Senate Democrats emerged from a closed-door meeting on the Clarity Act and crypto market structure with urgency and anxiety.

Chuck Schumer is pushing to move the Clarity bill after Fairshake PAC announced $193Mn in midterm spending, a reminder that crypto now has real political teeth. But momentum is colliding with scandal, banking resistance, and direct allegations against Trump for scamming his supporters.

Chainlink founder Sergey Nazarov puts the CLARITY Act at 70-80% odds before midterms. He’s predicting institutional DeFi adoption and a potential 10x overnight price surge if it passes.

But if Trump gets tagged as a scammer or the bill continues to be reworked to death in committee, crypto’s in serious trouble.

Meanwhile, a new crypto presale is emerging from the ashes of this crypto massacre.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026

Did The New Trump Allegations Put Ethics at Center of Clarity Act?

The legislative push is now inseparable from accusations leveled by New York Senator Chris Murphy against Donald Trump.

Murphy cited The Wall Street Journal reporting that roughly $187 Mn flowed to Trump family entities and $31 Mn to the family of special envoy Steve Witkoff after a UAE-backed firm acquired 49% of World Liberty Financial days before inauguration, followed by eased restrictions on crypto and AI chip exports to the UAE.

“That is corruption. Those are the elements of a bribe. This is potentially criminal conduct.” – Chris Murphy, U.S. Senator, Senate Floor

Pro-crypto Democrats now insist on ethics provisions barring presidential crypto ventures, a red line the White House has not accepted.

(Source: Polymarket)

All of this comes as Coinbase withdrew support for the Senate Clarity Act at the last minute. Trump, Wall Street, and banks are big mad.

The bill is stuck on stablecoin yield. At Davos, Jamie Dimon reportedly clashed with Brian Armstrong, accusing him of misrepresenting banks’ lobbying efforts.

Banks are nervous for a reason. Platforms like Coinbase offer roughly 3.5% yields on USDC, versus under 0.1% on traditional savings. Industry estimates warn that widespread adoption of stablecoins could threaten up to $6.6 Tn in US deposits.

DISCOVER: Top 20 Crypto to Buy in 2026

Crypto’s Civil War Is Now Public

Coinbase isn’t the only one that doesn’t want this bill. Cardano founder Charles Hoskinson warned it entrenches bank-friendly control and SEC dominance.

“I didn’t sign up to hand the revolution to 15 banks.” – Charles Hoskinson, Founder, Cardano

Cardano’s token fell 7% the next day, a reminder that ideology still moves markets.

Market Cap

February is pivotal. Watch whether ethics language survives, whether banks concede on yield, and whether risk assets continue to crash into the Earth’s crust.

DISCOVER: 20+ Next Crypto to Explode in 2026

Is New Crypto Asset Bitcoin Hyper The Best Presale In 2026?

While the market crashes into oblivion (you’re buying dips right, anon?) Bitcoin Hyper is emerging as a utility coin to the top crypto project: Bitcoin. The Layer-2 uses Bitcoin for final settlement while pushing speed and smart contracts off-chain, preserving security while unlocking functionality that Bitcoin itself cannot natively support.

By February 2026, the presale had raised roughly $31.2 Mn, with later rounds pricing the token around $0.013655.

A Q2 launch is widely expected for Bitcoin Hyper, though exchange listings remain unconfirmed.

By opening Bitcoin to DeFi, gaming, and tokenized real-world assets, HYPER broadens use cases and trims the circulating supply, two factors that can favor price.

Bitcoin Hyper is closing in on $35 Mn raised, with less than a day to go before its $0.0136751 token round ends. If risk on return crypto presales like Bitcoin Hyper are looking to lead the way.

Visit Bitcoin Hyper

Join the Utility Wave with BTC Hyper Now

EXPLORE: Ethereum Is Dying, Or Is This the Biggest Buy Signal of the Decade?

Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis 

Key Takeaways

  • Senate Democrats emerged from a closed-door meeting on the Clarity Act and crypto market structure with urgency and anxiety.
  • Bitcoin Hyper is closing in on $35 Mn raised, with less than a day to go before its $0.0136751 token round ends.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

#1 Crypto Friendly Poker Room

  • Fully Anonymous Casino with Instant Crypto Withdrawals
  • No Hidden Deposit or Withdrawal Fees
  • Best-in-Class RakeBack Bonus
#1 Crypto Friendly Poker Room
Back to top