Today's Crypto News: Bitcoin, Ether and Altcoin Insights
Get the latest insights on Bitcoin, Ether andaltcoins, along with a round-up of key cryptocurrency market news. Here's a quick recap of the crypto landscape for Monday (August 10) as of 10:00 a. m. UTC. Bitcoin. . .
Get the latest insights on Bitcoin, Ether andaltcoins, along with a round-up of key cryptocurrency market news. Here's a quick recap of the crypto landscape for Monday (August 10) as of 10:00 a. m. UTC. Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news to knowBitcoin price updateBitcoin (BTC)was priced at US$64,917. 34, trading flat over the past 24 hours. Ether and altcoin price updateEthereum (ETH)was priced at US$1,914. 84, trading flat over the last 24 hours. XRP (XRP)was priced at US$1. 03, trading 0. 5 percent lower over the past 24 hours. Solana (SOL)was trading at US$76. 51, flat over the past 24 hours. Today's crypto news to knowRead on for a round-up of the biggest crypto market news:Senate majority leader advances CLARITY Act before recessTrumpMedia terminates Crypto. com venturesGrayscale pulls SEC filings for Cardano, Hedera and Polkadot ETFsSenate majority leader advances CLARITY Act before recessSenate Majority Leader John Thune moved early on Saturday (August 8) morning to set up a key procedural vote on the CLARITY Act before lawmakers leave Washington for August recess. The filing queues up the landmark cryptocurrency bill for immediate floor consideration when the Senate reconvenes in mid-September. Republican leaders still need to secure at least 60 votes to pass the legislation, requiring support from all 50 Senate Republicans and at least eight Democrats. The bill would establish the first comprehensive federal regulatory framework for digital assets. Negotiations stalled ahead of the recess over a central ethics provision prohibiting public officials and their families from profiting off digital asset ventures. Democrats are demanding stricter enforcement mechanisms and divestment requirements targeting President Donald Trump, whoreported over $US1. 4 billionin family crypto income last year. While analysts warn that a tight three week legislative window in September reduces the odds of passage before midterm elections, supporters remain hopeful for a final floor vote. Trump Media terminates Crypto. com venturesTruth Social parent companyTrump Media & Technology Group (NASDAQ:DJT)has mutually agreed with Crypto. com and Yorkville Acquisition to terminate their proposed cryptocurrency treasury venture,Axios first reported. Interim CEO Kevin McGurn confirmed that the company is abandoning plans for Trump Media Group CRO Strategy, a SPAC initiative designed to build a corporate treasury around Crypto. com's Cronos blockchain token. The entities also canceled a related digital asset services agreement and scaled back plans to integrate prediction markets directly into the Truth Social platform. Trump Media will instead pursue a simpler marketing arrangement that promotes Crypto. com prediction market products to Truth Social users without operating the underlying financial infrastructure. McGurn explained that a saturated digital asset treasury market prompted new leadership to streamline operations and refocus resources on core media assets. The company is also seeking tocomplete its pending mergerwith fusion energy firm TAE Technologies before the end of the year. Grayscale pulls SEC filings for Cardano, Hedera and Polkadot ETFsAsset manager Grayscale Investments filedForm RW withdrawal requestswith the US Securities and Exchange Commission (SEC) to cancel registration statements for three proposedaltcoinexchange-traded funds (ETFs). The withdrawals eliminate pending S-1 applications for the Grayscale Cardano Trust ETF, the Grayscale Hedera Trust ETF and the Grayscale Polkadot Trust ETF. Grayscale cited Rule 477 under the Securities Act of 1933, stating that the firm no longer intends to proceed with distributing registered trust shares. The filings confirm that the SEC never declared the registration statements effective and that Grayscale issued no shares under the prospectuses. Following the announcement, prices for Cardano, Hedera and Polkadot each dropped over 2 percent within 24 hours. Hedera has fallen over 30 percent during the past two months to trade at $0. 068. Don't forget to follow us@INN_Technologyfor real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.