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CFTC Chair Mike Selig Says CLARITY Act Is a ‘Must-Pass’ Crypto Bill
CFTC Chair Mike Selig backs the CLARITY Act as French Hill pushes for July Senate action on crypto market rules. U.S. crypto policy returned to focus as officials renewed calls for the CLARITY Act. CFTC Chair Mike Selig said the bill is needed for clear digital asset rules. Selig said innovators and market participants need…
US Dollar: Losing more ground – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note the Dollar remains under pressure after softer US CPI and PPI data, with FX volatility declining and Brent around $85. They argue markets may keep one Federal Reserve hike priced for this year, allowing the Dollar to edge lower across most pairs as other central…
The crypto market shows mixed performance, with the NFT sector rising over 4% and the SocialFi sector falling nearly 2%
Odaily Odaily, July 13. According to SoSoValue data, the crypto market sectors showed mixed performance. The NFT sector rose 4.50% in 24 hours, with Audiera (BEAT) gaining 15.29%. The AI sector increased by 0.84%, with Billions Network (BILL) up 24.00%. Other standout sectors included: the CeFi sector rising 0.19%, with Cronos (CRO) up 0.48%; the…
Sam Altman ChatGPT AI Predicts Insane SpaceX Stock Price by End of 2026
Sam Altman, ChatGPT AI, just put a clean number on SpaceX’s stock price prediction, treating the post-IPO pullback as the entry point rather than a warning sign. The model predicts $225 by year-end 2026, implying roughly 55% upside from where shares sit today, with $250 or more possible if growth accelerates. The bull case anchors…
EthSystems targets banks with blockchain privacy technology from Ethereum Foundation spinout
A group of former Ethereum Foundation researchers just hung out their own shingle, and their pitch is simple: make Ethereum private enough for banks to actually use it. EthSystems launched on July 14 as a for-profit engineering company building privacy and compliance tools for institutional players on Ethereum. The company grew directly out of the…
XRP Has ‘No Tangible Adoption,’ Chainlink Community Lead Says
The SWIFT integration rumor No adoption? There is a rather perennial debate regarding the real-world utility of the Ripple-linked XRP token, and it has just been reignited by a prominent community of a rival altcoin. Zach Rynes, who is known as the Chainlink community lead, publicly declared that there is “no tangible adoption or meaningful…