This is getting awesome! Clarity Act was rejected, but the SEC opened an even bigger door for Bitcoin?
Just last Wednesday, after the Clarity Act was ruthlessly denied by Congress, the SEC suddenly stepped in and rolled out a five-year “innovation exemption,” allowing qualifying platforms to truly move U.S.-listed stocks like Apple and Nvidia onto the blockchain for trading—including dividends and voting rights.
In other words, whether the Clarity Act passes or not doesn’t really matter. I guess the SEC will treat it as if it passed!
Look at this—this is huge. There’s national-level endorsement, and the market immediately gave an answer: Bitcoin bounced back above $80,000, rising over 5% at one point in the day. Crypto-related stocks rebounded in sync. Plus, with the recent positive developments from the U.S.-China meeting, the market quickly flipped—Bitcoin even retested $82,000, hitting that major double-top resistance again.
Even more interesting: before the SEC officially announced it, JPMorgan—known for being stubborn and hard to budge—had already quietly changed its stance. It said: Bitcoin ETFs are still weighed down by a lot of bearish positions and hedging demand right now. But once those positions loosen and begin to unwind, Bitcoin’s upward momentum could even be stronger than gold.
So the situation now is:
Congressional legislation won’t be possible for the moment—so the SEC and the CFTC will push things forward first using their regulatory powers. The result is the same!
What’s more, Clairty will revisit the decision in a few months. By then, the crypto market is definitely going to heat up again—maybe a surge of 10,000 points? That’s the bull market we’ve all been dreaming of. Shu Qin i
Just last Wednesday, after the Clarity Act was ruthlessly denied by Congress, the SEC suddenly stepped in and rolled out a five-year “innovation exemption,” allowing qualifying platforms to truly move U.S.-listed stocks like Apple and Nvidia onto the blockchain for trading—including dividends and voting rights.
In other words, whether the Clarity Act passes or not doesn’t really matter. I guess the SEC will treat it as if it passed!
Look at this—this is huge. There’s national-level endorsement, and the market immediately gave an answer: Bitcoin bounced back above $80,000, rising over 5% at one point in the day. Crypto-related stocks rebounded in sync. Plus, with the recent positive developments from the U.S.-China meeting, the market quickly flipped—Bitcoin even retested $82,000, hitting that major double-top resistance again.
Even more interesting: before the SEC officially announced it, JPMorgan—known for being stubborn and hard to budge—had already quietly changed its stance. It said: Bitcoin ETFs are still weighed down by a lot of bearish positions and hedging demand right now. But once those positions loosen and begin to unwind, Bitcoin’s upward momentum could even be stronger than gold.
So the situation now is:
Congressional legislation won’t be possible for the moment—so the SEC and the CFTC will push things forward first using their regulatory powers. The result is the same!
What’s more, Clairty will revisit the decision in a few months. By then, the crypto market is definitely going to heat up again—maybe a surge of 10,000 points? That’s the bull market we’ve all been dreaming of. Shu Qin i
