CLARITY Act on Life Support: Saylor Says Bitcoin Wins With or Without US Bill

Galaxy Research, the research arm of crypto investment company Galaxy Digital, has identified 1,196 addresses that lost 1,082.65 Bitcoin, worth approximately $70.2 million, during a 41-minute window related to the Coldcard wallet incident. This analysis significantly expands the initial loss estimates, which had been pegged at 594.48 Bitcoin valued around $38 million.

The Bitcoin movements were traced between 1:10 AM and 1:51 AM UTC on July 30 across blocks 960,183 to 960,191, approximately 30 hours before Coldcard published its first security advisory. The Coldcard incident, Bitcoin security, hardware wallet vulnerability, cryptocurrency theft, Galaxy Digital, blockchain analysis continues to raise concerns about the security of hardware wallets and the need for better communication protocols during security emergencies.

Technical analysis of the CRV token reveals a critical compression scenario, with all short-term moving averages converging at a single point of $0.21. The token is hugging its lower Bollinger Band at $0.2057, indicating that volatility compression has reached its maximum. Smart money is already positioned long, anticipating a significant movement.

This moment of technical indecision is crucial for cryptocurrency investors, as a breakdown or bounce could occur at any moment. The proximity of moving averages and the position at the lower Bollinger Band suggest the market is at a tipping point. Traders should closely monitor the next moves, as the direction chosen by CRV could influence the entire DeFi ecosystem, particularly in the stablecoin segment.

TON (The Open Network) is facing a critical stagnation scenario, with its price stuck at $1.60 as the MACD indicator approaches zero. Technical analysis reveals the token is trading below all significant short-term moving averages, with reduced spot volume exposing an overextended futures positioning structure. Crypto traders are closely watching the critical $1.55 support level, which represents the last line of defense before a potential breakdown.

The combination of weak spot liquidity and excessive futures positions creates a high-volatility environment for TON. Analysts warn that a break below $1.55 could trigger a cascade selling, with potentially profound consequences for the TON ecosystem. Meanwhile, the 7-30 day period becomes crucial to determine whether the token will break resistance or confirm the downtrend, with investors closely monitoring price movements and technical indicators.

Bitcoin miners played a critical role in stabilizing Texas's power grid during record demand, preventing system collapse. With peaks of 91,308 megawatts on July 22, surpassing the previous day's 87,403 megawatts and the previous record of 85,508 megawatts, the coordinated action of miners proved essential to the state's energy security. However, the more lucrative attraction of artificial intelligence mining is diverting miners from their fundamental role as an "emergency brake" for the grid. This strategic shift represents a significant threat to the future resilience of Texas's electrical system, especially as extreme weather continues to pressure the state's energy infrastructure.