CLARITY Act Latest Update: Tillis Adds Fresh Problem, Coinbase Fires Back And Expert Calls Bill Dead

The post CLARITY Act Latest Update: Tillis Adds Fresh Problem, Coinbase Fires Back And Expert Calls Bill Dead appeared first on Coinpedia Fintech News  The Clarity Act was supposed to be heading toward a May markup with momentum behind it. Instead it spent the past 48 hours collecting new problems like a bill that has started to wonder if it actually wants to become law.  The latest arrived Tuesday when Senator Thom Tillis flagged concerns from law enforcement groups about a specific provision in the legislation.  However, senator Cynthia Lummis reacted to the news and said, “This isn‘t a big new hurdle, and is something I’m working on now. I am committed to keeping protections for non-money transmitting developers safe without tying law enforcements hands to hold bad actors accountable.”  Coinbases CLO Came Out Swinging  Coinbase chief legal officer Paul Grewal did not wait for the dust to settle. He published a detailed thread pushing back on the entire premise that the Clarity Act weakens law enforcement, calling the suggestion flat wrong and backing it up with specifics.  Here is what Grewal says the bill actually does for law enforcement:Expands Bank Secrecy Act coverage to digital asset brokers and exchanges, including full AML and sanctions complianceEnhances

04-29

Ukraine drone strikes intensify, complicating peace outlook

Tech  Ukraine drone strikes intensify, complicating peace outlook  Ukraines drone strikes into Russian territory have surpassed expectations with deep incursions and significant damage. The ceasefire by April 30 market sits at 0.2% YES.  Market reaction  The April 30 resolution market here is virtually dead with just 2 days left. It briefly spiked to 50% before collapsing back. The May 31 market trades at 3.6% YES, still low given recent escalations.  Why it matters  The April 30 market saw a 50-point spike at 11:40 AM that quickly deflated as traders rejected the possibility of a breakthrough. The May 31 contract shows only a 3-point difference over the next 31 days, which means traders see continued hostilities, not rapid diplomatic progress.  Daily volume on the April 30 market is $1,473 in actual USDC, with $865 enough to move it 5 points. This thin order book means even small trades cause large swings. The May 31 market is thicker, requiring $15,857 to move 5 points, which points to more conviction from traders on the longer timeline.  What to watch  The latest drone activity complicates the peace outlook, though the source tier is low, warranting caution. A YES share for May 31 pays $1 if a ceasefire occurs, offering a 27.8x return. The

04-29

AI Agents Are Transforming the Financial Sector

Tech  AI Agents Are Transforming the Financial Sector  The Mass Rise of AI Agents in Financial Transactions  As AI agents take over financial transactions on a massive scale, the industry will have to rebuild its old infrastructures from scratch, focusing on machine identity and trust mechanisms. Microsofts Financial Services Corporate Vice President Bill Borden and Chainalysis Co-Founder and CEO Jonathan Levin clarified this transformation at an event organized by Alchemy in New York. Borden emphasized that legacy systems will face delays, scalability, and competitive pressures amid increasing transaction complexity. He added that firms should now question not only automation capabilities but also the auditability and reliability of systems. While technology can execute a hedging strategy flawlessly, the real issue is shifting to audits and policy compliance. In this context, the role of AI agents in high-volume transactions like BTC detailed analysis is growing.  Transition from Legacy Systems to Machine Identity  Although automation has existed in finance for years, the focus has shifted to trust and audit mechanisms. Microsoft is developing identity, permission, and action tracking tools for agents to manage AI assistants in its products. In regulated markets, when decisions are made without human intervention, firms must prove which controls are active and whether policies

