Founder of SkyBridge Capital Claims CLARITY Bill Stalled, Binance Seeks to Recover Frozen Assets

The founder of SkyBridge Capital stated that the stalling of the CLARITY bill may be related to Trump's meme coin business. The collective liquidation of hedge funds is considered one of the main reasons for the accelerated market crash. During yesterday's massive drop, Hyperliquid's "priority fee" reached an all-time high. Tech investor Jason indicated that a bottom has emerged and is preparing to buy the dip. Binance submitted a governance proposal for Arbitrum, seeking to recover 8,426 ETH and 74.56 million ARB that were frozen. The newly elected governor of Texas stated that he could collaborate with Musk but needs to halt the construction of data centers first. Ansem is paying attention to ZEC's performance amid the market's deep correction, believing that the narrative of privacy is becoming increasingly important. Bloomberg pointed out that the Binance hacking incident has prompted reflection within the crypto industry, which may reintroduce Wall Street risk control mechanisms such as trading delays. Ignas noted that Polymarket's trading volume has stagnated and active wallets have declined, making the shift to contract trading unsurprising. Keel Infrastructure sold 2,520 bitcoins in the third quarter, cashing out $192 million. The CLARITY bill may be shelved until 2028, as the Democratic victory in the U.S. Congress has put the crypto industry in a passive position.

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