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According to BeInCrypto, Tim Scott, the chairman of the U.S. Senate Banking Committee, stated that the CLARITY Act, aimed at regulating the cryptocurrency market, will be voted on before Congress goes into recess, and "there will undoubtedly be a vote."In an interview with Fox News, Scott mentioned that the Senate might extend its working hours, not limited to the next two days, to push forward the relevant legislation. He noted that there is a consensus forming within the Republican Party regarding the bill and believes that advancing a cryptocurrency regulatory framework "is in the interest of the United States."Tim Scott stated, "We will get this done."The CLARITY Act aims to further clarify the regulatory framework for digital assets in the United States, delineating the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the cryptocurrency market. Supporters believe that the bill will provide clearer rules for the industry and help the U.S. maintain its competitiveness in the digital asset space.Currently, the bill still faces internal congressional disputes regarding consumer protection, regulatory authority, and market risks. If ultimately passed, it will be an important step in building the U.S. cryptocurrency regulatory system.

According to Lookonchain monitoring, a certain trader deposited 3 million USDC into Hyperliquid and began to establish a long position in UNITREE (Yushutech).As of now, the trader has gone long on 3,507 UNITREE with 5x leverage, with a position value of approximately $264,000.

CryptoQuant analyst Abramchart stated that Bitcoin recorded one of the largest inflows of funds in history, with over 38,000 Bitcoins transferred to wallets typically associated with long-term holders and over-the-counter settlements. This seems to be good news. However, when combining this data with the actual prices of accumulation addresses, the situation becomes more complex. The average cost of these accumulation wallets is currently around $70,000, while Bitcoin's trading price is close to $64,000.This creates two possible scenarios: Bullish: Whales are actively accumulating in hopes of profiting in the next round of price increases. A situation worth noting: Some purchases may be aimed at lowering the average entry price so that when Bitcoin returns to the $70,000 range, they can exit at a price close to cost. In other words, today's accumulation does not necessarily mean long-term holding. It may also represent a strategic layout before reaching the breakeven point. Abramchart believes that the inflow of funds is undoubtedly substantial and worth close attention, but the $70,000 transaction price may become an important decision point. Whether these funds continue to accumulate or begin to diversify investments around this price level will provide clearer signals for the next major trend.

According to on-chain detective Specter, the Triple-A attacker exchanged DAI for 2,620 ETH before depositing funds into Tornado Cash, and has now deposited $4,990,000 into Tornado Cash, with 100 ETH pool deposited in 26 transactions and 10 ETH pool deposited in 2 transactions.The attacker still holds approximately $6.7 million in DAI.

Analysts say that Samsung is accelerating its layout of digital asset infrastructure, planning to provide native stablecoin functionality to approximately 800 million Galaxy smartphones through Samsung Wallet, which is expected to become an important distribution channel for stablecoins like USDC. It is reported that Samsung announced at the Galaxy Unpacked 2026 event that it will integrate stablecoin-related features into future devices, including savings and payment accounts linked to fiat currencies. Currently, Samsung Wallet covers 61 countries, with nearly 19 million users in South Korea.Joseph Goh, head of the Asia-Pacific region for crypto investment bank Areta, stated that the core bottleneck for the widespread adoption of stablecoins is not liquidity, but user accessibility. "Distribution channels are the scarce asset, and Samsung has a large number of user entry points." He believes this move could propel Samsung to become a major distributor of stablecoins like USDC. This is not Samsung's first foray into the crypto space. The company launched a digital asset wallet through the Knox security module back in 2019, supporting users in storing assets like Bitcoin and Ethereum, and connecting to Ledger hardware wallets. Additionally, Samsung is strengthening its digital asset infrastructure layout. Samsung SDS CEO Lee Joon-hee previously stated that the company’s investment in Dunamu, the operator of South Korea's largest crypto exchange Upbit, is an important strategic layout for entering the digital asset infrastructure field, including stablecoins and AI payments. In May of this year, Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire approximately 4% of Dunamu, Upbit's parent company, for about $408 million. Analysts believe that Samsung Wallet is responsible for providing user distribution entry points, while infrastructure layouts like Dunamu are responsible for underlying transactions and asset services, suggesting that Samsung may be building a complete ecosystem covering stablecoins, payments, and digital asset services.

