This week had everything, and I mean that in the most exhausting, fascinating way possible.
While the Senate spent the week debating whether to pass the Clarity Act before flying home for summer recess, the institutions quietly stopped waiting. BlackRock went live with its tokenized money-market fund on Ethereum. BNY Mellon announced crypto staking. Wells Fargo launched tokenized deposits for corporate clients. The tokenized RWA market crossed $30 billion, and it’s just getting started. None of these companies needed a green light from Washington. They built the infrastructure anyway, because that’s what happens when the technology is ready and the demand is real. A few weeks ago on Blockchain Interviews, Dave Rodman told us the offshore playbook works regardless of what Congress does. Looking more right by the day.
The Clarity Act itself has 72 hours and 27% odds of passing on Polymarket. I don’t think that number moves much before August 10. But honestly, I don’t think it matters as much as the headlines suggest. The money has already voted. However, there is a curveball chance that something happens.
Abdul Rafay Gadit — Co-Founder, ZIGChain
Most RWA projects tokenize the asset and call it done. ZIGChain is building the full stack: regulated onchain infrastructure with $ZIG’s value tied directly to platform revenue through a governance-gated buyback program. Built on a Cosmos SDK Layer 1 with EVM compatibility, it’s the next evolution of Zignaly’s 600,000-user, $10B trading volume platform. Rafay breaks down the $5B RWA pipeline, partnerships with Apex Group ($3.4T AUM) and ADI Foundation (backed by a $1.5T Abu Dhabi sovereign entity), and why Shariah compliance certification opens a $5+ trillion Islamic finance market most crypto projects have never touched.
Dave Rodman — Founder, The Rodman Law Group
Most crypto companies structure themselves in the wrong jurisdiction, or no jurisdiction at all, and find out what that means when it’s too late to fix it. Dave Rodman, Founder of The Rodman Law Group, breaks down the three offshore structures he recommends to crypto founders: the British Virgin Islands, the Cayman Islands, and Panama. He covers how each one works, the tradeoffs, how the regulatory environment has shifted under the new administration, and what the CLARITY Act does and doesn’t fix for founders operating globally.
The Mk3 exploit we covered in Issue #13 just got bigger. Block’s engineering disclosure confirmed the same flaw extends to Mk4 and Mk5 devices on firmware before 5.6.0, with seed entropy of ~72 bits instead of 128. Total stolen now exceeds $100M. No confirmed Mk4/Mk5 exploits yet, but the structure is classified as “dangerous fail-open.” Q model users on firmware before 1.5.0Q are also at risk.
Update to the latest firmware and generate a new seed from scratch. Updating alone does not fix an existing compromised seed. Multisig and BIP-39 passphrase wallets remain unaffected.
The Clarity Act was left off Monday’s Senate floor schedule with the August 10 recess deadline closing in. No cloture motion filed. No unanimous consent in sight. Even if cloture is filed Wednesday, that only allows a Friday vote on whether to proceed, with full debate, amendments, and a 60-vote threshold still to follow. Galaxy Research cut its probability from 50% to 30%. Polymarket sits at 27% YES on $3.78M in volume.
The blocker remains the ethics provision. Democrats want language barring the president and senior officials from profiting off crypto. With Trump’s 2025 crypto earnings reported at $1.4B+, they’re not moving without it. Miss August 10 and the next window is mid-September at best. Thune says he still expects a vote this week. Watch Wednesday.
Bitcoin is trading at $64,331 this morning, up 0.32% on the session and holding inside a descending channel with short-term momentum building off the $63,686 support level. The most recent EngineeringRobo signal is an AI BUY, with the daily and all intraday timeframes reading bullish. The weekly remains bearish, the lone holdout, which tells me we’re in a recovery attempt within a larger structure that hasn’t fully resolved. RSI is neutral at 59.6. Smart Money is OUT, meaning institutional positioning hasn’t committed to this bounce yet.
My bias: CAUTIOUSLY BULLISH. The short-term signals are clean and support has held through two tests. But the weekly bearish read and Smart Money on the sidelines are the reasons I’m not leaning in hard. BTC needs a clear break above $65,000 to shift this from a bounce to a breakout. Until then I’m treating the range as intact.
What I’m watching: A 4H close above $65,000 with conviction volume. That opens the path toward $67,292 — the channel high. On the downside, $63,375 is the level that needs to hold. Lose it and $60,000 comes back into the conversation.
