Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000
The Senate's 4950 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell. Source:CoinDesk
There were many conductors in the derailment of the crypto industry's Clarity Act
Last minute, behindthescenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on. Source:CoinDesk
Crypto stocks sink after Senate rejects Clarity Act
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a longawaited market structure bill. Source:CoinDesk
Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60vote hurdle. Source:CoinDesk
Crypto Clarity Act flames out in failed U.S. Senate vote
The yearslong effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60vote hurdle.…
Crypto Clarity Act barrels toward disappointment barring last-minute Senate turnaround
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.…
European Central Bank calls for merchants to participate in digital euro pilot
The 12month test will put a beta version of the central bank currency through online, mobile, instore and peertopeer payments. Source:CoinDesk
Clarity Act's odds of passing plunge as Republicans reject Democrats' counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s nearterm prospects as negotiations remained stuck hours before a key Senate vote.…
Standard Chartered predicts Arbitrum's ARB to rise 70-fold to $10, citing Robinhood Chain revenue
The bank expects tokenization to make Arbitrum a favored network for traditional finance, even though ARB holders currently have no direct claim on the fees.…
To ensure permanent economic innovation, we must pass the Clarity Act now
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (DMich.)…
Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source:CoinDesk