Polymarket User Adds Over $800,000 to Market on Clarity Act

cryptonews.ru2026-08-24 tarihinde yayınlandı2026-08-24 tarihinde güncellendi

Özet

A user on Polymarket has placed a large bet exceeding $800,000 predicting that the U.S. CLARITY Act will not pass by the end of 2026. The trader, VelvetNova27, made the wager when the "No" outcome probability was at 77%. The position has already gained over $82,000 in value with more than four months remaining in the year. The CLARITY Act, intended to establish a regulatory framework for digital assets, faces significant criticism from both the crypto industry and the banking sector. Despite ongoing amendments, the bill fails to satisfy key stakeholders. Critics include Coinbase's CEO, who has expressed frustration with legislative delays and hinted at moving business out of the U.S., and Cardano founder Charles Hoskinson, who is disappointed by Ripple CEO Brad Garlinghouse's support for the initiative. Market sentiment on Polymarket has shifted dramatically. While the probability of the act passing in 2026 exceeded 80% in February, it has consistently declined since May, dropping to 14% by late August. This downturn is attributed to the U.S. legislative recess and uncertainty surrounding the midterm elections.

Today, a Polymarket user placed a large bet that the American CLARITY Act will not be passed by the end of 2026.

Trader VelvetNova27 wagered $818,130 on this outcome, while the "No" probability at the time of opening the position was 77%, according to data from Predictbook.

The recent changes in the odds for the CLARITY Act mean the bet has already increased in value by $82,078, even though there are just over four months remaining until the end of the year.

Attitudes towards the CLARITY Act bill are negative both in the crypto industry and in the banking sector. Meanwhile, its goal is to create a regulatory framework for digital assets.

In an attempt to please both opposing sides, the document is constantly being amended, but even these amendments do not find approval. For instance, the CEO of the American crypto exchange Coinbase is dissatisfied with the slowness of legislators. Because of this, the company may move its business outside the United States.

Cardano (ADA) blockchain founder Charles Hoskinson is also critical of this law and is extremely disappointed that Ripple's Brad Garlinghouse has supported this initiative.

Sentiment regarding the CLARITY Act on Polymarket has changed noticeably: in February, the probability of its passage in 2026 exceeded 80%, but since May, this figure has been steadily declining. On August 24, it dropped to 14%, which is explained by the recess of American lawmakers and the uncertainty surrounding the midterm elections.

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İlgili Sorular

QWhat was the size and prediction of the large Polymarket bet mentioned in the article?

AA user named VelvetNova27 made a large bet of $818,130, predicting that the U.S. CLARITY Act will NOT be passed by the end of 2026.

QWhy is the CLARITY Act facing criticism from the crypto and banking industries, according to the article?

AThe CLARITY Act faces negative sentiment from both the crypto industry and the banking sector because, while its goal is to create a regulatory framework for digital assets, its amendments fail to gain approval from either side, pleasing no one.

QWhat consequence did the article mention regarding Coinbase's potential response to the legislative delays?

ADue to dissatisfaction with the slowness of legislators, Coinbase may move its business outside of the United States.

QWho criticized the CLARITY Act and was disappointed by Ripple's support for it, as per the article?

ACharles Hoskinson, the founder of the Cardano (ADA) blockchain, criticized the CLARITY Act and was extremely disappointed that Ripple's Brad Garlinghouse supported the initiative.

QHow have the odds of the CLARITY Act's passage changed on Polymarket from February to August, and what reasons were given?

AOn Polymarket, the probability of the CLARITY Act passing in 2026 fell from over 80% in February to 14% on August 24th. This decline is attributed to U.S. lawmakers' summer recess and uncertainty surrounding the midterm elections.

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