Arthur Hayes published a new article titled "Situationship," suggesting that the AI bubble may eventually burst, but its subsequent impact could drive global liquidity expansion and become a catalyst for the next Bitcoin bull market. Hayes believes that the key to determining whether AI is a bubble lies in how investors define AI infrastructure construction. He points out that the market generally views the trillions of dollars in AI capital expenditure as "technology investment" and assigns high growth valuations, but its essence is closer to "real estate investment."He states that the current AI infrastructure construction is actually about building data centers, power facilities, and other underlying assets that support computing power, rather than directly investing in technology companies like Apple. "Financial institutions, private credit funds, and governments may mistakenly believe that investing in AI data centers is equivalent to investing in tech giants, while in reality, it is more akin to investing in highly leveraged infrastructure projects." Hayes believes that the core reason for the AI bubble's burst is not that corporate profits cannot be realized, but rather excessive credit expansion. He indicates that, supported by the U.S. and Chinese governments, financial intermediaries may overbuild data centers, power facilities, and related supply chains, ultimately creating credit cycle risks similar to those of the 2008 financial crisis, rather than a profit valuation crisis like that of the 2000 internet bubble.However, Hayes believes that the long-term value of AI remains immense. He points out that the computing resources operating within data centers will drive the development of "silicon-based life," having a profound impact on human civilization similar to that of the railroad era. Regarding market impact, Hayes expects that after the AI bubble bursts, governments and central banks may adopt more aggressive monetary easing measures, repairing the financial system through "massive money printing," pushing risk assets back into an upward cycle, and ultimately benefiting Bitcoin. Hayes states that the core variable of the current AI cycle is whether the capital market has mispriced AI infrastructure, and this judgment will determine the future direction of the market.

According to a Coinbase announcement, the Coinbase International Exchange will be integrated into Deribit as part of an infrastructure upgrade. The accounts, positions, and balances of institutional clients will be migrated by September 9, 2026, after which Deribit will serve as the unified trading venue for Coinbase's global derivatives business.The announcement states that August 28 will be the last day to exit the migration through closing positions. Clients who do not close their accounts by this date will be considered to have accepted the migration. The migration day is expected to have a downtime of about 30 minutes, and positions will be settled at the marked price before being transferred to new Deribit sub-accounts. After the migration, institutional clients will gain access to the complete options suite on Deribit, and mechanisms such as perpetual contract settlement, funding rates, and APIs will also change accordingly.

According to Ai Yi's monitoring, the address 0xb37 deposited 1.448 million USDC to Hyperliquid this morning as collateral, and then placed a total buy order of 10 million USD for SKHX in the range of 991.22 to 1016.6 USD.If the price of Hynix continues to drop, the related buy orders may be executed.

CryptoQuant analyst Darkfost posted on the X platform, stating that short-term holders (STH) transferred over 32,000 BTC to exchanges, and all these bitcoins were sold at a loss.This event has become one of the largest short-term holder loss sell-off events in the past 30 days. It indicates that market chips are shifting from more confident long-term holders to short-term holders.

According to Onchain Lens monitoring, Abraxas Capital deposited 61.19 million USDT into Bitfinex, worth approximately 61.19 million USD; additionally, it supplied 40,000 ETH through the Wrapped Token Gateway of the Spark protocol, worth approximately 75.17 million USD.The total transfer amount is approximately 136 million USD.

