$DASH respected the rising channel, held its structure, and then pumped more than 20%. The move confirms strength, and as long as the channel remains intact, continuation remains the higher-probability scenario.
$BTC stays resilient while lawmakers hesitate. The CLARITY Act failed to pass hearings in the US Senate Banking Committee and that outcome may actually be a relief for the crypto industry. In its latest revision, the bill introduced several controversial provisions that would have made the regulatory environment worse, not better:
A ban on tokenized equities, directly limiting the development of on-chain capital markets
New privacy restrictions in DeFi, undermining one of the sector's core principles
A ban on yield-bearing stablecoins, a key building block for on-chain liquidity and payments
The red flag moment came when Coinbase officially withdrew its support, citing "too many issues" in the current draft. Shortly after, the committee postponed the markup indefinitely.
The industry is no longer willing to accept regulation "at any cost." Poorly designed laws that restrict innovation, privacy, and new financial primitives are now openly challenged even by the largest U.S.-based exchanges.