US Senate has 4 days to save CLARITY Act as odds fall to 30% – Galaxy Digital says

Galaxy Digital said the Senate has four working days to save the CLARITY Act, as it cut passage odds to 30%.  In a July 24 note to clients, the crypto investment firm lowered its estimate for CLARITY Act chances this year from 50%, saying lawmakers need a deal by July 30 to leave enough time for floor proceedings before the August recess.  Alex Thorn, Galaxy Digitals head of research, said:  “[CLARITY Act] is a strong bill that improves regulation, protects investors, promotes innovation, grows USA the time for incremental negotiations is over. we need a last-ditch effort.”  The warning came just two days after US Senate Republicans released an updated 616-page combined version of the crypto market-structure bill following months of negotiations.  The new text merges measures approved by the Senate Banking and Agriculture committees while adding government ethics restrictions, law-enforcement provisions and changes to the GENIUS Act.  CLARITY Act updated draft fails to unlock Democratic votes  The combined bill includes several concessions aimed at resolving disputes that had stalled negotiations for months.  Its most politically sensitive addition is a new ethics package barring senior federal officials, including the president, vice president, members of Congress and federal judges, from issuing or sponsoring cryptocurrencies while in office.  The legislation also

07-25Industry

Crypto Advocates Contact Congress 1 Million Times as CLARITY Act Pressure Builds

Key TakeawaysStand With Crypto reiterated that advocates have contacted Congress nearly 1 million times.Fidelity, Goldman Sachs, and the Fraternal Order of Police have backed Senate action.No floor vote has been scheduled, while seven Senate Democrats oppose the latest draft.  Grassroots Network Renews Pressure on Congress  Stand With Crypto, a U.S. crypto advocacy organization that says it has around 3 million registered advocates, reiterated that supporters have contacted Congress nearly 1 million times as it renewed its campaign for passage of the CLARITY Act.  The group is highlighting the outreach to underscore sustained public engagement with digital asset policy as lawmakers face a narrowing legislative calendar. Its 2025 report said advocates sent more than 925,000 emails to Congress that year and more than 1.1 million since the organizations founding.  The CLARITY Act would create a federal regulatory framework for digital assets and clarify when the Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission (CFTC) oversees a cryptocurrency or market intermediary. Its provisions could affect exchange registration, asset listings, customer disclosures, and enforcement involving fraud or manipulation.  About Stand With Crypto. Source: Stand With CryptoCLARITY Act Gains New Support This Week  The CLARITY Act gained support this week from major financial institutions and the nations largest

07-25Industry

Bitcoin ETF weekly trading volume falls to lowest since October 2024 as ether funds lead inflows again

Quick TakeU.S. spot bitcoin ETFs recorded about $8.05 billion in trading volume during the five sessions ending Friday, their lowest total for a full trading week since October 2024.The funds drew just $33.8 million in net inflows after nearly $500 million of inflows through Wednesday were largely erased over the final two sessions.Spot ether ETFs attracted $103.9 million, more than three times the bitcoin funds total, and outperformed them for a second consecutive week.Ether funds have drawn nearly as much capital as bitcoin ETFs over the past three weeks despite holding about one-eighth as much in net assets.  U.S. spot bitcoin exchange-traded funds recorded their lowest trading volume for a full five-session week since October 2024, while ether ETFs continued to outperform their larger counterparts in attracting new capital.  Spot bitcoin ETF trading volume totaled roughly $8.05 billion during the week ending Friday, down 14% from $9.37 billion in the preceding period, according to The Blocks analysis of SoSoValue data.  The funds last posted lower weekly volume in April 2025, though that period contained only four trading sessions because U.S. markets were closed for Good Friday. Among full five-session weeks, the latest figure was the lowest since the week ending Oct. 11, 2024.  The

