The Clarity Act now has a mark update and strategy buys Bitcoin days after warning it might sell.

The Senate Banking Committee has set May 14th as the mark update for the Digital Asset Market Clarity Act,

putting the market structure bill back on the calendar after a January postponement.

The notice follows months of talks over SEC CFTC jurisdiction, consumer protections, and a

stable coin yield compromise the crypto industry backed last week. The White House wants the bill

passed by July 4th, and the markup gives Senate banking another shot at moving the bill before that

target. President Trump said Iran's response to a U.S. peace proposal was totally unacceptable,

sending oil higher and crypto lower. Bitcoin had climbed to 82,400 at the CME open before reversing

back to around 81,000 as the geopolitical pressure took hold.

More than 400 million in leveraged futures bets were liquidated, with shorts taking most of the hit.

And Strategy bought another 535 Bitcoin for $43 million.

This comes just days after the company said it was prepared to sell some of its BTC to repay debt or fund dividends.

The purchases were funded by preferred stock sales, bringing strategies total holdings to 818,869 Bitcoin,

acquired at an average cost basis of 75,540.

Get more updates on CoinDest.com.