CLARITY Act Update
• The White House reportedly agreed on an ethics package.
• The updated legislative text could be coming soon.
Keep the pressure on👇
🚨NEWS: I’m hearing from multiple industry sources that the White House has agreed on an ethics package for the Clarity Act and sent the language to certain Senate Republicans this afternoon.
It’s still unclear what the details of the agreement are (I’ve reached out for comment), but industry participants are hopeful this could clear the way for updated bill text to be released soon.
Strategy has increased its USD Reserve by $225 million. As of 7/19/2026, we hodl ₿843,775 in our BTC Reserve and $3.2 billion in our USD Reserve. $MSTR $STRC https://t.co/sci7bZHzsy
Regarding the recent buzz around my profile picture changes and some feelings that the Base community isn’t being supported enough: I appreciate the feedback (even if tough to hear) and I realize you wouldn't take the time to respond unless you cared.
It seems I wasn't clear enough setting expectations for all of you, so let me try and do that now: please don’t follow my personal X account for investment advice or signals around individual coins. I’m simply posting things I find interesting or funny on the internet. I may not even be aware if there is a coin or project attached to the content I'm posting (you should assume I'm not, to be safe). My posts and profile pics are also not endorsements or commitments to anything.
Base is our shot at building foundational infrastructure for financial services where we can all innovate together. That includes tokenized stocks, borrow/lend protocols, stablecoin payments, etc and yes even meme coin trading. I believe in economic freedom, and support you trading whatever you want. Just realize that if you're treating my X account as alpha, you are doing so at your own risk, against my wishes. I would never recommend this.
On the topic of “support” from the Base team or Coinbase, there seems to be confusion around this too. There are many tokens we would like to list on our centralized exchange, but can't for compliance and regulatory reasons. If you want Jesse or me to pump your bags or shill certain coins, we're also not going to do that.
Here is what we are committed to on support: we run in-person Base Batches and issue grants to high potential builders, Coinbase Ventures and the Base Ecosystem Fund also invest in the most promising companies building on Base, and we periodically integrate promising Base defi protocols into our products at Coinbase which enhances distribution. I might even mention something on X if I think it's interesting, but again, this is not investment advice. In general, we bias toward supporting projects that we believe will create long term customer value.
You may like this approach or you may not, but either way hopefully it creates clarity going forward, so you can decide what you want to do. I respect your choice, either way.
P.S. I still might post memes if I think they are funny! It's still not investment advice.
Key Events This Week:
1. ADP Employment Change data - Tuesday
2. Tesla, $TSLA, Alphabet, $GOOGL, Report Earnings - Wednesday
3. Initial Jobless Claims data - Thursday
4. Intel, $INTC, Reports Earnings - Thursday
5. July S&P Global Manufacturing PMI data - Friday
6. July New Home Sales data - Friday
Earnings season is officially in full-swing.
The ultimate paid group
Trump is the perfect CT grifter
He's launched multiple NFTs
A meme coin
A "utility" coin
And now a paid group
And all of that in one cycle
Impressive really
FTX will distribute roughly $900 million to creditors starting July 31 as its fifth payout wave, with funds arriving in three business days via BitGo, Kraken, or Payoneer. This follows the $2.2 billion March distribution and brings total repayments since 2025 to nearly $10 billion.
The move advances bankruptcy resolution for convenience and non-convenience classes, with retail creditors set to recover 118-142% of 2022 claim values. It underscores steady estate progress but highlights criticism over non-in-kind asset returns rather than direct crypto restitution.
BREAKING: SpaceX, $SPCX, is in talks to provide compute power to the US Pentagon, per WSJ.
The two sides are reportedly discussing an agreement which would cost up to “several billion Dollars.”
The @FinancialCmte will hold a field hearing at 10 AM ET in New York examining how the Clarity Act could unlock innovation. The hearing is informational and does not affect the Senate’s consideration of the bill.
Meanwhile, updated legislative text remains elusive following yesterday’s meeting between President Trump and Senate Republicans on ethics.
Industry leaders tell me they’re now preparing for the rollout of text to slip into next week.
Thrilled to announce our first institutional funding round with a $400 million strategic investment from Citadel Securities valuing https://t.co/dwRH3Ycaul at $20 billion. An incredible milestone 10 years in on our journey and the beginning of a new phase of growth. Grateful to our team who got us here, our customers and community who supported us in both bull and bear and finally to our new partners for their trust. Together we will capture new opportunities at this critical juncture for the industry and win. Onwards!
WE'RE GIVING AWAY 2 TICKETS TO THE #FIFAWORLDCUP 2026™ FINAL 🏆🏟️👀
1. Follow @KrakenFX
2. Repost this post
24 hours only. Winner will be contacted via DM. Keep them open. You'll have 2 hours to respond or we'll redraw.
T&Cs apply. Good luck!!
Vanguard. BlackRock, JPM and more to participate in trial run of tokenized securities led by the DTCC, starting with $MSFT, $QQQ, $SPY $SHV with a formal program launching in October. DTCC will use off both the current way and tokenized options via @Vlajournaliste