Galaxy Digital Gives CLARITY Act 50% Chance of Passing as Senate Calendar Shrinks
CoinCentral·60-word summary·1 min read
Galaxy Digital estimates a 50% chance of the CLARITY Act passing in 2026, despite Polymarket odds dropping to 38%. Senator Bernie Moreno expects a crypto bill markup by the end of May. The Senate's shrinking calendar and the American Bankers Association requesting an additional 60 days for stablecoin rule comments are also influencing the legislative outlook.
In early 2026, blockchain-based betting platforms are transforming sportsbook rewards, with a shift from fiat to stablecoins and major tokens. Player incentives like welcome credits, reloads, and rakeback now depend on settlement speed, custody models, and blockchain selection. This evolution reflects the growing integration of crypto into regulated offshore and crypto-native sports betting markets.
In Q1 2026, commodity perpetuals on BitMEX surged 65,463%, reaching a $25 billion trading volume. Silver (XAG) led with 34.8%, followed by crude oil (CL) and gold (XAU). Geopolitical tensions caused Brent oil prices to hit $114 per barrel. The real-world asset (RWA) market value also increased to $7.3 billion.
Hyperliquid (HYPE) remains above $40, trading at approximately $40.95 as of April 23, 2026, after a 3% increase the previous day. Despite a 1.1% rise in the last 24 hours, futures activity has stalled, and a negative funding rate indicates mixed market signals. HYPE's stability reflects cautious trading in the decentralized finance sector.
TON's Catchain 2.0 has reduced block times to 400 milliseconds, enabling payments in one second and real-time trading. The token is priced at $1.35, down 2.04% in the last 24 hours. Staking rewards are increasing, with inflation rising to 3.6%. The update aims to improve network speed and efficiency for decentralized finance activities.
Kenya’s Credit Bank PLC partnered with Anzens to pilot the USDA stablecoin, aiming to reduce cross-border payment fees to 1.5%. This marks a significant step as it could be the first licensed bank in an emerging market to mint and distribute a stablecoin, boosting African financial infrastructure and digital asset adoption.
Aave experienced outflows totaling $15 billion as DeFi risks increased, testing Wall Street confidence. The tokenized market has expanded sixfold over the past two years and is projected to reach a trillion dollars by 2028. Despite significant outflows, the DeFi sector continues to grow rapidly, highlighting ongoing investor interest and market volatility.