✅ 24H Global & Crypto Market Recap May 12–13, 2026 🏛 Politics & Regulation 🔹 Coinbase CEO Brian Armstrong will meet Republican senators on Wednesday ahead of Thursday’s CLARITY Act vote, a major bill aimed at defining the U.S. digital asset regulatory framework. 🔹 The Senate Banking Committee released the 309-page draft, with lawmakers given until tomorrow to submit amendments. Over 100 crypto-related amendments have already been filed. 🔹 The House Financial Committee will also hold a closed-door session Thursday to discuss crypto taxation. 💬 Market Views 🔹 Ray Dalio said Bitcoin still hasn’t proven itself as a true safe haven due to privacy concerns, high correlation with tech stocks, and its smaller size compared to gold. 🔹 Arthur Hayes believes the U.S.-China AI investment race is driving massive credit expansion, making Bitcoin a key beneficiary. He says $126K BTC is inevitable. 💰 Markets & Companies 🔹 Ark Invest bought $5.5M worth of Circle shares across three ETFs after the stock jumped 16% following Q1 2026 earnings. 🔹 JPMorgan is launching a tokenized money market fund on Ethereum to align with GENIUS Act stablecoin reserve requirements. 🔹 eBay rejected GameStop’s $56B acquisition proposal, calling it unreliable and unattractive. 📊 Macro Data 🔹 U.S. inflation rose 3.8% YoY in April, above expectations. 🔹 WSJ reports inflation has now outpaced wage growth for the first time in 3 years. 🔹 A federal appeals court temporarily paused the ruling against Trump’s global tariffs, meaning they remain active for now. 🪙 Crypto 🔹 Santiment data shows Bitcoin whales (10–10,000 BTC holders) bought 16,622 BTC in the past 24 hours while retail sentiment shows fear. 🔹 $ETH introduced Clear Signing, replacing blind signing with human-readable transaction approvals — a major security upgrade. 🚀 Tech 🔹 Google is reportedly in talks with SpaceX on orbital data centers for ultra-fast cloud computing. $BTC $TSLA $INTC #USCPIHits3.8%