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Bankless: Powell vs. Trump Is Shaking Markets & Crypto’s “Clarity Bill” Is Falling Apart?

Washington's been a hotspot for crypto chaos! The CLARITY Act, supposed to fix things, is pretty much falling apart, with banks keen to kill stablecoin yield and even Coinbase thinking it's a raw deal. On top of that, rumors are swirling about Trump's DOJ eyeing Jerome Powell, sparking big questions about the Fed's independence and sending silver on a wild ride as folks scramble for safe investments.

Meanwhile, X is hustling to become a crypto super app, NYC's mayor had a bit of a meme coin face-plant, and we've seen big moves like Tom Lee investing in MrBeast, showing just how intertwined crypto is with politics and culture right now.

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