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

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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

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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

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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

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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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UNI Price Prediction: 80% Rally to $5.85 Target as Smart Money Accumulates During 34% Correction

The Immediate Setup  Uniswap trades at $3.22 after surrendering 0.89% in 24 hours, now sitting 34% below its 200-day moving average of $4.86. The token finds itself squeezed between the 20-day SMA at $3.24 acting as overhead resistance and the lower Bollinger Band at $3.04 providing tenuous support below. RSI neutrality at 45.36 combined with a flatlining MACD histogram signals indecision rather than capitulation.  Volume patterns tell the story of selective accumulation. Binance spot registered $5.8 million in turnover while derivatives open interest declined 0.68% to $57.3 million, flushing out weak positioning. The taker buy/sell ratio of 1.13 indicates persistent aggressive buying despite the surface weakness, suggesting institutional interest remains intact during this correction phase.  Technical Battlefield Defined  The $3.44 upper Bollinger Band represents the critical inflection point separating consolidation from breakout potential. Above this threshold, UNI can target the 50-day moving average convergence before attempting a run toward the $5.85 technical projection zone. Below current support at $3.17, the token risks testing stronger demand at $3.11 before the lower Bollinger Band at $3.04 becomes the final defense.  Moving averages paint a mixed picture with UNI trading below most longer-term benchmarks while the 7-day ($3.27) and 20-day ($3.24) averages converge, typically signaling consolidation rather than

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USS Rafael Peralta reinforces US blockade on Iranian ports in Hormuz Strait

Tech  USS Rafael Peralta reinforces US blockade on Iranian ports in Hormuz Strait  The USS Rafael Peralta is actively supporting the US blockade on Iranian ports in the Strait of Hormuz. With 33 days left, the market on whether Donald Trump will announce the blockades lifting by May 31 sits at 58% YES, unchanged over the past 24 hours but down from 84% a week ago.  The Peraltas deployment signals a firm US stance on maintaining the blockade, which works against prospects for a quick resolution. The May 31 sub-market is the primary focus. A 12-point spike occurred previously, showing volatility as traders react to new developments. The market trades $369,613 daily in face value, and it takes $124,623 to move the odds by 5 percentage points.  The blockades reinforcement by the Peralta makes traffic normalization through the Strait of Hormuz by end of June less likely. Current odds for traffic normalization are not available, but the ongoing blockade and absence of meaningful diplomatic progress keep expectations low.  The USS Rafael Peraltas presence and continued enforcement indicate the US is committed to maintaining pressure on Iran, reducing the likelihood of an imminent lift. A YES share in the May 31 market at 58¢ offers a

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Galaxy Digital Q1 2026: $216M Loss and Helios Hope

Tech  Galaxy Digital Q1 2026: $216M Loss and Helios Hope  Galaxy Digital reported a net loss of 216 million dollars in the first quarter of 2026. The decline in crypto asset prices created heavy pressure on the balance sheet. CEO Mike Novogratz attributed the losses to the sector‘s transformation phase during the earnings call. He emphasized that digital assets have evolved from a speculative ’crypto casino‘ to a technology integrated into global industries. While the crypto market cap shrank by %21, unrealized losses formed in Galaxy’s treasury. Despite this, trading volumes remained stable; Novogratz described this as a sign that the business model is decoupled from price fluctuations.  GLXY Stock and Data Center Strategy  GLXY shares rose slightly around 25,30 dollars on Tuesday. The company is highlighting its Helios campus in Texas against volatility. The first data hall was delivered under the lease agreement with CoreWeave; at full capacity, it will generate over 1 billion dollars annually. Executives see this as a risk mitigation step. Data center revenues will increase in Q2; CoreWeave and Galaxy Ventures are playing a role.  ID Technical Analysis: Critical Support and Resistance Levels  The decline in the crypto market also affected ID. Current data:Price: $0.03 (24h: +0.65%)RSI: 42.59 | Trend: Downtrend

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BeYachad alliance opposes Netanyahu, impacts Israel-Hezbollah ceasefire prospects

Tech  BeYachad alliance opposes Netanyahu, impacts Israel-Hezbollah ceasefire prospects  Naftali Bennett and Yair Lapid have formed the BeYachad alliance to oppose Prime Minister Netanyahu, with the Israel-Hezbollah ceasefire by June 30 market sitting at roughly 15% YES odds. The alliance backs sustained military operations against Hezbollah, which cuts directly against ceasefire prospects.  ## Market reaction  The BeYachad alliance‘s pro-military stance puts downward pressure on ceasefire odds. The June 30 market may see a decrease in YES odds given the alliance’s position. A similar market for the April 30 deadline adds context, though no significant odds shifts are expected immediately.  On Netanyahus political future, the market for his departure by the end of 2026 could see YES odds rise by around 10%. The BeYachad alliance adds opposition pressure to his administration, though the effect is subtle at this stage.  The Russia-Ukraine ceasefire markets are unaffected by this Israeli political development. The April 30 market holds at 0.2% YES, with no connection to Israeli politics.  ## Why it matters  Both Israel-related markets show zero 24-hour trading volume, which points to traders waiting for concrete policy moves before repositioning. The lack of immediate movement suggests skepticism about whether this political shift will produce real changes on the ground.  ## What to watch  The

04-29

AI Agents Are Transforming the Financial Sector

Tech  AI Agents Are Transforming the Financial Sector  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 are being enforced. This mandates the integration of

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