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The crypto market faced a sharp decline after the latest CLARITY Act vote in the US Senate failed to move forward. Bitcoin, Ethereum, and XRP▲$1.39 all dropped as traders reduced exposure and reacted to renewed regulatory uncertainty.

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Two former Robinhood engineers Hefu Chai and Huaisong Xiang charged with commodities and wire fraud. They allegedly used confidential listing information to trade Hyperliquid perpetual futures.

Crypto markets are already under pressure ahead of today’s FOMC meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is mostly priced in.

Bybit has launched Bybit Odds, a fixed-return crypto price contract product that lets users take views on Bitcoin and Ether without leverage or liquidation risk.

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.

The CLARITY Act failed its biggest test on September 15, when the Senate voted 49-50 to reject cloture on the motion to proceed to the sweeping crypto market structure bill. Technically, the bill is not dead, but it has less time before the 2026 elections.

Currencies39206 Market Cap$ 2.66T-2.12% 24h Spot Volume$ 43.62B+0.28% DominanceBTC57.01%+0.32%ETH11.00%-1.03% ETH Gas0.10 Gwei News Sep 16, 2026 2min read byRizwan Ansari forCoinpedia

Currencies39202 Market Cap$ 2.65T-1.95% 24h Spot Volume$ 43.46B-0.09% DominanceBTC57.03%+0.34%ETH10.95%-1.37% ETH Gas0.09 Gwei Price Analysis Sep 16, 2026 3min read bySahana Vibhute forCoinpedia

Engineers Hefu Chai and Huaisong Xiang allegedly purchased perpetual futures tokens on Hyperliquid between 2025 and 2026 ahead of the company’s public announcements that the underlying cryptocurrency tokens would be listed on Robinhood Crypto. Aashika Suresh·Stocktwits Published Sep 15, 2026   |   9:48 PM EDT