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CLARITY Act Failure Could Send Crypto Valuations Lower: Bernstein
CLARITY Act Failure Could Send Crypto Valuations Lower: Bernstein
Authored by Zoltan Vardai via CoinTelegraph.com,
The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another leg down for cryptocurrency valuations, according to wealth manager Bernstein.
Bernstein said that the Senate’s failure to pass the legislation could trigger an immediate negative “industry knee-jerk reaction,” which may result in another leg down for Bitcoin and the broader crypto market.
“From a tactical standpoint, we...
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Aug 3, 2026 / Tyler Durden
Coldcard Losses Near $114M As Small Bitcoin Transfers Spike
Coldcard Losses Near $114M As Small Bitcoin Transfers Spike
Via Decrypt.co,
Small Bitcoin holders moved coins on July 31 at a rate not seen since the collapse of FTX, according to CryptoQuant, as news spread that Coldcard hardware wallets had been generating guessable keys for five years.
Transfers of less than 1 BTC totaled 39,600 BTC (around $2.5 billion) that day, the firm's Head of Research Julio Moreno tweeted. The last comparable figure was 39,900 BTC on November 16, 2022, days after FTX failed. Daily active addresses rose from 645,000 on July 30 to almost a million...
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Jun 11, 2026 / Tyler Durden
Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News
Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News
Whether consumers are ordering from Uber Eats or DoorDash, delivery costs before tips now average roughly $8 to $10 per order. Add in the tip, and the basic meal for one at Chipotle, such as a burrito bowl, moves into unaffordable territory for many working-class folks. The result is that food delivery, once pitched as a mass-market convenience, is increasingly looking like a discretionary luxury.
Barclays internet equity analyst Ross Sandler penned a note on Wednesday titled "Autonomous...
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May 19, 2026 / Tyler Durden
Mamdani Touts First City-Owned Grocery Store
Mamdani Touts First City-Owned Grocery Store
Authored by Chris Wade via The Center Square,
New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge.
The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...
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