Author: James Wilson

Senate leaders still intend to bring the CLARITY Act to the floor before the August recess, although unresolved negotiations and a crowded calendar leave the timing uncertain. Summary Sen. Cynthia Lummis expects Senate action on the CLARITY Act before the August recess. Majority Leader John Thune has reportedly reserved floor time for the crypto market structure bill. Revised ethics language would let state authorities enforce restrictions on federal officials’ token activities. The Senate must navigate nominations, funding talks and sanctions legislation before leaving Washington. Lummis says CLARITY Act remains on the agenda Sen. Cynthia Lummis told crypto journalist Eleanor Terrett…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. QuantPilot aims to simplify crypto market research by combining fragmented on-chain, market, and DeFi data into AI-assisted analysis workflows. Summary QuantPilot brings AI research agents to crypto markets, combining live data, code execution, and automated analysis. Th platform uses AI agents and live data integrations to automate crypto market research and recurring analysis. QuantPilot expands AI-powered crypto research with live data connectors and scheduled analytics for traders. Ask a crypto trader what they lack, and almost nobody says data.…

Circle has secured a New York trust charter to expand its state regulatory footprint. Summary Circle has received a New York trust charter from the NYDFS for Circle New York Trust. The approval follows Circle’s recent federal trust bank authorization from the U.S. OCC under a separate regulatory framework. Circle said the charter strengthens oversight for its USDC business and extends its decade long relationship with the NYDFS. According to an announcement from Circle on Friday, the stablecoin issuer has received a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company LLC, doing…

BNB price rallied more than 5% before sellers halted the advance near $600, leaving the token at about $590 on July 31 as traders assessed whether its breakout can hold. Summary BNB price climbed above $590 after breaking a descending trendline that had capped price for about 45 days. The daily price moved above the Bollinger Band’s $587.85 upper boundary, signaling strong but stretched momentum. A 3-day liquidation heatmap shows major liquidity clusters near $580 and $605–$610. 4-hour RSI remains bullish at 65.14, while the MACD continues to favor buyers. BNB price action today According to data from crypto.news, BNB…

Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market infrastructure. Summary Bernstein kept its Outperform rating on Robinhood and maintained a $160 price target. Robinhood Chain has processed more than $12 billion in DEX volume and over 150 million transactions since launch. Rothera has handled more than 3.5 billion contracts and generated $17 million in second quarter revenue. Bernstein said tokenized stocks, Robinhood Earn and exchange infrastructure are becoming key drivers of the company’s crypto business. Bernstein said in a note to…

Bitcoin miners entered one of their longest periods of contraction by July 31, even as shares of several listed operators climbed on expectations for AI data-center revenue. Summary 19.9% difficulty decline places mining in its third-deepest ASIC-era drawdown, according to Bitcoin Magazine Pro. 12% hashrate retreat from December’s peak coincides with low hashprice and expanding artificial-intelligence contracts globally. Hut 8’s AI leases total $26.6 billion, helping explain mining stocks’ divergence from Bitcoin prices. Bitcoin Magazine Pro calculated that mining difficulty had fallen 19.9% from its peak, making the decline the third deepest since application-specific integrated circuits replaced graphics processors as…

AFX has announced that it has prepared a goodwill plan for users affected by last week’s $24.15 million bridge exploit, with the recovery proposal scheduled for release on Aug. 3. Summary AFX will announce a goodwill plan for users affected by its $24.15 million bridge exploit on Aug. 3. The protocol said its investigation found the attack began with a social engineering campaign that compromised internal development infrastructure. AFX said the exploit targeted its own custody bridge and did not affect Arbitrum’s native bridge. The protocol has rebuilt key infrastructure and introduced additional security measures while recovery efforts continue. According…

Crypto’s next altseason may produce fewer winners as institutional investors direct more capital toward a limited group of tokens, according to Wintermute’s July 30 over-the-counter flow report. Summary 72% of Wintermute’s spot OTC flow came from institutions during the first half of 2026. Institutional token coverage rose 24%, while retail clients expanded their traded universe by 76% overall. Altcoin options notional rose roughly 3.4 times as institutions increasingly pursued yield strategies through derivatives. The market maker said institutional clients generated a record 72% of spot flow across all tokens on its OTC desk during the first half of 2026. Their…

U.S. Senate Minority Leader Chuck Schumer introduced the Anti-Corruption Bureau Creation Act on July 30, proposing a federal agency with authority to investigate and pursue executive-branch corruption.  Summary Seven Senate-confirmed members would lead the proposed bureau, with subpoena, enforcement and reporting powers nationwide. Trump’s certified disclosure entries totaled over $1.4 billion across crypto-related ventures during calendar year 2025. Four Democratic senators sponsor the bill; its launch materials named no Republican cosponsor on Friday. Senators Andy Kim, Alex Padilla and Jeff Merkley joined Schumer as original cosponsors.The bill cites President Donald Trump’s 2025 financial disclosure and says he received at least…

Google is reportedly backing a proposed $15 billion financing package for an Anthropic-linked data center in Texas, extending an AI infrastructure boom that has also lifted Bitcoin miners expanding into high-performance computing. Summary Nexus is in advanced talks to raise $15 billion for its Hubbard, Texas, data-center campus. Google would guarantee parts of Anthropic’s leases and receive an estimated 20% project stake. The campus includes an on-site natural-gas plant capable of generating 1.6 gigawatts. AI-focused mining stocks rallied Thursday, with IREN, Hut 8 and CleanSpark gaining more than 20%. Google and Anthropic financing terms A group of banks led by…