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Bitcoin At $58K Despite JPMorgan & White House Backing Clarity
Bitcoin has just 4 weeks of Senate floor time before August recess to pass the Clarity Act — the bill that could unlock billions in sidelined institutional capital — and the political clock just got brutal. Trump is refusing to sign the housing bill (which carries the four-year CBDC ban) unless lawmakers approve a voter-ID bill, threatening the entire legislative track, while JPMorgan officially endorsed the Clarity Act today but loaded it with stablecoin restrictions designed to protect their deposit business. But the bull signals are stacking: DTCC's NSCC just went 24x5 (Wall Street…
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