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Press Release: BRC Specialty Finance Provides $20 Million Senior Secured Term Loan Supporting AI-Driven HPC Data Center Infrastructure Provider
The U.S. Clarity Act has been placed on the Senate legislative calendar.
PANews, June 3 — According to Bitcoin News, the U.S. Clarity Act has officially been submitted by the Senate Banking Committee and placed on the Senate’s legislative calendar. The Senate Banking Committee passed the bill on May 14 by a vote of 15 to 9, and it was formally added to the Senate calendar on June 1, making it eligible for full Senate consideration. The next critical hurdle is a floor vote in the full Senate.
The Blockchain Association urged the U.S. Senate to pass the Clarity Act, accompanied by a joint letter signed by 160 former security officials.
PANews, June 3 — According to The Block, the Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Democratic Leader Charles Schumer, expressing strong support for the Clarity Act. The letter, signed by 160 former national security and law enforcement officials, emphasized that digital asset market structure is a priority for law enforcement and national security. It stated that the Clarity Act expands law enforcement capabilities within the digital asset ecosystem and
Bitcoin falls below $67,000—has liquidity abandoned the crypto market?
The crypto market continues to decline, and Bitcoin sentiment has deteriorated sharply. Factors including AI-driven rallies in U.S. equities, major exchanges expanding into U.S. stock trading, outflows from ETFs, and Strategy selling its holdings have collectively left the market severely lacking liquidity support.
Bitwise: Three Reflections on the Anomalous State of the Crypto Market
There are currently three market developments worthy of attention. First, cryptocurrencies are becoming a contrarian investment; second, there is uncertainty surrounding the enactment of the CLARITY Act; and third, capital is flowing toward smaller-cap emerging crypto assets with sound fundamentals.
Bank of Russia: Russian citizens' investment interest in cryptocurrencies has not increased.
PANews, June 2 — According to Bits.media, the Central Bank of Russia stated that Russian citizens have shown no increase in interest in cryptocurrency investments. The bank’s Financial Stability Review indicates that Russians hold approximately RUB 3.8 billion in cryptocurrency-linked financial instruments, essentially unchanged from six months ago. Private investors hold RUB 1.7 billion in cryptocurrency-linked corporate bonds, and including institutional investors, the total market size reaches RUB 4.1 billion, with retail investors accounting for 42%. These instruments are primarily issued by Sberbank and VTB. Around 5,600 private investors hold RUB 1.7 billion in cryptocurrency futures positions.