Bitcoin slipped below $80,000 on Wednesday as crypto markets turned cautious ahead of Thursday’s highly anticipated U.S. Senate Banking Committee markup meeting on the Clarity Act.

Notable Statistics:

Coinglass data shows 120,108 traders were liquidated in the past 24 hours for $374.66 million.       

SoSoValue data shows net outflows of $233.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $130.6 million.

In the past 24 hours, top losers include SKYAI, Toncoin and Terra Classic.

Notable Developments:

Trader Notes:

Trader KillaXBT said Bitcoin’s broader bear-market structure still leaves room for a move below $60,000, although the…

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Shifting Landscape

In an interview session, on Tuesday the discussion centered around ARK’s venture-focused interval fund and Robinhood’s newly launched closed-end private markets fund.

Both are designed to give retail investors exposure to private companies that traditionally remained accessible only to accredited investors and institutional capital.

Wood said the investing landscape has shifted dramatically as companies stay private far longer than in previous cycles.

She pointed to companies like

Key Takeaways

Rajgopal called the current accreditation system “antiquated,” arguing wealth thresholds no longer reflect investor sophistication in an era where information and research are widely…

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Privacy-focused cryptocurrencies are moving back into the ETF spotlight after Grayscale Investments filed with the U.S. Securities and Exchange Commission to convert its existing Zcash Trust into a spot exchange-traded fund.

If approved, the product would trade on the NYSE Arca under the ticker ZCSH, becoming the first U.S.-listed ETF directly tied to a privacy-focused cryptocurrency. The proposed fund would hold ZEC, the native token of Zcash, offering investors direct exposure to the asset instead of relying on futures contracts or crypto-related equities.

• Grayscale Bitcoin Trust (BTC) stock is under selling pressure. What’s pulling GBTC shares down?

Key Features Of The… Read more on Benzinga

• Goldman Sachs Group stock is trading at elevated levels. Where are GS shares going?

In an exclusive interview with Benzinga, the Tessera PE CEO argued that a tokenized version of Elon Musk’s SpaceX could combine “meme-stock velocity” with institutional-grade fundamentals, creating a new category of investing altogether.

“Meme stocks are narrative trades detached from fundamentals,” Ahn said. “Tokenized SpaceX is the opposite.”

Retail Demand Could Look Very Different

The bigger shift, according to Ahn, is structural.

Traditional IPO systems intentionally throttle participation through broker allocations, minimum purchase sizes and geographic restrictions. Tokenization removes many…

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For years, crypto’s biggest problem in Washington was uncertainty. Now, Brian Armstrong says regulatory “CLARITY” may finally be within reach.

Armstrong also thanked the Senate and the crypto advocacy group Stand With Crypto, which claims more than 3.7 million supporters.

The comments come as Washington appears to be taking a more serious approach toward building a formal framework for digital assets after years of regulatory clashes between crypto firms and agencies like the SEC.

Why The CLARITY Act Matters

At its core, the CLARITY Act is designed to establish clearer rules for how digital assets are regulated in the U.S..

That matters because one of the crypto industry’s biggest complaints…

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STRC Ex-Dividend Date Drives Mid-Month Rallies

Bitcoin posted strong returns during the middle week of March and April. 

K33 Head of Research Vetle Lunde said the pattern could continue this week. STRC pays dividends on the last day of each month, while share ownership gets determined by the ex-dividend date on the 15th.

Strategy issues additional STRC shares via its at-the-market program whenever the stock trades at or above its $100 par value, using the proceeds to buy Bitcoin. 

STRC typically trades near par ahead of the ex-dividend date as investors position for payouts, boosting volumes and allowing Strategy to raise more capital.

“This Friday marks another STRC ex-dividend date, and…

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The 2020 Signal Returns

The copper-to-gold ratio currently stands at 0.00142, with copper trading at $6.65 per pound and gold near $4,700 per ounce. 

The ratio has climbed above its 200-day moving average for the first meaningful time since September 2020.

Previous surges in the ratio during 2013, 2017, and 2021 aligned with major gains in Bitcoin prices. 

The ratio has risen 25% from its lows and historically leads Bitcoin by weeks to months, reinforcing the view that the current crypto rally may still be in its early stages.

Correlation Beginning To Strengthen

The correlation coefficient between Bitcoin and the copper-to-gold ratio currently sits at -0.11, though it has rebounded sharply…

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XRP (CRYPTO: XRP) whale accumulation continues to climb, even as price action remains below prior cycle highs.

Large XRP Wallets Expanding

In a detailed X post on May 13, Santiment data shows the XRP Ledger now has a record 332,230 wallets holding at least 10,000 XRP.

The milestone extends a steady accumulation trend that has been building since June 2024, suggesting larger holders have continued adding exposure through volatility instead of waiting for momentum confirmation.

Historically, growth in mid-to-large XRP wallets signals rising conviction among longer-term participants rather than short-term speculation.

The trend stands out because XRP has spent much of 2026 trading below previous…

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