I-AM-The-Real-VBMⓣ

#cryptocurrency #bitcoin #entrepreneur #venturecapitalist #privateequity

[Coinbase 🛡️ @coinbase]

America is winning the crypto race.

CLARITY gets us over the line.

[Brian Armstrong @brian_armstrong]

The Senate has had CLARITY for a year.
Since then, lawmakers have negotiated hundreds of pages of changes, reached agreement on SEC and CFTC nominations, and secured unprecedented ethics commitments. The crypto and banking industry have compromised as well.

That’s how legislation is supposed to work. No one gets everything. Everyone gets most of what they need.

At this point, the only thing left isn’t negotiation—it's whether some group will try to stall or block legislation that already has broad bipartisan support.

Millions of Americans own crypto and are watching. It’s time to call the vote.

[Conor Kenny @conorfkenny]

🇺🇸 The CLARITY Act will be signed into U.S. law.

🇺🇸 President Trump is ready to sign the CLARITY Act once it is presented.

🇺🇸 Banks are buying Bitcoin.

🇺🇸 A U.S. Bitcoin reserve is coming.

The next bull run will be crazy. Buckle up! 🚀

[Bitcoin Magazine @BitcoinMagazine]

NEW: 🇺🇸 President Donald Trump issues executive order to "allow integration of digital assets into traditional financial services and payment systems." 👀

[Kalshi Crypto @Kalshi_Crypto]

JUST IN: White House Executive Director says "crypto will take off like a rocket ship once Clarity Act passes"

70% chance it becomes law this year

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸 Jerome Powell officially steps down after 8 years as Federal Reserve Chair.

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.

The bill now goes to the full Senate.

[Brian Armstrong @brian_armstrong]

CLARITY is closer than ever.

The bill is strong. It will benefit the American people by making the US financial system faster, cheaper and more accessible. It will also ensure that the US leads in the global race to build the next generation of our financial system.

Huge thank you to the Senate, their staff, and 3.7m @standwithcrypto advocates for helping to get this legislation to where it is today.

Mark it up.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 SEC Chair Paul Atkins calls on lawmakers to pass Bitcoin & crypto market structure legislation now:

"I continue to echo my call for Congress to send the CLARITY Act to President Trump's desk." 👀

[Bitcoin Magazine @BitcoinMagazine]

NEW: 🇺🇸 US Senator Angela Alsobrooks says "we have resolved the yield issue" holding back the Bitcoin & crypto market structure legislation from passing 👀

"I think it can pass, I really do." 🚀

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Companies bought 50,351 bitcoin in Q1 this year, the most amount ever 🤯 🚀

[Watcher.Guru @WatcherGuru]

JUST IN: Elon Musk says most cryptocurrencies are "scams" during OpenAI court testimony.

"Some of them have merit, but most of them are scams."

[Altcoin Daily @AltcoinDaily]

Jerome Powell is out.

Kelvin Warsh is in.

Crypto CLARITY Act is next.

[Watcher.Guru @WatcherGuru]

FUN FACT: Less than 10% of the global population is invested in crypto.

[Bull Theory @BullTheoryio]

SAM BANKMAN FRIED PICKED EVERY WINNER OF THE 2020s AND HIS LAWYERS SOLD THEM ALL AT THE BOTTOM.

If the FTX estate hadn't panic-sold its assets during bankruptcy, SBF would be sitting on a $114 billion empire today. Instead, he is watching the greatest trades of the decade from a prison cell.

The data is almost impossible to believe:

- Anthropic: $82.3 billion (165x) SBF bought an 8% stake for $500M. The estate sold it for $1.3B in 2024. Today, that stake would be worth over $80B.

- SpaceX:$15 billion (75x) A massive stake liquidated early to pay creditors.

- Solana: $5.1 billion (27x) SBF was an early backer at $8. The estate offloaded a massive chunk at $64.

- Robinhood: $4.9 billion (8x)

- Genesis Digital: $3.5 billion (3x)

The Latest "Missed" Fortune: CURSOR

In 2022, Alameda Research wrote a tiny $200,000 check for a 5% stake in the AI startup Cursor. In April 2023, the bankruptcy estate sold that entire stake back for exactly what they paid: $200,000.

Yesterday, SpaceX announced a deal to buy Cursor for $60 billion.

That "worthless" 5% stake would be worth $3 billion today. That is a 15,000x return that vanished because the lawyers wanted a quick exit.

SBF was a genius at picking generational winners and a criminal at managing their money.

The lawyers recovered $18 billion for users. If they had just held, they would be sitting on $114 billion and the most valuable venture portfolio in history.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Treasury Secretary Bessent says crypto is going to be a "very important payment rail."

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 Treasury Secretary Scott Bessent tells the Senate we need to pass Bitcoin & crypto market structure legislation.

"The US has to lead here. We're the technological leader in the world, we should be the payments leader in the world."

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 White House pick for Fed Chair says "digital assets are already a part of the fabric of our financial services industry in the US." 👀

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 US Senator Cynthia Lummis urges lawmakers to pass Bitcoin and crypto market structure legislation ASAP:

"This is our last chance to pass the Clarity Act until at least 2030. We can’t afford to surrender America’s financial future." ‼️

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Coinbase CEO Brian Armstrong says "it's time to pass" the crypto 'Clarity Act.'

"Grateful for all the bipartisan work among Senators and staff over the past several months to make this a strong bill."