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US-UK Joint Alliance Targets Crypto Scam Hubs with London Plan

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The United States and the United Kingdom have announced a new joint law-enforcement effort aimed at dismantling “scam centers” that fuel crypto-related and cyber-enabled investment fraud. The U.S. Department of Justice says the initiative is structured as a first-of-its-kind international cooperation agreement designed to disable organized scam operations that move victims’ funds across borders.

In a statement released Thursday, the DOJ said the U.S. Attorney’s Office for the District of Columbia, the Crown Prosecution Service for England and Wales, and the UK’s National Crime Agency signed a memorandum of understanding outlining how the two countries will coordinate investigations. The agencies expect to identify shared targets, align investigative work, and determine which jurisdictions should prosecute specific cases.

Key takeaways

  • The U.S. and UK signed a memorandum of understanding to coordinate investigations into crypto and cyber-enabled investment fraud run from scam centers.
  • Agencies will conduct parallel investigations, share intelligence on organized crime groups, and discuss jurisdiction-specific prosecution strategy.
  • The DOJ says overlapping cases have already been identified, with plans for an in-person disruption operation in London in early October.
  • The announcement highlights rising U.S. losses tied to crypto investment fraud as reported to the FBI’s Internet Crime Complaint Center.
  • The joint pact builds on the U.S. Scam Center Strike Force launched in late 2025 to target Chinese organized crime networks operating primarily in Southeast Asia.

U.S. and UK coordinate parallel investigations

According to the DOJ, the memorandum of understanding sets out a practical framework for cross-border cooperation. The partners plan to pursue common targets through parallel investigations, exchange information about organized crime syndicates, and coordinate which legal jurisdictions will take the lead on prosecutions.

The DOJ also linked the announcement to existing investigative overlap, stating that authorities have already identified common cases. As part of the next phase, the agencies plan an in-person “disruption operation” with private-sector partners in London scheduled for early October.

Crypto investment fraud losses keep climbing

The new cooperation comes as reported U.S. harm from crypto investment fraud continues to rise. The DOJ cited data indicating that losses reported to the FBI’s Internet Crime Complaint Center increased by 89% in 2025 to $8.65 billion, up from $4.57 billion in 2023.

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That escalation matters for how law enforcement allocates resources. While scams can vary in their methods—sometimes using fake investment platforms and other times employing more direct criminal coercion—the scale of victim losses increases the urgency to disrupt the criminal infrastructure behind them, including money flows, recruitment networks, and the operational hubs that process or redirect funds.

Expanding the U.S. “Scam Center Strike Force”

The joint U.S.-UK pact expands the scope of the Scam Center Strike Force, a U.S. initiative launched in November 2025 by U.S. Attorney Jeanine Ferris Pirro. The DOJ described the effort as focused on Chinese organized crime networks operating scam centers primarily in Southeast Asia, where schemes can include crypto investment fraud.

In the DOJ’s account, these operations are frequently intertwined with other serious crimes, including human trafficking and money laundering. The force is therefore not limited to prosecuting individual fraudsters; it is also aimed at dismantling the broader systems that enable recruitment, victim control, and financial movement.

The Strike Force includes a multi-agency set of U.S. partners: the FBI, U.S. Secret Service, Internal Revenue Service Criminal Investigation, and Homeland Security Investigations, alongside Justice Department components. The DOJ added that the initiative also works with the U.S. Treasury and State Department and with private-sector partners to disrupt scam operations and pursue victim fund recovery.

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Other international raids show the pattern

The alliance is part of a wider enforcement trend in which agencies coordinate across jurisdictions to target scam center networks and the infrastructure around them. For example, the DOJ previously reported a Dubai police-led operation conducted with the FBI and China’s Ministry of Public Security. That action, announced on April 29, resulted in 276 arrests and the closure of at least nine crypto scam centers, according to the DOJ. The DOJ also said six people were charged over schemes that allegedly used fake crypto investment platforms to solicit deposits.

These cross-border actions reflect an operational reality: scam networks often rely on fragmented control across countries—where perpetrators, intermediaries, and the mechanisms used to receive or transfer illicit payments may not all sit in a single legal jurisdiction. Coordinated enforcement can therefore reduce the time criminals have to adjust or move operations after early disruptions.

In Southeast Asia, policymakers have also moved toward harsher criminal penalties. On May 15, the Myanmar military government released draft legislation proposing sentences ranging from 10 years to life in prison for digital currency fraud, with the death penalty possible in cases involving coercion at scam centers where coerced workers were killed. Later, on July 28, Parliament approved the bill, though presidential assent was not confirmed at the time of reporting.

Elsewhere, the scam ecosystem continues to evolve in ways that increase the complexity of enforcement. Earlier coverage from Cointelegraph noted a Bitcoin extortion scam that used the name of a Chinese newspaper, underscoring how criminals may rely on branding, impersonation, and attention-grabbing tactics to draw victims into payment or disclosure schemes.

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What to watch next from the London operation

For investors, traders, and everyday users, the practical value of agreements like this is not in public statements alone, but in operational follow-through—especially when authorities plan disruption actions that bring together multiple investigative and prosecutorial systems. With the DOJ saying overlapping cases have already been identified and an in-person disruption operation is planned in London in early October, the next sign readers should look for is whether authorities announce specific arrests, charges, or confirmed closures of targeted scam centers as the cooperation moves from paperwork to courtroom and enforcement outcomes.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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How to Move Monero Back Into Bitcoin

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How to Move Monero Back Into Bitcoin

Most coverage of Monero focuses on getting into it. The reverse direction gets less attention and is arguably more practical, because at some point most holders want to convert privacy assets back into something more liquid. 

Moving XMR back into Bitcoin is straightforward, but the options have narrowed and the trade-offs are worth understanding.

Why the reverse trade is harder than it should be

Getting Bitcoin is easy. Nearly every venue lists it. Getting rid of Monero is where people run into friction, because the same delisting wave that removed XMR from major exchanges also removed the obvious exit route.

More than seventy exchanges have delisted Monero since 2024, and European regulation is expected to restrict privacy assets at regulated venues by 2027. A holder who acquired XMR two years ago through a centralised exchange may find that the exchange no longer supports trading out of it.

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This has made non-custodial swaps the practical default for the reverse direction rather than a niche alternative.

How to exchange Monero for Bitcoin

The mechanics mirror the forward trade. You exchange Monero to Bitcoin by selecting the pair, providing a Bitcoin destination address, and sending your XMR to the deposit address generated for that swap. Settlement typically takes under ten minutes once the Monero transaction confirms.

Four details worth getting right:

  • Rate type. Floating settles at the market rate when your coins arrive. Fixed locks the rate upfront for a small premium. Monero can be volatile, so on a large trade the fixed rate is usually the sensible choice.
  • Destination accuracy. Your Bitcoin address must be correct. Blockchain transactions cannot be reversed.
  • Refund address. Always set one. If the swap cannot be completed at the quoted terms, your Monero is returned there rather than leaving you to open a support ticket. One exception is worth knowing about: a deposit that the licensed liquidity partner’s automated screening flags can be held pending review, and that is a manual process rather than an automatic return.
  • Confirmation time. Monero requires around ten network confirmations, which takes roughly twenty minutes. Factor that into your timing rather than assuming the swap has stalled.

A note on what changes when you convert back

Worth understanding clearly: converting Monero into Bitcoin moves value from a private ledger to a public one. The Bitcoin you receive lands at an address on a transparent chain, and its subsequent movements are publicly visible like any other Bitcoin.

The Monero side of the transaction remains private, and the swap does not publish a link between your XMR and the Bitcoin you receive. But the Bitcoin itself behaves like Bitcoin from that point forward. People sometimes assume that passing through Monero permanently anonymises the output, and that is not an accurate way to think about it.

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Rates, fees and liquidity

XMR to BTC is one of the more liquid privacy-coin pairs, so spreads are usually reasonable. Two costs apply: the service fee, quoted upfront, and network fees on both chains. Monero network fees are typically low. Bitcoin fees depend on congestion and can matter on smaller trades.

