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15:21
Galaxy Head of Research: Probability of CLARITY Act Passing by 2026 is Downgraded Again
According to Odaily, the head of research at Galaxy posted on X stating that due to a shortened legislative schedule and increasing competition for floor time from other matters, they have further lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 votes of support, but it is currently unclear. (A certain exchange)
15:19
Four wallets sold 37,598 ETH for $1,560 each, receiving 58.69 million USDS.
According to Odaily, monitored by Onchain Lens, two more wallets sold 20,000 ETH in exchange for 31.44 million USDS; currently, a total of four wallets have sold 37,598 ETH at a price of $1,560, exchanging them for 58.69 million USDS.
15:14
"Trump Account" to officially launch on July 4, expected to inject $30-50 billion in buy-side funds into US stocks in the first year
BlockBeats news, on June 26, the US Treasury Department issued an official statement clarifying that starting from July 4, eligible American children's accounts will automatically receive a $1,000 government seed fund, and the accounts will officially go live. The "Trump Children's Investment Account" is expected to directly inject $30–50 billion in incremental funds into US stocks in its first year. Subsequently, families and employers can add up to $5,000 per account annually, and over the long term, this will continuously bring tens of billions or even more stable capital inflows, forming sustained buying support. The "Trump Account", also known as the 530A account, is an investment account plan with deferred taxation, established under authorization by President Trump on June 9, 2025, based on the "Big and Beautiful" Act. It provides government-funded savings accounts for US citizen children born between January 1, 2025 and January 1, 2029. The initial funding for the "Trump Account" mainly comes from government allocation, private donations, and family deposits. The federal government will provide $1,000 in initial capital for each account, and parents can add up to $5,000 each year; at age 18, 50% of funds can be withdrawn, at age 25, the full amount can be used for education or entrepreneurship, and at age 30, there are no usage restrictions. On the investment side, the accounts are limited to investing in low-cost funds or ETFs tracking the S&P 500 index or other broad market stock indices, and cannot be used to invest in specific industry indices or sector indices. Fund usage is also restricted; before the child becomes a legal adult on January 1 of the year they turn 18, no funds in the account may be withdrawn for any reason (unless the child passes away or the funds are transferred to another similar restricted account). The first deposit is scheduled to be accepted starting July 4, 2026 (the 250th anniversary of the US Declaration of Independence), coinciding with the eve of the 2026 midterm elections. It is expected to become a key policy "trump card" for the Republican Party in attracting voters.
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