Crypto News Today: Senate Advances CLARITY Act as Bitcoin ETFs Post Best Week Since April

Last Updated: August 10, 2026

Today’s crypto headlines are led by the Senate’s procedural push forward on the CLARITY Act, the strongest weekly Bitcoin and Ethereum ETF inflows since April, and a busy week ahead featuring the July CPI report, major industry conferences, and a large token unlock.

Key Takeaways

• The Senate filed a motion to proceed on the CLARITY Act on August 9, its farthest procedural step yet, setting up a possible vote around September 14.
• US spot Bitcoin ETFs pulled in $854 million between August 3 and 7, their best week since April, while Ethereum ETFs added $245 million over the same period.
• A minority-chain Bitcoin fork attempt called BIP-110 mined two blocks before stalling roughly seven blocks behind the main network.
• Hedera joined Mastercard’s Crypto Partner Program, while Zcash confirmed its NU7 governance vote will begin August 25 with a 1 million ZEC quorum requirement.
• A US congressman introduced a bill proposing a strategic Bitcoin reserve with no capital gains tax on qualifying holdings.

Today’s Top Stories

Senate files motion to advance CLARITY Act. In the early hours of August 9, the Senate filed a motion to proceed on the crypto market-structure bill, its farthest procedural progress since talks stalled ahead of the summer recess. A possible floor vote is now expected around September 14, though Republicans’ 51 confirmed votes remain short of the 60 needed for cloture, meaning they’ll need support from at least seven Democrats or independents. Unresolved ethics provisions could still complicate negotiations. Separately, Senators Ruben Gallego and Thom Tillis introduced a bill that would limit federal officials’ ability to issue digital assets and require the president to divest crypto business interests.

Bitcoin and Ethereum ETFs post best week since April. US spot Bitcoin ETFs recorded $854 million in net inflows between August 3 and 7, led by BlackRock’s IBIT, while Ethereum ETFs added $245 million over the same period. Combined, the two asset classes pulled in $1.1 billion for the week, extending Bitcoin’s streak to five consecutive weeks of positive flows.

BIP-110 fork attempt fizzles out. A minority-chain Bitcoin fork called BIP-110 mined two blocks before stalling roughly seven blocks behind the main network, having drawn only minimal miner support. The attempt sparked debate over unilateral protocol changes but had no meaningful impact on Bitcoin’s price or network security.

Hedera joins Mastercard’s Crypto Partner Program. Hedera became an official member of Mastercard’s Crypto Partner Program, with plans to support B2B transactions, cross-border transfers, and payment settlement. The news follows Hedera’s network recently surpassing 70 billion total transactions, though HBAR’s price has continued to lag the announcement.

Zcash confirms NU7 vote details. Zcash’s August 25 coinholder vote on its NU7 upgrade will require at least 1 million ZEC in participation to be considered legitimate, with an eligibility snapshot set for August 24. The vote will decide on issuance policy, fee reissuance timing, deprecation of the legacy Sprout format, and a potential cut to block times from 75 to 25 seconds.

Congressman proposes strategic Bitcoin reserve bill. A US congressman introduced legislation proposing a federal strategic Bitcoin reserve, with a provision eliminating capital gains tax on qualifying Bitcoin holdings, adding to the growing list of Bitcoin-related proposals circulating in Congress this year.

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What This Means for the Days Ahead

With no major legislative deadline this week, Wednesday’s July CPI report becomes the dominant near-term catalyst for both crypto and broader markets. The week also features a back-loaded slate of token unlocks led by YZY’s roughly 23% supply release on Sunday, along with major industry conferences including Blockchain Rio (August 11-13) and Indonesia Blockchain Week (August 12-13).

Compare Crypto Prices Today

Asset	Price Page
Bitcoin	Bitcoin Price
Ethereum	Ethereum Price
XRP	XRP Price
Solana	Solana Price
BNB	BNB Price
TRON	TRON Price

Where to Buy Crypto

Cryptocurrencies can be bought on major exchanges including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX, and Bybit.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile; always do your own research before investing.