24H Hot Tokens & Headlines｜Only 54 Addresses Profited Over $100K from Polymarket World Cup Prediction; Trump Agrees to Include Ethics Clause in CLARITY Bill (July 21)
- Key Takeaways: The overall market saw a slight uptick on the day, with performance diverging among hot tokens; 66.7% of addresses in the Polymarket World Cup prediction market are at a loss, with profits concentrated among a few traders; the potential removal of a key clause in the US CLARITY Bill has drawn industry attention, while Russia's crypto regulation bill enters its final review stage.
- Key Elements:
- Hot tokens on CEXs saw broad gains, with BTC up 0.88%, ADA up 2.9%, and KITE up 3.65%. The biggest 24-hour gainer was NAVX (+26.36%).
- Out of over 194,000 addresses in the Polymarket World Cup winner market, 66.7% are at a loss. Only 54 addresses profited over $100,000, with combined profits exceeding $22 million.
- Trump agreed to include an ethics clause in the CLARITY Bill, which could be released as early as Monday. Removing Section 604 could subject non-custodial developers to Bank Secrecy Act obligations.
- The Hyperliquid HIP-4 proposal will support permissionless deployment of result markets. Deployers must stake 500,000 HYPE and can set a maximum fee split of 50%.
- Approximately $764 million in crypto assets were stolen in Q2, with 88.3% involving security vulnerabilities in keys, signers, and infrastructure.
- Circle President Heath Tarbert has sold CRCL shares 10 times since June, cashing out approximately $30.77 million in total without ever increasing his position, contrasting with his "long-term stock price" remarks.
- Russia's State Duma will hold the final review of the crypto regulation bill on Tuesday, proposing an annual purchase cap of approximately $3,800 for non-qualified investors.
1. CEX Hot Coins
CEX Top 10 by Trading Volume & 24h Change:
- BTC: +0.88%
- ETH: +1.89%
- SOL: +1.63%
- XRP: +1.45%
- BNB: +0.44%
- DOGE: -0.39%
- ZEC: +0.31%
- TRX: -0.09%
- ADA: +2.9%
- KITE: +3.65%
24h Gainer List (Data source: OKX):
- NAVX: +26.36%
- BONK: +16.35%
- LDO: +12.04%
- MET: +10.53%
- MON: +9.47%
- XCRCL: +9.26%
- ZAMA: +8.32%
- IRYS: +8.02%
- ACT: +6.88%
- XLITE: +6.74%
24h Crypto-Stock Gainer List (Data source: msx.com):
- AMC.M: +25.77%
- GREE.M: +23.98%
- IREN.M: +22.07%
- CIFR.M: +17.31%
- CLSK.M: +11.51%
- XE.M: +11.2%
- HUT.M: +10.99%
- GAME.M: +10.08%
- BTBT.M: +10%
- GLXY.M: +9.8%
2. Top 5 On-Chain Meme Coins (Data source: GMGN):
- REAL (Robinhood Chain)
- BUTTERCOIN (Robinhood Chain)
- NILF (Robinhood Chain)
- z (BSC)
- Pasteur (BSC)
Headlines
Among over 194,000 unique trading addresses in Polymarket's World Cup winner prediction market, nearly 130,000 addresses predicted incorrectly and realized losses, accounting for 66.7% of all addresses. Of these, 114,000 addresses lost less than $100, with an average loss under $10; 43 addresses lost over $100,000, with total losses exceeding $15 million. On the profit side, most addresses earned less than $100, with an average profit under $5; large gains primarily came from a few traders, with 54 addresses earning over $100,000, collectively profiting over $22 million.
Trump Agrees to Include Ethics Clause in CLARITY Act
According to an industry source, President Trump has agreed to include an ethics clause in the CLARITY Act. Another source stated that the bill text could be released as early as Monday evening but is likely to be delayed, adding that the longer the wait, the more likely the bill will gain bipartisan support.
Hyperliquid HIP-4 to Support Permissionless Deployment of Outcome Markets, Up to 50% Fee Split
Hyperliquid stated that HIP-4 will support permissionless deployment in a future network upgrade, first on testnet, then mainnet. Similar to spot and token deployment, HIP-4 technology will require thorough testing in a validator deployment environment before expanding to permissionless deployment. The staking requirement for HIP-4 deployers is 500,000 HYPE. If a market is undefined, settlement does not comply with templates, or settlement is not completed within a week, validators can vote to slash the stake.
Like HIP-3, deployer stakes will be locked for 6 months. To unstake, deployers must settle all markets. HIP-4 deployers will be able to set a fee split of up to 50% in deployed markets, with fee configuration functionality to be released as a subsequent feature.
Industry News
CLARITY Act Removal of Section 604 Could Subject Non-Custodial Developers to Bank Secrecy Act
Industry organizations Coin Center and Blockchain Association listed Section 604 as a key provision protecting open-source innovation. The clause aims to prevent non-custodial blockchain developers, node operators, and validators from being classified as federal money transmitters.
CertiK's Head of US Government Affairs, Stefan Muehlbauer, stated that removing Section 604 could conflate software development with financial services, subjecting developers to the Bank Secrecy Act and raising First Amendment constitutional challenges.
