The CLARITY Act enters the Senate’s final week before recess with no vote scheduled, unresolved disputes and passage odds near 30%.
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Five days, a 30% chance, and a battle over Trump’s crypto profits: Inside the Senate’s scramble to pass CLARITY Act before Friday

The CLARITY Act enters the Senate’s final week before recess with no vote scheduled, unresolved disputes and passage odds near 30%.

Aug 4
 
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Hello, Monday.

Five days, a 30% chance, and a battle over Trump’s crypto profits: The Senate’s scramble to pass the CLARITY Act before Friday has become the defining story for crypto regulation this week. With no vote scheduled, unresolved disputes, and passage odds hovering around 30%, crypto’s near-term rulebook is suddenly at risk of slipping, leaving firms, investors, and users facing another stretch where politics and legislative uncertainty matter more than clear regulatory signals.

That uncertainty lands as other indicators get harder to read. A Coldcard wallet bug pushed more than 77,000 BTC into motion, muddying bearish on-chain interpretations, while XRP continues to attract the steadiest ETF inflows among smaller crypto products, highlighting how market momentum persists even as Washington’s regulatory outlook remains in flux.


The global crypto market cap is $2.18 trillion, with a 24-hour volume of $53.43 billion. The price of Bitcoin is $63,627.07, and BTC market dominance is 58.6%. The price of Ethereum is $1,860.58, and ETH market dominance is 10.3%. The best-performing sector is DeFAI, which gained 9%. The Crypto Fear & Greed Index is currently Extreme Fear (28).


📰 Top News

Five days, a 30% chance, and a battle over Trump’s crypto profits: Inside the Senate’s scramble to pass CLARITY Act before Friday

The CLARITY Act enters the Senate’s final week before recess with no vote scheduled, unresolved disputes and passage odds near 30%.

CLARITY Act vanishes from Monday’s Senate schedule, triggering 72-hour countdown to save it before recess

An ordinary Friday vote requires a Wednesday filing, while a bipartisan petition or unanimous consent could move faster.

Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals

More than 77,000 BTC moved from older wallets as users raced to secure funds, complicating bearish readings across key on-chain indicators.


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🗞️ More News

  • XRP extends the longest active ETF inflow streak in crypto as rival funds struggle for fresh cash

  • Another crypto wallet pulls the plug tomorrow with no exact cutoff, leaving users racing to rescue tokens

  • The US just blacklisted the Iranian maritime scheme forcing commercial ships to pay Bitcoin tolls for safe passage

  • A tiny cluster of Solana bots unlocked a 3x trading advantage by routing through one proprietary protocol

  • Ten mystery investors are using 2,380 BTC to completely hijack a Nasdaq company and gut its leadership

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