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

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Text version: https://stenobird.com/podcast/daily-crypto-news-6024634/may-12-clarity-act-markup-set-for-may-14-strategy-buys-535-btc.md
Podcast: [Daily Crypto News](https://stenobird.com/podcast/daily-crypto-news-6024634)
Published: 2026-05-12T13:46:35+00:00
Episode link: https://shows.acast.com/today-in-web-3/episodes/6a032f3b5c981a3573564e8d
Audio file: https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/6a032f3b5c981a3573564e8d/media.mp3
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Duration seconds: 604

## Resource

Summary Bitcoin 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.

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