By a single vote! The landmark digital currency bill failed to pass the U.S. Senate.
The U.S. Senate rejected a landmark crypto‑regulation bill, sending Bitcoin plunging 5.3% to $74,910, Ethereum down more than 8%, and Coinbase tumbling 12%. With hundreds of millions of dollars in industry lobbying efforts coming to naught and the regulatory vacuum persisting, coupled with rising U.S. Treasury yields tightening liquidity, the crypto market is facing a double whammy from both macroeconomic headwinds and policy uncertainty.
Barclays raises price target for Strategy to $160
Barclays raised Strategy's price target from $125 to $160, while maintaining an "Overweight" rating. (Gelonghui)
Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching
Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act's failure in the Senate and growing expectations of an interest-rate hikeCryptocurrency24-Hour Gains +/-Price (
Express News | a16z Crypto Managing Partner: The outcome of the Senate’s procedural vote on the CLARITY Act is disappointing, but the fundamentals of the crypto industry remain strong.
On September 16, Chris Dixon, Managing Partner at a16z Crypto, posted on X stating that although he was disappointed with the outcome of today's Senate vote, this does not change the fact that the fundamentals of the crypto industry are stronger than ever. Billions of dollars in capital are moving on-chain, leading payment companies and financial institutions are adopting blockchain technology, and entrepreneurs around the world are continuously developing new financial products to drive capital into the internet era. Our work in Washington, D.C. is far from over. We will continue to advocate for clear regulatory frameworks that protect consumers while providing entrepreneurs with the space to innovate and build.
Express News | Senate Fails to Advance CLARITY Act; Warren Cites $1.4 Billion in Crypto Profits by Trump Family
On September 16, U.S. Senator Elizabeth Warren delivered a speech lasting over ten minutes in the Senate, urging lawmakers to vote against the CLARITY Act. She stated that Trump and his family earned $1.4 billion from cryptocurrency businesses in 2025 alone, surpassing the annual revenue of any publicly listed crypto company in the United States last year. Investors in these crypto projects lost billions of dollars, with meme coin buyers suffering losses of nearly $4 billion. The Senate failed to pass the procedural vote on the bill by a margin of 49 to 50, falling 11 votes short of the 60 required to commence debate, with no Democrats voting in favor of advancing the legislation. Warren argued that the act would exacerbate Trump's corruption and criticized the ethical provisions negotiated between Republicans and the White House as a "flimsy fig leaf," asserting they would not prevent Trump from continuing to profit from cryptocurrencies. Warren further stated that the bill would create significant loopholes in securities laws that have stood for nearly a century, allowing non-crypto companies to tokenize assets to evade investor protections, and permitting banks to use customer deposits for crypto lending, trading derivatives, operating nodes, and selling related software.
Express News | Lummis: Democrats “chose politics over the American people,” ceding U.S. crypto leadership to overseas competitors
On September 16, U.S. Senator Cynthia Lummis, a primary drafter of the CLARITY Act, issued a statement after the bill failed to advance, accusing Senate Democrats of "never taking seriously the protection of consumers and the maintenance of U.S. leadership." Lummis stated that she had been negotiating with Democratic lawmakers over the past year, but that Democrats kept raising new demands and "continuously shifting their goals" even after Republicans met their initial requirements. She noted that Democrats voted against limiting personal cryptocurrency investments by political figures and also opposed measures designed to protect consumers from scams and fraud targeted by the legislation. Lummis further accused Democrats of "choosing politics over the American people," arguing that this move would cede U.S. leadership in the digital asset sector to overseas competitors and could prompt some cryptocurrency firms to relocate abroad. She also leveled a series of criticisms against the Democrats, labeling them as "anti-consumer, supportive of illegal finance, and opposed to corporate freedom."
Strategy Options Spot-On: On September 15th, 357.93K Contracts Were Traded, With 2.74 Million Open Interest
On September 15th ET, $Strategy(MSTR.US)$ had active options trading, with a total trading volume of 357.93K options for the day, of which put options accounted for 49.31% of the total transactions,
Strategy Stock Slides as Bitcoin Falls After Senate Rejection
Strategy Inc. (NASDAQ:MSTR) shares are trading lower Tuesday as Bitcoin declines following reports that Senate Republicans rejected a Democratic counteroffer on the CLARITY Act ahead of a key
Express News | 50:50 Conclusion | Progress on the CLARITY Act Stalled; Bill Not Passed
On September 16, the Senate vote on the CLARITY Act concluded with a 50–50 tally—falling short of the 60 votes required for passage—and the bill was not adopted. This outcome means that, for now, the CLARITY Act cannot proceed to formal consideration in the Senate; it does not signify the bill's permanent demise, nor does it amount to a final rejection. Rather, it indicates that the Senate was unable to conclude the procedural debate on whether to move forward with consideration, leaving the bill temporarily unable to advance to subsequent amendment discussions.
