May 12: CLARITY Act Markup Set for May 14, Strategy Buys 535 BTC

SummaryBitcoin Update: Bitcoin holds above $80,800 amid escalating Middle East tensions that pushed oil higher, while traders await today’s U.S. inflation report that could shape near-term risk appetite.CLARITY Act Update: The Senate Banking Committee has set a full markup of the crypto market structure bill for May 14, the same day the House will hold a bipartisan crypto tax meeting — potentially the most important single day for U.S. crypto policy in years.Institutional Moves: Strategy bought another 535 BTC for $43 million, while Exodus sold 1,000 BTC (~$73.2 million) to fund its payments business.Bullish Voice: Arthur Hayes declared Bitcoin will “explode” past $90,000 on its way to $126,000 and is going “maximum risk” with altcoin bets on HYPE, ZEC, and NEAR.Token Unlocks: Over $737 million in tokens will unlock this week across Connex, Avalanche, and Arbitrum, which could add selling pressure if demand doesn’t absorb it.Security Watch: CertiK and others are warning of rising supply-chain attacks on open-source crypto libraries, with multiple projects already hit in the past week. Hosted on Acast. See acast.com/privacy for more information.