As Senate CLARITY Act odds plunge to 30%, Bitcoin’s refusal to drop signals a stealth upside trap

Bitcoin has largely shrugged off the deteriorating outlook for the CLARITY Act, raising the possibility that traders have already priced another legislative failure into the market. Data from CryptoSlate shows the largest cryptocurrency trading around $63,500 as of press time, above the roughly $61,900 level seen on June 5, when Galaxy Digital put the bill’s...
Coins in this story
Related stories

Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms....

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss....

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions....