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U.S. Democratic Sen. Elissa Slotkin said on X that Slotkin voted against a procedural Senate vote to advance deliberations on the CLARITY Act, citing insufficient ethics provisions addressing public officials’ crypto-related conflicts of interest. Slotkin said the current bill does not place adequate limits on crypto-related interests involving President Donald Trump, Trump’s family and administration officials. Slotkin also said stronger national security provisions are needed to block illicit financial flows tied to money laundering, terrorist financing, North Korea and Iran, and added that agencies including the Commodity Futures Trading Commission need stronger oversight authority and sufficient staffing to enforce the bill.

Crypto market maker and trading firm Wintermute appears to have closed part of its short positions and locked in profits after a U.S. Senate procedural vote on the Clarity bill failed, according to Onchain Lens. Onchain Lens said Wintermute’s total short exposure fell to $55.54 million from $102.1 million, while unrealized profit rose to about $2.28 million from roughly $928,000. Its ETH short position also shrank to 7,810 ETH ($18.72 million) from 15,330 ETH ($38.47 million).

Strive CEO Matt Cole said in an interview with Bitcoin Magazine that Bitcoin could deliver average annual returns of about 50% through 2030. Cole said the dollar could face downward pressure if the U.S. Federal Reserve and Treasury intervene to suppress long-term interest rates, which could drive a sharp rise in scarce asset prices. In that scenario, Cole said, Bitcoin could outperform gold.

Ripple CEO Brad Garlinghouse said the outcome of the Senate vote on the Clarity Act was deeply disappointing, but added he remains optimistic about the future of cryptocurrency in the U.S. In a post on X, Garlinghouse said Ripple had made every effort to secure passage of the Clarity Act, describing it as an opportunity not just for Ripple or any single company but for the broader industry, consumers, and the U.S. to strengthen its position as a global crypto hub and a leader in the future of finance. He added, however, that consumers and U.S. competitiveness were ultimately pushed aside and said a post-mortem on the failure is needed. Garlinghouse also said the future of U.S. crypto remains positive, adding that the SEC and CFTC will continue working on rules to fill the legislative gap and that Ripple will actively take part in the rulemaking process.

A cloture vote in the U.S. Senate to advance the CLARITY Act, a bill on crypto market structure, failed, after which Republican Sen. Cynthia Lummis said Democratic senators had shown today they were not genuinely interested in consumer protection or preserving U.S. leadership. In a post on X, Lummis said Democrats shifted their demands during negotiations with Senate Democrats for more than a year and changed the terms as soon as Republicans met those demands. Lummis also said Democrats voted against U.S. leadership and handed overseas competitors, including China, what they wanted. Lummis further argued Democrats once again put politics ahead of the American people and yielded to what Lummis described as a radical socialist base, calling the Democratic Party anti-American. Meanwhile, Crypto In America host Eleanor Terrett said Cynthia Lummis, whom Terrett described as a key architect of the CLARITY Act, did not speak with reporters immediately after the vote.

A digital-yield ETF from OranjeBTC, a Brazilian listed company focused on a Bitcoin strategic reserve, has begun trading on Brazil’s B3 exchange, according to Crypto Briefing. The fund, DIGY11, invests in Strategy’s Bitcoin-linked preferred stock STRC and Strive’s perpetual preferred stock SATA, with an initial portfolio allocation of 95% to STRC. The product does not hold Bitcoin directly and targets an annual yield of around 18%.

The three major U.S. stock indices closed lower today. - S&P 500: -0.45% - Nasdaq: -0.78% - Dow Jones: -0.63%

After a cloture vote to advance the CLARITY Act failed on the U.S. Senate floor, Democratic Sen. Angela Alsobrooks said the bill would not be derailed, according to Eleanor Terrett, host of the U.S. podcast 'Crypto in America.' Alsobrooks added, "7000만 명이 넘는 미국인이 규제되지 않는 산업에 참여하고 있다. 우리에게는 이를 규제할 책임이 있다" and argued Republican leaders forced today’s vote while refusing to hold President Donald Trump accountable over what Alsobrooks described as corruption in the crypto industry. Alsobrooks said Republicans were playing political games. In May, Alsobrooks was one of two Democratic senators on the Senate Banking Committee who voted to move the CLARITY Act to the full Senate for debate, but voted against it in this round.

The failure of a vote on the CLARITY Act was not surprising, U.S. Republican Sen. John Kennedy said, according to Eleanor Terrett, host of the U.S. podcast Crypto In America. Kennedy added he did not think the bill was completely dead, but said the issue may have to wait until the end-of-term congressional session. U.S. Sen. Ted Cruz also invoked the film 'The Princess Bride,' saying there is a big difference between dead and mostly dead and expressing hope the CLARITY Act would come back. Cruz also stressed Democrats were using political tactics and pushing cryptocurrency activity and jobs overseas.

Whale Alert reported that 105,148 ETH has been transferred from an unknown wallet to Coinbase. The transaction is valued at about $253 million.

Bitcoin.com has launched a tokenized U.S. stocks and ETF service for eligible users in the United States. The service is provided by securities token platform Dinari, giving users direct access to the assets through the Bitcoin.com Wallet. A total of 724 stock tokens are available for trading, including all S&P 500 constituents. Bitcoin.com said users can search stocks and ETFs, access market data, place trades and manage portfolios without leaving its existing service.

Circle shares fell more than 11% after a cloture vote to advance the CLARITY Act failed on the U.S. Senate floor. CRCL was recently trading at $87.04, down 10.78%.

According to CoinNess market monitoring, BTC has risen above $76,000. BTC is trading at $76,003.32 on the Binance USDT market.

XRP has risen by 2.59% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.33.

ZEC has risen by 3.15% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $1,122.29.

Major exchanges have seen $275 million worth of futures liquidated in the past hour. In the past 24 hours, $755 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has fallen below $75,000. BTC is trading at $74,967.99 on the Binance USDT market.

Major exchanges have seen $166 million worth of futures liquidated in the past hour. In the past 24 hours, $653 million worth of futures have been liquidated.

XRP has fallen by 2.56% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.3.

XLM has fallen by 3.53% in the past five minutes on the COINNESS market. Currently, XLM is trading at $0.18.

XRP has fallen by 2.89% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.32.

According to CoinNess market monitoring, BTC has fallen below $76,000. BTC is trading at $75,944.89 on the Binance USDT market.

XRP has fallen by 2.74% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.36.

Carolyn Wilkins, a member of the Bank of England’s Monetary Policy Committee, said stablecoins could reinforce U.S. dollar dominance and increase demand for U.S. Treasuries, Cointelegraph reported. In a recent university speech, Wilkins said dollar-denominated stablecoins could facilitate global payments and expand access to dollar-denominated assets outside the United States. Wilkins also warned of risks, saying large-scale stablecoin redemptions could force issuers to sell sizable holdings of U.S. Treasuries to raise cash for customer payouts, which could destabilize markets and amplify financial-market volatility. Wilkins added the development of the stablecoin market carries important implications not only for the crypto industry but also for the international monetary system and financial markets.

Solana-based DeFi lending protocol Kamino has hired Yieldstreet co-founder Michael Weisz as CEO, CoinDesk reported. Kamino plans to deepen ties with Wall Street financial firms and expand tokenized real-world asset-backed lending services, including blockchain-based mortgage loans. To support the push, the company is working to establish a New York headquarters and plans to hire a chief financial officer and a legal chief.