Support: $63,686 → $63,375 | Resistance: $65,000 → $67,292
Signals powered by EngineeringRobo AI
ETH is at $1,876.93 this morning, up 0.21% on the session but underperforming Bitcoin and still inside a tightening descending channel. A series of AI SELL signals capped the recent rally near $1,975, and the most recent signal is an AI BUY off the $1,863 support zone. The weekly and multi-timeframe composite are both bearish; the shorter frames are trying to recover but the structure overhead is heavy. RSI is neutral at 52.2. Smart Money is BALANCE, no conviction from either side right now. Social Intelligence Score is 4, sentiment is quiet.
My bias: NEUTRAL, leaning cautious. ETH is not broken, but it’s not leading either. The divergence between the bullish short-term signals and the bearish weekly is the story. I want to see ETH reclaim $1,885 and hold it before getting constructive. Until then this is a range trade, not a trend.
What I’m watching: A clean close above $1,885 is the first gate. Beyond that, $1,975 is the real test. That’s where the last three AI SELL signals fired. Push through that level with volume and the picture changes. Lose $1,863 and $1,802 is next.
Support: $1,863 → $1,802 | Resistance: $1,885 → $1,975
Signals powered by EngineeringRobo AI
The Original DePIN Protocol — Now with Its Own Layer One
10M+ nodes. A decade of proof-of-work. XYO’s Layer One is built for high-volume data, AI infrastructure, and real-world asset tokenization — with dual tokens $XYO and $XL1. Recently listed on Crypto.com.
Filtered for signal, not noise. CCS articles linked where we’ve covered it in depth.
⭐⭐⭐ BlackRock’s tokenized money-market fund is live on Ethereum. BUIDL now holds $2.93B across 8 chains, with two new products, BSTBL and BRSRV, active this week. BNY Mellon is maintaining official shareholder records on-chain via ERC-20. Moody’s rated BUIDL AAA-mf. The tokenized RWA market has grown 410% since early 2025 and now exceeds $30B.
⭐⭐⭐ Coldcard update: Mk4 and Mk5 now confirmed vulnerable. Block’s engineering disclosure extended the flaw beyond Mk3. Devices on firmware before 5.6.0 are at risk. No confirmed exploits yet on Mk4/Mk5, but treat them as vulnerable. Update firmware and generate a new seed. Full update in the CCS Desk section above.
⭐⭐⭐ ZIGChain tokenized $70M in three months and signed an MOU with ADI Foundation (backed by a $1.5T Abu Dhabi sovereign entity) to build stablecoin-native RWA infrastructure for receivables financing, PayFi, and private credit.
Read the article →
⭐⭐⭐ CLARITY Act: 72-hour window, 27% Polymarket odds. Left off Monday’s Senate floor schedule with the August 10 recess deadline closing in. No cloture filed, no unanimous consent in play. Galaxy Research cut passage probability from 50% to 30%. Democrats blocking over ethics provision. Trump’s $1.4B+ in 2025 crypto earnings is the central sticking point. Miss August 10 and the next window is mid-September at best.
⭐⭐ Wells Fargo and BNY Mellon both made major crypto moves today. Wells Fargo, America’s third-largest bank, is launching tokenized deposits for corporate clients. BNY Mellon, the world’s largest custodian bank, announced crypto staking. Institutional infrastructure is being built in real time, regardless of what Congress does.
⭐⭐ Coldcard hack total crosses $100M. Stolen funds from the exploit now exceed $100 million. The coins remain unspent in attacker-controlled wallets. Mk4 and Mk5 users confirmed at risk. Act now if you haven’t already.
Here’s what I keep coming back to this week. The S&P hit an all-time high AGAIN. Bitcoin held $64K. BlackRock, BNY Mellon, and Wells Fargo all made moves on-chain in the same week. And the Clarity Act is sitting at 27% with 72 hours left. Those things are all happening at the same time, and it tells you something important: the institutions figured out they don’t need to wait for the legislation. The industry will keep moving forward
Bitcoin is holding structure but hasn’t broken out. ETH is waiting for a reason to move. The Coldcard story is still developing and $100M stolen with the coins sitting untouched is the kind of detail that should make everyone uncomfortable. We’ll be watching all of it closely.
Stay sharp this week. A lot can change between now and August 10 (The Senate recess date).
Ashton Addison
CEO, Crypto Coin Show
© 2026 Crypto Coin Show.
This publication is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. Investments in cryptocurrencies involve significant risk including loss of capital. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
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