Crypto Week Ahead: CLARITY Act Timeline, SpaceX and Circle Earnings in Focus

Crypto Week Ahead: CLARITY Act Timeline, SpaceX and Circle Earnings in Focus

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News Editor
2026-08-02 06:09:10
The week of Aug. 3 to Aug. 9 is packed with events that could draw attention across crypto, mining and broader risk markets. On the corporate side, American Bitcoin, Hut 8, SpaceX and Circle are all scheduled to release quarterly results, with several management calls and webcasts set alongside the filings. Operational changes are also due, including Zapper’s full shutdown, Ctrl Wallet’s closure, LayerZero’s retirement of its v1 relayer, and Upbit’s delisting of AQT and AERGO. Policy and macro are central to the calendar as well. In Washington, negotiations around the CLARITY Act and a bipartisan ethics counterproposal are approaching an Aug. 7 deadline before the Senate recess, with the bill still needing 60 votes for a full Senate vote. The U.S. July nonfarm payrolls report is also due on Aug. 7, covering unemployment, payroll growth and wage data. Elsewhere, SpaceX’s first major stock unlock is expected on Aug. 6 following its earnings release, Bitcoin News says BIP-110 mandatory signaling may start around Aug. 8, and RippleX says XRP Ledger’s next xrpld 3.3.0 release is planned for next week with five new features for validators.

The crypto market and adjacent capital markets face a crowded calendar from Aug. 3 to Aug. 9, with attention centered on the CLARITY Act’s path in the Senate, earnings from SpaceX and Circle, and the upcoming U.S. July nonfarm payrolls report.

Aug. 3: American Bitcoin earnings, Zapper shutdown, Ctrl Wallet closure

American Bitcoin, the Trump family-linked Bitcoin mining company also referred to as ABTC, said it will publish its full second-quarter results before the U.S. stock market opens on Aug. 3 Eastern Time. Management will host an online conference call and webcast at 8:30 a.m. the same day to review mining output, Bitcoin holdings, operating income and expenses, and other core metrics.

DeFi portfolio tracker Zapper is also set to shut down completely on Aug. 3. Chief executive Seb Audet said the company chose an orderly wind-down after nearly seven years in operation. Its website, mobile apps and API services will all go offline that day. Founded in 2019, Zapper was once a widely used DeFi portfolio tracking product with features including liquidity pool monitoring, yield farming tracking, DEX aggregation and NFT support. At its peak, the project had 2 million monthly active users and processed more than $13 billion in transaction volume. Zapper previously raised a $15 million Series A led by Framework Ventures, with Mark Cuban among the investors. Audet said the company reviewed multiple options and concluded that an orderly shutdown was the best path.

Crypto wallet app Ctrl Wallet will cease operations on Aug. 3 and has already been removed from the App Store, Play Store and browser extension marketplaces. Users who already installed the app can continue using it through Aug. 2. Starting Aug. 3, send, receive, swap and dApp connection functions will no longer work, with export features remaining available.

LayerZero will retire the relayer serving v1, or ULNv2, on Aug. 3. Teams still using ULNv2 need to repoint to ULNv301 or message delivery will stop.

South Korean crypto exchange Upbit will delist Alpha Quark (AQT) and Aergo (AERGO) on Aug. 3. The exchange had designated both tokens as trading caution items on June 18 and later determined that the issues identified had not been resolved.

Aug. 4: SpaceX and Hut 8 report results

SpaceX said on X that it will release its financial and operating results for the second quarter of 2026 on Aug. 4, 2026.

Bitcoin miner Hut 8 said it will report second-quarter 2026 financial results before the U.S. market opens on Aug. 4, 2026. The company also plans an earnings conference call and webcast at 8:30 a.m. Eastern Time that morning to discuss results and business developments.

Areas to watch include Hut 8’s Bitcoin mining capacity expansion, data center operations, AI infrastructure buildout and digital asset holdings. The company has been pushing a transition from a single-focus mining business toward a broader digital infrastructure operator.

Aug. 5: Circle earnings and Unitree filing schedule

Circle Internet Group, Inc. said it will release second-quarter 2026 financial results on Aug. 5, 2026. The company will host a video webcast at 20:00 Beijing time on Aug. 5 to discuss financial performance and business progress for the quarter.

