News linked to this event type.
According to on-chain analytics platform Glassnode (@glassnode), Bitcoin’s price fell to approximately $76,000, breaking below the consolidation range maintained since late August and dropping roughly 1% below the “Realized Price” of $76,700. Despite multiple headwinds including the failure of the Senate’s CLARITY Act vote, sharp declines in altcoins, and rising expectations for Federal Reserve rate hikes, the pullback has remained moderate. On-chain capital inflows turned negative for the first time on September 15 following 27 consecutive days of growth; U.S. spot ETFs recorded cumulative net outflows of approximately $334 million from September 8 to 14; the total stablecoin market cap stands at roughly $301 billion, down about 4% from its April peak with recent growth stalling; and publicly traded companies have net-purchased only about 5,900 BTC over the past three months, far below the 89,000 BTC bought in July 2025, with an average corporate cost basis of approximately $80,500 leaving them currently underwater. The options market shifted to bearish sentiment within hours of the voting results being announced. Max pain for the September 25 expirations sits at $72,000, with heavy call option concentration capping upside near $85,000. The order book shows thin bid liquidity below $68,000; should this range break decisively, subsequent key support levels would be the short-term holder cost basis at $71,300 and the on-chain support zone between $62,000 and $65,000.
According to Bitfinex Alpha, Bitcoin broke below the key support level of $77,100 on September 15, closing at $75,702 with a daily decline of 3.2%, marking its third consecutive closing lower after breaking through the recent range bottom. On that day, US spot Bitcoin ETFs recorded a net outflow of $450.4 million, with Fidelity FBTC seeing an outflow of $214.8 million and BlackRock IBIT recording an outflow of $161.7 million, accounting for 84% of total outflows. This marks the 14th-largest single-day net outflow in 2026. The downturn was driven by multiple factors: the failure of the CLARITY Act to advance, the 10-year US Treasury yield rising to 5% (for the first time since 2023), accelerated selling by short-term holders (exchange inflows surged sharply from 19,400 BTC to 33,100 BTC, of which 23,200 BTC were acquired at a loss), and foreign demand dropping to a historic low during the 20-year US Treasury auction. From a technical standpoint, BTC has fallen below the market average value of $76,500 and Strategy's average holding price of $75,412, leaving the average holder currently underwater. If the downtrend continues, key support levels below are $73,500 (cost basis for 3-6 month holders) and $71,300 (realized price for short-term holders). A rebound requires reclaiming $77,100 backed by significant spot trading volume.
According to CoinDesk, recently released asset forfeiture documents from the U.S. Department of Justice reveal that the Hamas military group Al-Qassam Brigades advised donors in an internal letter to avoid using Binance for fund transfers, instead recommending platforms such as Bybit, OKX, Kast, and Redotpay, and suggesting USDT transfers via the Tron network's TRC-20 chain. In response, Binance Chief Compliance Officer Noah Perlman stated, "When a terrorist organization tells people to avoid Binance, it shows our controls are working." OKX replied that the wallet addresses in question are not associated with its platform and have already been flagged by its internal risk control system as suspected non-compliant addresses, meaning any transfer attempts to those addresses will be intercepted.
CFTC Chairman Michael S. Selig issued a statement expressing regret over the Senate's vote on crypto assets the previous day, emphasizing that Americans are entitled to regulatory clarity, legal certainty, and consumer protection in the crypto asset markets. Selig stated that President Trump has pledged to advance the development of a regulatory market structure for crypto assets by whatever means necessary, and the CFTC will leverage its existing statutory authority to assist in achieving this goal. He reaffirmed that the United States is and will continue to maintain its position as the global crypto hub, noting that the CFTC is prepared to implement relevant rules for the "new frontier of finance".
Odaily News: A Fox Business crypto reporter posted on X that the U.S. House of Representatives will continue reviewing cryptocurrency-related bills today. At 10 AM Eastern Time, the Ways and Means Committee will review the cryptocurrency tax bill; the Financial Services Committee will review multiple bills, including the House Strategic Bitcoin Reserve bill proposed earlier this year by RepNickBegich.
Ondo Finance has announced its subsidiary Oasis Pro Markets has joined the Depository Trust & Clearing Corporation (DTCC)'s Fund/SERV platform, becoming the first tokenized platform accepted into the fund transaction processing and distribution network.Oasis Pro Markets is a US-registered securities broker-dealer and distributor of tokenized investment products. Fund/SERV processes over 85% of mutual fund transaction activity in the United States; through this integration, Oasis Pro Markets can conduct transactions with fund companies, wealth management platforms, and service providers via standardized connections, and support account-level data transmission, trade confirmation, reconciliation, fund distribution, tax reporting, and regulatory reporting.
