Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings

Rob Nichols, President and CEO of the American Bankers Association, stated that the CLARITY Act contains many positive elements. （CoinDesk）

Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.

US Senator Tom Tillis plans to push for a vote on the Clarity Act next week and insists on setting ethical standards before the vote, while hoping to persuade Democrats to show sincerity. （Bitcoin Archive）

[Coinbase Announces Support for GRVT Token] Coinbase has announced support for Grvt (GRVT). Users can now generate GRVT deposit addresses on the Coinbase website, app, and Coinbase Exchange. Official deposits can only be made after the asset issuer unlocks transfers.

According to Bloomberg data, Bank of America customers have been buying US stocks for four consecutive weeks, and institutional investors have recorded their largest weekly net buying since December 2020. Retail investors bought, while hedge funds sold net for the third consecutive week. The technology, finance, and industrial sectors have the strongest inflow of funds, while the communication services, energy, and materials sectors have the weakest performance.