Written by Andrew Fentonstaff editorReviewed by Andrew Fentonstaff editor

Written by Andrew Fentonstaff editor

Reviewed by Andrew Fentonstaff editor

Will the US get CLARITY this week? Bitcoin’s new $80K target: Hodler’s Digest, July 19

MagazinePublishedJul 20, 2026

Will the US Get Clarity on Crypto Regulations This Week?

The US Senate is set to vote on the CLARITY Act, a bill that could bring much-needed clarity to the crypto industry. However, the odds of the bill passing are low, with only a 40% chance of success, according to prediction market Polymarket. The bill’s fate hangs in the balance, with Senate Democrats demanding that President Donald Trump release his crypto earnings for this year.

CLARITY hinges on Trump’s ethics

The controversy surrounding the bill has led to a heated debate, with some arguing that it is essential to regulate the industry, while others believe it will stifle innovation. As the Senate prepares to vote, the crypto community is holding its breath, hoping for a positive outcome. In the meantime, investors can consider earning passive income through platforms like EcoPool, which offers a secure and reliable way to earn rewards in the form of $ECP.

Crypto Markets Continue to Flounder

Crypto markets have been experiencing a slump, with spot trading volume across the top 10 centralized exchanges falling to $1.95 trillion in the second quarter. However, prediction markets have seen a surge in activity, with Polymarket recording its strongest quarter on record with $113.8 billion in notional volume. This trend is expected to continue, with more investors seeking exposure to blockchain-based products, such as those offered by EcoPool, which provides a range of cloud rewards and green crypto solutions.

“For my members and what we are advocating for on the Hill… look, whatever you decide on ethics, that’s really not our concern. That is politics. That’s Congress. That’s elected officials. But please don’t let it kill all the hard work that we put in the rest of the bill.”

Source: Polymarket

Prediction markets see record Q2 volume, France blocks Polymarket

In contrast, the stablecoin market has slipped 1.6% to $305.1 billion, and CEX perps volume has declined 10% to $12.7 trillion. Despite this, the crypto community remains optimistic, with many believing that the industry will bounce back. As the market continues to evolve, it is essential to stay informed and consider alternative ways to earn, such as through EcoPool‘s passive income opportunities.

Bitcoin’s New $80K Target

Bitcoin may hit up to $80,000 by August if it clears nearby resistance, according to a new prediction. Crypto trader and analyst Michaël van de Poppe believes that BTC/USD has successfully defended “crucial” support and is set to move higher. However, not everyone agrees, with some predicting that the price will head back under $60,000.

As the market continues to fluctuate, it is essential to stay up-to-date with the latest developments and consider alternative ways to earn, such as through EcoPool‘s cloud rewards program. With the global market capitalization of tokenized stocks rising to a record $2.3 billion, it is clear that the crypto industry is continuing to grow and evolve. Whether you are interested in earning passive income or simply want to stay informed, EcoPool is the perfect platform for you.

Stay Ahead of the Game with EcoPool

As the crypto industry continues to evolve, it is essential to stay informed and consider alternative ways to earn. With EcoPool, you can earn passive income through a range of cloud rewards and green crypto solutions. Whether you are interested in earning $ECP or simply want to stay up-to-date with the latest developments, EcoPool is the perfect platform for you.

Download the EcoPool app to start earning today and discover the benefits of passive income and cloud rewards. With EcoPool, you can take control of your financial future and stay ahead of the game in the ever-changing world of crypto.

Polymarket is blocked in 33 countries… unless you have a VPN of course.

Strategy became a symbol of the dot-com crash: Could history repeat?

Senate agrees SBF should serve his time as FTX distributes another $900M

The US Senate has adopted a resolution opposing executive clemency for former FTX CEO Sam Bankman-Fried.

The measure cannot block a presidential pardon but reflects bipartisan Senate opposition.

Bankman-Fried was sentenced to 25 years in federal prison in March 2024 after being convicted of fraud and conspiracy charges linked to FTX’s collapse in 2022.

Speculation about a possible presidential pardon grew after Bankman-Fried applied for clemency from Trump in June 2026.

On Friday, the FTX Recovery Trust said it would distribute about $900 million to creditors in the fifth round of repayments. The trust has now paid out about $10 billion since the company filed for bankruptcy.

Tokenized stocks hit record $2.3B

The global market capitalization of tokenized stocks rose to a record $2.3 billion on Wednesday, as more investors sought exposure to blockchain-based equity products.

The Ethereum network boasted the largest market share, at 34%, followed by BNB Chain with 30% and the Solana network with 23%, data aggregator Token Terminal shared in a Wednesday X post.

The largest increase came from Kraken exchange’s xStocks, which accounted for $507 million worth of tokenized stocks and Binance’s bStocks, with $334 million. Ondo Finance remained the largest tokenized stock issuer with $955 million in onchain equities, according to Token Terminal data.

