The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.
The post Bitcoin Optimism Climbs As CLARITY Act Advances In U.S. Senate Committee appeared on BitcoinEthereumNews.com.
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Home Crypto News Bitcoin Optimism Climbs as CLARITY Act Advances in U.S. Senate Committee
Source: https://bitcoinworld.co.in/bitcoin-optimism-clarity-act-senate-committee/
The post House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act appeared on BitcoinEthereumNews.com.
The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill. In a Friday letter to Trump, House Agriculture Committee Chair Glenn Thompson and ranking member Angie Craig asked the president to “nominate a full panel” of bipartisan leaders for the US Commodity Futures Trading Commission (CFTC). The representatives cited “urgent regulatory issues” facing the US regulator in addition to a “significant rulemaking process” required if the Digital Asset Market Clarity Act (CLARITY) becomes law. “Ensuring the Commission is well-equipped as the leading derivatives markets regulator in the world is a bipartisan priority for the members of our Committee,” said Thom
The post House Ag Leaders Urge Trump To Fill CFTC Vacancies As CLARITY Act Vote Nears appeared on BitcoinEthereumNews.com.
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Source: https://bitcoinworld.co.in/house-ag-leaders-cftc-vacancies-clarity-act/
The post Why Is the Crypto Market Bleeding Today? appeared on BitcoinEthereumNews.com.
The crypto market continued plunging after unfavorable macroeconomic data. It erased the gains that came after the CLARITY Act’s advancement in the U.S. Senate. Why Is The Crypto Market Down Today? For context, the crypto market decline follows the release of hotter-than-expected U.S. inflation data, leading to another round of selling of major digital assets. Bitcoin price fell below the key $80,000 mark and altcoins followed suit following a decline in investor appetite for risk. Traders are cautious of the Federal Reserve’s intentions to maintain an elevated interest rate regime for a longer duration. The latest U.S. inflation data shows that the core Producer Price Index (PPI), which strips out food and energy, rose 1% in April 2026. However, economists had expected a much lesser increase of just 0.3%. The reading was the highest increase on the month since March 2022 and was accompanied by an up
The post Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead appeared on BitcoinEthereumNews.com.
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo’s defining areas of expertise lies in technical analysis. He firmly believes that studying charts and
The post CME and ICE target Hyperliquid over manipulation appeared on BitcoinEthereumNews.com.
CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. Summary CME Group and ICE, the NYSE parent, asked the CFTC and Congress to investigate Hyperliquid for manipulation and sanctions risks. Hyperliquid’s HYPE token fell roughly 6%, dropping from above $45 to below $43 following Bloomberg’s report. The Hyperliquid Policy Center has engaged the CFTC separately, seeking a tailored regulatory framework for on-chain derivatives. CME and ICE warned that Hyperliquid’s anonymous, round-the-clock perpetual futures trading could distort global commodity benchmarks, particularly in oil markets. The exchanges also flagged risks of insider coordination and sanctions evasion by state-linked participants exploiting the platform’s permissionless structure. Hyperliquid holds a market capitalisation of approximately $10.3 billion, making HYPE the 13th-
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts say it could further cool sentiment that traders had hoped would carry into stronger price action. The concern is not limited to Bitcoin: the same macro pressure could spill into Ethereum (ETH) and Solana (SOL), where conditions often translate into sharper day-to-day moves. ‘Broadly Bearish’ For Bitcoin Market expert Alex Carchidi of The Motley Fool frames April’s inflation reading as particularly difficult to absorb. According to the Consumer Price Index (CPI) data released on May 12, prices rose 3.8% year over year. A key driver was energy, which jumped 17.9% as costs climbed amid the US-Iran conflict. Related Reading: Bitcoin And XRP Climb On CLARIT
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Source: https://bitcoinworld.co.in/trump-declares-complete-victory-iran-military-operations/