๐๐ MARKET INFORMATION UPDATE โ 10/08/2026
๐ฅ BTC is currently trading around $64,900, while the crypto market continues to show many notable developments related to Bitcoin, new regulations, security, and the activities of industry organizations.
๐ Highlights of todayโs news:
โ๏ธ Brazil is preparing to introduce a 24-hour waiting period for certain large crypto transactions.
The Central Bank of Brazil will require VASPs to apply a maximum holding time of up to 24 hours for certain transfers of crypto to foreign platforms or self-custody wallets. The regulation is expected to take effect from 01/01/2027, and it also applies to some fiat-pegged stablecoins.
โ๏ธ Bitcoin shows a sidechain related to BIP-110.
Nodes supporting BIP-110 have begun rejecting blocks that do not signal support for the proposed โanti-spam,โ causing the Bitcoin blockchain to temporarily appear with two branches. However, the BIP-110 chain currently only receives support from a small portion of miners, while the main chain remains significantly ahead.
โ๏ธ The CLARITY Act is pushed to September.
Senate Republican leader John Thune filed cloture paperwork for the CLARITY Act, paving the way for a procedural vote on 15/09/2026 after the U.S. Congress returns from its August recess. The bill still needs at least 60 votes to pass the procedural step in the Senate.
โ๏ธ World Liberty Financial receives $100 million from an entrepreneur under investigation.
According to information reported by The New York Times, World Liberty received about $100 million from entrepreneur Guren โBobbyโ Zhou. He has not been charged, but UK officials say an investigation related to him is still ongoing as of late July. The origin of the $100 million is still unclear.
โ๏ธ BIP-110 continues to spark debate within the Bitcoin community.
The proposal aims to limit certain types of non-financial data being included in Bitcoin blocks over the course of a year. The move by a group of nodes to switch to a separate chain is making the debate about how Bitcoin block space should be used even hotter within the community.
๐ฅ BTC is currently trading around $64,900, while the crypto market continues to show many notable developments related to Bitcoin, new regulations, security, and the activities of industry organizations.
๐ Highlights of todayโs news:
โ๏ธ Brazil is preparing to introduce a 24-hour waiting period for certain large crypto transactions.
The Central Bank of Brazil will require VASPs to apply a maximum holding time of up to 24 hours for certain transfers of crypto to foreign platforms or self-custody wallets. The regulation is expected to take effect from 01/01/2027, and it also applies to some fiat-pegged stablecoins.
โ๏ธ Bitcoin shows a sidechain related to BIP-110.
Nodes supporting BIP-110 have begun rejecting blocks that do not signal support for the proposed โanti-spam,โ causing the Bitcoin blockchain to temporarily appear with two branches. However, the BIP-110 chain currently only receives support from a small portion of miners, while the main chain remains significantly ahead.
โ๏ธ The CLARITY Act is pushed to September.
Senate Republican leader John Thune filed cloture paperwork for the CLARITY Act, paving the way for a procedural vote on 15/09/2026 after the U.S. Congress returns from its August recess. The bill still needs at least 60 votes to pass the procedural step in the Senate.
โ๏ธ World Liberty Financial receives $100 million from an entrepreneur under investigation.
According to information reported by The New York Times, World Liberty received about $100 million from entrepreneur Guren โBobbyโ Zhou. He has not been charged, but UK officials say an investigation related to him is still ongoing as of late July. The origin of the $100 million is still unclear.
โ๏ธ BIP-110 continues to spark debate within the Bitcoin community.
The proposal aims to limit certain types of non-financial data being included in Bitcoin blocks over the course of a year. The move by a group of nodes to switch to a separate chain is making the debate about how Bitcoin block space should be used even hotter within the community.