Advertising
Advertising
instagram
Advertising

Crypto Returns to the Game: Bitcoin Hits 80k Level, and TON Explodes After Telegram's Decision

Bitcoin continues a steady upward trend. Market attention is focused on the Consensus 2026 conference. The CLARITY Act records a breakthrough after reaching a compromise on stablecoin compensation.

Crypto Returns to the Game: Bitcoin Hits 80k Level, and TON Explodes After Telegram's Decision
freepik.com
Advertising
Aa
Share
facebook
twitter
linkedin

Table of contents

  1. LARGEST MARKET CHANGES
    1. NOTABLE STORIES

      Bitcoin continues a systematic rise, breaking the key level of $80,000 and currently reaching its highest price since the end of January.

      Capital inflows from institutional investors remain relatively strong since the end of last week – U.S. spot bitcoin ETF funds recorded net inflows of $630 million on Friday and $532 million yesterday.

      Today in Miami the Consensus 2026 conference began, gathering institutions, policymakers, and key developers from the crypto asset sector. Among the main speakers were Michael Saylor, Brad Garlinghouse, Solana co‑founder Anatoly Yakovenko, and U.S. CFTC chair Michael Selig. The event also includes eToro CEO Yoni Assia.

      Because the event is not dedicated solely to bitcoin, increased volatility across the broader crypto asset market is possible. Historically, the Consensus conference has been a venue for announcing new initiatives, technological updates, and partnerships.

      From a macroeconomic perspective, on Friday the latest U.S. labor market data will be released, including the non‑farm payrolls report and the unemployment rate.

      LARGEST MARKET CHANGES

      $TON was among the assets with the greatest growth dynamics last week, gaining over 30% in just 24 hours. The impulse came from Telegram founder Pavel Durov’s announcement that Telegram will take on the role of the main driving force behind the TON blockchain, replacing the TON Foundation and becoming its largest validator.

      Advertising

      Durov also presented a clear action plan, indicating a shift in priorities toward "technological dominance", supported by a refreshed ton.org site, new developer tools, and performance improvements.

      Until now, development and network management remained under the TON Foundation – an independent non‑profit organization. Telegram’s direct involvement means access to a broad user base, engineering resources, and global reach, significantly strengthening the growth potential of the TON ecosystem.

      NOTABLE STORIES

      CLARITY Act: a significant breakthrough after a bipartisan compromise on stablecoin compensation

      The U.S. Digital Asset Market Clarity Act (CLARITY) made significant progress last week after reaching a bipartisan compromise on stablecoin compensation, ending a legislative stalemate that had previously blocked its progress.

      The agreement – which limits the profitability of passive stablecoin investments while allowing incentives tied to their use – helped resolve one of the most contentious points between lawmakers and the banking sector.

      In an interview with Fox Business, Senate Banking Committee chair Tim Scott highlighted the growing pace of legislative work on the CLARITY Act. He announced that the bill would be processed in committee later this month and that the full Senate would vote in June or July. He also emphasized that the bill is currently in a "decisive phase" ("red zone"), reflecting lawmakers’ increasing belief that it could reach the President’s desk later this summer.

      Advertising

      If passed, the CLARITY Act will establish more transparent regulatory frameworks for digital assets in the U.S., including defining the role of U.S. regulators – the SEC and CFTC – and is widely seen as a key step toward increasing institutional investor participation in the crypto asset market.


      FXMAG Team

      FXMAG Team

      FXMAG’s editorial team creates high-quality content on financial markets, investing, and the global economy. We provide timely analysis and clear insights to help our audience navigate complex market dynamics.


      Topics

      ETF Bitcoin spot

      Consensus 2026

      Pavel Durov

      TON Foundation

      Michael

      blockchaincryptocurrenciescrypto marketsolanabitcointelegrambtc

      ETF inflows

      TON

      Miami

      institutional capital

      Advertising
      Advertising

      Most recent

      Recomended