There's something to pay attention to — the U.S. Senate Banking Committee will vote on the CLARITY Act on January 15th, and this thing could directly reshape the way the cryptocurrency market operates.
What is this bill about? Essentially, it aims to establish order in crypto trading. The core provisions include banning false trading and wash trading, criminalizing deceptive trading and front-running, equipping regulators with real-time monitoring tools, and requiring U.S. exchanges to periodically prove their capital reserves and undergo audits.
Why is this so critical? It goes back to that crazy day on October 10th last year. On that day, the crypto market experienced over $100 billion in liquidations, with Bitcoin and altcoins plunging together. But strangely, no one could clearly explain what happened afterward, nor which major institutions were affected. At that time, there was zero transparency and zero accountability — that’s the core issue.
Since then, the crypto market’s performance has become very bizarre. Other asset classes hit new highs, but what about cryptocurrencies? Good news causes crashes, bad news causes outright dives. This is simply not the healthy market behavior it should have.
If the CLARITY Act passes, the situation will be completely different. Large-scale liquidations will no longer be able to happen covertly, market manipulation can be traced, and exchanges won’t be able to hide fake trading volumes or systemic risks.
There’s also a potential chain reaction: currently, institutional investors mainly hold Bitcoin, avoiding other tokens due to regulatory uncertainty. Once the rules are established, these institutions will gradually allocate to other crypto assets, potentially bringing in a flood of new liquidity.
So the voting date on January 15th is quite interesting — it could directly influence the future direction of the entire market ecosystem.
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FloorPriceWatcher
· 11h ago
The $100 billion liquidation was really outrageous. Now they are only just starting to vote on regulations—better late than never.
This way, trading profits will be honest, and fake trading volumes won't work anymore.
Wait, if this really passes, can altcoins make a comeback? Will institutions enter the market?
Is regulation a good thing or a bad thing? I'm worried about liquidity being cut again.
On the day of the vote on the 15th, everyone should pay close attention—this might be a turning point.
Clear rules are actually a positive, at least no more black-box operations.
The entire market is like an unmanaged vegetable market; finally, someone wants to clean it up.
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UnluckyValidator
· 01-08 14:52
Wait, are we really going to vote on January 15th? If it really passes, our group of retail investors will have to be more cautious.
Now the exchanges can no longer hide their manipulations; finally, someone is going to put a stop to their tricks.
I felt something was off during the October wave, especially strange... Now hearing the explanation, I feel more at ease.
Transparency has improved, so institutions are willing to enter the market. When that happens, it will be our turn to benefit, right?
By the way, can this bill really pass? It seems like these people are saying everything but the truth.
This is the real positive news, much more reliable than some big V's pump signals.
Institutions only trade Bitcoin because other coins are too chaotic... turns out regulation and cleanup are still necessary.
I'm a bit looking forward to the January 15th vote. Will it really change the game?
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OnchainDetectiveBing
· 01-08 14:45
That liquidation in October was really outrageous. I still feel scared when I think about it. I hope this bill can really pass.
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TokenCreatorOP
· 01-08 14:41
Well... transparency should have been addressed long ago. The liquidation wave in October was a real mess.
View OriginalReply0
WhaleInTraining
· 01-08 14:37
Voting on January 15th? This is a critical moment, and now the exchanges won't be able to hide anymore.
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Really? If this bill passes, those trading profits that rely on black-box operations will be crying.
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That day in October last year, I was also stunned. I still haven't figured out what exactly happened... That's the core issue.
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Agreed. Now it feels like the crypto market is going against the trend—good news is actually causing a crash? This messed-up market structure needs to be changed.
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If CLARITY really passes, institutions will dare to allocate to altcoins. Who dares to touch them now? Lack of clear regulation is a trap.
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After all this gossip, are we finally going to see some substantial changes?
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Honestly, transparency and accountability are severely lacking in the crypto market. It’s time for a major cleanup.
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When those fake trading volumes are exposed, some exchanges will be completely embarrassed haha.
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Whether liquidity can flow in after January 15th still depends, but having clear rules is definitely better than the current shady situation.
There's something to pay attention to — the U.S. Senate Banking Committee will vote on the CLARITY Act on January 15th, and this thing could directly reshape the way the cryptocurrency market operates.
What is this bill about? Essentially, it aims to establish order in crypto trading. The core provisions include banning false trading and wash trading, criminalizing deceptive trading and front-running, equipping regulators with real-time monitoring tools, and requiring U.S. exchanges to periodically prove their capital reserves and undergo audits.
Why is this so critical? It goes back to that crazy day on October 10th last year. On that day, the crypto market experienced over $100 billion in liquidations, with Bitcoin and altcoins plunging together. But strangely, no one could clearly explain what happened afterward, nor which major institutions were affected. At that time, there was zero transparency and zero accountability — that’s the core issue.
Since then, the crypto market’s performance has become very bizarre. Other asset classes hit new highs, but what about cryptocurrencies? Good news causes crashes, bad news causes outright dives. This is simply not the healthy market behavior it should have.
If the CLARITY Act passes, the situation will be completely different. Large-scale liquidations will no longer be able to happen covertly, market manipulation can be traced, and exchanges won’t be able to hide fake trading volumes or systemic risks.
There’s also a potential chain reaction: currently, institutional investors mainly hold Bitcoin, avoiding other tokens due to regulatory uncertainty. Once the rules are established, these institutions will gradually allocate to other crypto assets, potentially bringing in a flood of new liquidity.
So the voting date on January 15th is quite interesting — it could directly influence the future direction of the entire market ecosystem.