Crypto Market Update: Bipartisan Senate compromise puts Clarity Act back on track

Bipartisan Senate compromise puts Clarity Act back on track

The digital asset industry is closing in on a significant legislative victory in the US as Senate negotiators successfully revived the stalled Clarity Act. MPs reportedly reached an agreement regarding Stablecoin rewards, a highly controversial issue that had previously brought the bill to a standstill.

Traditional banks had lobbied heavily against allowing crypto platforms to offer yield-like rewards on dollar-pegged tokens due to fears of a mass exodus of customer deposits.

Under the new bipartisan agreement led by Senators Thom Tillis and Angela Alsobrooks, passive deposit-style interest would face strict limits. However, crypto firms will still be legally allowed to directly provide financial incentives from actual on-chain activities such as staking or platform payments.

Senate Banking Committee Chairman Tim Scott announced that the legislation is now in the “red zone,” with hopes of securing unanimous Republican support for a formal markup later this month.

Strategy Halts Weekly Bitcoin Buying Ahead of Q1 Earnings

Michael Saylor’s Strategy (NASDAQ:MSTR) has temporarily halted its continued Bitcoin-buying spree just days before the company is scheduled to report its first-quarter earnings for 2026.

The software giant, which basically acts as a giant Bitcoin proxy, has created a strict weekly buying rhythm that investors track as a gauge of corporate crypto demand.

sailor short interval confirmed On social media, the market was apparently assured that the “Buy Every Week” strategy would resume its normal schedule next week. The strategy currently holds a staggering 818,000 BTC, accumulated at an average price of US$75,537, which takes its total digital asset investments well past the US$61 billion mark.

To fund this aggressive accumulation, the Company continues to leverage high-yield preferred stock options, such as its STRC shares, to avoid dilution to its common shareholder base.

Pyongyang condemns “absurd” cybercrime allegations

Over the weekend, the North Korean government fiercely denied allegations that state-sponsored hackers are responsible for a massive wave of cryptocurrency thefts.

one in extreme statement Released through state media, a State Department spokesperson dismissed the growing allegations from the US government and blockchain researchers as “absurd slander.” The official described the claims as a coordinated smear campaign designed to spread a false narrative about non-existent cyber threats.

Pyongyang even turned the tables, accusing Washington of playing the victim while actively using its superior IT infrastructure to wage indiscriminate cyber warfare against rival countries. However, independent blockchain forensics paint a very different reality regarding the source of recent decentralized finance exploits.

A new report TRM Labs attributes approximately 76 percent of all crypto hack losses recorded so far in 2026 to threat actors directly linked to North Korea. These state-backed syndicates are reportedly responsible for devastating attacks on platforms like Drift and KelpDAO, which siphoned off a combined US$577 million in the first few months of the year.

SOL Strategies to acquire HoudiniSwap

SOL Strategies (CSE:HODL,NASDAQ:STKE) agreed to buy HoudiniSwap added a privacy-focused cross-chain swap aggregator to its Solana infrastructure platform, raising $18 million in cash and shares.

According to a press release, the deal aims to diversify revenues, expand beyond staking and validator operations, and strengthen the company’s push into transaction routing and institutional on-chain finance.

The company also highlighted that more than half of Houdini’s transaction volume – which is set to exceed US$2.5 billion in 2025 – touches Solana, supporting a strategic fit.

DTCC unveils plans to launch tokenized real-world assets

Depository Trust and Clearing Corporation (DTCC) released a timeline As for its tokenization service, it detailed plans to facilitate initial trading of tokenized real-world assets in July, followed by a broader launch in October.

“DTC’s token service is designed to provide systemic scale where deep liquidity already exists,” said Brian Steele, managing director of DTCC and president of the company’s clearing and securities services. “We continue to collaborate closely with members of the DTCC Industry Working Group to ensure the service evolves in line with the current and future needs of the industry as we collectively build the digital ecosystem of the future.”