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Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusBitcoin surged back above $81,000 after the Senate Banking Committee voted to advance t

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Bitcoin surged back above $81,000 after the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, clearing a major hurdle for the most comprehensive crypto regulation bill in US history.

On May 14, the panel approved the legislation on bipartisan lines, sending the legislation to the full Senate floor. The successful markup caps ten months of painstaking negotiations and represents a monumental shift toward establishing a clear federal framework for digital assets.

Patrick Witt, the executive director of the White House Presidential Advisory Committee on Digital Assets, said:

Bitcoin rips as CLARITY Act clears major Senate Co

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Bitcoin rips as CLARITY Act clears major Senate Committee hurdle, advances to the full Senate floor Proponents of the CLARITY Act are now targeting a July 4 desk signing by President Trump for the mon

Bitcoin rips as CLARITY Act clears major Senate Committee hurdle, advances to the full Senate floor
Proponents of the CLARITY Act are now targeting a July 4 desk signing by President Trump for the monumental legislation.
Bitcoin surged back above $81,000 after the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, clearing a major hurdle for the most comprehensive crypto regulation bill in US history.
On May 14, the panel approved the legislation on bipartisan lines, sending the legislation to the full Senate floor. The successful markup caps ten months of painstaking negotiations and represents a monumental shift toward establishing a clear federal framework for digital assets.

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Crypto market structure bill clears key hurdle as ethics debate looms over floor vote

Latest developments: Senate Banking advanced the crypto market structure bill Thursday in what industry advocates described as a landmark moment for digital asset legislation.

Blockchain Association Chief Policy Officer Lindsay Fraser said on CoinDesk's The Policy Protocol, that this was the first time a market structure bill had passed out of the Senate Banking Committee and moved toward a floor vote.

The committee adopted seven amendments to the base text, including five last-minute bipartisan amendments negotiated during the markup session.

Sens. Ruben Gallego and Angela Alsobrooks joined Republicans in voting for the bill, giving the legislation bipartisan backing after uncertainty earlier in the day over whether Democrats would support it.

Why it matters: Bipartisan support could improve the bill’s odds of reaching the Senate floor quickly and surviving broader negotiations.

Fraser said a purely partisan committee vote likely would have increased Democratic leverage to demand more concessions before a floor vote.

Industry advocates now expect lawmakers to focus on preserving compromises already reached on issues including staking rewards, tokenization and developer protections.

Fraser said banks and traditional financial firms are expected to intensify lobbying efforts ahead of the floor vote to push for additional changes.

The complication: Key issues remain unresolved before the legislation can secure enough Democratic support in the full Senate.

Ethics provisions are still the biggest outstanding issue, according to Fraser.

Gallego and Alsobrooks both indicated their committee votes do not guarantee support on the Senate floor without additional ethics language.

Crypto market structure bill clears key hurdle as

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The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem

Bitcoin’s drop below $80,000 came as the S&P 500 registered record highs. If BTC is a high-beta risk asset, why is it missing the stock-market rally?

Traders have been treating Bitcoin as a high-beta proxy for the same risk appetite driving Nvidia and the Mag-7, one that should move with equities on green days.

Instead, Bitcoin lost its $80,000 support and registered an intraday low of $78,759.70 on May 13, while the S&P 500 registered a new all-time high, QQQ rose 1.06%, and Nvidia added 2.84%.

This equity rally runs on earnings revisions, AI revenue, and buybacks, all of which bid up cash-flow assets and bypass liquidity ones.

The May 13 equity session was driven by strength in megacaps. Seven of eleven S&P 500 sectors closed lower, the Dow fell, and declining stocks outnumbered advancers on both the NYSE and Nasdaq, even as the index itself rose.

The S&P 500 hitting another all-time high just exp

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PayPal agrees to settle US Justice Department probe over civil rights violations

PayPal has reached a settlement with the US Department of Justice over the company's 2020 Economic Opportunity Fund, a program designed to support Black and minority-owned businesses. The resolution effectively ends a federal investigation into whether PayPal's use of race and national origin as eligibility criteria ran afoul of the Equal Credit Opportunity Act.

