NewsBTC·
A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, ahead of its highly anticipated Thursday markup session. In an X post, the advocacy group warned that some of the recent amendments submitted for consideration could harm DeFi technology, users, and developers if they are implemented in the final text of the legislation. These amendments came from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, who collectively targeted core DeFi protections in the bill. Some of the most notable
Read full articleThe crypto market faces one of its most consequential regulatory tests this week as the US Senate Banking Committee prepares to vote on the CLARITY Act on Thursday, May 14. The markup session will determine whether the most comprehensive digital asset legislation in American history advances toward a full Senate floor vote — or returns […]
The previous Bitcoin market top may not have been marked by a dramatic crash or obvious sell signal, but by a highly coordinated, sophisticated wave of whale distribution. While most participants were driven by optimism and bullish conviction, large holders were quietly offloading positions in a way that blended seamlessly into normal market activity. How Whale Distributed Bitcoin Without Triggering Warning Signals The Bitcoin market top last year was less obvious than in past cycles, unfolding through a quiet, highly coordinated wave of whale distribution. ForeDex on X revealed that at a time when BTC participants were filled with optimism and conviction, a whale moved roughly 30,000 BTC to exchanges over 10 days via Galaxy Digital. Meanwhile, most market participants failed to recognize the significance of these flows. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days ForeDex explained that BTC was split into smaller amounts and distributed acr
Solana's surge in perps volume signals increased DeFi activity but also hints at potential market volatility and competitive shifts in the crypto space. The post Solana perps volume hits $2.5B, highest in 24 weeks appeared first on Crypto Briefing.
Schwab Crypto is rolling out spot bitcoin and ethereum trading for selected retail clients through Schwab-linked accounts. The offer includes 24/7 support, education, research, and pricing at 75 basis points on each trade’s dollar value. Schwab Crypto Begins Retail Rollout Financial giant Charles Schwab announced on May 12 that Schwab Crypto accounts are now being […]
The strong correlation between BETZ and Bitcoin highlights the interconnectedness of risk-on assets, impacting investment strategies and market predictions. The post Roundhill Sports Betting & iGaming ETF shows strong correlation with Bitcoin appeared first on Crypto Briefing.
A crypto analyst has said that XRP’s current low price won’t remain the same forever. Despite also being a blue-chip cryptocurrency like Bitcoin and Ethereum, XRP is currently trading at a level where anyone can buy large amounts of tokens without significantly altering their personal finances. While buying one Bitcoin costs over $80,000 and one […]
XRP is holding above $1.45 as the market enters a pivotal week shaped by Thursday’s Senate Banking Committee vote on the CLARITY Act — legislation that carries direct implications for XRP’s regulatory standing and the broader framework governing digital assets in the United States. The price is constructive, and an Arab Chain analysis tracking Binance order flow has added a layer of structural context to the current setup that the price level alone cannot provide. Related Reading: XRP Breaks $1.46 Despite $434M In Futures Selling – Discover What Comes Next The analysis examines the 30-day correlation between XRP’s price and its Cumulative Volume Delta — a measure of whether price movements are being supported by genuine buying activity or driven by thinner, more speculative forces. Over the past several days, that correlation coefficient rose to approximately 0.58, its highest recent reading and a level that reflects a meaningful improvement in the relationship between price and order
$ADA Cardano tests micro support between $0.254 and $0.266 with no bullish reversal confirmed. The Clarity Act could reshape how ADA gets regulated. The price has been moving sideways since early February. Not crashing. Not breaking out. Just sitting there. More Crypto Online, on X, noted that Cardano is attempting to push higher but the […] The post $ADA Cardano Stuck in Months-Long Range With No Bullish Reversal in Sight appeared first on Live Bitcoin News.
