Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
By Shradha DineshThe Clarity Act, a bill which would have established a regulatory framework for cryptocurrencies and other digital assets, has failed to pass a procedural Senate vote. The votes fell short of the 60 needed to invoke cloture, or to progress the bill to the next stage, coming in at 49…
Updates at 3:12 PM ET with the procedural vote failing in the Senate; updates stock and crypto price movements. Updates at 3:50 PM with quotes from Algebra's Vladimir Tikhomirov.Bitcoin fell as much as 4.9% on Tuesday from Monday's high of nearly $80K as the Clarity Act failed to progress out of co…
The CLARITY Act promised to bring clarity to crypto. Instead, the Senate delivered another dose of uncertainty—and crypto investors paid the price.The U.S. Senate on Tuesday failed to advance the landmark crypto market structure bill, with a 49–50 cloture vote falling well short of the 60 votes need…
Ripple added Louisville Athletics to its growing college sports portfolio Tuesday, placing XRP branding on Denny Crum Court for every Louisville home basketball game this season.What the Louisville Deal IncludesAccording to a Tuesday press release, the multi-year deal puts the XRP logo as a permane…
Global interest rates and cross-asset markets are waking up to an "energy / petrochem shock 2.0" as crude shortages become increasingly "terminal," according to Nomura strategist Charlie McElligott. Once again, crude oil is proving to be "the straw that stirs the drink" of the current global macr…
By Hannah LangThe U.S. Senate is set to vote on Tuesday on whether to advance the first comprehensive cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.The bill, dubbed the Clarity Act, would …
are facing a tougher test as the renewed U.S.-Iran conflict pushes oil above $100 a barrel and Treasury yields toward 5%, creating a more attractive alternative for institutional capital.The funds recorded roughly $463 million in net outflows last week, ending three consecutive weeks of inflows. Bu…
Senate Republicans dismissed Democrats’ CLARITY Act counterproposal Tuesday as Polymarket odds fell back to 12% ahead of the afternoon’s cloture vote.Where Negotiations StandWidely-followed market commentator Scott Melker posted on X that Senate Republicans dismissed the Democratic counterproposal o…
Bitwise CIO Matt Hougan doesn't expect the Senate to pass the CLARITY Act on Tuesday, but said failure to advance the bill could leave lawmakers with little time to revive a crypto market-structure framework that he believes could unlock a new wave of Wall Street investment.“I don't think it's going…
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Sen. Elizabeth Warren, who has repeatedly called for stronger cryptocurrency legislation to combat illicit finance and protect investors, says she remains determined to get a bill signed into law — even if she doesn’t support the current Clarity Act.The Massachusetts Democrat told reporters Tuesday …
By Callum KeownIt's crunch time for cryptocurrencies.The Senate will vote on the Clarity Act, a key bill for crypto regulation, on Tuesday afternoon.Bitcoin and crypto-exposed stocks were falling ahead of the vote, though, after enjoying a rally in recent months as the legislation's chances of being…