Browsing: Vote

Bitcoin (BTC) Author Ahmed Barakat Author Part of the Team Since Mar 2024 About Author

Solana (CRYPTO:SOL) trades near $97 on September 16 after falling 5.45% in the previous session to close at $96.93. Its 20-day EMA is around $97.70, putting SOL near a key short-term trend level. The Federal Reserve raised rates by 25…

XRP fell more than 8% after the Senate blocked a key crypto bill, even as the token’s existing US regulatory treatment remained intact.

The U.S. Senate failed to advance the CLARITY Act on September 15, falling short 49-50 in a procedural cloture vote, and the crypto market’s leveraged bulls paid almost immediately, especially in BTC USD and Ethereum.

The Zcash token rose more than 7% in the last 24 hours, while Bitcoin’s price fell more than 1% to around $75,804.

Bitcoin price analysis is rough right now, as it trades around $75,700, down roughly -2.2% on the day, while a bruised market digests a Senate vote that went nowhere. There’s a quieter number worth watching too, one buried further down in the presale data most traders haven’t looked at yet.

The CLARITY Act vote was meant to put the U.S. crypto industry on a path toward permanent federal rules. However, but the Senate voted 49-50 against advancing the legislation, falling far short of the 60 votes needed to clear the hurdle.

The Digital Asset Market Clarity Act, which aims to create a comprehensive regulatory framework for digital assets in the US, failed to gain the necessary support to pass in the Senate.

Senate Cloture Vote on CLARITY Act Fails 49-50, Stalling Crypto Rules and Prediction Market Expansion SCCG · Tribal

The CLARITY Act failed its biggest test on September 15, when the Senate voted 49-50 to reject cloture on the motion to proceed to the sweeping crypto market structure bill. Technically, the bill is not dead, but it has less time before the 2026 elections.