Jony

[Shay Boloor @StockSavvyShay]

Cathie Wood bought ~$21M of $AMZN today

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Senate Majority Leader Thune says he still expects to hold a vote for the crypto Clarity Act this week before recess.

[Watcher.Guru @WatcherGuru]

JUST IN: Jim Cramer says "buy" Amazon $AMZN.

[DogeDesigner @cb_doge]

BREAKING: Tesla registrations surged 86% year-over-year in France and 52% in Denmark in July. 🇫🇷🇩🇰

[Brian Armstrong @brian_armstrong]

The CLARITY act represents a ton of bi-partisan work to finally establish clear rules for crypto in America, which 70% of Americans say we should already have.

Whether people love crypto or hate it, there is broad consensus that we need clear rules to protect consumers, give new tools to law enforcement to stop bad actors, and to bring crypto within the U.S. regulatory perimeter so it stops going offshore where we have no control.

The bill even contains many pages of new authorities for banks to integrate stablecoins and crypto and grow their business, which we strongly support. This is about America getting back to winning, and remaining strong as a financial and technology hub, to create economic growth, jobs, and tax revenue.

This week we get to see who in the Senate represents the will of the people, and will step up to vote YES on this common sense legislation.

[Elon Musk @elonmusk]

@Gfilche I think so

[Crypto Rover @cryptorover]

NEW: 🇺🇸 Billionaire Mike Novogratz expects the CLARITY Act to pass before August recess.

"I know it doesn't feel like it, but it will pass."

[Elon Musk @elonmusk]

@shaunmmaguire She will face trial for treason in the future

[@jason @Jason]

This is a buy signal $AMZN

[CryptoGoos @cryptogoos]

Markets are currently not expecting the CLARITY Act to pass before August recess.

Imagine how crypto prices would pump if it does.

[Vivek Sen @Vivek4real_]

BREAKING: 🇺🇸 BILLIONAIRE MIKE NOVOGRATZ JUST ANNOUNCED THE DEMOCRATS ARE ABOUT TO COMPROMISE AND PASS THE CRYPTO CLARITY ACT

"I KNOW IT DOESN'T FEEL LIKE IT, BUT IT WILL PASS"

"WE ARE GOING TO GET A COMPROMISE ON ETHICS"

IT’S FINALLY HAPPENING 🚀

[Chris Barrett @ChrisBarrett]

The Clarity Act will pass

[Treasury Secretary Scott Bessent @SecScottBessent]

More than a year ago, the House passed the Clarity Act.

There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate Republicans produced a floor-ready product that, as I type this, is waiting for a vote.

It’s disappointing — but not surprising — that Senate Democrats are choosing politics on the cusp of a major victory for American leadership. Find another instance in history where Congress, when given the choice, opted to push an industry out of the United States rather than smartly regulate it. American Exceptionalism was once a bipartisan goal; if Clarity fails, I have serious doubts.

These same Democrats — many of whom have taken millions of dollars from the crypto industry — proclaim that Clarity lacks safeguards for consumers and falls short in countering illicit finance. Nothing could be further from the truth. Titles II and III materially uplift regulatory and compliance obligations for digital asset intermediaries, placing them on similar footing with traditional financial institutions. The Blockchain Regulatory Certainty Act — which Washington lobbyists have spun up as a boogeyman for certain groups of prosecutors and law enforcement — does nothing other than codify longstanding Treasury Department policy that’s remained consistent across Administrations: non-custodial builders and developers are not, and have never been, subject to registration obligations under the Bank Secrecy Act. And at this point, major law enforcement trades that once opposed the bill, including the Fraternal Order of Police, have now endorsed it.

The Senate needs to vote NOW on this landmark legislation. The truth is that Senate Democrats are afraid to advance the Clarity Act as they fear Senator Warren and the “Anti-Crypto Army” she once promised to build. In the days ahead, Leader Thune will put this theory to the test. Will Senate Democrats be on the side of American Exceptionalism, or will they opt to cede American leadership of a global industry for fear of the bespectacled squirrel’s Left flank?

America will lead or America won’t. It’s not more complicated than that. I believe Satoshi once said it best:

“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

This is why CLARITY Act matters more than many realize

[eric @econoar]

Hmmmm

[Patrick Witt @patrickjwitt]

The largest asset manager in the world just endorsed the Clarity Act, and you’re blackpilling? @BlackRock

[Brian Armstrong @brian_armstrong]

Both parties have spent thousands of hours getting Clarity to the 1-yard line.

The bill has strong consumer protections, and gives law enforcement tools to crack down on bad actors.

No more delays - crypto needs clarity. Time to vote!

[Franklin Templeton @FranklnTempletn]

Franklin Templeton supports passage of the CLARITY Act.

The bill would make clear how crypto is regulated. Investors would know what protections apply. Firms would know which regulators they answer to.

It’s time to provide the industry the clarity it needs.

[Watcher.Guru @WatcherGuru]

JUST IN: Coinbase expects crypto Clarity Act vote as early as Monday, August 3rd.

[Coin Bureau @coinbureau]

JUST IN: Trump's $1.4 BILLION in crypto earnings is complicating CLARITY Act negotiations.

Senate Majority Leader Thune says he no longer expects the bill to pass before the August recess.

Polymarket odds of the CLARITY Act passing this year have dropped to roughly 1 in 3.