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What happened on the crypto market this weekend?
• SK Group and NVIDIA launched a partnership worth more than $500 billion to develop AI-dedicated infrastructure and memory
• Nvidia is negotiating with OpenAI to fund a $250 billion data center in Ohio
• Charles Schwab, valued at $13 trillion, urged the U.S. Senate to adopt the CLARITY Act
• BitMart will cease operations, leading to a drop of more than 60% in BMX
• More than 2.5 million ETH are waiting to be placed into staking, while withdrawals are nonexistent
• Spot volume on CEXs has fallen 74% since August 2025
• Brent fell 7% after the suspension of strikes between the United States and Iran
• Nearly $113 million in leveraged positions were liquidated in 24 hours
• More than half of Bitcoin ETF flows have been negative this year
• Robinhood Crypto’s blockchain generated 3.2 times more app revenue than Base in 24 hours
• The probability that the CLARITY Act becomes law in 2026 fell back to 38% on Polymarket, from more than 80% in February
• 99 crypto projects failed in 2026, according to Root Data
• The U.S. State Department has partnered with Palantir, Anduril, and the Bitcoin Policy Institute on digital freedom and AI
• Wise will submit its trust charter application again to the United States under the GENIUS Act
• North Korea reportedly shut down on July 25 a group of banking hackers linked to cryptocurrencies
• Robinhood and are in talks to strengthen the broker’s presence in prediction markets
• Phantom will end support for Monad on August 12
• Michael Burry increased his short position in Nvidia
• The probability that the United States will ban an open-source AI model in 2026 fell to 19% on Polymarket