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Bitcoin price stalls below $63K as rising oil and CPI cloud outlook

Bitcoin price has stabilized near $62,500 after a weekend plunge below $62,000, while renewed U.S.-Iran hostilities and an oil surge have kept analysts cautious before U.S. inflation data. Summary Bitcoin price held around $62,500 as traders weighed Trump’s Strait of Hormuz blockade ahead of the U.S. CPI report. Technical indicators show resistance near $63,100-$64,700, while…

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Robinhood Chain generates $843K, pays Ethereum just $1.6K

Robinhood Chain has renewed debate over how much value Ethereum captures from Layer 2 networks. Summary Robinhood Chain generated $843,000 in fees while paying Ethereum about $1,600 for settlement and availability. Critics say the revenue gap weakens Ethereum’s value capture despite rising activity across Layer 2s. Supporters argue Robinhood’s tokenized stocks could bring millions of…

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CLARITY Act gets new police backing before August deadline

The Digital Asset Market Clarity Act has secured support from a second law enforcement organization before a Senate push.  Summary FLEOA backed the CLARITY Act while requesting tighter accountability rules for decentralized finance platforms nationwide. The endorsement follows NOBLE’s support, giving the bill two major law enforcement backers before recess. Senators face an August deadline…

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