A coterie of senators, their bipartisan camaraderie tested by the hourglass of legislative urgency, toiled through the evening. Yet, as the clock struck the witching hour, their efforts dissolved into the ether, leaving journalist Eleanor Terrett to chronicle their futile endeavor.
Clarity Act Heads To Key Vote Today The Senate Banking Committee starts its review of the CLARITY Act on Thursday at 10:30 a.m. with opening statements, followed by a debate and individual votes on proposed changes. Experts believe the bill has enough support – at least 13 votes – to move forward, indicating increasing agreement … Read more
SG‑FORGE will-quite poignantly-concentrate on tokenized collateral management, on‑chain financing, and institutional‑grade digital settlement systems that supposedly satisfy the rants of regulated financial markets.
The coins, valued at a modest $397,000 (a mere trifle, really), were rescued from the clutches of oblivion, as Bitcoin flirted with the sum of $79,410. How the markets do titillate us so!
This product provides qualified organizations with funding to participate in digital asset markets that trade outside of regular business hours.
A recent analysis on X suggests Bitcoin hasn’t typically hit its lowest point in a bear market until after experiencing nine consecutive months of price declines.
Ethereum, once a beacon of hope, hath failed to hold her ground above $2,300, and like her sister Bitcoin, she hath embarked upon a fresh decline. Below $2,280 and $2,265 she hath plunged, a fall as swift as it is merciless. Even $2,250 could not stay her hand, and a low was formed at $2,233. Now she consolidates, a mere shadow of her former self, with but a minor upward move above the 23.6% Fib retracement level, a feeble gesture in the face of her woes.
Bitcoin’s price dropped below $80,500 and continued to fall, eventually dipping below $80,000 and then $79,500. This indicates a downward trend for BTC.
ForeDex, the Sherlock Holmes of the crypto world, spilled the beans on X (formerly known as Twitter, because why not add another layer of confusion?). Turns out, while Bitcoin enthusiasts were brimming with optimism, one whale moved a cool 30,000 BTC to exchanges over 10 days via Galaxy Digital. That’s right, 30,000. Not 30. Not 300. Thirty thousand. And most of us were too busy staring at candlestick charts to notice. Genius? Yes. Annoying? Absolutely.
Eleanor Terret, host of Crypto America, reports that banks are heavily lobbying Washington regarding stablecoin legislation. Since last Friday, members of the American Bankers Association have sent over 8,000 letters to senators, asking them to revise a specific part of the proposed bill. This effort is entirely focused on letter writing – the banking industry isn’t making phone calls, indicating they believe a high volume of letters alone will be effective.