The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.
Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.
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The protocol’s “UNIfication” proposal has already crossed quorum, with more than 69 million UNI tokens voting in favor and virtually no opposition as of Monday.
Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.
The market depth shows dominance of buy orders at levels away from the going market rate.
The capital raise will support balance sheet restructuring and the company's bitcoin strategy.