| Mobile Web

Search results for U.S. midterm elections

Crypto

Crypto industry disappointed as U.S. Senate delays CLARITY vote

The U.S. Senate has postponed a vote on the CLARITY bill, a digital asset market structure measure, until September, deepening disappointment across the cryptocurrency industry. The Senate failed to pass the bill before entering a month-long recess. A procedural step to bring the bill to the floor will require support from 60 senators. Some in the industry see the delay as increasing uncertainty given the timing ahead of the 2026 U.S. midterm elections.

Crypto

U.S., Japan coordinate to defend weak yen; five key variables that could shake bitcoin this week

Bitcoin is searching for direction around $63,000 in the first week of August as global macro conditions and crypto-specific risks pull at prices. Key factors include the possibility of coordinated U.S.-Japan action to support the yen, U.S. July nonfarm payrolls, shifts in risk sentiment linked to Middle East developments and seasonal weakness in U.S. equities. A Coldcard hardware wallet hack and related fund movements are also in focus.

Crypto

Tom Lee calls Clarity Act turning point for U.S. crypto, key to market recovery

A crypto regulatory bill under review in the United States, known as the Clarity Act, could become a key variable in a market recovery, a claim has been raised. Fundstrat co-founder and BitMine Immersion Technologies chairman Tom Lee said the bill could be a turning point by bringing a single set of rules to the U.S. crypto market and consolidating oversight with the CFTC. He compared it to the 1934 launch of the SEC, while noting the bill’s prospects remain unclear.