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President Trump has agreed to allow state attorneys general to sue the Department of Justice and crypto exchanges if he or future presidents violate the CLARITY Act’s restrictions, according to text released Sunday night by Senate Republicans, reported by Eleanor Mueller. A GOP aide called the release the party’s “last, best and final offer” to Democrats ahead of Tuesday’s vote, noting it reflects roughly 80% of the Tillis-Gallego ethics proposal. Trump would still retain the choice to either divest his crypto-related financial interests or place them in a blind trust.

Asked which single asset he’d hold over the next five years, Hyperliquid, Ethereum or Solana, Grayscale’s Head of Research Zach Pandl declined to choose. “I don’t like to choose among my children like this,” he said, calling all three great projects. Pandl said he favors a diversified approach across crypto’s different market segments, currencies, smart contract platforms, financial applications and AI, each led by a category leader like Bitcoin, Ethereum or Hyperliquid. He also pointed to mispriced opportunities, calling privacy-focused Zcash a strong example of market asymmetry, alongside owning sector leaders as the most efficient way to build a portfolio.

A “ghost chain” debate has erupted around the XRP Ledger after Bitquery research found just 793 accounts handled 93.2% of the network’s transactions in August, with 767 of those classified as machine accounts, including bots and spam. Separately, the XRP Ledger Foundation’s CTO suggested users could potentially transfer funds from an X Money account directly into XRP, then use the ledger’s primitives to generate yield, saying he saw nothing wrong with that setup if it became possible.

Bitwise is liquidating its Dogecoin ETF ($BWOW), less than a year after its launch. Trading will end October 14, with remaining shareholders cashed out the following week. The fund marks the 10th ETF liquidation this year, with assets down roughly 40% from launch to $9 billion. Bitwise cited efforts to optimize its product lineup for investor demand. The closure comes as Dogecoin (DOGE) trades at $0.08343, down 2.5% over 24 hours and 4.2% over the past week, reflecting the broader pullback in demand for smaller altcoin exposure through ETF wrappers.

Coinbase CEO Brian Armstrong says the crypto industry comes out ahead regardless of how the September 15 Senate vote on the CLARITY Act goes. Speaking on CNBC Thursday morning, Armstrong said passage would deliver formal legislation, while a failed vote would still push the SEC and CFTC to step in with their own rules. Armstrong said the bill is “ready to get a yes vote,” adding that the senators he’s spoken with are supportive. The one remaining important point, he said, is ethics rules governing government officials who hold digital assets.

Hunter Biden’s memecoin $LAPTOP is trading at $0.8832, down 99.6%, after what Biden described as a “sharp swing” in price caused by technical issues, which he said have since stabilized to healthy levels. The token remains down more than 99% since its launch. Biden also said his foundation’s official account has been suspended, but denied stepping away from the project, adding the team is working to restore access and is sharing updates via Medium in the meantime.

President Trump pledged a $5,000 dividend to every adult US citizen, contingent on Republicans winning control of both the House and Senate. He framed the payout as a reward tied to the country’s economic performance, comparing it to a company issuing a cash distribution to shareholders, and referenced last year’s $1,776 payment to military members as a similar precedent. “Only I can make this promise to you,” Trump said, tying the pledge directly to what he described as unprecedented economic strength and success under his administration.

With the CLARITY Act’s cloture vote just a week away on September 15, Senate Republicans are warning the crypto market structure bill “does not look good” heading into next week. The concerns center on an unresolved ethics response from the White House and continued pushback from Senate Democrats. Even if the bill clears the Senate but stalls before reaching the House, industry watchers say that alone would count as a major win, since Senate passage is historically the hardest hurdle. The House already passed a similar version last year, meaning it would only need to review Senate updates before sending the bill to President Trump.

Treasury Secretary Scott Bessent is set to announce a larger bond buyback operation, with Wall Street expecting a $5-6 billion move focused on long-term bonds. A bigger buyback could reduce the supply of net long-dated debt and help contain elevated yields, with the announcement timed ahead of upcoming 10 and 30-year Treasury auctions. Bitcoin is consolidating just below $79,000, with the daily RSI moving away from overbought territory. Despite the pause, weekly chart momentum remains bullish, with continued ETF inflows and treasury company buying. Bitcoin treasury firm Strive purchased another 1,375 BTC, while Tom Lee’s Bitmine added to its Ethereum holdings, now near 5% of total ETH supply at 20,086 ETH.