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Cynthia Lummi
2026-09-21 18:50:04

Lummis says Democrats oppose CLARITY Act despite issuer disclosure liability provision

U.S. Senator Cynthia Lummis said Democrats are opposing the CLARITY Act even though the bill includes a liability provision aimed at false disclosures by crypto issuers. According to Lummis, that part of the legislation is designed to protect investors. She said Democratic lawmakers remain against the measure despite the inclusion of that investor-protection language. The remark, cited by Techub News, frames the dispute around the bill as one centered not only on market structure but also on whether disclosure-based safeguards within the legislation are being recognized by its opponents. No additional details on the scope of the opposition or next procedural steps were provided in the source item.

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Lummis says Democrats oppose CLARITY Act despite issuer disclosure liability provision
SEC
2026-09-21 19:10:01

SEC sets five-year framework for tokenized stock trading as TD Cowen sees limited near-term demand

The U.S. Securities and Exchange Commission has established a five-year framework for tokenized stock trading, coming just days after the CLARITY Act failed to advance. The move lays out a regulatory path for the segment, but TD Cowen does not expect rapid uptake in the near term. According to the investment bank, U.S. investors already have convenient access to equities through existing channels, while issuers have shown only limited interest in tokenization. On that basis, the firm said short-term adoption is likely to remain low. TD Cowen also said perpetual futures still offer a stronger draw for investors seeking exposure to crypto-related stocks. It added that trading volumes in those products remain well above tokenized spot offerings. The report was cited by CoinDesk.

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SEC sets five-year framework for tokenized stock trading as TD Cowen sees limited near-term demand
XRP
2026-09-21 15:15:16

XRP Inflows to Binance Jump 663% as Whales Add 1.54 Billion Tokens in 96 Hours

On-chain data cited by Techub News and attributed to BeInCrypto showed a sharp rise in XRP flows into Binance between Sept. 11 and Sept. 17. Average daily inflows reached 21.7 million XRP during the period, up 663% from the quarterly baseline, with Sept. 11 alone recording 91.2 million XRP in inflows. Despite that spike, Binance’s total XRP reserves increased by only 0.22%, while average daily outflows stood at 11.6 million XRP, suggesting active two-way trading rather than one-sided selling pressure. Analyst Ali Martinez said large holders accumulated about 1.54 billion XRP over a 96-hour stretch last week, worth roughly $2.2 billion based on the figures cited in the report. The reported capital movement overlapped in timing with the failed vote on the CLARITY Act and a Federal Reserve rate hike. XRP also rebounded from a recent low of $1.27 and briefly approached $1.50. At the same time, open interest rose to $477 million, while network transaction volume and transaction count declined, pointing to higher leverage that could increase volatility.

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XRP Inflows to Binance Jump 663% as Whales Add 1.54 Billion Tokens in 96 Hours
XRP
2026-09-21 11:54:03

XRP ETF daily trading volume hits $58.1 billion, with cumulative inflows at $1.71 billion

Techub News, citing CoinPedia, reported that daily trading volume in XRP exchange-traded funds reached a record $58.1 billion. The data cited in the report also showed cumulative inflows into XRP ETFs at $1.71 billion, with holdings representing about 1.1 billion XRP. The surge in trading activity came as the U.S. CLARITY Act failed to pass a vote and the Federal Reserve announced an interest-rate increase. The report did not provide additional breakdowns on individual products or issuers, but it tied the spike in volume to that policy backdrop and the broader macro move referenced in the source.

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XRP ETF daily trading volume hits $58.1 billion, with cumulative inflows at $1.71 billion
Bitcoin
2026-09-21 10:18:56

Bitcoin Reclaims Its 50-Week Moving Average, but U.S. Spot ETFs Have Added Just $6.1 Million in Five Days

Bitcoin has closed above its 50-week moving average for the first time in about 10 months, a technical milestone that has become one of the week’s biggest topics across crypto communities. At the same time, CoinMarketCap research argues that the move still lacks a stronger form of institutional confirmation from U.S. spot Bitcoin ETF flows. Over the latest five trading days, those funds posted a combined net inflow of only $6.1 million against roughly $99 billion in assets under management, even as Bitcoin traded at $81,389 and the broader crypto market cap climbed back to $2.79 trillion. The report says the current rally looks structurally cleaner than several failed rebounds seen earlier this year: open interest has risen to the 92nd percentile of the past 90 days, while forced liquidations sit around the 43rd percentile, suggesting leverage has been added with the trend rather than through a disorderly squeeze. It also points to a shift in market pricing after the CLARITY Act stalled in the Senate, with regulatory-classification baskets still gaining, and notes that breadth indicators such as the altcoin season index are moving faster than sentiment gauges. The result is a market where price has improved, positioning has strengthened, but demand from U.S. institutional channels has yet to clearly line up behind the breakout.

