Search results for Mark Palmer
Crypto
U.S. Senate passes crypto market structure bill but long road to enactment
The U.S. Senate Banking Committee has approved the crypto market structure bill known as the Clarity Act, drawing a positive response from the digital asset industry, though analysts say final enactment remains uncertain. TD Cowen raised its estimated odds of passage to 40 percent, citing signs of Democratic backing. The bill passed 15-9 with two Democrats in support. Analysts say it must be merged with a parallel package and clear a 60-vote threshold.
Crypto
Strategy MSTR vs STRC: Which bitcoin investment fits my portfolio?
Strategy is expanding two investment instruments backed by the same bitcoin holdings: common stock MSTR and perpetual preferred stock STRC. MSTR delivers leveraged exposure to bitcoin price moves but carries higher volatility, dilution risk and no dividend. STRC aims for monthly cash income and trades near its $100 par value through adjustable dividend rates. Investor bases differ, and external analysts draw similar lines between growth-focused leverage and income-focused stability.
Crypto
Stablecoins, not credit cards: payment giants push agentic micropayment scenarios
Major payment and crypto companies are stepping up efforts to build machine-to-machine payment ecosystems where AI agents carry out stablecoin transactions without human intervention. Bloomberg reported that Circle and Stripe are developing stablecoin rails aimed at autonomous commerce. Circle is testing nanopayments and a blockchain called Arc, while Stripe has invested more than $1.1 billion in stablecoin infrastructure. The approach faces questions over scale, merchant adoption and the lack of card-style protections.
