Hey crypto addicts,

The race to establish a clear regulatory framework for digital assets has entered a decisive phase as President Donald Trump met with key Republican senators to rally support for the CLARITY Act ahead of an expected Senate vote. The White House meeting focused on securing enough backing to move the landmark crypto legislation forward before lawmakers begin their August recess, underscoring the administration's growing commitment to making digital assets a national policy priority.

If approved, the CLARITY Act would establish long-awaited rules for the U.S. crypto market by defining regulatory responsibilities and providing greater legal certainty for digital asset businesses. Supporters argue the legislation would encourage innovation, attract institutional investment, and help the United States remain competitive in the global blockchain industry, while critics continue to debate aspects of the bill.

For the crypto industry, the upcoming Senate vote could become one of the most significant regulatory milestones in recent years. A successful outcome would provide much-needed clarity for companies operating in the United States and could strengthen investor confidence, while further delays would prolong uncertainty for businesses and market participants alike. ☕

What we’ve covered for you today:

A Bitcoin wallet that had remained inactive for more than eight years has suddenly moved 5,908 BTC, worth approximately $383 million, to a new address. The transfer immediately caught the attention of onchain analysts, as large movements from long-dormant wallets often spark speculation about potential selling pressure. However, the coins were not sent to a known exchange, suggesting the transfer may simply represent a wallet upgrade, improved security, or internal asset management rather than an imminent sale.

Dormant wallet activity has become increasingly common as early Bitcoin holders update legacy addresses or reorganize long-held assets. While these transactions can briefly unsettle markets, they do not necessarily indicate bearish intent, particularly when funds remain under self-custody.

For the broader crypto market, the movement serves as a reminder that a significant portion of Bitcoin's supply remains in the hands of long-term holders. As Bitcoin matures, periodic whale transfers are likely to continue drawing attention, but the ultimate market impact depends less on coins being moved and more on whether they eventually reach exchanges for sale. ☕

Bitget has introduced a Cross-Asset Unified Account (UTA) that allows users to use more than 370 assets, including 100 tokenized U.S. stocks, within a single margin pool. The new system enables traders to hold tokenized equities alongside cryptocurrencies, using them as collateral for trading and borrowing without needing to move funds between separate accounts. The launch represents another step toward merging traditional financial markets with digital assets on a single platform.

The tokenized stocks are issued as rTokens, allowing users to maintain exposure to underlying U.S. equities while accessing crypto-native trading features. According to Bitget, the associated Reality ecosystem has already surpassed $100 million in assets under management, reflecting growing demand for tokenized real-world assets.

For the broader crypto market, the development highlights the industry's shift toward multi-asset trading and the tokenization of traditional financial products. As exchanges continue integrating stocks, commodities, and cryptocurrencies into unified trading environments, the distinction between traditional finance and digital assets is becoming increasingly blurred, potentially expanding access to global markets for both retail and institutional investors. ☕

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Polygon Labs has reduced its workforce as it completes the integration of Coinme, marking another step in the company's transition from a blockchain infrastructure provider to a blockchain-powered payments company. CEO Marc Boiron said the restructuring is part of a broader strategy to position Polygon for profitability by 2027, with the Coinme acquisition expected to strengthen its regulated payments business and expand its onchain financial services.

The company stressed that the layoffs were driven by organizational changes rather than business weakness. As Coinme's team is integrated into Polygon Labs, overlapping roles are being consolidated while the company sharpens its focus on stablecoin payments, wallets, and regulated financial infrastructure. Polygon says the shift reflects its long-term vision of moving more money onchain through real-world payment solutions.

For the broader crypto industry, the move highlights a growing trend among blockchain companies to prioritize sustainable business models over rapid expansion. As firms increasingly focus on payments, tokenization, and real-world financial infrastructure, Polygon's restructuring underscores how the next phase of crypto adoption is being driven by practical use cases rather than speculative growth.

Alpaca, the brokerage infrastructure provider behind a growing number of fintech platforms, has raised $135 million in new funding, alongside access to up to $300 million in debt financing, to accelerate the development of its agent-firstand tokenized financial infrastructure.

MoonPay has acquired crypto infrastructure startup Glide, strengthening its ability to process cross-chain crypto deposits and making it easier for users to fund wallets and applications from virtually any blockchain. Glide's technology enables seamless transfers across more than 30 blockchain networks and 100+ digital assets.

A widely followed crypto trader believes Bitcoin's bear market may not reach its final bottom until the two-month Stochastic RSI falls back to zero, a technical signal that has coincided with major cycle lows in 2014, 2018, and 2022. According to the analysis.

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The government has a printer. Bitcoin has a supply cap….