The On-Chain Pain of Bitcoiners
“This is the first time in this cycle that New Whales have moved into net unrealized loss territory. Old Whales ratio fell to the 1.11 level. The last time this occurred after an ATH in both indicators was in May 2022.” – By @_onchain
🇺🇸 UPDATE: Sen. Cynthia Lummis says passing the CLARITY Act before the July 4 recess is possible, but August may be a more realistic timeline as lawmakers work to combine multiple crypto-related bills.
LATEST: 🇺🇸 Senators Bernie Sanders and Elizabeth Warren are pushing the Labor Department to scrap a proposed rule that would open 401(k) retirement plans to crypto investments.
JUST IN: 🇺🇸 Coinbase Chief Policy Officer says The Clarity Act is "very close to getting done."
"I know JPMorgan want to get into it. Every other big bank wants to get into the crypto sector." 👀
The Clarity Act is the future of finance, laying the rules of the road and establishing America as the crypto capital of the world.
This bill says that the future of finance should be built in America, under American laws, and with American values.
🇺🇸 LATEST: Coinbase’s Chief Policy Officer says the Clarity Act is “very close” to passing, adding that JPMorgan and other major banks want to enter the crypto sector.
We are trained to go bigger, more money, more crypto, more AI agents, more friends, more projects, more plans, more everything, and less happy.
Happy people have a small circle of friends and simple routines.
The next window for digital asset legislation after this Congress is likely 2030. Until then, developers remain exposed with no legal protections, and law enforcement remains without the tools to hold bad actors accountable. The Clarity Act solves both.
If the United States doesn't establish the global standard for digital asset regulation, someone else will.
China is not waiting.
The Clarity Act is how America leads — and how we ensure our adversaries don't write the rules of the next financial era.
🇺🇸 ETF FLOWS: XRP and SOL spot ETFs led inflows on May 29, while BTC and ETH spot ETFs recorded net outflows.
BTC: -$125.3M
ETH: -$18.0M
SOL: +$1.3M
XRP: +$11.88M
🇺🇸 NEW: Senator Cynthia Lummis warns that if the CLARITY Act does not pass this Congress, meaningful U.S. digital asset legislation may not return until 2030.
BREAKING: US oil prices drop below $87/barrel for the first time since April 21st as President Trump says he is making a "final determination" on the Iran deal.