The U.S. Securities and Exchange Commission (SEC) is preparing to take a major step toward establishing a clearer regulatory framework for crypto as Congress leaves Washington without passing the CLARITY Act. The Senate entered its August recess without approving the legislation, which would divide digital asset oversight between the SEC and the Commodity Futures Trading […]
Tag: ET
Key highlights: U.S. Treasury yields moved higher as investors reacted to escalating conflict in the Middle East and monitored the latest military developments The benchmark 10-year Treasury yield climbed to 4.568%, while the 30-year yield traded above 5% Markets are now awaiting the latest S&P Global Flash U.S. PMI report after recent inflation data reinforced […]
By Wayne Jones On February 26, Lighter, a decentralized crypto exchange, announced that its upgraded liquidity pool system successfully resisted a $50 million ARC perpetual long squeeze attempt. This occurred after approximately 600 traders reversed a whale’s position, resulting in an $8.2 million loss, and the episode tested Lighter’s newly launched LLP Strategies, capping the […]