Cryptocurrency News: White House Crypto Chief Exits as Clarity Act Stalls and Pepeto Tops $11.2M

Cryptocurrency news this week feels like a waiting room. The man who ran the White House crypto council is leaving, The Block reports. No one has replaced him yet. In September, the Clarity Act fell short of the 60 Senate votes it needed, COINOTAG notes.

The whole market slipped 2.04% in a day to $2.74 trillion. Washington tends to move in years, not weeks. The headlines belong to Bitcoin and XRP. Yet bigger gains tend to sit one step earlier. Pepeto, a meme coin sale whose staking pays out at listing, sits above $11.2 million in sales.

Cryptocurrency News: White House Crypto Chief Patrick Witt Steps Down

Patrick Witt, head of the President’s crypto council, is leaving, The Block reported on October 14. A White House official said his job there had ended, and no successor is in place. He follows David Sacks, who left in March, and deputy Harry Jung, who left in July.

The Clarity Act, which would set clear market rules, now waits. Law firm DLA Piper says Congress may wait until January 2027. The open fight is over whether stablecoins can pay holders rewards. In this cryptocurrency news, rewards are the sticking point.

Cryptocurrency News Watch: A Presale That Pays Stakers and Two Big Coins on Hold

Pepeto: Stakers Earn While Washington Argues

Big coins fell this week while the Clarity Act sat stuck. Washington still argues over rewards for stablecoin holders. Pepeto’s stakers already earn theirs. This meme coin is still in presale, and its cofounder also built the first Pepe coin. Its staking runs today, before the token ever lists.

The token costs $0.0000001901 at the current stage, and that price climbs at each new one. Staking means you lock your tokens in a pool and earn more tokens for it. Stakers earn 160% APY right now, though the rate is not fixed. It comes from the reward pool and the amount staked, and it updates daily.

Locked plans pay the rate shown when you join, for the full term. All rewards become yours to claim at listing. Your stake keeps earning even while the price waits. Analysts project 100x for Pepeto after listing, though nothing is promised.

The rest of the product works too. PepetoSwap, its exchange, charges a 0.00% swap fee, so a $1,000 trade costs $0 instead of $3 on Uniswap. Your coins stay in your own wallet when you swap. The team passed KYC with SolidProof, which also audited the contract. That lowers two big presale risks, a broken contract and a hidden team.

Pepeto is close to complete. The exchange is live, the bridge and scanner run, and staking pays every day. Nothing here waits on a vote in Congress. With the product working, the presale has gathered more than $11.2 million so far. A Binance listing is approaching, and every stage before it costs less than the one after.

Bitcoin: ETF Funds Lose $65.4 Million in One Day

Bitcoin trades at $81,370.62 on CoinMarketCap, down 2.47% in a day and 36% below its $126,198 record from October 2025. On October 12, US spot Bitcoin funds lost $65.4 million, all from BlackRock’s IBIT, Yahoo Finance reports.

Those funds still hold about $57.1 billion in total net inflows. In this cryptocurrency news, fund flows keep Bitcoin steady. Getting back to its record would take a 55% climb from here.

XRP: Fund Buyers Add $11.31 Million, but $1.32 Must Hold

XRP sits at $1.33 on CoinMarketCap, down 2.72% over 24 hours and 65% under its $3.84 high from January 2018. US spot XRP funds took in a net $11.31 million from October 5 to 9, with Bitwise adding $10.55 million, per Yahoo Finance. Support sits at $1.32 to $1.38, and resistance waits at $1.50 to $1.56. XRP would need almost 3x just to see that old high again.

Conclusion

Rather than watching Washington’s cryptocurrency news hour by hour, you could look one step earlier. The last cycle showed what moving first was worth. Bitcoin fell to $15,460 on November 21, 2022, LMAX Digital records, and later hit $126,198, about 8x for anyone who bought into the fear. If you missed that run, this is a second chance to be early.

The goal is not only a pump, though analysts project 100x. At today’s stage, $500 buys about 2.63 billion tokens, which would be $50,000 at 100x, with no guarantee. The Pepeto official website raises the price at each stage. This time, you can see the early stage while it is still open.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What Happened in Cryptocurrency News at the White House This Week?

The White House crypto chief, Patrick Witt, is leaving, and no successor is named. The Clarity Act also stays stuck after failing a Senate vote on September 15.

What Milestone Has Pepeto Reached Before Its Listing?

Pepeto has passed $11.2 million in its presale, and stakers already earn rewards they claim at listing. The Pepeto official website shows the current stage, and the next one costs more.