Bitcoin tops $72K, Trump backs CLARITY, SEC unveils crypto rules | Weekly recap

cryptonews08-22 15:35

In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY...

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Bitcoin surged from about $64,100 to more than $72,000 as liquidations across major crypto derivatives exchanges exceeded $3 billion on Aug. 19 and 20. Short positions accounted for approximately $2.77 billion, or 92%, of the forced closures.Trump urges Congress to approve a fair CLARITY Act. Trump called for a “fair version” of the CLARITY Act during an Aug. 19 White House event attended ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETHA":"以太坊ETF-iShares","EETH":"以太币期货ETF-ProShares","09439":"嘉实比特币-U","BKCH":"AdvisorShares Sabretooth ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","BTF":"比特币&以太币期货ETF-CoinShares","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","QSOL":"Invesco Galaxy Solana ETF","ETTY":"Amplify Ethereum 3% Monthly Option Income Etf","BTYB":"VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF","STCE":"Schwab Crypto Thematic ETF","BSOL":"Bitwise Solana Staking ETF","ETH":"低成本以太坊ETF-Grayscale","09008":"博时比特币-U","OOQB":"One+One Bitcoin and Ether ETF","FETH":"以太币ETF-Fidelity","BETE":"等权重比特币&以太币期货ETF-ProShares","QETH":"以太坊ETF-Invesco Galaxy","IBIT":"比特币ETF-iShares","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","SOLM":"Amplify Solana 3% Monthly Option Income ETF","SOLX":"T-REX 2X Long SOL Daily Target ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","ETHE":"最大以太坊ETF-Grayscale","ETHD":"ProShares UltraShort Ether ETF","GSOL":"Grayscale Solana Trust ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","ARKY":"ARK Active Autocallable Income ETF","XRP":"Bitwise XRP ETF","DAPP":"VanEck Digital Transformation ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","ETHW":"以太坊ETF-Bitwise","YETH":"Roundhill Ether Covered Call Strategy ETF","BITW":"Bitwise 10 Crypto Index ETF","EZET":"以太坊ETF-Franklin","SSS":"Cyber Hornet S&P 500 and Solana 75/25 Strategy ETF","ETHV":"以太坊ETF-VanEck","ETHU":"2倍以太币期货ETF-Volatility Shares","SSK":"Rex-Osprey SOL + Staking ETF","DIME":"CoinShares Altcoins ETF","SLON":"ProShares Ultra Solana ETF","BETH":"比特币&以太币期货ETF-ProShares","GDLC":"Grayscale CoinDesk Crypto 5 ETF","09042":"华夏比特币-U"},"translate_title":"比特币突破 7.2 万美元，特朗普支持澄清，美国证券交易委员会公布加密货币规则 | 每周回顾","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DIME":1.5,"TEKX":1.5,"BITQ":1.5,"ETHA":0.9,"SOLM":0.9,"QETH":0.9,"ETHV":0.9,"ETHW":0.9,"YETH":0.9,"CRPT":1.5,"BTYB":1.5,"EZET":0.9,"EETH":0.9,"ARKY":0.75,"ETHD":0.8,"QSOL":0.75,"ETHU":0.9,"DAPP":1.5,"OOQB":1.5,"BETH":0.9,"GSOL":0.89,"XRP":0.75,"ETTY":0.75,"IBIT":1.5,"ETU":0.9,"NCIQ":1.5,"STCE":1.5,"GDLC":1.5,"BITW":1.5,"09439":1.5,"BSOL":0.89,"SSS":0.75,"09042":1.5,"FETH":0.75,"SSK":0.89,"ETHE":0.9,"BETE":0.9,"LFGY":1.5,"SOLX":0.89,"09008":1.5,"BTF":0.9,"BKCH":1.5,"SLON":0.89,"ETH":0.9},"content_text":"In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY Act, and the SEC proposed new crypto offering exemptions covering raises of up to $75 million.\n\n\nSummary\n\n\n\nBitcoin crossed $72,000 as more than $3 billion in leveraged positions were liquidated.\nTrump urged Congress to pass a “fair” CLARITY Act during a White House event.\nThe SEC proposed crypto offering exemptions covering up to $75 million in annual fundraising.\nCiti plans to launch institutional Bitcoin custody through its Custody+ platform by year-end.\nEthereum climbed above $2,400 as U.S. spot Ether ETFs recorded $189 million in inflows.\n\n\n\nBitcoin clears $72,000 during $3 billion short squeeze\n\nBitcoin surged from about $64,100 to more than $72,000 as liquidations across major crypto derivatives exchanges exceeded $3 billion on Aug. 19 and 20. Short positions accounted for approximately $2.77 billion, or 92%, of the forced closures.\nThe move followed the U.S. Treasury’s decision to increase the maximum size of long-dated bond buybacks from $2 billion to at least $4 billion per operation. Binance recorded about $518 million in liquidations, while Hyperliquid processed roughly $513 million.\n\nTrump urges Congress to approve a fair CLARITY Act\n\nTrump called for a “fair version” of the CLARITY Act during an Aug. 19 White House event attended by executives from Coinbase, Gemini, Ripple, Chainlink Labs and other technology companies.\nThe bill would divide oversight of the U.S. digital asset market between the SEC and CFTC. Senate negotiations remain divided over ethics provisions, decentralized finance and stablecoin rewards ahead of a Sept. 15 procedural vote requiring 60 votes.\n\nSEC proposes crypto exemption for raises up to $75 million\n\nThe SEC proposed two registration exemptions under Regulation Crypto Assets. One pathway would allow eligible issuers to raise up to $5 million over four years, while another would cover up to $75 million during a 12-month period.\nThe proposal also includes a conditional safe harbor that could allow a crypto asset to exit investment-contract treatment after meeting specified conditions. Stakeholders have 60 days to comment, meaning the framework has not taken effect.