Will This Critical White House Meeting Kill the Clarity Act or Make History?

Chart of the Day — Robinhood memecoin launches surge
Trade of the Day — META teasing the breakout
Alpha Leaks — Terawulf full pivots away from BTC
News Roundup — Trump crypto meeting, DTCC tokens, Binance plans

Robinhood Memecoins Reaccelerate

Robinhood Chain continues to be the center of attention for memecoin traders, with new token launches soaring again after a brief dip. This is clear in the chart above on Dune, which shows that there were around 47,000 new tokens launched yesterday.

Robinhood Chain activity initially exploded last week, declined over the weekend when launchpad Noxa shut down its new token launch services, but is now accelerating again as alternative launchpads–the new leader is a platform called Pons–have immediately stepped in to pick up the slack, creating a memecoin launchpad war on the new chain.

Is META Breaking Out?

If META breaks out above the huge symmetrical triangle pattern, then the long position is on, and as it stands, price has been attempting to do that, and is currently above the upper resistance line. Further upwards momentum is not a certainty though, and caution is always strongly advised (stop losses are crucial), but the price action causes us to lean long at the moment.

For the full breakdown on this trade, with entries, stop losses, and price targets, along with regular new setups on a range of other stocks and crypto, go Premium now. Our Inner Circle members have been profiting from trades in both bullish and bearish market conditions, so go premium today to catch our signals.

Stop Missing the Trades That Change Lives

SPECIAL OFFER: Bitunix is now offering an $80 a month rebate for all Inner Circle members. PLUS, a dedicated $5,000 weekly giveaway only for Inner Circle members.

Never been a better time to sign up and know the Big Trades Before They Hit!

While most people are drowning in noise, a quiet group of investors already knows what's coming. They've got the research, the setups, and the edge.

This is the Inner Circle. We cut through the chaos and help deliver real signal.

Start your 7-day free trial right now — and discover what you've been missing.

Ethics Meeting With Trump May Clear Path for Clarity Act

A make-or-break meeting with President Trump this afternoon could unlock long-awaited progress for the Clarity Act, the wide-ranging crypto market structure bill that lawmakers are racing to get across the Senate floor before August.

Ethics rules remain a roadblock for the Act, but a group of key players is heading into the White House to address this issue, with Senators Cynthia Lummis and Bernie Moreno, along with Kristin Smith of the Solana Policy Institute, joining White House crypto adviser Patrick Witt and Chief of Staff Susie Wiles in the sit-down with Trump.

They plan to float ideas for ethics provisions limiting how presidents, vice presidents, members of Congress and other federal officials can profit from digital assets while in office, which is especially relevant with the Trump family’s crypto ventures in the picture (including Trump’s own January 2025 memecoin launch).

It’s being reported that the meeting may be critical for the Clarity Act, while Trump's personal attendance indicates that he is serious about getting a deal done.

Senate Majority Leader John Thune aims to hold a floor vote before the August recess, with updated bill text expected soon, and cleaning up the ethics issue today may potentially clear a path for America’s first comprehensive crypto rules.

DTCC Starts Tokenized Asset Trading

The Depository Trust & Clearing Corporation (DTCC), which clears and settles most US securities trades, started live trades of tokenized stocks and Treasuries on Wednesday.

This shifts its tokenization work from the testing phase into real world use, and nearly 40 financial firms are involved, including JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the New York Stock Exchange, according to the Wall Street Journal.

DTCC's depository already holds more than $114 trillion in securities, and assets that are part of these initial trades include Microsoft and Circle shares, QQQ and SPY, an iShares Treasury Bond ETF, and various Treasuries.

These limited trades are happening now as a precursor to a full launch in October, and when it comes to the mechanics beneath the trading, settlement happens on either Hyperledger Besu, a private network, or on Canton Network, which is a privacy-focused public blockchain built for institutional finance.

Binance Payments Pivot

In an interview with Coindesk, the head of spot trading and derivatives at Binance, Shunyet Jan, has explained that the exchange is aiming to pivot into payment provision and financial services in order to drive further expansion.

This would take the platform beyond only offering crypto trading services (although crypto trading will remain at Binance’s core), and Jan talked about becoming “a super app that involves payment”.

Binance has already added tokenized stocks and ETFs, and Jan emphasized the extent to which stablecoins are now used for payments and money transfers, which indicates how crypto’s scope has changed.

Again then, we have an indication of how crypto rails and traditional finance are tying ever more closely together, even as crypto sentiment remains subdued.

Want to reach 100k+ crypto investors?