GENIUS ✅ Clarity ✅ Anti CBDC⌛️
 | US just signaled green lights for crypto. The Genius Act and Clarity Act just passed & there’s one more on deck; the anti CBDC bill. Huge for crypto’s long term narrative. Expect capital to flow back in. Institutions love clarity. Builders love legal safety. Users love freedom + this is the setup we needed. CPI came in at 2.7% (higher than expected) but PPI came in lower than expected at 2.3% IIRC. CPI lagging behind PPI means fed could lower rates towards EOY if PPI continues to hold lower. It’s not this black & white however, but the ingredients are lining up for a potential EPY blow off top with two rate cuts anticipated later this year. Don’t fade the regulatory tailwinds. GL [link] [comments] |
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