The crucial vote on the Crypto Clarity Act, a bipartisan bill aimed at regulating cryptocurrency, has been postponed until September due to lawmakers entering recess and political disagreements. The bill, which passed the House last year, has faced delays mainly from Democrats seeking stronger ethics provisions and concerns over stablecoin regulations. President Trump supports the bill, emphasizing the importance of U.S. leadership in crypto and AI, while some Democrats remain skeptical, citing potential benefits to the president's family. The latest draft includes a ban on government officials profiting from crypto, backed by major financial institutions and law enforcement groups. The delay means the bill's future remains uncertain until lawmakers return.
Bitcoin's recent price recovery is supported by significant institutional investment, particularly through regulated ETFs, signaling a shift toward long-term ownership. Despite some volatility and a U.S. legislative setback on crypto regulation, infl...
The First Trust High Yield Opportunities 2027 Term Fund (FTHY) is experiencing near-term volatility and weak distribution coverage, with its discount widening despite an approaching liquidation date. However, the fund's term structure may lead to a v...
Glassnode's Altcoin Cycle Signal rose to 86 in June, indicating altcoins outperform Bitcoin, mainly due to Bitcoin's 18% drop rather than strong altcoin demand. By early July, the signal confirmed genuine altcoin strength, but by September, despite a...
The Bitwise Solana Staking ETF (BSOL) attracted over $60 million in new investments in the last two days, raising its assets under management to an all-time high of more than $1.2 billion. This surge reflects growing investor confidence in Solana's p...
Zappin, a new Telegram-based trading bot, launched on Robinhood Chain on September 21, allowing users to swap tokens via Uniswap and receive 90% of their trading fees back in ETH for 30 days. This promotion aims to attract early users to Robinhood's ...
