The post Congress Unveils Major U.S Crypto Regulation Bill Update appeared first on Coinpedia Fintech News Congress is making moves on crypto. A new version of the CLARITY Act was recently released, setting the stage for a key markup session this week. The latest draft of the CLARITY Act, known as the Amendment in the Nature of a Substitute (ANS), was recently released. It includes some updates and changes to the original bill. FOX Business reporter Eleanor Terrett, in a recent X post, shared that this version is set to be the foundation for Tuesday’s crucial markup session in the House Financial Services Committee. NEW: The Amendment in the Nature of a Substitute (ANS) for the CLARITY Act was posted this evening. The ANS is an updated version of the introduced bill with recent amendments and additions. This text will be the basis for Tuesday’s markup in @FinancialCmte . pic.twitter.com/5ukr7tthMX — Eleanor Terrett (@EleanorTerrett) June 8, 2025 House Committees Set to Merge Crypto Regulation Bills She also clarified that this version is the most recent version from the House Financial Services Committee. There is another version from the House Agriculture Committee, which it will mark up separately. Both committees will review and make changes to their versions on Tuesday. After that, the two versions will be merged into one final bill. Franc Corva shared in an X Post that this update has some good news for crypto developers and wallet providers. It says that developers who don’t control the blockchain will not be treated like money transmitters. Also, DeFi activities and software that help users keep their own private keys won’t be regulated under this act. NEW: Here are three important segments from The Amendment in the Nature of a Substitute (ANS) for the CLARITY Act (H.R. 3633), which was posted this evening. (Good news for self-custody and developers and providers of noncustodial wallets and services.) A thread pic.twitter.com/mrgG2mvup3 — Frank Corva (@frankcorva) June 8, 2025 Besides, the Bank Secrecy Act rules will only apply to centralized intermediaries, not decentralized projects. This gives more freedom to developers and users in the crypto world. The update also adds new banking rules in Section 312(b)-(c) about using digital assets and blockchain. National banks can use digital assets and blockchain to offer any legal services, but they still need to follow existing rules. Insured state banks and their subsidiaries have the same permissions. The bill mainly tries to clarify how U.S. laws apply to cryptocurrencies like Bitcoin, Ethereum, and stablecoins. It explains which agency, the SEC or the CFTC, is in charge of regulating different types of digital assets. This update is a positive step toward clearer crypto rules. It provides clarity on the classification of digital assets, the role of regulatory bodies, and what rules companies must follow, which will help build a safer, more predictable space for innovation and growth. Trump’s Bitcoin Reserve Plan Moves to Congress Recently, the U.S. took a big step toward embracing Bitcoin. Rep. Tim Burchett introduced a new bill, H.R. 3798, to officially turn Trump’s plan for a strategic Bitcoin reserve into law. If passed, the U.S. government would start building its own Bitcoin stash. The bill is now being reviewed by the House Financial Services Committee. While supporters believe that it could boost the economy and push crypto adoption forward, critics are worried about Bitcoin’s volatility.
BitcoinWorld MEXC Unveils New Launchpad Featuring BTC to Kick Off BTC Trading Month VICTORIA , Seychelles , June 9, 2025 /PRNewswire/ — In a bold move to restore fairness in early-stage token investing, MEXC , a leading global cryptocurrency exchange, has officially launched its new Launchpad. The platform is designed to offer users fair and transparent access to high-quality tokens. By removing barriers to entry and offering discounted subscriptions to premium assets, it gives equal opportunity to all users, regardless of account status, trading volume, or social influence. The first subscription event under this new model will feature Bitcoin (BTC), marking a high-trust starting point and kicking off its BTC Trading Month. While many launchpads promise community access, most have evolved into tiered, opaque systems where venture capitalists, influencers, and VIPs secure favorable allocations — leaving regular users with scraps. MEXC’s new launchpad model challenges this status quo by removing lotteries, VIP tiers, and preferential pools. Instead, it introduces a fully transparent, contribution-based allocation mechanism that puts retail users and large investors on equal footing. “The spirit of launchpads has been lost in recent years,” said Tracy Jin , COO of MEXC. “We’re bringing it back — by making early-stage investing truly community-first again.” Participation in the MEXC Launchpad is open to everyone . Users can directly subscribe to project offerings using USDT or other designated tokens. Allocations are distributed on a purely proportional basis, with simple tasks, point farming, or influencer-driven campaigns involved. There are two primary models available: full subscription, where tokens are allocated directly based