Former House Financial Services Committee Chairman Patrick McHenry told Bloomberg the CLARITY Act’s passage is “a question of when, not if,” days after comparing the crypto market structure bill to the 1996 Telecommunications Act. A Telecom-Sized Comparison Patrick McHenry, the former chairman of the House Financial Services Committee who helped shepherd the CLARITY Act through […] from Bitcoin News https://ift.tt/YBQerE0
Bitcoin fell below $64,000 after reaching nearly $67,000 mid-week, dropping its market cap to $1.285 trillion and triggering $312 million in total crypto liquidations. Bitcoin Reverses Gains as Liquidations Mount Bitcoin briefly slipped below $64,000 on Friday, positioning the top cryptocurrency to end the week flat after nearly reaching $67,000 on Wednesday. The reversal occurred […] from Bitcoin News https://ift.tt/Z741rJj