The US Senate has postponed the vote on the CLARITY Act, a bill intended to establish a clear regulatory framework for cryptocurrencies and digital assets, until mid-September. This delay has caused concern among crypto industry leaders, including Michael Saylor, who stated that while Bitcoin does not need the bill, America does for regulatory clarity. The delay stems from unresolved ethical provisions involving government officials, causing some Senate Democrats to withdraw support. Analysts warn that continued postponement risks the US losing its position as a global crypto hub to regions like Asia, where clearer regulations are advancing innovation.
The U.S. Senate failed to pass the CLARITY Act on September 15, falling short of the 60 votes needed. This delays formal crypto legislation but does not end regulatory progress, as the SEC and CFTC plan to act under their existing authority. These ag...
The Walter Family has refuted recent claims that they are reducing their philanthropic efforts, affirming that their financial commitments to various social and environmental causes remain intact. Mark and Kimbra Walter have donated hundreds of milli...
Ethereum price surged past its $2,550–$2,575 resistance zone on September 20, now using this level as support. The token climbed over 75% from $1,510 to $2,650 in three months, marking its second-best quarterly gain on record. Institutional ETF inflo...
Polymarket, a major player in the prediction market sector, is under investigation by the Commodity Futures Trading Commission (CFTC) after a $10 million attempted fraud was uncovered on its U.S. betting platform. The company reportedly rejected 80% ...
In 2024, the AI power trade, which saw surging interest in stocks of power suppliers and equipment makers, has cooled off since June despite rising earnings and positive guidance. This paradox exists because power remains a critical bottleneck for da...
