SNDK 24-hour drawdown of 13%, $1616 chip level takes effect again

[Patrick Witt: Optimistic About the CLARITY Act, Stablecoin Yield Controversy Resurfaces] According to The Block, White House cryptocurrency advisor Patrick Witt expressed optimism and confidence on Tuesday at the SALT conference in Wyoming regarding the eventual passage of the CLARITY Act. Senate Majority Leader Thune has scheduled a procedural vote on the bill for September 15 (UTC+8). Witt stated that discussions with Democrats on areas of disagreement will take place at that time. Senate Banking Committee Chairman Tim Scott pointed out that the stablecoin yield controversy has resurfaced and requires further negotiation. Democrats are pressuring for stronger ethical provisions concerning conflicts of interest related to former President Trump's cryptocurrency holdings. Former President Trump is currently evaluating an ethics proposal introduced by Senators Gallego and Tillis, which includes provisions authorizing state attorneys general to enforce regulations. Senator Lummis remarked that it remains uncertain what decision former President Trump will ultimately make.

OKX has announced the addition of UNITREE (UNITREE) to multiple services, including futures contracts, officially launching on 2026-08-19 at 13:15 (UTC+8). Important Notes: - The UNITREE/USDT perpetual contract will officially launch on August 19, 2026, at 13:15 (UTC+8). - The funding fee settlement cycle is 8 hours. If the rate reaches the upper or lower limit, the settlement frequency will automatically adjust to once per hour. - The availability of this product varies by region. Please confirm in the app whether it is supported in your region.

According to TradingBeats monitoring, the total online liquidation volume of Yushu Technology contract in the past 4 hours reached 6.31 million US dollars, ranking first, with the largest single short liquidation exceeding 570000 US dollars. The 24-hour turnover of the Yushu Technology contract on trade.xyz reached 42.24 million US dollars, with a contract position of 32.02 million US dollars. Currently, the platform has 486 long positions and 728 short positions.

According to official announcements, Binance contracts will be launched on Yushu Technology on August 19, 2026 at 10:45 (UTC+8).

Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, said that the current AI foam existed in the debt of building data centers and the stock valuation of loss making super cloud computing companies and cutting-edge AI laboratories, rather than the AI technology and applications themselves. Arthur Hayes believes in a proxy economy driven by AI agents and believes that the excess computing power in data centers will drive the development of Flop Labs, the AI+encryption project he supports.