TD Securities highlights upcoming index rebalancing dates for SpaceX post-IPO, emphasizing their importance for investors. Despite not being fast-tracked into the S&P 500, SpaceX's inclusion in other indexes like Nasdaq 100 is crucial.
Galaxy Digital reduces probability of Senate passing crypto bill (CLARITY Act) by 2026 to 60% from 75%, citing closing legislative window before August recess and unresolved provisions.
The US Senate is set to resume consideration of the CLARITY Act, a crypto market structure bill passed by the House. The bill, which aims to give more authority to the commodities regulator over digital assets, faces debate over stablecoins and ethics provisions, with a potential Senate vote by August.
JP Morgan CEO Jamie Dimon opposes the Clarity Act, criticizing Coinbase CEO Brian Armstrong for spending hundreds of millions to support it, particularly over stablecoin yield regulations.
Bitcoin's price surge to $82,400 was rejected at the 200-day moving average, a key technical indicator. This pullback to $76,000 mirrors a 2022 pattern, suggesting underlying market weakness despite some on-chain data nuances.
Bitcoin dropped below $78,000, wiping out $80 billion in market value and triggering $980 million in liquidations. The decline, exacerbated by weakening ETF demand and macroeconomic pressures, tested market structure despite positive regulatory news.
A US Senate crypto market structure bill, crucial for regulatory clarity, faces an August deadline. Delays and potential midterm election shifts risk its passage, with experts suggesting a post-election lame-duck session as a possibility if Republicans retain Senate control.
The US Senate Banking Committee voted 15-9 to advance the Digital Asset Market Clarity Act (CLARITY), aiming to establish regulatory clarity for crypto markets, with Republicans and two Democrats supporting it amid concerns over consumer protection, innovation, and national security.
The Senate Banking Committee is set to markup the Clarity Act, a comprehensive crypto market structure bill, amidst intense lobbying from both the crypto industry and traditional financial institutions, particularly over stablecoin regulations.
The Senate Banking Committee's CLARITY Act, aimed at regulating crypto markets, faces over 100 amendments ahead of markup, testing fragile compromises on stablecoins, banking, and crypto industry interests.
The US Senate Banking Committee has filed over 100 amendments to a crypto market structure bill, with proposed changes related to stablecoins, software developers, and ethics.
Some lawmakers continue to push for ethics provision in the bill as bipartisan support is necessary for the CLARITY Act to pass a Senate floor vote.
After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor.
After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor.
Bitcoin’s MVRV suggests a shift to bullish momentum as BTC's market structure strengthens, which may be an early sign of a new bull market.
Bitcoin’s MVRV ratio suggests a shift to bullish momentum as BTC's market structure strengthens, which may be an early sign of a new bull market.
The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for the legislation.
Kirsten Gillibrand said that the US Senate had to address lawmakers potentially getting “rich off of these industries because of their insider status“ before any vote on the CLARITY Act.
Senator Kirsten Gillibrand said the Senate must address lawmakers potentially getting “rich off of these industries because of their insider status“ before any vote on the CLARITY Act.
Brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could advance the legislation.
Brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could advance the legislation.
The CLARITY Act’s next problem is whether Senate Republicans can keep the crypto market structure bill on schedule while a housing dispute and unresolved DeFi protections pull the markup into a narrower window. The act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and […] The post CLARITY Act risks slipping as housing fight stalls Senate crypto markup appeared first on CryptoSlate.
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