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Bitcoin Reclaims Its 50-Week Moving Average, but U.S. Spot ETFs Have Added Just $6.1 Million in Five Days
Bitcoin
2026-09-21 08:37:08

Analyst reviews six Bitcoin moves above the 50-week average and says this one likely isn’t a bear-market trap

Crypto analyst Jake Pahor argues that Bitcoin’s latest weekly close back above its 50-week moving average looks more like the start of a durable recovery than a short-lived bear-market rally. In his review of data going back to 2012, he identified six cases in which Bitcoin spent at least a month below the 50-week average and then posted its first weekly close back above it. Four of those instances led into bull markets, while two quickly failed and turned into traps. Pahor says the strongest historical filters were not the size of the breakout candle itself, but how long Bitcoin had stayed below the 50-week average and where his CSH valuation score stood at the time. In the successful cases, Bitcoin had usually spent close to a year below the line and the CSH score ranged from 19.5 to 47.5. The failed signals came much sooner and, in one case, at a much richer score of 65.4. For the current setup, he puts Bitcoin at 45 weeks below the 50-week average before reclaiming it, with a CSH score of 37.4. He stops short of declaring the bear market over on a single close, but says consecutive weekly closes above the line would be the real test. He has also widened his buy range from a CSH score of 10-30 to 10-35, while keeping his sell rule unchanged at above 80.

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Analyst reviews six Bitcoin moves above the 50-week average and says this one likely isn’t a bear-market trap
CLARITY bill
2026-09-21 07:01:00

Why the CLARITY bill failed: crypto lobbying, bank pressure and a Senate defeat

The CLARITY bill, a sweeping U.S. crypto market-structure proposal, failed to clear a key procedural hurdle in the Senate this week, capping months of negotiations and triggering a blame game across Washington and the digital-asset industry. According to The Wall Street Journal, Coinbase CEO Brian Armstrong sat at the center of the fight, opposing provisions that could have limited Coinbase’s ability to offer yield-like rewards tied to stablecoin activity. Bank groups pushed hard in the other direction, arguing such arrangements could pull deposits out of the banking system and weaken lending. The dispute stretched from January through the summer. Armstrong withdrew support for an early version of the bill ahead of a Jan. 15 Senate vote, posting on X that “no bill is better than a bad bill.” Negotiators later produced a 15-page compromise package, and some Democrats were said to be open to much of it, but Armstrong objected to parts of the proposal and Republicans shelved several items. The politics then grew harder. President Donald Trump’s disclosure that his family’s meme coin and crypto businesses generated $1.4 billion in 2025 intensified ethics concerns and gave Democrats fresh ammunition. By late summer, the bill had grown past 600 pages. Negotiators, staff and industry groups were exhausted. On Tuesday, the measure fell short of the 60 votes needed to advance. Coinbase shares dropped more than 10% that day before rebounding 12% on Friday after the U.S. Securities and Exchange Commission approved trading in tokenized stocks in the U.S.

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Why the CLARITY bill failed: crypto lobbying, bank pressure and a Senate defeat
Robinhood
2026-09-21 03:44:39

Robinhood CEO says crypto-linked prediction contracts are gaining share as sports may become a minority

Robinhood CEO Vlad Tenev said prediction markets are expanding well beyond sports, with crypto-related contracts already taking an outsized share of activity and sports likely to become a minority category within a few years. Speaking on CNBC’s Mad Money, Tenev described sports as an entry point that helps attract users, liquidity, and attention, while the broader business shifts into other verticals. He also said prediction markets, stocks, and crypto serve as customer acquisition channels for Robinhood, with many users later adopting additional products, including retirement accounts. Robinhood’s numbers show how large the segment has become. In the second quarter of 2026, the company reported 13.6 billion event contracts traded and $156 million in revenue from the business, both up more than 10-fold from a year earlier. That revenue topped crypto trading revenue of $100 million and stock trading revenue of $129 million, trailing only options at $342 million. Robinhood also said its in-house exchange, Rothera, launched in June and had processed more than 3.5 billion contracts by the end of July. The platform, built on the former MIAXdx and originally LedgerX, started with sports contracts even as Robinhood points to broader non-sports growth.

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Robinhood CEO says crypto-linked prediction contracts are gaining share as sports may become a minority