Senin, 22 Desember 2025

US Clarity Act won't be ‘world-shaking’ for BTC


Plus, the Senate has confirmed crypto-friendly Mike Selig to lead the CFTC.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

Clarity Act Speculation Continues, US Senate Confirms Selig as CFTC Chair, & Other News

Dec. 14 - 20

#1

US Clarity Act unlikely to be 'world-shaking' for Bitcoin's price: Brandt

Veteran trader Peter Brandt said the potential passage of the US Clarity Act is unlikely to have a significant impact on Bitcoin's price after indications that it could pass Congress as soon as January.

"Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value," Brandt told Cointelegraph on Friday. "Having an asset regulated, particularly an asset for which die-hard investors never wanted to be regulated, is not an earth-shattering event," he added.

His comments came after White House crypto and AI czar David Sacks said on Thursday, "We are closer than ever to passing the landmark crypto market structure legislation."

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#2

US Senate confirms pro-crypto Selig to lead CFTC, Hill to head FDIC

The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission (CFTC) and has elevated Travis Hill to chair the Federal Deposit Insurance Corp.

The two confirmations were included in a package of nearly 100 other nominees that the Trump administration had selected for various roles across the government, which passed the Senate in a 53-43 vote on Thursday.

Selig, who has previous experience at the CFTC and the Securities and Exchange Commission, pledged to make crypto a priority when he was nominated in October to take over from the previous nominee, Brian Quintenz.

#3

Fidelity macro lead calls $65K Bitcoin bottom in 2026, end of bull cycle

Bitcoin may have ended its historical four-year cycle, signaling an incoming year of downside despite widespread analyst expectations for an extended cycle driven by regulatory tailwinds.

Bitcoin's $125,000 all-time high on Oct. 6 may have signaled the top of the current four-year Bitcoin halving cycle, both in terms of "price and time," according to Jurrien Timmer, the director of global macroeconomic research at asset management firm Fidelity.

"While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase," wrote Timmer in a Thursday X post.

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Prediction of the Week

Crypto ETPs could see a flood of liquidations by 2027: Analyst

More than 100 crypto exchange-traded products are likely to hit the market in 2026, but many of them will quickly be shuttered due to a lack of demand, Bloomberg analyst James Seyffart said.

Seyffart stated on Wednesday that he agreed with a 2026 prediction from crypto asset manager Bitwise that over 100 crypto ETFs would launch, but he said that many wouldn't last.

"We're going to see a lot of liquidations in crypto ETP products. Might happen at [the] tail end of 2026 but likely by the end of 2027," Seyffart said, adding that over 126 ETP applications are currently awaiting an outcome from the US Securities and Exchange Commission.

FUD of the week

Adam Back slams Bitcoiner VC for 'uninformed noise' about quantum risk

Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin.

"You make uninformed noise and try to move the market or something. You're not helping," Back said in an X post on Friday, after Carter explained in an X post why Castle Island Ventures invested in Project Eleven, a startup focused on protecting Bitcoin and other crypto assets from the threat of quantum computing.

Back said the Bitcoin community is not in denial about the need to research and develop protections against potential quantum computing threats, but is instead doing that work "quietly." However, Carter refuted Back's comment, arguing that many Bitcoin developers are still in "total denial" about the risk of quantum computing to Bitcoin.

FUD of the week

SEC confirms years-long director bans for former Alameda, FTX executives

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.

In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.

The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each. All three are also subject to five-year "conduct-based injunctions," according to the SEC.