According to Cointelegraph, the U.S. Senate failed to advance a procedural vote on the Digital Asset Market Clarity Act (CLARITY Act) on Tuesday. Bernstein analysts anticipate that the SEC and CFTC will subsequently embark on "proactive and swift" rulemaking to compensate for the time lost during prior negotiations. The forthcoming regulations are expected to cover: classification criteria for token offerings, developer protections for DeFi and self-custody protocols, innovation exemptions for equity tokenization, an expedited approval pathway for physical asset perpetual futures, and swap designation rules for federal sports event contracts. Bernstein pointed out that the CLARITY Act was originally intended to provide the industry with institutional safeguards against "shifts in political winds," and its defeat has once again cast doubt on regulatory certainty. Analysts also noted that the likelihood of a reconsidered vote on the bill remains low.
Bernstein analysts said that after the U.S. Senate failed to pass the procedural vote on the Digital Asset Market Clarity Act, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are expected to accelerate the development of digital asset regulatory rules.The analysts expect the new rules to cover the classification of fundraising tokens, protections for DeFi and self-custody protocol developers, innovation exemptions for equity tokenization, approval of real-world asset perpetual futures, and adjustments to swap classification rules for federal sports event contracts. (Cointelegraph)
According to BeInCrypto, JPMorgan Co-President Doug Petno stated at the Barclays Global Financial Services Conference that institutional interest in blockchain and stablecoins remains in its early stages, constrained by interoperability gaps, regulations, and KYC rules, with no genuine institutional demand beyond crypto trading currently. In swift response, Tether CEO Paolo Ardoino remarked that "there is no need to import ice to the Arctic," mocking JPMorgan’s assessment as out of touch with reality—Tether's USDT market cap has already neared $183 billion, while the total market capitalization of all stablecoins sits at approximately $311 billion. Notably, JPMorgan itself operates the blockchain payments division Kinexys, and its research team forecasts the stablecoin market to reach between $500 billion and $750 billion, falling well short of the $2 trillion upper limit projected by some firms.
According to an announcement on Payward's official website, Payward, the parent company of Kraken, has announced plans to deploy on-chain perpetual futures products to U.S. customers via the Hyperliquid HIP-3 market, becoming the first registered exchange or clearing agency to launch a market on the protocol for U.S. clients. Payward's CFTC-regulated entity Bitnomial will serve as the HIP-3 deployer, responsible for creating, managing, and clearing and settling contracts. NinjaTrader Clearing will take charge of client accounts, restricting participation exclusively to users who have completed the NinjaTrader account opening process and passed the whitelist review.
Stand With Crypto will flag senators who voted against the CLARITY Act on its lawmaker scorecard ahead of the November US midterm elections. (Solid Intel)
According to The Block, sports betting company Underdog has filed a lawsuit in federal court against Connecticut state officials seeking to prevent the state from classifying its sports event contracts as illegal gambling. Underdog argues that it operates as a federally regulated Designated Contract Market (DCM), and that the Commodity Futures Trading Commission (CFTC) holds "exclusive jurisdiction" over DCMs, meaning Connecticut's enforcement action conflicts with the framework of the Commodity Exchange Act. Previously, Connecticut's Department of Consumer Protection (DCP) issued cease and desist orders to nine prediction market platforms, including Underdog, Polymarket, Coinbase, Crypto.com, and Robinhood. Earlier this month, Underdog also filed separate lawsuits in five states: Ohio, Massachusetts, Wisconsin, New Mexico, and Washington. Currently, more than twelve states have taken enforcement actions or filed lawsuits against prediction market platforms.
