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Seize the Chance: Predict Today & Keep WinningDiscuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Coinbase CEO Brian Armstrong intensified pressure for a Senate vote, portraying the CLARITY Ac

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Coinbase CEO Brian Armstrong intensified pressure for a Senate vote, portraying the CLARITY Act as a bipartisan breakthrough that could strengthen consumer protections, law enforcement authority, and American leadership in digital assets.Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong urged lawmakers in an X post on July 27 to advance the CLARITY Act, arguing that the bipartisan proposal would strengthen consumer protections, expand law enforcement tools, and deliver regulatory clarity for the cryptocurrency industry.

Calling for an immediate vote, the Coinbase executive maintained that lawmakers had spent thousands of hours developing the compromise and should complete the legislative process without further delays.

The X post also included a clip from Armstrong's July 21 CNBC interview, where he described the legislation as the product of years of bipartisan negotiations.

Armstrong remarked:

"The CLARITY Act is at the one-yard line, and it reflects the work from both sides of the aisle, spending thousands of hours along with their staff to get a true bipartisan compromise.

The Coinbase CEO used the football metaphor to argue that the legislation is extremely close to advancing and should receive a final Senate vote without further delay.

The executive also argued that the proposal would expand law enforcement authority, establish new consumer protections

Coinbase CEO Brian Armstrong intensified pressure

HTX Creation Challenge — Post and Win 1,500U 💥Discuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn The Reasons for Shiba Inu (SHIB) Price Surge Failure: On-Chain Data Reveals How 52 Whales Cash

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The Reasons for Shiba Inu (SHIB) Price Surge Failure: On-Chain Data Reveals How 52 Whales Cashed Out

Santiment's latest on-chain research reveals how 52 whales cashed out during the 37% price surge of Shiba Inu (SHIB), leaving retail investors trapped at high prices.

The 37% surge in Shiba Inu (SHIB) over two days ultimately ended in a typical pump-and-dump scenario: large investors cashed out entirely, selling tokens to retail investors who entered the market later. Santiment analysts' latest on-chain data shows how whales used this market frenzy to lock in profits, causing losses for retail investors. How did the retail investors' "fear of missing out" provide an exit channel for whales? After the SHIB price began to climb, the retail investors' "fear of missing out" spread rapidly on social media. Shiba Inu's social dominance index surged to 0.084%, the highest level since April. Ordinary traders flocked to buy the token, but as is often the case, their attention peaked just as the rally was about to end. These people entered the market at the price's highest point.

Meanwhile, large holders began selling off their tokens and cashing out. Within 24 hours, the network recorded 52 whale trades, each exceeding $100,000 – the highest number since late March.

The influx of retail buyers onto this "train about to depart" created ideal conditions for large holders, allowing them to convert their token holdings into cash without immediately crashing their order books. Large funds gained the liquidity they needed, while small traders gained nothing.

The Reasons for Shiba Inu (SHIB) Price Surge Failu

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$Coinbase Chief Policy Officer Praises Crypto Clarity Act as "Extraordinarily Bipartisan Coinbase's Chief Policy Officer, Faryar Shirzad, struck an optimistic tone regarding the long-awaited Clarity A

$Coinbase Chief Policy Officer Praises Crypto Clarity Act as "Extraordinarily Bipartisan

Coinbase's Chief Policy Officer, Faryar Shirzad, struck an optimistic tone regarding the long-awaited Clarity Act on Monday, claiming there was bipartisan support for the bill in its current form.

Speaking to Fox Business Monday, Shirzad said it was time for Democrats and Republicans to unite on the Clarity Act - and added that a vote could come as soon as next week.

"This bill is an extraordinarily bipartisan piece of work," he said. "It's ready for final action. We're very excited it's going to get done.

Lawmakers have been mulling over the Clarity Act since last year, which would set in stone crypto regulation.

A new draft started circulating last week which bans officials and their families from issuing or promoting crypto - something opposition lawmakers previously had issue with.

But some Democrats are still unhappy with the bill in its current form. A group of Democrats last week said in a statement that the bill in its current form falls short.

The bill has been in a deadlock this year, partially because banking chiefs raised concerns over stablecoin yield and ethics concerns.

Banking lobbyists have said that if crypto exchanges pay attractive yields to customers, banks could lose their deposit base.

Coinbase Chief Policy Officer Praises Crypto Clari

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