President Donald Trump has failed to unlock the stalled CLARITY Act after meeting Senate Republicans, with no revised text released and Polymarket traders cutting its 2026 passage odds to 32%.

Journalist Eleanor Terrett reported on X that the updated bill remained unavailable after Thursday’s White House meeting, where Trump and Republican senators discussed ethics rules tied to the legislation. Industry leaders now expect the text to arrive next week, according to Terrett, extending a delay around one of Washington’s most closely watched crypto bills.

“Updated legislative text remains elusive following yesterday’s meeting between President Trump and Senate Republicans on ethics,” Terrett wrote.

Before the meeting, Republican senators had suggested the draft could emerge shortly after their talks with Trump. Sen. Bernie Moreno told reporters that lawmakers would release the plan once the president received a briefing, adding that journalists would have “a lot of reading to do.”

Moreno is still seeking a Senate vote before the August recess, according to Terrett. Sen. Cynthia Lummis also expressed hope that the language would become public after the White House discussion, although she did not offer a firm timetable.

Passage odds have fallen to 32%

Polymarket traders have lowered the probability of the CLARITY Act becoming law in 2026 to 32% as Republicans and Democrats remain divided over the bill’s ethics provisions. The prediction-market decline has followed growing doubt over whether senators can secure enough bipartisan support to advance the measure.

In New York, the House Financial Services Committee’s Republican members are scheduled to hold a hearing at 10 a.m. ET on the legislation’s potential role in digital-asset development, according to Terrett. She noted that the event is informational and will not influence the Senate’s review of the bill.

The House passed its version of the CLARITY Act in 2025, but Senate negotiators have been working on separate language covering crypto market rules. Any final measure would need enough support to clear the Senate before lawmakers could reconcile it with the House bill.

Democratic ethics demands remain the main barrier

Sen. Ruben Gallego, one of the leading Democratic negotiators, told POLITICO that Republicans had presented ethics language his party could not support. Gallego linked the dispute to Trump’s business interests in the crypto sector and warned that the proposal would not attract the Democratic votes needed for passage.

“At the end of the day, we don’t have strong ethics,” Gallego said. “I don’t care what the president says. You’re not going to have the Democratic votes.”

After reviewing the Republican proposal, Gallego described it as “very weak,” arguing that it gave the president considerable freedom while offering limited consumer protections. A Democratic Senate aide also told POLITICO that the plan taken to the White House fell short of what Democrats would accept.

According to the same aide, Democratic lawmakers had neither reviewed nor approved the draft discussed during Thursday’s talks. The lack of agreement has left Republicans unable to present the delayed text as a bipartisan proposal.

Sen. Cory Booker has maintained that negotiations remain active, telling reporters that bipartisan cooperation is the only route to completing the legislation. Booker also indicated that negotiators should finish those discussions before releasing a new draft, leaving the publication date and Senate vote schedule unresolved.

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A macOS information-stealing malware can hijack Telegram Desktop sessions and compromise cryptocurrency wallets, according to blockchain security firm SlowMist.

The malware harvests data from the macOS Keychain, Safari cookies, Apple Notes, Telegram Desktop and databases associated with more than a dozen cryptocurrency wallets.

After collecting passwords and authenticated sessions, the malware copies users’ authenticated Telegram Desktop session data, wallet databases and browser wallet extension data.

SlowMist said attackers can then attempt to decrypt the stolen wallet databases offline using passwords harvested from the infected device or replace legitimate Ledger and Trezor applications with fake versions that trick users into entering their recovery phrases. The security firm reproduced the attack chain in an isolated environment.

MacOS malware code used to steal keys and passwords. Source: SlowMist

Related: AI has not triggered DeFi ‘hackpocalypse,’ Dragonfly partner says

MacOS malware targets popular crypto wallets

According to SlowMist, the malware combines multiple techniques into a coordinated attack chain, allowing attackers to pursue different methods of compromising cryptocurrency accounts and wallets.

The malware targets software wallets including Exodus, Atomic, Electrum, Wasabi and Monero, as well as hardware wallet applications such as Ledger Live and Trezor Suite, according to SlowMist. It also searches for wallet data stored by full-node clients including Bitcoin Core, Litecoin Core, Dash Core and Dogecoin Core.

Telegram two-step verification does not prevent the attack because the malware reuses an authenticated local session instead of creating a new login, according to SlowMist. In tests, researchers restored stolen Telegram Desktop session data on another Mac without entering a phone number, verification code or two-step verification password.

SlowMist urged users who suspect their devices have been compromised to immediately terminate existing Telegram sessions, establish a new trusted login and change both their Telegram two-step verification password and Telegram Desktop Passcode. The company also recommended generating a new recovery phrase on a clean device and transferring all assets to new addresses.

Magazine: Does Botanix’s failure prove Bitcoiners don’t care about DeFi?

• 64 billion SHIB have left crypto exchanges today, so far.
• SBI inherited 1.111 trillion SHIB through the Coinhako acquisition.
• Exchange reserves climbed to 86.497 trillion SHIB.

Shiba Inu (SHIB) is navigating two very different stories at the same time.

On one side, the token is gaining more exposure in Asia through a major corporate acquisition involving one of Japan’s largest financial groups.

On the other, fresh on-chain data points to renewed selling pressure as more SHIB moves onto exchanges.

The conflicting signals have left the token under pressure, with buyers struggling to regain momentum despite positive adoption news.

Exchange outflows add pressure to SHIB price

Shiba Inu traded around $0.00000409 after extending its recent decline, reflecting a broader period of weakness across the cryptocurrency market.

The latest on-chain data suggests that exchange activity has become a key factor behind the token’s muted performance.

Data from CryptoQuant showed that 173.45 billion SHIB flowed into cryptocurrency exchanges over the latest 24-hour period, while 271.09 billion SHIB left exchanges.

That resulted in a negative exchange netflow of 97.64 billion SHIB, indicating that more tokens exited trading platforms than entered them.

The latest figures also showed that exchange reserves climbed to 86.497 trillion SHIB, highlighting a larger pool of tokens sitting on trading venues.

During the previous 10-day period, on-chain data showed more than 1.4 trillion SHIB leaving centralised exchanges.

Those outflows had reduced the amount of SHIB immediately available for sale and were viewed as a stronger accumulation signal.

Instead, the latest data points to a reversal in that trend.

Combined with the recent decline in price, the higher exchange balances illustrate the increased selling activity that has weighed on SHIB over recent trading sessions.

Japan expansion strengthens SHIB’s long-term visibility

While on-chain data has turned less favourable in the short term, Shiba Inu has simultaneously received a significant boost in institutional exposure through developments in Japan and Singapore.

SBI Holdings, one of Japan’s largest financial services companies, recently completed its acquisition of Coinhako after receiving approval from the Monetary Authority of Singapore (MAS).

The acquisition also transferred custody of approximately 1.111 trillion SHIB, valued at roughly $4.5 million at the time of the transaction.

The holdings were already part of Coinhako’s customer and exchange reserves, meaning the acquisition did not represent a fresh purchase of SHIB from the open market.

Coinhako manages a digital asset portfolio worth more than $164 million, with SHIB ranking among its larger cryptocurrency holdings.

Following the acquisition, SBI expanded its footprint in Southeast Asia while adding another regulated platform that offers SHIB trading against both the Singapore dollar (SGD) and the US dollar (USD).

The transaction adds to Shiba Inu’s growing presence within regulated Asian cryptocurrency markets.

However, the increased visibility has yet to translate into stronger price performance as traders continue to focus on short-term market activity.

Virtual Protocol is being closely monitored by traders to see if improved technical strength and ecosystem development could help the cryptocurrency move past important resistance levels. Despite VIRTUAL still trading below its downtrend line, constant defense of key support levels is helping drive the accumulation bias.

However, the positioning in derivatives markets is also neutral, which indicates that market participants are waiting for more proof before taking more leveraged bets. This, coupled with continued development in AI infrastructure, agent commerce, and robotics, keeps the overall outlook interesting.

Technical Structure Suggests Critical Turning Point

Virtual Protocol could continue trading below value due to its prolonged correction, according to recent market analyst Tanaka. Rather than dwelling on its price movements in the short term, it is worth mentioning the ecosystem expansion and development plan that the project is building. The weekly chart provides additional evidence for this viewpoint.

After dropping by almost 90% since its peak levels, VIRTUAL slowly stabilized, creating a downtrend in the form of a descending resistance trendline with consecutive lows. The price is currently trading right under the persistent resistance level, which brings us to a critical turning point for the token.

Price action keeps squeezing between the resistance and the solid support area. Buyers keep entering the market in the accumulation zone, whereas selling activity looks much weaker than before the start of the correction.

Currently, Virtual Protocol is priced at $0.6357, representing an increase of 5.13% over the previous day and 21.73% within the last week. Trading volume for the day amounts to about $102.44 million.

Expanding the AI Ecosystem Serves to Strengthen the Long-Term Narrative

Other than price movements, Virtual Protocol continues to expand the ecosystem of the protocol focusing on AI. One of the primary goals of the protocol is the creation of a system for intelligent AI agents where they can transact autonomously. The process of agent payments, task execution, and autonomous interactions forms an important part of the project’s long-term plan.

The other notable development is the Agent Commerce Protocol, which aims to enable independent AI agents to find each other, negotiate services, and make payments autonomously. This commerce layer might prove to be one of the most useful long-term aspects of the protocol, according to Tanaka.

VIRTUAL also acts as the key asset in the entire ecosystem. The agent tokens make use of the VIRTUAL trading pairs for their liquidity, whereas transactions made between AI agents through commerce are done using the token.

Further growth of the ecosystem is continuing via integrations with Base, Robinhood Chain, and robotics programs. Eastworlds is also collaborating with Unitree Robotics to experiment with the physical implementation of AI. Although this will contribute to making the future outlook of the platform more positive, validation of adoption and revenue generation is still needed.

Funding Rates Are Evidence of Well-Balanced Positioning

The analysis of derivatives data reveals a similarly balanced view of the prevailing market positioning. OI-weighted funding rates stayed relatively neutral despite prolonged market weakness. There was neither any domination of bulls nor bears during the latest period of trading activities, implying balanced market participation in perpetual futures trading.

