Bitcoin Slips Below 80K as CLARITY Act Vote Puts Crypto Rules in Focus

After months of negotiations involving the crypto industry, the banking sector, and lawmakers who had been publicly calling for changes, the long-awaited CLARITY Act has cleared a major step toward becoming law.  The measure advanced with support across party lines in the Senate Banking Committee, winning the last pre–full Senate vote hurdle ahead of the […]

Crypto analyst Xanrox has advised market participants against buying Bitcoin, warning that a crash is looming for the leading crypto. Instead, the analyst advised buying altcoins, which are likely to offer greater gains.  Analyst Advises Against Buying Bitcoin With Crash Looming In a TradingView analysis, Xanrox advised against buying Bitcoin, citing the crypto’s bearish price action. Commenting on BTC’s daily chart, he noted that the LOG scale shows a bearish flag pattern, indicating bearish price action. He added that it will be a technical error to buy or go long at the resistance of the channel.  Related Reading: 9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash Xanax further revealed that Bitcoin’s price is currently within the channel, indicating a huge selling wall above the current price. The analyst admitted there is still a chance BTC could rise to between $83,000 and $84,000. However, he advised opening a short position at this point rather than longi

The United States Senate Banking Committee took a definitive step toward establishing a national regulatory framework for digital assets on Thursday by advancing the Digital Asset Market Clarity Act. Bitcoin Taps $82K as Senate Banking Committee Advances CLARITY Act Known as the CLARITY Act or H.R. 3633, the piece of legislation moved out of the […]

Cardano founder Charles Hoskinson said Monero represents the kind of privacy-preserving cryptocurrency Bitcoin might have become if stronger cryptographic tooling had been available at the time, praising the project’s technical design and its refusal to dilute its cypherpunk principles. Speaking in an interview with David Gokhstein, the Cardano founder framed Monero not as a marginal […]

The landmark crypto bill now passes onto the Senate floor for final approval, though many hurdles remain.

Senate Banking advances the CLARITY Act as crypto market rules face fights over stablecoins, ethics, and illicit finance. The post Senate Banking Committee passes Digital Asset Market Clarity Act appeared first on Crypto Briefing.

Bipartisan CLARITY talks collapsed after overnight negotiations failed. Senators say the bill is “99%” done but stalled on remaining issues. Dispute over BRCA wording blocks protections for noncustodial devs. The United States Senate will start voting on the Clarity Act today after an epic failure in bipartisan efforts. Overnight discussions failed to bridge the final […] The post Clarity Act Vote Begins Today After Bipartisan Deal Falls Apart appeared first on Live Bitcoin News.

Senate Democrats intensified efforts to challenge the CLARITY Act, warning the crypto market structure bill could leave major illicit finance vulnerabilities unresolved. The push to challenge the legislation coincided with a separate request for a federal investigation into World Liberty Financial. Lawmakers Warn CLARITY Act Could Widen Crypto Finance Gaps Senate Democrats intensified criticism of […]