According to Eleanor Terrett, the US crypto market structure bill has been paused, placing Coinbase and major banks at the center of the legislative debate. Source: https://www.cryptoinamerica.com/p/the-balls-in-coinbases-court-as-crypto; https://twitter.com/EleanorTerrett/status/2013360579285561849 She reports that Donald Trump has threatened to sue JPMorgan over alleged debanking. Source: https://www.cryptoinamerica.com/p/the-balls-in-coinbases-court-as-crypto; https://twitter.com/EleanorTerrett/status/2013360579285561849 She notes these developments are on the watchlist for this week, keeping attention on Coinbase and large-bank headlines for near-term market monitoring. Source: https://www.cryptoinamerica.com/p/the-balls-in-coinbases-court-as-crypto; https://twitter.com/EleanorTerrett/status/2013360579285561849

According to the source, the US Senate Banking Committee postponed its crypto bill markup scheduled for Thursday to allow more time for bipartisan negotiations, with Chairman Tim Scott stating all parties remain engaged. Source: U.S. Senate Banking Committee; Chairman Tim Scott. The update did not specify a new date, meaning any committee vote will take place after the originally planned Thursday session, extending the committee’s consideration timeline. Source: U.S. Senate Banking Committee; Chairman Tim Scott.

According to @BullTheoryio, the US Senate Banking Committee canceled today’s vote on the crypto market structure bill after the Coinbase CEO withdrew support, based on a social media post that includes an image indicating a canceled session source: @BullTheoryio on X, January 15, 2026. No official committee statement or public docket link is cited in the post, so traders should verify via the Senate Banking Committee’s official calendar before repositioning source: @BullTheoryio on X, January 15, 2026. If the cancellation is confirmed, it removes a near-term legislative catalyst and elevates headline risk for US crypto exposure; monitor Coinbase COIN price and options implied volatility, and watch intraday liquidity in major crypto pairs during US hours for potential headline-driven swings source: @BullTheoryio on X, January 15, 2026.

According to @StockMKTNewz, Coinbase (COIN) CEO Brian Armstrong stated that the US Senate crypto market structure bill, as written, would be materially worse than the status quo on Jan 14, 2026, signaling firm executive opposition to the current draft language (source: @StockMKTNewz). This development highlights a notable regulatory headline for COIN and US crypto-exposed equities as lawmakers debate market structure and oversight direction (source: @StockMKTNewz). Traders tracking regulatory risk may monitor subsequent Senate revisions or official responses following this critique for potential market-moving updates (source: @StockMKTNewz).

According to Eleanor Terrett, Sen. Cynthia Lummis, a lead Republican negotiator on the U.S. crypto market structure bill, previewed a high-stakes BankingGOP committee markup expected on January 15, 2026, and outlined the current state of key issues. Source: Eleanor Terrett on X, January 14, 2026. Terrett reported that Lummis explained why banks are taking up significant attention in negotiations and discussed the bill in a conversation with CryptoAmerica ahead of the markup. Source: Eleanor Terrett on X, January 14, 2026. Terrett characterized the session as high-stakes, underscoring its policy importance for U.S. crypto market structure and bank participation discussions. Source: Eleanor Terrett on X, January 14, 2026.

According to the source, U.S. Senator Tim Scott said the Trump crypto ethics language does not belong in the crypto market structure bill due to jurisdictional issues and will be pursued separately ahead of a Thursday vote; source: statement attributed to U.S. Senator Tim Scott via public report. This means the upcoming Senate vote concerns market-structure provisions only, not ethics rules; source: statement attributed to U.S. Senator Tim Scott via public report. Traders should track the Thursday vote for market-structure outcomes while noting that ethics provisions are on a separate track; source: statement attributed to U.S. Senator Tim Scott via public report.

According to @AltcoinDaily on X on Jan 14, 2026, US Congressman French Hill said he is looking forward to passing a crypto market structure bill, with a markup scheduled for Jan 15. @AltcoinDaily reported that Hill called it a good week in crypto and emphasized Jan 15 as the official markup date. @AltcoinDaily identified Jan 15 as the key timing reference for traders to monitor across BTC and ETH markets for any policy headlines.

According to @EleanorTerrett, the Senate Banking Committee GOP is set to hold a markup on a crypto market structure bill that spans 278 pages and includes 137 amendments, with a detailed breakdown posted on Crypto In America on Jan 14, 2026, source: Eleanor Terrett on X; Crypto In America. On the eve of the markup, Terrett highlights the large number of amendments that will be considered, a key procedural checkpoint for which proposals advance and which are discarded, source: Eleanor Terrett on X; Crypto In America. Because the session focuses on market structure, the outcomes are directly relevant for digital asset trading platforms and token issuers operating in U.S. markets, source: Eleanor Terrett on X; Crypto In America. Terrett also points to a podcast segment featuring Campbell J. Austin for additional context on the bill’s review and considerations, source: Eleanor Terrett on X; Crypto In America.

