CoinDesk - 2026-07-12
3 items collected.
1. Signs of life?: State of Crypto
Author: Nikhilesh De
Published: 7/12/2026, 6:30:00 PM
Categories: Policy, Newsletters, State of Crypto, Clarity Act, Election 2026, News
Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
2. Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
Author: Krisztian Sandor
Published: 7/12/2026, 1:00:00 PM
Categories: Markets, Stablecoins, Tether, Circle, News
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
3. Bitcoin is nearing a power law support line Fidelity has tracked since 2015
Author: Shaurya Malwa
Published: 7/12/2026, 11:30:00 AM
Categories: Markets, News
The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.