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Galaxy Digital Lowers CLARITY Act Approval Odds to 60%

Galaxy Digital has reduced its estimate of the likelihood of the CLARITY Act being passed in 2026 from 75% to 60%. The company believes the US Senate should consider the bill in July before the August recess, or the window for its advancement will narrow. Among the key obstacles, Galaxy cites unresolved issues regarding ethics provisions and combating illicit finance.

OpenAI to Launch ChatGPT as a Super App

OpenAI plans to release an updated ChatGPT in the coming weeks as a super app featuring programming tools and AI agents, according to TechCrunch, citing the Financial Times. The company aims to enhance competition with Anthropic among corporate clients and position ChatGPT as an entry point to paid products, including Codex.

JPMorgan Urges Strategy to Rebuild Dollar Reserves

JPMorgan analysts believe Strategy may need to rebuild its dollar reserves to restore investor confidence and alleviate concerns about potential Bitcoin sales. In December 2025, the company established a $1.44 billion reserve for preferred stock payouts and debt servicing. The bank has also adopted a more cautious assessment of digital assets and estimates the likelihood of a U.S. bill on crypto market structure being passed in 2026 at less than 50%.

Arthur Hayes Warns Hyperliquid of TradFi Competition

BitMEX co-founder Arthur Hayes told Decrypt that Hyperliquid could lose market share as TradFi platforms and major crypto exchanges enter the perpetual futures segment. He described the model, where trading fees are used to buy back and burn HYPE, as vulnerable. The platform's open interest in RWA perpetuals reached $3 billion, and Hayes revealed he sold his entire HYPE holdings in less than two months after predicting $150 by August 2026.
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