04-29

Iran proposes reopening Strait of Hormuz post-war, US rejects conditions

Tech  Iran proposes reopening Strait of Hormuz post-war, US rejects conditions  Iran has proposed reopening the Strait of Hormuz only after the war concludes and with guarantees against resumption. The US-Iran ceasefire market for April 30 is at 2.9% YES, down from 18% a week ago.  US officials rejected Iran‘s conditions, and traders have responded accordingly. The odds for Trump announcing an end to military operations by April 30 sit at 2.9% YES, with only two days left on the clock. The US invasion of Iran market remains dormant, though Iran’s hardline stance could push it slightly upward.  The ceasefire market has $66,661 in USDC traded, and it would take $111,818 to move the odds by 5 percentage points. The largest movement was a 48-point spike driven by speculative trading rather than any substantive change on the ground.  Irans proposal is a non-starter for US officials, and no diplomatic breakthroughs are visible. At 2.9¢ per YES share, a correct bet on an April 30 ceasefire would pay 34.5x. That payout prices in how unlikely last-minute diplomacy is at this point.  Watch for statements from US intermediaries like Oman or Qatar, any Pentagon operational changes, and new rhetoric from Trump. Any of these could shift the ceasefire

04-29

BCH Price Prediction: $675 Breakout Imminent as Smart Money Builds Positions

BCH Reaches Technical Crossroads  Bitcoin Cash has carved out a compelling setup at current levels around $447, sitting just above its 20-day moving average at $446.11. The cryptocurrency finds itself in that sweet spot where momentum can shift decisively in either direction, but the underlying technicals lean bullish.  The RSI reading of 47.87 puts BCH squarely in neutral territory—not overbought enough to trigger selling pressure, yet not oversold enough to suggest further downside. This positioning often precedes significant moves as the market lacks strong directional bias from momentum extremes.  BCHs current position within the Bollinger Bands at 0.52 shows room to run toward the upper band at $465.17 without hitting immediate technical resistance. The MACD remains flat at the zero line, representing a clean slate where fresh momentum can emerge without fighting existing trends.  Institutional Flow Patterns Shift  The derivatives market reveals a subtle but important shift in positioning that suggests accumulation at current levels. BCHs funding rate sits at a modest 0.0036%, indicating balanced leverage conditions without the excessive positioning that typically derails clean breakouts.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full BCH price, calculator & analysis  Top traders maintain a long/short ratio of 1.2573,

04-29

CLARITY Act Latest Update: Tillis Adds Fresh Problem, Coinbase Fires Back And Expert Calls Bill Dead

The post CLARITY Act Latest Update: Tillis Adds Fresh Problem, Coinbase Fires Back And Expert Calls Bill Dead appeared first on Coinpedia Fintech News  The Clarity Act was supposed to be heading toward a May markup with momentum behind it. Instead it spent the past 48 hours collecting new problems like a bill that has started to wonder if it actually wants to become law.  The latest arrived Tuesday when Senator Thom Tillis flagged concerns from law enforcement groups about a specific provision in the legislation.  However, senator Cynthia Lummis reacted to the news and said, “This isn‘t a big new hurdle, and is something I’m working on now. I am committed to keeping protections for non-money transmitting developers safe without tying law enforcements hands to hold bad actors accountable.”  Coinbases CLO Came Out Swinging  Coinbase chief legal officer Paul Grewal did not wait for the dust to settle. He published a detailed thread pushing back on the entire premise that the Clarity Act weakens law enforcement, calling the suggestion flat wrong and backing it up with specifics.  Here is what Grewal says the bill actually does for law enforcement:Expands Bank Secrecy Act coverage to digital asset brokers and exchanges, including full AML and sanctions complianceEnhances

04-29

Ukraine drone strikes intensify, complicating peace outlook

Tech  Ukraine drone strikes intensify, complicating peace outlook  Ukraines drone strikes into Russian territory have surpassed expectations with deep incursions and significant damage. The ceasefire by April 30 market sits at 0.2% YES.  Market reaction  The April 30 resolution market here is virtually dead with just 2 days left. It briefly spiked to 50% before collapsing back. The May 31 market trades at 3.6% YES, still low given recent escalations.  Why it matters  The April 30 market saw a 50-point spike at 11:40 AM that quickly deflated as traders rejected the possibility of a breakthrough. The May 31 contract shows only a 3-point difference over the next 31 days, which means traders see continued hostilities, not rapid diplomatic progress.  Daily volume on the April 30 market is $1,473 in actual USDC, with $865 enough to move it 5 points. This thin order book means even small trades cause large swings. The May 31 market is thicker, requiring $15,857 to move 5 points, which points to more conviction from traders on the longer timeline.  What to watch  The latest drone activity complicates the peace outlook, though the source tier is low, warranting caution. A YES share for May 31 pays $1 if a ceasefire occurs, offering a 27.8x return. The

