Trump pushes Congress to move on Clarity Act
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The Hyperliquid token jumped 26% after Trump said regulators were working to bring the decentralized exchange to the U.S.
The Clarity Act's approval may be what's needed to get Bitcoin back to its all-time high, but whether that happens is by no means a sure thing.
Bitcoin's price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto executives and urged lawmakers to
A presidential push for crypto legislation sent XRP jumping toward key resistance levels, but whether that political momentum can survive a Senate vote still months away is the question every trader in the room avoided answering.
17hon MSN
Bitcoin surges 12% in two days as Trump, crypto execs lead last ditch effort for Clarity Act
Bitcoin is trading at its highest levels since early June as crypto execs joined with President Donald Trump push to get the Clarity Act over the finish line.
Trump urges Congress to pass the stalled CLARITY Act, seeking clearer cryptocurrency regulations, boosting bitcoin and other crypto prices.
Coinbase and Bullish climbed about 8% Wednesday while Circle gained nearly 10%, outperforming other crypto stocks as bitcoin rose about 2%. Clear Street’s Owen Lau said the gains may reflect investors moving money out of AI stocks and growing optimism that the Clarity Act can advance in September.
The Senate’s September 15 cloture vote will decide whether the Clarity Act advances, echoing a 2021 crypto standoff that showed how one objection can derail momentum.
In Trump crypto news, the stalled CLARITY Act is leaving the SEC and CFTC to shape crypto rules, as the President calls out the Senate
Bitcoin rose more than 5% after the White House meeting, which also drew calls for regulation of decentralized exchange Hyperliquid
The Clarity Act, H.R. 3633, is set for a procedural vote on September 15, which is not a final passage. Coinbase CEO Brian Armstrong’s assertion of the Act being a “done deal” suggests confidence in its passage.