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.
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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
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.
Stablecoin dominance pushes above the fast line as BTC flashes a second TBT bearish divergence. Altcoin breadth is cracking. The 10.6% level is what to watch The weekend is not looking clean for crypto. Bitcoin’s daily candle printed a second TBT bearish divergence, per MooninPapa on X. RSI already cut below recent pullback lows from […] The post Capital Is Running to Stablecoins. What Happens to Alts Next Is Ugly appeared first on Live Bitcoin News.
Morgan Stanley's increased Solana exposure signals growing institutional interest in crypto, potentially influencing broader market adoption. The post Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF appeared first on Crypto Briefing.
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.
XRP is experiencing a significant price retracement after being rejected at $1.55. So far in May, the altcoin’s price movement has been unstable, with each gain followed by a prominent dip, yet it has formed an ascending trendline. XRP finds itself in a similar situation as prices have corrected by over 7% in the past three days. Notably, the market analysis page, MCO Global, has shared some insights on this situation, discussing the altcoin’s potential to sustain its trendline or be exposed to major downside targets. Related Reading: XRP Leverage Expansion Raises Risks Near $1.50 Resistance – A Big Move May Follow XRP Recovery Hinges On Pivotal $1.40 Support In an X post on May 15, analysts from MCO Global have highlighted the key short-term price levels in the present XRP market structure. Given the volatile action over the past two weeks, experts concur that market participants are nervous about price direction. However, amid this choppy price action, XRP has maintained an important
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…