Because liquidity for Monero has thinned at custodial venues, check on larger trades that the quoted output amount is the amount that actually lands, and that no further deduction appears at settlement.

Rotating in both directions

Many holders do not treat this as a one-way decision. A common pattern is to hold a working balance in Bitcoin for liquidity and rotate a portion into Monero when they want that portion to stop being publicly readable, then convert back when they need to transact at scale.

Both directions run through the same mechanism. Services such as GhostSwap support the full round trip, and moving in the other direction to swap Bitcoin to Monero follows an identical process.

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Summary

Converting Monero back into Bitcoin takes minutes through a non-custodial swap and does not require an account. Set a refund address, verify the destination, allow for Monero’s confirmation time, and use a fixed rate if the amount is large enough that a price move during settlement would matter. The exit route from Monero has narrowed at custodial venues, but it has not closed.

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Ethereum Whale Keeps Offloading as ETH Price Rockets Past $2.5K

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The largest altcoin is on the move again alongside the rest of the market, surging by over 4% daily to $2,150 as of press time. It even tapped $2,530 earlier today before it was stopped.

Its market cap has risen to well over $300 billion, but this has provided some market participants with a proper exit opportunity.

Lookonchain has repeatedly reported on a major whale who has been disposing of their ETH tokens for days. The selling spree began at the start of the month, when the unknown entity received $408 million worth of the altcoin before transferring $174 million to exchanges.

The deposits continued in the following days, with another major transfer of $253 million to multiple trading platforms. The latest was reported earlier today, which culminated in the sale of all 167,855 tokens ($408 million), meaning that the whale has disposed of the entire ETH fortune in just five days.

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Despite this substantial sell-off in just days, the underlying asset has rebounded swiftly from its dip below $2,400. It’s up by more than 4% daily and now sits above $2,500 with a market cap of $305 billion.

Its market dominance has also increased lately, going past 11% on CoinMarketCap.

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Just like scouting for soccer stars, FTmining can help you discover hidden wealth

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The CLARITY Act sparks an XRP-led rally across major altcoins, enabling investors earn $6,500 through SHRMiner cloud mining

From a humble pitch in Rosario, Argentina, where a young boy’s footwork revealed his extraordinary talent, to a remote village by a Norwegian fjord, where a tall, blond teenager caught the eye of European giants with his astonishing finishing ability, from Messi to Haaland, fans have witnessed the legendary rise of countless “wonderkids” from obscurity to global football stardom.

Yet, behind all these legendary figures, beyond talent and hard work, lies something equally important: the eye to spot potential at the right moment.

This is certainly true on the football pitch, and it is no different in real life. We cheer for decisive goals and delight in the surprise of an underdog defeating a powerhouse. When the match ends, we all yearn for such “goals” in our own lives, opportunities that we recognize and seize at just the right moment.

Opportunities for wealth are like hidden talents. The first to discover them wins.

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Just as football scouts around the world hunt for the next superstar, FTmining scouts for hidden “digital mines.”

This is a professional hash power leasing, or mining, platform that uses technology and data to simplify and bring transparency to the complex process of cryptocurrency mining. This allows anyone, even those without technical expertise, to become a “mining scout” and seize mining opportunities the moment they arise.

Whether you want to start with a small investment or aim for steady, long term growth, FTmining operates like a well structured club training system, offering packages to suit every budget and pace.

Turn your phone into a “money making machine” in just three steps.

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There is no need to understand complex mining technology or maintain your own hardware.

All you need is a smartphone and a user account. In just three simple steps, you can launch an automated income stream and start earning money anytime, anywhere.

Step 1 | Free registration & quick start

Visit the official FTmining website: https://ftmining.com

Create an account by entering your email address and password. New users receive a $15 sign-up bonus and a daily login bonus of $0.75.

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Take advantage of promotional offers for a free trial—perfect if you want to test the waters on a small scale before committing fully.

Step 2 | Choose the right hashpower package

A variety of contract options are available to suit different budgets and goals. Users can choose from the following:

Starter Contract: $100 — 2-day term — Total profit approx. $108

Stable Contract: $800 — 5-day term — Total profit approx. $852.80

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Professional Contract: $5,000 — 20-day term — Total profit approx. $6,520

Premium Contract: $25,000 — 28-day term — Total profit approx. $38,300

After purchasing a contract, earnings are automatically credited within 24 hours; you can withdraw funds to your personal wallet or reinvest them for higher returns.

