Crypto Markets & On-Chain Ecosystem Developments

Three progressive organizations—Indivisible, Demand Progress, and the Revolving Door Project—sent a letter Tuesday evening to Democratic Senate offices, criticizing Sen. Kirsten Gillibrand over her son's ties to the crypto industry. The move complicates efforts to broker a compromise on the

Republicans released the latest text of comprehensive cryptocurrency legislation after months of deliberations, setting the stage for a potential full Senate vote as soon as next week. The 616-page bill combines versions passed by the Senate Agriculture Committee and Senate Banking Committee over th

Joshua Tate, cofounder and CEO of ForumPay, built merchant-facing cryptocurrency payment infrastructure to address the adoption gap between consumer crypto ownership and merchant acceptance. The company operates its own cryptocurrency exchange and guarantees merchants settlement in their preferred f

RedotPay launched a payment card that combines XRP-backed credit, Ripple's RLUSD stablecoin, and Visa's global payment network to expand the real-world utility of the XRP Ledger. The initiative allows users to spend without selling their XRP by pledging it as collateral at a 50% loan-to-value

According to Fox Business, a new legislative section aims to strengthen enforcement agencies' ability to investigate cryptocurrency-related crimes. The section allocates funding to support state and local crypto investigations and blockchain analysis tools, establishes training programs for law enfo

According to crypto reporter Eleanor Terrett, the Blockchain Regulatory Clarity Act (BRCA) maintains the version passed by the Senate Banking Committee in May. The bill clarifies that non-custodial software developers and blockchain infrastructure providers will not be classified as money

According to Fox Business, new legislation has outlined rules for handling digital assets when exchanges or custodians go bankrupt. The law ensures customer assets receive the same protections as traditional financial assets and remain customer property rather than becoming part of company

According to Polymarket and Kalshi data as of July 22, traders on prediction markets are pricing Democrats at 86% odds to win House control in the 2026 U.S. midterm elections, with $9 million traded on that single market. On Polymarket, the Senate outlook favors Republicans at 56%, with $3 million i

According to an announcement Wednesday, BitGo and OTC Markets Group plan to partner on digital asset trading and custody infrastructure for broker-dealers, expanding institutional access to tokenized securities through existing market infrastructure. The alliance will serve more than 150 broker-deal

According to CNBC, the U.S. Senate's updated Clarity Act will ban federal officials, including the president, from issuing or sponsoring cryptocurrencies and other digital assets. The revised legislation, being considered by Republicans, marks the first major law governing digital assets and

According to a report released by the National Cryptocurrency Association on July 23, the U.S. crypto industry is expected to contribute over $55 billion to U.S. GDP in 2026, with approximately $31 billion flowing to workers as direct labor income. The industry directly employs 34,000 people,

According to Grayscale research chief Zach Pandl on July 23, if the Federal Reserve pauses rate hikes and economic growth remains stable, Bitcoin may have already bottomed. Pandl noted two prevailing market views on when the crypto bear market will end: one follows the "four-year cycle" tied to

According to CoinMarketCap data on July 22, Audiera (BEAT) led gainers with a 12.51% increase to $2.62, while DeXe (DEXE) recorded the largest decline at 56.44% to $4.77. Other top performers included Hedera (HBAR) up 5.20% and Uniswap (UNI) up 3.98%, while Midnight (NIGHT) and Hyperliquid (HYPE)

According to Guru Club, ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust each rose 2.3% on July 21.

CertiK reported 52 crypto wrench attacks in H1 2026, with total financial exposure reaching $124 million—a more than 1,000% increase from $10.5 million in the prior year, according to a report published Wednesday. Wrench attacks involve physical assaults or extortion forcing victims to surrender cry

According to BlockBeats, on July 22, Baton Corporation, the developer behind Pump.fun, is hiring a head of growth marketing with a base salary of $400,000 to $1 million, plus incentive bonuses. Pump.fun founder Alon stated the platform has grown into one of the crypto industry's largest