⏱️ State of Crypto This Week: Your 60-second review • Veteran trader Peter Brandt says US Clarity Act passage unlikely to be 'world-shaking' for Bitcoin price, calling it needed but "not something that should redefine value" for the asset. • US Senate confirms pro-crypto Mike Selig as CFTC Chair and Travis Hill as FDIC Chair in 53-43 vote, with Selig pledging to make crypto a priority after replacing Brian Quintenz. • Single copy-paste mistake costs user $50M in USDT after mistakenly sending funds to scam address in classic address poisoning attack, one of the largest onchain losses this year. • UK's FCA launches wide-ranging crypto regulation consultation outlining proposed rules for exchanges, staking services, lending platforms and DeFi, targeting October 2027 implementation. • Fidelity macro lead Jurrien Timmer predicts $65K Bitcoin bottom in 2026, suggesting the four-year cycle may have ended with 2026 as a potential "year off" for Bitcoin. • US lawmakers propose a $200 tax exemption for stablecoin payments and delayed taxes on staking rewards. What's your top crypto story from this week? 👇(Cointelegraph)