The co-founder and former CEO of the world’s largest corporate holder of bitcoin is the latest to weigh in on the failed advancement vote of the CLARITY Act in the US Senate on September 15. He outlined an alternative path for the US crypto industry, arguing that widespread adoption could ultimately provide stronger protection for […]
The US Senate failed to advance the Digital Asset Market Clarity Act after the procedural vote fell short of the 60 needed to move forward. While this was “disappointing,” Coinbase co-founder Brian Armstrong said that bipartisan talks may continue and the bill could get another chance. The exec, however, acknowledged that the industry “cannot wait” […]
Bitcoin briefly dropped to $76,700 after the latest inflation data before recovering toward $78,000. According to QCP Capital, this “contained” reaction is a sign that markets have largely absorbed the prospect of a 25-basis-point rate hike. The firm explained that BTC’s technical setup remains constructive at current levels, although conviction is still dependent on the […]
The latest stage of negotiations over the CLARITY Act has moved the bill toward a key vote while major disagreements remain. Senate Democrats sent Republicans their counterproposal late Monday after reviewing the newest Republican draft released a day earlier. The timing came just before the legislation’s first scheduled Senate vote on Tuesday afternoon. CLARITY Act […]
Although there are several major economic events taking place in the following five business days, the reality is that only a handful of them could (and most likely will) impact the cryptocurrency market. That impact, though, is expected to be quite vicious in either direction. The Kobeissi Letter highlighted an auction of 20-year securities, August […]
The CLARITY Act has received another round of changes as Senate Republicans try to secure enough Democratic support for Tuesday’s procedural vote on the cryptocurrency market structure bill. The latest version, which consists of 635 pages, includes an ethics framework backed by President Donald Trump that would restrict public officials from issuing or sponsoring digital […]
Although the upcoming vote on the Digital Asset Market Clarity Act is not a final passage vote, it still holds significance for the broader crypto market as senators will decide whether to advance debate on the legislation. Cloture requires 60 votes, meaning that even if all Republicans support it, they would still need assistance from […]
All crypto eyes have turned to the two major events next week (and the CPI inflation data on Friday), with some favoring the FOMC meeting, while others put more emphasis on the CLARITY Act vote on September 15. The XRP community appears to be in the second camp, as the countdown to the vote has […]
President Donald Trump met with executives from Coinbase, Ripple, Gemini, and other major crypto companies at the White House on Wednesday as the administration sought to take a stronger position in the digital asset industry. The discussion focused heavily on the Digital Asset Market Clarity Act, Bitcoin, and the push to bring more crypto activity […]
The U.S. Securities and Exchange Commission (SEC) said Monday it will hold an open meeting this Friday, August 14, to consider proposing new rules that would create a tailored offering path for certain crypto investment contracts. The announcement lands just days after the Senate pushed its next procedural vote on the CLARITY Act to mid-September, […]
- 1
- 2