Morning Minute: CPI Comes In Hot; Stocks, Crypto Shrug

CLARITY Act Draft: What New Crypto Rules Could Mean The post CLARITY Act News: Fresh Draft Is Out – What Next for Crypto? appeared first on 99Bitcoins.

Persistent inflationary pressures may lead to prolonged high interest rates, impacting economic growth and investment strategies. The post Wall Street inflation fears rise as CPI hits highest since 2022 appeared first on Crypto Briefing.

The post Charles Hoskinson Calls Clarity Act Section Removal ‘Insanity’ and ‘Dystopian Nightmare’ appeared on BitcoinEthereumNews.com. The Section 604 Destroying open source software Charles Hoskinson sharply criticized efforts to remove Section 604 from the proposed Digital Asset Market Clarity Act after the National Fraternal Order of Police urged U.S. senators to reconsider the provision. The debate centers on whether open-source crypto developers and infrastructure providers could face legal exposure for how third parties use blockchain technology. The Section 604 In a letter sent to Senators Tim Scott and Elizabeth Warren, National Fraternal Order of Police President Patrick Yoes argued that Section 604 would weaken law enforcement’s ability to pursue financial crimes involving cryptocurrency. The organization warned that exempting “non-controlling developers or providers” from being treated as money transmitters could make it harder for prosecutors to target criminal networks usi

As Bitcoin (BTC) attempts to hold $80,000 as support, some market analysts have warned about a crucial resistance area that could make or break the flagship crypto’s bullish rally. Related Reading: Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress Bitcoin Bull Rally Meets Key Resistance In a Tuesday analysis, market watcher Ali Martinez highlighted a “crucial resistance barrier that has the potential to put an end to the recent Bitcoin bull rally” that has sent the price to its highest levels in months. He explained that BTC has been attempting to clear the 200-day Simple Moving Average (SMA), near $82,500, for three consecutive days. A breakout above this level could trigger a rally toward the $94,000 area, Martinez affirmed, while a rejection could send the price to retest the 50-day SMA around $75,000. However, the failure to reclaim this level may suggest that the market “is struggling to find the follow-through volume needed for a breakout.” The analys

The post Ethereum Price Prediction: ETH Pattern Resembles Past Surge appeared on BitcoinEthereumNews.com. Ethereum is holding near a key support area while its short-term correction remains active. At the same time, the weekly chart shows ETH forming a setup that looks similar to past consolidation zones before larger rallies. Ethereum Holds $2,220 Support as ETH Correction Stays Active Ethereum remains in a corrective phase after briefly breaking below Friday’s swing low during CPI driven volatility, according to a chart shared by MCO Global on X. The 1-hour ETH chart shows price slipping below a short-term support area before stabilizing near the same zone. The move came after stronger-than-expected inflation data added pressure to risk assets and reduced expectations for quicker rate cuts. Ethereum 1-Hour Chart. Source: MCO Global on X MCO Global said Ethereum has not confirmed a local low yet. The chart places the next key support near the $2,220 swing low, which now acts as the ma

The post US Dollar: Hot CPI keeps Fed cautious – Danske Bank appeared on BitcoinEthereumNews.com. Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation, reinforcing concerns about persistent underlying price pressures. Shelter and super-core components rose, while core goods remained flat. They note markets will watch upcoming PPI data to see if it confirms similar momentum and keeps the Federal Reserve (Fed) cautious. Services and shelter drive CPI higher “In the US, April PPI data is due for release. Yesterday’s CPI print showed sticky monthly services and super-core inflation, reinforcing concerns around persistent underlying price pressures. Markets will watch whether PPI confirms similar price momentum.” “Headline inflation rose 0.6% m/m SA, in line with expectations, while core inflation was stronger than expected at 0.4% m/m SA (cons 0.3% m/m). Shelter rose 0.6% m/m and “super-core” (core services ex she

The post U.S. Senate Banking Committee Sees Swarm of Amendments before Vote on CLARITY Act appeared on BitcoinEthereumNews.com. The U.S. Senate Banking Committee is readying for a notable vote on the crypto market structure bill, also known as the CLARITY Act. Particularly, before this vote, the U.S. Senate Banking Committee has reportedly received a staggering swarm of over 100 amendments for the draft legislation. U.S. Senate Banking Committee Receives Over 100 Amendments to Crypto Market Structure Bill According to Politico, ahead of the U.S. Senate Banking Committee’s markup vote on the crypto market structure bill, the CLARITY Act, committee members have submitted more than 100… pic.twitter.com/6yH0SH7Rgc — Wu Blockchain (@WuBlockchain) May 13, 2026 As per the reports, the rising number of such revisions underscores the increasing divisions between the Senate members over the regulation of the digital asset mechanisms in the U.S. Additionally, many senators are favoring more strin

Senate Minority Leader Chuck Schumer wants “a good crypto bill to pass,” signaling potential bipartisan openness as U.S. lawmakers race to finalize two major digital asset laws in 2026. FROM OPPOSITION TO OPENNESS Schumer’s comment came during what has been a turbulent stretch for U.S. crypto legislation. Earlier in the debate over the GENIUS Act […]