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マーケット

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White House's Patrick Witt: CLARITY is 'not a giveaway' to crypto and Trump's 'historic' ethics concession

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the week's biggest policy news from SEC Commissioner Hester Peirce's statement on crypto vaults to the London Stock Exchange's launch of a 24/5 tokenized market. Then, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, joins to make the case that the CLARITY Act deserves a Senate floor vote before the August recess and argues that President Trump's agreement to subject himself to conduct restrictions is a "historic" and unprecedented ethics concession. Witt also breaks down the CFTC's expanded mission and the fight over funding and staffing. Plus, Rebecca and Renato debrief on the lessons of MiCA and the state of bipartisan compromise on the Hill, and name the state attorneys general, led by an op-ed from Montana's AG, as their Person of the Week.

White House's Patrick Witt: CLARITY is 'not a giveaway' to crypto and Trump's 'historic' ethics concession

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ビットコインのラリー、68,000ドルで重要な試練に直面 ― アナリストは「夏の眠り」が暗号資産市場を支配と指摘

BTCは7月の安値から15%反発しましたが、一部のアナリストは、今後の動きは多くの最近の買い手が売りを検討する可能性のある水準をクリアできるかにかかっていると警告しています。

Bitcoin price chart (TradingView)

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AI shock spares Bitcoin, Wall Street moves on-chain, and leveraged crypto ETFs explained

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Ben Emons, Founder and Chief Investment Officer of FedWatch Advisors, to break down the market fallout from Moonshot AI's Kimi K3 and why the Fed is now actively debating rate hikes rather than cuts ahead of the August 7th CLARITY Act deadline. Nadine Chakar, Managing Director and Global Head of Digital Assets at DTCC, explains how the firm moved tokenized securities into live production and outlines DTCC's role as an institutional multi-chain orchestrator ahead of a full commercial launch. The conversation turns to ETF flows, where Bitcoin funds finished last week with $76 million in net inflows despite a $425 million outflow on Monday alone, and Ethereum ETFs outpaced Bitcoin inflows led by $135 million into BlackRock's ETHA. Finally, Bilal Little, Global ETF Strategist at Direxion, unpacks the debut of BTCU and EVMU — the industry's first 2x leveraged spot Bitcoin and Ether ETFs — explains why an ETF wrapper beats margin on a crypto exchange for retail traders, and responds to Bloomberg ETF analyst Eric Balchunas's thesis that Bitcoin ETFs will mirror gold's 22-year "triumph and pain" trajectory. The episode closes with the Fear and Greed Index at 29.

AI shock spares Bitcoin, Wall Street moves on-chain, and leveraged crypto ETFs explained

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Sen. Hagerty says Warren tried to 'destroy' GENIUS, warns CLARITY faces political headwinds

CoinDesk's The Policy Protocol host Rebecca Rettig is joined by guest co-host Ryan VanGrack, Coinbase's newly appointed Vice Chairman, to unpack the week's biggest crypto policy developments. They begin with the escalating legal standoff between Kalshi, the state of Michigan and the CFTC, before turning to the U.S.-U.K.'s new joint recommendations on stablecoins and tokenized assets. On the one-year anniversary of the GENIUS Act, Rebecca sits down with the bill's architect, Sen. Bill Hagerty (R-Tenn.), who reflects on the legislative battle to pass the landmark stablecoin law and explains why the CLARITY Act now faces an even more challenging political path. The episode closes with Hero of the Week Harry Jung, Patrick Whitt's deputy who is stepping into a leading White House role on crypto policy while Whitt takes military leave, and Zero of the Week Sam Bankman-Fried, after the Senate unanimously passed a resolution opposing any pardon or commutation for the former FTX founder.

Sen. Hagerty says Warren tried to 'destroy' GENIUS, warns CLARITY faces political headwinds

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ビットコインのパニック売りは、売り手の利幅が消失する中で終焉を迎えつつある可能性

アナリストは、新たな米国とイランの緊張激化およびスポットETFへの資金流入の再開を背景に、ビットコインの回復力が明確に示されていると指摘しており、これが限界的な売り手が市場から退いた最も明らかな兆候だと述べている。

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

マーケット

ビットコインの最近のマクロ的な緩和は、日本の金利による挑戦に直面しています

日本の国債利回りは上昇を続けており、これが米国の利回りを押し上げ、リスク資産にとって潜在的な逆風となっています。

Trading prices displayed on a monitor screen.( AhmadArdity /Pixabay)

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Is the Saylor playbook cracking? Bitcoin's biggest buyer just became a seller

On this episode of CoinDesk's Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by Two Prime Founder and CEO Alex Blume to discuss Bitcoin's range-bound price action, Strategy's accelerating Bitcoin sell-off, and why he's skeptical of the stablecoin consortium behind OpenUSD that knocked Circle lower. In a taped interview from the NYSE floor, Securitize CEO Carlos Domingo breaks down the company's NYSE debut under the ticker SECZ via a SPAC deal, its more than $400 million raise, and its move to tokenize its own common stock on the Solana and Avalanche blockchains. Plus, Lumida CEO Ram Ahluwalia makes sense of the macro picture — from MicroStrategy's shift from Bitcoin's marginal buyer to marginal seller and the bull case for Hyperliquid, to why he sees non-farm payrolls as "noise" under new Fed Chair Kevin Warsh. - Learn more at https://www.bullish.com/. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: https://policy-regulation.coindesk.com/. - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp.

Is the Saylor playbook cracking? Bitcoin's biggest buyer just became a seller

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ビットコインのシャープレシオが2022年以来の最低水準に低下しました。これが意味するところとは何か。

ネガティブな数値の読み取りは、投資家が10年物米国債のようなリスクフリー資産の方が有利であったことを示しています。

A woman studies a spreadsheet on her laptop

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ベテラントレーダーのピーター・ブランド氏は、一部のビットコインを金に換えることを検討していると述べています

ベテラントレーダーのピーター・ブランド氏は、金はビットコインに対して大幅に上昇すると述べました。

(Jakub Żerdzicki/Unsplash)

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Why Markus Thielen says Bitcoin's pain isn't over yet

On today's Markets Outlook, 10x Research Founder and CEO Markus Thielen tells CoinDesk's Jennifer Sanasie why he sees Bitcoin dropping even more before recovery, with $7B in ETF outflows since mid-May and MicroStrategy stepping back as the last real buyer. Plus, why he stays bearish on Ethereum, why he's calling Hyperliquid overvalued, and why nothing turns around until the Fed goes dovish.

Why Markus Thielen says Bitcoin's pain isn't over yet