\n\nCiti prepares institutional Bitcoin custody service\n\nCiti unveiled its Custody+ platform and said it expects to begin offering institutional digital asset custody later in 2026, starting with Bitcoin. The bank has not disclosed a precise launch date or named participating clients.\nCustody+ will place cryptocurrency and traditional securities within a shared framework that also supports real-time settlement, liquidity services and market information. Citi said more than 80% of its asset-servicing events are already processed in real time.\n\nCFTC prepares crypto rules despite congressional uncertainty\n\nCFTC Chair Michael Selig said crypto market structure work would continue even if Congress fails to pass the CLARITY Act. The agency has prepared proposals, although Selig did not identify their content or publication dates.\nExisting law allows the CFTC to regulate derivatives and pursue fraud in spot commodity markets. Congress would still need to expand the agency’s authority before it could routinely supervise crypto spot exchanges under the broader framework envisioned by the bill.\n\nEthereum reaches $2,448 as ETF inflows return\n\nEthereum rose above $2,400 after gaining more than 20% during the week. ETH reached an Aug. 21 intraday high near $2,448 as short liquidations, broader risk appetite and spot ETF demand supported the breakout.\nU.S. spot Ether ETFs attracted $189 million on Aug. 19, their highest daily inflow since October. The daily relative strength index reached 86; however, placing ETH in overbought territory as it approached resistance around $2,450.\n\nXRP gains 17% as Ripple backs XRPL amendment\n\nXRP gained 17% and reached an intraday high of $1.43 as Ripple voted in favor of the PermissionDelegationV1_1 amendment. U.S. spot XRP ETFs recorded $13.24 million in daily net inflows.\nSeven of the 35 validators on the XRP Ledger’s default Unique Node List supported the amendment at the latest count. The proposal must maintain support above 80% for two continuous weeks before it can become active.\n\nEthena rises 65% following $1 billion FalconX deal\n\nEthena’s ENA token gained about 65% during the week and reached an intraday high near $0.145 after Ethena and FalconX opened a $1 billion overcollateralized lending facility using assets backing USDe.\nBullish comments from BitMEX co-founder Arthur Hayes also supported demand, according to crypto.news. ENA’s four-hour relative strength index reached 93.97, indicating that the rapid rally had moved into heavily overbought territory.\n\nSecuritize launches tokenized high-yield fund\n\nSecuritize launched the HINC tokenized fund with Neuberger serving as subadvisor. The fund will invest mainly in high-yield bonds while also permitting exposure to collateralized loan obligations and leveraged loans.\nTokenized fund interests will be issued across Avalanche, Ethereum, Solana and Sui. Access will remain limited to accredited investors and qualified purchasers who complete Securitize’s identity and compliance checks.\n\nFASB proposes stablecoin cash-equivalent treatment\n\nThe Financial Accounting Standards Board proposed three conditions that could allow U.S. companies to present qualifying stablecoins as cash equivalents without changing the existing definition under generally accepted accounting principles.\nEligible stablecoins would require direct on-demand redemption rights and one-to-one reserves held in segregated accounts containing short-term, highly liquid assets. The proposal remains open for public comments until Nov. 19.\n\nSwift connects two bank tokenized deposit systems\n\nSwift, HSBC and Standard Chartered completed the first live interbank transaction on Swift’s blockchain-based ledger, connecting the banks’ separately operated tokenized deposit platforms.\nThe ledger matched and netted payment obligations before final settlement occurred through existing banking systems. Seventeen banks across six continents have joined Swift’s broader pilot, but the organization has not announced a commercial launch date.\n\nX considers USDC for creator payments\n\nElon Musk’s X is considering USDC and other stablecoins as possible payment methods for creators while preparing to replace its existing revenue-sharing program.\nX has not selected a token or confirmed that stablecoin payments will launch. The platform’s Original Content Rewards program is scheduled to replace Revenue Sharing on Sept. 8.\n\nSolana Company opposes inflation and fee proposals\n\nNasdaq-listed Solana Company supported Solana’s proposed constitution but opposed separate plans to accelerate disinflation and change network fees. Voting on the first three Solana Governance Proposals was scheduled to begin Aug. 22.\nThe disinflation proposal could reduce projected issuance by 18.9 million SOL over six years. Solana Company said changing staking and fee rules could discourage institutions, although successful governance votes would guide policy rather than activate the proposals automatically.\n\n\n\n\n\n\n                Read more:\n            \n\n                South Korea deploys real-time AI crypto surveillance","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2661921216","isCrawlerRequest":true}