The Depository Trust & Clearing Corporation, which is the custodian of $114 trillion in assets, last week launched a trial of tokenized securities in partnership with more than 40 financial firms.

Robinhood Chain also aims to become a leader in tokenized stocks, however its volume to date is largely driven by memecoins.

Is Robinhood Chain’s success bullish or bearish for ETH the asset?

US and UK to align stablecoin rules, but Genius Act rules are TBA

The US Department of the Treasury and HM Treasury in the UK have issued four joint recommendations on digital assets.

The task force recommended that authorities consider a private-sector-led group focused on “testing of cross-border use cases for tokenized assets” and that financial agencies in the US and the Bank of England identify shared approaches on the regulation of tokenized assets. 

The statement said that stablecoins “should be fully backed, on at least a one-to-one basis, by high-quality, liquid assets,” aligning with the US law.

Ironically, a few days later it emerged the US regulatory agencies had all missed Saturday’s rulemaking deadline for the GENIUS stablecoin act. Missing the statutory deadline does not invalidate the GENIUS Act, but will result in issuers having less time to comply before the rules go into effect in January.

Source: ZachXBT (but DYOR)

Winners and Losers

At the end of the week, Bitcoin (BTC) is at $64,620, Ether (ETH) at $1,868 and XRP (XRP) is at $1.09. The total market cap is at $2.21 trillion, according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are Pump.fun (PUMP) which gained 36%, Venice Token (VVV) on 10%, and Litecoin (LTC) which is up 7%.

The top three altcoin losers of the week are DeXe (DEXE) after it lost 27%, Lighter (LIT) which was down 17%, and Worldcoin (WRLD) which fell 14%.

Prediction of the Week

Bitcoin gets new $80K August target

Bitcoin (BTC) may hit up to $80,000 by August if it clears nearby resistance, a new prediction says. A macro tide could be the spark to ignite the next move higher.

Crypto trader and analyst Michaël van de Poppe said earlier this week that BTC/USD has successfully defended “crucial” support.

“It’s holding the crucial level at $61,000 and flipping important MAs for support, indicating that there’s more momentum on the horizon,” he wrote, referring to moving average trend lines. 

“I’m expecting to see a rally to $68,000 in the next 1-2 weeks, followed by a continuation towards $75,000-80,000 in August.”

Not everyone agreed with the analysis, including nichoxbt who thinks the price is heading back under $60,000.

Source: Nichoxbt

Top FUD of the Week

Consensys unknowingly outsourced developer work to North Korean

Blockchain company Consensys accidentally used a software developer linked to North Korea, who had access to some of its systems for a month.

First reported on Friday by Drop Site, Consensys earlier this year took on a software developer via a “reputable third party service provider” who was later discovered to have ties to the Democratic People’s Republic of Korea. 

The move caused the Metamask developer to temporarily suspend product releases, but said an investigation has “confirmed there was no misappropriation of assets or data, no malicious code deployed, and no impact to user safety and security.”

Kaspersky identifies malware framework targeting crypto investors

Cybersecurity company Kaspersky said a newly identified malware framework is targeting cryptocurrency investors.

Dubbed “OkoBot,” the malware initiates an infection chain that starts with social engineering tactics such as ClickFix, which tricks users into running malicious commands, or trojanized GitHub apps that deliver a backdoor to infected devices, the cybersecurity company wrote in a Wednesday report.

A separate malware campaign seeks to infiltrate the devices of Web3 developers via fake LinkedIn recruitment opportunities, according to SlowMist.

Attackers contact blockchain devs via LinkedIn, posing as recruiters. They then send fake GitHub repositories to victims, claiming they contain code that needs to be assessed before the interview, the security company said in a Saturday report.

Base’s social bet left it trailing in prediction markets and perps: Pollak

Base creator Jesse Pollak says he is stepping back from leading the Base App after admitting he made a “wrong bet” on social, leaving the chain to fall behind on prediction markets and perpetual futures. 

In a post to X on Wednesday, Pollak said he had bet that creator, content and messaging apps would drive adoption, but instead the market “disintegrated completely.” 

Pollak said he now realized financial applications are the way forward for the network, with a focus on trading, payments and AI agents. 

The Base App will now return to Coinbase, and will be overseen by crypto influencer and trader Jordan Fish, better known on X as “Cobie.”

Top Magazine Stories of the Week

Strategy became a symbol of the dot-com crash: Could history repeat?

MicroStrategy blew up during the dot-com era, before Michael Saylor transformed it into the world’s largest corporate Bitcoin holder. Did he learn his lesson?

Is Robinhood Chain’s success bullish or bearish for ETH the asset?

Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right.

Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks

Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21-month low. The thrill of scoring a top Pokemon card from a random pack is becoming big business.

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

• Wall Street
• Coinbase
• RWA Tokenization
• Bitcoin Price
• Hacks
• Bitcoin

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