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14.05.2026 09:37 AM
CLARITY Act: major crypto players expect good news

Today, the Senate Banking Committee will vote on the CLARITY Act, and the industry, apparently, decided not to wait silently. Ahead of the vote, leaders of the largest digital asset firms issued mass public support for the bill, which could radically reshape the regulatory landscape for cryptocurrencies in the US.

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The tone was set by Coinbase CEO Brian Armstrong, who said CLARITY is closer to passage than ever, and that it would help the US retain leadership in the next-generation financial system. Ripple CEO Brad Garlinghouse emphasized a different point: the crypto market has long needed clear rules and investor protection, and without legal certainty US firms lose out to competitors in other jurisdictions. The CEO of Strategy voiced support too, adding a practical dimension: according to him, digital assets can expand access to financial services, accelerate settlements, and lower costs—including for ordinary households and small businesses.

Particular attention deserves the position of Aave founder Stani Kulechov, who framed CLARITY from the perspective of DeFi developers. He said the bill could be the key step that makes building decentralized finance projects in the US not only possible but also predictable. This is not just corporate rhetoric — regulatory uncertainty has already forced many projects to relocate to more permissive jurisdictions such as Singapore, the UAE and Switzerland.

Statements from industry figures also drew a parallel with the GENIUS law. Bitwise's CIO pointed out that GENIUS helped unlock crypto fundraising and gave an impetus to the stablecoin market—and now CLARITY could do the same for asset tokenization. Fidelity, one of the largest traditional financial players, also joined the chorus, stating the bill would benefit American investors and strengthen the US position in the global race for digital assets.

All this suggests the market has long awaited new rules, and today's Senate vote will show how ready Washington is to provide them.

Trading recommendations:

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Regarding Bitcoin's technical picture, buyers are currently targeting a return to $80,100, which opens a direct route to $81,700, and from there to $83,600. The most distant target is the high near $85,600, breaching which would signal attempts to return to a bull market. In case of a decline, I expect buyers at $78,200. A drop below that area could quickly push BTC toward $76,300. The furthest target there would be around $74,700.

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Regarding Ethereum's technical picture, a clear consolidation above $2,316 opens a direct route to $2,373. The most distant target is the high near $2,446, breaching which would indicate strengthening bullish sentiment and a return of buyer interest. In case of a decline, I expect buyers at $2,244. A return of the instrument below that area could quickly send ETH toward $2,181. The furthest target there would be around $2,114.

What we see on the chart:

- Red lines indicate support and resistance levels where either a price slowdown or active growth is expected;

- Green lines indicate the 50-day moving average;

- Blue lines indicate the 100-day moving average;

- Light green lines indicate the 200-day moving average.

A crossover, or a price test of moving averages, typically either halts the move or sparks fresh market momentum.

Jakub Novak,
Analytical expert of InstaTrade
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