CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Senate Banking Committee members face new scorecard pressure ahead of the May 14 CLARITY Act markup. Digital asset advocacy group Stand With (SWC) said on May 11 that it will score recorded votes tied to the bill. The group said it represents more than 2.9 million U.S. advocates as senators consider whether to advance market structure legislation from committee.  The committees executive session is scheduled for May 14. Members are expected to consider H.R.3633, the Digital Asset Market Clarity Act of 2025. The measure would create a regulatory system for digital commodities involving the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). It also includes provisions tied to central bank digital currency restrictions. Stand With stated:  “On behalf of more than 2.9 million U.S. advocates, Stand With is notifying senators that it will score the Senate Banking Committees May 14th markup vote on the CLARITY Act.”  Earlier advocacy work helped build pressure before the markup. On April 28, Stand With called for Senate Banking action on the bill. The group later delivered a petition to Washington after more than 28,000 Americans signed it that week. Its campaign framed the markup as the next procedural step for digital asset rules.  Polling and

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OpenAI spins out DeployCo with $4B funding to embed AI engineers directly into enterprises

OpenAI is no longer content just building the models. Now it wants to install them too, on-site, with its own engineers sitting in your office.  The company has launched The Deployment Company, or DeployCo, a joint venture backed by more than $4B from a consortium of 19 investors. The venture carries a $10B valuation and is led by Brad Lightcap, OpenAIs COO. Its mission: send OpenAI engineers directly into enterprise clients to wire up AI systems across sectors like healthcare, manufacturing, and beyond.  Whos writing the checks  The investor roster reads like a private equity all-star lineup. TPG leads the consortium, with Brookfield, Bain Capital, SoftBank, and Dragoneer among the 19 firms participating. OpenAI itself is committing up to $1.5B to the venture, giving it meaningful skin in the game.  Here‘s the thing that makes this deal unusual: investors are being guaranteed a 17.5% annual return over five years. OpenAI maintains control of the entity through super-voting shares, meaning the PE firms get their guaranteed returns but don’t get to steer the ship.  The consulting firm wearing a tech companys clothes  The model here is less “software-as-a-service” and more “engineers-as-a-service.” DeployCo will embed OpenAI deployment engineers on-site at client companies, many of which sit inside the

05-12

Ethereum Treasury Firm Sharplink Releases Q1 Earnings, Holds Over $2B In ETH

Sharplink, an Ethereum treasury company, announced its Q1 earnings results for FY26 on Monday, May 11. It revealed holding over $2 billion worth of ETH despite the massive unrealized losses.  Overview of Sharplinks Q1 Earnings Report  For the quarter that ended March 31, 2026, SharpLink posted a net loss of $685.6 million. It represents a huge increase than the net loss of $1 million in the same period last year.  The company attributed the drop to mainly the non-cash crypto-related charges related to its Ethereum treasury business. The ETH price decline in the first quarter led to a humongous loss of $506.7 million.  In addition, a loss of $191.7 million was recorded for the LsETH holdings. However, the ETH treasury losses are unrealized as the company sticks to its HODL strategy. Part of these losses were offset by $12 million in realized gains from ETH-to-LsETH conversions, redemptions, incentives and rebates.  Meanwhile, quarterly revenue rose to $12.1 million up from $0.7 million a year ago. The companys expansion of its Ethereum treasury strategy came into spotlighted via its staking operations.  Sharplinks staked Ethereum generated $11.5 million in total revenue. However, affiliate marketing revenue declined 25% to $557,000 in the quarter compared with $742,000 in the previous quarter.  Moreover,

05-12

American Bitcoin becomes cheapest US BTC miner

American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin.American Bitcoin cut its cost to produce one bitcoin by 23% to roughly $36,200 in Q1 2026, down from $46,900 in Q4 2025.The Trump family-linked miner posted a gross mining margin above 50% while most publicly listed rivals pivot capital toward AI infrastructure.Total fleet capacity reached 28.1 exahash by quarter-end, with the company holding roughly 7,021 BTC in its strategic reserve.  American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin 23% to roughly $36,200 in the first quarter of 2026, placing it among the lowest-cost public miners in the US. The company reported a gross mining margin above 50% alongside an $81.8 million net loss driven largely by a $117 million non-cash impairment on its bitcoin holdings.  The improvement in cost came from spreading higher production volume across a stable fixed-cost base, combined with what management called “continued energy pricing discipline.” The Drumheller site in Alberta, activated in late March, added roughly 3.05 exahash of computing power.  How American Bitcoin compares to the field  Total fleet capacity reached 28.1 exahash by quarter-end across roughly 89,000 mining machines. Eric

