Bitcoinist·
Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing. Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the […]
Read full articleRecent filings with the SEC suggest the Binance Coin (BNB) may be the next altcoin to get a spot ETF in the US. In particular, asset management firms VanEck and Grayscale have repeatedly amended their S-1 registration forms, reflecting regulatory guidance and increasing the likelihood of a launch. Related Reading: XRP Records Over 400M In […]
A Nexo research analyst believes a full CLARITY Act approval from the Senate could trigger a BTC bull run.
After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in Bitcoin’s price might not be what it seems and could be a fakeout. Divergence Between BTC Price, Open Interest Suggests Imminent Reversal Pseudonymous crypto pundit Cryptic Trades took to the X platform to share an interesting take on Bitcoin’s recent price decline. The market analyst posited that a combination of on-chain signals points to the formation of a trap for BTC short-position traders. Firstly, Cryptic Trades highlighted a divergence between Bitcoin’s price and the Open Interest metric, which measures the total number of outstanding derivative contracts for a cryptocurrency. While BTC’s price fell towards $78,000, the Open Interest metric has been on an
The post Will XRP Explode as CLARITY Act Passes Senate Stage? ChatGPT Sees One Big Catch appeared on BitcoinEthereumNews.com. Home » Crypto Bits Could this important step be what XRP needs to finally break out? ‘; } function loadTrinityPlayer(targetWrapper, theme,extras=””) { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper.classList.add(‘played’); // Create script const scriptEl = document.createElement(“script”); scriptEl.setAttribute(“fetchpriority”, “high”); scriptEl.setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`); scriptURL.searchParams.set(“pageURL”, window.location.href); scriptEl.src = scriptURL.toString(); // Insert player const placeholder = targetWrapper.querySelector(“.add-before-this”); placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling); } function getTheme() { return document.body.classList.contains(“dark”)
Could this important step be what XRP needs to finally break out?
The post House Agriculture leaders urge Trump to fill CFTC seats before CLARITY Act passes appeared on BitcoinEthereumNews.com. The CFTC is about to get handed one of the biggest regulatory mandates in its history. It currently has one person to do the job. House Agriculture Committee Chair Glenn “GT” Thompson (R-PA) and Ranking Member Angie Craig (D-MN) sent a bipartisan letter to President Trump urging him to nominate four new commissioners to the Commodity Futures Trading Commission. The agency, which would gain sweeping new authority over spot trading of digital commodities under the Digital Asset Market CLARITY Act, has had four of its five seats vacant since December. Chairman Michael Selig is currently running the show solo. One commissioner, massive new responsibilities Congress is actively building legislation that would transform the CFTC from a derivatives-focused watchdog into a major player in crypto market oversight. The CLARITY Act already advanced through the Senate Ban
The CFTC's understaffing risks delaying effective crypto regulation, potentially undermining US leadership in digital asset oversight. The post House Agriculture leaders urge Trump to fill CFTC seats before CLARITY Act passes appeared first on Crypto Briefing.
VanEck and Grayscale updated BNB ETF filings as Canary pushed a staked TRX fund, adding pressure to the U.S. altcoin ETF race.
