29m ago
US Senate faces narrowing window to move CLARITY Act as Bitwise sees rally risk if deadline slips
The US Senate has not scheduled a vote on the CLARITY Act in its final week before recess, leaving limited time to advance the bill that would set a federal framework for digital commodities and split oversight between the SEC and CFTC. Polymarket data show the implied probability of enactment in 2026 has fallen to 14%, down from more than 80% in February. The House passed the bill 294-134 in July 2025. Bitwise said missing the deadline could ultimately set up a crypto-market rebound.
BTC
BTC+0.77%
29m ago
1h ago
Uber projects current-quarter adjusted earnings below Wall Street estimates
Uber said its forecast for current-quarter adjusted earnings is below market expectations, citing foreign exchange headwinds that it expects will trim bookings growth. The company reiterated plans to invest heavily in robotaxis and acquisitions, after announcing a US$14.8billion deal for Delivery Hero last month to be funded with existing liquidity and debt. Uber shares fell about 3 per cent in premarket trading following the update.
1h ago
2h ago
BlackRock files for 1-for-3 reverse split of $5 billion Ethereum ETF ETHA effective Oct. 6
BlackRock filed with the U.S. SEC to carry out a 1-for-3 reverse share split of its iShares Ethereum Trust ETF (ETHA), scheduled to take effect on Oct. 6. The move would lift the per-share net asset value while leaving investors’ proportional ownership and the fund’s total assets unchanged. Bloomberg Senior ETF Analyst Eric Balchunas said the change could cut the ETF’s bid-ask spread cost from about 7 basis points to 2 basis points, lowering trading friction for institutions. Ether was last at $1,871.32, down 0.66% over 24 hours, as its trading range narrowed ahead of a potential directional move.
ETH
ETH+0.18%
2h ago
2h ago
Putin signs digital currency law legalizing crypto transactions in Russia, effective September
Russian President Vladimir Putin has signed a “digital currency” bill into law, formally legalizing cryptocurrency transactions in the country and creating its first comprehensive regulatory framework. The legislation is set to take effect in September, providing a clearer legal basis for Russia’s digital asset market. The move signals a shift in Russia’s stance from restricting crypto activity to regulating it, which could support more compliant development of the local crypto industry.
BTC
BTC+0.77%
2h ago
4h ago
U.S. spot Bitcoin ETF inflows rebound to $170.1 million on Aug. 3 after $265.4 million exit
On Aug. 3, U.S. spot Bitcoin ETFs posted total net inflows of $170.1 million, reversing a $265.4 million net outflow recorded on July 31. BlackRock’s IBIT led with $111.4 million, followed by Fidelity’s FBTC at $33.4 million, while EZBC, BTCO and HODL also saw smaller gains. None of the 12 funds reported a net outflow, indicating a broader pickup in participation, according to Farside Investors.
BTC
BTC+0.77%
4h ago