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The CLARITY Act has not yet been scheduled for a Senate vote, with only 14 working days remaining before the August recess.

Bitcoin News posted on X, citing @EleanorTerrett, that the CLARITY Act has not yet been scheduled for a full Senate vote, nor has its legislative text been updated, with multiple key provisions still under negotiation. Lawmakers will enter the August recess after 14 working days. Currently, the biggest point of contention remains ethical issues, as legislators continue to negotiate rules to prevent government officials from profiting from digital assets. Some are still hoping for a vote this week, but many on Capitol Hill believe the window of opportunity is narrowing. If the bill is not brought before the full Senate next week, its chances of passing before the August recess will significantly diminish.

Clarity Act Senate Vote Pending, White House Ethics Provision Negotiations Deadlocked

As reported by Crypto in America, with only 14 working days remaining before the Senate's August recess, the U.S. crypto market structure bill, the "Clarity Act," still has no confirmed voting date, the latest bill text has not been released, and negotiations on core disputes remain deadlocked. The core sticking point lies in the ethics provisions—relevant clauses aimed at preventing government officials from profiting from digital assets have not yet received White House backing. Last Thursday, Trump held a closed-door meeting in the Oval Office with Senators Cynthia Lummis, Bernie Moreno, the White House Chief of Staff, and others, but as of now, the White House has not clearly stated which ethical parameters it supports. Other major points of contention include: • Whether the BRCA (Blockchain Regulatory Certainty Act) can be retained, as it is currently publicly opposed by the National Sheriffs' Association, which calls cryptocurrency the "cartel's currency of choice" • Certain provisions of the Agriculture Committee, involving conflict of interest issues such as crypto exchange vertical integration, related-party transactions, and state law preemption • Whether the support votes of Democratic Senators Warner and Cortez Masto can be secured, as their stance depends on whether the bill adequately addresses law enforcement's concerns regarding illicit finance The prevailing view on Capitol Hill is that negotiating parties must complete the groundwork for procedural votes before this weekend, otherwise the bill will miss the final window of opportunity before the August recess.

Michael Saylor: Publishes 110-Point Article Opposing Bitcoin BIP-110

Odaily Strategy Executive Chairman Michael Saylor published a 110-point article opposing the proposed Bitcoin soft fork BIP-110. BIP-110 plans to tighten Bitcoin's consensus rules within about a year, restricting the technology used for embedding arbitrary data, targeting non-financial data such as Ordinals and inscriptions. Michael Saylor stated that BIP-110 would invalidate currently valid transactions that pay fees through consensus changes, and claimed that Bitcoin cannot differentiate data intent. He believes that including a specific use case within the consensus layer restrictions would set a governance precedent. While the specific restrictions would expire in about a year, the precedent would not disappear. He also opposed the proposal's activation design, stating it lowers the miner signaling threshold from the 95% used in earlier soft forks to 55%, and removes the option that typically allows proposals to naturally expire. Data from a proposal monitoring dashboard shows current signaling support is below 1%. The mandatory signaling window for BIP-110 is scheduled to open in August, with a target activation date around September 1st. Michael Saylor's stance aligns with Blockstream CEO Adam Back, Casa's Jameson Lopp, and Bitcoin proponent Samson Mow. Opponents include developer Luke Dashjr and the Bitcoin Knots camp.

Gate Launches Esports Trading Season: Predict Esports Events and Share 200,000 USDT

Odaily, July 20 - According to official sources, Gate has launched the Esports Peak Trading Season from 16:00 on July 20 to 16:00 on August 10 (UTC+8), with a total prize pool of 200,000 USDT. During the event, users who register and participate in designated prediction trading for esports events in the Gate Polymarket esports section can enjoy newcomer benefits, weekly trading tasks, and the prediction trading leaderboard to share generous rewards. After the event, the top 100 users by cumulative prediction trading volume who meet the corresponding trading volume requirements can also share a 50,000 USDT leaderboard reward, with the 1st place winner eligible to receive up to 10,000 USDT. Currently, the Gate Prediction Market has launched prediction markets for popular events such as the 2026 KeSPA Cup "League of Legends" Chevor DRX vs. KT team, and more exciting events can be found on the platform for participation.According to data from Polymarket Builders, the Gate Prediction Market ranked first among Polymarket channels in single-day trading volume on July 19, and has also maintained a leading position in cumulative trading volume over the past week and month, ranking first among Polymarket channels. As the first centralized trading platform to integrate Polymarket, Gate has become a key entry point for users to participate in prediction markets. Users can enter Gate Polymarket via the Alpha section on the Gate App homepage and use USDT in their accounts to conveniently trade in prediction markets for popular esports events and championship outcomes. Users can also leverage the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining more reference for esports event predictions. Gate is continuously expanding the application scenarios of its prediction market, providing users with prediction trading experiences covering diverse events such as popular esports competitions.

