CLARITY Act Failure Hands Coinbase a Stablecoin Reward Edge, Bitwise CIO Says

Crypto did not flinch after the U.S. Senate killed the CLARITY Act. Bitcoin climbed roughly 8% in two weeks. Ether added about 7%. NEAR surged close to 104%, and Uniswap jumped nearly 49%. Bitwise Chief Investment Officer Matt Hougan says that move was no accident. In a Sept. 30 client memo titled “Why Crypto Rallied