through the $40 trillion threshold on Tuesday. Over the past year, its debt has increased by $3 trillion, which is the fastest growth rate in history if the pandemic period is not taken into account. “It's like that huge warning light on a car engine,” Responsible Federation...

2d agoBitpushNews#Compare Daily Picks