The key procedural votes on the “Cryptocurrency Market Structure Act” (the “CLARITY Act”) held this early morning:
The final result ended 50 votes in favor and 50 votes against, failing to reach the required 60-vote threshold;
In other words, the CLARITY Act vote did not pass, so it cannot enter the Senate’s formal review process in the short term.
For the past few days, I’ve been warning everyone about the risks and encouraging everyone to short the market. Unfortunately, there are too many optimists in the square—teachers shouting “new highs” and “bull is back.” Retail investors can’t be pulled out of it 😅
$BTC
The final result ended 50 votes in favor and 50 votes against, failing to reach the required 60-vote threshold;
In other words, the CLARITY Act vote did not pass, so it cannot enter the Senate’s formal review process in the short term.
For the past few days, I’ve been warning everyone about the risks and encouraging everyone to short the market. Unfortunately, there are too many optimists in the square—teachers shouting “new highs” and “bull is back.” Retail investors can’t be pulled out of it 😅
$BTC
