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Cryptocurrency Update: CLARITY Act Vote Scheduled for September Amid Coldcard Losses of $130 Million
FG
FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
The Senate will not vote on the CLARITY Act before summer recess, pushing its timeline to September. XRP has suffered a 3.4% drop as traders adjust expectations following this delay.
The Senate will not vote on the CLARITY Act before summer recess, pushing its timeline to September. XRP has suffered a 3.4% drop as traders adjust expectations following this delay.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Senate's delay on the CLARITY Act negatively impacts XRP, which has already seen a 3.4% decline amid regulatory uncertainty.
BTC OVERALL MARKET INDEX: 52 / 100 (NEUTRAL)
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