Auto Added by WPeMatico

Lummis Warns US Must Pass CLARITY Act Immediately or Cede Digital Asset Leadership to China and Europe

U.S. Senator Cynthia Lummis has warned that China and Europe are actively competing with the United States for leadership in cryptocurrency and digital asset development, urging Congress to accelerate pending…

Continue ReadingLummis Warns US Must Pass CLARITY Act Immediately or Cede Digital Asset Leadership to China and Europe

Bitcoin Flash Crash: Price Slides Below $77K, Triggering $657 Million in Crypto Liquidations

Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of…

Continue ReadingBitcoin Flash Crash: Price Slides Below $77K, Triggering $657 Million in Crypto Liquidations

Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The…

Continue ReadingWarren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill