Banks Sound Alarm as Senate Prepares CLARITY Act Markup
The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.
Bitcoin News·
Grayscale outlined why it believes the CLARITY Act matters for crypto regulation and how the bill could affect digital asset markets. The firm said the proposal could shift oversight away from enforcement-led regulation and toward clearer rules for regulators, developers and investors. Grayscale Frames CLARITY Act as a Crypto Rulebook Crypto asset manager Grayscale Investments […]
Read full articleThe Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.
A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […]
Digital asset investment funds recorded $857.9 million in weekly inflows last week, with bitcoin accounting for $706.1 million of those gains, as growing optimism over the U.S. Senate’s scheduled CLARITY Act markup on May 14 revived institutional appetite for crypto exposure. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks […]
Circle reports strong Q1 growth with $694M revenue, while Arc blockchain raises $222M backed by major global investors. Circle has reported strong financial growth in the first quarter of 2026. The company reported revenue and reserve income of $694 million. This is 20% higher than the previous year. Furthermore, it indicates a growing demand for […] The post Circle Revenue Jumps 20% as Arc Blockchain Raises $222M at $3B Valuation appeared first on Live Bitcoin News.
Polymarket traders price a 75% chance for the CLARITY Act becoming law in 2026. The probability dropped to 40% in January, peaked at 82% in February, fell to 43% in late April, then rose to the mid-70s. A Senate stablecoin yield deal caused the recent jump, banning bank-like rewards but allowing platform incentives. Polymarket traders […] The post CLARITY Act Gains Momentum as Polymarket Odds Hit 75% appeared first on Live Bitcoin News.
Capital B secured €15.2M to expand BTC reserves, with Adam Back and TOBAM increasing their ownership stake. French-listed Capital B has now secured $18 million from investors, including Bitcoin pioneer Adam Back and asset manager TOBAM. Funds from the raise will support additional bitcoin purchases and strengthen the company’s long-term treasury strategy. Capital B said […] The post Adam Back Joins $18M Funding Round for French BTC Treasury Firm Capital B appeared first on Live Bitcoin News.
The Clarity Act finally has a real markup date, while BlackRock is making its biggest tokenization push yet.
The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com. ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.