The video provides a pragmatic overview of the Clarity Act's role in U.S. competitiveness, though it tends to simplify complex legislative hurdles into bullish signals for specific assets. It serves as a reminder that in the crypto space, regulatory certainty remains the ultimate catalyst for institutional adoption.
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XRP STELLAR XLM PICKED👍 BANKING PAYMENT RAILSAdded:
XRP fans, we know the boom is going to come from the Clarity Act. And I've got big news for you along with the entire bill and they're pushing back. But wait, wait, wait. Stellar fans, I've got you covered as well because they did something with Bermuda. Now, we got a mix of mostly red up on the screen because CPI data sucked earlier today.
We live streamed and we're going to be live streaming on Thursday as Clarity Act will pass. Mark up. Mark my words. I say lots of naughty things, so here's your warning. Now, there's a 62% chance of clarity passing overall because remember it has to go through the full Senate and then to the House afterwards and then to L Presidente. We were as high as well weren't cuz I actually trained today, but we were as high as 74% on those odds. Like I said, now dip back down to 62%. Trading in the crypto market has not warmed up at all at $87 billion.
So the market with CPI data very very quiet. Now in terms of inflows and outflows, we had pretty much a meh day.
12 million net outflows. Yeah, I said million. That's not that much. Now stand with crypto says this. On behalf the more than 2.9 million US advocates, voters, that's people like you and me. We're notifying senators that we will score the Senate Banking Committee's May 14th markup vote on Clarity Act. basically saying, "Look, if you say no and you're up for reelection, we're going against you."
Now, that goes one step further as it goes to the full Senate because stand with crypto and other crypto friendly super PACs out there are going to take notice of names who get in the way and they are going to blast them all over social media right before during all election season long. Yeah. All of those opportunities. For years, SWC advocates have championed market structure legislation, contacting lawmakers nearly 1.5 million times. Because market structure directly impacts their economic security and daily lives. These constituents are counting on their senators to stand with them. Now, let's do a comment. Why you the viewer matter most? Stanny71 Gaming says, "Claus, why don't the banks quit being [ __ ] obstructionist, and get on board with crypto and issue their own yield bearing stable coins and join the party instead of being party poopers? The banks just don't want to see any profit going away.
If the banks want to get into crypto, what do they have to do? They have to start building infrastructure. They have to hire things out for things that they don't have. They got to figure out custody. They got to figure out legal.
That costs money. The banks up to this point have been making lots of money and not putting in much effort. They've basically been making money screwing us all over. The reason they don't want to get into crypto is because what? It can take away from their other banking services. crypto, it's cheaper to move money. So again, taking money away from the banks. If the banks do a stable coin and yeah, they do their own stable coin, they're putting capital into all these new products and then they might even dilute their own products, which is really weird. The banks, honestly, they just don't want to lose any money. It's great, pure, and simple. Plain and simple. Now, Eleanor's got this mini scoop. Senate Majority Leader Chuck Schumer attended a Democratic member meeting yesterday where according to one attendee, he appeared engaged and eager for members to get a yes on the Clarity Act, but stressed that ethics negotiations needs to be further along before Thursday's markup. Basically saying this, Thursday's markup, we could ramrod it through. It's not going to pass the whole Senate because there's ethics concerns. On that front, members left a bipartisan meeting this morning where ethics issues were discussed, but there appeared to be no concrete direction emerging from the talks.
Discussions likely to continue later this evening. GOP and Democratic staff are expected to meet again to review amendments once all been filed. The filing deadline is 5 p.m. Eastern time.
And she says Chuck Schumer the minority leader because no, he is not the majority leader. Just throwing out there. By the way, Chuck Schumer has been seen as weak. Honestly, he couldn't keep the uh the the the Senate in line.
Just putting it out there. Just saying.
There were people at the Senate and called him weak. I'm just telling you what the news says now. Patrick Wit loves it. Why? As Elizabeth Warren's getting called out. I'm so impressed that Elizabeth Warren stayed up all night to read the 300 plus pages of the Clarity Act and deliver an objective assessment. Basically what Patrick Whittising is Warren didn't even read this. She had some canned ham pre-written [ __ ] AI intern who's an Ftard who's related to like a niece or nephew of hers or does her [ __ ] lawn or some [ __ ] like that write this stupid [ __ ] statement and she released it and what Wit is saying is hey look how can you go against something that you don't even know what it's about and I don't think freaking Elizabeth Warren or anyone on her staff is like yo chappie chi give me the summary on this [ __ ] no she basically said oh it's crypto so bad.