Step 3 | One-click start, fully automated operation

Once you select and pay for a package, your computing power goes to work immediately.

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The system operates fully automatically, 24/7, requiring no manual intervention or technical expertise.

Track your earnings anytime via mobile or PC. Profits are updated daily, and withdrawals are fast and flexible.

The Battle for Opportunity—On the Field and in the “Financial Playground”

Winners on the field are those who know exactly when to make their move. Wealth accumulation works the same way—those who act first reap the greatest rewards.

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For football fans looking to boost their income, FTmining serves as your “off-field money-making machine.” While you watch the match, the system runs automatically in the background. Your time transforms into income, turning your phone into a tool that quietly generates profit.

Conclusion

Legends aren’t born by accident, behind every superstar lies a series of crucial decisions made at pivotal moments. From the pitch to real life, true winners aren’t those who wait for miracles, but those who spot opportunities and seize them. Whether you are a football fan, a novice investor, or someone looking for an additional source of automated income, you can find your next “goal” here. Be an early adopter and let time generate returns for you.

Official Website: https://ftmining.com

Customer Service Email: [email protected]

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Breaking Down the Stunning Finale of ‘Silo’ Season 3

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Breaking Down the Stunning Finale of 'Silo' Season 3

Inside Silo 1, we see Daniel waking from cryo-sleep. Except he’s no longer called Daniel: He is now Troy. And while Troy looks physically the same as Daniel, he’s completely changed. That’s made crystal clear when he settles into his shift and has to deal with the outbreak in Silo 17, the same silo Juliette ventured to in Season 2. Troy, without hesitation, delivers a ruthless decision to execute every single person—man, woman, and child—who left the silo. A top priority of Silo 1 is to prevent silos from discovering that any other silos exist. His decision to unleash drone warfare is met with disapproval by drone pilot Susan, who is actually Daniel’s sister Charlotte (Jessica Brown Findlay). Neither of them recognizes one another from the past. “He’s completely bloodless about it. Totally unemotional. It’s just his job,” says Yost. (Yost does suggest that Charlotte’s negative reaction to Troy’s behavior is worth our attention, though he won’t say why).

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Bitcoin ETFs Post Biggest Gains Since January as BTC Hits $80K

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Bitcoin ETFs Post Biggest Gains Since January as BTC Hits $80K

US-listed spot Bitcoin exchange-traded funds (ETFs) notched their biggest inflows in nearly eight months as BTC reclaimed $80,000.

Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily haul since Jan. 14, when the funds attracted $843.6 million, according to SoSoValue data.

The surge followed $101.2 million inflows on Wednesday and came as Bitcoin reclaimed the $80,000 level after trading in a range between roughly $76,000 and $81,000 this week, according to CoinGecko.

Despite the spike in ETF inflows, CryptoQuant remained cautious about Bitcoin’s rally, citing weaker spot demand and heavy short covering as $83,000 emerges as a key bull market threshold.

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BlackRock’s IBIT draws $454 million in a day

BlackRock’s iShares Bitcoin Trust (IBIT), the largest US spot Bitcoin ETF by net assets, led Thursday’s buying with $454 million in inflows, accounting for about 62% of the total, according to Farside Investors data.

While total spot Bitcoin ETF inflows reached their highest level since January, IBIT alone drew a larger $503 million inflow as recently as Aug. 20.

Daily US spot Bitcoin ETF flows since Tuesday. Source: Farside Investors

ARK Invest and 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) followed with $137.7 million, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) drew $74.4 million.

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VanEck’s Bitcoin ETF (HODL) and WisdomTree’s Bitcoin Fund (BTCW) were the only funds to record outflows on Thursday, at $19.6 million and $5.2 million, respectively.

Bitcoin rally still needs fresh buyers

Bitcoin’s recent rally was driven largely by traders closing short positions rather than opening new long positions, pointing to limited fresh buying demand, CryptoQuant said in a Thursday report shared with Cointelegraph.

