Digest | Crypto

Owners of Trezor and SafePal crypto wallets at high risk of phishing attempts after separate data leaks, CLARITY odds at 10% despite White House meeting this week. Galaxy Digital has lowered its estimate of the CLARITY Act’s chances of passing in 2026 to just 10%. In May it had estimated the chance of passage at 75%. Multiple political issues remain unresolved and the Senate only has 14 days in session to pass the bill after it reconvenes on Sept. 14. Unless an initial motion to proceed vote occurs immediately upon lawmakers’ return to Washington, there would only be enough time for the CLARITY Act to pass if it “dominates basically the entire working session,” wrote Galaxy head of research, Alex Thorn. Read more

BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No. Supporters of the BIP-110 soft fork hoped to eradicate spam from the blockchain, but after a lengthy and heated debate the proposal has been pronounced DOA or Dead On Arrival. After securing just 2.5% support ahead of entering mandatory signaling on Saturday, it split off into a minority chain that mined just two blocks in eight hours before stalling. This is probably no surprise given it’s just as difficult and expensive to mine on the new chain as it is on Bitcoin — but without any hope of being able to sell the block reward to recoup the costs. The difficulty would have adjusted downward if they’d managed to mine through another 2,014 blocks. BIP-110 aimed to rid Bitcoin of non financial transactions, such as Ordinals, but opponents saw it as imposing censorship on the chain and it faced opposition from prominent Bitcoin advocates. Strategy executive chairm...

The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote. After $90 million in Bitcoin was drained from Coldcard wallet users, small hodlers desperately sought refuge on centralized exchanges and via alternative custody methods. Bitcoin transfers below 1 BTC climbed to their highest daily level since 2022 on Friday, with 39,600 BTC moved, according to data shared by CryptoQuant head of research Julio Moreno on Saturday. The figure was just 300 BTC below the 39,900 BTC transferred on Nov. 16, 2022, days after FTX filed for bankruptcy. Galaxy Research, the research arm of crypto investment company Galaxy Digital, reported Saturday that the third wave of attacks on users of the hardware wallet on the weekend brought estimated losses to 1,367 BTC ($88.6 million) across 4,585 addresses. Read more

Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. Despite wealthy memecoin entrepreneur President Donald Trump agreeing to an ethics deal, the Clarity Act (CLARITY) is floundering as the August recess deadline looms. Senate Majority Leader John Thune said he doesn’t believe the act has the votes to pass just yet, but may bring it to a vote anyway to “get Clarity started. We’ll see where the votes are.” The ethics deal would prohibit all US officials from issuing or sponsoring digital assets, but contains some “get out of jail free” provisions for the President that the Democrats are unhappy with, including the fact the rules expire the day he is scheduled to leave office in 2029. Read more

The fate of the CLARITY Act hinges on Trump’s ethics, so the odds aren’t looking great. Prediction market volumes hit new highs, and more news. Polymarket suggests the odds of the CLARITY Act passing this year are just 40%, after a raft of Democratic Senators, including Chris Murphy, Jeff Merkley and Chris Van Hollen, spoke out against the bill. A crucial Senate vote could happen as early as this week, with Senate Majority Leader John Thune stating it will definitely be held before Aug. 10. Democrat Senator Elizabeth Warren is trying to spoil the vote by highlighting how much money President Donald Trump has extracted from the industry. She demanded Trump voluntarily release his crypto earnings for this year, after his 2025 disclosure, showed he earned more than a billion dollars from crypto last year. The controversy means that Senate Democrats are unlikely to support the bill without a provision banning elected officials promoting or issuing cryptocurrency. Summer Mersinger, the CEO of the Blockchain Associ...

Even Ethereum's critics believe Robinhood Chain is bullish for ETH. Nigel Farage and Donald Trump become embroiled in crypto related scandals, and more. The successful launch of the layer-2 network Robinhood Chain has boosted investor sentiment around Ethereum. The newly launched blockchain uses ETH as its native gas token and around $141 million in ETH has already been bridged to the chain. More than half a million wallets holding ETH are now on the network, which surged past the Ethereum L1 and rival L2 Base over the past 24 hours, with DEX volumes of $877.56 million. The L2 is an offshoot of TradFi trading platform Robinhood, which offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem. L2s have been seen by many pundits as bearish for Ethereum as they take activity away from the L1 without returning much in the way of transaction fees. However even some former ETH bears are now reassessing that thesis. Influencer Ansem wrote: Mike Dudas from 6th Man Ventu...

Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long? Michael Saylor's Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves. Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission. This included 1,363 Bitcoin sold at an average price of $59,256 between last Monday and Tuesday, and 2,225 Bitcoin sold at an average price of $60,773 between Wednesday and Sunday. Read more

Prediction market Polymarket eyes Japan entry, Harvard sells off its Ethereum holdings, and other news: Hodler’s Digest

Strategy CEO outlined conditions in a under which the company would sell Bitcoin, Trump Media posts $406M quarterly loss: Hodler’s Digest

US spot Bitcoin ETFs have extended their inflow momentum through late April, XRP set for a 30% price spike: Hodler’s Digest

Spot Bitcoin ETFs see nearly $1B in inflows as risk appetite returns, Worldcoin’s price slides: Hodler’s Digest

A Bitcoin researcher proposes a fix to quantum computing fears, CZ outlines his 2031 crypto vision: Hodler’s Digest

ARK Invest’s Cathie Wood speculates on Bitcoin’s price, US CLARITY Act compromise may be underway: Hodler’s Digest

White House crypto and AI czar’s term wraps up, ARK Invest taps Kalshi prediction market data, plus more top stories in Hodler’s Digest

Google has identified a new form of crypto-stealing malware, Hong Kong retiree suffers major losses in a crypto scam: Hodler’s Digest

US spot Bitcoin ETFs logged the first five day inflow streak for 2026, crypto ATM losses surged in 2025: Hodler’s Digest

Lyn Alden explains why Bitcoin will outperform gold in the coming two or three years, FBI cracks down on major crypto crime: Hodler’s Digest

South Korea’s National Tax Service accidentally exposed a crypto wallet seed, Bitcoin may be flashing a bottom signal: Hodler’s Digest

South Korea’s National Tax Service accidentally exposed a crypto wallet seed, Bitcoin may be flashing a bottom signal: Hodler’s Digest

Crypto exchange Coinbase reported a net loss in the fourth quarter of 2025, Ether’s price may rebound: Hodler’s Digest