This week’s CLARITY Act markup could be the catalyst bitcoin has been waiting for

From sherwood.news

A markup for the stalled CLARITY Act is slated for Thursday, representing the potential catalyst bitcoin has been waiting for to break higher after breaching the key $80,000 level. Mark Palmer, Benchmark’s managing director, called the markup “a meaningful breakthrough for the effort to establish long-awaited regulatory clarity for crypto markets in the US.” “Policy is becoming a market catalyst again. That matters because crypto markets are increasingly pricing regulatory clarity as an institutional access event,” Timothy Misir, head of research at Blockhead Research Network, said. Sid Powell, CEO of Maple ... (full story)