By Nynu Jamal Key highlights: CLARITY Act needs 60 Senate votes to move forward to the president’s desk. Attorneys general and PPI are urging lawmakers to reject the bill. As the bill nears a key vote, there is still uncertainty about its passage. The CLARITY Act is facing a major test today in Congress, with […]
Tag: PPI
By Jordan Lyanchev After one bitcoin’s most volatile and impressive weeks, the cryptocurrency market has turned its attention to important US macro news to be announced in the next five days. The analysts at the Kobeissi Letter highlighted several such events scheduled next, but three stand out for the crypto industry: the July PCE inflation […]
By Jordan Lyanchev Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular bear has garnered the community’s attention with massive short positions that they keep building on. Data provided by Lookonchain indicates that the […]