Lummis: If CLARITY Act is Delayed, IMX Will Suffer

IMX

IMX/USDT

$0.1445
-0.07%
24h Volume

$9,203,995.89

24h H/L

$0.1543 / $0.1437

Change: $0.0106 (7.38%)

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
IMX
IMX
Daily

$0.1445

-3.09%

Volume (24h): -

Resistance Levels
Resistance 3$0.1560
Resistance 2$0.1507
Resistance 1$0.1452
Price$0.1445
Support 1$0.1417
Support 2$0.1347
Support 3$0.1290
Pivot (PP):$0.146267
Trend:Downtrend
RSI (14):48.0
(01:15 PM UTC)
2 min read

Contents

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Senator Lummis' Urgent Warning on CLARITY Act

US Senator Cynthia Lummis stated that the CLARITY Act, which provides clearer regulatory oversight for the crypto industry, needs to be passed soon, otherwise the industry's progress will be delayed by nearly four years, until 2030. Lummis emphasized in a Friday X post, “This is the end of our chance to pass the CLARITY Act until at least 2030,” stressing that they should not risk the US's financial future. Industry participants believe the bill's chances this year have diminished due to concerns that November midterm elections could shift Congress's priorities.


Source: Chad Steingraber

Sector Leaders and IMX Supporters

Former White House AI and crypto official David Sacks also expressed similar views on Thursday, advocating that the Senate Banking Committee approve the market structure bill and President Trump sign it. Among sector representatives, a16z Crypto partner Chris Dixon, Immutable founder Robbie Ferguson—critical for IMX detailed analysis of the Web3 gaming company, Coinbase CEO Brian Armstrong, legal director Paul Grewal, and SEC Chairman Paul Atkins also support the bill. Dixon said consumers and entrepreneurs will win, while Ferguson expects growth in the IMX-based gaming sector. Coinbase reported that stablecoin yield disputes are affecting the talks.

IMX Technical Outlook and Price Analysis

IMX is attracting attention in the IMX futures market, with its current price at 0.18 USD. 24-hour change +%0.11, RSI 63.55 giving uptrend signal but Supertrend bearish. EMA 20: 0.1596.

  • Supports: S1 0.1719 (73/100 ⭐ Strong), S2 0.1603 (62/100 ⭐ Strong)
  • Resistances: R1 0.1981 (65/100 ⭐ Strong), R2 0.1829 (64/100 ⭐ Strong)

CLARITY Act uncertainty could affect projects like IMX; strong supports offer buying opportunities.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

MR

Michael Roberts

COINOTAG author

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