💥 BOOM!
🚨 IT’S OFFICIAL: 🇺🇸 The SEC has confirmed that U.S. crypto companies are now ALLOWED to operate and conduct business across the United States.
🌐 THE DIGITAL ERA IS HERE! 🔥
🚨 The countdown is almost over, #BlockchainCentralUNGA returns tomorrow!
Leaders from across the global ecosystem will come together to explore how emerging technologies can address global challenges through #blockchain, #digitalfinance & real-world innovation.
💻 Join us online from anywhere for keynotes, fireside chats & more, register for the webinar here: https://t.co/CgG4AXVNdH
💥BOOM!
🚨IT'S OFFICIAL: 🇺🇸 The US Senate has announced the date for the cloture vote on the Clarity Act, which is scheduled for Tuesday at 2:15 pm Eastern Time.🔥
🇺🇸 JUST IN: Senate Republicans have released new Clarity Act text with a revised ethics proposal signed off by Trump, calling it their final offer to Democrats before Tuesday's cloture vote.
🇺🇸 BREAKING: House cancels TWO WEEKS of September session putting the CLARITY Act at risk of a post-election vote.
House Republicans canceled voting sessions for the weeks of Sept. 21 and Sept. 28, leaving the chamber with only one more week of voting before heading home ahead of the November midterms.
The Senate is expected to begin work on the CLARITY Act around Sept. 15, but any Senate amendments would require the bill to return to the House before reaching Trump’s desk.
The crypto market structure bill could now be pushed into the post-election lame-duck session.
BITCOIN FALLING WEDGE BREAKOUT. 🚨
Bitcoin just broke out of the same pattern as 2022.
That breakout did +680%.
If it happens again, Bitcoin hits $500,000.
(the weekly candle still needs to close)
ONE FED DECISION TOMORROW COULD CRASH EVERYTHING.
The last time the Fed faced a decision this uncertain was September 2024.
Markets were split on whether the Fed would cut by 25 or 50 basis points.
The Fed shocked everyone with the bigger cut.
Tomorrow it's not cut size.
It's pause versus hike, and 36% of the market is bracing for a hike nobody wants.
Oil is climbing again.
AI spending is fueling inflation.
The job market just stabilized, giving the Fed room to get tougher instead of easier.
Even a pause won't calm things down.
Fed officials close to Warsh have spent weeks signaling hikes are coming later this year regardless of what happens tomorrow.
A hike now doesn't land on a healthy economy.
It lands on struggling consumers, a cracking AI bubble, weak credit markets, and an economy already strained by the Iran war and draining reserves.
Atlanta Fed data already shows growth slowing before any of this even happens.
One wrong move tomorrow, and every one of these cracks gets pulled at once.
🚨 THE BIGGEST U.S. CRYPTO BILL JUST TOOK A MAJOR STEP FORWARD.
Senate Republicans have released an updated 616-page version of the CLARITY Act.
The latest draft includes several new changes as lawmakers race to secure enough votes before the August recess.
Here are the biggest updates:
• The bill would prohibit the President, Vice President, Members of Congress, senior executive branch officials, and their spouses from issuing or promoting digital assets.
• The restriction also extends to former Presidents, including Donald Trump, marking one of the biggest changes made during negotiations.
• A new Law Enforcement section has been added, including:
More funding for crypto investigations.
Expanded blockchain analytics capabilities.
A new cyber center focused on nation-state threats.
A public-private task force to combat crypto fraud.
Authority to freeze, seize, burn and reissue stablecoins under lawful orders.
The bill also strengthens bankruptcy protections, ensuring customer digital assets remain customer property if a crypto exchange or custodian fails.
The Senate has less than 3 weeks before lawmakers leave Washington for the August recess.
If an agreement isn't reached before then, the biggest U.S. crypto market structure bill in years could face another delay.