According to Daum, the South Korean stock market has recently experienced increased volatility, with investors' risk appetite significantly cooling, and funds are flowing back from the stock market to safer assets such as banks. Due to adjustments in the semiconductor sector and stricter regulations on leveraged investments, the funds waiting to be invested in the South Korean stock market are rapidly withdrawing, leading to a phenomenon of "reverse capital migration."Data shows that by the end of July, the balance of time deposits at the five major banks in South Korea (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) reached 973.49 trillion won, an increase of 24.09 trillion won compared to the end of the previous month, marking the largest monthly increase this year.There has also been a noticeable contraction in funds around the stock market. Data from the Korea Financial Investment Association shows that the deposits in investors' securities accounts (funds waiting to be invested in stock trading) reached a historical high of 139.69 trillion won on June 4, but had fallen to 107.20 trillion won by July 28, a decrease of over 32 trillion won in less than two months. The balance of credit trading financing, which represents the scale of market financing transactions, also dropped to 33.19 trillion won during the same period, down approximately 4.5 trillion won from the peak of 37.72 trillion won recorded on July 2, a decrease of about 12%.

According to Bloomberg, the KOSPI index in South Korea plummeted in July, causing significant losses for many retail investors. Despite the index rebounding a record 18% on Friday, retail investors still recorded a record net sell-off of KOSPI stocks that day; the index fell a cumulative 22% in July, marking the largest monthly decline since the global financial crisis, with the total market capitalization of the South Korean stock market around $3.9 trillion.Influenced by President Lee Jae-myung's push for stock market reforms and the listing of single-stock leveraged ETFs, South Korean retail investors bought approximately 78 trillion won ($54.2 billion) worth of KOSPI stocks from May to June. After the sharp market decline in July, many investors on social media pointed fingers at the government.A 30-something investor in Seoul stated that he entered the Korean stock market for the first time in May and has now decided "not to invest in the Korean stock market anymore"; another 40-year-old investor borrowed 50 million won against his home to trade stocks and criticized the government for introducing leveraged ETFs, turning the market into a "casino."During July, the KOSPI triggered trading halts due to circuit breakers four times, setting a monthly record. Samsung Electronics and SK Hynix together accounted for over 50% of the KOSPI's weight, with their stock prices falling 21% and 35% respectively in July; however, since early 2025, Samsung Electronics has still risen over four times, and SK Hynix has increased nearly tenfold.Analysts say this is a typical result of crowded trading combined with leverage, and deleveraging is difficult to complete in a matter of days. In the coming months, technology and semiconductor stocks may still experience significant volatility, but this should not be seen as a complete collapse of the AI investment logic.The South Korean government suspended the listing of new single-stock leveraged ETFs in mid-July and promised to introduce more measures to stabilize the stock market and limit retail participation in high-risk products.However, the head of the Korean Shareholders Alliance stated that retail investors' anger and criticism towards the government have reached a peak, with many investors believing that the relevant measures have come too late.

According to monitoring by Lookonchain, a certain whale deposited 1,060 BTC into Binance, worth 67.52 million USD.

According to Lookonchain monitoring, a trader turned $875 into $797,000 in just a few days, achieving a return of 910 times.They spent $875 to buy 26.96 million MarsCoin, sold 15.87 million MarsCoin for $314,000, and still hold 11.08 million MarsCoin ($483,000).

According to Bloomberg, the South Korean government plans to inject 20 trillion won (approximately 13.9 billion USD) into the sovereign wealth fund Korea Investment Corporation (KIC), specifically for strategic investments in artificial intelligence, data centers, and infrastructure.

According to on-chain analyst Ai Yi (@ai_9684xtpa), with the strong rebound in the storage sector, the whale that previously bet $31 million bullishly after the Hynix earnings report has reversed from an unrealized loss of $3.13 million to an unrealized gain of $2.01 million, with an entry price of $981.59, during which SKHX fell to a low of $897.43.

Solana tweeted that the South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network. This network covers over 330,000 merchants and processes approximately $4 billion in transactions monthly.

According to monitoring by Lookonchain, a certain whale deposited 625 BTC, worth $39.96 million, into FalconX after being silent for more than a year, possibly preparing to sell.It has held BTC for over a year and has incurred losses of more than $20 million.