Weekly Crypto and Finance News: CLARITY Act and New Developments
US crypto regulations, Trump's new tariffs, and a new wallet on Telegram.
1CLARITY Act and Crypto Market
The CLARITY Act, aimed at regulating the crypto market in the US, is sparking debates. The law seeks to increase market control and protect investors. It introduces tighter oversight, especially on prediction markets like Polymarket.
2Trump's New Tariffs
Former US President Donald Trump's administration announced new tariffs. These tariffs have the potential to impact global trade. Tensions may rise, particularly in trade relations with China and other countries.
3New Wallet on Telegram
Telegram announced a new crypto wallet for its users. This wallet will allow users to securely store their assets. Its user-friendly interface and security features are drawing attention.
4Bitcoin Price Volatility
Bitcoin prices showed an upward trend this week. Prices tested the $65,800 level with over a 2% increase but couldn't sustain it. Experts predict potential lows in September or October 2026.
5Ethereum's Performance
Ethereum prices also rose this week. ETH tested the $1,900 level but couldn't break above $2,000. Institutional interest continues to grow.
6Tesla's Bitcoin Strategy
Tesla released its Q2 report. The company continues to hold 11,509 BTC on its balance sheet. However, this resulted in a $112 million paper loss.
7Bitcoin Protection Consortium
Giants like BlackRock, Coinbase, and Fidelity formed a consortium to protect Bitcoin. The consortium allocated $15 million for post-quantum cryptography. This step is seen as a significant investment in Bitcoin's future.
8DeFi and Tokenization Trends
Bitwise CIO Matt Hougan highlighted DeFi and real-world asset tokenization as key trends. The total value locked in Robinhood's network is nearing $500 million. This is a major development for the sector.
9Tether and the GENIUS Act
Tether is racing against time to comply with the GENIUS Act. Its USAT stablecoin for the US market is lagging in competition. Experts say Tether must comply within the next six months.
10Tensions Between Iran and the US
Tensions between Iran and the US persist. Qatar's mediation efforts have yielded no results. The struggle for control over the Strait of Hormuz is escalating tensions in the region.
11HTX's New Strategy
HTX is constantly changing wallets to avoid sanctions. According to TRM Labs, this is a method to circumvent sanctions. HTX claims it's a security measure.
Original article: INCRYPTED — Haftalık Kripto ve Finans Haberleri: CLARITY Yasası ve Yeni Gelişmeler