Banks have reached a compromise on the CLARITY Act, a crypto market structure bill aiming to create federal regulations for cryptocurrencies. This deal bans passive yields but allows activity-based rewards to prevent bank deposit flight, following previous stablecoin regulations. The compromise is expected to enhance regulatory clarity and institutional confidence, supporting Bitcoin's price to surpass $68,000 in early May. Investors should watch for the bill's text release and reactions from policymakers and financial institutions for further market impact.
Bitcoin's price has surged more than 10% since early July, breaking out from a falling wedge pattern and surpassing the 200 SMA as support. However, the rally lacks strong volume backing and the price has yet to make a higher high, indicating potenti...
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
Michael Saylor highlights that Bitcoin's biggest evolution over the next decade will come from the expansion of its financial ecosystem rather than changes to its protocol. He believes institutional adoption—through ETFs, corporate treasuries, banks,...