Unitree said in a filing that its initial public offering and listing on Shanghai’s STAR Market will combine strategic placement, offline distribution and online distribution. The company plans to issue 40.446434 million shares, representing 10% of total share capital after the offering, with post-offering total share capital at 404.464340 million shares. The preliminary inquiry date is Aug. 5, 2026, and the offline subscription date is Aug. 10, 2026. Unitree also disclosed a special voting rights structure under which actual controller Wang Xingxing will control 68.78% of the company’s voting rights.

Aug. 6: SpaceX stock unlock countdown

Under SpaceX’s previously disclosed prospectus terms, eligible insider shares begin unlocking two days after the company releases its second-quarter 2026 results. That puts the first large unlock on Aug. 6.

According to the schedule, 8% of total share capital will be unlocked on Aug. 6, equal to 20% of the early locked pool. If the stock is up 30% from the IPO price and that threshold is met on five out of 10 trading days, another 10% may be unlocked, bringing the maximum unlocked proportion that day to 12%.

Additional 2.8% unlocks are scheduled for Aug. 21, Sept. 10, Sept. 25, Oct. 12 and Oct. 26 before the release of SpaceX’s third-quarter 2026 results.

Aug. 7: U.S. payrolls and the CLARITY Act deadline

The United States will publish its July nonfarm payrolls report at 20:30 on Aug. 7. The release will include the July unemployment rate, seasonally adjusted nonfarm payrolls, average hourly earnings growth on a yearly basis and average hourly earnings growth on a monthly basis. After a weak June increase of 57,000 jobs, analysts forecast a July gain of 90,000.

The CLARITY Act also faces a key moment that day. President Donald Trump is weighing a bipartisan ethics counterproposal tied to the bill, while Senate negotiators need to settle crypto conflict-of-interest rules before the Aug. 7 recess. The legislation would create a federal framework for crypto companies by dividing responsibilities between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.

Republican Senator Thom Tillis and Democratic Senator Ruben Gallego submitted a state attorneys general enforcement plan to the White House on July 29. The proposal would let state-level authorities enforce a ban on federal officials issuing or sponsoring digital tokens, rather than leaving violations solely to the Department of Justice.

The U.S. House passed its version of the bill on July 17 by a vote of 294 to 134, with more than 70 Democrats backing it. The Senate has not yet held a full floor vote. The bill needs 60 votes to pass, meaning that even if all Republicans support it, at least seven Democrats would still need to vote yes.

Elon Musk also said Grok 4.6 is expected around Aug. 7. He said the release will use a 1.5 trillion-parameter model and will show notable gains in supervised fine-tuning, or SFT, and reinforcement learning, or RL. Grok 4.7 is expected a few weeks later with a 2.1 trillion-parameter model. Musk said that version will outperform Grok 4.6 across the board, though inference will be somewhat slower while token efficiency improves.

Aug. 8 to Aug. 9: BIP-110 signaling starts, no major event listed for Aug. 9

Bitcoin News said on X that mandatory signaling for BIP-110 is expected to begin around Aug. 8. It said a dashboard can be used to track differences between the legacy chain and the BIP-110 chain.

No major event was listed for Aug. 9.

Other pending items: possible Senate vote on CLARITY, XRP Ledger upgrade

A revised draft of the CLARITY Act has also been released. It combines versions from the Senate Banking Committee and the Senate Agriculture Committee and adds ethics provisions for the first time. A motion to proceed is expected on Monday or Tuesday, and a full Senate vote could come during the week of Aug. 3.

RippleX Head of Product Jazzi Cooper said on X that XRP Ledger’s next release, xrpld 3.3.0, will arrive next week. The update is set to bring validators five new features: confidential MPT, batch transactions, permission delegation, fee sponsorship and reserves, and dynamic MPT.

Two of those amendments, batch transactions and permission delegation, were previously pulled on an emergency basis after security researchers found serious vulnerabilities. Cooper said XRP Ledger is already capable of supporting tokenized assets at scale and that the upgrade will help expand their use in global transfers, trading, collateralization and settlement.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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