📌 TOPINDIATOURS Eksklusif crypto: CLARITY Act’s Stablecoin Yield Restrictions Coul

The Digital Chamber, a leading cryptocurrency advocacy group, has urged the US Congress to preserve yield-generating capabilities for payment stablecoins.

In its latest proposal, the group argued that current legislative drafts in the CLARITY Act threaten to outlaw the fundamental mechanics of DeFi.

Digital Chamber Urges Congress to Preserve Stablecoin Yields

The group specifically petitioned lawmakers to retain the exemptions in Section 404 of the proposed CLARITY Act.

These provisions distinguish between traditional “interest,” which banks pay on insured deposits, and other interest rates. They effectively separate this income from “rewards” derived from liquidity provision (LP) activities on decentralized exchanges.

The Chamber warned that removing these exemptions would not only stifle domestic innovation but also “undermine dollar dominance.”

The group posits that if US-regulated stablecoins are legally barred from participating in DeFi markets, global capital will inevitably flow to foreign-issued digital assets or unregulated offshore entities.

This shift, they argue, would effectively reduce demand for the US dollar in the digital economy.

Furthermore, the advocacy group stressed that a total ban on yields would force users into passive holding strategies.

According to them, this could, ironically, increase financial exposure to “impermanent loss.” This is a risk associated with asset volatility in liquidity pools.

Digital Chamber Offers Regulatory Concessions

Notably, the banking lobby contends that allowing stablecoins to offer yield without complying with banking capital requirements creates a dangerous arbitrage opportunity.

They argue that this regulatory gap threatens to destabilize the entire financial system. They also claimed that high-yield stablecoins would siphon liquidity away from community banks.

As a proposed compromise, the Chamber suggested mandating clear consumer disclosures to clarify that stablecoin yields are not comparable to bank interest rates and are not FDIC-insured.

Additionally, they recommended that regulators conduct a federal “Deposit Impact” study two years after the bill becomes law.

The group argues that this empirical data will prove that stablecoins complement, rather than disrupt, the traditional banking sector.

The recommendations arrive as negotiations on a comprehensive market-structure bill (CLARITY Act) reach a critical impasse.

A high-stakes meeting at the White House earlier this week between banking representatives and cryptocurrency executives reportedly ended in deadlock.

Wall Street lobbyists remain staunchly opposed to any measure that would allow non-bank stablecoin issuers to pass yields to customers, viewing such products as a direct threat to the traditional depository model.

The post CLARITY Act’s Stablecoin Yield Restrictions Could Benefit Foreign Currencies, Not USD appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com

📌 TOPINDIATOURS Update crypto: Analysis Puts Bitcoin Price ‘Ultimate’ Bear Market

Bitcoin may not have hit true capitulation yet. On chain analytics firm CryptoQuant is warning that the real bear market floor could sit closer to $55,000. That is lower than many bulls want to admit.

If their data is right, the market still has some pain to process before a proper structural base forms. Weak hands may not be fully flushed. And until that final reset happens, calling this the ultimate bottom might be a bit premature.

Is The Selling Finally Over?

CryptoQuant says we are still in a normal bear phase, not the extreme panic zone that usually marks once in a cycle buying opportunities. In their view, bottoms are not single candles. They are long, messy processes that take time to build.

Meanwhile, price action keeps slipping. ETF outflows are stacking up and Bitcoin losing $66,000 has traders nervous. But according to the data, we still have not seen the kind of pain that typically resets the market.

Bitcoin price is trading more than 25% above its realized price, a level that has historically acted as strong support.

In past cycles like 2018 and the FTX collapse, Bitcoin bottomed 24% to 30% below realized price. If that pattern plays out again, the $55,000 area becomes the zone to watch.

Realized Losses And Valuation Metrics

The latest CryptoQuant data shows real damage under the surface.

On February 5, Bitcoin holders locked in $5.4 billion in daily losses as price slid 14% to $62,000. That was the biggest single day loss since March 2023.

But even with those numbers, key valuation metrics are not flashing full bottom yet.

The MVRV ratio has not dropped into the extreme undervalued zone that usually shows up at cycle lows. The NUPL metric also has not hit the deep unrealized loss levels that typically mark capitulation.

Long term holders tell a similar story. Right now, many are selling around breakeven. In past bear market bottoms, they were sitting on losses of 30% to 40%.

If history is any guide, the final phase of capitulation may require a deeper reset before a durable floor forms. Until then, patience may prove more valuable than premature bottom calls.

If Bitcoin Needs Another Reset, Bitcoin Hyper Does Not

When analysts start talking about “true capitulation,” it means one thing. Bitcoin could stay slow and heavy for longer than bulls expect.

That is not the environment for explosive base-layer moves.

Bitcoin Hyper ($HYPER) is built for momentum regardless of where BTC chops. This Bitcoin-focused Layer-2, powered by Solana technology, adds speed, lower fees, and real on-chain utility without touching Bitcoin core security.

Bitcoin Hyper is already gaining traction. The presale has raised over $31 million so far, with $HYPER priced at $0.0136751 before the next increase, plus staking rewards up to 37%.

If Bitcoin needs more time to bottom, Bitcoin Hyper is positioned to move during the wait.

Visit the Official Bitcoin Hyper Website Here

The post Analysis Puts Bitcoin Price ‘Ultimate’ Bear Market Bottom Near $55,000 appeared first on Cryptonews.

🔗 Sumber: cryptonews.com