According to @BullTheoryio, the US Senate has released a draft crypto market structure bill intended to establish clear digital-asset rules rather than relying on legacy statutes, highlighting ongoing uncertainty over which agencies regulate what, source: @BullTheoryio. For trading, monitor the publication of the bill text and Senate timeline to evaluate impacts on token classification, exchange compliance, and custody frameworks that can shape liquidity access and headline risk across BTC, ETH, and US-listed crypto equities, source: @BullTheoryio.

According to @EleanorTerrett, a Senate Agriculture Committee spokesperson said the committee will hold its own crypto market structure markup on January 15, the same day the Senate Banking Committee Republicans plan their markup; source: @EleanorTerrett on X, Jan 7, 2026. This creates a busy day for crypto policy on Capitol Hill with simultaneous market structure markups scheduled by SenateAg and BankingGOP; source: @EleanorTerrett on X, Jan 7, 2026.

According to the source, Senator Cynthia Lummis announced she will not run for reelection, signaling the loss of a prominent pro-crypto lawmaker after her current term ends, source: social media post dated Dec 20, 2025 relaying the announcement. Lummis is a lead sponsor of the bipartisan Lummis–Gillibrand Responsible Financial Innovation Act, which outlines SEC and CFTC jurisdiction over digital assets and a market-structure framework, source: Congress.gov records for the Responsible Financial Innovation Act showing sponsorship by Senators Lummis and Gillibrand. She has publicly disclosed personal Bitcoin holdings and consistently advocated for clear stablecoin and broader digital asset rules, reinforcing her standing as a crypto policy champion, source: U.S. Senate financial disclosure reports and Congress.gov bill summaries for the RFIA. Her planned departure would remove an original RFIA sponsor from the next Senate, affecting the count of primary backers for digital asset legislation that traders monitor to gauge U.S. crypto regulation progress, source: Congress.gov sponsorship lists and legislative tracking records. Traders should track the RFIA docket and any stablecoin-specific bills on Congress.gov to assess the policy calendar shaping exchange compliance, token listings, and institutional participation in U.S. crypto markets, source: Congress.gov bill dockets for digital asset and stablecoin legislation.

According to the source, Cardano founder Charles Hoskinson said that Donald Trump’s meme coin launch and the broader politicization of crypto hurt the industry’s long-term prospects ahead of the 2026 U.S. midterm elections (source). According to the source, this frames a persistent U.S. policy and regulatory overhang that traders treat as headline risk, with potential pressure on risk appetite and liquidity for smaller-cap tokens (source). According to the source, market participants are guided to monitor U.S. election-linked policy news and regulatory developments as key drivers of crypto market sentiment into 2026 (source).

According to Avery Ching, decentralized perpetuals trading is making progress in the US under a proposal that mandates fully on-chain execution with autonomous, permissionless, credibly neutral, and non-custodial design, source: Avery Ching on X, Dec 17, 2025, x.com/AveryChing/status/2001176118527775074. The same proposal sets a practical requirement that decentralized perps must match or exceed centralized exchange user experience, establishing a high performance bar for latency, liquidity, and reliability, source: Avery Ching on X, Dec 17, 2025, x.com/AveryChing/status/2001176118527775074. For traders, this indicates that any US-compliant decentralized perps venue will need on-chain matching and settlement while preserving user custody, source: Avery Ching on X, Dec 17, 2025, x.com/AveryChing/status/2001176118527775074. The update referenced DecibelTrade in the context of this on-chain perps proposal, signaling ecosystem engagement around these requirements, source: Avery Ching on X, Dec 17, 2025, x.com/AveryChing/status/2001176118527775074.

According to Eleanor Terrett, Wyoming-based Custodia Bank has filed a petition for rehearing en banc asking the full Tenth Circuit to reconsider its October decision that sided with the Federal Reserve in denying Custodia a master account, extending the legal battle over direct access to Fed payment services. Source: Eleanor Terrett on X, Dec 16, 2025. A Federal Reserve master account provides a depository institution with direct access to payment and settlement services such as Fedwire and reserve account services, which directly affects a bank’s ability to provide fiat rails to clients. Source: Federal Reserve, Account Services and Master Accounts overview. En banc rehearing is not favored and is reserved for questions of exceptional importance or to maintain decisional uniformity under Federal Rule of Appellate Procedure 35, indicating a high bar for reconsideration. Source: Federal Rules of Appellate Procedure 35. For traders, this proceeding is a key regulatory risk indicator for U.S. crypto banking access and fiat on/off-ramp reliability, so monitoring whether the Tenth Circuit grants or denies en banc review can help assess counterparty and liquidity risks tied to bank-integrated crypto services. Source: Federal Reserve Financial Stability Report, May 2023; Eleanor Terrett on X, Dec 16, 2025.