The report mentioned that Bitcoin holders realized 23,000 BTC in net profits on Aug. 21, the highest daily amount this year, and about 110,000 BTC in total since Aug. 19, reflecting substantial profit-taking during the rally.

Related: Bitcoin’s apparent demand turns negative as price struggles with $77K

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According to CryptoQuant, Bitcoin’s next major test sits around its 365-day moving average, which CryptoQuant placed at roughly $82,300.

Source: CryptoQuant

The company said the moving average has historically marked the divide between Bitcoin bull and bear markets, with Bitcoin reaching $81,400 on Aug. 28 before retreating below the threshold.

“A decisive close above $83K would confirm the new bull market,” CryptoQuant said, while a rejection could trigger a pullback toward the 200-day moving average near $69,000.

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Magazine: Bitget CEO isn’t buying the Bitcoin rally — She’s waiting for $50K

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Bitcoin holds above $80,800 as bulls target $85k ahead of NFP

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Bitcoin holds above $80,800 as bulls target $85k ahead of NFP

Key takeaways

  • Bitcoin, Ethereum and XRP extended their weekly gains on Friday ahead of the U.S. Nonfarm Payrolls report.
  • BTC remains above its 50-day, 100-day and 200-day exponential moving averages.
  • Bitcoin faces resistance at $85,000, while the first major support zone lies between $69,696 and $72,539.

Bitcoin, Ethereum and XRP extended their weekly gains on Friday as traders awaited the U.S. Nonfarm Payrolls report for the market’s next directional catalyst.

Bitcoin traded above $80,800 after gaining more than 4% during the week. Ethereum also strengthened after breaking and closing above the important $2,500 resistance level.

XRP maintained a cautiously bullish near-term outlook after rebounding from a key support level earlier in the week.

US jobs report could drive crypto volatility

The U.S. Nonfarm Payrolls report could influence expectations for the Federal Reserve’s next monetary policy decision.

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A stronger-than-expected employment report may reinforce expectations that interest rates will remain elevated or rise further, potentially weighing on cryptocurrencies and other risk assets.

Conversely, weaker employment data could reduce pressure on the Federal Reserve to maintain a hawkish position and provide additional support for Bitcoin, Ethereum and XRP.

Traders should therefore prepare for increased volatility as markets adjust their interest-rate expectations following the release.

Bitcoin maintains bullish structure above key EMAs

Bitcoin traded at approximately $80,856 on Friday and maintained a firmly bullish technical structure.

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BTC remains comfortably above its major exponential moving averages:

  • The 50-day EMA at $71,126
  • The 100-day EMA at $69,696
  • The 200-day EMA at $72,539

The separation between Bitcoin’s current price and these moving averages indicates that the broader uptrend remains well supported.

However, the wide gap also leaves room for a correction if traders begin taking profits following the recent advance.

Bitcoin’s Relative Strength Index stands near 71 on the daily chart. An RSI reading above 70 typically indicates that an asset has entered overbought territory. This does not guarantee an immediate reversal, but it suggests that the rally may be becoming extended.

The Moving Average Convergence Divergence indicator remains in positive territory, signaling that bullish momentum continues.

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However, momentum appears less aggressive than during the earlier stage of the rally, which suggests that buyers may be losing some strength as Bitcoin approaches resistance.

The horizontal resistance near $85,000 represents Bitcoin’s next major upside target. Fresh selling pressure could emerge around this level as traders take profits and previously sidelined sellers enter the market.

A decisive daily close above $85,000 would signal that buyers remain in control and could open the door to further gains.

Failure to clear the level may lead to consolidation or a short-term pullback as the market absorbs Bitcoin’s rapid advance.

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BTC/USD 4H Chart

Bitcoin’s first major demand area is formed by its three key moving averages. The 200-day EMA at $72,539 provides the highest level of dynamic support, followed by the 50-day EMA at $71,126 and the 100-day EMA at $69,696.

This creates a broad support zone between approximately $69,700 and $72,500. If Bitcoin falls below all three averages, the next horizontal support levels sit at $66,500 and $62,300.

