4 Price(4)

The July 4 deadline for the CLARITY Act's passage appears set to lapse without approval, following nearly a year of delays since the House passed it in July 2025. The current holdup stems from President Donald Trump using the bill as leverage in broader negotiations. He recently called off the signing ceremony for the bipartisan 21st Century ROAD to Housing Act, having previously stated he would not sign other bills until Republicans pass the SAVE America Act. This creates a Senate scheduling crunch, squeezing the CLARITY Act's chances before the August recess. Despite Trump's move, Senator Tim Scott and others express hope for advancing the crypto market structure bill quickly, citing a bipartisan Senate Banking Committee proposal. The urgency is driven by concerns that prolonged regulatory uncertainty could push the crypto ecosystem to other nations. However, the bill risks losing momentum if Republicans cannot secure the required 60 votes before the recess, potentially delaying it until 2027. Galaxy Research has consequently lowered its outlook for the Act's passage from 60% to 50%.

Audiera (BEAT) experienced a 12.4% price drop in 24 hours, with Open Interest falling 19.85%. Despite a 50% surge a week prior, the token failed to break past the $3.70 resistance and reach $4. The funding rate turned negative, indicating bearish sentiment. While the long-term structure remains bullish with a key low at $0.94 intact, technical indicators signal short-term weakness. The Chaikin Money Flow (CMF) is negative, showing capital outflows, and the MACD is bearish. Price action was rejected from a key supply zone (Fair Value Gap) between $3.04 and $3.68. Analysis of the 4-hour chart and liquidation heatmaps suggests a likely correction toward the $1.50 support level. The immediate trader recommendation is to wait. The bullish long-term trend conflicts with the current bearish momentum, leaving the market to determine if buyers can defend the $1.50 zone or if prices will fall further.

On July 4th, Doubao and Tongyi Qianwen announced the impending shutdown of their user-created "AI Agent" features. Doubao confirmed its agent feature will be taken offline on July 15, directing users to ByteDance's CatBox app for similar needs. On the same day, Tongyi Qianwen notified users, specifying that personalized interactive agents and user-built agent functions will cease on July 10, with all agent features and services completely deactivated by July 15. After this date, access to agent configurations and historical chat records will be lost. This adjustment impacts core user scenarios like role-playing, personal assistants, and vertical tool agents. The shutdown date coincides with the official implementation of China's "Interim Measures for the Administration of Artificial Intelligence Human-like Interactive Services" on July 15. The new regulations impose strict rules on "human-like emotional interaction services," requiring platforms to implement measures like anti-addiction systems, minor verification, and content moderation. This move is widely seen as a proactive step by the platforms to align with regulatory timelines and mitigate compliance risks. Additionally, commercial challenges are a key driver. Analysis suggests that casual, human-like chat agents generate high-frequency, low-value interactions, leading to high computational costs with poor monetization. As the AI application market shifts from user growth to proving value, sustaining such "high-cost, low-efficiency" user-generated content becomes difficult. Both platforms have outlined transition plans. Doubao will allow data viewing and self-backup for a period after shutdown, with data scheduled for permanent deletion by October 15. Tongyi Qianwen similarly advised users to save important content via copying or screenshots before the deadline. This strategic retreat from C-end agent features signals a broader market shift. Compliance capability and sustainable business models are replacing user scale and feature richness as the new core competitive dimensions. Tongyi Qianwen's recent move to fully open its Agent and Skill platforms to third-party enterprises and developers further underscores a strategic pivot from low-value C-end services to high-value B-end enterprise scenarios.

Ethereum has entered a new development phase with the introduction of the 'Lean Ethereum' roadmap, a multi-year overhaul aiming to reshape the network's core protocol over the next 3-4 years. The plan focuses on major technical upgrades to improve scalability, security, and long-term resilience. Key components include implementing recursive STARKs, quantum-safe cryptography to guard against future threats, a multidimensional gas model, and a redesigned state architecture using Verkle trees. These changes aim to significantly increase transaction throughput, lower costs, and improve finality speed while maintaining backward compatibility. Infrastructure development is already underway, with initiatives like post-quantum secure devnets and the Glamsterdam upgrade laying the groundwork. Efforts are also focused on scalable state management and increasing the network's gas limits. The overarching goal is to future-proof Ethereum, enabling it to scale efficiently and securely throughout the next decade with minimal disruption to existing applications.

The CLARITY Act, a key cryptocurrency market structure bill, missed its July 4 signing deadline. With Congress shifting focus to campaigning, the new target is August 7 before the summer recess. Senator Cynthia Lummis urged action, calling the act "this generation’s contribution" to American innovation. Proponents argue the bill would eliminate regulatory ambiguity, spur new products, and attract capital. Market sentiment remains cautiously optimistic, though prediction markets show approval odds dropping to 48%. Support comes from entities like the National Organization of Black Law Enforcement Executives, while the Major County Sheriffs of America shifted to a neutral stance. However, political hurdles remain, notably from former President Donald Trump's stance on prioritizing other legislation. The bill's fate is uncertain as lawmakers work to reconcile differences between committee versions ahead of the tight legislative window.