According to @CryptoAmerica_, the anticipated discussion draft of the updated US crypto market structure bill is expected to be released this week, following a conversation with Representative French Hill and ahead of the joint Financial Services Committee and House Agriculture Committee hearing. This regulatory development may impact trading strategies as it could clarify legal frameworks around digital assets, potentially increasing institutional participation and market stability (source: @CryptoAmerica_, Twitter). Traders should closely monitor the bill's release for actionable regulatory signals and potential volatility in major cryptocurrencies.

According to Eleanor Terrett, the upcoming Financial Committee market structure hearing on Tuesday will feature high-profile witnesses including former CFTC chair Rostin Behnam, Coinbase Institutional Product VP Greg Tusar, Haun Ventures GC James Rathmell, Hiro Systems CEO Alex Miller, and former CFTC General Counsel Dan Davis. Their testimonies are expected to address regulatory frameworks and institutional trading infrastructure, which could influence crypto asset flows and compliance strategies for institutional investors. Traders should monitor this hearing as it may signal policy shifts affecting crypto market structure and trading practices (Source: Eleanor Terrett, Twitter, May 4, 2025).