FTX

The Senate’s failure to pass the CLARITY Act leaves a fast-growing digital asset market operating without a comprehensive federal framework. As major financial institutions advance tokenization efforts, the debate is shifting from crypto policy to broader market resilience.

The European Union’s MiCA framework is now fully in force after its transitional window ended on July 1, 2026. For U.S. advisors, the message is clear: governance, custody controls and operational risk management are quickly becoming core fiduciary issues in digital assets.

Crypto markets are deeper and more institutional than ever, but short-term price action continues to react sharply to headlines, treasury updates and macro scares. For investors, the growing edge lies in tracking funding rates, ETF flows and on-chain behavior rather than chasing the narrative of the day.

Bitcoin holders are moving funds back to centralized exchanges after a Coldcard hardware wallet vulnerability raised fresh concerns about self custody. On chain data shows smaller transfers and exchange deposits spiking in a pattern that contrasts sharply with the response to FTX’s collapse.

Bitcoin has gained 3% over the past day, moving above $66K and toward a key resistance band near $68K. Whale accumulation is adding a constructive medium-term signal, though stablecoin outflows from exchanges may be limiting market momentum.

The Clarity Act is being framed by digital asset advocates as a major step toward stronger consumer safeguards in U.S. crypto markets. Its proposed rules would cover registration, custody, disclosures, conflicts of interest, fraud prevention and the treatment of customer assets if a platform fails.

The U.S. Senate approved a nonbinding resolution stating that Sam Bankman-Fried should under no circumstances receive a presidential pardon or commutation. The move highlights continued bipartisan anger over FTX’s collapse, customer losses exceeding $8 billion, and one of the most infamous fraud cases in crypto history.

After a concise hearing, a judge sentenced Sam Bankman-Fried to a quarter-century behind bars. Despite efforts to secure leniency, Bankman-Fried faces a significant 25-year prison term due to his involvement in the collapse of the FTX exchange and Alameda Research trading firm.

Bitcoin's price correction intensified on Tuesday, marking the largest single-day percentage decline since November 2022. The pullback comes as U.S.-listed spot exchange-traded funds (ETFs) experience significant outflows, signaling a shift in investor sentiment.

Manhattan prosecutors are urging for a lengthy prison sentence of 40 to 50 years for Sam Bankman-Fried, following his conviction for orchestrating an $8 billion fraud scheme through his now-defunct FTX cryptocurrency exchange.

Swiss crypto hedge fund Tyr Capital is in a dispute with client TGT over its ties to the bankrupt FTX exchange. TGT accuses Tyr of "criminal" mismanagement, leading to a raid by a Swiss prosecutor. The disagreement centers on Tyr's withdrawal of funds from FTX on the day of its bankruptcy, violating warnings and internal exposure limits. The conflict follows FTX's 2022 collapse, impacting connected entities and setting the stage for a legal battle with potential consequences for Tyr Capital and the crypto investment landscape.