Regulatory clarity could unlock trillions in institutional capital, impacting 
global crypto competitiveness and encouraging U.S. market participation.
The post Congress members to discuss Bitcoin and crypto market structure 
Tuesday appeared first on Crypto Briefing.

Congress members to discuss Bitcoin and crypto market structure Tuesday

Exodus Movement, Inc. (NYSE American: EXOD) significantly altered its balance 
sheet strategy during the first quarter of 2026, offloading a majority of its 
bitcoin holdings to finance a pivot into the global payments sector. NYSE 
American Listed Exodus Liquidates 63% of Bitcoin Treasury in Q1 According to 
the company’s unaudited Q1 2026 financial results and […]

Exodus Movement Sells 1,076 Bitcoin to Fund Global Payments Expansion

Peter Schiff thinks Strategy executive chairman and co-founder Michael Saylor 
is misleading retirees. The outspoken economist fired off a warning on X, 
asking how the SEC could allow Saylor to publicly describe STRC as suitable 
for retired investors whose main goals are low-risk wealth preservation and 
steady income. Related Reading: Shiba Inu Bullish Momentum Explodes As Buying 
Pressure Intensifies Schiff called it a violation of SEC antifraud and 
marketing rules. Strategy has not publicly responded to the criticism. A 
Preferred Stock Built Around Bitcoin The debate comes as Strategy pulled in 
over $206 million through its STRC perpetual preferred stock program. 
According to data from Bitcoin Treasuries&#8217; ATM tracker on May 11, the company 
issued 2.12 million shares to generate those proceeds. At an average Bitcoin 
price of $81,471, that haul could buy roughly 2,536 BTC. The capital raise 
happened the same day Strategy announced it bought $43 million worth of 
Bitcoin — its first purchase after a one-week pause. The timing was no 
coincidence. STRC&#8217;s return to its $100 par value earlier in the session 
reopened the door for fresh share sales under the company&#8217;s at-the-money 
program. Trading volume told the story clearly. STRC recorded close to $445 
million in daily volume on May 11, with the stock barely moving — it ranged 
from $99.99 to $100.01. That kind of price stability was the green light the 
program needed. How STRC Works The stock&#8217;s structure was designed by Saylor 
himself. Reports indicate STRC is built to hold steady at $100 per share, with 
dividend payouts that shift depending on where the stock trades. When the 
price dips below par, yields go up to pull investors back in. When shares 
trade at or above the target, the company can cut the payout and redirect 
capital toward Bitcoin purchases. STRC currently yields 11.5% annually, with 
the next ex-dividend date set for May 15. STRC had already shown signs of 
recovery on May 8, when it closed at $99.99 and climbed back to $100 in after- 
hours trading. Volume that day topped $218 million — a signal the stock was 
regaining footing before Monday&#8217;s full rebound. Related Reading: Nearly 80% Of 
Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip Schiff&#8217;s 
Challenge Draws Attention Schiff&#8217;s objection cuts to a basic question about 
who STRC is for. The preferred stock is linked, at least indirectly, to 
Strategy&#8217;s ongoing Bitcoin accumulation strategy, which carries its own risks. 
That tension — between the stock&#8217;s structured, fixed-price design and the 
volatile asset it funds — sits at the center of the dispute. Strategy has 
built a model around raising equity capital and using the proceeds to buy 
Bitcoin. The STRC program is one of several instruments the company uses to 
keep that cycle running. With Monday&#8217;s raise added in, the machine is moving 
again. Featured image from Shutterstock, chart from TradingView

Strategy Boosts Bitcoin Position With Fresh $206M STRC Injection

China&#8217;s mixed signals on US sanctions highlight the complex geopolitical 
balancing act, risking economic and legal challenges for global firms.
The post China sends mixed signals on US sanctions ahead of Trump-Xi meeting 
appeared first on Crypto Briefing.

China sends mixed signals on US sanctions ahead of Trump-Xi meeting

The deployment signifies deepening Israel-UAE military ties, potentially 
complicating regional peace efforts amid heightened tensions.
The post Israel deploys Iron Dome to UAE amid Iran conflict escalation 
appeared first on Crypto Briefing.

Israel deploys Iron Dome to UAE amid Iran conflict escalation

A major piece of US crypto legislation is now in the spotlight with XRP at the 
center: the CLARITY Act draft text was released Monday night, totaling 309 
pages and arriving ahead of a key Senate markup scheduled for Thursday. The 
bill has been delayed since January, but the appearance of the full draft has 
already triggered intense attention from XRP analysts who believe important 
parts of the document could meaningfully improve the altcoin’s regulatory 
outlook. ‘Legally Favorable’ For XRP According to market expert Bull Winkle, 
several provisions in the draft point to “significant bullish categories” for 
XRP. In a post shared after the release, Winkle said his reaction was not only 
excitement, but a sense that the framework is unusually favorable in legal and 
structural terms. He began by focusing on the early pages of the draft which 
creates a new regulatory category for a “network token.” In his reading, the 
bill defines a network token as a digital asset intrinsically tied to a 
distributed ledger, where the value comes from the network’s use rather than 
from any company’s profits. Related Reading: Top Analyst Confirms The Bearish 
Target: Bitcoin Could Ease Down To $40,000 He argued that this is the type of 
model XRP fits into, noting that the altcoin’s value, as he describes it, is 
tied to activity on the XRP Ledger (XRPL)—specifically payments, settlement, 
and utility—rather than Ripple’s profitability. He also emphasized that, in 
this view, the XRP Ledger continues running whether Ripple exists or not, and 
that the “network token” definition appears to be written for an asset with 
that exact structure. From there, Winkle pointed to what he said was the most 
striking legal detail he found in the draft. He said Section 105, spanning 
pages 110 to 112, includes language inside the decentralization test that he 
believes has major implications. The Best Regulatory Framework For Crypto? The 
clause he highlighted states that if a court has already determined that a 
transaction was not a security before the law was enacted, then the asset 
cannot later be reclassified as a security. In Winkle’s interpretation, this 
language is directly connected to the Ripple-related court findings that have 
already been established. He also referenced the legal context he believes 
matters most: Judge Torres’ ruling that XRP secondary market sales were not 
securities transactions, which he described as final. He characterized this as 
the single most important legal protection XRP has ever received, in part 
because it would put a firm boundary around how future re-interpretations 
could be handled. Related Reading: Circle Banks $200M From Giants Like 
BlackRock In Arc Token Presale, CRCL Jumps 15% Winkle’s post also cited 
Section 401, located on pages 195 through 204, and described it as a provision 
that explicitly authorizes banks and credit unions—along with their 
subsidiaries—to use digital assets for payments, custody, clearing, and 
settlement. In his view, this is not just a general permission slip, but an 
on-ramp for the banking sector to move forward with the same operational 
capabilities that XRP advocates have associated with payment infrastructure 
work. Even with his bullish conclusion, Winkle was careful to note that the 
CLARITY Act is still a Senate draft and has not passed yet. That means the 
provisions he highlighted remain subject to change as lawmakers negotiate and 
vote. Still, he argued that the document already contains the most favorable 
regulatory framework for XRP that the US government has put on paper to date. 
Featured image created with OpenArt, chart from TradingView.com

Congress members to discuss Bitcoin and crypto market structure Tuesday

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