CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Senate Banking Markup Puts CLARITY Act Scorecard in Focus  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

05-12

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

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

MoonPay acquires Dawn Labs to launch AI trading tool for prediction markets

Bitcoin Ethereum News  MoonPay acquired Dawn Labs and launched Dawn CLI, an AI native trading tool designed to turn plain English strategy prompts into executable workflows for financial markets.  The acquisition brings Dawn Labs founder Neeraj Prasad and the companys team into MoonPay Labs, where Prasad will serve as Chief Engineer. MoonPay said the deal advances its push to build AI native infrastructure for financial services, extending its product stack beyond crypto payment access and agent wallets.  Dawn CLI is designed to manage the full trading workflow, from natural language input to research, code generation, simulation, and user directed execution on supported venues.  MoonPay said the tool targets prediction markets, a fast growing category where active traders often rely on social signals, automated systems, and cross platform positioning.  MoonPay CEO Ivan Soto Wright said Dawn Labs has made complex active trading systems more accessible to users with an idea, while Prasad said the product was built to reduce fragmentation across research, strategy development, and execution.  The company said Dawn CLI uses a non custodial architecture and allows users to review strategy code and set controls such as trading limits and position size before deployment.  The acquisition fits into MoonPays broader effort to build financial infrastructure for AI

05-12

Ethereum Price Prediction: Market Consolidates at Key $2,370 Level Ahead of Breakout

Ethereum trades in tight range near resistance, with $2,372 breakout key for upsideOpen interest stabilizes near $33B, showing steady leverage and cautious positioningExchange flows remain mixed, with $81.5M outflows signaling cautious accumulation  Ethereum continues to trade inside a tight consolidation range as traders monitor whether the asset can regain bullish momentum above key resistance zones. The second-largest cryptocurrency has stabilized after rebounding from recent lows near $2,220, yet price action still lacks a decisive breakout structure.  At the same time, derivatives data and exchange flow activity suggest market participants remain cautious despite improving short-term sentiment. Consequently, Ethereum now sits at a pivotal technical zone that could determine its next directional move.  Ethereum Faces Key Resistance Cluster  Ethereum currently trades between $2,330 and $2,370 after recovering from a sharp pullback earlier this month. Buyers recently defended the $2,220 to $2,280 support region, helping the market establish a sequence of higher lows on the 4-hour chart.  Besides, price action now presses into a heavy resistance cluster formed by Fibonacci retracement levels and short-term exponential moving averages.  Ethereum Price Dynamics (Source: Trading View)  The immediate resistance level sits near $2,372, which aligns with the 0.618 Fibonacci retracement zone. A sustained move above that barrier could shift momentum quickly toward the

05-12

Ethereum (ETH) Price Prediction: ETH Holds Near $2,333 as Bulls Eye $2,640 CME Gap

Ethereum price prediction remains focused on the $2,350 breakout zone as ETH trades near $2,328, with CME gap targets, whale activity, and range compression shaping the next move.  Ethereum price is back in a decision zone after a choppy but constructive recovery attempt. According to Brave New Coin data, ETH is trading near $2,328, down around 1.17% in the last 24 hours, with daily volume sitting close to $19.82 billion. The move is not explosive yet, but the structure is getting interesting.  ETH Still Trapped Inside a Clear Trading Range  CGT Trader highlighted that ETH is still moving inside a well-defined range, with failed breakout attempts on both sides. The chart shows price repeatedly sweeping above and below the range, only to return inside.  This type of structure usually shows indecision. Buyers are defending the lower side, but sellers are still active near the upper band. Until ETH breaks cleanly above the range high, traders may continue treating this as a mean-reversion setup rather than a confirmed trend.  The important resistance area remains around $2,350–$2,400. A clean reclaim above this zone would shift the structure in favor of bulls. On the downside, losing the lower range would expose ETH back towards the $2,200–$2,150 support region.  CME

05-12

Bitmine Slows Ether Buys After Acquiring 1M ETH in 2026

Bitmine reduced its weekly ether purchases after months of rapid accumulation in 2026.The company bought 26,659 ETH last week, worth about $63 million at current prices.Bitmine now holds more than 5.2 million ETH, which equals about 4.31% of Ethereums circulating supply.Tom Lee said the firm slowed buying as it approached its long-term goal of owning 5% of supply.Bitmine has acquired over 1 million ETH since the start of this year.The companys total crypto and cash holdings stand at $13.4 billion.  Bitmine Immersion Technologies has reduced its weekly ether purchases after months of rapid accumulation. Chairman Tom Lee confirmed the shift after the firm approached its 5% Ethereum supply target. The company still holds over 5.2 million ETH after buying more than 1 million tokens this year.  Bitmine Eases Weekly Ether Accumulation Pace  Bitmine bought 26,659 ETH last week, valued at about $63 million at current prices. However, that figure equals roughly one quarter of its recent weekly average. The purchase increased total holdings to over 5.2 million ETH, or about 4.31% of the circulating supply.  Tom Lee addressed the change during remarks at Consensus 2026 in Miami. He said the company would reduce weekly purchases from over 100,000 ETH. “Our previous pace of buys

05-12

Jordi Visser Buys Ethereum to Bet on AI Payments, Tokenization

Veteran macro investor Jordi Visser has revealed a strategic bet on Ethereum (ETH), citing the growing demand for AI-driven agent payments and the expanding tokenization of real-world assets. Speaking on a podcast with Anthony Pompliano, the former hedge fund manager described the intersection of tokenization and AI as a transformative force in finance.  Visser argued that autonomous AI agents will increasingly rely on digital assets like Ethereum and stablecoins to operate online, as these do not require traditional banking access. “AI agents need food, and that food is tokens,” he said, emphasizing that the demand for such assets could lead to supply constraints. According to x402.org, autonomous AI transactions have already surpassed $24 million in volume over the past month, signaling early adoption.  Ethereum remains the dominant blockchain for tokenized assets, commanding over 60% of the market—including activity on its layer-2 networks—according to RWA.xyz. Visser linked this dominance to Ethereums ability to support price discovery for illiquid assets. He highlighted how tokenization could unlock capital trapped in sectors like private equity, private credit, and venture capital, offering a structural solution to longstanding inefficiencies.  “Tokenization is needed for no other reason than price discovery for a lot of these things that are trapped,” Visser

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

Ethereum Cools Off Below $2,450 – Lower Leverage Sets The Stage For A Breakout

Ethereum is testing resistance as the market heats up and buyers attempt to force a decisive break above the level that has capped the recovery for nearly a month. The price action is building toward a resolution — and top analyst Darkfost has examined the derivatives data behind the current setup in a way that adds structural context to both the consolidation and what it might take to end it.  Ethereum has been trading between $2,250 and $2,450 for close to a month, a range that formed immediately after a 33% rally from the February lows. That rally was not quiet. Open interest increased by approximately $4.5 billion during the move, confirming a significant resurgence in derivatives participation.  What Darkfost identifies as particularly revealing is the funding rate picture throughout the same period. Despite the 33% rally, the surge in open interest, and the elevated leverage ratio, funding rates remained mostly negative. The majority of derivatives participants were not riding the recovery. They were betting against it — maintaining bearish positioning even as the price moved significantly higher, accumulating the kind of short exposure that creates structural pressure in the market above the price.  The Leverage Has Been Cleared. Now the Real Test

05-12
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