Privacy Narrative Makes Comeback, Ton Jumps, Clarity Comes Into View, and More Week in Review

Privacy Narrative Makes Comeback, Ton Jumps, Clarity Comes Into View, and More Week in Review

Briefly

"Senate Banking reportedly moved closer to action on the CLARITY Act, with stablecoin rewards, ethics rules, and SEC/CFTC jurisdiction still in focus. TON rallied after Pavel Durov moved Telegram deeper into the network, while John Bollinger called a new bitcoin bull market as BTC reclaimed $80K. Tether froze $515M in USDT across 371 addresses, and Zcash surged 40%, briefly flipping Monero by market cap."

"Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Editor's comment: This is probably the biggest regulatory hurdle of all time for crypto. It also comes as stocks are at all-time highs, Bitcoin rallies, a new virus scare is spooking markets, and a geopolitical situation in Iran metastasizes. An interesting call for fundamental analysts."

"Toncoin jumped 32% to $2.89, marking a 110% increase since Telegram founder Pavel Durov announced a major strategic shift and a sixfold fee reduction. Editor's comment: Telegram has one of the biggest natural networks of users in the world, so an embrace of some kind of digital asset seems obvious. What's not obvious, as of yet, is how exactly to bring value to the TON token."

"Tether froze $515M in 371 wallets as Zcash jumped 40%, sharpening 2026 privacy debates. Tether froze $515M in USDT across 371 addresses, and Zcash surged 40%, briefly flipping Monero by market cap."