Anthropic · OpenAI · Dario Amodei · CLARITY Act · US Senate · Cointelegraph
The August release of the Consumer Price Index (CPI), came in at 3.4% year-on-year and met expectations
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
In response, traders doubled down on bets that the Federal Reserve would raise interest rates by 0.25% at its Sept. 16 meeting.
Key facts
- At the end of the week, Bitcoin (BTC) is down 4% to trade at $76,800, Ethereum (ETH) is down 1.4% to trade at $2,478 and XRP (XRP) is down 5.6% to $1.34
- Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are Venice Token (VVV) with a 26.2% gain, Falcon Finance (FF) on 20.4%, and Filecoin (FIL) on 17.2%
- The spot Bitcoin (BTC) ETFs logged $282.6 million in net outflows on Thursday, marking the largest net outflow since the $424.7 million outflow recorded on July 13, according to SoSoValue data
- The top three altcoin losers of the week are Pons (PONS) which was down 33.7%, Arbitrum (ARB) down 29.6% and Dash (DASH) down 25.2%
Summary
Crypto’s moment of CLARITY finally arrives with a key Senate vote on Tuesday. The CLARITY act heads for a crucial Senate vote on September 15, with Politico reporting that Democrat senators were called to a meeting on Sunday by Minority Leader Chuck Schumer to discuss their position. The bill has now doubled in size to more than 630 pages since the first draft was released in May 2025. President Donald Trump reportedly met with advisors late last week to discuss whether he’d agree to further curbs on his multi billion dollar crypto empire. A new 635 page version of the bill landed today, including “new, White House-blessed government ethics language covering federal officials’ engagements with digital assets” according to Politico.