THE CLARITY ACT VOTE STARTS IN A FEW HOURS. THIS IS WHAT'S AT STAKE. đš
Tonight at 1:15pm GST time the US Senate votes on America's first ever crypto law.
Here is exactly what happens in each scenario:
â IT PASSES â 60 votes achieved:
â Crypto gets legal clarity for the first time ever
â Bitcoin and altcoins likely pump hard overnight
â Biggest regulatory win for crypto since Bitcoin ETF approval
â IT FAILS â Less than 60 votes:
â No crypto law until 2027 at the earliest
â November elections make it even harder to pass later
â Uncertainty continues â prices suffer
Why it might fail:
â Republicans only have 53 seats â need 7 Democrats
â Democrats blocking over ethics rules targeting Trump's $1.4 billion crypto income
â Prediction markets giving it only 10-16% chance tonight
Bitcoin sitting at $77,850. Nervous but holding.
The Fed rate decision follows TOMORROW â 88% chance of a rate hike.
Two bombs. 24 hours apart. Everything changes tonight.
Are you staying up to watch? đ
$BTC $ETH $BNB #ClarityAct #Bitcoin #CryptoNews #BinanceSquare
Tonight at 1:15pm GST time the US Senate votes on America's first ever crypto law.
Here is exactly what happens in each scenario:
â IT PASSES â 60 votes achieved:
â Crypto gets legal clarity for the first time ever
â Bitcoin and altcoins likely pump hard overnight
â Biggest regulatory win for crypto since Bitcoin ETF approval
â IT FAILS â Less than 60 votes:
â No crypto law until 2027 at the earliest
â November elections make it even harder to pass later
â Uncertainty continues â prices suffer
Why it might fail:
â Republicans only have 53 seats â need 7 Democrats
â Democrats blocking over ethics rules targeting Trump's $1.4 billion crypto income
â Prediction markets giving it only 10-16% chance tonight
Bitcoin sitting at $77,850. Nervous but holding.
The Fed rate decision follows TOMORROW â 88% chance of a rate hike.
Two bombs. 24 hours apart. Everything changes tonight.
Are you staying up to watch? đ
$BTC $ETH $BNB #ClarityAct #Bitcoin #CryptoNews #BinanceSquare
