[News Brief] Apr 22, morning | Senator Lummis Says "The U.S. Will Have the CLARITY Act"

Senator Lummis Says "The U.S. Will Have the CLARITY Act"

U.S. Senator Cynthia Lummis said, “I believe we can get the CLARITY Act through,” adding, “The United States will have the CLARITY Act.”

The CLARITY Act is a bill designed to organize the regulatory framework for the U.S. digital asset market and clarify supervisory authority, and the industry is closely watching whether it will reduce regulatory uncertainty.

Central Bank Officials Warn AI Asset Bubble Could Trigger Global Financial Crisis

Central bank officials have warned that an AI-related asset bubble could soon trigger a global financial crisis, according to Watcher.Guru.

Amid expanding AI investment and soaring valuations of related companies, concerns are growing over the possibility of overheating across financial markets.

Hyper Foundation Allocates About $10 Million in Grants to Support Developers Affected by USDH Shutdown

Hyper Foundation has allocated about $10 million in grants to support developers affected by the shutdown of USDH.

According to Wu Blockchain, the funding is intended to cover migration and service termination costs. Eligible recipients include HIP-1 and HIP-3 deployers, HyperEVM protocols, the USDH:USDC bridge, and native markets.

To receive the grants, applicants must complete USDH-related migrations or orderly shutdown procedures by the end of July. The measure is intended to reduce the burden on ecosystem developers resulting from the end of USDH support.

1,517 BTC Moved From Kraken to Unidentified Wallet

Whale Alert reported that 1,517 BTC was transferred from Kraken to an unidentified wallet.

The transfer was worth about $90.44 million. Large withdrawals from exchanges to external wallets can be interpreted as custody-related transfers or a sign of easing sell pressure, though the actual purpose has not been confirmed.

Samson Mow Says Bitcoin Bottom Is Already In, 4-Year Halving Cycle Weakening

Samson Mow argued that Bitcoin’s bottom has already formed and that the traditional four-year halving cycle is weakening, PANews reported, citing CoinDesk.

Mow pointed to Bitcoin reaching an all-time high before the April 2024 halving and institutional inflows through spot ETFs as evidence that market structure has changed. He said the practice of identifying tops and bottoms based solely on past halving cycles should be reconsidered.

However, market views remain divided. 10x Research’s Markus Thielen suggested Bitcoin’s bottom could form around $55,000, while Arthur Hayes forecast a decline to as low as $40,000 in the coming months. CoinDesk analyst James Van Straten said long-term indicators still point to room for further downside.

GoMining Mines Bitcoin Block Using Stratum V2 'Job Declaration' Feature

GoMining, together with the DMND mining pool, mined a Bitcoin block using Stratum V2’s 'job declaration' feature, according to Wu Blockchain.

This approach allows miners, rather than pools, to construct block templates directly and prioritize GoBTC Pay transactions. GoMining said the case demonstrates the potential for miner-led block construction and broader adoption of Stratum V2.

predict.fun Launches World Cup Round-of-32 Prediction Event

According to Odaily, predict.fun has officially launched its World Cup Round-of-32 tournament prediction event and updated the operating format of the Predict Cup.

The platform said it will open 11 prediction markets for each match and expand Fan Points rewards. More than $1.1 million remains in the prize pool, and rewards will be distributed after each tournament match concludes.

predict.fun said it aims to boost user participation by expanding prediction markets and strengthening rewards in line with the start of the tournament.

Solana Meme Coin ANSEM Briefly Surpasses $100 Million Market Cap

Odaily, citing GMGN data, reported that the market capitalization of Solana ecosystem meme coin ANSEM briefly surpassed $100 million before pulling back to around $99 million.

ANSEM rose more than 19,000% intraday. As meme coins are highly volatile and strongly influenced by market sentiment and thematic buying, investors should exercise caution.

Elon Musk Turns 55

According to Watcher.Guru, Elon Musk celebrated his 55th birthday.

This item concerns a personal milestone and does not directly affect the cryptocurrency market.