According to @AltcoinDaily, the CFTC has withdrawn its prior crypto actual delivery guidance as part of a broader digital asset reform effort, signaling a regulatory reset for US retail leveraged crypto transactions; source: Altcoin Daily tweet dated Dec 11, 2025. The guidance in question is the CFTC’s 2020 Final Interpretive Guidance on Retail Commodity Transactions Involving Certain Digital Assets, which required actual delivery within 28 days to avoid retail commodity rules under 7 U.S.C. 2(c)(2)(D), shaping custody, settlement, and margin practices for US retail crypto transactions; source: CFTC Final Interpretive Guidance on Retail Commodity Transactions Involving Certain Digital Assets, 2020. Because the 2020 framework constrained how US platforms could offer margined or financed crypto to retail users, a withdrawal would remove that interpretive constraint and could alter product availability, liquidity, and spreads on US venues; source: CFTC Final Interpretive Guidance on Retail Commodity Transactions Involving Certain Digital Assets, 2020. Traders should seek confirmation via an official CFTC notice or Federal Register publication and monitor for changes in BTC and ETH spot and derivatives liquidity, adjustments to exchange margin offerings, and any new compliance guidance from US platforms; source: CFTC rulemaking and publication practices via Federal Register notices and CFTC.gov press releases.

According to @Matt_Hougan, US lawmakers are negotiating a crypto market-structure bill, with Democrats indicating they have accepted significant portions of @BankingGOP’s RFIA text while rejecting parts of the GOP’s December 4 offer (source: Matt Hougan on X, Dec 11, 2025). Citing a three-page Democratic counteroffer, journalist Eleanor Terrett reports the asks focus on token classification, illicit finance, ethics, and the GENIUS Act’s stablecoin-yield restrictions (source: Eleanor Terrett on X, Dec 11, 2025). @Matt_Hougan highlights that some policymakers justify yield limits as protecting banks, which would prevent ordinary users from earning interest via stablecoin products (source: Matt Hougan on X, Dec 11, 2025). These negotiation points are directly trading-relevant because they target yield-bearing stablecoin products and token-classification standards that shape exchange compliance and market structure in the US (source: Eleanor Terrett on X, Dec 11, 2025).

According to @EleanorTerrett, after a bipartisan meeting among senators working on a crypto market structure bill, several lawmakers share Sen. Warner’s view that securing a committee markup next week will be very hard, making a delay into the new year a real possibility for the Senate Banking Committee. Source: @EleanorTerrett on X, Dec 9, 2025. For traders, the immediate takeaway is that a committee markup next week is unlikely, trimming the probability of a near-term US legislative catalyst for crypto regulation. Source: @EleanorTerrett on X, Dec 9, 2025.

According to @EleanorTerrett, Sen. Mark Warner said at MoonPay’s New York office that completing a crypto market structure markup before the Christmas break is very hard because the Senate is still waiting on White House language for two sections, ethics and quorum, which remain unresolved and are gating near-term progress for the bill, source: @EleanorTerrett, Dec 8, 2025. According to @EleanorTerrett, Warner added that Republicans will have to decide whether this is a White House bill or a congressional call, underscoring internal process uncertainty that could delay a December committee action, source: @EleanorTerrett, Dec 8, 2025. According to @EleanorTerrett, Warner also said bipartisan staff are meeting daily for hours and that a bill will get done but must be correct, signaling reduced odds of a December markup and sustained focus on ethics and quorum language as the immediate catalysts traders should watch for headline risk, source: @EleanorTerrett, Dec 8, 2025.

According to @AltcoinDaily, a new video claims the White House has released bullish crypto news impacting BTC, ETH, and SOL (source: @AltcoinDaily on X, Dec 7, 2025). The post itself provides no policy specifics or data and only links to the video, offering no independently verifiable catalyst within the text (source: @AltcoinDaily on X, Dec 7, 2025).

According to @simplykashif citing a new Grayscale report, Bitcoin (BTC) has fallen roughly 30% since October, which Grayscale notes is consistent with about 50 similar drawdowns since 2010 and an average pullback near 30% (source: Grayscale). Grayscale adds that there have been nine dips since 2022 within an ongoing bull cycle, and the firm does not view the current move as the start of a deep bear phase (source: Grayscale). The report states that potential catalysts such as possible Federal Reserve rate cuts and improved U.S. crypto legislation could support market recovery and liquidity, and the firm expects new all-time highs next year (source: Grayscale). The historical takeaway highlighted by Grayscale is that such pullbacks are common in bull markets and have not typically derailed longer-term uptrends for patient holders (source: Grayscale).