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Banks Attack, Crypto SNOOZES? 🚨 Crypto Market Update

DeFi Daily News by DeFi Daily News
August 17, 2026
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Bessent just put a 60-day clock on the CLARITY Act before the September 15 vote — and while the banking lobby runs a full-court press, the crypto industry has gone silent. We break down this week’s meetings, Galaxy’s cut odds, why the SEC meeting may be a nothing burger, plus Saylor’s MSCI response, UBS loading up on IBIT, and Tom Lee’s latest.

~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul

00:00 intro
00:10 Sponsor: iTrust Capital
00:50 Wednesday
02:20 Matt Hougan on winners and losers
04:00 Wheres Lummis?
04:15 Bessent: 60 days
05:00 ABA Bankers propaganda
06:15 Matt Hougan: CLARITY will never die and never pass
07:30 Saylor sells MSTR
08:00 Strategy responds to MCSI
08:45 Matt Hougan: Biggest narratives are not on twitter
10:30 UBS loads up IBIT
11:00 Tom Lee nearing 5%
12:00 Things to watch this week

~Banks Attack, Crypto SNOOZES? 🚨 Crypto Market Update~
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Join our community!

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Tags: ABAaltcoinsAttackbank lobbybanking lobbybanksBitcoinclarity actcoinbaseCryptocrypto newscrypto policycrypto regulationcynthia lummisEthereumGalaxy DigitalJamie DimonMarketmatt houganmichael saylorMSCIScott BessentSECSenate crypto billSNOOZESstablecoin yieldsStrategytom leeUpdate
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