Bitcoin price is holding pretty solid at above $65,000 today. The largest cryptocurrency has been trading in a tight range between $64,500 and $65,500 as the market waits for the next catalyst.
But the main crypto news today is not about price action. It is about the Clarity Act. The bill just cleared its biggest hurdle yet.
Let us dig into the crypto news today.
What you'll learn 👉
Trump Agrees to Ethics Provision – Clarity Act Moves Forward
According to The Block, President Donald Trump has agreed to an ethics provision in the CLARITY Act, removing the final major hurdle to advancing the crypto market structure bill toward a Senate vote.
The provision would restrict presidents, vice presidents, members of Congress, and other federal officials from profiting from digital assets while in office.
The bill text is expected to be released in the coming days, with the Senate facing a deadline in the first week of August. If passed, the bill will return to the House before being sent to Trump for signature.
This is a significant development. The ethics provision was the last sticking point in negotiations. With Trump’s agreement, the path to passage is now much clearer.
Eleanor Terrett: White House Agrees on Ethics Package
Crypto journalist Eleanor Terrett confirmed the news:
“I’m hearing from multiple industry sources that the White House has agreed on an ethics package for the Clarity Act and sent the language to certain Senate Republicans this afternoon.”
🚨NEWS: I’m hearing from multiple industry sources that the White House has agreed on an ethics package for the Clarity Act and sent the language to certain Senate Republicans this afternoon.
— Eleanor Terrett (@EleanorTerrett) July 20, 2026
It’s still unclear what the details of the agreement are (I’ve reached out for…
She noted that the details are still unclear, but industry participants are hopeful this could clear the way for updated bill text to be released soon.
Terrett has been one of the most reliable sources on Clarity Act negotiations. Her confirmation adds weight to the reports.
Polymarket Refers Nearly 100 Suspicious Wallets to Law Enforcement
Polymarket said it has strengthened its insider-trading surveillance and referred nearly 100 suspicious wallets to law enforcement.
According to Bloomberg’s analysis of Polysights data, about $200 million in trades on the platform during the first half of 2026 were flagged for characteristics associated with potential insider activity. The flags largely involved geopolitical markets tied to Iran and Venezuela.
This is a significant step for the prediction market platform. It shows that Polymarket is taking compliance seriously and cooperating with law enforcement to maintain market integrity.
Polymarket Refers Nearly 100 Suspicious Wallets to Law Enforcement
— Wu Blockchain (@WuBlockchain) July 21, 2026
Polymarket said it has strengthened its insider-trading surveillance and referred nearly 100 suspicious wallets to law enforcement. According to Bloomberg’s analysis of Polysights data, about $200 million in… pic.twitter.com/DDi1Iuz5M6
Midnight Token Crashes 26% After Whale Selling
Not all crypto news today is positive. Midnight (NIGHT) , Cardano’s privacy-focused partner chain, is down 26% today.
A whale started selling millions of tokens a few hours ago. The wallet has dumped more than 10 million ADA worth of NIGHT tokens and counting. That wallet still holds more than 200 million NIGHT.
The selling pressure has crushed the token price. Midnight is a Cardano ecosystem project, so this is not great news for Cardano holders either. The selling could continue if the whale decides to dump more.
You can read more details about this incident in our today’s piece on why Midnight’s price actually crashed.
Wrap Up
Crypto news today is a mix of positive regulatory developments and negative token-specific news.
The Clarity Act is closer than ever to passage. The ethics provision was the final major hurdle. If the bill passes, it would provide much-needed regulatory clarity for the entire crypto industry.
Polymarket’s compliance move is a positive signal for the prediction market industry. The Midnight token crash is a reminder that crypto is still volatile and whale activity can move markets in unexpected ways.
Bitcoin holding above $65,000 is a sign of strength. The market is waiting for the next catalyst – and the Clarity Act could be exactly that.
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