- CoinGape Newsletter
- Posts
- Crypto Pulse Daily: CLARITY Act Hits Pause as Coinbase Backlash Derails Senate Markup
Crypto Pulse Daily: CLARITY Act Hits Pause as Coinbase Backlash Derails Senate Markup
Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.
The Seeker team has unveiled its SKR token distribution plan as its allocation tracker goes live. They have confirmed that in excess of 1.8 billion tokens are to be dispensed in the Solana ecosystem airdrop.
The Senate Banking Committee has pushed back its meeting concerning the CLARITY Act amid the withdrawal of support from Coinbase. The meeting has now been rescheduled for a later date.
Bitcoin and XRP prices have surged following the US Senate’s cancellation of the crypto market structure bill markup. Bitcoin price surged past $97,000 after a strong 24-hour rally. XRP price also saw significant growth, rising above $2.10. The wider crypto market had gained 0.84% in the last 24 hours, building on a 7-day trend of gains of 4.42%. Ether price showed a significant rise of 6% with a significant breakthrough of major resistance points at $3,400 since November. This trend heralds the further drive of the altcoins in the market. | Dogecoin price has been hovering around $0.14 after experiencing minor consolidation. The meme coin is on the verge of a bullish market, as an Inverse Head and Shoulders pattern is formed, indicating a possible rise in the market. Other large cryptos are also experiencing bullish momentum, along with Dogecoin, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). In the meantime, the U.S. Senate postpones Thursday’s markup in the wake of Coinbase withdrawing its support. |