And then you threw garlic on her and it burned her skin in holy water. She's such a piece of crap. But you know what?
She beat the hell out of John Deon.
See, the crypto vote isn't super super strong. It's strong, but not super super strong. Not strong enough to undo the blue state. That was Massachusetts.
JTG dropping support on the channel.
JTG's got a warning for us all. Thanks, Jay, by the way. And sorry about this story. Says, "Thanks, Claus. Not bad.
I'm an idiot. I'm sick. I got a message off of X a month ago. This guy was so good, he must have been following the channel for a while. I took the bait and started copy trading on Arch OTC. Now I can't get my money out. I was able to withdraw a small amount in the beginning and thought it was legit. I effed up bad. Please warn the viewers, Jay. I just don't want anyone else to get wrecked. I'm not going to solicit you for trading stuff. I am not going to reach out to you and be like, "Oh, you want to get into this scheme?" No. I give you the news, good, bad, happy, or sad. So Jay, I'm super sorry that this happened to you. Everyone, please be careful because scammers are super good.
I've got it pinned on my ex as well.
Look out for scammers. Now, Senator Dave McCormack says this Thursday, the Senate Banking Committee and I will vote on the Clarity Act. We're voting on a bill that protects consumers, gives digital asset innovators certainty, and keeps the future of crypto in America, not offshore. Let's get it done. So, what they're also playing the angle on is this. Not only is crypto good, but it's also good for the US economy. And would you really want the US economy to lose a piece of a pie during election season?
Because that would look really shitty if inflation keeps going up and people need jobs and your senators out there voted against something that could have some high-tech crypto jobs. We've seen recently banks putting in a whole bunch of job position application. Stellar is doing that. Yeah, they're doing a whole bunch of job things. Look, you go onto their main page, product manager, 155,000 to a quarter million a year.
Senior project manager, 130,000, 180,000 a year. They're hiring for decent wage jobs out there and they're saying, "Hey, look, do you really want your votes to go away? Do we want the jobs to go away?" And by the way, another thing with Stellar coming up here shortly. So, Senator Dave McCormack says they want to protect consumers. It gives digital asset innovators certainty and keeps the future of crypto in America not offshore. You all want to listen to what this man has to say. Of course you do.
Why? Well, because you, the viewer, matter most, and you want to hear what this guy has to say.
>> With regard to the Clarity Act, listen, I think we're I think we're on the verge of uh of an agreement here. And uh I think this is going to be very necessary to ensure consumer protections, to ensure certainty for an industry that's burgeoning. We want to make sure it happens here in America, not offshore.
And uh there's been great leadership by a number of uh of my Senate colleagues uh Senator Hagerty, Senator Lumis, Senator Mareno, who I know you have next. Uh that leadership, I think, has put us in a place where we can hopefully have an agreement here shortly. And that Senator Moreno that he mentioned was Bernie Moreno who won his election because he had a massive amount of support from crypto super PACs. I'm telling you, crypto is big, but it's not crazy big. Like I said, not big enough to undo states like Massachusetts that voted for Lizzy Warren. Now, I know you want the stellar XLM news, but also the 309 page draft of the Clarity Act is linked in the description below if you want to read it. Thank you, Eleanor Tourett. Her information is linked there as well. Uh, quick comment. Nells Powell says, "Will you please find a way to ship to your Canadian listeners? Also, we drink out of coffee, out of cups also." Okay, a little wordy, but I get what you're saying. Done. I will find a way to try to get the ship to as many people as possible. I have two different mugs coming. Coffee, tea, drink mugs coming. One familyfriendly, office friendly. The other one is a choo choo [ __ ] one. I made sure to get everyone covered and to give you crypto exposure without looking douchy or cringe. I got your backs everyone. Now today, Stellar announced this link down below. Today the Stellar Development Foundation and the government of Bermuda announced that the Bermuda Triangle will be moving. No, no, no. announced that Bermuda will begin moving key payment and financial services activity onchain onto the stellar network. If you want to read more about this, you can wherever everyone in the description down below.
