Overview of Key Overnight Developments on January 25
21:00 (UTC+8) - 7:00 Keywords: CLARITY Act, Rick Rieder, Galaxy 1. a16z Crypto: AI adjudication mechanisms may solve the bottleneck of prediction market expansion; 2. US Senator Lummis: Trump is ready to sign the CLARITY Act; 3. The probability of Rick Rieder becoming the next Federal Reserve Chair has risen to 58%, making him the frontrunner; 4. Strive executive: The popularization of Bitcoin payments is hindered by tax policies, not scaling technology; 5. Riot Platforms Vice President of Research: Bitcoin is tax-exempt in many countries, and there is no reason for it to be taxed in the US; 6. Galaxy Head of Research: Next week will see a key hearing on crypto market structure legislation, with bipartisan lawmakers possibly proposing amendments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.
S&P 500 Recovered $1 Trillion in 90 Minutes Despite Wider Market Crash
BUZZ - Cisco shares rise after raising annual revenue forecast
Crypto prices
More