Odaily reports: Italian cybercrime police are investigating a government email security incident linked to a Revolut customer data breach, involving suspected unauthorized access to computer systems and computer fraud.The accounts involved are said to belong to Italy's Certified Email System (PEC). Revolut did not confirm which government agency the compromised accounts belonged to, but said it has reported the incident to Italian authorities and that its systems, databases, and customer funds were not affected.Italy's CERT-AGID cybersecurity agency warned in June that PEC only certifies email delivery and does not guarantee the security of email contents. The agency said it has handled over 650 cases of abused or illegal PEC accounts since the beginning of 2026. (Cointelegraph)
Odaily News: The UK government has announced that it will invest £500 million over the next three years in a new anti-money laundering and asset recovery strategy, and will recruit 500 additional personnel across police forces, the National Crime Agency (NCA), and the Crown Prosecution Service to track down and seize criminal funds.The funding comes from an economic crime levy imposed on regulated businesses. The UK Home Office stated that the NCA estimates more than £100 billion is laundered through the UK or UK corporate structures each year, with the development of fintech, cryptocurrency, and AI increasing related risks.The additional personnel will support "Operation Destabilise," which targets Russian-speaking networks that convert street cash into cryptocurrency. To date, the operation has arrested 119 suspected money launderers and seized over £25 million in cash and crypto assets in less than a year. (Decrypt)
According to the FCA website, the UK Financial Conduct Authority (FCA) released new guidance on crypto asset regulation on September 16 to help businesses understand the scope and licensing requirements of the UK's future crypto asset regime. The regime will officially take effect on October 25, 2027, and the authorization application channel will open on September 30, 2026. The guidance covers activities such as issuing qualified stablecoins, operating crypto asset trading platforms, trading and matching, and crypto asset custody and staking arrangements. FCA Executive Director David Geale stated that the guidance aims to provide businesses with clarity, enabling them to confidently prepare for regulatory compliance. The government has also made targeted amendments to relevant legislation, introducing certain exemptions and further clarifying specific technology service providers. In October, the FCA will launch a dedicated consultation on these legislative changes, covering topics such as qualified stablecoins, proprietary trading and market making, decentralized protocols, and financial promotion.
According to Yonhap News Agency, the Busan Metropolitan Police Agency revealed that on the morning of September 12, an unauthorized individual breached the SMS agency account used by the marketing department of a mixed-use shopping complex in Sasang-gu, Busan. The attacker bulk-sent scam messages to over 260,000 unspecified recipients, claiming "your cryptocurrency wallet has been updated" and urging quick installation. Once users clicked the attached links, they could fall victim to a smishing attack, potentially resulting in the theft of their virtual assets. Police have since blocked access to the relevant accounts and are actively investigating the intruders.
According to Bloomberg, Deutsche Bank has announced the launch of digital asset custody services, enabling institutional and corporate clients to securely hold and transfer Bitcoin, Ethereum, and selected stablecoins. The service is expected to officially go live later this year, pending regulatory approval. This marks Deutsche Bank's first large-scale entry into the digital asset sector, with future plans to further expand the range of supported assets, which could include tokenized financial instruments.
CryptoQuant certified analyst Axel Adler Jr. noted in a post that CME FedWatch data indicates a 92.7% probability of the Federal Reserve raising rates by 25 basis points at its September meeting, potentially moving the target rate range to 3.75%-4.00%. In the seven rounds of initial rate hikes since 1988, the S&P 500 index declined five times six weeks later, with an average drop of 2.83%. The market has largely priced in this hike, with attention shifting to the future policy path; should the Fed signal a higher frequency of rate hikes or a longer duration of elevated rates, it could further pressure U.S. stocks and Bitcoin.
In this morning's procedural vote on the CLARITY Act, Republican Senator Thom Tillis initially voted YES, but after the situation became clear and the Cloture Motion was confirmed to have failed, he changed his vote to NO.According to Senate procedural rules, only senators who vote with the winning side (the majority) are eligible to file a Motion to Reconsider a failed cloture motion. By switching his vote from YES to NO, Tillis is able to formally file a motion to reconsider. This preserves a pathway for the Senate to hold another cloture vote on the CLARITY Act without having to restart the entire legislative process from scratch. Had Tillis insisted on voting YES, he himself would not have been able to file the motion — but after the vote switch, Republicans now have an opportunity at the Senate level to once again initiate a cloture vote.
According to official social media announcements, HTX will host a live stream at 8 PM today titled “The Clarity Act Stalls, Fed Rate Hikes Weigh Heavily: Is the $75K $BTC Defense Line a Bear Factor Clearance or the Eve of a Breakdown?” Crypto KOLs including Chan Ge, Damo Ge, 0x31ad, FoodieNotAfraidOfFat, and Zizi will join the broadcast to discuss developments surrounding the Clarity Act, expected Federal Reserve monetary policy shifts, and their impact on cryptocurrency market liquidity. Building on BTC’s recent price action, the session will closely examine the long-versus-short dynamics around the critical $75,000 support level and outline the key variables that could shape market conditions going forward.