05-12

Bitcoin Holds $81K as Strategy Resumes Buys, MVRV Flashes Bullish Reversal and ETPs Capture $858M

Bitcoin  Bitcoin Holds $81K as Strategy Resumes Buys, MVRV Flashes Bullish Reversal and ETPs Capture $858M  Michael Saylor has pushed back forcefully against the narrative that Strategy will become a meaningful seller of Bitcoin, framing potential dividend-funding sales as economically trivial. In recent remarks, the executive chairman argued the company would still buy roughly twenty coins for every one sold, dismissing the proposition as a “nothing burger” given current liquidity conditions across spot venues. He emphasized that Strategy now operates as a full-spectrum capital markets vehicle, balancing BTC yield against credit impact when allocating between coin purchases, debt retirement, and share buybacks. The framing aims to defuse investor anxiety triggered during the firms most recent earnings call.  Spot price action remains pinned beneath the 200-day exponential moving average near $82,039, a level that has triggered sharp drawdowns of 25% to 36% on every rejection since November 2025. BTC dipped under $82,000 in early-week trade, yet bulls are defending the $81,500 zone aggressively as the 20-day EMA continues to slope higher. Social sentiment readings show a bullish-to-bearish comment ratio of roughly 1.5 to 1, a tilt some analysts warn may cap immediate upside. Traders are eyeing a decisive daily close above $84,000 to validate

05-12

DOGE Price Prediction: $0.12 Breakout or $0.10 Collapse Within 30 Days

The Immediate Setup  Dogecoin trades in a state of technical limbo at $0.11, showing minimal movement with a modest 0.37% daily gain that barely registers as meaningful price action. The meme coin finds itself compressed within an extremely tight range, with daily volatility shrinking to just $0.01 – a condition that historically precedes significant directional moves in either direction.  Current momentum indicators paint a picture of neutrality rather than conviction. The relative strength index sits comfortably in the middle zone while momentum oscillators hover near equilibrium, suggesting neither bulls nor bears have established clear control. This sideways grinding action often represents an accumulation phase where larger players position themselves before the next major move.  The $149 million in daily trading volume indicates institutional participation remains active despite the lackluster price performance. Blockchain.news technical analysis suggests these consolidation patterns typically resolve within 2-4 weeks, making the coming month critical for determining DOGEs next chapter.  Critical Price Levels  The technical landscape reveals a coin balanced precariously between competing forces. Overhead resistance at $0.12 represents the immediate hurdle that must be cleared for any bullish continuation, while the coin currently trades below its longer-term moving averages – a condition that keeps the broader trend questionable despite recent stability.  Support

05-12

Large crypto liquidations in the last 24 hours

Crypto  Large crypto liquidations in the last 24 hours  In the last 24 hours there have been large liquidations on the crypto market.  According to Coinglass data, almost 165 million dollars of long positions were liquidated, and more than 240 million dollars of short positions.  In total, almost 410 million dollars of long or short positions were liquidated.  The liquidations  A long position is a bet on the price of an asset going up, while a short position is a bet on it going down.  To prevent any excessive losses from eroding the entire invested capital and generating further losses (which would create a debt), such positions are automatically closed by the platforms before the capital is completely eroded, in case of such risks.  In these cases they are true forced liquidations that turn out to be absolutely unavoidable if the losses risk becoming excessive.  Obviously, if such positions do not generate excessive losses, or are even in profit, they are not liquidated, unless the investor has set an automatic take-profit (TP) at a specific price.  Therefore forced liquidations, caused by losses, must be distinguished from automatic closing of profitable take-profits.  Volatility and forced liquidations  If long or short positions are leveraged, the risk of them being liquidated increases significantly.  A leveraged position

