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The CLARITY Act text is expected Thursday following a meeting with Trump, though Senate Democrats indicate they do not support it.


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🇺🇸 ETF FLOWS:

BTC, XRP and SOL spot ETFs recorded net inflows on July 16, while ETH ETFs saw net outflows.

BTC: $79.15M
ETH: -$28.04M
XRP: $6.78M
SOL: $1.66M




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US Polymarket traders now estimate a 95.7% chance that the Federal Reserve will keep interest rates unchanged at its July meeting.


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Crypto venture funding is dropping to its lowest level since 2020, but this isn't necessarily bad news.

While it may seem negative, many view it as a healthy reset for the industry. When money is tight, projects without real products or sustainable business models struggle, while talent and resources move toward stronger teams building genuine technology.

History shows that these funding slowdowns are often followed by waves of real innovation.

With less hype and fewer cash grabs, the focus shifts to shipping products, which could ultimately leave the ecosystem in a much stronger position.


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Tether invests $20M in Argentine neobank Ualá as part of a $197M March funding round, valuing the company at $3.2 billion.

The investment is strictly financial; no operational integration with Tether's stablecoin products is planned due to regulatory hurdles.

This move strengthens Tether's Latin American presence amid growing stablecoin adoption driven by regional currency volatility.


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The U.S. Senate has unanimously approved a resolution stating that Sam Bankman-Fried should not be granted a presidential pardon or any sentence reduction.

However, this measure is purely symbolic and holds no legal weight; it cannot stop a president from offering clemency, but it does clearly state the Senate's opposition.

The move is primarily a political signal, allowing lawmakers to demonstrate a firm stance against one of the cryptocurrency sector's most significant scandals.

Essentially, while the resolution has no legal effect, it generates significant public attention to show that Congress is not inclined to show leniency toward the former FTX CEO.


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ESMA added 14 new crypto firms, including Ripple Payments Europe, to its MiCA register, bringing the total number of licensed crypto service providers to 294.


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Abraxas Capital has bought $80,000,000 worth of $ETH this week.

whales are loading $ETH.


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🇺🇸 Congress holds hearing to discuss Crypto Clarity Act.


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🇺🇸 Odds of crypto Clarity Act passing hit all-time low as Congress meets to discuss the bill.


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The House Financial Committee is scheduled to hold an informational hearing on the CLARITY Act in New York at 10 AM ET.

At the same time, industry leaders anticipate receiving the updated Senate version of the bill next week.


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📊 ETF Flows
17 Jul 2026

🟢BTC ETFs : $132.3M
🟢ETH ETFs : $36.7M
🟢SOL ETFs : $0.0K
🟢XRP ETFs : $0K
🔻 HYPE ETFs : -$5.5M

Total:
$163.5M net inflows



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Meta is in talks to lease computing power to Anthropic in a potential $10 billion deal, per NYT.


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