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Stocks to Watch: UBS, Dave & Buster's, Coinbase -- WSJ
By WSJ Staff UBS (CH:UBSG), Deutsche Bank (XE:DBK), UniCredit (IT:UCG): Shares of European banks retreated as global bond yields continued to push higher, in a sign that investors are growing
Intel, Sandisk, Palantir, Coinbase, and More Stocks That Explain Today's Market -- Barrons.com
By George Glover Stock futures were falling on Tuesday as a rally in oil prices drove the 10-Year Treasury yield to its highest level in more than 19 years. Chip and memory stocks were edging higher,
Stock Market Today: S&P 500, Dow and Nasdaq Futures Face Pressure as Brent Nears $108 and FOMC Commences Two-Day Meet— MSTR, CRWD, BMM in Focus
U.S. stock futures declined Tuesday as the Dow Jones, S&P 500 and Nasdaq 100 indices fell following Monday's lower close.The Federal Open Market Committee's two-day meeting will commence, with all
Barclays Maintains Strategy(MSTR.US) With Buy Rating, Raises Target Price to $160
Barclays analyst Nik Cremo maintains $Strategy(MSTR.US)$ with a buy rating, and adjusts the target price from $125 to $160.According to TipRanks data, the analyst has a success rate of 46.7% and a
The CLARITY Act Fails to Clear a Key Voting Threshold, Hindering Legislative Progress
Tao Zhu, Jinse FinanceUpdate: In the early hours of the 16th (Beijing Time), the U.S. Senate concluded its vote on the procedural motion for the CLARITY Act. The measure failed to pass with 49 votes
US Stock Market Update | CLARITY Act to Face Procedural Vote; Crypto-Related Stocks Drop in Pre-Market Trading
Gelonghui, September 15 | Cryptocurrency-related stocks broadly declined in pre-market trading: Canaan fell 5%, Coinbase and Strategy dropped 4.5%, Bit Digital, Riot Platforms, and MARA Holdings
The CLARITY Act faces a crucial vote tonight after a year of maneuvering, with uncertainty over whether it can clear the 60-vote threshold.
Tao Zhu, Jinse FinanceAbstract: With a vote on the CLARITY Act imminent, this article outlines the evolution of the legislation from its inception to the upcoming vote.I. The CLARITY Act Faces a
MicroStrategy (MSTR.US) repurchased $950 million worth of STRC (STRC.US), with Bitcoin accumulation accounting for only a fraction of this amount.
Since July 20, MicroStrategy has spent $950 million to repurchase STRC preferred shares—more than twice the amount it spent on Bitcoin during the same period. Despite holding 845,000 Bitcoins, short-
U.S. Democrats oppose the Republican Party's latest revised version of the CLARITY Act and are preparing to introduce a counterproposal.
PANews reported on September 15, citing Cointelegraph and Politico, that Senate Democrats involved in the crypto market‑structure bill are preparing to introduce a counterproposal to the Republicans' latest revised version of the Clarity Act—despite Republican lawmakers calling it the "final, best, and last offer" to Democrats when they unveiled it on September 13. On September 14, Democrats convened at the office of Senate Minority Leader Chuck Schumer, with some still expressing dissatisfaction over the cryptocurrency‑related ethical provisions in the latest draft. Senator Mark…
U.S. Representative Emmer: Expresses "concern" over the amendments to BRCA in the CLARITY Act.
Foresight News reports that, according to crypto journalist Eleanor Terrett, U.S. House Majority Whip Tom Emmer said during a speech at the Solana Policy Institute summit that he is "concerned" about the amendments to the Blockchain Regulatory Certainty Act (BRCA) within the CLARITY Act. "I don't like the fact that you're essentially giving up the criminal safe harbor, and I'm genuinely worried that prosecutors across states will broadly turn this into a weaponized tool."