05-12

BlackRock Expands Ethereum Treasury Tokenization Strategy

BlackRock expands Ethereum tokenization strategy through its $7B Treasury liquidity fund.It uses Ethereum ERC-20 tokens for fund shares, while BNY Mellon maintains the on-chain register.BlackRocks filings included a Treasury-backed stablecoin reserve liquidity product.  BlackRock expanded its Ethereum-based tokenization strategy after outlining plans for new blockchain-linked share classes tied to its Treasury liquidity products. The project connects traditional money-market funds with Ethereum infrastructure through tokenized ownership records, increasing institutional activity tied to blockchain settlement systems and tokenized financial products.  The SEC filing centers on BlackRocks Select Treasury Based Liquidity Fund, which manages about $7 billion in assets. The structure uses ERC-20 tokens on Ethereum to represent ownership of fund shares, while BNY Mellon will maintain the official on-chain ownership register.  The move builds on the growth of BlackRocks BUIDL fund, which launched in 2024 and currently manages approximately $2.5 billion in assets. BUIDL invests in U.S. Treasury bills, repurchase agreements, and cash instruments while providing tokenized access through blockchain infrastructure.  BlackRock Adds New Ethereum-Based Treasury Products  BlackRock plans to introduce a digital share class connected to its Treasury liquidity fund alongside a separate blockchain-based product tied to stablecoin liquidity and settlement functions. Both products are designed to use Ethereum-based tokenized ownership infrastructure for on-chain transfers and

05-12

Ethereum details Glamsterdam devnet progress and Hegotá roadmap shift

FOCIL, Verkle Trees and account‑abstraction upgrades have moved to Hegotá, turning it into a late‑2026 “cleanup and hardening” fork while leadership changes in Ethereums Protocol Cluster steer the longer Strawmap roadmap.Glamsterdams multi‑client devnet is running enshrined PBS and gas repricing via EIP‑8037, giving Ethereum a clearer path to formalize MEV at the protocol level without overloading a single fork.EIP‑8037s cost_per_state_byte model targets roughly 60 GiB of state growth per year at 300m gas, making new accounts and state-heavy contracts 8–10x pricier while preserving deployability for large DeFi codebases.  The Ethereum Foundation has published a new protocol update confirming that the Glamsterdam development network is now online and that work on the Hegotá scalability roadmap is advancing in parallel. In a blog post summarizing an interoperability meeting held in Norways Svalbard archipelago, core developers outlined how execution-layer changes like enshrined proposer-builder separation (ePBS), gas repricing via EIP‑8037 and censorship-resistance features such as FOCIL are being staged across the next two upgrades rather than crammed into one fork.  Glamsterdam devnet and ePBS status  On the execution side, the Foundation reports that ePBS — Ethereums (ETH) external proposer-builder separation architecture — is now running stably on a multi‑client Glamsterdam devnet. The external block builder process has

05-12

Are ETH Traders Awaiting Direction as Derivatives Activity Cools Down?

ETH Derivatives activity on the Binance cryptocurrency exchange has cooled down.The cool-down happened amid a sideways, choppy price trend for the flagship altcoin.Analysts say the decline in ETH derivatives activity is a signal for a potential breakout.  Ethereum, the second-largest cryptocurrency by market capitalization, has maintained a sideways, choppy trend for the past few weeks, with the price retracing downward after every attempted rally.  This trend pattern caused many traders to wait on the sidelines, without taking a trading position. From all indications, those traders are waiting for a breakout in either direction to decide what to do with the cryptocurrency.  Source: X  A Changing Dynamics for Ethereum  In the meantime, cryptocurrency analysts have identified an event that could attract traders attention toward Ethereum. Data from CryptoQuant show that ETH derivatives activity has cooled down, a development analysts believe could precede a breakout.  Analyst Darkfost, who posted about the latest development, noted that Ethereums Estimated Leverage Ratio on Binance has sharply declined to 0.57, while the cryptocurrency once again tested the $2,450 resistance level. According to the analyst, lower leverage tends to stabilize the market, especially while ETH is attempting to break out of its range.  How Has Ethereum Performed Lately?  Notably, Ethereum‘s latest sideways consolidation started after

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