07-25Industry

The exchanges bought the bookies. Now comes the data war

The New York Stock Exchanges parent just completed a $2 billion bet on Polymarket. Kalshi raised a billion at $22 billion while generating fee revenue most exchanges would envy. Seven bills in Congress want the whole category banned. Wall Street is not gambling on prediction markets; it is buying the probability layer of the financial system, and the difference explains everything.  SummaryIntercontinental Exchange, parent of the NYSE, completed a $2 billion commitment to Polymarket in March, $1 billion in October plus a fresh $600 million, with the platform now discussing new funding near a $15 billion valuation.Kalshi raised more than $1 billion this spring at a $22 billion valuation, roughly doubling in months, on volumes that reached $31.5 billion in June against Polymarkets $10.8 billion, with fee revenue estimates running from $850 million to $1.5 billion annualized.The tell is the deal structure: ICE bought global distribution rights to Polymarkets event data and launched institutional probability feeds within months, chairman Jeffrey Sprecher framing the stake as a new layer of financial intelligence, not a venture flyer.The consolidation is visible everywhere: the rival CEOs jointly backed a $35 million VC fund for the sector, Kalshi struck institutional distribution through Tradeweb, Robinhoods event contracts

07-25Industry

Top 3 US Stock Market Stories From This Week

US stocks fell this week as investors reacted to disappointing Big Tech earnings, oil above $100 and sharp swings in semiconductor shares.  The Nasdaq lost around 2% between July 19 and July 25. The S&P 500 fell 0.6%, while the Dow dropped 0.4%. Technology stocks faced the heaviest pressure.  Here are the three biggest US stock market stories retail traders need to know.  Big Techs AI Bill Shakes Wall Street  Tesla and Alphabet triggered a broad technology sell-off after their earnings reports raised concerns about the cost of AI investment.  Tesla shares fell 14.5% after the company reported negative free cash flow for the first time in more than two years. Investors also remained concerned about weaker vehicle demand and the cost of funding new products.  Alphabet dropped 7% after raising its expected 2026 capital spending to around $200 billion. The company reported strong cloud growth, but the higher spending forecast overshadowed those gains.  Tesla Stock Price Chart. Source: Yahoo Finance  As a result, the Nasdaq fell more than 2% on Thursday. The sell-off also increased pressure on Microsoft, Amazon and Meta ahead of their earnings.  The market has rewarded companies that spend heavily on AI. However, investors now want clearer evidence that this spending will produce stronger profits.  $100

07-25Industry

The Harsh Reality of New Crypto: Just 7% of Major Tokens Beat Their Launch Price

Almost every high-value cryptocurrency launched since 2024 is now worth less than it was at launch, according to analytics firm CryptoRank.  The firm tracked 113 coins since their token generation event (TGE) price, with only 8 of them now above that price, a median return of -95.7%.  The sample is limited to projects with a market capitalization above $100 million as of July 21, CryptoRank told CryptoPotato.  CryptoRank Study: Eight Exceptions to the Rule  Eight coins included in the survey are in profit, led by HYPE, ONDO, EVA, and NIGHT.  Hyperliquid‘s HYPE was up 1,519% from its launch price at the time of the survey’s publication on July 21st. Ondo Finances ONDO followed at 101.4%, with EverValue Coin (EVA) and Midnight Network (NIGHT) up a more modest 20.3% and 16.5% respectively.  These figures are revealing, as we can see that even among those that are up, only a small handful showed outsized performance, with six of the eight achieving double-digit increases at best. Its worth noting that HYPE was also listed in the new S&P Pantera Digital Asset Index, which excluded many high-performing crypto assets, including Bitcoin.  Why the Decline?  CryptoRank states that sell-offs, thin liquidity, and regulatory uncertainty were the main causes of major drawdowns in these

07-25Industry

Why Coin98s Wallet Health Checker Might Be The Feature Every Crypto Holder Is Missing

Ive lost track of how many people I know who obsessively check their portfolio value every single day on Coin98 and have never once checked whether their wallet itself is actually safe.   That gap is exactly what pushed me to dig into Coin98‘s Wallet Health feature, and after going through it myself, I think it’s solving a problem most wallets have quietly ignored for years.  A Decade Of Growth Behind The Feature  Before getting into what Wallet Health actually does, I think its worth understanding the scale of the platform building it. Coin98 has grown to more than 10 million users across over 170 countries, a footprint that includes over 1 million Android downloads, more than 90,000 Chrome extension users, and over 4,000 App Store ratings in Vietnam alone. Those numbers measure different things, but together they paint a picture of genuinely global distribution rather than concentrated growth in a single region  What I find more telling than the raw user count is the trajectory. Coin98 went from 200,000-plus users in 2021, to supporting more than 40 chains by 2022, to over 8 million users by 2023, to more than 130 networks by 2024. In 2026, that growth has turned into something broader:

07-25Industry

XRP Price Prediction Eyes $20 but Smart Wallets Are Loading 150x Entries First, Pepetos Binance Listing Trigger Approaches as the CLARITY Act Vote Lands This Week

This is a press release sponsored content. BlockchainReporter did not write, edit, or verify this content.  Most people tracking the XRP price prediction are watching the wrong number. XRP traded at $0.006 in early 2017 and reached $3.84 by January 2018, a run that turned small wallets into retirement accounts inside nine months. That story is market history now, but the conditions that created it are not as rare as people think.  While Ripple secures full MiCA approval across 30 European countries and XRP breaks out of a symmetrical triangle with a 5% daily surge, Pepeto at $0.0000001884 is building the return distance that XRPs $70 billion market cap makes impossible from here.  XRP Price Prediction Strengthens After MiCA Approval and Triangle Breakout  Ripple secured full MiCA regulatory approval across 30 European countries, per FX Leaders. XRP broke out of a month-long symmetrical triangle on July 21 with a 5% daily surge, and the CLARITY Act faces its Senate vote on July 23.  Spot XRP ETFs have pulled in $1.48 billion since November 2025, per The Crypto Times. But from $1.13, even the most aggressive forecasts measure returns in single-digit multiples across years, and that is exactly why capital looking for real speed keeps landing

07-25Industry

Shiba Inu Netflow Exits Bullish Zone With 69 Billion SHIB but Price Says Otherwise

Shiba Inu price explodesSHIB reclaims $0.000004566 despite bearish netflow  Shiba Inu has recently flipped negative and its key exchange activity shows that demand is on pause and traders are increasingly selling again.  Latest onchain data from crypto analytics platform CryptoQuant shows that the Shiba Inu exchange activity has retreated from its recent bullish position, flashing negative signals.  Shiba Inu price explodes  The data shows the Shiba Inu exchange netflow has increased to over 69 billion SHIB as the amount of SHIB currently available for sale across all supported exchanges has surged substantially.  Risk of XRP Losing $1 Just Spiked Up, Will Zcash (ZEC) Retain $500? Hyperliquids (HYPE) $70 Bounce Is Possible: Crypto Market Review  Coinbase‘s Armstrong Reacts to Nvidia CEO’s Very First Tweet  With the SHIB exchange flow sitting at a net balance of 69,237,400,000 SHIB, it implies that the amount of SHIB tokens being sent to exchanges for sale over the last day is substantially higher than the amount of tokens removed from the exchanges for buying purposes.  SHIB reclaims $0.000004566 despite bearish netflow  Despite the bearish trend in the Shiba Inu exchange activity, Shiba Inu has taken an unexpected turn with an explosive price move that has seen its price reclaim a previous high.  Unlike previous market situations

07-25Industry

Report: Kalshi Accuses Netflix of Defamation Over Trailer for New Prediction Markets Film

Key TakeawaysKalshi sent Netflix a cease and desist letter on July 24, 2026, over a disputed trade slip.Nevada requires Kalshi to finish geofencing by August 12, 2026, or pay $120,000 daily.Netflix had not pulled the trailer as of July 25, ahead of the documentarys July 26 premiere.  Kalshi wants the trailer pulled and a public retraction issued before the film premieres Sunday, July 26. The company says the trailer uses a fabricated trade slip to suggest Kalshi allowed sports betting in Nevada in violation of a state court order, according to reports from The Hollywood Reporter and CNN, which obtained the cease and desist letter.  The upcoming documentary tracks the rise of prediction markets, platforms where people trade contracts tied to real events. Netflix says more than $5.6 billion moved through Kalshi and Polymarket alone on the 2026 FIFA World Cup final. Reports state that CFTC Chairman Michael Selig, Kalshi CEO Tarek Mansour, and Polymarket CEO Shayne Coplan all appear in the film, which comes from producer Words + Pictures with Steve Yaccino as showrunner.  The Disputed Scene  The trailer, released earlier this week, shows a private gathering in Las Vegas during World Cup final weekend. It has been claimed that one guest in

07-25Industry
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