on the invested amount, and oversubscription, where allocations are shared proportionally among participants when demand exceeds supply. Building on this structure, participants will also be able to subscribe to tokens at discounted rates below the expected market price, increasing their potential upside. MEXC Launchpad is not limited to early-stage projects; it will also provide access to premium, well-established tokens with strong fundamentals and market appeal. The first subscription event under this new model will feature Bitcoin (BTC), marking a high-trust starting point. The subscription period will run from June 6 to June 20 and includes exclusive offers tailored to different user segments. New users will be able to purchase BTC at a discount of up to 90%, with individual allocations ranging from 5 to 55 USDT, and a total pool capped at 4 BTC. Existing users will receive a 20% discount, with allocation limits set between 25 and 250 USD1 , and a total cap of 3 BTC. To further encourage participation, a referral rewards program offers 5 USDT for each new user referred, up to a maximum of 100 USDT per participant. MEXC Launchpad will focus on selecting high-quality projects, particularly in trending and high-growth sectors such as Real World Assets, AI, and the TON ecosystem. Each project is evaluated in collaboration with MEXC Ventures, which provides further support and funding to help innovative ideas scale. Most significantly, no venture capital or KOL pools exist within MEXC Launchpad. All allocations happen on-chain, using a transparent algorithm based solely on each user’s actual contribution. This removes the structural favoritism that has plagued traditional launchpads. “We believe innovation should be accessible to everyone,” MEXC’s Jin said. “You shouldn’t have to be a whale, influencer, or VC to get early access to good projects. Our goal is to level the playing field and empower all users to access high-quality projects at favorable terms. With the new Launchpad, we’re making it easier for real users to engage with real innovation, without the usual barriers or preferential treatment.” As the crypto market continues to heat up, MEXC Launchpad offers something rare: a chance for everyday users to participate in the next wave of innovation, without being pushed aside by insiders. About MEXC Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website ｜ X ｜ Telegram ｜ How to Sign Up on MEXC This post MEXC Unveils New Launchpad Featuring BTC to Kick Off BTC Trading Month first appeared on BitcoinWorld and is written by chainwire
Michael Saylor, Executive Chairman of MicroStrategy, recently addressed the emerging concerns surrounding quantum computing and its potential impact on Bitcoin’s cryptographic security at the MIT Bitcoin Expo 2025. He emphasized
The post Veteran Crypto Expert Explains When Altcoin Season Will Finally Arrive appeared first on Coinpedia Fintech News With Bitcoin, the biggest cryptocurrency, recently hitting an all-time high of $111,980 and taking over 64.64% of the market, many in the crypto community are starting to wonder: When will the altcoin season finally arrive? Meanwhile, Veteran Crypto expert Michael van de Poppe explained why he thinks the altcoins season is about to start soon. Altcoins Have Been Slow for Years Michael says that altcoins have not been doing well since late 2021. He remembers that the last big altcoin season was in 2017, when almost every altcoin was going up fast. In 2021, older altcoins didn’t do as well as newer tokens. In 2024, most of the hype was about memecoins, not the usual altcoins. He also points out that in the past four years, Bitcoin went as high as $65,000, and during that time, around 95% of altcoin gains were already done. But after that, altcoins kept falling, and many people stopped caring about them. Global Factors Holding Back Altcoins Van de Poppe believes this cycle is different. He says that altcoins are underperforming because we’re still in a “Bitcoin season,” and people are afraid to take risks. When #Altseason ? One of the most asked questions, as people are looking to make a large return, willing to bet everything on it. Altseason hasn't come for a long time, the question is: when will this start to appear? I think we're not too far off, and it's all about… pic.twitter.com/8GtMzDD0Zt — Michaël van de Poppe (@CryptoMichNL) June 8, 2025 Meanwhile, Central banks are changing their economic policies, and many fear a recession. And the real progress is happening in DeFi and other parts of the crypto world. Gold is even hitting a new all-time high, which might make people feel safer about investing again. Even the Chinese Renminbi is doing better than the Dollar, which often helps Ethereum do better than Bitcoin. Altcoin Season: When Will It Start? Michael shares that people are eagerly waiting for altcoin season, asking, “When will it start?” He says there are two types of people right now, some think the market is still in a bear phase, while others believe the next big rise is just beginning. He feels that now is a good time to pick up altcoins. Many of them are priced low and have strong teams. Michael says this is the chance to buy them quietly, before the rest of the world catches on.