Venice Upgrade Tokenomics: API Revenue to Trigger VVV Buyback and Burn, DIEM Supply Raised to 40,000

Odaily AI infrastructure project Venice has announced an update to its VVV and DIEM tokenomics model, introducing a new programmatic buyback and burn mechanism and gradually increasing the DIEM supply target from 38,000 to 40,000 tokens.Venice stated that VVV is its core ecosystem asset, an ERC-20 token issued on the Base chain. After users purchase and stake VVV, they can earn rewards, unlock Venice Pro benefits, and use it to mint DIEM. Previously, a portion of platform revenue was used for market buybacks and the burning of VVV.This update first expands the sources for VVV burning. Previously, Venice had already implemented an automated VVV buyback and burn mechanism through Pro, Pro+, and Max subscription revenues. Now, this mechanism will cover API credit purchases: for every $100 worth of Venice API credits purchased by a user, $5 will be used to buy and burn VVV. This process will be executed automatically. As API usage grows, more VVV will be removed from circulation.Venice stated that the new API burn mechanism will be tracked separately on the official burn page, displayed distinctly from the burn records generated by subscription revenue.Concurrently, Venice will adjust the DIEM supply target. DIEM is the second-generation token in the Venice ecosystem, used to provide access to AI model credits. Each DIEM corresponds to $1 worth of daily Venice AI credits.DIEM can only be minted by staking and locking VVV. Users can use or sell these AI credits. Previously, the DIEM supply target was long fixed at 38,000 tokens.Starting August 3rd, this target will be gradually raised to 40,000 tokens, adding up to 2,000 new DIEM minting capacity to the market. As each newly minted DIEM requires locking more staked VVV, this will correspondingly increase the daily supply of AI API credits.Venice indicated that as the DIEM supply approaches the target, the minting cost (Mint Rate) will gradually increase. This increase in the supply target will provide users with greater minting capacity while maintaining the ecosystem's supply-demand mechanism.This adjustment shows that Venice is strengthening its token economic flywheel through a path of "AI service demand growth → increased API revenue → continuous VVV burning → ecosystem value capture."

Cardano will transfer control of its core software to external teams starting in August

: Cardano development company Input Output will transfer control of key blockchain components such as the Haskell node, Plutus platform, and Daedalus wallet to external professional teams starting in August, as part of a multi-year decentralization advancement plan. Independent companies such as Se7en Labs and Teragone will be responsible for certain core infrastructures. At least three versions of Cardano will be maintained in Haskell, Rust, and Go languages, under community supervision and formal specification management. Cardano currently faces relatively weak network activity and a significant decline in the price of its ADA token. Founder Charles Hoskinson characterizes this restructuring and related ecosystem setbacks as necessary "growing pains" in the process of moving towards full decentralization.

US Crypto Legislation Reaches Critical Juncture, Trump Conflict of Interest Ethics Clauses Become Biggest Obstacle

According to The Block, U.S. "Clarity Act" crypto legislation has entered a critical phase, with Representative William Timmons stating, "Legislation will definitely be completed; this is one of the president's priorities and also a bipartisan consensus." Senate Majority Leader John Thune hopes to complete the Senate vote before the recess on August 7, but even if passed by the Senate, the bill still needs to return to the House of Representatives for deliberation, and the overall timeline may extend into the coming months. The current main point of contention lies in the ethics clauses regarding how to restrict federal officials, such as the President, Vice President, and members of Congress, from benefiting from digital assets during their term. Trump, Republican Senators Bernie Moreno and Cynthia Lummis, along with White House Chief of Staff Susie Wiles, held a meeting on Thursday afternoon regarding the ethics clauses, seeking Trump's endorsement. Democratic Senator Ruben Gallego stated that if the ethics clauses do not meet standards, Democrats will not vote in support. Blockchain Association CEO Summer Mersinger is cautiously optimistic about the bill's prospects but warned that if prediction market-related amendments are included, they will become a "poison pill" and should be addressed through separate legislation.

ForeGate Launches EWC Esports World Cup Themed Zone

Odaily报道, ForeGate, the next-generation event prediction trading platform globally endorsed by legendary footballer Michael Owen, has officially launched its EWC (Esports World Cup) themed zone. This zone covers all popular events of this year's EWC, offering real-time event tracking and AI-powered deep predictions.To coincide with the launch of the EWC zone, ForeGate has simultaneously initiated the "Esports Prediction Trading Competition" limited-time incentive event, with a total prize pool of up to 500,000 USDT. During the event, users can participate in trading to share the prize pool. The event runs from July 16, 14:00 to August 24, 16:00 (UTC+8). This move marks a further expansion of ForeGate's event prediction market ecosystem centered around high-frequency sports and esports. Currently, users can seamlessly access the platform directly through mainstream DApp wallets such as Binance Wallet and OKX Wallet.

