U.S. Senator Elizabeth Warren delivered a speech in the Senate lasting over 10 minutes, calling for a vote against the CLARITY Act. She stated that Trump and his family profited $1.4 billion from the crypto business in 2025 alone, exceeding the revenue of any publicly listed crypto company in the U.S. last year, and that buyers of his crypto projects lost billions of dollars, with meme coin buyers losing nearly $4 billion.The Senate failed to pass the procedural vote with a result of 49-50, falling short by 11 votes of the 60 needed to begin debate, with no Democrats voting to advance it. Warren claimed that the bill would exacerbate Trump's corruption and criticized the ethical terms negotiated by the Republicans with the White House as a "tiny fig leaf," stating that it would not prevent Trump from continuing to profit from crypto.Warren also stated that the bill would create a huge loophole in nearly a century of securities law, allowing non-crypto companies to put assets on-chain to evade investor protections, and enabling banks to use customer deposits for crypto lending, trading derivatives, operating nodes, and selling related software.
The U.S. Senate concluded the cloture vote on the CLARITY Act (H.R. 3633), with the final result being 49 votes in favor and 50 votes against, failing to reach the 60 votes required to advance the bill, and the motion was declared unsuccessful.Delaware Democratic Senator Coons was absent and did not participate in the vote.
Swiss Bitcoin hardware wallet manufacturer BitBox announced that any BitBox hardware wallet user can create a Lightning Network hot wallet within the mobile BitBoxApp, allowing them to recharge directly from on-chain balances and pay invoices without switching between multiple apps, wallets, or third-party services. This Lightning wallet is derived from the user's existing BitBox backup, eliminating the need to record new mnemonic phrases, while the two wallets remain independent.The Lightning Network side operates as a hot wallet, aimed at small and everyday payment scenarios such as coffee, invoices, and quick transfers, while long-term savings are still managed by the hardware device. Within the BitBoxApp, users can scan and pay Lightning invoices, send and receive Bitcoin, obtain a dedicated Lightning address, recharge from the on-chain wallet, and transfer funds back again.This feature is built on the Breez SDK, making BitBox one of Breez's over 100 integrated partners. It is supported by Spark, allowing users to operate without running nodes, opening channels, or managing liquidity, with funds always kept under the user's control. Breez launched the developer app Glow in August to help developers understand how Lightning wallets operate and build their own products.
According to Catcher Predict monitoring, in the market prediction event "Ethereum September Price Prediction" on Polymarket, the "Yes" option for the sub-market "Breakthrough $2,600" has experienced significant fluctuations in winning probability, soaring from 50% an hour ago to the current 73.5% (a fluctuation of 23.5%). Please note the impact of related breaking news.
Odaily News: BitcoinTreasuries.NET posted on X that OranjeBTC (OBTC3) has launched DIGY11, the world's first bitcoin-backed digital credit-themed ETF, on B3, Brazil's largest stock exchange. The ETF targets an annual yield of approximately 18%, paid monthly.
Odaily News: A Fox Business crypto reporter posted on X that U.S. Senator John Kennedy said he was "not surprised" by the failed vote on the Clarity Act, but does not believe the bill is dead. John Kennedy said Democratic colleagues understand the need to develop a crypto market structure that looks intentionally designed, but the work will have to wait until the lame-duck session.
U.S. Senator Ted Cruz, citing the film "The Princess Bride," said there is a big difference between the bill being "dead" and "mostly dead," and hopes it will be brought back to life. Ted Cruz blamed Democrats for the failed vote, saying they are "playing politics" and pushing crypto industry activity and jobs overseas.
Anthropic CEO Dario Amodei and Salesforce CEO Marc Benioff stated that the application of artificial intelligence in enterprises is still in its early stages and requires more support to unlock the value of AI. Dario mentioned that currently, only about 5%-10% of the actual value of AI technology in the economy is being utilized.
Odaily News: Sui posted on X that over $1.5 trillion in Bitcoin sits idle because using Bitcoin typically means handing it over to someone else. Hashi will change this by keeping Bitcoin on the Bitcoin network while opening up financial services on Sui; the Hashi mainnet is launching soon.
Odaily News: A Fox Business crypto reporter posted on X that several Democratic senators, including Gillibrand, Warner, Booker, Warnock, Gallego, and Cortez Masto, voted against the Clarity Act. These senators had been involved in negotiations over the bill for months, and attention is now focused on Sen. Alsobrooks' vote.
Odaily News: Digital asset platform Bitcoin.com has launched tokenized US stocks and ETF services for eligible users in the United States. The service is provided by tokenized securities infrastructure company Dinari, and users can access the relevant assets directly through Bitcoin.com Wallet.
Dinari offers tokenized US stocks and ETFs through dShares, currently supporting 724 assets, including all constituents of the S&P 500 Index. Each dShare is directly linked to the corresponding US security held by a licensed custodian.
Bitcoin.com is the first partner to deploy the Dinari Embedded Trading App, allowing users to browse stocks and ETFs, obtain market data, execute trades, and manage portfolios without leaving the existing product. The infrastructure also supports integration by brokerages, wallets, and fintech platforms. (Bitcoin.com News)
Odaily News: The U.S. Senate failed to advance the CLARITY Act as the motion to end debate fell short of the required 60 votes; the roll call vote is still ongoing, with the current tally at 47-47.
