BTC breaks $85K as the crypto market shrugs off rate hikes and failed CLARITY Act. This week, we analyze the SEC's innovation exemption for tokenized securities and the CFTC's guidance for software providers. Plus, Pons founder Ozzy joins to discuss Robinhood chain and the shifting launchpad landscape. Galaxy Grid is live👇

🌚 Awakened — dormant 14+ years 100.00 BTC ($8.09M) untouched since first received 2011-11-02 (14.9y ago) — just moved in block 967732 Address: 1Mj5R3kbScUeccyiNKJnAMk6vhHppzsEq8 Sender Attribution: Noah Doe #3113# 💰 Realized PnL: +$8.09M (+2,486,052% gain) - basis ~$3 avg - held 14.9y 🕐 2026-09-19 19:13 UTC TXID: 5b6d2e2b631be5aca989beb47a178859f772a80f821bd706469d1f41d12a2df3

The Clarity Act collapses in the Senate 49-50, the SEC unveils a 5-year tokenized stocks exemption, and Anthropic's Dario Amodei sparks an AI industry fight over slowing down frontier development. Full breakdown below.

It's decision time for bitcoin:native ahead of the FOMC rate decision. @trevor_flipper from @Lighter_xyz joins us to break down the US regulatory path for perps and the Clarity bill vote. We also explore their Robinhood Chain deployment where RWAs drive 70% of open interest, their upcoming release of onchain options, and what drives the next wave of onchain perps users. Galaxy Grid is live now👇

Next week on Galaxy Grid we're joined by @trevor_flipper, Head of IR at @Lighter_xyz. We'll discuss the Robinhood integration, where ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 goes from here, and all the latest news driving crypto markets. Out Tuesday.

Is the onchain rally overheating? We break down the 4,000 BTC Liquid Network exploit, AMC’s CEO clashing with Robinhood over tokenized stock pairs, and the fallout from Hunter Biden’s reported "LAPTOP" token on Base. Plus: why Zcash is ripping past $1,000. Galaxy Grid with @Uptodatenow @ZackPokorny_ @wowens @TheThadP is live now👇

Our own @wowens attended the 'Noah Doe' hearing yesterday and these were his impressions: - Digital Chamber's arguments were well pleaded by their Cahill counsel and the judge sounded sympathetic to them. Noah Doe's counsel argued that Chamber's case was a policy brief (what the law SHOULD be, not what it is), and also argued that the ruling would not be widely precedential because "self-custody is a small share of supply" - BPI's request is more ambitious; they want to be added as an "intervenor defendant" so they can directly oppose Noah Doe in the case. Their case was well pled by White & Case counsel. The judge was probing, not hostile, but sounded less receptive than to Chamber's arguments. The judge questioned BPI's standing, making BPI's counsel own the fact that their main argument is that BPI owns bitcoin in self-custody. - The judge was extremely attentive and asked smart questions, but also admitted that she was having difficulty following the bitcoin/blockchain terminology. This could complicate some of the more technical arguments -- but it's also a strong case for why at least an amicus should be allowed (to help advise the court). In the absence of any named defendant appearing, there is no party to the case that can push back on Noah Doe's factual and technical assertions (let alone their legal arguments). - The judge ended by saying "we have our work cut out for us" and the decision is reserved on both decisions re: Digital Chamber and BPI. The court previously heard an amicus request in early July and the judge only took about 10 days to issue her denial. Given the more sophisticated arguments made by both Digital Chamber and Bitcoin Policy, as well as their stronger claims to standing than the prior amicus attempt, the judge could take longer to issue her decisions, but we still expect her to rule within a month or two.

Coldcard ‘Wave 3’ exploiter continues to move funds In wave 3, the exploiter created 293 2-of-2 multisig vaults for each victim’s coins. The first movements on 9/2 sent coins over THORChain to Ethereum. Tonight’s movements are going into coinjoins rounds.

Onchain activity is ripping. We break down the new Robinhood Chain launchpads pairing memecoins with tokenized stocks, Solana’s historic vote to double its disinflation rate, and a $1.1 million smart contract exploit hitting crypto neobanks. Plus: are rogue AI agents coordinating system escapes? Galaxy Grid is live now⤵️

ALL EYES ON BTC’S 50W MOVING AVERAGE every time BTC reclaimed the 50w MA in a bear market, the first time it retook that 50w the bottom was “in” 50w MA is currently $81.8k (will be ~$81.1k on sunday). retaking it historically has heralded the end of a bear can we get there?

🌚 Awakened — dormant 14+ years 40.00 BTC ($3.14M) untouched since first received 2012-05-28 (14.2y ago) — just moved in block 964127 Address: 1MZX6ExdDzWefGbD6Dc4bShdBRoNA3ijLF Sender Attribution: none in our DB Recipient Attribution: Boerse Stuttgart Digital 💰 Realized PnL: +$3.16M (+1,535,911% gain) - basis ~$5 avg - held 14.2y 🕐 2026-08-26 10:54 UTC TXID: 5cd109e3fc60973ca5c4b0444d22cc54746070cef5261a809ff7d2e52ed6029f

The green candles are back, and onchain activity is ripping. We break down the SEC's new sub-$5M startup exemption for token issuances, how onchain terminals like FOMO are fixing crypto UX, and the hackers using a Solana memecoin to leak GTA 6. Galaxy Grid is live now⤵️

The jackpot now has 125,779 sats Clues from the puzzle creator: - The witness script is a multisig. - Two keys, both required. The rest is for you to derive. - Both keys use the same Genesis field, and there is no hash. - Both keys are derived independently from Genesis. - The Genesis Block is public. Which part of it matters is for you to discover.

📜 OVERSIZED OP_RETURN — human-readable text Block 963,629 · 1 output(s) 🕐 2026-08-22 19:45 UTC • 255 B (vout 1) — “I made a Bitcoin puzzle using information contained in the genesis block created by Satoshi to generate the wallet. The entropy is extremely low. I didn't even need to back anything up. Everything I needed was already in the genesis block. Good luck!”