JPMorgan Cuts CLARITY Act Odds to 50%, Warns of Loopholes
The bank's risk team flagged procedural shortcuts as the Senate eyes a July floor vote, and a separate analyst note now puts the bill's 2026 odds at fifty-fifty.
Macro events that move crypto — central bank rate decisions, inflation prints, banking stress, and global risk shifts.
The bank's risk team flagged procedural shortcuts as the Senate eyes a July floor vote, and a separate analyst note now puts the bill's 2026 odds at fifty-fifty.
The bitcoin revision does the heavy lifting: Cowen's prior $140K year-end call was already aggressive, and a $40K haircut to $100K flows straight into the proxy that anchors its valuation of…
The headline outflow is brutal, but the breakdown matters more: BlackRock's IBIT alone accounted for $1.3B of the exit, with $448M in leveraged longs wiped out alongside.
Tim Scott wants a July floor vote, but DOJ and FBI objections to the DeFi exemption have turned the bipartisan bill into the year's highest-stakes crypto fight.
The state-versus-CFTC fight over who regulates prediction markets just got its first concrete court loss for Kalshi, and the TRO is only the opening round.
Strategy’s $2.5B STRC backstop bought time but didn’t end the test, with whales now parking coins on the two largest venues and options desks piling into downside hedges.
An R2 of 0.81 means USD/JPY swings alone statistically explain the bulk of weekly BTC moves, a relationship that breaks the standard yen carry-trade script and points to dollar strength as the common…
The yen move is the macro tell, not the price tag: a 40-year low in JPY forces a global unwind of carry trades funded in yen, and crypto is taking the spillover alongside equities.
The bitcoin ETF complex is missing the year's hottest risk-on trade, a chip-led AI rally that has Asia's benchmark pacing its best quarter in 17 years and pulling marginal dollars away from BTC…
The sentence closes a multi-year US case over GTV, Himalaya Exchange and the farm alliance, but leaves open how much investors will ever recover from the alleged $1B raise.
It's not a sale yet, but Strategy's reversal of Saylor's never-sell stance meets a 40-year-low yen and a thin on-chain tape, leaving the market with no obvious lift.
The yen trade is the macro frame, but Strategy's first billion-dollar BTC monetization program under a soft market is what breaks the bid.
A public ultimatum from the president is political theater, not policy, but it lands with operators already running on thin margins and into an election-year inflation fight.
The investment bank still expects a July 13 Senate markup, but ethics, law enforcement, and banking-industry friction mean the crypto market-structure bill faces real odds of slipping past the…
The largest US bank by assets is now treating tokenization, stablecoins, and on-chain settlement as core infrastructure, not a side experiment, with implications across custody, payments, and capital…
A Monday sit-down with sheriffs and other law enforcement groups is the clearest signal yet that the administration wants the crypto market structure bill across the Senate floor before the August…
The Bank for International Settlements' annual report says the five biggest hyperscalers are on track to spend over $1T on AI in 2025-2026, and a returns disappointment could ripple through credit,…
The ruling preserves the central bank's statutory independence and freezes a constitutional fight that could have redrawn how the White House pressures the Fed over rates.
The claim is verbal only, with no data point attached; markets and consumers typically weight what follows, not the assertion itself.
The crypto market-structure bill faces a tightening calendar and competing floor priorities, with the firm's analyst now betting on a July vote rather than a sure thing.