Galaxy Digital has recently acquired an additional 501 BTC from Jump, marking a significant transaction valued at approximately $53 million. This transfer, recorded just two hours ago according to The
Bitcoin Struggles as Hang Seng Cheers U.S.-China Trade Talks U.S. Inflation Eyed $BTC #Bitcoin
Major cryptocurrencies showed little bullish momentum Monday, even as hopes for the U.S.-China trade talks lifted Asian stocks. Bitcoin BTC, the leading cryptocurrency by market value, traded flat-to-negative near $105,650, having carved out a doji candle, a sign of indecision, on Sunday, according to data source TradingView. Data from Blockchain.com showed a marked slowdown in network activity, with the seven-day moving average of daily on-chain transactions falling to 315.48K, the lowest in at least a year. Payments-focused cryptocurrency XRP struggled to gather upside traction despite topping a bearish trendline from the mid-May highs. The cryptocurrency changed hands at $2.24 at press time, down over 1% on the day (UTC). Volatility may increase this week as the XRP Ledger's APEX 2025 conference kicks off in Singapore. Meme cryptocurrency DOGE traded nearly 2% lower, closing in on 18 cents, having failed to establish a foothold above the 100-day simple moving average (SMA) over the weekend. Hang Seng tops 24K Hong Kong's Hang Seng index rose 1.3%, topping the 24,000 mark for the first time since March 24, according to data source TradingView. The move came in response to the optimism about the U.S.-China trade talks this week. "Optimism is as high as it's been since Trump's election as top trade deputies will meet in London starting on Monday. There are indications that talks will go all week and Trump himself is optimistic," ForexLive's Chief Currency Analyst Adam Button said in a blog post. "The meeting should go very well," President Donald Trump said on Truth Social Friday, announcing the new round of trade talks in London. Other Asian indices, such as South Korea's KOSPI and China's Shanghai Composite, also gained ground despite the deepening consumer and factory gate deflation in China. China's deflation worsens China's consumer prices fell 0.1% year-over-year in May, according to data from the National Bureau of Statistics released on Monday. The CPI first turned negative in February. Meanwhile, the producer price index, or factory gate prices, fell 3.3% year-over-year in May, registering a sharper decline than the 3.2% drop analysts had expected. Factory gate prices have been in deflation since October 2022. According to Robin Brooks, senior fellow in the Global Economy and Development program at the Brookings Institution, the U.S. tariffs are generating a deflationary shock for major exporters like China. "China's producer price inflation for consumer goods is down to its lowest level since the 2008 crisis. U.S. tariffs will now push China into full-on deflation. All necessary conditions for deflation are there: weak consumption and a debt overhang. U.S. tariffs are now the catalyst...," Brooks said on X. The worsening deflation could prompt China to stimulate domestic demand with further liquidity easing. China’s central bank in May cut the key interest rates by 10 basis points to a historic low while reducing the reserve requirement ratio, releasing liquidity into the market. Last week, the state-run China Securities Journal reported that the People's Bank of China may lower the reserve requirement ratio further later this year to support growth and restart government bond trading. More Chinese stimulus could bode well for financial markets, including cryptocurrencies. Focus on U.S. CPI The U.S. consumer price index for May due Wednesday will be scrutinized by markets for clues that Trump's tariffs are adding to price pressures in the economy. The headline CPI is seen matching April's pace of 0.2% month-on-month growth, equating to an annualized 2.5% rise versus April's 2.3% increase, according to FXStreet. Meawhile, the core inflation, which excludes the volatile food and energy component, is forecast to have ticked higher to 2.9% in May from 2.8% in April. Economists at Barclays expect the data to show first signs of tariffs-related price increases across wide range of core goods. A hotter-than-expected print could dent Fed rate cuts, potentially injecting downside volatility in financial markets.
Bitcoin price started a recovery wave above the $105,000 zone. BTC is now consolidating and might attempt to clear the $106,500 resistance. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $105,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh decline if it breaks the $104,000 support zone. Bitcoin Price Restarts Increase Bitcoin price started a fresh decline and traded below the $102,500 support zone. BTC even traded close to the $100,000 zone before the bulls appeared. A low was formed and the price recovered above the $103,500 resistance . The bulls even pushed the price above the $105,000 resistance. A high was formed at $106,426 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $100,400 swing low to the $106,426 high. Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average . There is also a bullish trend line forming with support at $105,350 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $106,200 level. The first key resistance is near the $106,500 level. The next key resistance could be $107,600. A close above the $107,600 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $106,200 resistance zone, it could start another decline. Immediate support is near the $105,200 level and the trend line. The first major support is near the $103,500 level and the 50% Fib retracement level of the upward move from the $100,400 swing low to the $106,426 high. The next support is now near the $102,000 zone. Any more losses might send the price toward the $100,500 support in the near term. The main support sits at $100,000, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $105,200, followed by $103,500. Major Resistance Levels – $106,200 and $107,600.
According to recent data from Coinglass, the cryptocurrency market has witnessed significant capital movements within the last 24 hours. Bitcoin (BTC) led the net inflows with an impressive $38.92 million,
Bloomberg analyst predicts active memecoin ETFs by 2026, despite regulatory delays. Are you prepared?