CLARITY Act Clears Committee, But Money Laundering Question Hovers Over Crypto
Last year, there was a 162% year-over-year increase in illicit crypto flows driven by a 694% jump in value received by sanctioned entities.
Crypto News·
The CLARITY Act cleared the Senate Banking Committee 15 to 9 on May 14, but analysts say significant obstacles remain before it can become law. The CLARITY Act cleared the Senate Banking Committee in a 15 to 9 bipartisan vote…
Read full articleLast year, there was a 162% year-over-year increase in illicit crypto flows driven by a 694% jump in value received by sanctioned entities.
The Solana price has struggled to shake off its early-year woes despite a slightly improved general market climate in recent weeks. After falling from a nearly $150 valuation in the first quarter of 2026, the altcoin has been stuck within a consolidation range between $75 and $100 over the past few months. The upper boundary of this consolidation zone proved formidable after the Solana price failed to fully capitalize on the injection of bullish momentum (triggered by news of the CLARITY Act passing the US Senate banking committee). A popular market analyst on the social media platform X has identified this specific resistance level and what lies on the other side for Solana. A Break Above $98 Could Mean A Sustained Rally For SOL Price In a recent post on the X platform, crypto pundit Ali Martinez pinpointed $98 as the level to break for the Solana price to reach its upside potential. According to the analyst, the cryptocurrency could embark on an approximately 30% rally if it sustains
The CLARITY Act's progress signals a pivotal shift towards clearer crypto regulation, potentially enhancing market stability and investor confidence. The post CLARITY Act clears Senate Banking Committee with bipartisan support appeared first on Crypto Briefing.
The XRP market has seen a notable shift in large holders’ activity. Analyst Amr Taha, in a recent CryptoQuant post, highlights the implications of this changing dynamic and how it might affect the altcoin’s price. Related Reading: The CLARITY Act Is Not The Only Win For XRP, Here Are Other Wins For Ripple Large Holders […]
The Trump ethics fight over crypto is now the biggest obstacle to the CLARITY Act reaching 60 Senate votes. Analysts and lawmakers have identified the ethics provision as the CLARITY Act’s most consequential unresolved issue heading to the Senate floor.…
Santiment warned that Bitcoin social media euphoria spiked following the CLARITY Act’s Senate Banking Committee vote on May 14. Sentiment analytics platform Santiment posted on X and its community insights platform on May 15, tracking a sharp rise in positive…
The bullish comments rose after the CLARITY Act progress last week, but that's not always a good thing.
The interim Fed leadership highlights potential governance challenges and market uncertainties during transitions, impacting economic stability. The post Powell gets temporary Fed chair role as Senate-confirmed Warsh prepares to take over appeared first on Crypto Briefing.