US crypto market bill is likely to be delayed by at least several weeks as key lawmakers shift their focus to potential housing legislation in support of President Trump’s affordability push, Bloomberg reports citing sources
Newsquawk Staff ·
US crypto market bill is likely to be delayed by at least several weeks as key lawmakers shift their focus to potential housing legislation in support of President Trump’s affordability push, Bloomberg reports citing sources.
What it means
The potential delay in the US crypto market bill indicates that lawmakers are prioritizing housing legislation over cryptocurrency regulation. This shift could prolong uncertainty in the crypto space, impacting market sentiment and potentially leading to volatility in related assets and currencies as stakeholders await clarity. It may also reflect a broader strategy by the administration that could influence risk-taking behavior across financial markets.
Sources
- US Midterms Cheat Sheet for Traders
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus
Related headlines
- Sources close to the White House report a divisiveness in the Trump administration's approach to Iran, reports ILNA5 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-165 days ago
- Eight tankers carrying 300,800 tonnes of Russian diesel are being monitored on potential voyages to the US, with seven declaring the US as their destination and arrivals expected from November 7th, according to Ukrainian sources cited by an RFE journalist5 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 5 days ago
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)5 days ago
- Newsquawk Daily Economic Releases - 4th November 20265 days ago
- US and Venezuela discuss fresh aluminium cargo amid trade revival, reports Bloomberg5 days ago
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)5 days ago
- Meta (META) launches USD 15bln 5-parter: 5yr, 7yr, 10yr, 20yr, 30yr5 days ago
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)5 days ago
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)5 days ago
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)5 days ago
- Crypto Exchange Gemini launches hourly and daily prediction contracts with fixed resolution times for Zcash and Hyperliquid; contracts pay USD 1 for the correct outcome, with maximum loss limited to the purchase price5 days ago
- Binance says roughly USD 2.85bln in digital assets have been frozen or intercepted5 days ago
- Block Inc. (XYZ) Q3 2026 (USD): Adj. EPS 1.13 (exp. 1.03), Revenue 6.72bln (exp. 6.58bln)5 days ago