Polymarket launches "When will the US and Iran achieve a two-week ceasefire"

PPP Prediction Market Tool monitoring shows that Polymarket has launched a market for "When will the US and Iran achieve a two-week ceasefire." Currently, the probability for July 18 stands at 5%; for July 24, it is 15%; for July 31, it is 23%; for August 14, it is 43%; and for August 31, it is 54%.The settlement rules for this event are as follows: If the US takes no military action against Iran between the market creation and 11:59 PM on the specified end date, this market will be settled as "Yes." Otherwise, the market will be settled as "No." The first day of this 14-day period will be the calendar date (Eastern Time) of the most recent qualifying military action that occurs. This period lasts until 12:00 PM Eastern Time on the 14th day. If the most recent qualifying military action during this period occurs on or before the specified end date, the market will be considered "Yes."So-called "qualifying military actions" refer to airstrikes or surface-to-surface missile strikes initiated by the US directly targeting Iran. Airstrikes may include the use of bombs, air-to-surface missiles, and aerial drones launched from the air. Surface-to-surface missile strikes include one-way attack drones and surface-to-surface missiles such as cruise missiles or ballistic missiles.Qualifying military actions include: munitions that are destroyed or intercepted before impact; surface-to-air missile strikes; small arms fire; ground invasions; cyber operations; naval gunfire and artillery; howitzer, cannon, mortar, and rocket artillery (e.g., Multiple Launch Rocket Systems); small-scale surface-to-surface strikes, including short-range cruise missiles, close-air support drones, and anti-tank missile attacks; any threats, authorizations, or declarations of force that have not yet been acted upon.Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Huobi HTX Launches "Invite to Earn" Special Event, Invite Friends to Share 600,000 USDT Prize Pool

According to the official announcement, Huobi HTX recently launched a new feature, "Invite to Earn Crypto," and provides a 600,000 USDT prize pool, bringing real cash benefits to inviters and new users. From now until 10:00 on August 16 (UTC+8), users can generate an invitation link via the Huobi HTX "Invite to Earn Crypto" page and share it with friends. Friends only need to successfully register via the invitation link and complete designated tasks such as deposits and trading, after which both parties can unlock token rewards, with up to 300 USDT available for each person invited.

Nomura Securities: May Package Substrate Shipments Up 36% YoY to Hit Record High, Rubin Mass Production and HBM4 Technology Roadmap Become Focus

According to TechFlow Research, on July 14, 2026, Nomura Securities released a research report citing data from Japan's Ministry of Economy, Trade and Industry. Japan's packaging substrate shipment value in May reached 27.8 billion yen, a year-on-year increase of 36%, hitting a record high; shipment area increased by 10%, and the average price rose 23% to 1.356 million yen per square meter. The report pointed out that NVIDIA Rubin packaging demand will ramp up this summer (at latest by August), but the variable worth paying more attention to is that Rubin Ultra may shift from a four-die structure to a dual-module structure, as well as the large interposer integration challenges brought by HBM4 wiring upgrades. Intel released EMIB-T technology at ECTC, expected to complete mass production readiness in 2026, capable of integrating up to 12 HBM4 units under an interposer-less solution, with power supply voltage drop improved by 68-80% compared to EMIB; TSMC maintains its lead relying on 3DFabric Alliance and advantages in power delivery and heat dissipation. Nomura Securities believes that the core battlefield of the next-generation packaging competition lies in power delivery, heat dissipation, CPO, and 3D hybrid bonding, and excess returns in the packaging substrate industry will come from the ability to bind to customer technology roadmaps.

Summer.fi announces gradual shutdown of operations, the application will run until August 31

Summer.fi announced that following the attack on the Lazy Summer protocol on July 6, the team assessed that there was no viable path to continue business operations, and therefore will gradually cease operations.

Coinbase 将于 8 月 17 日停止在 Noble 网络上支持 USDC 充提

According to official announcements, Coinbase will cease support for USDC deposits and withdrawals on the Noble network on August 17, 2026.

Coinbase to End cbETH Deposit and Withdrawal Support on Arbitrum, Optimism, and Polygon Networks on August 17th

according to an official announcement, Coinbase will discontinue cbETH deposit and withdrawal support on the Arbitrum, Optimism, and Polygon networks on August 17, 2026. cbETH will remain fully available on the Ethereum and Base networks.

The next four weeks are the final window for the US Congress to pass the Clarity Act this year

: Industry insiders indicate that after the US Senate reconvenes, it will enter a critical window of approximately four weeks, determining whether the Clarity Act can pass this year. The bill needs to complete the finalized text, Senate debate, and voting before the August recess, and secure at least 60 votes of support in the Senate. Current negotiation focuses include whether to retain the exemption clause for non-custodial developers within the "Blockchain Regulatory Certainty Act," and establishing an "ethics framework" for official conflicts of interest regarding President Trump's cryptocurrency business interests. Meanwhile, the passing of Senator Lindsey Graham and the absence of Mitch McConnell have weakened Republican voting power, increasing the importance of securing support from Democratic senators.

