Crypto

Five obstacles to U.S. CLARITY bill, from Trump controversy to stablecoin interest

The U.S. Congress’ cryptocurrency bill known as the CLARITY Act faces at least five hurdles beyond the question of interest on stablecoins, an analysis said. TD Cowen pointed to vacancies at the CFTC, efforts to fold prediction markets into the bill, controversy over a Trump family-linked crypto project, pressure to tighten AML and Bank Secrecy Act provisions, and the possible attachment of a credit card competition bill. Stablecoin interest remains unresolved.

Crypto

Cardano sentiment turns bullish as Midnight token NIGHT stays bearish

Investor sentiment in the Cardano community has tilted bullish, but the partner-chain token NIGHT remains in a bearish zone, according to CoinMarketCap user voting. Cardano recorded a 79.5 percent bullish vote share, ranking ninth among cryptocurrencies with the strongest bullish sentiment. NIGHT ranked fifth among tokens with strong bearish sentiment, with a 33.8 percent bearish score. Daily price moves diverged, with Cardano up 0.95 percent and NIGHT up 3.02 percent.