A breakdown beneath those deeper levels would significantly weaken the broader bullish structure. For now, Bitcoin remains firmly positioned above support as traders focus on a potential test of $85,000.

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Live updates: Bitcoin ETFs take $731 million, their biggest day since January

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Live updates: Bitcoin ETFs take $731 million, their biggest day since January


Every fund in the complex rose almost 6% on Thursday and net assets crossed $103 billion for the first time. BlackRock’s IBIT accounted for well over half the money.

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Alix Earle’s ‘Earle Meets World’ Review: One Long GRWM Video

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Alix Earle's 'Earle Meets World' Review: One Long GRWM Video

Synergistically positioned to bring her social media followers to a streaming platform that needs young subscribers to maintain its dominance while filling gaps in her own reach, Earle Meets World is a multigenerational family soap. Alix and 23-year-old Ashtin—a less-extroverted brunette whose TikTok audience still tops a million—are the It-girl sisters who constantly squabble but consider each other best friends. Their mom, Alisa, and dad, TJ, have been divorced for more than a decade, their split catalyzed by TJ’s affair with Ashley Dupré, a key character in the prostitution scandal that sank former New York governor Eliot Spitzer. Now Dupré is Ashley Earle, TJ’s wife and the mother of their three kids; the eldest, Izabel, is, at 13, already cranking out Outfit of the Day videos like the Gen Alpha Kylie Jenner she has the pedigree to become. A recent breast cancer survivor, Alisa has her own longtime partner, Todd. Her messy separation from TJ has evidently given way to a tenuous friendship between the couples, although it seems doubtful they spend as much time together off-camera as on. These relationships are further complicated by the role TJ, who made his fortune in construction, has assumed as Alix and Ashtin’s “dadager.”

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House Calendar Cuts Leave CLARITY Act Facing Election Delay

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House Republican leaders have removed the weeks of Sept. 21 and Sept. 28 from the voting calendar, cutting eight previously scheduled legislative days and leaving representatives with just four voting days before they leave Washington on Sept. 17. The shortened calendar sharply reduces the odds of finishing the CLARITY Act before the Nov. 3 midterm elections, even as the Senate moves toward its own procedural vote days earlier.

House Majority Whip Tom Emmer’s office notified Republican members that leadership had scrubbed the weeks of Sept. 21 and Sept. 28 from the schedule. Leadership did not cite the CLARITY Act as the reason for the change, but the compressed session leaves little runway for the House of Representatives to process anything the Senate sends back.

The chamber passed its version of the Digital Asset Market Clarity Act, H.R. 3633, in 2025. That bill would split oversight of the U.S. digital asset market between the SEC and CFTC while setting registration rules for crypto trading platforms. It is the closest thing to comprehensive crypto regulation Congress has produced to date.

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Senators have since built their own text with provisions absent from the House-passed version. If the Senate advances an amended bill, the House must either sign off on the changes or the two chambers must hash out a unified draft, and any agreed language still needs approval from both sides before it lands on Trump’s desk.

With representatives departing just two days after the Senate’s expected vote, the House isn’t expected to resume regular legislative work until after the midterm elections, and no emergency return or calendar revision has been announced.

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Pre-Midterm Odds Were Already Thin

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Solana Policy Institute CEO Miller Whitehouse-Levine had previously placed the bill’s chance of becoming law before the midterms at around 10%. He is pointing to the limited number of legislative days and unresolved Senate negotiations.

Those talks have spanned presidential crypto ethics provisions, anti-money-laundering requirements, state enforcement authority, decentralized finance treatment, and stablecoin rewards. Now, Senate Republicans cannot clear the 60-vote cloture threshold without Democratic support.

The CLARITY Act faces a House calendar bottleneck after leaders cut eight voting days, dimming hopes for passage before the midterms.
Photo by DS stories on Pexels

Stablecoin rewards remain one of the thorniest sticking points. The Senate text would bar payments based solely on holding a stablecoin balance while permitting rewards tied to transactions or other activity, a distinction that matters for how exchanges structure yield products.

