$BTC $XRP $SOL President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.
The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.
Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.
In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.
The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.
Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.
Ripple signs sports contract: XRP logo to appear on Louisville Basketball for the 2026-27 season
- Ripple partners with Louisville Athletics - XRP logo on the Louisville Basketball team - Multi-year deal, starting 2026-27 - XRP joins academy sports #BinanceSquare #CryptoNews #XRP #Ripple #Sports
USDT payment in Poland oil exploration contract failed for $230 million
- USDT used in Poland oil transactions. - Failure, causing a $230 million loss. - Occurred at the end of 2023. - Reported by FT. #BinanceSquare #CryptoNews #USDT
Hacker turns 25¢ Bitcoin into 46 billion fake BTC tokens on a DeFi bridge
- The hacker uses 25¢ Bitcoin to create 46 billion fake BTC tokens on a DeFi bridge - Two software bugs allow creating more than 2,000 times the maximum amount of Bitcoin, meaning the BTC tokens have no backing - Symbiosis estimates the initial damage at 9.97 BTC - The incident highlights security risks in cross-chain bridges
USDT linked to failed $230 million oil deal of Poland
• According to the Financial Times, Tether’s stablecoin USDT was used in a failed oil deal. • The deal is believed to have caused a Polish energy conglomerate to lose $230 million by the end of 2023. • The current RSS source has not provided further details about the cause of the failure or the parties involved.
Standard Chartered predicts ARB to rise 70-fold to $10 thanks to Chain Robinhood revenue
- Standard Chartered forecasts that ARB could increase 70 times to reach $10 due to revenue from the Robinhood Chain - The bank believes that tokenization will make Arbitrum a preferred network for traditional finance - However, current ARB holders do not have direct rights to fees #BinanceSquare #CryptoNews #ARB #Arbitrum #TraditionalFinance
Standard Chartered predicts ARB could reach $10 by 2030
- Standard Chartered forecasts ARB will see strong price growth in the coming years - The bank believes that Ethereum Layer-2 will benefit from the tokenization trend because the model helps TradFi move on-chain - The description mentions a $10 level in 2020; the title mentions a $10 level in 2030 #BinanceSquare #CryptoNews #ARB #ETH
- SHIB loses 78% according to an important metric for price (the RSS description does not specify the exact indicator). - The market changes quickly, making SHIB’s recovery outlook uncertain. #BinanceSquare #CryptoNews #SHIB
CoinGape extends the deadline for nominations for the Global Onchain Awards 2026
• CoinGape, a leading crypto media platform, has extended the nomination deadline for the Global Onchain Awards 2026. • New deadline: September 16, at 11:59 PM (local time). • Industry companies and leaders now have more time to participate in the program. #BinanceSquare #CryptoNews
The US House of Representatives skips a tax delay on mining and staking rewards in the crypto tax package
- The US House’s 114-page crypto tax bill will change how taxes are handled for crypto fees, stablecoins, and lending. - However, the bill does not mention delaying the time taxes are applied to rewards from mining and staking. - The current timing for taxing rewards will remain unchanged. - The RSS source has not provided any further details on the specific contents of the bill.
The House Committee introduces a comprehensive crypto tax bill ahead of Tuesday’s discussion session
- The House Committee introduces a comprehensive crypto tax bill - Includes a $10 exemption for certain crypto transaction fees - Directives on stablecoins, crypto mining, and staking - The discussion session will take place on Tuesday #BinanceSquare #CryptoNews #Tax
- The Clarity Act needs to be passed right away to ensure permanent economic innovation - Need 60 senators to support the digital assets industry and back blockchain technology - Rep. Shri Thanedar (D-Mich.) argues for the importance of this #BinanceSquare #CryptoNews #ClarityAct #DigitalAssets
🚨 Ethereum volatility alert: The Selling side is completely dominating!
Data cutoff time: 18:45 - 15/09/2026 (VN time)
📌 QUICK ANSWER Conclusion: ETH is leaning toward a DECLINE trend. Current price: ~$2475.41. Confidence: 75%. Market sentiment: Greed (69/100).
