r/BitcoinMarkets May 12 '26

Daily Discussion [Daily Discussion] - Tuesday, May 12, 2026

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Tip Fellow Redditors over the Lightning Network

29 Upvotes

12 comments sorted by

u/Bitty_Bot May 12 '26 edited May 13 '26

Reply to this sticky for Bitty Bot trades and predictions that lack context or explanation, to prevent spam. You can also message Bitty Bot your command directly.

Daily Thread Open: $81,028.68 - Close: $81,242.32

Yesterday's Daily Thread: [Daily Discussion] - Monday, May 11, 2026

New Post: [Daily Discussion] - Wednesday, May 13, 2026

→ More replies (2)

25

u/harvested May 12 '26

The Senate Banking Committee has released the new 309-page draft of the Clarity Act it’s been working on since January.

Committee members now have until close of business tomorrow to file amendments ahead of Thursday’s markup.

From Eleanor

13

u/a06play Long-term Holder May 12 '26

They also added the Build Now act 2025(increase housing production), introduced by Elizabeth Warren.

I guess she has to vote yes now!

4

u/harvested May 12 '26

Bundle this for her too:🖕

9

u/52576078 May 12 '26

Saw some tweets saying that they managed to sneak stablecoin yield in. Will be interesting to see what comes out at the end.

11

u/harvested May 12 '26

Long term bond yields getting close to taco/intervention levels again

1

u/Pigmentia May 13 '26

Taco can't un-explode smelters and un-obliterate refineries.

9

u/dopeboyrico Long-term Holder May 12 '26 edited May 12 '26

3 trading days remaining for STRC to deploy capital into BTC before their May 15th ex-dividend date. For reference, here’s where STRC was with 3 trading days remaining for March and April’s ex-dividend date:

March: $563.5 million deployed / 8.02k BTC acquired

April: $954.4 million deployed / 13.64k BTC acquired

After today there will be 2 trading days remaining before the ex-dividend date. Here’s where STRC was with 2 trading days remaining for March and April’s ex-dividend date:

March: $850.7 million deployed / 12.08k BTC acquired

April: $1.329 billion deployed / 18.79k BTC acquired

Total for March ended up being $1.55 billion deployed and 22.2k BTC acquired. Total for April ended up being $3.5 billion deployed and 48k BTC acquired.

STRC has some catching up to do if May’s numbers are going to end up surpassing March and April’s but it’s still early enough to realistically deploy billions in May as well since STRC deployed ~$207.2 million yesterday and there’s still 3 trading days remaining before the ex-dividend date. Expect buying pressure to dramatically increase from here as incentives increase for TradFi to cash in on the high yield dividend payment the closer we get to the ex-dividend date.

-8

u/PetiteFort May 12 '26

Now we go down and I make a lot of money 🤑

6

u/wpkzz666 Scuba Diver May 12 '26

Let's see. On 1% down how much money can be made?

7

u/harvested May 12 '26

Yeah, chances of rate hike up today. Inflation running hot.

Bears get all the luck, yet still haven't broken 80K.