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CLARITY Act Update: Senate Makes Big Decision on Stablecoin Yield Rewards HTX Community April Creation ContestDaily 5K USDT Airdrop - Join & Win!Huobi Creator Contest: Post & Win 1,500U 💥 The long-run

CLARITY Act Update: Senate Makes Big Decision on Stablecoin Yield Rewards



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The long-running battle over stablecoin yield rules in the Digital Asset Market Structure CLARITY Act has finally reached a turning point, with the final text now public and a compromise in place between banks and the crypto industry.

The update, first reported by Punchbowl News, resolves one of the most contentious issues in the bill just weeks before a critical Senate markup expected in mid-May.



CLARITY Act Update: Senate Makes Big Decision on S

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Ethereum ETFs Shed $184M Over 4-Day Negative

Streak

In brief

Ethereum ETFs posted $184 million in outflows over four straight days through April 30.

Bitcoin ETFs also shed $476 million over the same period, but saw a $14.76 million inflow Thursday.

Myriad users see a 55% chance Ethereum hits $3,000 next, up from 46% on Monday.

Ethereum exchange-traded funds extended their losing streak to four days on Thursday, shedding nearly $184 million as geopolitical uncertainty offset record highs in U.S. stocks.

The outflows accelerated on April 29, when Ethereum ETFs posted $87.7 million in net redemptions, the largest single-day exit since March 26, according to SoSoValue data. Cumulative flows for Ethereum ETFs now stand at $11.9 billion, down from a peak of $12.9 billion in mid-January.

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The market outlook is 50/50

But the ethics issues, especially with President Donald Trump’s vast interest in crypto, were yet to be addressed. It has been raised by Democrats like Sen. Ruben Gallego (D-AZ). 

For top-ranking member Elizabeth Warren (D-MA), corruption concerns linked to Trump’s crypto empire, the tokenization loophole, and anti-money laundering (AML) provisions have been key deal breakers.

In fact, law enforcement has also raised concerns over blanket developer protections. 

Although the stablecoin yield has been the most significant roadblock to the bill since January, insiders are positive that it has been addressed. 

Now, the focus will be on Republicans if they can mark up the bill and send it to the Senate floor for a vote. The committee is made up of 24 members, dominated by 13 Republicans. If the unity front by Republicans is achieved, they could advance the bill. 

But PunchBowl News reported that Sen. John Kennedy (R-La.) was withholding his support, citing frustrations with the stalled Senate housing bill. As such, Chair Scott will have to win over at least one Democrat to fill the gap and get 13 votes. 

The likely split-up of the committee vote was also being reflected across markets. As of writing, prediction site Kalshi showed the market was nearly 50/50 on the crypto bill’s passage before 2027. 

The passage odds were even lower at 38% for August, the deadline Republicans expect the bill to reach the president’s desk. 



The market outlook is 50/50

Dogecoin (DOGE) Today News & Market Update - 2 May 2026 Dogecoin (DOGE) is currently trading around $0.14-$0.18, showing a sideways consolidation phase after recent volatile swings in the meme coin ma

Dogecoin
(DOGE) Today News & Market Update - 2
May 2026
Dogecoin (DOGE) is currently trading around $0.14-$0.18, showing a sideways consolidation phase after recent volatile swings in the meme coin market. Today's price action is relatively calm, but sentiment remains active due to strong social media influence and retail trader interest.
DOGE continues to behave like a sentiment-driven asset, meaning its price is heavily influenced by Twitter (X), Reddit trends, and overall market hype rather than pure fundamentals. Because of this, Dogecoin often experiences sudden spikes followed by quick retracements.
At present, the key support zone is around $0.13, where buyers have repeatedly defended the price. This level is important because it shows that demand is still present even during low momentum phases. On the upside, DOGE is facing resistance near $0.18-$0.20, where selling pressure has been strong.
Market sentiment today is neutral with occasional bullish spikes, mainly supported by:
Ongoing meme coin community activity
General crypto market stability led by Bitcoin Short-term speculative trading interest
However, DOGE is still waiting for a strong catalyst such as viral social media momentum or a broader market breakout to trigger a major rally.
Traders are currently watching:
Bullish scenario: Break above $0.20 → potential move toward $0.25-$0.30
Bearish scenario: Break below $0.13 → drop toward $0.11
Overall, Dogecoin remains in a high-volatility accumulation zone, where sharp moves can happen in either direction depending on market sentiment.
Il Market Summary (Today):
Price: $0.14-$0.18
Support: $0.13
Resistance: $0.18-$0.20
Trend: Neutral / hype-dependent

Dogecoin (DOGE) Today News & Market Update - 2 May

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