Previously, in case of the price decline, there were occasional moments when funding rates went below the zero level due to increasing bearish positioning. But these were never extremely low values that indicate a state of market capitulation. Recently, funding rates moved around the equilibrium point along with the price consolidation in a narrow range.

Resistance Breakout Is the Critical Technical Level

For now, the key technical factors for Virtual Protocol are the positive improvement in technical stability, ecosystem development, and the neutral derivatives sentiment. Virtual Protocol still builds infrastructure through AI agents, autonomous commerce, and robotics and enjoys positive support from the long-term accumulation area.

Despite that, the falling resistance trendline is the main technical barrier at the moment. Its breakout might confirm bullish momentum and change the market structure, while inability to do that will keep the ongoing range. Until this critical move takes place, traders will watch whether accumulation, ecosystem development, and stable market positioning can help form the next trend for Virtual Protocol.

Senator Elizabeth Warren has urged President Donald Trump to provide updated financial disclosures covering his cryptocurrency earnings for the first half of 2026, arguing the information is especially important as the US Senate weighs legislation that could reshape the crypto market.

In a letter sent on Thursday, Warren requested that Trump voluntarily release a report detailing crypto-related income between Jan. 1 and July 15. The request comes amid heightened scrutiny of how crypto policy might affect the value of the president’s and his family’s reported holdings.

Key takeaways

• Elizabeth Warren is asking Trump to disclose crypto earnings for Jan. 1–July 15, ahead of the president’s normal filing timeline for 2026.
• Warren pointed to Trump’s 2025 disclosures, which reportedly showed $1.4 billion in crypto-related earnings.
• The senator’s concern ties directly to pending Senate action on the Digital Asset Market Clarity (CLARITY) Act.
• Majority Leader John Thune indicated the Senate aims to hold a vote on the bill before August states work periods begin.
• On the House side, a CLARITY hearing was held in New York, while some Democrats have signaled they will require stronger ethics guardrails before supporting the bill.

Warren presses for earlier crypto earnings disclosures

Warren’s letter asks Trump to publish updated financial disclosures covering crypto earnings for the period from Jan. 1 to July 15. She framed the timing as crucial because the Senate is considering the Digital Asset Market Clarity (CLARITY) Act, legislation intended to clarify rules for digital assets and market structure.

Warren said Trump’s disclosure raises “key questions” about whether presidents, senior administration officials, members of Congress, and their families should profit from the crypto industry while the federal government debates rules that could influence market outcomes.

She also emphasized that, under current disclosure requirements, Trump is not expected to file his full 2026 annual report until May 2027. Still, Warren requested voluntary publication by July 23 so it aligns with the Senate’s consideration of the CLARITY bill.

What Warren cited from Trump’s 2025 disclosures

The pressure is grounded in disclosures Warren referenced from Trump’s 2025 earnings reporting. Earlier coverage cited filings showing Trump earned $1.4 billion from crypto-related ventures in 2025, including through his memecoin, Official Trump (TRUMP), and through World Liberty Financial, according to the reporting linked in the article.

That point is central to Warren’s argument: she contends that legislation under debate could “turbocharge” conflicts of interest if ethics guardrails are not tightened, potentially increasing the value of holdings held by the president and his family.

“[W]ithout adequate guardrails, [CLARITY] would turbocharge the President’s significant conflicts of interest and almost certainly boost the value of his and his family’s crypto holdings.”

House and Senate movement on CLARITY, with ethics concerns looming

The Warren letter arrives as Congress advances CLARITY through committee and floor planning. According to Senate Majority Leader John Thune, the chamber intends to hold a vote on the crypto bill before the Senate breaks for August states work periods.

At the same time, the political dynamics around the bill appear closely tied to ethics conditions. The article notes that many Democrats have said they would not support any legislation without clear ethics provisions, with some pointing to potential conflicts of interest linked to Trump’s crypto investments.

Earlier in the process, Trump has publicly denied wrongdoing related to his crypto activity. The article references a July 2 interview in which Trump said there was “nothing illegal” and “nothing wrong” with profiting from his crypto investments while in office.

House committee hearing highlights bipartisan claims—and missing Democrats

While the Senate focuses on timing for a full-vote window, House activity has been moving in parallel. On Friday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a field hearing in New York City on the CLARITY Act.

The bill has already passed the House, in July 2025. If the Senate approves it with 60 votes, it would return to the chamber for final consideration. Representative French Hill, who chairs the full committee and attended the hearing, described CLARITY as a “bipartisan priority” for Congress.

However, the hearing reportedly did not include Democratic representatives from the committee. Cointelegraph reached out to Democratic lawmakers for comment but did not receive an immediate response, according to the article.

With the Senate vote reportedly targeting a pre-August window, the immediate question for investors and policy watchers is whether ethics requirements—especially disclosures and guardrails—will be strengthened enough to address concerns raised by Warren and other Democrats. The requested July 23 disclosure deadline may become an early test of how closely market structure legislation and conflict-of-interest scrutiny will be linked in practice.