Lawson to Test Yen-Pegged Stablecoin Payments in August, Netstars Launches Multi-Stablecoin Merchant Service

: Japanese convenience store operator Lawson plans to test yen-pegged stablecoin payments in August at its Lawson Takanawa Gateway City store in Tokyo. HashPort has signed agreements with Lawson and KDDI to conduct the pilot, where participants will use HashPort's non-custodial wallet. The store will process payments through the HashPort payment system, eliminating the need for merchants to open or manage crypto wallets. Japanese payment company Netstars has launched Stablecoin Pay, opening applications to merchants looking to accept multiple stablecoins. The service initially supports USDC, USDT, and the yen-pegged stablecoin JPYC on the Solana and Polygon networks. Supported wallets include MetaMask, and the merchant transaction fee rate is 0.98%. (Cointelegraph).

Gate Pre-IPOs Second Phase Launches OpenAI (OPENAI), Supporting Dual Token Participation with USDT and GUSD

: Digital asset trading platform Gate has announced that it will open subscriptions for the second phase of its Pre-IPOs project, OpenAI (OPENAI), from July 15, 2026, 15:00 to July 17, 2026, 15:00 (UTC+8), supporting participation with both USDT and GUSD. The total subscription value for the project is approximately $20 million, with 27,700 OPENAI asset certificates issued at a price of 1 OPENAI = $722. The minimum investment is 100 USDT or 100 GUSD, with implicit handling fees and custody costs waived. OpenAI, driven by products like ChatGPT, is advancing generative AI development and has received investments from Microsoft and others, with an implied market valuation of approximately $895 billion.The OPENAI asset certificate is a pre-IPO mirror note for OpenAI, designed to reflect the company's value before and after its public listing. Gate will hedge its exposure by acquiring the corresponding stocks and will offer pathways including pre-market trading, long-term holding, and future conversion into underlying stock assets, stock tokens, or USDT. Allocations are calculated based on the "average hourly locked amount"; the earlier the participation and the longer the lock-up period, the higher the weight. The certificates will be unlocked in three phases on July 17, August 17, and September 17, with pre-market trading opening on July 20. Concurrently, Gate is launching VIP/Super Agent airdrops, GT rewards, and a 3.8% annualized GUSD minting yield. Furthermore, Gate has already introduced Pre-IPOs, IPO Access, Gate Stocks, and gStocks, covering US, Hong Kong, and Korean stocks, encompassing over 12,500 stocks and ETFs, and will continuously expand its global asset ecosystem, including ETFs and RWAs. Gate will continue to bridge traditional finance with on-chain assets, providing global users with a more open, efficient, and one-stop investment service.

BIP-110 Bitcoin Data Limitation Proposal Nears Deadline with 0% Miner Support

the Bitcoin BIP-110 proposal is approaching its early August deadline, with miner support currently below 1%. In the current cycle, support stands at 0%, and no major mining pools have signaled in favor. BIP-110, officially titled "Reduced Data Temporary Soft Fork," aims to restrict OP_RETURN data capacity within one year, prohibit most arbitrary data writes exceeding 256 bytes, and limit certain script formats primarily used for data storage. Strategy founder Michael Saylor and Blockstream co-founder Adam Back have both publicly opposed BIP-110. Data shows that BIP-110 adopts a user-activated soft fork mechanism, setting a 55% miner signal threshold. The proportion of nodes running BIP-110 software remains in the single digits, primarily from Bitcoin Knots users. The current signaling cycle for this proposal is expected to end near block height 959,615, entering a voluntary lock-in period around early August, with activation planned for approximately September. If broad support remains absent by then, it could lead to a small number of nodes forming a split chain.

The US Senate plans to push for full Senate consideration of the CLARITY Act on July 20.

According to The Hill, the U.S. Crypto Market Structure Bill, the CLARITY Act, is facing a critical advancement milestone before the August congressional recess. Senate Majority Leader John Thune plans to push the bill to the Senate floor for consideration during the week of July 20, but it still requires support from at least seven Democratic senators.

Trump family-backed crypto mining company American Bitcoin to release Q2 earnings report before market open on August 3rd

American Bitcoin (ABTC), a bitcoin mining company affiliated with the Trump family, announced it will officially disclose its complete second-quarter performance before the US stock market opens on August 3rd EST. At 8:30 AM on the same day, management will hold a conference call and webcast to comprehensively review core operational data, including quarterly mining output, bitcoin inventory, and operational revenue and expenditure.