04-29

Bitcoin rises to $77,000 ahead of Fed decision as Trump preps for lengthy Hormuz block

Bitcoin is doing nothing while everything around it moves.  The largest crypto just under $77,000 on Wednesday in Asian hours, up just 0.1% over 24 hours and down 0.8% on the week, holding a tight band even as Brent crude pushed above $111 a barrel on a Wall Street Journal report that President Donald Trump told aides to prepare for an extended U.S. naval blockade of the Strait of Hormuz.  Iran has said the country is in a “State of Collapse,” Trump claimed on Truth Social Tuesday, while Tehran has signaled it may accept an interim deal to reopen the strait if Washington lifts its blockade of Iranian ports.  Ether dropped 2.6% on the week to $2,310. XRP fell 3.8% to $1.39. Solana lost 3.2% to $84.57. BNB shed 2.3% to $625. The exception was dogecoin, up 5.5% on the week to $0.1016, the only top-10 token outside stablecoins to print green over seven days.  Bitcoins market dominance is slowly climbing again as a result, which is what tends to happen when macro stress arrives and capital rotates into the largest asset.  Zaheer Ebtikar, founder of Split Research, said in a note that bitcoins relative calm was indicative of a change in market strucute.  “The supply

04-29

Vance questions Pentagon war narrative, highlights US weapons stockpile concerns

Tech  Vance questions Pentagon war narrative, highlights US weapons stockpile concerns  Vice President J.D. Vance has questioned the Pentagons optimistic war narrative, drawing attention to US weapons stockpile concerns. The market for no qualifying US-Iran diplomatic meeting by June 30 sits at 17.3% YES, up from 4% a week ago.  Vances challenge appears to be pushing traders toward diplomatic outcomes. The sub-market for diplomatic meetings by June 30 jumped 32 points at 11:40 AM. Daily USDC volume is $1,220, which shows genuine interest but thin liquidity.  The permanent peace deal by April 30 market is at 1% YES with only two days left. The June 30 peace deal is more active at 43.5% YES, which suggests traders expect a longer timeline for any resolution.  Total USDC traded over the last 24 hours is $4,878. It takes only $614 to move the diplomatic meeting odds by 5 points, meaning small orders can swing prices substantially. There are no signs of large institutional positions.  At 17.3¢, a YES share for a diplomatic meeting by June 30 pays $1 if it resolves, a 5.78x return. Vances remarks signal a possible pivot toward diplomacy that could force traders to reassess US-Iran engagement bets.  Watch for statements from Abbas Araghchi or the

04-29

MemeCore slides 15%: Why THIS support could decide Ms next move

Tech  MemeCore slides 15%: Why THIS support could decide Ms next move  MemeCore [M] continues to face intensified selling pressure, recording a 15% decline over the past 24 hours at press time.  Indicators across derivatives data, chart structure, and liquidity positioning suggest that the current downtrend may persist. In fact, bearish dominance appears to be strengthening rather than easing.  Liquidity builds around short positioning  Liquidity data points to a growing concentration of short positions in the MemeCore perpetual futures market.  According to recent data from , Open Interest (OI) has decreased while the Funding Rate has turned negative, a combination that typically signals rising short dominance.  The Funding Rate dropped to the negative region in the early hours of the 28th of April, indicating that short traders are now paying funding fees, a sign that the market is skewed toward downside expectations.  This shift aligns with a $12.3 million decrease in leveraged positions over the same period, suggesting that the remaining capital has a large short exposure as bearish conditions persist.  From a momentum standpoint, trading volume surged by 104% in the past 24 hours to reach $114 million. The combination of rising volume and falling price indicates strong participation, with traders likely positioning for further downside.  Bearish structure keeps

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