Banks argue that activity-based incentives could let crypto platforms mimic bank-like returns without carrying equivalent capital and liquidity requirements, while crypto companies say a strict ban would choke off legitimate revenue-sharing and dampen competition in dollar-backed payments.

The fight follows the GENIUS Act, which set federal rules for payment stablecoin issuers but left third-party distribution questions unresolved.

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What Comes Next for the CLARITY Act?

The immediate checkpoint is the Senate’s expected Sept. 15 cloture vote, which requires at least 60 votes and would open the door to debate, amendments, and further procedural votes, not final passage. Given the House’s Sept. 17 departure, there’s essentially no buffer for a drawn-out Senate amendment process without pushing the bill past the election.

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If the CLARITY Act passes, Bitcoin could benefit from clearer and more predictable U.S. crypto regulations. This could encourage banks, institutions, and financial firms to increase their Bitcoin exposure. Greater regulatory certainty may also boost investor confidence and strengthen Bitcoin’s commodity status.

If the current Congress ends without a signed bill, lawmakers will have to restart the process from scratch next session. A post-election lame-duck window could theoretically offer another shot, but whether party leaders grant floor time will hinge on how the midterm elections reshape the balance of power in both chambers.

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XRP News: Ripple Rallies on Fed Dovish Tone, $10 Dream Returns

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XRP is back at $1.45, having a violent 6% rally on the Fed news, so is the whole crypto market. The run is strengthening the bigger story: a macro-driven relief rally that has traders whispering about $10 again, a target that felt like fantasy just weeks ago. What’s actually fueling this move, and how far can it realistically run before the next resistance wall shows up?

The rally traces back to softening expectations around Federal Reserve policy, with risk assets broadly catching a bid as traders price in a friendlier rate path. XRP’s 24-hour volume has stayed elevated near $4 billion, with a market cap sitting around $90.9 billion, putting it firmly back in the conversation among large-cap majors.

Rate-cut odds have been a moving target all week, and that volatility is spilling directly into altcoin price action. XRP’s August run, a 70% surge from $1 to $1.70, set the stage for this entire narrative arc, and the subsequent 20% correction into the $1.35–$1.38 zone is now the line in the sand bulls are defending.

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Institutional demand has been quietly building under the surface, which adds some weight to the bull case beyond pure retail sentiment.

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Can XRP Price Hit $1.60 This Week and Pump Beyond the Fed News?

XRP trades near $1.45 currently, a 6% jump intraday, and is still holding well above the critical $1.35–$1.38 support band that’s absorbed the heaviest historical volume. The 200-day EMA sits close behind at $1.33–$1.35, giving bulls a reasonable cushion if selling pressure returns.

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Volume near $5.5 billion signals genuine participation, not a thin, easily-reversed pump. The technical setup remains a descending triangle dating back to August’s $1.70 peak. Price is rebounding off triangle support but hasn’t cleared descending resistance yet.

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If it can hold above $1.34, it sets up a retest of $1.55, and a clean break opens the door to $1.60–$1.90. It could also consolidate between $1.38 and $1.52 while macro data digests.

What we don’t want to see is a slip below $1.30 as it risks a deeper correction, particularly if upcoming jobs data sparks risk aversion. ETF flow speculation continues to fuel the $10 talk, though that timeline stays firmly speculative for now.

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Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

A 6-7% bounce feels good if you’re already holding XRP, but here’s the bad news. At a $90 billion market cap, doubling from here requires an enormous amount of fresh capital, the kind of move that takes months, not days.

Traders chasing that $10 dream might get there eventually, but the math on a large-cap asset moving 7x is a different conversation than an early-stage token doing the same.

That’s where Bitcoin Hyper ($HYPER) enters the picture. It’s positioned as the first Bitcoin Layer 2 with full SVM integration, aiming to deliver execution speeds faster than Solana itself while settling back to Bitcoin’s base layer.

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The presale has raised $33.1 million so far, with tokens priced at $0.0136857 and staking rewards offering a high 60%+ APY for early participants. Standout features include a decentralized canonical bridge for BTC transfers and low-latency Layer 2 processing built to fix Bitcoin’s programmability gap.

Research Bitcoin Hyper before the presale window closes.

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