Fidelity, a financial giant overseeing $7.1 trillion in managed assets, has entered Washington’s intensifying crypto debate by urging senators to establish nationwide rules for digital asset markets.

The 382,000-member Fraternal Order of Police endorsed the revised CLARITY Act after lawmakers added protections for criminal investigations, suspicious transaction holds, and digital asset seizures, even as Senate Democrats withheld support from the latest draft.

The new phase of World’s “Simple Plan” encompasses taking its proof of human functionality to apps, leveraging the ID functionality for use cases involving enterprise and consumer apps, and introducing agentic World ID for human-delegated agentic activity.

Grayscale says bitcoin could remain under pressure until September or October if its historic four-year cycle repeats. However, the asset manager believes economic growth and Federal Reserve policy now offer a more useful guide to the market.

Kenya’s Assets Recovery Agency (ARA) has frozen at least $888,030 in cash and tether stablecoins tied to a multi-layered money laundering operation.

Former House Financial Services Committee Chairman Patrick McHenry told Bloomberg the CLARITY Act’s passage is “a question of when, not if,” days after comparing the crypto market structure bill to the 1996 Telecommunications Act.

Bitcoin fell below $64,000 after reaching nearly $67,000 mid-week, dropping its market cap to $1.285 trillion and triggering $312 million in total crypto liquidations.

The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by Head of Business Development Gregory Dwyer to trade against its users.

U.S. spot bitcoin ETFs recorded $225.18 million in net outflows on Thursday, ending a seven-session inflow streak. Ether funds moved in the opposite direction, adding $26.32 million on the second anniversary of their market debut.

Bitcoin’s advance is running into heavy resistance near $68,000 as 3.55 million BTC approach their holders’ cost basis, creating a supply wall that is offsetting strong spot bitcoin ETF demand.

Bitcoin mining pool Poolin Technology and its U.S. affiliates have filed for Chapter 11 bankruptcy in New Jersey to sell their remaining assets and liquidate operations.

The Sui Foundation and Mysten Labs launched the testnet for Hashi earlier this week, a Bitcoin-collateral protocol that lets BTC back onchain loans without ever leaving the Bitcoin network.

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Charles Schwab, which manages $13 trillion in client assets, is calling the CLARITY Act a “really important fundamental catalyst” that “needs to pass” even as Senate Majority Leader John Thune and White House crypto adviser Patrick Witt publicly disagree over whether a vote happens before the August recess.

Michael Saylor’s Strategy unveiled a new set of bitcoin metrics on July 24, including Net BTC, Net BTC Per Share and BTC Hurdle ARR, designed to give shareholders a clearer read on a treasury now holding 843,775 BTC.