Bitcoin Slides Toward $85,000 Despite Progress On US Crypto Market Structure ...
Bitcoin (BTC) continued to slide on Thursday, extending the downward trend seen throughout the week and briefly falling below the closely watched $85,000 level, despite progress on long-awaited US crypto legislation failing to lift market sentiment. Crypto Prices Fall Despite Regulatory Progress The decline came on the same day the Senate Agriculture Committee advanced its portion of the proposed crypto market structure legislation, known as the CLARITY Act. While the committee’s action was widely viewed as a positive development for the digital asset industry, it did little to support....
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The unveiling of the anticipated draft of the crypto-centric Market Structure Bill has stirred a wave of reactions and demands for key enhancements from industry stakeholders. Crypto Market Structure Bill Draft Under Scrutiny According to Crypto In America, the long-awaited market structure discussion draft presented by the Senate Agriculture Committee this week has left many in […]
White House officials met on Monday with leaders from the crypto industry and major banking trade groups in an effort to ease a key regulatory dispute that has slowed progress on the long‑anticipated crypto market structure legislation, known as the CLARITY Act. The meeting focused on one of the most contentious issues holding up the […]
Ethereum is primed to move lower in the days ahead as the cryptocurrency slides below $570 for the first time in many days. ETH is expected to see weakness in the near term as it slides below key technical levels with Bitcoin. One crypto-asset analyst recently shared the chart below, noting that Ethereum is moving below range lows in the $570 region. He thinks that as long as ETH holds below $570, the bear case […]
The anticipated crypto market structure bill, or namely the CLARITY Act, designed to provide essential regulatory clarity for digital assets in the United States, is approaching critical dates in the Senate. However, it faces significant complexities related to stablecoin yield, conflicts of interest, and decentralized finance (DeFi). Senate Divided On Crypto Market Structure Bill Legal […]