Bitcoin, ether, XRP rebound as Senate curbs Trump's Iran war powers
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
Senate
Senate Banking Committee plans to hold Clarity Act hearing on Thursday
The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong… Read More
Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment
Miami Beach, FL — Brad Garlinghouse, Ripple’s CEO, has been closely following the U.S. Senate’s progress on the crypto market structure bill, and he said it’s not a “done deal” as the next two weeks may be pivotal for the legislation’s chances. “If it doesn’t… Read More
Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in… Read More
Bitcoin above $78K, ETH, SOL, DOGE higher as Senate clears Clarity Act yield hurdle
The S&P 500 just closed at another record high while bitcoin made another run to the $80,000 level earlier Saturday. The largest crypto traded at $78,180 in Asian hours Saturday, up 0.8% on the week and recovering from a Wednesday low near $75,500 that came… Read More
Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown’s Senate run
A conservative U.S. political action committee backed by the Solana Policy Institute — the Sentinel Action Fund — has committed to a massive advertising spend on the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto skeptic who is trying to return… Read More