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Bitcoin Faces Renewed Selling Pressure Ahead of Fed
Bitcoin’s Monday rebound was erased as spot and perpetual selling intensified, CryptoSlate reported. Large futures positioning remained in place, potentially magnifying the next market move ahead of the Federal Reserve.
CLARITY Act Keeps Procedural Path Open After Senate Setback
The CLARITY Act retains a procedural route after Senator Thom Tillis moved to reconsider a failed cloture vote. Crypto executives are divided over whether Congress has enough time remaining to advance the legislation.
Democrats 'Move the Goalposts' on Clarity Act Hours Before Key Senate Vote
Democrats are seeking further concessions on the Clarity Act before today’s 60-vote Senate test, while Republicans insist their latest text is final, Decrypt reports. The bill’s immediate outlook remains tied to negotiations.
Clarity Act Passage Odds Reverse as Democratic Opposition Weighs on Crypto Markets
Decrypt reports that the Clarity Act’s recent improvement in passage odds has fully reversed amid Democratic pushback. Crypto majors also retreated, leaving the bill’s prospects uncertain and markets focused on whether passage remains possible.
Wall Street’s Crypto Expansion May Continue Without the Clarity Act
CoinDesk reports that Wall Street’s crypto expansion may continue even if the Clarity Act fails. The bill could clarify rules for financial firms, but its defeat may slow institutional adoption rather than stop it.