Iran's Foreign Ministry Confirms Receipt of Mediator's Proposal, Details Withheld
On July 20, local time, Iranian Foreign Ministry Spokesperson Baghaei confirmed at a press conference that a mediator's proposal had been received but declined to provide details. Additionally, Baghaei strongly condemned US military attacks on Iranian medical centers, bridges, and other infrastructure.
Russian State Duma to Hold Final Review of Crypto Regulation Bill on Tuesday
The Russian State Duma will hold the second and third readings of the cryptocurrency regulation bill on Tuesday. The bill, titled 'Digital Currency and Digital Rights,' includes rules for investors and provisions related to cross-border payments.
The bill proposes restrictions for non-qualified investors, including an annual cryptocurrency purchase cap of 300,000 rubles (approximately $3,800) via a single intermediary and a cross-border transfer limit of 100,000 rubles. For qualified investors, the purchase cap is 3 million rubles, and the cross-border transfer limit is 1 million rubles.
Hong Kong Stock Exchange Considers Extending Trading Hours, Canceling Lunch Break
The Hong Kong Stock Exchange is considering extending stock trading hours and canceling the lunch break. In response, HKEX stated that it has always been committed to enhancing Hong Kong's competitiveness as an international financial center and is currently researching multiple measures to improve market convenience, including extending trading hours. However, the current priority is studying the proposal to extend derivatives market trading hours, not stock trading hours.
In its Q2 2026 Security & Compliance Report, Hacken stated that institutional investors are expanding their due diligence scope from smart contract audits to continuous monitoring, signer controls, and incident response preparedness. Of the 1,427 projects it tracked, only 9% had third-party monitoring, and 4% had both monitoring, active bug bounties, and security audits. The report shows that of the approximately $764 million stolen in Q2, 88.3% involved compromised keys, signers, and infrastructure.
Project News
Between January and June 2026, approximately $200 million in bets on the Polymarket platform were flagged as having suspected insider trading characteristics. Related trades were primarily concentrated on geopolitical events such as the Iran war and the Venezuela situation.
The online lottery results show 7,702,207 winning numbers were drawn, with each winning number entitled to subscribe for 500 shares of ChangXin Memory Technologies A-shares. All 10,907 validly quoted placement objects managed by 285 offline investors subscribed offline as per the Offering Announcement. The total valid offline subscription volume was 123,822,210 thousand shares, of which Class A investors validly subscribed for 107,837,530 thousand shares, accounting for 87.09% of the total valid offline subscription volume; Class B investors validly subscribed for 15,984,680 thousand shares, accounting for 12.91%.
Last week, in an interview, Circle President Heath Tarbert responded to questions about CRCL's stock price falling from $260 to $62. Heath Tarbert stated at the time that the company is focusing on long-term development and that if it can fulfill its mission of building a full-stack internet platform infrastructure, the stock price will reflect this in the long run.
However, Circle Form 4 filings show that since his first sale of CRCL in June 2025, Heath Tarbert has sold CRCL a total of 10 times, cashing out approximately $30.77 million, with no record of any position additions.
Tether Gold Recognized by Abu Dhabi Global Market as an Accepted Spot Commodity
Stablecoin issuer Tether announced that its gold-backed token, Tether Gold (XAU₮), has been recognized as an "Accepted Spot Commodity" by the Abu Dhabi Global Market (ADGM), opening a channel for compliant companies within ADGM to offer XAU₮-related services.
Fundraising
AI Security Startup Neo Raises $100M Led by a16z and Bessemer Venture Partners
AI security startup Neo announced a $100 million funding round led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures.
AI Infrastructure Startup Infinity Raises $15M, Touring Capital Among Participants
AI inference infrastructure startup Infinity announced a $15 million funding round at a company valuation of $100 million. Investors in this round include Touring Capital, Principal VC, and researchers from organizations like OpenAI and Anthropic. The company is developing a universal inference library that enables different AI chips to automatically reproduce cutting-edge AI research results and improve hardware performance through software optimization.
People & Voices
Bitmine Chairman Tom Lee stated that the company's recent slowing in ETH purchases was due to a simultaneous large-scale stock buyback. However, since launching the ETH Treasury Strategy on June 30, 2025, the company has maintained a weekly ETH buying pace. Bitmine repurchased approximately 5.5 million common shares over the past week at an average repurchase price of $15.6156 per share, a move intended to enhance shareholder value. Additionally, Bitmine's proprietary staking business generated a yield of 2.67% (annualized) over the past 7 days and will continue to strengthen its digital asset treasury strategy by expanding its ETH reserve size and staking returns.
Coinbase CEO Brian Armstrong addressed recent controversy surrounding his X profile picture change and the "unsupported" claims about the Base community. He thanked the community for feedback and acknowledged a lack of clarity in communication expectations. Users should not interpret his personal X account content as investment advice or signals for individual tokens. He stated that he merely shares internet content he finds interesting or amusing, and may not even be aware if the content is associated with a specific token or project. He emphasized that his tweets and profile picture changes do not represent endorsements of or commitments to any project.