📊 DETAILED ANALYSIS
1. Technical & Trend (Supports the Selling side) Short-term trend: Bearish. Momentum indicators: RSI at 37.52, MACD at -10.67 → selling pressure is prevailing. Daily trend: Bullish.
2. Derivatives & Liquidity (Reinforcing the argument) Funding Rate: -0.01% → reinforces selling pressure. Long/Short ratio: 3.04 → the Buy side is dominant.
3. On-chain (Network activity) Glassnode reports 445,635 active addresses and CoinMetrics reports 808,513 active addresses, while Glassnode records 1,884,803 transactions and CoinMetrics records 1,909,218 transactions. Network activity is not yet sufficient to reverse the bearish thesis.
🎯 CONCLUSION & SCENARIOS
Base case scenario: Price is currently around 2475.41 USD. Current signals continue to support a downward trend if no broad reversal candle appears.
Risk point (Stay alert): The daily trend is Bullish; Long/Short is against the thesis.
Data sources: CoinGecko, Binance, CoinGlass, Glassnode, CoinMetrics, DefiLlama, Alternative.me.
⚠️ Disclaimer: Content is automatically compiled and is for information only, not investment advice. The market is highly volatile—please manage your risk independently.
Standard Chartered predicts Arbitrum will reach $10 by the end of 2030, a 70-fold increase
• Standard Chartered forecasts that the price of ARB will reach $10 by the end of 2030. • This price is equivalent to growth of about 70x from the current level. • The main reason is the development of tokenization and traditional finance companies (TradFi) moving into the blockchain environment. #BinanceSquare #CryptoNews #ARB
SBI Group files application for a bond fund from Goldman Sachs ahead of BOJ decision
- SBI Group (Ripple partner) files application for a Goldman Sachs bond fund - The filing takes place before the BOJ policy meeting - The fund combines robo-advisory with Goldman Sachs bonds - News related to Ripple and traditional finance #BinanceSquare #CryptoNews #Ripple #SBI #GoldmanSachs BOJ
The progressive Clarity Act: ETH, SOL, XRP may rise in price
- Forecast for 15/09/2026: The cryptocurrency market focuses on ETH, SOL, and XRP. - The Clarity Act’s progress creates opportunities for these coins to increase in value. - Readers need to keep up with legal news to adjust their strategies. #BinanceSquare #CryptoNews #ETH #SOL #XRP
Pi Network or Upgrade Protocol v27: Will PI’s Price Reach the $0.10 Mark?
* Pi Network (PI) is trading at around $0.0964, inching toward the psychological $0.10 level ahead of September 15, before a major upgrade event. * The Protocol v27 upgrade event is expected to strongly impact the sentiment of the cryptocurrency market. * Prices of key reference coins: Bitcoin (BTC) around $76,858; Ethereum (ETH) at $2,474; XRP at $1.40; and Solana (SOL) holding at about $100. * At the moment, the overall market is in an unsafe (insecure) state.
US House of Representatives bypasses tax delay for crypto mining and staking rewards
- A 114-page US House crypto tax bill has been released. - The bill changes how taxes are handled for crypto transaction fees, stablecoins, and lending activities. - However, the bill does not mention delaying the time when taxes apply to rewards from mining (mining) and staking. - The current tax timing for these rewards remains unchanged. - The RSS source has not provided any further specific details about other provisions in the bill.
Bitcoin drops 1.7% after the Clarity Act eases pressure
- Bitcoin is down 1.7% since the UTC night, price falls to $76,862 - The decline comes after a late-week rally - The chance for the Clarity Act has eased overnight #BinanceSquare #CryptoNews #BTC
CEO Galaxy warns: If CLARITY isn’t passed, US crypto regulations may never appear
• Mike Novogratz, CEO of Galaxy Digital, believes the Senate procedural vote has more significance than usual. • If the CLARITY Act isn’t passed, the US may not have a long-term crypto market-structure law for a long time. • This state of instability could continue if there’s no progress.