Close Menu
    What's Hot

    UK Crypto Political Donations & Reform: Farage Investigated

    July 23, 2026

    Dept. of Justice to speed up antitrust reviews of deals – WSJ

    July 23, 2026

    It Took 4 Years to Diagnose My Mom’s Dementia. We Knew Sooner.

    July 23, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Crypto»CLARITY Act Update Proposes Federal Crypto Bans as Bitcoin Hyper L2 Presale Secures $32.97M
    Crypto

    CLARITY Act Update Proposes Federal Crypto Bans as Bitcoin Hyper L2 Presale Secures $32.97M

    Press RoomBy Press RoomJuly 23, 2026No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Author

    Ahmed Barakat

    Author

    Ahmed BarakatVerified

    Part of the Team Since

    Aug 2025

    About Author

    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

    Share


    Fact Checked by

    CryptoNews Editorial Team

    Author

    CryptoNews Editorial TeamVerified

    Part of the Team Since

    Sep 2018

    About Author

    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

    Last updated: 

    July 23, 2026

    Thursday, 23 July 2026 – Bitcoin is hyper rallying as regulatory developments in Washington are driving a shift in how institutional and retail capital approaches digital assets. This week, lawmakers advanced an updated version of the CLARITY Act, a pivotal piece of market structure legislation. The revised text introduces a strict ban preventing federal officials, including the president, from issuing or sponsoring cryptocurrencies. The Department of Justice would be tasked with enforcing compliance through substantial daily financial penalties.

    While the bill still requires 60 votes to clear the Senate amidst ongoing bipartisan debate over enforcement mechanisms, the introduction of concrete ethics guidelines has resolved a key source of regulatory uncertainty for the digital asset sector. Bitcoin has experienced a modest 2% pullback over the last few days, trading near $65,500, yet the broader market structure remains constructive as regulatory parameters become clearer.

    In tandem with these policy shifts, capital is increasingly moving toward infrastructure projects designed to expand Bitcoin’s utility. The Bitcoin Hyper (HYPER) presale has now raised $32.97 million, reflecting sustained interest in Layer 2 solutions that combine Bitcoin’s security with high-throughput transaction capabilities and immediate staking options.

    Lawmakers have released an updated draft of the CLARITY Act featuring explicit ethics provisions targeting federal personnel. Under the new terms, government officials are barred from issuing or sponsoring digital assets. The Department of Justice is authorized to levy civil penalties of up to $250,000 per day for violations. Officials holding existing digital asset positions will have a one-year grace period to transfer their holdings into a blind trust, allowing them to retain financial interests without active management.

    While industry advocacy groups have largely welcomed the regulatory clarity, banking associations continue to express reservations regarding yield-bearing provisions. Senate Majority Leader John Thune has indicated that a floor vote could occur before the upcoming August recess, though the legislative calendar remains highly compressed.

    Bitcoin Holds Key Support as Analysts Eye Higher Targets

    Bitcoin’s recent price action reflects a period of consolidation, with the asset trading at approximately $65,500. Despite the short-term pullback, market analysts remain constructive on the asset’s medium-term trajectory. Technical analyst Michaël van de Poppe noted that maintaining current support levels could pave the way for moves toward $68,000 and $73,000.

    Theoretically, the target area for #Bitcoin is reached.

    However, as long as this stays above the 21-Day MA, I’m sure there will be a higher valuation for Bitcoin in the near-term.

    It’s facing the final hurdle for a big breakout, which is the $68,000 resistance zone.

    It’s been… pic.twitter.com/WiDuvs3vp1

    — Michaël van de Poppe (@CryptoMichNL) July 23, 2026

    This technical outlook aligns with the broader demand for functional infrastructure. Rather than relying solely on passive spot exposure, market participants are diversifying into projects that enhance the utility of the underlying Bitcoin network—a trend that has sustained momentum for the Bitcoin Hyper presale during this consolidation phase.

    Bitcoin Hyper L2 Architecture and Tokenomics

    The Bitcoin Hyper (HYPER) network is building a dedicated Layer 2 scaling solution utilizing the Solana Virtual Machine (SVM). The protocol settles transaction batches back to the Bitcoin mainnet using zero-knowledge proofs. Through a canonical bridge, users can deposit BTC to receive a corresponding representation on the L2, enabling fast transaction finality, low fees, and decentralized application integration without compromising base-layer security.

    The native HYPER token serves as the network’s utility asset, used for transaction fees, governance participation, and securing the network via staking. Staking rewards during the early phase are currently yielding a 36% APY. The token distribution model is structured to support ongoing development, ecosystem rewards, marketing, and exchange liquidity.

    The presale has raised almost $33 million, with tokens currently priced at $0.0136835. This steady capital inflow suggests strong market interest in yield-generating Bitcoin infrastructure, particularly as federal regulatory frameworks begin to take shape.

    Accessing the HYPER Presale

    Eligible participants can access the presale by visiting the official Bitcoin Hyper website, connecting a compatible Web3 wallet, and executing a transaction. Alternatively, the presale is integrated into the Best Wallet app, which is available for download on the Apple App Store and Google Play. Supported payment methods include ETH, USDT, USDC, BNB, SOL, and credit/debit cards.

    The current presale price of $0.0136835 per token is scheduled to increase later today. Staking options remain active immediately upon purchase, offering a 36% APY.

    For official project updates, technical announcements, and timeline disclosures, users can follow Bitcoin Hyper on X and join its official Telegram channel.

    Visit Bitcoin Hyper.


    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    UK Crypto Political Donations & Reform: Farage Investigated

    July 23, 2026

    Dogecoin Buy Signals Flash But Price Stalls — What’s Next for DOGE?

    July 23, 2026

    Tesla Holds BTC Despite $112M Loss

    July 23, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    UK Crypto Political Donations & Reform: Farage Investigated

    July 23, 2026

    Dept. of Justice to speed up antitrust reviews of deals – WSJ

    July 23, 2026

    It Took 4 Years to Diagnose My Mom’s Dementia. We Knew Sooner.

    July 23, 2026

    CLARITY Act Update Proposes Federal Crypto Bans as Bitcoin Hyper L2 Presale Secures $32.97M

    July 23, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • July 2026
    • June 2026
    • May 2026
    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.