Stellar holds a bullish bias as momentum indicators improve
Key takeaways Stellar continues consolidating between its 50-day and 100-day EMAs. CryptoQuant data suggests a neutral-to-bullish outlook for XLM. On-chain and derivatives data support a mild bullish outlook Stellar traded cautiously on Tuesday, but improving...
ZachXBT Names Bitget’s Real Boss, Warns Escalation Against Chinese CEX ‘Cartel’ Is Coming
Key TakeawaysZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role.He also warned of an imminent escalation against the “Chinese CEX cartel” in the near future.Neither Bitget nor Shawn Liu has...
Congress Members to Hold Bipartisan Crypto Tax Meeting May 14
Key TakeawaysHouse Ways and Means Committee convenes bipartisan crypto tax session on May 14, alongside the CLARITY Act vote.PARITY Act would defer staking taxes for up to 5 years and eliminate capital gains on stablecoin payments under $200.Rep. Max Miller expects...
US Senate Drops 309-Page Crypto CLARITY Act Draft Ahead of May 14 Vote
Senate Banking Committee’s 309-page CLARITY Act draft targets a May 14 markup vote.The bill assigns SEC authority over new token sales and CFTC control over all secondary trading.Passage on May 14 would send the CLARITY Act to a full Senate floor vote before end of...Interesting 13
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