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Coinbase Global Inc. (NASDAQ: COIN ) stock was trading lower on Tuesday as investors took profits after a 9% rally on Monday. Monday’s stock gain coincided with Senate Republicans releasing a revised draft of the CLARITY Act ahead of Tuesday’s scheduled procedural vote. The updated draft addresses ethics and banking in
Circle Internet Group Inc. (NYSE: CRCL ) stock was trading lower on Tuesday as investors engaged in profit-taking following a 7% rally on Monday. The broader crypto-linked stock sector experienced upward momentum on Monday after Senate Republicans released a revised draft of the Clarity Act ahead of a planned procedura
By Joe LightThe cryptocurrency industry faces a pivotal moment Tuesday afternoon, as the Senate is scheduled to hold a procedural vote on whether to advance the Clarity Act. The vote will come down to a handful of moderate Democrats.The industry has spent millions of dollars lobbying senators to pa…
Bitcoin was holding above $78,000 at $78,196. Ethereum was at $2,466, Solana at $102.28, XRP at $1.39, and Dogecoin at $0.08878 as traders looked to key macro events to drive risk-asset sentiment.
Strategy, Coinbase, Bitmine and Circle rise as traders react to renewed CLARITY Act optimism, while the U.S. Treasury says it will double long-term bond buybacks starting Sep. 9.