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BTCBitcoin$62,789down3.00%
ETHEthereum$1,862down2.80%
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BNBBNB$586.89down0.50%

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Industry watchCLARITY Act Senate vote: the deadline that is suddenly real

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State of play

TIME-SENSITIVElast updated 31 July 2026

The marketBitcoin sits near $62,800, roughly half below its October 2025 peak, after the Federal Reserve's 29 July hold.$62.8kbitcoin nowHoldFed, 29 Jul, 9-3-60%ether from peak
  1. 29 JulThe Federal Reserve holds at 3.50 to 3.75%. Three of twelve votes wanted a hike, and markets still price rises rather than cuts this year.
  2. 21 JulBitcoin tags $66,900, then gives it back. It now sits near $62,800, just below the $63,800 level desks had flagged as resistance.
  3. StandingThat is roughly half below the October 2025 peak, and no failure inside the network caused it.
  4. StandingEther trades just over 60% below its own peak, and the argument about what Ethereum actually earns has never been louder.
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Digital dollarsSamsung told a keynote audience that stablecoins are coming to Samsung Wallet, naming no issuer, no chain and no date.$310bndigital dollars22 JulSamsung signalLawGENIUS Act
  1. 22 JulSamsung tells a keynote audience that stablecoins are coming to Samsung Wallet. No issuer, no blockchain and no date were given.
  2. StandingAround $310bn of digital dollars are in circulation, though June's $7.7bn fall was the largest monthly drop since Terra collapsed in 2022.
  3. StandingThe US GENIUS Act is law and its rulebook is being written now.
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DeFiUniswap's Proposal 100 passed: v4 protocol fees are live on seven chains, Robinhood Chain included, joining the UNI burn.186kUNI burned in a day~$325ka day from v4 fees
  1. 27 JulProposal 100 executes: v4 protocol fees go live on seven chains including Robinhood Chain, 46.6M UNI voting for against 1.3M opposed.
  2. StandingRobinhood Chain pushed $6bn of swaps through its first fortnight.
  3. JuneUniswap's fee switch is live: protocol fees buy and burn UNI, a record 186,000 of them in a single day.
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The rulesThe CLARITY Act misses the pre-recess window; the next realistic slot for a Senate floor vote is September.ShelvedCLARITY Act, for nowSeptnext realistic windowIn forceMiCA in Europe
  1. 30 JulThe Senate shelves the CLARITY Act with no floor vote before the 7 August recess. Democrats' demand for an ethics provision is the sticking point.
  2. SeptThe next realistic window for a vote, after the recess.
  3. StandingThe SEC's Regulation Crypto, with its $75m fundraising exemption, is still a proposal rather than law. Europe's MiCA is fully in force.
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The flowsA $233m inflow day on 30 July closes the spot Bitcoin ETFs' weakest month on record on a rare bright note.+$233m30 Jul inflowWeakestmonth on record-$8.6bnStrategy Q2
  1. 30 JulA $233m inflow day, the strongest in three weeks, closes out July. The month is still the ETFs' weakest on record.
  2. 30 JulStrategy reports an $8.6bn quarterly net loss, $8.3bn of it the unrealised markdown on 843,775 bitcoin under fair-value accounting.
  3. StandingIBIT dominates the traffic in both directions.
  4. StandingTokenised real-world assets sit at record levels after a year of monthly records, and Strategy now sells bitcoin as well as buying it.
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