
Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
Prosecutors are targeting $61 million in frozen USDT while tracing a broader flow through crypto and traditional banking channels.
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Prosecutors are targeting $61 million in frozen USDT while tracing a broader flow through crypto and traditional banking channels.

Several Democrats who helped negotiate the crypto bill voted no, leaving Republicans short of the 60 votes needed to advance it.

Regulatory progress could encourage Bitcoin buyers, but oil prices and real yields will shape whether a recovery lasts.

The crypto bill had climbed to 34% odds within the past day, but wavering Republicans and a Democratic counteroffer have sharply reversed expectations.

XRP’s six-month-to-two-year cohorts carry nearly 75% of realized capital as Binance sees heavy two-way flows before the Senate’s Sept. 15 CLARITY cloture test.

Bitcoin enters a decisive week as the Senate weighs CLARITY and the Fed sets the next rate path, with the outcome poised to shape crypto market leadership into Q4.

A House vote on Sept. 16 will test whether the 78 Democrats who backed crypto market rules are willing to extend that support to a federal Bitcoin reserve.

Proposed OCC stablecoin redemption extensions leave buyers and conversion providers to finance an earlier exit.

Banking groups, Democratic senators and developer advocates are attacking the concessions Republicans hoped would unlock 60 votes.




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