Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news
Here’s a quick recap of the crypto landscape for Wednesday (September 16) as of 10:00 a.m. UTC.
Bitcoin price update
Bitcoin (BTC) was priced at US$75,930.77, trading 1.3 percent lower over the past 24 hours.
Bitcoin price chart
Chart via the Investing News Network
Bitcoin price performance, September 16, 2026.
Ether and altcoin price update
Bitcoin price performance, August 19, 2026.
- Ethereum (ETH) was priced at US$2,404.18, trading 2.9 percent lower over the last 24 hours.
- XRP (XRP) was priced at US$1.29, down 8.8 percent over the past 24 hours.
- Solana (SOL) was trading at US$97.24, trading 3.5 percent higher over the past 24 hours.
Today’s crypto news to know
Senate blocks landmark Clarity Act in close vote
The US Senate blocked the Clarity Act from advancing on Tuesday (September 15) as the procedural cloture motion fails in a 50-49 vote, falling far short of the 60 votes required to clear the procedural hurdle.
Three Republicans—Sens. Susan Collins, Josh Hawley, and Jerry Moran—joined Democrats in voting against the motion to proceed.
Key Democratic negotiator Sen. Ruben Gallego charged that Republicans cared “more about making sure the president keeps making money than actually bringing regulations” and consequently were “failing the whole system.” Sen. Elizabeth Warren also slammed the final draft’s ethics rules, calling them “a weak fig leaf that will do nothing to stop him from making his next $1.4 billion in crypto profits.”
Despite the defeat, Senator Thom Tillis assured in a Facebook post that there is still a future for the landmark regulation: “This is not the end for the Clarity Act. We’ve made substantial bipartisan progress in large part because of the White House. This procedural motion allows us to continue working towards a positive outcome.”
The legislative failure immediately triggered market sell-offs, pushing Bitcoin below US$76,000.
SEC Chairman Paul Atkins promised that regulators will continue modernizing digital asset rules, declaring at a Washington summit that “with or without that legislation, this Administration will deliver for American investors and technological innovators.”
Crypto exchange CoinEx announces closure after nine years
Cryptocurrency exchange CoinEx announced Tuesday (September 14) that it will shut down operations and begin a complete wind-down on December 22, 2026.
Founder and CEO Haipo Yang attributed the exit to prolonged market weakness and mounting regulatory demands, writing on X that “the security and compliance risks of running a crypto exchange have become increasingly difficult to contain.”
Yang rejected potential sale offers, choosing instead to deliver a “clean ending” for platform staff, users, and token holders. The exchange immediately stopped new user registrations and shifted futures trading into reduce-only mode.
CoinEx will terminate non-spot services on September 22, end spot trading on September 29, and close withdrawals permanently on December 22.
Circle launches Arc Layer 1 Blockchain
Stablecoin issuer Circle Internet Group (NYSE:CRCL) launched its public mainnet for Arc, an open Layer 1 blockchain purpose-built for financial markets and real-time money movement.
CEO Jeremy Allaire described Arc as “the single most significant launch in Circle’s history since USDC itself,” framing the network as an open economic operating system for the internet.
The blockchain requires users to pay transaction fees directly in USDC, eliminating the need for a volatile native network token.
Major global financial institutions, including BlackRock (NYSE:BLK), Mastercard (NYSE:MA), and Visa (NYSE:V) joined Arc as founding network validators.
Circle integrated its payments network and Circle StableFX directly into Arc to enable 24/7 cross-currency settlement across multiple fiat-backed stablecoins.
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Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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