Senate clears crypto bill. BTC still stuck at $78K.
from Token Metrics Daily Pulse Hosted by Token Metrics
The Senate just cleared the Clarity Act yield hurdle. BTC sits at $78K, barely moving. Fear & Greed jumped 13 points overnight. Big legislation. Muted reaction. Someone's not impressed. Today's key developments: • The Senate cleared a key hurdle on the Clarity Act, advancing crypto's most significant legislative package in years - including a provision letting crypto firms offer stablecoin yield while shielding bank deposit rates from direct competition. • The Ethereum Foundation completed its third OTC sale to Bitmine, offloading another 10,000 ETH - bringing the total sold to Bitmine to $47 million worth of ETH. • Riot Platforms shares jumped 8% after expanding its AMD data center deal, signaling a deliberate pivot toward AI infrastructure. The company posted $167 million in Q1 revenue, with its data center arm pulling in $33 million in its first quarter of operation. 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/senate-clears-crypto-bill-btc-still-stuck-at-78k-may-2-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com
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