PayPal wasn't found DOJ preserved its ri Saved ken the law. The enforcement actions under ECOA but did not determine that the company was legally at fault. PayPal admitted no wrongdoing.

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Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusCardano founder Charles Hoskinson said Monero represents the kind of privacy-preserving

Cardano founder Charles Hoskinson said Monero represents the kind of privacy-preserving cryptocurrency Bitcoin might have become if stronger cryptographic tooling had been available at the time, praising the project’s technical design and its refusal to dilute its cypherpunk principles.

Speaking in an interview with David Gokhstein, the Cardano founder framed Monero not as a marginal privacy coin, but as one of the sector’s more important ideological and technical reference points. His comments centered less on price or market structure than on a broader debate over privacy, usability and what role uncompromising projects should play in crypto’s long-term direction.

“Honestly speaking, Monero is what Bitcoin should have been,” Hoskinson said. “They just didn’t have the technology at the time, and it’s a lot more complicated to run a privacy-preserving system. But there’s a lot to love in Monero, like the ASIC-resistant puzzles, the full-chain membership proofs, how they handle the view keys.”

Cardano Founder Praises Monero
Hoskinson’s argument was that privacy at scale is inherently harder to implement than transparent settlement. In his telling, Monero’s contribution is not limited to a single feature, but to a stack of design choices built around keeping privacy central while still maintaining a usable network.

He cited Monero’s work around ring signatures and privacy-preserving architecture as examples of a project that pushed crypto beyond transparent ledgers without abandoning decentralization. “These are smart things,” he said, adding that Monero “was a pioneer in ring signatures” and “a pioneer in a lot of privacy at scale.”

The praise is notable because it comes from one of the most visible founders in the broader crypto industry and touches on a recurring fault line in the sector: whether cryptocurrencies should prioritize auditabili

Cardano founder Charles Hoskinson said Monero repr

Ripple CEO Brad Garlinghouse has come out in favor of the CLARITY Act, a day before it is set to be put to a vote in the US Senate Banking Committee. The watered-down version of the earlier draft, whi

Ripple CEO Brad Garlinghouse has come out in favor of the CLARITY Act, a day before it is set to be put to a vote in the US Senate Banking Committee. The watered-down version of the earlier draft, which is missing key points, is still a fantastic piece of legislation, Garlinghouse stated, and Ripple was in favor of it. If approved by the committee, the CLARITY Act will then move to the main US Senate floor, and a general vote will be held. The bill has been in the making for more than a year and has been agreed in principle by banks and large crypto companies. It is US President Donald Trump's flagship crypto legislation project, aimed at fulfilling one of his key promises during the 2024 election campaign. Garlinghouse was replying to an earlier tweet by Republican Senator Tim Scott, who also praised the CLARITY Act and welcomed a new era of crypto in the country. "Families, small businesses, investors, and innovators deserve clear rules of the road for digital assets. The Senate's version of the CLARITY Act delivers certainty, safeguards, and accountability, while protecting Main Street, strengthening national security, and keeping innovation in America," stated Tim Scott. In response, Garlinghouse tweeted:Garlinghouse conveyed a sense of urgency, as crypto assets have been stuck in a permanent state of limbo for the better part of the last decade. He praised the committee's leadership for their efforts in advancing the bill. However, the committee's passage is only one step towards full approval on the Senate floor. Donald Trump is especially interested in this proposal because he wants to win on this front before the midterm elections later this year. The window for the meaningful passage of crypto regulation is closing fast, and senators will keep that in mind as they vote for or against it. While the much-awaited bill is now in agre

Ripple CEO Brad Garlinghouse has come out in favor

Joe a patch?<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-04-23/d8cfdde0fc40d249b3edd227cf7160cb.jpg" alt="IMG_20230420_204246_788.jpg" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px"><br><br>

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