The update followed discussions with Senate Banking Committee Chairman Tim Scott and Senator John Boozman, according to Sacks’ post on X. Crypto markets were largely unmoved by the news, with total market capitalization slipping below $3 trillion over the past 24 hours. The CLARITY Act would draw a regulatory line between digital commodities and securities,...

Data shows Bitcoin and Ethereum have formed a divergence in the Funding Rate indicator, with traders going long on BTC, short on ETH. Bitcoin & Ethereum Funding Rates Are Showing Opposite Values In a new post on X, on-chain analytics firm Santiment has talked about how the Funding Rate has developed for Bitcoin and Ethereum...

Next year could be good but won't be driven by blockchain tech upgrades. Ethereum's (ETH +3.73%) price is down 27% during the past 12 months, so many investors are eager for any bullish narrative that might suggest that things might be looking up for the cryptocurrency. Eventually, those better days will roll around. I also...