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FeaturedPublished:Jul 26, 2026, 12:05 PM
This week’s stories spanned regulation, adoption, marketplace conviction, and manufacture shakeouts. Seven Senate Democrats rejected the latest CLARITY Act draft, portion Cathie Wood doubled down connected SpaceX contempt its crisp banal decline. River reported that much Americans present ain bitcoin than gold, but the treasury-company exemplary took different deed arsenic Satsuma voted to liquidate and merchantability its remaining BTC. BitMEX besides announced it volition permanently unopen down successful September, closing a large section successful crypto derivatives history.
Published: Jul 26, 2026, 12:05 PM
Key Takeaways
- 7 Senate Democrats rejected CLARITY, raising regulatory uncertainty arsenic negotiations continue.
- River says 49.6M Americans ain BTC, signaling broader adoption arsenic bitcoin surpasses gold.
- BitMEX closes Sept. 23, 2026, portion Satsuma sells 668 BTC amid further manufacture consolidation.
WEEK IN REVIEW
Democrats Reject CLARITY Act Draft arsenic Crypto Ethics Dispute Intensifies
Seven Senate Democrats rejected the latest CLARITY Act draft, saying it does not spell acold capable connected ethics, user protection, and illicit finance… read more.
Editor’s comment:
As Blockworks’ Felix mentioned earlier this week, CLARITY passing would beryllium bullish, but besides the nonaccomplishment of it to walk would apt catalyze the last limb down for Bitcoin and crypto, frankincense allowing it to signifier its carnivore marketplace bottom. So careless of what happens, it’ll beryllium affirmative for the industry.
Cathie Wood Says SpaceX Could Become ‘the Most Important Company successful History’ Despite 48% Stock Slide
Ark Invest CEO Cathie Wood delivered a sweeping endorsement of SpaceX arsenic shares traded 48% beneath their highest and 13% nether the… read more.
Editor’s comment:
Wood’s show implicit the past fewer years is not precisely indicative of an all-star banal picker, but her words inactive transportation weight. With SPCX present astatine a half-off discount from its IPO price, and the US authorities arsenic its main client, Musk’s institution is apt to beryllium an important bellwether for markets successful the future.
Bitcoin Ownership Overtakes Gold arsenic 49.6 Million Americans Now Hold BTC
Bitcoin has overtaken golden arsenic the preferred hard plus among American investors, according to bitcoin fiscal services steadfast River.… read more.
Editor’s comment:
Slowly, past suddenly. In hindsight, it volition look evident that the asset, which is disposable to anyone done their phone, for immoderate dollar magnitude they wish, which is besides escaped to store and wholly mobile, would summation popularity implicit dense and shiny rocks.
Another Bitcoin Treasury Firm Is Shutting Down. What Satsuma’s Vote Means for Investors
Satsuma Technology shareholders voted overwhelmingly to liquidate the London-listed company, merchantability its remaining 668 bitcoin and instrumentality superior to… read more.
Editor’s comment:
The abrupt detonation successful caller DATs marked the apical of the past bull market, and the implosion of those DATs a twelvemonth aboriginal appears to beryllium marking the bottommost of the carnivore market. Nakamoto (NAKA) which is down 99.6%, and Twenty One Capital (XXI), which is down 92%, could beryllium adjacent connected the chopping block.
BitMEX’s Final Countdown: What the Shutdown Means and When You Should Withdraw
BitMEX relation HDR Global Trading Limited announced the imperishable closure of the exchange, effectual Sept. 23, 2026… read more.
Editor’s comment:
The extremity of an era. As the inventor of the perp and the launchpad for Arthur Hayes’ vocation successful crypto, BitMEX is an important pillar to the manufacture and civilization of integer assets. Last month, earlier announcing the speech was shutting down, BitMEX’s CEO and respective of its different execs resigned oregon stepped down.
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