✍ What Happened In Crypto 17/01/26 ✍ 🏛 CLARITY Act Drama Rocks Markets - White House backing for the Digital Asset Market CLARITY Act reportedly weakening - Bitcoin and major altcoins dipped as regulatory uncertainty spreads - Bill aims to separate SEC and CFTC jurisdiction over digital assets - Coinbase CEO Brian Armstrong denied rumors of administration abandoning the bill 💎 Ethereum Holds Steady Despite Pullback - ETH prices cooled after early January gains but avoided major selloff - On-chain activity remains strong with consistent transactions and active addresses - Institutional flows into Ethereum funds continue showing patience over panic - Network fundamentals stay solid despite price consolidation 🔄 Polygon Labs Restructures for Payments Push - Company cuts approximately 30% of workforce amid strategic pivot - Focus shifts to payments and stablecoins with "Open Money Stack" development - Restructuring follows $250M acquisition spree for Coinme and Sequence - Job cuts attributed to overlapping roles from new team integrations To Learn More 👇 🔗 https://t.co/mZF1TBV7KN
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