Elon Musk stated that the Starlink V3 constellation will begin deployment this month, and the bandwidth ultimately provided will exceed more than 100 times that of the current constellation of 11,000 satellites.
Odaily News: A Fox Business crypto reporter posted on X that Clarity Act author @SenLummis is lobbying for votes, urging Democrats to vote to advance the bill after Republicans made major concessions on ethics rules and other provisions. The reporter said that, based on their previous post, bipartisan negotiations appear to have ended abruptly.
Odaily News: Solana lending protocol Kamino announced the appointment of Yieldstreet co-founder Michael Weisz as CEO and plans to establish its headquarters in New York. Kamino currently manages $1.4 billion in assets.
Kamino plans to expand its lending business for tokenized real-world assets, covering blockchain-based home equity loans, and strengthen ties with Wall Street institutions.
Kamino said the platform has processed over $650 billion in cumulative transaction volume over the past four years; its PRIME lending market surpassed $600 million in deposits 107 days after launch. (CoinDesk)
The Congressional Budget Office (CBO) stated that the Trump administration spent approximately $38 billion in the 5 months leading up to the war with Iran. The CBO predicts that the war will drive up inflation levels in the United States, with inflation indicators in early 2027 expected to be 0.5 percentage points higher than previously forecasted.The ammunition stockpiles consumed by the war may take over 5 years to replenish, affecting the United States' ability to respond to other conflicts.
Odaily News: Carolyn Wilkins, a member of the Bank of England (BoE) Financial Policy Committee, said that the growth of dollar stablecoins could reinforce the dollar's global dominance and increase demand for US Treasuries. Speaking at Queen's University Belfast, she noted that dollar stablecoins can facilitate cross-border settlement and expand access to dollar assets outside the United States.
Tether's USDT and fintech company Circle's USDC held nearly $150 billion in US Treasuries as of the end of 2025 and bought about $33 billion that year. Wilkins pointed out that large-scale stablecoin redemptions could force issuers to sell Treasuries, thereby amplifying volatility in stressed markets.
Total stablecoin circulation now exceeds $300 billion, with 98% of its value pegged to the dollar. Wilkins said this gives the dollar a significant first-mover advantage, and the development of the stablecoin market has implications beyond the cryptocurrency sector.
The development of pound sterling stablecoins has been relatively slow. The UK Financial Conduct Authority has tested potential issuers through a dedicated regulatory sandbox and finalized UK stablecoin issuance rules in June; the BoE has also tested the feasibility of using stablecoins together with a simulated digital pound for cross-border trade payments. (Cointelegraph)
Carolyn Wilkins, a member of the Bank of England (BoE) Monetary Policy Committee, stated that the growth of dollar stablecoins may reinforce the global dominance of the dollar and increase the demand for U.S. Treasury bonds. She pointed out during a speech at Queen's University Belfast that dollar stablecoins can facilitate cross-border settlements and expand access to dollar-denominated assets outside the United States.Stablecoin issuer Tether's USDT and fintech company Circle's USDC held nearly $150 billion in U.S. Treasury bonds by the end of 2025, purchasing about $33 billion that year. Wilkins noted that large-scale stablecoin redemptions could force issuers to sell Treasury bonds, thereby amplifying volatility in pressured markets. Currently, the total circulation of stablecoins has exceeded $300 billion, with 98% of their value pegged to the dollar. Wilkins stated that this gives the dollar a significant first-mover advantage, and the development of the stablecoin market has implications beyond the cryptocurrency sector.The development of pound stablecoins is relatively slow. The UK's Financial Conduct Authority has tested potential issuers through a dedicated regulatory sandbox and finalized the UK's stablecoin issuance rules in June; the Bank of England has also tested the feasibility of using stablecoins alongside a simulated digital pound for cross-border trade payments.
David Bailey, CEO and Chairman of Nakamoto Holdings, stated during a discussion hosted by investment bank TD Cowen that artificial intelligence could become the next engine driving Bitcoin adoption. He believes that the barriers to Bitcoin adoption have always been the interface rather than the asset itself; wallets, addresses, private keys, and the overall onboarding process have deterred mainstream users over the past decade, while AI-driven tools can abstract away this complexity, making it easier for ordinary individuals and institutions to use Bitcoin.TD Cowen analyst Lance Vitanza described this viewpoint as speculative but worth noting, suggesting that it shifts the adoption discussion away from traditional topics such as monetary policy, regulation, and institutional capital inflows. Bailey also mentioned that institutional adoption of Bitcoin is just beginning, with the changes brought about by spot ETFs, corporate treasury programs, and sovereign-level interest in the past year exceeding the total of the previous decade, and the opportunities ahead remain far greater than what has already been captured.When asked whether Bitcoin is reshaping traditional finance, Bailey firmly believes the answer is yes, as institutions, governments, and publicly traded companies are participating on a large scale, but the underlying properties of Bitcoin have not changed as a result. Nakamoto positions itself as a comprehensive Bitcoin platform covering media, conferences, education, asset management, consulting, and reserve business, and TD Cowen has given Nakamoto Holdings (NASDAQ: NAKA) a buy rating.
According to Catcher Predict monitoring, in the market prediction event "Bitcoin September Price Prediction" on Polymarket, the "Yes" option for the sub-market "Above $77,500" has experienced significant fluctuations in winning probability, soaring from 50% an hour ago to the current 86% (a fluctuation of 36%). Please note the impact of related breaking news.
