XRP’s brief August rally has lost momentum, with the token’s price retreating to the $1.34–$1.37 range. Daily volatility has nearly evaporated, evidenced by Bollinger Bands tightening into a narrow horizontal line on the daily chart, according to TradingView data. Historically, this state of “anti-volatility” signals only one outcome for XRP: the market is hitting pause. ...
CLARITY Act Faces Critical Senate Vote as Industry Warns of Regulatory Vacuum With the Senate vote on the CLARITY Act just days away, Digital Chamber CEO Cody Carbone outlined the likely scenarios if the legislation fails to pass—and he isn’t sugarcoating the odds of a quick legislative fix. Don’t Expect a Lame-Duck Save Asked whether ...
Bitcoin Price Spikes, Shrugs Off Hot US Inflation Data Bitcoin’s price rose on Friday despite data revealing that U.S. inflation had accelerated, defying typical market expectations that higher inflation would pressure risk assets. Bitcoin Trades Near $79,000 Amid Inflation Surprise The largest cryptocurrency by market capitalization was recently trading close to $78,749 after jumping 2% ...
Coinbase CEO Brian Armstrong Projects $400,000 Bitcoin by 2030 Coinbase CEO Brian Armstrong has reiterated his long‑term bullish outlook for Bitcoin, stating that a price of $400,000 by 2030 is a “reasonable target.” In a recent interview, Armstrong outlined the key drivers behind his prediction, citing market cycles, evolving U.S. regulation, and growing institutional capital ...
Senate Republicans have circulated a revised 630-page version of the CLARITY Act mere days before a pivotal procedural vote that could shape the regulatory future of the broader cryptocurrency market, including major assets such as Bitcoin, XRP, and Ethereum. Partisan Dynamics Remain Unresolved Journalist Brendan Pedersen reported Thursday that the latest legislative text remains a ...
Coinbase CEO Highlights Bipartisan Progress on Crypto Legislation, Flags Ethics Negotiations Coinbase CEO Brian Armstrong said significant bipartisan progress has been made on comprehensive cryptocurrency legislation, though key ethics provisions for elected officials remain under negotiation. Broad Coalition Backs Measure Armstrong described the legislative process as collaborative, noting extensive input from stakeholders across the political ...
Ripple CLO Urges Senators to Hear From 67 Million Crypto Holders Before CLARITY Act Vote Ripple Chief Legal Officer Stuart Alderoty has called on undecided and opposing senators to meet with American cryptocurrency holders before a critical procedural vote on the CLARITY Act scheduled for September 15. In a public post, Alderoty said he contacted ...
Treasury Secretary Scott Bessent is pressing the Senate to advance the CLARITY Act when lawmakers return from their August recess, renewing pressure on Congress to establish a comprehensive regulatory framework for digital assets. In a post on X, Bessent warned that further delays could weaken U.S. leadership in crypto and limit the government’s ability to ...
Senator Lummis Defends CLARITY Act Amid Ethics Debate, Warns of Democratic Opposition Senator Cynthia Lummis insists the CLARITY Act will not fail over ethics concerns, but warns the bipartisan digital asset legislation could collapse if Democrats refuse to support what she describes as a consumer protection framework. The Wyoming Republican frames the upcoming Senate vote ...
BitGo CEO Mike Belshe Discusses AI and CLARITY Act on Bloomberg Live BitGo CEO Mike Belshe recently appeared on Bloomberg Live to discuss the intersection of artificial intelligence and the CLARITY Act, offering insights that come at a critical moment for cryptocurrency regulation. As regulators continue shaping the future of digital assets, this conversation highlights ...
CLARITY Act Faces Critical Senate Vote Hurdle as Republican Senators Warn of Potential Failure The CLARITY Act, legislation designed to establish a comprehensive regulatory framework for the cryptocurrency market in the United States, encounters a significant obstacle ahead of a pivotal Senate procedural vote expected on September 15. Two Republican senators have signaled that the ...
Bitcoin dipped below the $80,000 threshold as markets brace for upcoming U.S. inflation data and rising expectations of a Federal Reserve interest rate hike. While altcoins displayed mixed performance, Ethereum consolidated around the $2,480 level. BitMine President Tom Lee Identifies Four Catalysts for Ethereum Upside In a recent interview, BitMine President Tom Lee outlined a ...