Morning Minute: CFTC Will Give Crypto Clarity If Congress Won’t

Key Facts

• Fact 1: Today’s top news: Crypto majors are up another 5-10% with BTC leading; BTC at $77.4k The BTC ETFs saw $606M in inflows and ETH had $219M, new local highs Over $1.2B in crypto shorts liquidated in past 24 hours, nearly $5B in 2 days CFTC Chair says he’ll write the crypto rules himself if Congress won’t Pump Fun posts 2 biggest back-to-back revenue days since January, PUMP +25% 🏛️ CFTC Chair Says He’ll Write Crypto Rules Himself If Congress Won’t The Clarity Act has been stuck in the Senate since lawmakers left for August recess without a procedural vote, still short of the roughly six Democratic votes it needs to clear 60.
• Fact 2: “Rest assured, I will direct CFTC staff to move swiftly.” Myriad: Will the Clarity Act be signed into law in 2026?
• Fact 3: Let’s see where they take it… 🌎 Macro Crypto and Markets Crypto majors are very green up another 4-8% with BTC leading; BTC +8% at $77.5k; ETH +4% at $2,380; SOL +4% at $91; HYPE +4% at $74.60 Top alt movers include ENA (+40%), PUMP (+23%), FET (+20%) and XRP (+20%); ZEC +15% to $650 Oil -2% at $87.20; Gold +2% at $4,650 Stock futures are green; DOW +04%, Nasdaq +0.5% Another $1.2B in shorts were liquidated over the past 24 hours with crypto prices soaring, nearing $5B total over the past 2 days Solana daily transactions hit a new ATH on Thursday XRP posted its best week since the 2024 election pump, up roughly 40% off last weekend’s close under $1, riding Bitcoin’s short squeeze.
• Fact 4: X (Twitter) is in talks to pay creators in stablecoins such as USDC, as the platform phases out Revenue Sharing for a new Original Content Rewards Program An Optimism-funded dev team cast the deciding vote with 17 minutes left, moving 546.9 million OP worth about $49.7 million out of the user airdrop allocation and into a Foundation-controlled fund Binance launched Agent OS, letting AI agents like ChatGPT and Claude trade spot, margin, convert, and futures through an isolated sub-account with no withdrawal permissions Corporate Treasuries & ETFs The Bitcoin ETFs saw $606M in net inflows on Thursday, the biggest day since May 1; the ETH ETFs saw $219M in inflows (biggest since September 2025) Meme Coin Tracker Meme leaders were very green up another 10%+; DOGE +9%, SHIB +7%, PEPE +17%, PENGU +17%, TRUMP +6%, BONK +11%, Fartcoin +15% Robinhood chain was mixed with Cashcat +11%, and AI +135% leading, Robbie +40% Solana leaders included Cate (+145%), Toad (+70%) and Jimothy (+40%); Ansem +15% to $290M 💰 Token, Airdrop & Protocol Tracker Pump Fun did $2.3M in revenue on Wednesday and $2M on Thursday, its two biggest back-to-back days since January; the $2M+ in buybacks helped drive PUMP to $4.1B fdv and a new local high Hyperliquid notched its 2 biggest revenue days since June as well, with $3-4M over the past 2 days 🚚 What is happening in NFTs?