January 15th two major events ignite the market: Can the CLARITY bill vote break the regulatory deadlock? Will BitMine's issuance plan drive up ETH?

【Crypto World】January 15th is going to be a big day in the crypto market. The U.S. Senate Banking Committee is preparing to vote on the CLARITY Act, and this is no small move. The core focus of this bill addresses the longstanding pain points troubling the market—cracking down on false trading, deceptive manipulation, and inflated trading volumes. More importantly, it mandates exchanges to provide proof of reserves, which is a hard constraint toward industry standardization. Many industry insiders believe that if this bill passes, it could mark a turning point in long-standing cryptocurrency regulation issues.

On the same day, another major event is taking place: the BitMine shareholders’ meeting. The vote concerns a stock issuance plan—expanding from 500 million shares to 50 billion shares. The numbers sound huge, but if shareholders agree, BitMine will gain significant financing capacity. Interestingly, the intended use of these funds is reportedly to buy ETH. This suggests that if the issuance is approved, BitMine could become a major buyer of ETH, providing support for ETH’s price.

These two events—one increasing regulatory certainty and the other boosting market liquidity—are both sending positive signals to the market. However, the actual outcome depends on the voting results.