$PUMP
Heating UpSnapshot Window: 2026-07-11 21:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 31, Retweets: 12, Likes: 90, Impressions: 9453
Verbatim Community Citations & Social Evidence 2 source posts analyzed
MIKE NOVOGRATZ BELIEVES THE CLARITY ACT WILL GET DONE He says the final obstacle is an ethics provision restricting elected officials from issuing coins or holding crypto without proper disclosures. Once CLARITY passes, he expects a “stampede” of TradFi firms into crypto [Spoken audio]: There's a question about the Clarity Act or the regulatory framework. I would tell you, first of all, I have spent a ton of time in D.C. recently or on the phone with senators. My actually son asked me if I was running for office. I told him, no, no, I'm just beating all these people. People have worked their tail off for 18 months on this. Galaxy has been part of those conversations. Our team, Natalia, down in D.C., is doing an amazing job. Our old guy, Tyler Williams, is working for Scott Besant as the coordinator for the Treasury Department, but there's a whole lot of the crypto community down there, and it's been a complicated story. Republicans ran on being pro-crypto. They really feel like they want to get this done. Democrats are split. The bulk of the party says, let's get crypto off the table so it's not an issue to talk about, and let's do something good in technology for the American economy, right? So, I would say the centrist Democrats are all there. The left wing of the Democratic Party is seeing what is perceived to be a tremendous amount of corruption in the use of crypto from parts of the Trump family or Trump administration. And they're using that to say, wait a minute, this just doesn't feel good. And so, the last sticking point in this bill is what would be called the ethics piece of it. Can we get to yes, and can we put at least some disclosures, restrictions on the president, the vice president, Congress people from issuing their own coin? Can we make sure if they have crypto, it's held in blind trusts? And so that'll be the last bridge to cross. I personally think it'll get dunked. I don't think a group of senators has worked harder on a bill in the last five years. There's been so many hours burned between guys like Senator Gallegos and Senator Warner and Kristen Jildebrand from here in New York, you know, Senator Cortez Mastro on the Democratic side and on the Republican side, you've had Tim Scott and who's leading the committee, but a ton of participation. I think we're going to get it done. And I think that's important because that's going to unleash the next wave of trade-fi guys coming into crypto. It's going to be a stampede. And you've seen it already, there's been a couple transactions, M&A transactions done where trade-fi guys are saying, hey, I've got to get set and it's really set for the tokenization of stocks, the tokenization of mortgages, the tokenization of everything. It will be crypto rails, wallet infrastructure, staking infrastructure, token security that slowly replaces the existing infrastructure that we have. That's happening. And I think this clarity act is a...
Who is driving this Tron Network usage...?! According to @chainspect_app , the @trondao L1 network generated an eye-watering more than $1M in fees on Thursday July 9. This outpaced the world's leading networks like $ETH , $BNB and $SOL , and set a new weekly revenue record for
