The CLARITY Act faces an ethics test as Senate Democrats seek limits on senior officials’ crypto profits, including President Trump’s.

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	Forwarded this email? Subscribe here for more Trump promised to save crypto, but his personal business might kill its landmark CLARITY law The CLARITY Act faces an ethics test as Senate Democrats seek limits on senior officials’ crypto profits, including President Trump’s. Jul 30   READ IN APP   Happy Wednesday! Trust is becoming the scarce asset across tech and crypto as legal loopholes, policy uncertainty, and platform failures all shift risk back onto users. That matters now because the next headline move may depend less on innovation than on who controls the rules, distribution, and leverage behind the scenes. A surprise-capable Fed is leaving Bitcoin and XRP exposed to sharper repricing, with XRP’s $2.4 billion derivatives build raising the stakes for spot buyers. At the same time, Apple is facing fresh scrutiny after a fake Bitcoin wallet stole $1.8 million, while the CLARITY Act is running into ethics pressure tied to Trump’s crypto interests. The global crypto market cap is $2.18 trillion, with a 24-hour volume of $58.33 billion. The price of Bitcoin is $63,785.17, and BTC market dominance is 58.7%. The price of Ethereum is $1,896.54, and ETH market dominance is 10.5%. The best-performing sector is Communication, which gained 10%. The Crypto Fear & Greed Index is currently Extreme Fear (29). 📰 Top News Trump promised to save crypto, but his personal business might kill its landmark CLARITY law The CLARITY Act faces an ethics test as Senate Democrats seek limits on senior officials’ crypto profits, including President Trump’s. AI firms are shredding physical books because copyright law is quietly rewarding them To legally train AI, tech companies are buying millions of physical books—just to slice off their bindings and shred them. XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks XRP’s $2.4 billion derivatives market is heading for a test of $1 as Bitcoin weakness raises the risk of a leveraged unwind. Buy Borrow Die Guide Series: Capital preservation in practice: how major players use high-LTV crypto-backed loans A practical guide to using high-LTV crypto-backed loans to unlock liquidity without selling, covering LTV, liquidation thresholds, risk monitoring, loan recovery, and cross-collateralized portfolio management. Brought to you by CoinRabbit. Read the Guide 🗞️ More News Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them Kevin Warsh’s no-guidance Fed breaks a 30-year playbook – leaving Bitcoin vulnerable to surprise rate hike Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment One Bitcoin treasury just hit 20,000 BTC, but rapid share dilution meant investors ended up owning less of it 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. 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