Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“
Related Posts
US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown
A leaked draft from the US Senate Banking Committee Democrats outlines an aggressive approach to decentralized finance (DeFi), proposing that any person or firm “designing, deploying, operating or profiting from a DeFi front-end” be regulated as a broker and register with the SEC or CFTC. Related Reading: Ripple Execs Meet Luxembourg’s Finance Minister: A Deal […]
Bitcoin Realized Profit/Loss Reveals Underlying Structural Shift — What’s Happening?
Based on data from the weekly price chart, Bitcoin is witnessing a significant loss of over 6% following recent widespread market liquidations. Notably, the premier cryptocurrency has taken on a consolidatory stance in the past day, as if to lend credence to growing hopes of some price recovery. However, a recent on-chain analysis points out […]
Hope For Altcoin Season: The Bitcoin Move That Could Kickstart Everything
Altcoins have spent years losing ground against Bitcoin, and that has made the phrase “altseason is dead” one of the easiest claims in crypto. However, a market structure shared by Cryptollica on X suggests the story may not be that simple. The chart does not show strength yet, but it does show a familiar location […]