Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

The Clarity Act passed the Senate Banking Committee on Thursday leading to a rapid and strong rally for the Bitcoin price. Can this rally save the day for Bitcoin, or was the resulting lower high an omen of a possible crash to come?

The post $2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns appeared on BitcoinEthereumNews.com. Crypto market recorded massive liquidations over the past few hours due to Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Crypto prices tumbled and pared almost all gains after bearish sentiment over the Senate committee advancing the CLARITY Act faded. The latest US macroeconomic data, Middle East tensions, and spiking US Treasury yields, among other headwinds, are sparking Bitcoin selloff jitters. Over $2 Billion in Bitcoin Options to Expire Today According to Deribit data, almost 25K Bitcoin options with a notional value of more than $2 billion will expire on May 15. The put/call ratio of 0.57 indicates bullish sentiment in the crypto market. The max pain price is at $80,000, below the current market price of $80,772. Moreover, BTC implied volatility is falling and 25 delta skew is rising sharply today. It signals that trade

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May […]

The Clarity Act could reshape the digital asset landscape, impacting traditional banks and crypto platforms by redefining yield regulations. The post Senate Banking Committee votes on Clarity Act, favoring Bitcoin and Coinbase staking appeared first on Crypto Briefing.

XRP surged to intraday highs near $1.55 on renewed optimism. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote. XRP price could target a breakout as the market cheers the regulatory milestone. XRP price rose to near $1.55 on Friday as the cryptocurrency market cheered the Senate Banking Committee’s passage […] The post XRP nears $1.50 as Senate crypto vote and whale buying fuel fresh optimism appeared first on CoinJournal.

The latest impressive price surge was likely driven by the Coinbase news, and perhaps due to the CLARITY Act progress.

Bitcoin trades near $80,671 as crypto market structure bill clears the Banking Committee and advances to the full U.S. Senate. Bitcoin drew fresh market attention after the U.S. crypto market structure bill passed the Banking Committee and advanced to the full Senate, according to market reports. Bitcoin traded near $80,671 on the Bitstamp daily chart, […] The post Senate Advancement of Crypto Bill Sparks Fresh Bitcoin Momentum appeared first on Live Bitcoin News.

The post CLARITY Act Advances Despite Democratic Concerns appeared on BitcoinEthereumNews.com. The post CLARITY Act Advances Despite Democratic Concerns appeared first on Coinpedia Fintech News The Senate Banking Committee voted 15-9 to advance the CLARITY Act on Thursday, moving the crypto legislation closer to a full Senate vote. Democratic Senators Ruben Gallego and Angela Alsobrooks supported the bill during markup but warned unresolved ethics and financial crime provisions remain major concerns. Their backing signals bipartisan momentum for clearer digital asset regulations in Washington. However, lawmakers indicated future support could weaken if stronger safeguards against conflicts of interest and illicit financial activity are not added before final approval. Source: https://coinpedia.org/crypto-live-news/clarity-act-advances-despite-democratic-concerns/