JPMorgan Says Clarity Act Not Fully Dead, Passage Window Extremely Narrow
Although the Clarity Act failed to clear a procedural ballot in the Senate on Tuesday, it is not entirely finished, though the timeline for approving…
Two Prime Expands Onchain Finance with $10M Backed Bitcoin Yield Vault
Digital asset financial services company Two Prime has introduced a bitcoin BTC$81,269.44 borrowing vault on Pareto, aiming for yearly returns of 1.5% to 2% via…
Bitcoin Faces 2022 Parallels as Federal Reserve Resumes Rate Hikes
The Federal Reserve increased interest rates by 25 basis points on Wednesday, pushing its baseline target band to 3.75% up to 4.00% during its initial…
Robinhood Chain Fees Plunge 97% Even as Transaction Numbers Remain Near Peaks
The memecoin craze that previously transformed Robinhood Chain into one of the priciest networks has calmed down, wiping out 97% of the network’s fee revenue…
The Demise of the Clarity Act: Examining Past Provisions and Future Replacements
It did not take long for U.S. financial regulators to attempt to compensate for a failed Clarity Act, although actions taken by the Securities and…
Visa Set to Plug Crossmint Memecoin Rewards Loophole Following Investigation
According to a Friday report by the newsletter Crypto in America, Visa is taking steps to prevent crypto payment processors from labeling memecoin acquisitions under…
Bitcoin ETFs Secure Positive Week With Strong Friday Inflows While Ether Funds Break Winning Streak
A substantial capital injection on the closing trading day of the prior week helped U.S. spot bitcoin (BTC) exchange-traded funds avoid a second consecutive negative…
Bitcoin Price Surges Past $81,000 Despite Clarity Act Defeat and Rate Hike
On Friday, the value of Bitcoin climbed past $81,000, brushing off a week filled with adverse developments for the digital asset sector. The leading cryptocurrency…
CFTC Submits Proposal For Crypto Oversight Following Clarity Act Stalemate
On Thursday, the Commodity Futures Trading Commission submitted a proposal to the White House aimed at overseeing cryptocurrency markets and transactions. The specific details of…
European Central Bank President Blocked Binance’s Entry into the EU: Report
European Central Bank President Christine Lagarde prevented Binance from establishing operations within the European Union, based on findings from a Wall Street Journal publication. The…