According to Odaily Planet Daily, a few Bitcoin forks supporting BIP-110 split at block height 961,632, and stalled after mining only two blocks in about eight hours, now lagging behind the Bitcoin mainnet by more than 80 blocks. This fork inherits Bitcoin's current difficulty, but only about 2.53% of recent block signals support BIP-110, far below the 55% activation threshold required to avoid a fork. Bitcoin adjusts its difficulty every 2016 blocks, and based on the current hashrate, this chain is expected to take approximately 350 days to complete its next adjustment. BIP-110 proposes to temporarily prohibit writing non-financial data such as images and text into Bitcoin transactions. Michael Saylor stated that approximately 99.85% of Bitcoin's hashrate remains on the mainnet; due to the two chains being affected by the same transactions, transactions on a few chains may be replayed to the Bitcoin mainnet.

Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that Bitcoin developer Luke Dashjr suggested September 1st as a potential target date for the BIP-110 proof-of-work change hard fork, claiming that the change should have occurred when BIP-110 "should have been activated." BIP-110 author Dathon Ohm stated that the community is currently developing proposals to modify the Bitcoin proof-of-work algorithm and plans to "get miners out," while also accusing large mining pools of collectively opposing the BIP-110 initiative. Regarding the question of how the network will remain secure after existing miners leave, Dathon Ohm responded, "We will hire new miners."

According to Bitcoin News, a Bitcoin transaction is currently contributing 9.99 million satoshis, worth $6,514, to the next candidate BIP-110 block in transaction fees. This transaction only sent 1,000 satoshis, worth $0.65, but paid 9.999 million satoshis in fees, a fee rate of 90,081 satoshis/vB. This transaction accounts for approximately 35% of the total available transaction fees for the current block, which is 0.29 BTC, worth $18,573. Furthermore, this transaction has RBF enabled and may be replaced before confirmation.

According to Odaily Planet Daily, Grayscale Research Director Zach Pandl stated that even if the CLARITY Act fails to pass, the operation of major blockchains, the demand for Bitcoin as a store of value, and the growth of stablecoin payments will not be immediately affected, as regulators will fill regulatory gaps through rulemaking. Pandl pointed out that the lack of comprehensive market structure legislation could stifle new investment activity in the US, prompting crypto industry participants and startups to turn to overseas jurisdictions with clearer regulatory frameworks. The US government will continue to support the development of the crypto ecosystem. Michael Saylor, co-founder and executive chairman of Strategy, previously stated that Bitcoin will continue to grow regardless of whether the CLARITY Act passes, but the US needs clarity in digital asset regulation. Senator Bernie Moreno stated that Senate Democrats and Republicans have concluded negotiations and a vote will follow.

According to Odaily Planet Daily, market forecasts indicate that the Federal Reserve is more likely to maintain interest rates unchanged in September. Polymarket's trading volume exceeded $20.3 million, with a 63% probability of maintaining rates; Kalshi's corresponding probability was 65%, with a trading volume of nearly $4.9 million. CME FedWatch shows a 55.6% probability that the Fed will maintain the target range for the federal funds rate at 3.50% to 3.75% on September 16, and a 44.4% probability of a 25 basis point rate hike. On July 31, CME FedWatch projected a 67% probability of a rate hike. Data released by the U.S. Bureau of Labor Statistics on August 7 showed that non-farm payrolls decreased by 23,000 in July, with the unemployment rate at 4.1%. The Fed maintained interest rates unchanged at its July 28-29 meeting, and the next meeting will be held on September 15-16.