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CLARITY Act faces ethics showdown as David Nage eyes July vote
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The CLARITY Act has advanced toward a potential July Senate vote, though negotiations over conflict-of-interest provisions continue to divide lawmakers.

According to David Nage, managing director and portfolio manager at Arca, discussions with Senate offices and staff members in Washington left him convinced that most of the work surrounding crypto market structure legislation has already been completed.

In a recent report, Nage wrote that the industry and policymakers are roughly “80–85%” aligned on the substance of the bill despite public disagreements that continue to generate headlines.

The legislation, formally known as the Digital Asset Market Clarity Act, has already secured bipartisan support in committee and now awaits further Senate consideration. While several procedural steps remain, Nage argued that the primary obstacle is no longer market structure policy itself.

CLARITY Act faces ethics showdown as David Nage ey

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XRP hit $1.26 target after holding the $1.14 support zone EGRAG says $1.19 must hold to keep bullish structure intact Losing $1.14 could weaken XRP and reopen downside pressure XRP Price delivered a t

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$XRP is trading at $1.21, down 4.14% in 24 hours, underperforming the broader crypto market. On the weekly chart the token continues to hold the critical $1.13 support level that has contained selling

$XRP is trading at $1.21, down 4.14% in 24 hours, underperforming the broader crypto market. On the weekly chart the token continues to hold the critical $1.13 support level that has contained selling pressure through the current bear market. The larger bearish trend has not yet reversed and no structural confirmation of a bottom has arrived.

The Pattern Forming on the Four Hour Chart

A double bottom pattern, also known as a W pattern, is developing on the four-hour $XRP chart at a resistance zone between $1.18 and $1.19. $XRP is currently struggling to close convincingly above that level, producing candles that briefly push through but fail to hold.

The same double bottom pattern has already played out and confirmed on Bitcoin’s chart. $XRP is lagging behind, still at the potential breakout point while Bitcoin has already cleared its equivalent resistance and moved toward the next target. That lag is consistent with the broader pattern of major altcoins following Bitcoin’s price action with a delay.

Important Levels

A confirmed breakout above $1.19 with sustained closes above that level would technically target approximately $1.29, representing a 9% to 10% move from the breakout point. Resistance along the way sits at approximately $1.24, which would likely slow any rally before the $1.29 target is reached.

If $XRP breaks out but then falls back below $1.18, that would invalidate the pattern and the associated price target entirely. The $1.13 weekly support remains the floor that must hold to keep the broader structure intact.

Underperformance Warning

Analysts say that $XRP has been consistently underperforming Bitcoin during the current recovery. Even if the double bottom confirms and the breakout occurs, $XRP may not generate the same percentage return as Bitcoin’s equivalent move or Solana’s recent breakout. The pattern provides a directional trade setup but the magnitude of any move should be calibrated to $XRP’s current relative weakness rather than as

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BitcoinWorldGrayscale: US Block on Anthropic AI Model Boosts Demand for Decentralized Alternatives

Grayscale, a leading digital asset management firm, has suggested that the U.S. government’s recent decision to restrict access to Anthropic’s latest AI model is accelerating interest in decentralized artificial intelligence projects such as Bittensor (TAO). The development highlights growing tensions between centralized AI control and the push for open, permissionless alternatives.

Background: The Anthropic Model Restriction

On June 12, the U.S. government blocked access to Anthropic’s Mythos-level AI models for foreign nationals, citing national security concerns. The move effectively limits who can use one of the most advanced AI systems currently available, concentrating its availability within a narrow group of approved users. Zach Pandl, head of research at Grayscale, explained that this case underscores how advanced AI technology is increasingly controlled by a small number of governments and corporations.

Grayscale’s Analysis: Centralization vs. Decentralization

In a research note, Pandl drew a direct parallel between the current state of AI and the early days of digital currency. He stated that Bittensor, which operates a decentralized network for AI development and access, is to artificial intelligence what Bitcoin is to digital currency. The platform aims to provide permissionless access to AI tools and models, removing the gatekeeping role played by centralized labs and governments.

Pandl noted that the price of TAO, the native token of the Bittensor network, rose approximately 30% within 12 hours of the announcement restricting the Mythos model. This market reaction, he argued, signals that investors and developers are increasingly viewing decentralized AI networks as a hedge against centralized control.

Market Implications and Indus

BitcoinWorldGrayscale: US Block on Anthropic AI Mo

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TrueFi ( $TRU ) shows bullish momentum as liquidity deepens at the $0.12 support zone, while AI Bitcoin ( $AIXBT ) reclaims the $0.45 resistance, indicating growing investor confidence in AI driven cr

BCH的日线从207拉到231再回到224，成交量1500万。BCH作为大区块版比特币，定位点对点现金。在日本和部分商家里还有接受度，社区活跃度高。210到220区间轻仓建仓，大跌风险不大，大涨空间可期。BCH还活着，活得还不错，欢迎评论区讨论。

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