CLARITY Act Deadline, Bitcoin Holds $64K & XRP ETF Demand Collapses | Daily Crypto Roundup

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Bitcoin is battling to hold the $64,000 level as markets weaken, oil pushes towards $100 and traders place nearly $5 billion of bullish bets around $70,000 and $72,000.

In today’s Daily Crypto Roundup, we cover the CLARITY Act running out of time before the congressional summer recess, Coinbase and Glassnode spotting early signs of a potential Bitcoin bottom, and the growing pressure on Bitcoin treasury companies being forced to sell their holdings.

We also examine the collapse in XRP ETF demand, Ripple’s latest RLUSD expansion, new European Union sanctions targeting crypto networks linked to Russia, and the wave of shutdowns and bankruptcies hitting BitMEX, Poolin and Odos Protocol.

This week’s XRP giveaway winners are also announced, with Crypto Cowboy and LA Kings Ellen receiving 10 XRP each, while Andre Lengel, Hugo, Ben, Jay Will.2388, Moonhead and Homeboy receive 5 XRP each.

We are also just 3 Spotify ratings away from unlocking another 20 XRP giveaway for one random comment this week. Leave the show a 5-star rating and comment to enter once the target is reached.

Warning: Cryptocurrency trading involves a risk of loss. This podcast is for information and entertainment purposes only and does not constitute financial advice.

We will see you at the top.