This announcement builds on the regulatory foundation Bermuda established with the digital asset business act of 2018, one of the world's earliest comprehensive digital asset regimes. Local merchants pay 3.5% per transaction in card fees. Basically saying Stellar can help them save a lot of money. Now, did this help out stellar XLM uh fans price-wise? Ah, [ __ ] no. No.
It's CPI data sucks right now. We talked about it earlier today. CPI data is just really bad. Oil prices are up. You all know that, right? We Energy play is still strong. Inflation is still up there. So, it's going to be kind of hard getting around that, right? Energy players right here. Look at that. Most of them in the green. So stellar no did not move on that and their volume did not move as well down 22% to $138 million. Now the boom for XRP comes from what? Not this sideways action we've had over three months comes from passage of the clarity act. I don't know if we're going to even get a pump with the subcommittee move. There might be a little pumpon like lowercase P the most lowest lowest of lowercase P's. Maybe it's even a [ __ ] small font right like a smaller font than the rest of the umperoni. Right? because it'd be like a lowercase P plus lower F. You get what I'm [ __ ] saying? I'm drawing you a picture, listeners. I'm helping you out.
We might get a little something like that, but the reality is is most players are saying, "Yo, do we have enough votes to get it through the Senate?" And right now they're saying, "What?" They're saying, "We have ethics concerns. We need to get more information done because Schumer is like, "Look, you don't have the votes to pass it. We're not going to go with something that's weak on ethics. We want to make it so that people in Congress, people in the White House cannot participate in crypto. And that means the Trump family.
Will Trump family give up on that? I don't know. The bank sure as hell won.
We're going to find out if we ain't win anything or if we are what? Being Eiffel Towered between the banks and the exchanges.
Not too pleasurable, is it? If you're in the center of the Eiffel Tower, rather be on the outsides. See what I did?
Naughty there. Told you there's a warning in the beginning. And I know you can't see it, but I'm going to show you now. I got new rims and they're carbon.
They're super lightweight and they're super loud and they're going to go on my new Evo road bike and no more singing.
But you get my point with the whole Clarity Act subcommittee thing, right?
We could get it through subcommittee.
That is total easy, simple majority. You just need one more Republican to vote yes than no, or one more person in general to vote yes than no in that subcommittee. That's easy. Republicans have the majority. They can ram round that through. Once you get to the Senate, though, that's where you need those seven Democratic votes that we've been talking about the last several months. See, I've kept y'all up to date with this, haven't I? Oh, yes, I have.
And didn't I tell you months ago that ethics concern were going to be a concern? Yes, I have. In fact, I did it so much that I what? Did whiteboard drawings for y'all? I've been talking about this for months and it's rearing its ugly head right now. Not because I'm some magic [ __ ] wizard or some [ __ ] like that. because I'm paying attention to this stuff. I'm digging through all the news, the real [ __ ] good, bad, happy, or sad, and finding you the hot, spicy, naughty, and relevant stuff that freaking matters. That's the value proposition. Anyone watching the channel right now know [ __ ] I told you ethics would be a concern. And here's Schumer at the last minute saying, "Ethics is a concern. You don't have the votes to get it through the full Senate." I don't want to say I didn't I told you so because like I [ __ ] want to be wrong on this but come on I told you months and months ago that we had this problem that yeah when the Senate a committee we watched that live. See what I'm saying? I'm telling you I know what to cover. We watched that live and they said hey look we're going to pass this but we don't have the strength for the full Senate with ethics. The Senate a committee said that I shared that with you and guess what this Thursday I get to share with you clarity act. So, make sure you hit the notification bell and subscribe so you don't miss out. It is gonna be Thursday 1000 a.m. Eastern time. Be there or be square. Choo choo. What? I'm the dude with the sign and now the dude with carbon wheels and the guy with the sign that says what, girlfriend? Well, are you going to do it? Are you going to flash? The [ __ ] wrong with you? I call you out and all of a sudden, oh, there you now you turn on assag. Now you're turning on a lot. Choo choo. What? You know the deal. Lemon pill shoot your [ __ ]
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