Paul Atkins: Regardless of whether the CLARITY Act is passed or not, the SEC will establish on chain fundraising rules

Independent directors cite management’s financial risk and restructuring role, but leave questions about Gerovich’s exercised shares and MMXX Ventures unanswered.

Illinois has released a draft 0.2% digital asset tax, which covers spot trading, fiat currency exchange, and stablecoin settlement. The tax will take effect on January 1, 2027, and the deadline for public opinion is October 30.

The United States released PCE inflation data today, with economists expecting overall inflation to be 3.7%, core PCE expected to be 3.3%, and a month on month growth of 0.3%. This data will determine whether the Federal Reserve will raise interest rates again in October. If the reading reaches 0.4% to 0.5%, it will strengthen the expectation of interest rate hikes and suppress Bitcoin and high-risk altcoins. Bitcoin's price was around $84000 on Wednesday morning, putting pressure on most mainstream currencies. This data also poses a political test for US President Trump. (Source: BeInCrypto)

Traders are waiting on the Fed's favored inflation gauge after a month of oil-driven rate-hike bets that sent 30-year Treasury yields to their highest since 2002.

Coinbase Markets announced that CT-USD trading pairs will enter bidding mode, where users can submit limit orders and view indicative opening prices. The order book will remain in bidding mode for at least 10 minutes, during which no trades will be matched. Orders that can be matched after the bidding is over will be executed at the opening price.