Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles

Binance's leadership shift may signal a strategic pivot towards DeFi and self-custody, impacting its marketing and partnership strategies. The post Binance CMO Rachel Conlan to depart on June 15 after three years appeared first on Crypto Briefing.

The post Breaking Ground: New Legislation Poised to Reshape Crypto Landscape appeared on BitcoinEthereumNews.com. In a historic move, the US Senate Banking Committee has greenlit the Clarity Act, a pivotal bill aimed at setting comprehensive regulations for the digital asset industry. Passing with a 15 to 9 vote, the legislation drew support from two Democratic senators alongside Republican members, marking a crucial step in the ongoing legislative process. Continue Reading:Breaking Ground: New Legislation Poised to Reshape Crypto Landscape Source: https://en.bitcoinhaber.net/breaking-ground-new-legislation-poised-to-reshape-crypto-landscape

Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional financial firms have largely stayed on the sidelines not because of disinterest, but because of regulatory uncertainty. Once the Clarity Act passes, he said, that changes. Large brokerages, wealth managers, and fund companies would be free to move — and Edelman believes many are ready to do exactly that. Morgan Stanley has already told its advisers to begin adding small crypto positions to

The post Gold inches higher above $4,650 amid Trump–Xi summit hopes appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate cuts have largely faded. Traders will closely monitor US President Donald Trump’s meeting with Chinese President Xi Jinping in Beijing. Trump and Xi called for a better US-China relationship on Thursday as they began a two-day summit likely to cover issues ranging from tariffs to artificial intelligence. Xi reportedly told the US business leaders their companies could be “deeply involved in China’s reform and opening up” and that “China’s door will only open wider.”  Trump said after Thursday’s meetings that Xi offered help to resolve the conflict and pledged not to provide military equipment to Iran.  Xi also wants to see the critical Strait of Hormuz reopened.  “The market is trying

The trade talks could reshape global tech supply chains, impacting sectors from AI to agriculture, and influence digital asset markets. The post Trump leads delegation of 17 executives to Beijing for trade talks appeared first on Crypto Briefing.

The post Coinbase stock surges 8% as CLARITY Act advances appeared on BitcoinEthereumNews.com. Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. Summary Bitcoin hit $82,000 following the committee vote before retreating to $81,500, up 2.5% on the day. Strategy climbed 7% and Bitmine advanced 5.6%, with broader crypto equity gains extending to Nasdaq and S&P 500 record highs. The bill still requires a full Senate vote with a 60-vote threshold and reconciliation with a House-passed version before it can reach the White House. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with support from two Democratic senators providing the bipartisan margin that moves the bill toward the full Senate. Coinbase CEO Brian Armstrong had backed the current version of the bill ahead of the vote, calling it “closer than ever” to becoming law and describing the stablecoin yield compromise as

The post Trump Signals Stronger U.S.-China Ties During Beijing State Visit appeared on BitcoinEthereumNews.com. Trump Signals Stronger U.S.-China Ties During Beijing State Visit Skip to content Home Crypto News Trump Signals Stronger U.S.-China Ties During Beijing State Visit Source: https://bitcoinworld.co.in/trump-signals-stronger-us-china-ties-beijing-visit/

The post Kraken migrates to Chainlink CCIP for kBTC appeared on BitcoinEthereumNews.com. Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for its ISO 27001 and SOC 2 compliance, 16 independent nodes, native rate limits, and enterprise-grade security standards. The migration covers Kraken Wrapped Bitcoin (kBTC) and all future Kraken wrapped assets deployed across DeFi protocols. The move follows similar migrations by Kelp, Solv, and Re after the $292 million KelpDAO exploit in April that hit a LayerZero-powered bridge. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its exclusive bridge infrastructure going forward. The exchange did not specify a migration timeline but said the switch covers kBTC, its 1:1 Bitcoin-backed wrapped token, and all future Kraken wrapped assets that it plans to bri