Senate momentum on the Crypto Clarity Act is stalling, with ethics provisions still unresolved and no motion to proceed filed as of July 31. The bill could still shape U.S. crypto rules, but the August recess is closing in fast.
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The SEC has put Nasdaq’s proposed Bitcoin options on hold after agreeing to review CME’s challenge to the approval, turning the fight into a turf war over whether the product belongs under SEC or CFTC oversight. No launch yet, and the bureaucracy isn’t done flexing.
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The CLARITY Act is running out of runway in the Senate, where Democrats are demanding tougher ethics and anti-fraud safeguards before they’ll play ball. A Friday vote is still possible, but the clock, the filibuster, and ugly math may kill the momentum.
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XRP/BTC is at a make-or-break level as traders weigh a possible breakout toward 0.000030 BTC against a bearish breakdown. ETF inflows and XRPL upgrades are adding real support, but the chart still has the final say.
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Craig Wright has revived a familiar Bitcoin fight over immutability, full nodes, and who really governs the network—but his long record of deception makes him a lousy messenger. The debate is real, though: Bitcoin’s rules should be hard to change, but not frozen into a museum piece.
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Grok AI sees Bitcoin potentially reaching $200K–$250K by 2027, powered by ETF demand, institutional buying, and fixed supply — but the chart still looks ugly. Repeated resistance failures and weak price action suggest the market may need more proof before the bull case kicks in.
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Bitkey says it fixed a researcher-reported vulnerability and that customer funds were never at risk. The details are still thin, but the takeaway is clear: a flaw was found and patched, not a wallet-draining disaster.
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The CLARITY Act is still alive, but its path through the Senate is getting jammed up by procedural hurdles and an ethics fight that’s eating the clock. With cloture requiring 60 votes and the calendar tightening fast, supporters may run out of runway this year.
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A flaw in certain Coldcard firmware versions reportedly let weak seed phrases slip through, and the fallout is ugly: more than 1,367 BTC has been drained from thousands of addresses. Updating firmware helps going forward — but old vulnerable seeds are still fair game.
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Bitcoin remains stuck in a bearish lean to start August, while Cardano posts the strongest bounce in a mixed crypto market. XRP stays under stacked resistance, SOL is only stabilizing, and the bigger message is clear: this looks more like a shaky recovery attempt than a confirmed trend change.
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